GAMCO Investors (GAMCO Investors) ROCE % : 49.84% (As of Jun. 2023)

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What is GAMCO Investors 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. GAMCO Investors's annualized ROCE % for the quarter that ended in Jun. 2023 was 49.84%.

GAMCO Investors ROCE % Historical Data

The historical data trend for GAMCO Investors'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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GAMCO Investors ROCE % Chart

GAMCO Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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181.05

85.67

79.58

57.14

47.78

GAMCO Investors Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															45.12	61.27	49.65	49.84	-

GAMCO Investors ROCE % Calculation

GAMCO Investors'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 )
	=	79.073	/	( ( (223.821 - 78.939)	+	(249.431 - 63.315) )	/ 2 )
	=	79.073	/	( (144.882	+	186.116)	/ 2 )
	=	79.073	/	165.499
	=	47.78 %

GAMCO Investors's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	80.264	/	( ( (226.142 - 71)	+	(241.045 - 74.11) )	/ 2 )
	=	80.264	/	( ( 155.142	+	166.935 )	/ 2 )
	=	80.264	/	161.0385
	=	49.84 %

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

GAMCO Investors (OTCPK:GAMI) 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.

GAMCO Investors ROCE % Related Terms

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GAMCO Investors (GAMCO Investors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Investors Inc (OTCPK:GAMI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

6JV:Germany

Address

191 Mason Street, Greenwich, CT, USA, 06830

Website

https://www.gabelli.com

GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based primarily on the company's levels of assets under management (AUM) and fees associated with our various investment products. Its AUM are organized into three groups; Open and Closed-End Funds; Institutional and Private Wealth Management; and SICAV.

Executives

Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Alexis Glick	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Kieran Caterina	officer: Acting Co-CFO	ONE CORPORATE CENTER, RYE NY 10580
Van Der Eb Henry	other: Senior Vice President	100 CORPORATE NORTH, SUITE 201, BANNOCKBURN IL 60015
Peter D. Goldstein	officer: General Counsel	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Mario J Gabelli	director, 10 percent owner, officer: Chairman of the Board and CEO	191 MASON STREET, GREENWICH CT 06830
Leslie B Daniels	director	540 MADISON, 22ND FLOOR, NEW YORK NY 10022
Elisa M. Wilson	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Raymond Avansino	director	C/O ONE CORPORTATE CENTER, RYE NY 10580
Frederick J. Mancheski Revocable Trust Indenture, Dated June 8, 1999, As Amended	10 percent owner	C/O COLLIER, HALPERN & NEWBERG, LLP, ONE NORTH LEXINGTON AVENUE, 15TH FLOOR, WHITE PLAINS NY 10601
Diane Lapointe	officer: Acting Co-CFO	ONE CORPORATE CENTER, RYE NY 10580
Ggcp Holdings Llc	10 percent owner	140 GREENWICH AVENUE, GREENWICH CT 06830
Gabelli Securities Inc	10 percent owner	ONE CORPORATE CENTER, RYE NY 10580
Kevin Handwerker	officer: Executive VP & General Counsel