Orion Office REIT (STU:OY9) ROCE % : -5.74% (As of Mar. 2024)

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What is Orion Office REIT 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. Orion Office REIT's annualized ROCE % for the quarter that ended in Mar. 2024 was -5.74%.

Orion Office REIT ROCE % Historical Data

The historical data trend for Orion Office REIT'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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Orion Office REIT ROCE % Chart

Orion Office REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.15

0.17

-5.27

-5.54

-2.03

Orion Office REIT Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													-0.46	-2.47	-2.76	-2.57	-5.74

Orion Office REIT ROCE % Calculation

Orion Office REIT'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 )
	=	-24.93	/	( ( (1483.093 - 194.124)	+	(1305.747 - 139.436) )	/ 2 )
	=	-24.93	/	( (1288.969	+	1166.311)	/ 2 )
	=	-24.93	/	1227.64
	=	-2.03 %

Orion Office REIT'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 )
	=	-66.252	/	( ( (1305.747 - 139.436)	+	(1274.677 - 133.693) )	/ 2 )
	=	-66.252	/	( ( 1166.311	+	1140.984 )	/ 2 )
	=	-66.252	/	1153.6475
	=	-5.74 %

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

Orion Office REIT (STU:OY9) 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.

Orion Office REIT ROCE % Related Terms

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Orion Office REIT (STU:OY9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orion Office REIT Inc (STU:OY9) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ONL:USA OY9:Germany

Address

2398 East Camelback Road, Suite 1060, Phoenix, AZ, USA, 85016

Website

https://www.onlreit.com

Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased on a single-tenant net lease basis to creditworthy clients. The Company operates in one business segment: direct ownership and operation of commercial real estate.

Orion Office REIT (STU:OY9) Headlines

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