Back to all scanners

ROIC Screener | Awesome Stocks With High ROIC

We scan the market daily to find the best stocks with high return on invested capital.

Companies With a High Return on Invested Capital

A high return on invested capital (ROIC) means investors are realizing strong returns on their investment in a company.

The higher the ROIC, the better a company is investing it’s capital to generate future growth and shareholder value.

For example, let’s say a management team had $1 million dollars to invest, and they could either invest in a new product line, or enhancements to their existing product line. After thinking it over, the Company invests the $1 million in a new product line. One year later, the Company looks back at what they have earned on the new product line, only to find out that it’s a measly $100,000.

As it turns out, if they had invested in the enhancements to their existing product line, they would have earned $500,000 over the same period of time. What does this mean?

Well, there could be more factors at play, but based on this example, the Company’s management team made the wrong decision.

As an investor, you want your management teams making the right decisions and investing in the areas that will generate the highest returns for you as an investor.

So, what’s an easy way to find companies that are investing in the right areas of their business, and distributing that money back to investors? Find stocks with a high ROIC.

Using the DiscoverCI Stock Screener, we scan for stocks daily that have a great ROIC, and are growing operations. Our screen was built using the following criteria:

  • Recent growth in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA),
  • Debt to Equity Ratio Less Than 1.00, and
  • Return on Invested Capital Greater than 20%.

The list is sorted by ROIC from high to low, and our analysis is updated daily.

We update this list daily. Last updated: June 16th, 2024

Unlock High-Powered Stock Screening

Our free screening tools can be used by anyone, but only DiscoverCI Members have complete access to all of our most powerful features, including automated stock scans, customized stock screens, excel data downloads and much more.

Showing up to 50 stocks. Upgrade to see the full list.
Download Trade Ideas

Recent stock scanners

The Complete NASDAQ Penny Stock List in 2021

Complete list of actively traded NASDAQ Penny Stocks in 2021, with average daily volume over 50,000. Find active penny stocks now. Updated daily.
View >>

Undervalued Technology Stocks in 2021 [Updated Daily]

Looking to find undervalued technology stocks for 2021? Here's a list of undervalued tech companies with strong growth and stability in 2021.
View >>

The 75 Best Tech Stocks For 2021

Looking to find the best tech stocks for 2021? Here's a list of 75 growing, well capitalized, and highly liquid tech stocks for 2021.
View >>

© 2021 DiscoverCI

Disclaimer: DiscoverCI LLC is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on represent a recommendation to buy or sell a security. The information on this site, and in its related application software, spreadsheets, blog, email and newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. In no event shall be liable to any member, guest or third party for any damages of any kind arising out of the use of any product, content or other material published or available on, or relating to the use of, or inability to use, or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related blog, email and newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way.