Centuri Holdings (Centuri Holdings) ROCE % : -5.07% (As of Mar. 2024)

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What is Centuri Holdings 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. Centuri Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -5.07%.

Centuri Holdings ROCE % Historical Data

The historical data trend for Centuri Holdings'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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Centuri Holdings ROCE % Chart

Centuri Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

3.89

-4.81

-4.14

Centuri Holdings Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			-	-	2.18	-	-5.07

Centuri Holdings ROCE % Calculation

Centuri Holdings'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 )
	=	-78.833	/	( ( (2453.856 - 425.525)	+	(2198.923 - 419.627) )	/ 2 )
	=	-78.833	/	( (2028.331	+	1779.296)	/ 2 )
	=	-78.833	/	1903.8135
	=	-4.14 %

Centuri Holdings'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 )
	=	-87.628	/	( ( (2198.923 - 419.627)	+	(2119.306 - 440.197) )	/ 2 )
	=	-87.628	/	( ( 1779.296	+	1679.109 )	/ 2 )
	=	-87.628	/	1729.2025
	=	-5.07 %

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

Centuri Holdings (NYSE:CTRI) 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.

Centuri Holdings ROCE % Related Terms

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Centuri Holdings (Centuri Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027

Website

https://www.centuri.com

Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

Centuri Holdings (Centuri Holdings) Headlines

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