SARO (StandardAero) ROCE % : 7.97% (As of Sep. 2024)

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What is StandardAero 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. StandardAero's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.97%.

StandardAero ROCE % Historical Data

The historical data trend for StandardAero'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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StandardAero ROCE % Chart

StandardAero Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

5.57

6.66

StandardAero Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	6.81	-	7.97

StandardAero ROCE % Calculation

StandardAero'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 )
	=	314.764	/	( ( (5728.6 - 968.807)	+	(5759.402 - 1069.449) )	/ 2 )
	=	314.764	/	( (4759.793	+	4689.953)	/ 2 )
	=	314.764	/	4724.873
	=	6.66 %

StandardAero'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 )
	=	386.18	/	( ( (5755.495 - 999.925)	+	(6059.146 - 1118.922) )	/ 2 )
	=	386.18	/	( ( 4755.57	+	4940.224 )	/ 2 )
	=	386.18	/	4847.897
	=	7.97 %

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

StandardAero (NYSE:SARO) 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.

StandardAero ROCE % Related Terms

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StandardAero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » StandardAero Inc (NYSE:SARO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6710 North Scottsdale Road, Suite 250, Scottsdale, AZ, USA

Website

https://www.standardaero.com

StandardAero Inc is a provider of aftermarket services for fixed and rotary wing aircraft gas turbine engines and auxiliary power units (APUs) to the commercial, business, and military aircraft markets. It also provides aftermarket and upgrade services for business aviation and helicopter airframes and avionics. It operates in two segments Engine Services and Component Repair Services. The group generates the majority of its revenue from the Engine Services segment which provides engine and airframe maintenance, repair, overhaul, and related services to customers in the Commercial Aerospace, Military & Helicopter, and Business Aviation end markets.

StandardAero Headlines

From GuruFocus

StandardAero Announces Third Quarter 2024 Earnings

By Business Wire • 11-13-2024

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By Business Wire • 10-02-2024

StandardAero Announces Third Quarter 2024 Earnings Release and Conference Call Date

By Business Wire • 11-04-2024

StandardAero Increases IPO Size to Raise $1.3 Billion

By GuruFocus Research • 09-30-2024