Howard Hughes Holdings (FRA:HHE0) ROCE % : 3.48% (As of Dec. 2023)

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What is Howard Hughes Holdings 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. Howard Hughes Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.48%.

Howard Hughes Holdings ROCE % Historical Data

The historical data trend for Howard Hughes Holdings'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.

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Howard Hughes Holdings ROCE % Chart

Howard Hughes Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.86

1.63

2.32

4.14

-6.10

Howard Hughes Holdings 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															4.42	0.62	-0.02	-28.95	3.48

Howard Hughes Holdings ROCE % Calculation

Howard Hughes Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-511.974	/	( ( (9065.669 - 523.22)	+	(8782.112 - 547.605) )	/ 2 )
	=	-511.974	/	( (8542.449	+	8234.507)	/ 2 )
	=	-511.974	/	8388.478
	=	-6.10 %

Howard Hughes Holdings'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 )
	=	287.368	/	( ( (8780.738 - 500.465)	+	(8782.112 - 547.605) )	/ 2 )
	=	287.368	/	( ( 8280.273	+	8234.507 )	/ 2 )
	=	287.368	/	8257.39
	=	3.48 %

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

Howard Hughes Holdings (FRA:HHE0) 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.

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Howard Hughes Holdings (FRA:HHE0) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Howard Hughes Holdings Inc (FRA:HHE0) » Definitions » ROCE %

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HHH:USA

Address

9950 Woodloch Forest Drive, Suite 1100, 11th Floor, The Woodlands, TX, USA, 77380

Website

https://www.howardhughes.com

Howard Hughes Holdings Inc owns, manages, and develops commercial, residential, and mixed-use real estate throughout the USA. Its portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country.

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