ICL (ICL Group) ROCE % : 9.84% (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is ICL Group 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. ICL Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.84%.

ICL Group ROCE % Historical Data

The historical data trend for ICL Group'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.

ICL Group ROCE % Chart

ICL Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.35

1.95

15.04

40.22

12.51

ICL Group 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															11.64	0.98	10.11	10.54	9.84

ICL Group ROCE % Calculation

ICL Group'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 )
	=	1134	/	( ( (11750 - 2606)	+	(11627 - 2638) )	/ 2 )
	=	1134	/	( (9144	+	8989)	/ 2 )
	=	1134	/	9066.5
	=	12.51 %

ICL Group'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 )
	=	888	/	( ( (11205 - 2262)	+	(11558 - 2450) )	/ 2 )
	=	888	/	( ( 8943	+	9108 )	/ 2 )
	=	888	/	9025.5
	=	9.84 %

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

ICL Group (NYSE:ICL) 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.

ICL Group ROCE % Related Terms

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

ICL Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » ICL Group Ltd (NYSE:ICL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ICL:Israel

Address

23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, ISR, 61202

Website

https://www.icl-group.com

ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, electronic-grade specialty phosphoric acids. Its geographical segments are Europe, Asia, North and South America, and the Rest of the world.