Upbound Group (Upbound Group) ROCE % : 11.20% (As of Mar. 2024)

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What is Upbound Group 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. Upbound Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.20%.

Upbound Group ROCE % Historical Data

The historical data trend for Upbound Group'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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Upbound Group ROCE % Chart

Upbound Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.16

19.13

13.76

6.13

7.25

Upbound Group 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															-6.01	15.20	10.86	10.15	11.20

Upbound Group ROCE % Calculation

Upbound Group'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 )
	=	166.285	/	( ( (2763.619 - 445.168)	+	(2721.43 - 452.247) )	/ 2 )
	=	166.285	/	( (2318.451	+	2269.183)	/ 2 )
	=	166.285	/	2293.817
	=	7.25 %

Upbound Group'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 )
	=	250.26	/	( ( (2721.43 - 452.247)	+	(2626.984 - 428.161) )	/ 2 )
	=	250.26	/	( ( 2269.183	+	2198.823 )	/ 2 )
	=	250.26	/	2234.003
	=	11.20 %

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

Upbound Group (NAS:UPBD) 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.

Upbound Group ROCE % Related Terms

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Upbound Group (Upbound Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Upbound Group Inc (NAS:UPBD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5501 Headquarters Drive, Plano, TX, USA, 75024

Website

https://www.upbound.com

Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.

Executives

Jeffrey J Brown	other: See Footnote 1	19900 MACARTHUR BLVD, SUITE 570, IRVINE CA 92612
Tyler Montrone	officer: EVP, Acima	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Anthony J Blasquez	officer: EVP, Operations	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Sudeep Gautam	officer: EVP, Chief Tech & Digital Off	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Fahmi Karam	officer: EVP, Chief Financial Officer	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Aaron R Allred	officer: EVP, Acima	3 DAWN HILL DR, SANDY UT 84092
Mitchell E Fadel	other: See Footnote 1	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Jen You	director	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Christopher B. Hetrick	other: See Footnote 1	610 NEWPORT CENTER DRIVE, SUITE 250, NEWPORT BEACH CA 92660
Transient C Taylor	officer: EVP, Human Resources	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Maureen B Short	officer: CFO	5501 HEADQUARTERS DR, PLANO TX 75024
Ann L Davids	officer: EVP, Chief Marketing Officer	5501 HEADQUARTERS DRIVE, PLANO TX 75024
Catherine M Skula	officer: EVP, Franchising	5501 HEADQUARTERS DR, C/O RENT-A-CENTER, INC., PLANO TX 75024
Brinson Caleb Silver	director	C/O RENT-A-CENTER, INC., 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Harold G Lewis	director	5501 HEADQUARTERS DRIVE, PLANO TX 75024