Option Care Health (FRA:MM6A) ROCE % : 10.79% (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Option Care Health 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. Option Care Health's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.79%.

Option Care Health ROCE % Historical Data

The historical data trend for Option Care Health'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.

* Premium members only.

Option Care Health ROCE % Chart

Option Care Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-0.33

4.37

8.37

10.97

15.70

Option Care Health 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															10.70	25.98	12.52	13.85	10.79

Option Care Health ROCE % Calculation

Option Care Health'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 )
	=	375.961	/	( ( (2938.612 - 533.691)	+	(2950.021 - 566.989) )	/ 2 )
	=	375.961	/	( (2404.921	+	2383.032)	/ 2 )
	=	375.961	/	2393.9765
	=	15.70 %

Option Care Health'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 )
	=	258.176	/	( ( (2950.021 - 566.989)	+	(2989.597 - 585.996) )	/ 2 )
	=	258.176	/	( ( 2383.032	+	2403.601 )	/ 2 )
	=	258.176	/	2393.3165
	=	10.79 %

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

Option Care Health (FRA:MM6A) 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.

Option Care Health ROCE % Related Terms

Thank you for viewing the detailed overview of Option Care Health's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Option Care Health (FRA:MM6A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Option Care Health Inc (FRA:MM6A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OPCH:USA

Address

3000 Lakeside Drive, Suite 300N, Bannockburn, IL, USA, 60015

Website

https://www.optioncarehealth.com

Option Care Health Inc is the provider of home and alternate-site infusion services. It provides treatment for bleeding disorders, neurological disorders, heart failure, anti-infectives, and chronic inflammatory disorders among others.

Option Care Health (FRA:MM6A) Headlines

No Headlines