Hub Group (FRA:HBG) ROCE % : 6.80% (As of Mar. 2024)

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What is Hub Group 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. Hub Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.80%.

Hub Group ROCE % Historical Data

The historical data trend for Hub Group'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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Hub Group ROCE % Chart

Hub Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.87

6.59

14.82

25.30

9.99

Hub Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															14.51	11.46	8.15	5.86	6.80

Hub Group ROCE % Calculation

Hub Group'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 )
	=	204.16	/	( ( (2652.716 - 653.031)	+	(2692.355 - 603.579) )	/ 2 )
	=	204.16	/	( (1999.685	+	2088.776)	/ 2 )
	=	204.16	/	2044.2305
	=	9.99 %

Hub Group'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 )
	=	141.172	/	( ( (2692.355 - 603.579)	+	(2659.968 - 596.712) )	/ 2 )
	=	141.172	/	( ( 2088.776	+	2063.256 )	/ 2 )
	=	141.172	/	2076.016
	=	6.80 %

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

Hub Group (FRA:HBG) 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.

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Hub Group (FRA:HBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hub Group Inc (FRA:HBG) » Definitions » ROCE %

Comparable Companies

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HUBG:USA

Address

2001 Hub Group Way, Oak Brook, IL, USA, 60523

Website

https://www.hubgroup.com

Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Asset light truckload and LTL brokerage makes up around 20%. The remaining 20% reflects Hub's logistics division, which provides outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, logistics, and dedicated truckload offerings.

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