Equity Commonwealth (Equity Commonwealth) ROCE %

: -0.52% (As of Dec. 2023)

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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. Equity Commonwealth's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.52%.

Equity Commonwealth ROCE % Historical Data

The historical data trend for Equity Commonwealth'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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Equity Commonwealth Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

14.95

13.91

-0.73

-0.31

-0.82

Equity Commonwealth Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																-0.42	-0.70	-1.80	-0.51	-0.52

Equity Commonwealth ROCE % Calculation

Equity Commonwealth'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 )
	=	-21.356	/	( ( (2854.885 - 31.153)	+	(2425.041 - 34.928) )	/ 2 )
	=	-21.356	/	( (2823.732	+	2390.113)	/ 2 )
	=	-21.356	/	2606.9225
	=	-0.82 %

Equity Commonwealth'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 )
	=	-12.336	/	( ( (2393.786 - 31.55)	+	(2425.041 - 34.928) )	/ 2 )
	=	-12.336	/	( ( 2362.236	+	2390.113 )	/ 2 )
	=	-12.336	/	2376.1745
	=	-0.52 %

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

Equity Commonwealth (NYSE:EQC) 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.

Equity Commonwealth ROCE % Related Terms

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Equity Commonwealth (Equity Commonwealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Commonwealth (NYSE:EQC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EQCpD.PFD:USA

Address

Two North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606

Website

https://www.eqcre.com

Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of primarily office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's major urban markets, notably Washington, Austin, and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices. The company's largest tenants in terms of revenue generation include a variety of hiking, household goods, publishing, and financial firms.

Executives

Orrin S Shifrin	officer: EVP, Gen. Counsel & Secretary	CWH MANAGEMENT LLC, 2 N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Andrew Levy	officer: SVP & Chief Accounting Officer	C/O EQUITY COMMONWEALTH, TWO NORTH RIVERSIDE PLAZA, SUITE 2100, CHICAGO IL 60606
William H Griffiths	officer: SVP, CFO & Treasurer	C/O EQUITY COMMONWEALTH, TWO NORTH RIVERSIDE PLAZA, SUITE 2100, CHICAGO IL 60606
Ellen-blair Chube	director	150 N. RIVERSIDE PLAZA, CHICAGO IL 60606
Gerald A Spector	director	C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Adam Scott Markman	officer: EVP, CFO & Treasurer	TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Lozier James Lloyd Jr	director	4616 DORSET RD, DALLAS TX 75229
David Helfand	director, officer: President & CEO	C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA #800, CHICAGO IL 60606
Jeffrey Douglas Brown	officer: SVP & Chief Accounting Officer	3726 AVALON TRAIL, LEBANON OH 45036
David S Weinberg	officer: EVP & Chief Operating Officer	CWH MANAGEMENT LLC, TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Samuel Zell	director, other: Chairman of the Board	TWO N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Peter Linneman	director	1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
James A Star	director
James Scott Corl	director	C/O COHEN & STEERS, INC, 280 PARK AVENUE, NEW YORK NY 10017
Martin L Edelman	director	C/O PAUL HASTINGS JANOFSKY & WALKER LLP, 75 EAST 55TH STREET, NEW YORK NY 10022