Braemar Hotels & Resorts (STU:42V) ROCE % : 13.27% (As of Sep. 2024)

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What is Braemar Hotels & Resorts 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. Braemar Hotels & Resorts's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.27%.

Braemar Hotels & Resorts ROCE % Historical Data

The historical data trend for Braemar Hotels & Resorts'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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Braemar Hotels & Resorts ROCE % Chart

Braemar Hotels & Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.96

-4.99

-0.04

3.86

3.03

Braemar Hotels & Resorts 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															-0.09	0.87	8.31	2.64	13.27

Braemar Hotels & Resorts ROCE % Calculation

Braemar Hotels & Resorts'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 )
	=	60.779	/	( ( (2263.442 - 145.624)	+	(2041.998 - 149.202) )	/ 2 )
	=	60.779	/	( (2117.818	+	1892.796)	/ 2 )
	=	60.779	/	2005.307
	=	3.03 %

Braemar Hotels & Resorts'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 )
	=	241.044	/	( ( (2054.683 - 237.55)	+	(1962.078 - 145.199) )	/ 2 )
	=	241.044	/	( ( 1817.133	+	1816.879 )	/ 2 )
	=	241.044	/	1817.006
	=	13.27 %

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

Braemar Hotels & Resorts (STU:42V) 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.

Braemar Hotels & Resorts ROCE % Related Terms

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Braemar Hotels & Resorts Business Description

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Address

14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254

Website

http://www.bhrreit.com

Braemar Hotels & Resorts Inc is a real estate investment trust company that invests in high revenue per available room, or RevPAR, luxury, upper-upscale and upscale hotels in gateway and resort locations. The firm operates in various U.S. states such as California, Texas, Washington, Philadelphia, Florida, and Illinois as well as Washington, D.C. and St. Thomas, U.S. Virgin Islands. The company operates through its direct hotel investment segment. Its revenue streams include rooms, food and beverage, and other. The firm's hotels operate under various brands, such as Marriott, Hilton, Courtyard, and Renaissance, among others.

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