Bright Horizons Family Solutions (STU:BHA) ROCE % : 5.16% (As of Mar. 2024)

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What is Bright Horizons Family Solutions 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. Bright Horizons Family Solutions's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.16%.

Bright Horizons Family Solutions ROCE % Historical Data

The historical data trend for Bright Horizons Family Solutions'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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Bright Horizons Family Solutions ROCE % Chart

Bright Horizons Family Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.07

1.69

4.22

5.19

5.53

Bright Horizons Family Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.04	5.95	8.79	3.63	5.16

Bright Horizons Family Solutions ROCE % Calculation

Bright Horizons Family Solutions'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 )
	=	157.028	/	( ( (3586.132 - 742.262)	+	(3572.764 - 733.08) )	/ 2 )
	=	157.028	/	( (2843.87	+	2839.684)	/ 2 )
	=	157.028	/	2841.777
	=	5.53 %

Bright Horizons Family Solutions's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	146.968	/	( ( (3572.764 - 733.08)	+	(3488.091 - 631.51) )	/ 2 )
	=	146.968	/	( ( 2839.684	+	2856.581 )	/ 2 )
	=	146.968	/	2848.1325
	=	5.16 %

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

Bright Horizons Family Solutions (STU:BHA) 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.

Bright Horizons Family Solutions ROCE % Related Terms

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Bright Horizons Family Solutions (STU:BHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Bright Horizons Family Solutions Inc (STU:BHA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BFAM:USA BHA:Germany

Address

2 Wells Avenue, Newton, MA, USA, 02459

Website

https://www.brighthorizons.com

Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Bright Horizons Family Solutions (STU:BHA) Headlines

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