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Dana (DAN) ROCE % : 7.22% (As of Sep. 2024)


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What is Dana 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. Dana's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.22%.


Dana ROCE % Historical Data

The historical data trend for Dana'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.

* Premium members only.

Dana ROCE % Chart

Dana Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 2.31 6.89 1.86 6.43

Dana Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.25 1.05 5.56 8.20 7.22

Dana ROCE % Calculation

Dana'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 )
=332/( ( (7449 - 2479) + (7965 - 2602) )/ 2 )
=332/( (4970+5363)/ 2 )
=332/5166.5
=6.43 %

Dana's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=368/( ( (7808 - 2758) + (7859 - 2716) )/ 2 )
=368/( ( 5050 + 5143 )/ 2 )
=368/5096.5
=7.22 %

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

* 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.


Dana  (NYSE:DAN) 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.


Dana ROCE % Related Terms

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Dana Business Description

Traded in Other Exchanges
Address
3939 Technology Drive, Maumee, OH, USA, 43537
Dana Inc is engaged in the designing and manufacturing of efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company has four operating segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment generates the majority portion of revenue by providing products to support light vehicle OEMs. Its products are designed for light trucks, SUVs, CUVs, vans, and passenger cars.
Executives
James D Kellett officer: VP & Chief Accounting Officer 3946 WRENS NEST BLVD, MAUMEE OH 43537
Jeroen Decleer officer: SVP & Pres Off-Highway Drive GEMENEWEIDEWEG-NOORD 18, BRUGGE C9 8310
Aziz Aghili officer: Pres Off-Hwy Technologies & AP 5706 KIRKRIDGE TRAIL, ROCHESTER HILLS MI 48306
James Kevin Kamsickas director, officer: President & CEO 44011 CYPRESS POINT DRIVE, NORTHVILLE MI 48168
Byron S Foster officer: Pres, Light Veh Drive Systems 30 ISABELLA ST., PITTSBURGH PA 15212
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Gaoxiang Hu director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Ernesto M Hernandez director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Timothy R Kraus officer: SVP & Chief Financial Officer 812, PILGRAM AVENUE, BIRMINGHAM MI 48009
Robert D Pyle officer: Pres, Light Vehicle Driveline 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Jonathan Mark Collins officer: SVP & Chief Financial Officer 50196 VENICE COURT, NORTHVILLE MI 48168
Ryan Laskey officer: SVP - Commercial Veh Drive 9332 CRISTAL MARIE CT, TEMPERANCE MI 48182
Antonio Valencia officer: Pres. Power Technologies Group 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Keith E Wandell director
Bridget E Karlin director 3 TALL TREE LANE, PLEASANTVILLE NY 10570