AFLYY (Air France-KLM) ROCE % : 1.49% (As of Dec. 2024)

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What is Air France-KLM 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. Air France-KLM's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.49%.

Air France-KLM ROCE % Historical Data

The historical data trend for Air France-KLM'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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Air France-KLM ROCE % Chart

Air France-KLM Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-36.53

-14.92

5.29

9.53

6.24

Air France-KLM Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-1.92	-9.49	9.07	29.04	1.49

Air France-KLM ROCE % Calculation

Air France-KLM's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1280.628	/	( ( (37611.778 - 17392.585)	+	(37858.639 - 17037.696) )	/ 2 )
	=	1280.628	/	( (20219.193	+	20820.943)	/ 2 )
	=	1280.628	/	20520.068
	=	6.24 %

Air France-KLM's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	309.948	/	( ( (38732.519 - 17913.43)	+	(37858.639 - 17037.696) )	/ 2 )
	=	309.948	/	( ( 20819.089	+	20820.943 )	/ 2 )
	=	309.948	/	20820.016
	=	1.49 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Air France-KLM (OTCPK:AFLYY) 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.

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Air France-KLM Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air France-KLM (OTCPK:AFLYY) » Definitions » ROCE %

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Traded in Other Exchanges

AFRAF:USA 1AF:Italy AFp:UK 0LN7:UK AF:France AFR0:Germany AFR0:Bulgaria AFK:Austria

Address

7 Rue du Cirque, Paris, FRA, 75008

Website

https://www.airfranceklm.com

Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue that includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.