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ORCL (Oracle) ROCE % : 14.48% (As of Aug. 2024)


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What is Oracle 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. Oracle's annualized ROCE % for the quarter that ended in Aug. 2024 was 14.48%.


Oracle ROCE % Historical Data

The historical data trend for Oracle'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.

Oracle ROCE % Chart

Oracle Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.93 15.10 10.58 12.56 13.82

Oracle Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 11.67 13.05 13.47 16.82 14.48

Oracle ROCE % Calculation

Oracle's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=15255/( ( (134384 - 23090) + (140976 - 31544) )/ 2 )
=15255/( (111294+109432)/ 2 )
=15255/110363
=13.82 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2024 )  (Q: May. 2024 )(Q: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2024 )  (Q: May. 2024 )(Q: Aug. 2024 )
=16044/( ( (140976 - 31544) + (144214 - 32045) )/ 2 )
=16044/( ( 109432 + 112169 )/ 2 )
=16044/110800.5
=14.48 %

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


Oracle  (NYSE:ORCL) 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.


Oracle ROCE % Related Terms

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Oracle Business Description

Address
2300 Oracle Way, Austin, TX, USA, 78741
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
Executives
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Leon E Panetta director 3290 WEST BAYSHORE RD, PALO ALTO CA 94303
Lawrence Joseph Ellison director, 10 percent owner, officer: Chief Executive Officer C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
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Jeffrey Berg director C/O DELPHI ASSET MGMT. CORP, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
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Safra Catz director, officer: President C/O DELPHI ASSET MGMT CORPORATION, 5525 KIETZKE LANE, SUITE 200, RENO NV 89511
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Awo Ablo director C/O DELPHI ASSET MANAGEMENT, 5525 KIETZKE LANE, #200, RENO NV 89511
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