Crawford (Crawford) ROCE %

: 2.88% (As of Dec. 2023)

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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. Crawford's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.88%.

Crawford ROCE % Historical Data

The historical data trend for Crawford'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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Crawford Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

7.03

11.59

9.60

3.02

13.27

Crawford Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																16.44	15.88	13.95	18.15	2.88

Crawford ROCE % Calculation

Crawford'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 )
	=	67.166	/	( ( (791.507 - 279.487)	+	(799.199 - 299.292) )	/ 2 )
	=	67.166	/	( (512.02	+	499.907)	/ 2 )
	=	67.166	/	505.9635
	=	13.27 %

Crawford'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 )
	=	14.9	/	( ( (827.191 - 290.681)	+	(799.199 - 299.292) )	/ 2 )
	=	14.9	/	( ( 536.51	+	499.907 )	/ 2 )
	=	14.9	/	518.2085
	=	2.88 %

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

Crawford (NYSE:CRD.B) 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.

Crawford ROCE % Related Terms

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Crawford (Crawford) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Crawford & Co (NYSE:CRD.B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CRD.A:USA CWK0:Germany

Address

5335 Triangle Parkway, Peachtree Corners, GA, USA, 30092

Website

https://www.crawco.com

Crawford & Co provides claims and outsourcing solutions to the risk management, insurance industry, and self-insured entities. Its segments include North America Loss Adjusting; International Operations; Broadspire and Platform Solutions. The company generates maximum revenue from the International Operations segment. International Operations segment provides services to the North American property and casualty market and provides claims management services to insurance carriers and self-insured entities related to property and casualty losses.