Bloomin Brands (STU:BOO) ROCE % : -9.56% (As of Mar. 2024)

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What is Bloomin Brands 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. Bloomin Brands's annualized ROCE % for the quarter that ended in Mar. 2024 was -9.56%.

Bloomin Brands ROCE % Historical Data

The historical data trend for Bloomin Brands'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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Bloomin Brands ROCE % Chart

Bloomin Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.95

-6.62

13.49

9.10

13.46

Bloomin Brands 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															20.63	15.22	9.79	9.27	-9.56

Bloomin Brands ROCE % Calculation

Bloomin Brands'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 )
	=	298.157	/	( ( (3134.481 - 924.05)	+	(3139.882 - 919.141) )	/ 2 )
	=	298.157	/	( (2210.431	+	2220.741)	/ 2 )
	=	298.157	/	2215.586
	=	13.46 %

Bloomin Brands'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 )
	=	-216.032	/	( ( (3139.882 - 919.141)	+	(3122.7 - 822.532) )	/ 2 )
	=	-216.032	/	( ( 2220.741	+	2300.168 )	/ 2 )
	=	-216.032	/	2260.4545
	=	-9.56 %

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

Bloomin Brands (STU:BOO) 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.

Bloomin Brands ROCE % Related Terms

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Bloomin Brands (STU:BOO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bloomin Brands Inc (STU:BOO) » Definitions » ROCE %

Comparable Companies

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BLMN:USA

Address

2202 North West Shore Boulevard, Suite 500, Tampa, FL, USA, 33607

Website

https://www.bloominbrands.com

Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.

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