What does CROIC % 1y Ago mean?
Cash Return On Invested Capital (CROIC or CROCI) measures how much cash a company cgenerate based on each dollar it invests into its operations. It is similar to ROIC but focuses on cash, rather than profits. CROIC = Free Cash Flow divided by Invested Capital. The higher the CROIC, the better and a CROIC above 10% is usually regarded as good.