Veralto (FRA:RZ2) ROCE % : 24.81% (As of Mar. 2024)

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What is Veralto 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. Veralto's annualized ROCE % for the quarter that ended in Mar. 2024 was 24.81%.

Veralto ROCE % Historical Data

The historical data trend for Veralto'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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Veralto ROCE % Chart

Veralto Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

28.15

30.97

27.33

Veralto Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					31.22	25.56	26.80	26.47	24.81

Veralto ROCE % Calculation

Veralto'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 )
	=	1032.542	/	( ( (4554.8 - 1060.112)	+	(5220.481 - 1160.005) )	/ 2 )
	=	1032.542	/	( (3494.688	+	4060.476)	/ 2 )
	=	1032.542	/	3777.582
	=	27.33 %

Veralto'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 )
	=	1023.04	/	( ( (5220.481 - 1160.005)	+	(5251.36 - 1063.52) )	/ 2 )
	=	1023.04	/	( ( 4060.476	+	4187.84 )	/ 2 )
	=	1023.04	/	4124.158
	=	24.81 %

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

Veralto (FRA:RZ2) 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.

Veralto ROCE % Related Terms

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Veralto (FRA:RZ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veralto Corp (FRA:RZ2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VLTO:USA VLTO:Mexico

Address

c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037

Website

http://www.veralto.com

Veralto Corp is company which is a global provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment they improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment they promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.

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