Carlsberg A/S

Carlsberg A/S ROCE

The Return on Capital Employed (ROCE) of Carlsberg A/S (CARL B.CO) as of Nov 7, 2026 is 35.96 %. In the previous year, Return on Capital Employed (ROCE) was 37.33 % — a change of -3.67% (lower).

ROCE

35.96 %

YoY

-3.67%

Last updated:

In 2025, Carlsberg A/S's return on capital employed (ROCE) was 35.96 %, a -3.67% increase from the 37.33 % ROCE in the previous year.

The Carlsberg A/S ROCE history

  • 3 Years

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  • Max

ROCE
Date
ROCE
Jan 1, 2018
19.48 DKK
Jan 1, 2019
22.73 DKK
Jan 1, 2020
22.37 DKK
Jan 1, 2021
22.28 DKK
Jan 1, 2022
28.09 DKK
Jan 1, 2023
42.51 DKK
Jan 1, 2024
37.33 DKK
Jan 1, 2025
35.96 DKK
The Carlsberg A/S ROCE history
YEARROCEYoY
35.96 %-3.67%
37.33 %-12.18%
42.51 %+51.30%
28.09 %+26.11%
22.28 %-0.40%
22.37 %-1.61%
22.73 %+16.69%
19.48 %+8.69%
17.92 %+16.62%
15.37 %-14.17%
17.91 %+8.63%
16.48 %—

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Carlsberg A/S Stock analysis

What does Carlsberg A/S do? Carlsberg A/S is a Danish company that was founded in 1847 by J.C. Jacobsen. Carlsberg is one of the largest brewing companies in the world and distributes its products in over 150 countries. Its business model focuses on producing and distributing high-quality beer and beverage brands. The company's core brands are Carlsberg, Tuborg, Baltika, and Holsten. Carlsberg also offers a wide range of regional and niche brands, as well as non-alcoholic and low-alcohol beverages. Carlsberg is divided into several business areas, including Carlsberg Breweries and Carlsberg Supply Company. Carlsberg Breweries handles the production and distribution of beer and owns 75 breweries worldwide. Carlsberg Supply Company is responsible for the supply of raw materials and packaging materials to the breweries, as well as manufacturing machinery and equipment used in the brewing industry. Carlsberg Asia focuses on the Asian market and is one of the largest beer producers in this region, distributing its products in countries such as China, Hong Kong, India, Malaysia, and Vietnam. Carlsberg is committed to sustainability and responsibility, aiming to be climate neutral by 2030 and reduce water consumption by 50%. The company also promotes responsible alcohol consumption and collaborates with local communities to support health and safety projects. In summary, Carlsberg A/S is a leading company in the beer and beverage industry, focusing on the production and distribution of high-quality products. It has a long history and operates in various parts of the world. Carlsberg is divided into different business areas that cover production, distribution, supply, and manufacturing machinery and equipment. The company is also dedicated to sustainability and responsibility, actively promoting responsible alcohol consumption. Carlsberg A/S is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Carlsberg A/S's Return on Capital Employed (ROCE)

Carlsberg A/S's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Carlsberg A/S's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Carlsberg A/S's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Carlsberg A/S’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Carlsberg A/S stock

Return on Capital Employed (ROCE) of Carlsberg A/S is 35.96 % in 2025.

Return on Capital Employed (ROCE) of Carlsberg A/S changed from 37.33 % to 35.96 %, representing a -3.67% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Carlsberg A/S since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Carlsberg A/S with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Carlsberg A/S

All Key Metrics — Carlsberg A/S