Envestnet (Envestnet) ROCE % : -43.84% (As of Dec. 2023)

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What is Envestnet 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. Envestnet's annualized ROCE % for the quarter that ended in Dec. 2023 was -43.84%.

Envestnet ROCE % Historical Data

The historical data trend for Envestnet'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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Envestnet ROCE % Chart

Envestnet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.56

1.10

1.87

-3.36

-12.41

Envestnet Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-5.54	-2.50	-3.50	0.14	-43.84

Envestnet ROCE % Calculation

Envestnet'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 )
	=	-209.114	/	( ( (2112.165 - 327.064)	+	(1877.252 - 292.534) )	/ 2 )
	=	-209.114	/	( (1785.101	+	1584.718)	/ 2 )
	=	-209.114	/	1684.9095
	=	-12.41 %

Envestnet's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-733.384	/	( ( (2030.889 - 270.245)	+	(1877.252 - 292.534) )	/ 2 )
	=	-733.384	/	( ( 1760.644	+	1584.718 )	/ 2 )
	=	-733.384	/	1672.681
	=	-43.84 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Envestnet (NYSE:ENV) 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.

Envestnet ROCE % Related Terms

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Envestnet (Envestnet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Envestnet Inc (NYSE:ENV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

30E:Germany 30E:Germany

Address

1000 Chesterbrook Boulevard, Suite 250, Berwyn, Pennsylvania, IL, USA, 60601

Website

https://www.envestnet.com

Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.

Executives

Barry D. Cooper	officer: SVP, Head of Accounting Mgmt.	35 E. WACKER DRIVE, STE 2400, CHICAGO IL 60601
Barbara Turner	director	5320 STONY RUN COURT, LIBERTY TOWNSHIP OH 45011
William Crager	officer: President	489 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10017
Matthew Majoros	officer: Principal Accounting Officer	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Shelly O'brien	officer: General Counsel	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Wendy E Lane	director
Lauren Taylor Wolfe	director	3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Impactive Capital Llc	director	152 WEST 57TH, 17TH FLOOR, NEW YORK CITY NY 10019
Impactive Capital Lp	director	450 WEST 14 STREET, 12TH FLOOR, NEW YORK CITY NY 10014
Christian Asmar	director	152 WEST 57TH STREET, 17TH FLOOR, NEW YORK CITY NY 10019
Stuart Depina	officer: President*	11755 WILSHIRE BLVD., 20TH FLOOR, LOS ANGELES CA 90025
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Brandon Thomas	officer: Chief Investment Officer	35 E. WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Joshua Mayer	officer: Chief Operating Officer	35 EAST WACKER DRIVE, SUITE 2400, CHICAGO IL 60601
Scott D Grinis	officer: Chief Technology Officer	150 MATHILDA PLACE, SUITE 306, SUNNYVALE CA 94086