Return on Capital Employed Formula |
| \( ROCE \;=\; \dfrac{ EBIT }{ CE } \) |
| Symbol |
| \( ROCE \) = return on capital employed |
| \( CE \) = capital employed |
| \( EBIT \) = earnings before interest and taxes |
Return on capital employed, abbreviated as ROCE, is how efficient a company is at using its capital to generate profits and use its capital efficiently.
