UFPI (UFP Industries) ROCE % : 15.31% (As of Sep. 2024)

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What is UFP 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. UFP Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.31%.

UFP Industries ROCE % Historical Data

The historical data trend for UFP 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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UFP Industries ROCE % Chart

UFP Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.36

20.15

33.56

34.32

21.02

UFP 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															21.13	16.22	17.10	19.33	15.31

UFP Industries ROCE % Calculation

UFP 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 )
	=	684.083	/	( ( (3672.073 - 611.835)	+	(4017.797 - 567.976) )	/ 2 )
	=	684.083	/	( (3060.238	+	3449.821)	/ 2 )
	=	684.083	/	3255.0295
	=	21.02 %

UFP 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 )
	=	548.264	/	( ( (4138.494 - 588.388)	+	(4217.885 - 606.031) )	/ 2 )
	=	548.264	/	( ( 3550.106	+	3611.854 )	/ 2 )
	=	548.264	/	3580.98
	=	15.31 %

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

UFP Industries (NAS:UFPI) 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.

UFP Industries ROCE % Related Terms

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UFP Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UFP Industries Inc (NAS:UFPI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UF3:Germany

Address

2801 East Beltline Avenue NE, Grand Rapids, MI, USA, 49525

Website

https://www.ufpi.com

UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction.

Executives

Matthew J Missad	director, officer: Chief Executive Officer	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Patrick M. Benton	officer: XVP UFP Eastern Div - North	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William G Currie	director	2801 EAST BELTINE N E, GRAND RAPIDS MI 49505
David A. Tutas	officer: Vice President Legal & Secty	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Michael R Cole	officer: Chief Financial Officer	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Bruce A Merino	director	3800 WEST CHAPMAN AVE, ORANGE CA 92868
Mary E Tuuk	director	625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Patrick M Webster	officer: Pres. and Chief Operating Off.	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William Danny Schwartz	officer: Exec. VP, Operations Services	2801 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Allen T Peters	officer: President, UFP Western Div	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Benjamin J. Mclean	director	2801 E BELTLINE AVE NE, GRAND RAPIDS MI 49525
Scott T Bravata	officer: Vice President Administration	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Michael G. Wooldridge	director	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Donald L James	officer: XVP National Sales	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Scott A Worthington	officer: President, UFP Industrial, LLC	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525