Curtiss-Wright (Curtiss-Wright) ROCE % : 11.58% (As of Mar. 2024)

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What is Curtiss-Wright 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. Curtiss-Wright's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.58%.

Curtiss-Wright ROCE % Historical Data

The historical data trend for Curtiss-Wright'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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Curtiss-Wright ROCE % Chart

Curtiss-Wright Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.31

9.58

11.83

12.76

14.13

Curtiss-Wright 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															9.66	13.03	15.17	18.01	11.58

Curtiss-Wright ROCE % Calculation

Curtiss-Wright'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 )
	=	514.463	/	( ( (4448.303 - 981.045)	+	(4620.969 - 806.544) )	/ 2 )
	=	514.463	/	( (3467.258	+	3814.425)	/ 2 )
	=	514.463	/	3640.8415
	=	14.13 %

Curtiss-Wright'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 )
	=	438.276	/	( ( (4620.969 - 806.544)	+	(4612.082 - 858.275) )	/ 2 )
	=	438.276	/	( ( 3814.425	+	3753.807 )	/ 2 )
	=	438.276	/	3784.116
	=	11.58 %

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

Curtiss-Wright (NYSE:CW) 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.

Curtiss-Wright ROCE % Related Terms

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Curtiss-Wright (Curtiss-Wright) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Curtiss-Wright Corp (NYSE:CW) » Definitions » ROCE %

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Traded in Other Exchanges

CWT:Germany

Address

130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036

Website

https://www.curtisswright.com

Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.

Executives

K Christopher Farkas	officer: Corporate Controller	C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
John C Watts	officer: Vice President Bus Dev & Strat	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Lynn J Bamford	director, officer: President and CEO	130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Robert J Freda	officer: Vice President and Treasurer	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Paul J Ferdenzi	officer: Vice President - HR	10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
David Charles Adams	officer: Vice President	C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Gary A Ogilby	officer: VP & Corporate Controller	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Larry D Wyche	director	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
William F Moran	director	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Kevin Rayment	officer: Vice President and COO	C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Anthony J Moraco	director	1710 SAIC DRIVE, MCLEAN VA 22102
Tom P Quinly	officer: Vice President	C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Harry Jakubowitz	officer: Treasurer	C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
John B Nathman	director	C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Glenda J Minor	director	17000 ROTUNDA DRIVE, DEARBORN MI 48120