Fortune Brands Innovations (Fortune Brands Innovations) ROCE %

: 9.82% (As of Dec. 2023) 中文

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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. Fortune Brands Innovations's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.82%.

Fortune Brands Innovations ROCE % Historical Data

The historical data trend for Fortune Brands Innovations'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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Fortune Brands Innovations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

14.31

10.70

13.54

14.92

12.76

Fortune Brands Innovations Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																13.82	12.09	12.89	15.45	9.82

Fortune Brands Innovations ROCE % Calculation

Fortune Brands Innovations'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 )
	=	634.4	/	( ( (6120.9 - 1544.7)	+	(6565 - 1200.4) )	/ 2 )
	=	634.4	/	( (4576.2	+	5364.6)	/ 2 )
	=	634.4	/	4970.4
	=	12.76 %

Fortune Brands Innovations'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 )
	=	530	/	( ( (6618.1 - 1192.1)	+	(6565 - 1200.4) )	/ 2 )
	=	530	/	( ( 5426	+	5364.6 )	/ 2 )
	=	530	/	5395.3
	=	9.82 %

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

Fortune Brands Innovations (NYSE:FBIN) 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.

Fortune Brands Innovations ROCE % Related Terms

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Fortune Brands Innovations (Fortune Brands Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fortune Brands Innovations Inc (NYSE:FBIN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

2FB:Germany 2FB:Germany

Address

520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611

Website

https://www.fbin.com

Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.

Executives

Ann F Hackett	director
Amee Chande	director	520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Stephanie L. Pugliese	director	170 COUNTRYSIDE DRIVE, BELLEVILLE WI 53508
David V. Barry	officer: EVP & CFO	FORTUNE BRANDS INNOVATIONS, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Lee John Dong Gu	officer: EVP Chief Strategy & Growth	520 LAKE COOK ROAD, DEERFIELD IL 60015
Ron Wilson	officer: EVP, Chief Supply Chain	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Hiranda S Donoghue	officer: EVP Chief Legal & Secretary	520 LAKE COOK ROAD, DEERFIELD IL 60015
Cheri M Phyfer	officer: EVP, Group President	520 LAKE COOK ROAD, DEERFIELD IL 60015
Sheri Grissom	officer: EVP, CHRO & Transformation	13000 WEST SILVER SPRING DRIVE, BUTLER WI 53007
Nicholas I. Fink	director, officer: Chief Executive Officer	510 LAKE COOK ROAD, DEERFIELD IL 60015
Patrick D Hallinan	officer: EVP & CFO	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Mackay A D David	director
Martin Thomas	officer: SVP Ops &Supply Chain Strategy	FORTUNE BRANDS HOME & SECURITY, INC., SUITE 300, DEERFIELD IL 60015
May Russell	officer: SVP & CDO	520 LAKE COOK ROAD, DEERFIELD IL 60015
Danny Luburic	officer: Vice President & Controller	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015