Airbus SE (MEX:AIR) ROCE % : 9.43% (As of Sep. 2024)

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What is Airbus SE 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. Airbus SE's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.43%.

Airbus SE ROCE % Historical Data

The historical data trend for Airbus SE'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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Airbus SE ROCE % Chart

Airbus SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.63

-1.31

8.78

8.45

8.14

Airbus SE 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															7.13	12.65	6.35	4.68	9.43

Airbus SE ROCE % Calculation

Airbus SE'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 )
	=	102271.232	/	( ( (2394538.373 - 1086220.466)	+	(2200377.136 - 994946.379) )	/ 2 )
	=	102271.232	/	( (1308317.907	+	1205430.757)	/ 2 )
	=	102271.232	/	1256874.332
	=	8.14 %

Airbus SE'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 )
	=	127801.192	/	( ( (2426378.335 - 1165623.948)	+	(2711142.328 - 1260244.761) )	/ 2 )
	=	127801.192	/	( ( 1260754.387	+	1450897.567 )	/ 2 )
	=	127801.192	/	1355825.977
	=	9.43 %

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

Airbus SE (MEX:AIR) 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.

Airbus SE ROCE % Related Terms

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Airbus SE Business Description

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Address

P.O. Box 32008, Leiden, ZH, NLD, 2303 DA

Website

https://www.airbus.com

Airbus is a global aerospace and defense firm that designs, develops, and manufactures commercial and military aircraft, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers aircraft ranging from narrow-body (120-200 seats) A220 and A320 series to much larger A330 and A350 wide body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and fighter aircraft (Eurofighter). The helicopter division manufactures turbine helicopters for the civil and public markets.