GE Aerospace (BUE:GE) ROCE % : 11.45% (As of Dec. 2024)

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What is GE Aerospace 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. GE Aerospace's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.45%.

GE Aerospace ROCE % Historical Data

The historical data trend for GE Aerospace'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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GE Aerospace ROCE % Chart

GE Aerospace Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.61

-2.52

2.51

11.14

12.36

GE Aerospace 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															6.29	9.89	6.90	9.65	11.45

GE Aerospace ROCE % Calculation

GE Aerospace'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 )
	=	8692060.087	/	( ( (62561300.056 - 11588822.01)	+	(124371401.244 - 34735920.347) )	/ 2 )
	=	8692060.087	/	( (50972478.046	+	89635480.897)	/ 2 )
	=	8692060.087	/	70303979.4715
	=	12.36 %

GE Aerospace'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 )
	=	10168680.1	/	( ( (120426443.707 - 32405395.076)	+	(124371401.244 - 34735920.347) )	/ 2 )
	=	10168680.1	/	( ( 88021048.631	+	89635480.897 )	/ 2 )
	=	10168680.1	/	88828264.764
	=	11.45 %

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

GE Aerospace (BUE:GE) 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.

GE Aerospace ROCE % Related Terms

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GE Aerospace Business Description

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Address

One Financial Center, Suite 3700, Boston, MA, USA, 02111

Website

https://www.geaerospace.com

GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000 until GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.