Xerox Holdings (LTS:0A6Y) ROCE % : -6.73% (As of Mar. 2024)

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What is Xerox 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. Xerox Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -6.73%.

Xerox Holdings ROCE % Historical Data

The historical data trend for Xerox 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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Xerox Holdings ROCE % Chart

Xerox Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.98

2.90

-3.32

-2.52

0.52

Xerox Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.84	-3.90	4.09	-3.22	-6.73

Xerox Holdings ROCE % Calculation

Xerox 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 )
	=	40	/	( ( (11543 - 3330)	+	(10008 - 2779) )	/ 2 )
	=	40	/	( (8213	+	7229)	/ 2 )
	=	40	/	7721
	=	0.52 %

Xerox Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-496	/	( ( (10008 - 2779)	+	(9944 - 2438) )	/ 2 )
	=	-496	/	( ( 7229	+	7506 )	/ 2 )
	=	-496	/	7367.5
	=	-6.73 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Xerox Holdings (LTS:0A6Y) 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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Xerox Holdings (LTS:0A6Y) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Xerox Holdings Corp (LTS:0A6Y) » Definitions » ROCE %

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Address

201 Merritt 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056

Website

https://www.xerox.com

Xerox Holdings Corp is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.

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