ASPN (Aspen Aerogels) ROCE % : 8.04% (As of Dec. 2024)

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What is Aspen Aerogels 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. Aspen Aerogels's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.04%.

Aspen Aerogels ROCE % Historical Data

The historical data trend for Aspen Aerogels'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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Aspen Aerogels ROCE % Chart

Aspen Aerogels Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-27.55

-32.07

-21.84

-6.81

3.84

Aspen Aerogels 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															1.63	1.55	12.76	-6.01	8.04

Aspen Aerogels ROCE % Calculation

Aspen Aerogels'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 )
	=	27.048	/	( ( (703.048 - 78.095)	+	(895.144 - 110.112) )	/ 2 )
	=	27.048	/	( (624.953	+	785.032)	/ 2 )
	=	27.048	/	704.9925
	=	3.84 %

Aspen Aerogels'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 )
	=	58.852	/	( ( (782.587 - 104.3)	+	(895.144 - 110.112) )	/ 2 )
	=	58.852	/	( ( 678.287	+	785.032 )	/ 2 )
	=	58.852	/	731.6595
	=	8.04 %

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

Aspen Aerogels (NYSE:ASPN) 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.

Aspen Aerogels ROCE % Related Terms

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Aspen Aerogels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aspen Aerogels Inc (NYSE:ASPN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

30 Forbes Road, Building B, Northborough, MA, USA, 01532

Website

https://www.aerogel.com

Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Energy Industrial segment and the United States market. Some of its products include Pyrogel XTE; Cryogel Z; Spaceloft Subsea; and others.

Executives

Donald R Young	director, officer: President and CEO	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Ricardo C. Rodriguez	officer: SVP, CFO & Treasurer	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Kathleen Kool	director	8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Wood River Capital, Llc	10 percent owner	4111 E. 37TH STREET N, WICHITA KS 67220
Keith L Schilling	officer: Sr. Vice President, Technology	24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Gregg Landes	officer: VP, Innovation & Strategic Dev	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Whitaker Corby C	officer: SVP, Sales and Marketing	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Santhosh P Daniel	officer: Chief Accounting Officer	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Steven R Mitchell	director	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Stephanie Pittman	officer: Chief Human Resources Officer	C/O ASPEN AEROGELS, INC., 30 FORBES RD., BUILDING B, NORTHBOROUGH MA 01532
Mark L Noetzel	director	1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
James E Sweetnam	director	DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Virginia Johnson	officer: CLO, GC and Secretary	30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Koch Industries Inc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Robert M. Gervis	director	1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328