Ameren (Ameren) ROCE % : 3.84% (As of Dec. 2023)

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What is Ameren 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. Ameren's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.84%.

Ameren ROCE % Historical Data

The historical data trend for Ameren'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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Ameren ROCE % Chart

Ameren Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.48

5.16

4.89

5.16

5.29

Ameren Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															3.73	4.91	4.63	8.02	3.84

Ameren ROCE % Calculation

Ameren'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 )
	=	1906	/	( ( (37904 - 3366)	+	(40830 - 3345) )	/ 2 )
	=	1906	/	( (34538	+	37485)	/ 2 )
	=	1906	/	36011.5
	=	5.29 %

Ameren's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	1404	/	( ( (39599 - 4017)	+	(40830 - 3345) )	/ 2 )
	=	1404	/	( ( 35582	+	37485 )	/ 2 )
	=	1404	/	36533.5
	=	3.84 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Ameren (NYSE:AEE) 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.

Ameren ROCE % Related Terms

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Ameren (Ameren) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ameren Corp (NYSE:AEE) » Definitions » ROCE %

Comparable Companies

PPL ES CNP CMS FE ETR DTE AGR WEC LNT NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

AE4:Germany AE4:Germany

Address

1901 Chouteau Avenue, St. Louis, MO, USA, 63103

Website

https://www.amereninvestors.com

Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves more than 2.4 million electricity customers and more than 900,000 natural gas customers.

Executives

Rafael Flores	director	1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Michael L Moehn	other: Vice President of Subsidiary	1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Fadi M Diya	officer: SVP & CNO of Subsidiary	1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Chonda J Nwamu	other: SVP & Deputy General Counsel	1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Mark C Lindgren	officer: VP & Chief HR Officer of Sub	1901 CHOUTEAU AVENUE, PO BOX 66149, ST. LOUIS MO 63166-6149
Warner L Baxter	officer: EVP and CFO	1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Gwendolyn G Mizell	other: Chief Sustain & Diversity	800 S HANLEY SUITE 8D, CLAYTON MO 63105
Leonard P Singh	other: Chrmn and Pres-Elect of sub	1901 CHOUTEAU AVENUE, PO BOX 66149, ST LOUIS MO 63166-6149
Mark C Birk	other: Vice President of Subsidiary	1901 CHOUTEAU AVE MC-1310, ST LOUIS MO 63103
Martin J Lyons	officer: Executive VP & CFO	1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Richard J Mark	other: Vice President of Subsidiary	1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Shawn E Schukar	other: Chmn & President of Subsidiary	1901 CHOUTEAU AVENUE, MC-1310, ST. LOUIS MO 63103
Theresa A Shaw	officer: SVP, Finance and CAO	1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Bruce A Steinke	officer: SVP, Finance & CAO	1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166
Mackay Leo S. Jr.	director	C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE. 36, 6 FL., TEANECK NJ 07666