DHIL's ROIC Has Declined
The combination of NOPAT margins falling from 48.03%in 2019 to 29.41% in the LTM and average invested capital turns rising from 0.98 to 1.23 has led to a decline in ROIC from 47.27% to 36.2%.
The combination of NOPAT margins falling from 48.03%in 2019 to 29.41% in the LTM and average invested capital turns rising from 0.98 to 1.23 has led to a decline in ROIC from 47.27% to 36.2%.
