Golar LNG Limited ROIC

ROIC of GLNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.

Highlights and Quick Summary

  • Annual ROIC for 2020 was 2.29% (a 124.51% increase from previous year)
  • Annual ROIC for 2019 was 1.02% (a -46.32% decrease from previous year)
  • Annual ROIC for 2018 was 1.9% (a -231.03% decrease from previous year)
  • Twelve month ROIC ending June 29, 2021 was 3.97% (a 32.33% increase compared to previous quarter)
  • Twelve month trailing ROIC increased by 50.95% year-over-year
Trailing ROIC for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
3.97% 3.0% 2.29% 2.63%
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Historical ROIC of Golar LNG Limited

Most recent ROICof GLNG including historical data for past 10 years.

Interactive Chart of ROIC of Golar LNG Limited

Golar LNG Limited ROIC for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 2.29%
2019 1.02%
2018 1.9%
2017 -1.45%
2016 -2.57%
2015 -0.54%
2014 -0.04%
2013 1.68%
2012 6.88%
2011 4.13%
2010 2.33%

Business Profile of Golar LNG Limited

Sector: Energy
Industry: Oil & Gas Midstream
Golar LNG Limited provides infrastructure for the liquefaction, transportation, and regasification of LNG. It operates through Shipping, FLNG, and Power segments. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of April 16, 2021, it operated ten LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.