Wisconsin Electric Power Co (Wisconsin Electric Power Co) ROCE % : 8.08% (As of Mar. 2024)

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What is Wisconsin Electric Power Co 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. Wisconsin Electric Power Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.08%.

Wisconsin Electric Power Co ROCE % Historical Data

The historical data trend for Wisconsin Electric Power Co'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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Wisconsin Electric Power Co ROCE % Chart

Wisconsin Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.26

7.06

7.11

7.43

7.79

Wisconsin Electric Power Co 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															7.86	7.36	9.05	6.26	8.08

Wisconsin Electric Power Co ROCE % Calculation

Wisconsin Electric Power Co'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 )
	=	1091	/	( ( (15020.2 - 1372.3)	+	(15841.4 - 1484.9) )	/ 2 )
	=	1091	/	( (13647.9	+	14356.5)	/ 2 )
	=	1091	/	14002.2
	=	7.79 %

Wisconsin Electric Power Co'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 )
	=	1163.6	/	( ( (15841.4 - 1484.9)	+	(15846.3 - 1413.8) )	/ 2 )
	=	1163.6	/	( ( 14356.5	+	14432.5 )	/ 2 )
	=	1163.6	/	14394.5
	=	8.08 %

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

Wisconsin Electric Power Co (OTCPK:WELPP.PFD) 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.

Wisconsin Electric Power Co ROCE % Related Terms

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Wisconsin Electric Power Co (Wisconsin Electric Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Wisconsin Electric Power Co (OTCPK:WELPP.PFD) » Definitions » ROCE %

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WELPM.PFD:USA

Address

231 West Michigan Street, P.O. Box 2046, Milwaukee, WI, USA, 53201

Website

https://www.wecenergygroup.com

Wisconsin Electric Power Co is an electric utility company. The business activity of the group is functioned through electric and natural gas utility operations. Its electric utility operations are engaged in the generation, distribution, and sale of electricity in southeastern, east central, and northern Wisconsin and the Upper Peninsula of Michigan. The electric utility operations also include steam operations which produce, distribute, and sell steam to space heating and processing customers in metropolitan Milwaukee, Wisconsin. Its natural gas utility operations are engaged in the purchase, distribution, and sale of natural gas to retail customers and the transportation natural gas in three service areas within southeastern, east central, and northern Wisconsin.

Executives

Paul J Spicer	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
William Mastoris	director	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Xia Liu	director, officer: EVP and CFO	ONE ENERGY PLACE, PENSACOLA FL 32520
Anthony Reese	officer: Vice President and Treasurer	231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Margaret C Kelsey	officer: EVP and Gen Counsel
Gale E Klappa	director, officer: CEO and Chairman of the Board	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Tom Metcalfe	officer: Exec. VP - Generation	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
James A. Schubilske	officer: Vice President & Treasurer	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
William J Guc	officer: Vice President & Controller	130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Scott J Lauber	officer: Vice President and Treasurer	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Joan M Shafer	officer: Exec VP-HR & Org Effectiveness	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Henry W Knueppel	director	200 STATE STREET, BELOIT WI 53511
James Patrick Keyes	officer: Executive VP & CFO	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Susan H. Martin	officer: Executive VP & General Counsel	231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Mary Ellen Stanek	director	14730 WEST JUNEAU BOULEVARD, ELM GROVE WI 53122

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