Koppers Holdings (FRA:KO9) ROCE % : 9.08% (As of Mar. 2024)

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What is Koppers Holdings 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. Koppers Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.08%.

Koppers Holdings ROCE % Historical Data

The historical data trend for Koppers Holdings'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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Koppers Holdings ROCE % Chart

Koppers Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.35

11.80

12.36

10.47

13.32

Koppers Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															13.88	14.45	14.29	9.84	9.08

Koppers Holdings ROCE % Calculation

Koppers Holdings'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 )
	=	179.365	/	( ( (1615.562 - 305.856)	+	(1683.153 - 298.85) )	/ 2 )
	=	179.365	/	( (1309.706	+	1384.303)	/ 2 )
	=	179.365	/	1347.0045
	=	13.32 %

Koppers Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	126.96	/	( ( (1683.153 - 298.85)	+	(1697.676 - 284.188) )	/ 2 )
	=	126.96	/	( ( 1384.303	+	1413.488 )	/ 2 )
	=	126.96	/	1398.8955
	=	9.08 %

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

Koppers Holdings (FRA:KO9) 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.

Koppers Holdings ROCE % Related Terms

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Koppers Holdings (FRA:KO9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Koppers Holdings Inc (FRA:KO9) » Definitions » ROCE %

Comparable Companies

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KOP:USA

Address

436 Seventh Avenue, Pittsburgh, PA, USA, 15219

Website

https://www.koppers.com

Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. Most revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.

Koppers Holdings (FRA:KO9) Headlines

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