Dell Technologies (BSP:D1EL34) ROCE %

: 19.27% (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

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. Dell Technologies's annualized ROCE % for the quarter that ended in Jan. 2024 was 19.27%.

Dell Technologies ROCE % Historical Data

The historical data trend for Dell Technologies'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.

* Premium members only.

Dell Technologies Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

3.61

7.29

14.39

11.57

14.63

Dell Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %																14.66	11.61	11.57	18.42	19.27

Dell Technologies ROCE % Calculation

Dell Technologies's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	26499.262	/	( ( (465278.234 - 268197.899)	+	(403730.12 - 238503.191) )	/ 2 )
	=	26499.262	/	( (197080.335	+	165226.929)	/ 2 )
	=	26499.262	/	181153.632
	=	14.63 %

Dell Technologies's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	32676.52	/	( ( (420974.458 - 247117.224)	+	(403730.12 - 238503.191) )	/ 2 )
	=	32676.52	/	( ( 173857.234	+	165226.929 )	/ 2 )
	=	32676.52	/	169542.0815
	=	19.27 %

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

Dell Technologies (BSP:D1EL34) 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.

Dell Technologies ROCE % Related Terms

Thank you for viewing the detailed overview of Dell Technologies's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dell Technologies (BSP:D1EL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Dell Technologies Inc (BSP:D1EL34) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DELL:USA DELLC:Mexico 12DA:Germany 12DA:Germany 12DA:Germany 12DA:Germany DELL:Austria

Address

One Dell Way, Round Rock, TX, USA, 78682

Website

https://www.delltechnologies.com

Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium personal computers and enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell is vertically-integrated but has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.

Dell Technologies (BSP:D1EL34) Headlines

No Headlines