ELSPRCCL.PFD (Equity Lifestyle Properties) ROCE % : 9.49% (As of Sep. 2024)

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What is Equity Lifestyle Properties 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. Equity Lifestyle Properties's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.49%.

Equity Lifestyle Properties ROCE % Historical Data

The historical data trend for Equity Lifestyle Properties'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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Equity Lifestyle Properties ROCE % Chart

Equity Lifestyle Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.59

9.09

9.33

9.04

9.26

Equity Lifestyle Properties 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															9.32	9.50	11.89	9.44	9.49

Equity Lifestyle Properties ROCE % Calculation

Equity Lifestyle Properties'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 )
	=	448.818	/	( ( (5492.519 - 785.05)	+	(5613.733 - 627.505) )	/ 2 )
	=	448.818	/	( (4707.469	+	4986.228)	/ 2 )
	=	448.818	/	4846.8485
	=	9.26 %

Equity Lifestyle Properties'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 )
	=	469.944	/	( ( (5645.475 - 677.731)	+	(5644.119 - 706.708) )	/ 2 )
	=	469.944	/	( ( 4967.744	+	4937.411 )	/ 2 )
	=	469.944	/	4952.5775
	=	9.49 %

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

Equity Lifestyle Properties (NYSE:ELSPRCCL.PFD) 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.

Equity Lifestyle Properties ROCE % Related Terms

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Equity Lifestyle Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Lifestyle Properties Inc (NYSE:ELSPRCCL.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ELS:USA MHV:Germany

Address

Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606

Website

https://www.equitylifestyleproperties.com

Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 452 properties across the U.S. with a higher concentration in the Sunbelt region with 38% of the company's properties located in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.