Omega Healthcare Investors (LTS:0KBL) ROCE % : 5.41% (As of Dec. 2023)

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What is Omega Healthcare Investors 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. Omega Healthcare Investors's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.41%.

Omega Healthcare Investors ROCE % Historical Data

The historical data trend for Omega Healthcare Investors'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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Omega Healthcare Investors ROCE % Chart

Omega Healthcare Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.36

4.18

7.04

7.26

5.49

Omega Healthcare Investors 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															4.67	4.14	5.36	6.84	5.41

Omega Healthcare Investors ROCE % Calculation

Omega Healthcare Investors'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 )
	=	491.162	/	( ( (9405.163 - 334.293)	+	(9117.402 - 308.192) )	/ 2 )
	=	491.162	/	( (9070.87	+	8809.21)	/ 2 )
	=	491.162	/	8940.04
	=	5.49 %

Omega Healthcare Investors'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 )
	=	485.004	/	( ( (9425.313 - 296.241)	+	(9117.402 - 308.192) )	/ 2 )
	=	485.004	/	( ( 9129.072	+	8809.21 )	/ 2 )
	=	485.004	/	8969.141
	=	5.41 %

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

Omega Healthcare Investors (LTS:0KBL) 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.

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Omega Healthcare Investors (LTS:0KBL) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Omega Healthcare Investors Inc (LTS:0KBL) » Definitions » ROCE %

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OHI:USA WX4:Germany

Address

303 International Circle, Suite 200, Hunt Valley, MD, USA, 21030

Website

https://www.omegahealthcare.com

Omega Healthcare Investors Inc is a healthcare facility real estate investment trust that invests in the United States real estate markets. Omega's portfolio focuses on long-term healthcare facilities. The company maintains dual goals of increasing its returns to investors while also maintaining a high level of care for residents. Omega works to obtain contractual rent escalations under long-term leases, along with fixed-rate mortgage loans. The company considers merger and acquisition investment as a component of its operational growth strategy.

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