Autodesk Inc (ADSK)
Return on total capital
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,128,000 | 989,000 | 618,000 | 629,000 | 343,000 |
| Long-term debt | US$ in thousands | 2,284,000 | 2,281,000 | 2,277,900 | 1,637,200 | 1,635,100 |
| Total stockholders’ equity | US$ in thousands | 1,855,000 | 1,145,000 | 849,000 | 965,000 | -139,000 |
| Return on total capital | 27.25% | 28.87% | 19.76% | 24.17% | 22.93% |
January 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,128,000K ÷ ($2,284,000K + $1,855,000K)
= 27.25%
Autodesk Inc has demonstrated a consistently strong performance in terms of return on total capital over the past five years. The return on total capital for the company has fluctuated within a relatively narrow range, ranging from a low of 19.76% in January 31, 2022 to a high of 28.87% in January 31, 2023.
The return on total capital has remained above 20% in each of the last five years, indicating that Autodesk Inc has been effectively utilizing its capital to generate profits. The highest return on total capital of 28.87% in January 31, 2023 suggests a particularly efficient allocation of resources during that period.
Overall, Autodesk Inc's consistent performance in terms of return on total capital reflects its ability to generate profitable returns for its investors while efficiently managing its capital resources.
Peer comparison
Jan 31, 2024