American Woodmark Corporation (AMWD)
Return on total capital
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 161,394 | 162,921 | 158,860 | 155,378 | 136,352 | 115,621 | 97,021 | 60,549 | 36,159 | 39,328 | 64,389 | 94,923 | 114,738 | 116,582 | 123,190 | 131,565 | 143,892 | 147,009 | 145,586 | 141,694 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 910,376 | 896,910 | 895,580 | 894,365 | 873,788 | 843,140 | 829,179 | 792,538 | 772,883 | 750,953 | 743,139 | 737,101 | 756,238 | 775,993 | 756,546 | 732,006 | 689,285 | 674,908 | 651,168 | 632,473 |
| Return on total capital | 17.73% | 18.16% | 17.74% | 17.37% | 15.60% | 13.71% | 11.70% | 7.64% | 4.68% | 5.24% | 8.66% | 12.88% | 15.17% | 15.02% | 16.28% | 17.97% | 20.88% | 21.78% | 22.36% | 22.40% |
April 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $161,394K ÷ ($—K + $910,376K)
= 17.73%
The return on total capital for American Woodmark Corporation has fluctuated over the past few periods. The ratio has shown a generally increasing trend from a low of 4.68% in Jul 31, 2022, to a high of 22.40% in Apr 30, 2019.
The company's return on total capital peaked at 22.40% in Apr 30, 2019, and has since experienced some variability but remained above 15% in most periods. This indicates that the company has been able to generate a relatively healthy return on the total capital employed in its operations.
Overall, the return on total capital for American Woodmark Corporation demonstrates a certain level of stability and effectiveness in utilizing its capital to generate returns for its shareholders. It is important for investors and analysts to monitor this ratio over time to assess the company's efficiency in generating profits relative to the capital invested.