BellRing Brands (FRA:D51) ROCE % : 71.86% (As of Sep. 2024)

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What is BellRing Brands 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. BellRing Brands's annualized ROCE % for the quarter that ended in Sep. 2024 was 71.86%.

BellRing Brands ROCE % Historical Data

The historical data trend for BellRing Brands'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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BellRing Brands ROCE % Chart

BellRing Brands Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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31.63

35.22

41.52

50.01

64.81

BellRing Brands 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															57.44	52.79	63.68	75.50	71.86

BellRing Brands ROCE % Calculation

BellRing Brands's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	349.318	/	( ( (648.029 - 140.737)	+	(754.137 - 183.534) )	/ 2 )
	=	349.318	/	( (507.292	+	570.603)	/ 2 )
	=	349.318	/	538.9475
	=	64.81 %

BellRing Brands'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 )
	=	404.008	/	( ( (747.009 - 193.139)	+	(754.137 - 183.534) )	/ 2 )
	=	404.008	/	( ( 553.87	+	570.603 )	/ 2 )
	=	404.008	/	562.2365
	=	71.86 %

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

BellRing Brands (FRA:D51) 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.

BellRing Brands ROCE % Related Terms

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BellRing Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BellRing Brands Inc (FRA:D51) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BRBR:USA D51:Germany

Address

2503 S. Hanley Road, St. Louis, MO, USA, 63144

Website

https://www.bellring.com

BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders and nutrition bars. The company's products are distributed through a diverse network of channels including club, food, drug and mass, eCommerce, convenience and specialty.

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