What is ay Inc's ROI in the second quarter of 2024?
Corpay Inc achieved a return on average invested assets (ROI) of
12.87 % in its second quarter of 2024, this is above CPAY's average return on investment of 11.44%.
Corpay Incs investments during the 12 months ending in the second quarter of 2024 are valued at $7 billion
ROI has improved compared to 12.58% in the first quarter of 2024, due to net income growth.
Within the
Services sector 54 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Jun 30 2024 quarter, so far to
368, from total ROI ranking in the first quarter of 2024 at
546.
Definition and Formula of Return on Investment
| Return On Investment |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Investment Change TTM |
5.39 % |
7.31 % |
5.46 % |
2.39 % |
-0.88 % |
| Y / Y Net Income Change TTM |
8.62 % |
4.8 % |
33.34 % |
86.15 % |
254.25 % |
| Investment (TTM) in Millions |
7,618 |
8,173 |
7,879 |
7,697 |
7,942 |
| Return On Investment (TTM) |
12.87 % |
12.58 % |
12.63 % |
12.48 % |
12.48 % |
| CPAY's Overall
Ranking |
# 368 |
# 546 |
# 0 |
# 0 |
# 0 |
| Seq. Investment Change TTM |
-1.02 % |
1.9 % |
2.01 % |
2.43 % |
0.78 % |
| Seq. Net Income Change TTM |
1.2 % |
1.52 % |
3.21 % |
2.43 % |
-2.36 % |
| Net Income (TTM) in Millions |
1,009 |
997 |
982 |
951 |
929 |
