Albertsons Companies (ACI)
Return on total capital
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,583,300 | 1,607,500 | 1,656,200 | 1,812,400 | 2,038,800 | 2,195,900 | 2,198,200 | 2,301,800 | 2,386,200 | 2,557,400 | 2,616,400 | 2,571,300 | 2,535,500 | 1,774,300 | 1,409,300 | 1,428,800 | 1,666,900 | 1,992,700 | 1,946,100 | 1,976,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,385,900 | 3,365,700 | 3,020,300 | 2,913,100 | 2,747,500 | 2,527,300 | 2,216,600 | 2,000,000 | 1,656,400 | 819,000 | 4,387,000 | 4,070,600 | 3,024,600 | 2,310,700 | 1,959,900 | 1,698,400 | 1,324,300 | 1,374,700 | 1,501,600 | 1,194,900 |
| Return on total capital | 46.76% | 47.76% | 54.84% | 62.22% | 74.21% | 86.89% | 99.17% | 115.09% | 144.06% | 312.26% | 59.64% | 63.17% | 83.83% | 76.79% | 71.91% | 84.13% | 125.87% | 144.96% | 129.60% | 165.37% |
February 28, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,583,300K ÷ ($—K + $3,385,900K)
= 46.76%
The analysis of Albertsons Companies' return on total capital over the specified periods reveals significant fluctuations with an overall downward trend from the peak levels observed in mid-2020. Starting with an exceptionally high return of 165.37% on May 31, 2020, the metric experienced a noticeable decline through subsequent periods, reaching approximately 129.60% by August 31, 2020, and then varying between roughly 125.87% to 144.96% during the remainder of 2020 and early 2021. The return demonstrated a general downward trajectory into 2021, with notable decreases to about 84.13% by May 31, 2021, and further declines to approximately 71.91% by August 31, 2021, before a modest recovery to 76.79% in November 2021 and 83.83% in February 2022.
Throughout 2022, the ratio trended downward from 63.17% on May 31 to a low of 59.64% on August 31. A remarkable anomaly occurred on November 30, 2022, when the return spiked to an exceedingly high 312.26%, significantly above previous levels, potentially indicating an extraordinary event, accounting adjustment, or extraordinary income impact. This peak was followed by a substantial decrease to approximately 144.06% in February 2023, and a continued decline throughout the next periods, reaching as low as 46.76% by February 2025.
Overall, the data depict a pattern characterized by high initial returns, substantial variability, and a gradual decline over time. The significant spike in late 2022 is an outlier that temporarily elevated the metric, but subsequent periods point toward a normalization with a steady downward trend, reflecting possible changes in operational performance, capital structure, or external economic factors impacting return efficiency.
Peer comparison
Feb 28, 2025