United States Cellular (United States Cellular) ROCE % : 2.49% (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

What is United States Cellular 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. United States Cellular's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.49%.

United States Cellular ROCE % Historical Data

The historical data trend for United States Cellular'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.

United States Cellular ROCE % Chart

United States Cellular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.22

4.46

3.89

2.43

3.11

United States Cellular 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															0.48	2.88	3.01	4.08	2.49

United States Cellular ROCE % Calculation

United States Cellular'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 )
	=	307	/	( ( (11119 - 1195)	+	(10750 - 901) )	/ 2 )
	=	307	/	( (9924	+	9849)	/ 2 )
	=	307	/	9886.5
	=	3.11 %

United States Cellular'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 )
	=	244	/	( ( (10749 - 1031)	+	(10750 - 901) )	/ 2 )
	=	244	/	( ( 9718	+	9849 )	/ 2 )
	=	244	/	9783.5
	=	2.49 %

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

United States Cellular (NYSE:USM) 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.

United States Cellular ROCE % Related Terms

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

United States Cellular (United States Cellular) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » United States Cellular Corp (NYSE:USM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

US7:Germany

Address

8410 West Bryn Mawr, Chicago, IL, USA, 60631

Website

https://www.uscellular.com

U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.

Executives

Michael Irizarry	officer: EVP & CTO-Engineering and IS	8410 W BRYN MAWR, CHICAGO IL 60631
Kevin R Lowell	officer: EVP, Chief People Officer	8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Xavier Williams	director	C/O AMERICAN VIRTUAL CLOUD TECHNOLOGIES, 1720 PEACHTREE ST., SUITE 629, ATLANTA GA 30309
James W Butman	director	30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602
Gregory P Josefowicz	director	850 76TH STREET SW, GRAND RAPIDS MI 49518
Deirdre Drake	officer: SVP-Chief HR Officer	8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Esteban C Iriarte	director	8410 W. BRYN MAWR, CHICAGO IL 60631
Vicki L Villacrez	director	30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Ronald E Daly	director
J Samuel Crowley	director	8410 WEST BRYN MAWR ST STE 700, CHICAGO IL 60631
Jay Ellison	officer: EVP-Operations
Laurent C Therivel	director, officer: President and CEO	8410 W. BRYN MAWR STREET, CHICAGO IL 60631
Kenneth R Meyers	director, officer: President and CEO
Anita J Kroll	officer: Chief Accounting Officer	30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Steven T Campbell	director, officer: EVP-Finance, CFO and Treasurer	8410 W. BRYN MAWR, CHICAGO IL 60631