Hewlett Packard Enterprise Co (XTER:2HP) ROCE % : 7.75% (As of Oct. 2024)

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What is Hewlett Packard Enterprise 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. Hewlett Packard Enterprise Co's annualized ROCE % for the quarter that ended in Oct. 2024 was 7.75%.

Hewlett Packard Enterprise Co ROCE % Historical Data

The historical data trend for Hewlett Packard Enterprise 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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Hewlett Packard Enterprise Co ROCE % Chart

Hewlett Packard Enterprise Co Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

ROCE %

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4.55

5.89

6.81

6.82

6.11

Hewlett Packard Enterprise Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															6.61	6.50	5.23	6.58	7.75

Hewlett Packard Enterprise Co ROCE % Calculation

Hewlett Packard Enterprise Co's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	2289.492	/	( ( (54123.891 - 20722.254)	+	(65418.516 - 23843.214) )	/ 2 )
	=	2289.492	/	( (33401.637	+	41575.302)	/ 2 )
	=	2289.492	/	37488.4695
	=	6.11 %

Hewlett Packard Enterprise Co's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	2933.928	/	( ( (56105.544 - 22003.53)	+	(65418.516 - 23843.214) )	/ 2 )
	=	2933.928	/	( ( 34102.014	+	41575.302 )	/ 2 )
	=	2933.928	/	37838.658
	=	7.75 %

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

Hewlett Packard Enterprise Co (XTER:2HP) 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.

Hewlett Packard Enterprise Co ROCE % Related Terms

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Hewlett Packard Enterprise Co Business Description

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Comparable Companies

Traded in Other Exchanges

HPE:USA HPE:Peru HPE:Mexico 1HPE:Italy 0J51:UK H1PE34:Brazil HPE:Austria

Address

1701 East Mossy Oaks Road, Spring, TX, USA, 77389

Website

https://www.hpe.com

Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company. Its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

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