Market Cap : 3.84 B | Enterprise Value : 4.3 B | PE Ratio : 18.28 | PB Ratio : 4.29 |
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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. Comfort Systems USA's annualized ROCE % for the quarter that ended in Jun. 2022 was 15.48%.
The historical data trend for Comfort Systems USA'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.
Comfort Systems USA's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2021 ) | (A: Dec. 2020 ) | (A: Dec. 2021 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2021 ) | (A: Dec. 2020 ) | (A: Dec. 2021 ) | |||||
= | 195.253 | / | ( ( (1757.355 - 692.904) | + | (2209.114 - 836.554) ) | / 2 ) | |
= | 195.253 | / | ( (1064.451 | + | 1372.56) | / 2 ) | |
= | 195.253 | / | 1218.5055 | ||||
= | 16.02 % |
Comfort Systems USA's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Jun. 2022 ) | (Q: Mar. 2022 ) | (Q: Jun. 2022 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Jun. 2022 ) | (Q: Mar. 2022 ) | (Q: Jun. 2022 ) | |||||
= | 226.164 | / | ( ( (2308.413 - 857.199) | + | (2439.622 - 968.18) ) | / 2 ) | |
= | 226.164 | / | ( ( 1451.214 | + | 1471.442 ) | / 2 ) | |
= | 226.164 | / | 1461.328 | ||||
= | 15.48 % |
(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.
* 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.
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.
Thank you for viewing the detailed overview of Comfort Systems USA's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Reed Terrence | officer: SVP of People and Leadership | C/O COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057 |
Wallis-lage Cindy L. | director | C/O COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057 |
Young Terrence Andrew | officer: Senior Vice President Service | 675 BERING DRIVE SUITE 400 HOUSTON TX 77057 |
Howell Laura Finley | officer: VP, General Counsel, Secretary | 675 BERING DRIVE SUITE 400 HOUSTON TX 77057 |
Mercado, Pablo G. | director | 920 MEMORIAL CITY WAY, SUITE 800 HOUSTON TX 77024 |
Sandbrook William J | director | C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039 |
Giardenelli Alfred J Jr | director | |
Mylett James Matthew | officer: Senior Vice President | 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057 |
Tang Vance W | director | C/O KONE INC. 4225 NAPERVILLE ROAD, SUITE 400 LISLE IL 60532 |
Skidmore Constance Ellen | director | 675 BERING DRIVE SUITE 400 HOUSTON TX 77057 |
Schultz James H | director | COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057 |
Anderson Darcy | director | C/O PEROT SYSTEMS CORP 2300 WEST PLANO PKWY PLANO TX 75075 |
Krusi Alan | director | AECOM 555 SOUTH FLOWER ST. 37TH FLOOR LOS ANGELES CA 90071 |
Bulls Herman E | director | JONES LANG LASALLE 1801 K STREET NW SUITE 1000 WASHINGTON DC 20006 |
Wagner Robert D | director | COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057 |
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