GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » U-Haul Holding Co (FRA:AUK) » Definitions » ROCE %

U-Haul Holding Co (FRA:AUK) ROCE % : 4.49% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is U-Haul Holding Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. U-Haul Holding Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.49%.


U-Haul Holding Co ROCE % Historical Data

The historical data trend for U-Haul Holding Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

U-Haul Holding Co ROCE % Chart

U-Haul Holding Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.66 4.88 7.41 11.83 9.06

U-Haul Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.49 2.61 9.52 9.93 4.49

U-Haul Holding Co ROCE % Calculation

U-Haul Holding Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=1340.914/( ( (15708.02 - 1468.414) + (16928.421 - 1576.924) )/ 2 )
=1340.914/( (14239.606+15351.497)/ 2 )
=1340.914/14795.5515
=9.06 %

U-Haul Holding Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=721.964/( ( (17823.099 - 1574.353) + (17425.362 - 1480.038) )/ 2 )
=721.964/( ( 16248.746 + 15945.324 )/ 2 )
=721.964/16097.035
=4.49 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


U-Haul Holding Co  (FRA:AUK) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


U-Haul Holding Co ROCE % Related Terms

Thank you for viewing the detailed overview of U-Haul Holding Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


U-Haul Holding Co (FRA:AUK) Business Description

Traded in Other Exchanges
Address
5555 Kietzke Lane, Suite 100, Reno, NV, USA, 89511
U-Haul Holding Co is an American moving truck, trailer, and self-storage rental company. The company also provides moving boxes, packing supplies, LPG (propane) refills, trailer hitch and wiring installation, storage container rentals, and other services. It has three reportable segments Moving and Storage, Property and Casualty Insurance, and Life Insurance. The majority of its revenue comes from the Moving and Storage segment.

U-Haul Holding Co (FRA:AUK) Headlines

No Headlines