LXP Industrial Trust (FRA:LXN) ROCE % : 1.77% (As of Mar. 2024)

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What is LXP Industrial Trust 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. LXP Industrial Trust's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.77%.

LXP Industrial Trust ROCE % Historical Data

The historical data trend for LXP Industrial Trust'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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LXP Industrial Trust ROCE % Chart

LXP Industrial Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.93

7.23

12.42

3.91

2.02

LXP Industrial Trust 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															1.98	0.37	2.55	3.49	1.77

LXP Industrial Trust ROCE % Calculation

LXP Industrial Trust'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 )
	=	74.872	/	( ( (3826.832 - 141.293)	+	(3844.775 - 124.949) )	/ 2 )
	=	74.872	/	( (3685.539	+	3719.826)	/ 2 )
	=	74.872	/	3702.6825
	=	2.02 %

LXP Industrial Trust'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 )
	=	65.632	/	( ( (3844.775 - 124.949)	+	(3823.859 - 134.744) )	/ 2 )
	=	65.632	/	( ( 3719.826	+	3689.115 )	/ 2 )
	=	65.632	/	3704.4705
	=	1.77 %

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

LXP Industrial Trust (FRA:LXN) 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.

LXP Industrial Trust ROCE % Related Terms

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LXP Industrial Trust (FRA:LXN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LXP Industrial Trust (FRA:LXN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LXPpC.PFD:USA LXP:USA

Address

One Penn Plaza, Suite 4015, New York, NY, USA, 10119-4015

Website

https://www.lxp.com

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.

LXP Industrial Trust (FRA:LXN) Headlines

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