ROCK (Gibraltar Industries) ROCE % : 15.93% (As of Sep. 2024)

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What is Gibraltar Industries 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. Gibraltar Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.93%.

Gibraltar Industries ROCE % Historical Data

The historical data trend for Gibraltar Industries'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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Gibraltar Industries ROCE % Chart

Gibraltar Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.29

13.02

11.01

12.02

15.00

Gibraltar Industries 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															22.16	10.51	12.16	15.82	15.93

Gibraltar Industries ROCE % Calculation

Gibraltar Industries'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 )
	=	151.994	/	( ( (1210.613 - 215.32)	+	(1256.451 - 225.578) )	/ 2 )
	=	151.994	/	( (995.293	+	1030.873)	/ 2 )
	=	151.994	/	1013.083
	=	15.00 %

Gibraltar Industries'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 )
	=	175.992	/	( ( (1376.941 - 285.485)	+	(1424.59 - 306.593) )	/ 2 )
	=	175.992	/	( ( 1091.456	+	1117.997 )	/ 2 )
	=	175.992	/	1104.7265
	=	15.93 %

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

Gibraltar Industries (NAS:ROCK) 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.

Gibraltar Industries ROCE % Related Terms

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Gibraltar Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gibraltar Industries Inc (NAS:ROCK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3556 Lake Shore Road, P.O. Box 2028, Buffalo, NY, USA, 14219-0228

Website

https://www.gibraltar1.com

Gibraltar Industries Inc manufactures and provides products and services for the Renewable energy, Residential, Agtech, and Infrastructure markets. The Renewables Segment is engaged in designing, engineering, manufacturing, and installing solar racking and electrical balance systems. Agtech Segment provides growing and processing solutions including the designing, engineering, manufacturing, full-scope construction, maintenance, and support of greenhouses and indoor growing operations, and botanical extraction systems. It derives key revenue from the Residential segment which offers roof and foundation ventilation products, single point and centralized mail systems electronic package solutions, and Retractable awnings and gutter guards, among other products.

Executives

James B Nish	director	3556 LAKESHORE RD., BLASDELL NY 14219
Janet Anne Catlett	officer: VP, CHRO	22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Linda Kristine Myers	director	3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Katherine Bolanowski	officer: General Counsel, VP, Secretary	3556 LAKE SHORE ROAD, BUFFALO NY 14219
Patrick Burns	officer: Chief Operating Officer	3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jeffrey J. Watorek	officer: VP, Treasurer, Secretary	3556 LAKESHORE ROAD, BLASDELL NY 14219
Elizabeth Jensen	officer: Chief Human Resources Officer	5928 HIGHLAND HILLS CIRCLE, FORT COLLINS CO 80528
Gwendolyn G Mizell	director	800 S HANLEY SUITE 8D, CLAYTON MO 63105
Manish H Shah	director	9618 BOUCHAINE PASS, BRENTWOOD TN 37027
Mark G Barberio	director	19 WIK STREET, WILLIAMSVILLE NY 14221
Vinod M Khilnani	director	905 WEST BLVD NORTH, ELKHART IN 46514
Sharon M Brady	director	3600 W. LAKE AVENUE, GLENVIEW IL 60026
William P Montague	director
Atlee Valentine Pope	director	3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Craig A Hindman	director	ILLINOIS TOOL WORKS INC., 3600 WEST LAKE AVENUE, GLENVIEW IL 60026