return on capital employed
noun[CorU]
ukus(abbreviationROCE)FINANCE,ACCOUNTING
a company'sprofitfor aparticularperiodcomparedwith theamountofcapitalinvestedin it. Thisshowshoweffectivelythecompanyis using theamountofcapitalinvestedin it to make aprofit:
The company'sreturnoncapitalemployedhasdeclinedsteadilyin the last threeyears.