Tripadvisor (LTS:0QZS) ROCE % : 8.86% (As of Dec. 2023)

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What is Tripadvisor 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. Tripadvisor's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.86%.

Tripadvisor ROCE % Historical Data

The historical data trend for Tripadvisor'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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Tripadvisor ROCE % Chart

Tripadvisor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.10

-20.39

-7.65

5.59

8.45

Tripadvisor 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															-0.99	-0.81	11.58	15.80	8.86

Tripadvisor ROCE % Calculation

Tripadvisor'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 )
	=	169	/	( ( (2569 - 533)	+	(2537 - 572) )	/ 2 )
	=	169	/	( (2036	+	1965)	/ 2 )
	=	169	/	2000.5
	=	8.45 %

Tripadvisor'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 )
	=	172	/	( ( (2636 - 719)	+	(2537 - 572) )	/ 2 )
	=	172	/	( ( 1917	+	1965 )	/ 2 )
	=	172	/	1941
	=	8.86 %

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

Tripadvisor (LTS:0QZS) 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.

Tripadvisor ROCE % Related Terms

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Tripadvisor (LTS:0QZS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tripadvisor Inc (LTS:0QZS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TRIP:USA TRIP:Mexico TRIP:Italy T6A:Germany T1RI34:Brazil TRIP:Austria TRIP:Argentina

Address

400 1st Avenue, Needham, MA, USA, 02494

Website

https://www.tripadvisor.com

Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2022, 65% of revenue came from the company's core segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 33% of sales in 2022, and TheFork, its dining brand, represented 8% of revenue (about 6% of sales were intersegment, which are eliminated from consolidated revenue).

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