Grocery Outlet Holding (Grocery Outlet Holding) ROCE % : 3.32% (As of Dec. 2023)

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

What is Grocery Outlet Holding 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. Grocery Outlet Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.32%.

Grocery Outlet Holding ROCE % Historical Data

The historical data trend for Grocery Outlet Holding'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.

Grocery Outlet Holding ROCE % Chart

Grocery Outlet Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.88

5.04

3.92

3.85

5.00

Grocery Outlet Holding 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															4.01	4.63	6.06	6.23	3.32

Grocery Outlet Holding ROCE % Calculation

Grocery Outlet Holding'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 )
	=	126.989	/	( ( (2772.404 - 280.514)	+	(2969.586 - 383.965) )	/ 2 )
	=	126.989	/	( (2491.89	+	2585.621)	/ 2 )
	=	126.989	/	2538.7555
	=	5.00 %

Grocery Outlet Holding'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 )
	=	85.188	/	( ( (2929.459 - 383.713)	+	(2969.586 - 383.965) )	/ 2 )
	=	85.188	/	( ( 2545.746	+	2585.621 )	/ 2 )
	=	85.188	/	2565.6835
	=	3.32 %

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

Grocery Outlet Holding (NAS:GO) 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.

Grocery Outlet Holding ROCE % Related Terms

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

Grocery Outlet Holding (Grocery Outlet Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Grocery Outlet Holding Corp (NAS:GO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5650 Hollis Street, Emeryville, CA, USA, 94608

Website

https://www.groceryoutlet.com

Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.

Executives

Thomas F Herman	director	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Lindberg Eric J. Jr.	director, officer: Chief Executive Officer	C/O GROCERY OUTLET HOLDING CORP., 56560 HOLLIS STREET, EMERYVILLE CA 94608
Pamela B. Burke	officer: CAO, GC & Secretary	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Charles Bracher	officer: Chief Financial Officer	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Erik D. Ragatz	director	ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Luke D Thompson	officer: SVP, GC and Secretary	C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
Calvin Chung	officer: See Remarks	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Sheedy Robert Joseph Jr.	officer: President	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Lindsay E. Gray	officer: VP Corporate Controller	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Steven K. Wilson	officer: SVP, Purchasing	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Andrea Renee Bortner	officer: Chief Human Resources Officer	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Jeffrey York	director	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Brian Mcandrews	officer: See Remarks	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608
Norman S Matthews	director	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Read S. Macgregor Jr.	director, officer: Vice Chairman	C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE CA 94608