Carpenter Technology (STU:XTY) ROCE % : 17.37% (As of Dec. 2024)

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What is Carpenter Technology 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. Carpenter Technology's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.37%.

Carpenter Technology ROCE % Historical Data

The historical data trend for Carpenter Technology'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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Carpenter Technology ROCE % Chart

Carpenter Technology Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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0.94

-9.38

-0.74

5.24

9.72

Carpenter Technology Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															10.70	3.42	15.40	16.30	17.37

Carpenter Technology ROCE % Calculation

Carpenter Technology's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	243.955	/	( ( (2818.75 - 424.026)	+	(3057.989 - 433.193) )	/ 2 )
	=	243.955	/	( (2394.724	+	2624.796)	/ 2 )
	=	243.955	/	2509.76
	=	9.72 %

Carpenter Technology's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	462.984	/	( ( (2932.755 - 365.986)	+	(3176.999 - 412.656) )	/ 2 )
	=	462.984	/	( ( 2566.769	+	2764.343 )	/ 2 )
	=	462.984	/	2665.556
	=	17.37 %

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

Carpenter Technology (STU:XTY) 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.

Carpenter Technology ROCE % Related Terms

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Carpenter Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Carpenter Technology Corp (STU:XTY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CRS:USA XTY:Germany

Address

1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103

Website

https://www.carpentertechnology.com

Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.

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