Saia (SAIA) ROCE % : 20.96% (As of Dec. 2023)

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What is Saia 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. Saia's annualized ROCE % for the quarter that ended in Dec. 2023 was 20.96%.

Saia ROCE % Historical Data

The historical data trend for Saia'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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Saia ROCE % Chart

Saia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.61

14.83

24.03

27.49

22.53

Saia 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															20.30	20.61	24.09	24.57	20.96

Saia ROCE % Calculation

Saia'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 )
	=	468.762	/	( ( (2174.71 - 274.085)	+	(2583.565 - 322.056) )	/ 2 )
	=	468.762	/	( (1900.625	+	2261.509)	/ 2 )
	=	468.762	/	2081.067
	=	22.53 %

Saia'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 )
	=	466.172	/	( ( (2485.319 - 299.228)	+	(2583.565 - 322.056) )	/ 2 )
	=	466.172	/	( ( 2186.091	+	2261.509 )	/ 2 )
	=	466.172	/	2223.8
	=	20.96 %

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

Saia (NAS:SAIA) 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.

Saia ROCE % Related Terms

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Saia (SAIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saia Inc (NAS:SAIA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SQR:Germany SQR:Germany

Address

11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097

Website

https://www.saia.com

Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 190 facilities and a fleet of about 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.

Executives

Di-ann Eisnor	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Raymond R Ramu	officer: Chief Customer Officer	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Patrick D Sugar	officer: EVP Operations	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Holzgrefe Frederick J Iii	officer: VP Finance, CFO and Secretary	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Douglas L Col	officer: VP Finance, CFO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Susan F Ward	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Donna E Epps	director	11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Richard D Odell	officer: President & CEO of Saia	11465 JOHNS CREEK PARKWAY, STE 400, JOHNS CREEK GA 30097
Anthony R Norwood	officer: EVP & CHRO	11465 JOHNS CREEK PARKWAY, JOHNS CREEK GA 30097
Kelly W Benton	officer: VP & Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Rohit Lal	officer: VP Information Technology, CIO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Kevin A Henry	director	13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Donald R James	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Karla J Staver	officer: VP Safety and Human Resources	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Stephanie R Maschmeier	officer: Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097