Brookfield Business Partners LP (Brookfield Business Partners LP) ROCE % : 5.07% (As of Dec. 2023)

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What is Brookfield Business Partners LP 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. Brookfield Business Partners LP's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.07%.

Brookfield Business Partners LP ROCE % Historical Data

The historical data trend for Brookfield Business Partners LP'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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Brookfield Business Partners LP ROCE % Chart

Brookfield Business Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.01

4.89

5.22

4.74

4.99

Brookfield Business Partners LP 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															5.39	4.86	4.21	5.54	5.07

Brookfield Business Partners LP ROCE % Calculation

Brookfield Business Partners LP'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 )
	=	3509	/	( ( (89250 - 16677)	+	(82385 - 14355) )	/ 2 )
	=	3509	/	( (72573	+	68030)	/ 2 )
	=	3509	/	70301.5
	=	4.99 %

Brookfield Business Partners LP'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 )
	=	3440	/	( ( (88322 - 20598)	+	(82385 - 14355) )	/ 2 )
	=	3440	/	( ( 67724	+	68030 )	/ 2 )
	=	3440	/	67877
	=	5.07 %

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

Brookfield Business Partners LP (NYSE:BBU) 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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Brookfield Business Partners LP (Brookfield Business Partners LP) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Brookfield Business Partners LP (NYSE:BBU) » Definitions » ROCE %

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BBU.UN:Canada

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM 12

Website

https://www.bbu.brookfield.com

Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company's operating segment includes Business services; Infrastructure services; Industrials and Corporate and others. It generates maximum revenue from the Business Services segment. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in the United States of America; Europe; Australia; Canada; Brazil; Mexico and Other Countries.