Brookfield Asset Management (Brookfield Asset Management) ROCE %

: 16.37% (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. Brookfield Asset Management's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.37%.

Brookfield Asset Management ROCE % Historical Data

The historical data trend for Brookfield Asset Management'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.

Array ( [0] => - [1] => 24.71 [2] => 0.25 [3] => 23.40 )

Brookfield Asset Management Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

24.71

0.25

23.40

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %							-1,299.62	30.77	21.92	23.45	16.37

Brookfield Asset Management ROCE % Calculation

Brookfield Asset Management'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 )
	=	522	/	( ( (3161 - 784)	+	(3205 - 1120) )	/ 2 )
	=	522	/	( (2377	+	2085)	/ 2 )
	=	522	/	2231
	=	23.40 %

Brookfield Asset Management'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 )
	=	348	/	( ( (3170 - 1003)	+	(3205 - 1120) )	/ 2 )
	=	348	/	( ( 2167	+	2085 )	/ 2 )
	=	348	/	2126
	=	16.37 %

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

Brookfield Asset Management (NYSE:BAM) 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.

Brookfield Asset Management ROCE % Related Terms

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Brookfield Asset Management (Brookfield Asset Management) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

RW5:Germany RW5:Germany BAM:Canada

Address

181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3

Website

https://www.brookfield.com

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a leading global alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.