Everything to Know about ROIC, with Average ROIC by Industry Data

“A truly great business must have an enduring ‘moat’ that protects excellent returns on invested capital.” –Warren Buffett, 2007 Shareholder Letter Another quote from Buffett in his most recent shareholder letter concerning return on invested capital: “Well-managed industrial companies do not, as a rule, distribute to the shareholders the whole of their earned profits. In […]