Apogee Enterprises Inc (APOG)
Return on total capital
| Feb 28, 2025 | Mar 2, 2024 | Feb 29, 2024 | Feb 28, 2023 | Feb 25, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 118,733 | 137,242 | 137,242 | 125,055 | 125,055 |
| Long-term debt | US$ in thousands | — | 62,000 | — | — | 169,837 |
| Total stockholders’ equity | US$ in thousands | 487,898 | 471,025 | 471,025 | 396,408 | 396,408 |
| Return on total capital | 24.34% | 25.75% | 29.14% | 31.55% | 22.08% |
February 28, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $118,733K ÷ ($—K + $487,898K)
= 24.34%
Apogee Enterprises Inc has displayed a fluctuating trend in its return on total capital over the past five years. Starting at 22.08% on February 25, 2023, the return increased significantly to 31.55% by February 28, 2023. However, there was a slight decrease to 29.14% by February 29, 2024, followed by a further decrease to 25.75% on March 2, 2024. The return on total capital continued to decline to 24.34% by February 28, 2025.
Overall, the return on total capital for Apogee Enterprises Inc has shown some variation over the years, with a peak in 2023 followed by a gradual decline. This indicates that the company's ability to generate profits from its total capital has fluctuated and may require further analysis to understand the underlying reasons for these changes.