Fraport AG (CHIX:FRAD) ROCE % : 10.20% (As of Sep. 2024)

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What is Fraport AG 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. Fraport AG's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.20%.

Fraport AG ROCE % Historical Data

The historical data trend for Fraport AG'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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Fraport AG ROCE % Chart

Fraport AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.42

-6.33

2.85

3.63

5.50

Fraport AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															10.82	4.23	2.57	6.55	10.20

Fraport AG ROCE % Calculation

Fraport AG'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 )
	=	871.8	/	( ( (17607.6 - 2243.1)	+	(18890.9 - 2580.3) )	/ 2 )
	=	871.8	/	( (15364.5	+	16310.6)	/ 2 )
	=	871.8	/	15837.55
	=	5.50 %

Fraport AG's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1778.8	/	( ( (19379.1 - 1911.2)	+	(19760.7 - 2340.7) )	/ 2 )
	=	1778.8	/	( ( 17467.9	+	17420 )	/ 2 )
	=	1778.8	/	17443.95
	=	10.20 %

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

Fraport AG (CHIX:FRAd) 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.

Fraport AG ROCE % Related Terms

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Fraport AG Business Description

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FPRUY:USA FPRUF:USA 0O1R:UK FRA:Germany FRA:Austria

Address

Frankfurt Airport Services Worldwide, Frankfurt am Main, HE, DEU, 60547

Website

https://www.fraport.com

Fraport AG is a German airport operator. The company derives the majority of income domestically, principally through the operation of the Frankfurt airport. Fraport is organized into four segments: aviation, retail and real estate, ground handling, and International activities and services. Aviation includes terminal management, corporate safety, and airport security management. The retail and real estate segment involves retailing, parking lot operations, and renting areas at its airport sites. The ground handling segment provides ground infrastructure services to Fraport's airports. The International activities and services segment contributor to revenue, includes IT and telecommunication services, and facility and infrastructure management.

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