FTAI (FTAI Aviation) ROCE % : 17.69% (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is FTAI Aviation 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. FTAI Aviation's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.69%.

FTAI Aviation ROCE % Historical Data

The historical data trend for FTAI Aviation'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.

FTAI Aviation ROCE % Chart

FTAI Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.03

1.40

3.26

2.08

13.31

FTAI Aviation 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															13.71	14.08	12.62	-22.36	17.69

FTAI Aviation ROCE % Calculation

FTAI Aviation'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 )
	=	345.656	/	( ( (2429.577 - 86.452)	+	(2964.685 - 112.907) )	/ 2 )
	=	345.656	/	( (2343.125	+	2851.778)	/ 2 )
	=	345.656	/	2597.4515
	=	13.31 %

FTAI Aviation'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 )
	=	607	/	( ( (3449.252 - 128.708)	+	(3738.91 - 196.66) )	/ 2 )
	=	607	/	( ( 3320.544	+	3542.25 )	/ 2 )
	=	607	/	3431.397
	=	17.69 %

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

FTAI Aviation (NAS:FTAI) 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.

FTAI Aviation ROCE % Related Terms

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

FTAI Aviation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FTAI Aviation Ltd (NAS:FTAI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FTAIN.PFD:USA FTAIO.PFD:USA

Address

1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105

Website

https://www.ftaiaviation.com

FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.

Executives

Paul R Goodwin	director	CSX CORPORATION, 901 E. CARY STREET, RICHMOND VA 23219
Adams Joseph P. Jr.	director, officer: Chief Executive Officer	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson	director	1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Martin Tuchman	director	633 PROSPECT AVE, PRINCETON NJ 08540
Eun Nam	officer: Chief Accounting Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Washington State Investment Board	10 percent owner	2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Scott Christopher	officer: Chief Accounting Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
A Andrew Levison	director	124 WEST PUTNAM AVE, GREENWICH CT 06830
Judith A Hannaway	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jonathan Atkeson	officer: CFO and COO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Wesley R Edens	director, 10 percent owner	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Gp Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Investors Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105