Apogee Enterprises Inc (APOG)
Return on total capital
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Nov 30, 2023 | Nov 25, 2023 | Aug 31, 2023 | Aug 26, 2023 | May 31, 2023 | May 27, 2023 | Feb 28, 2023 | Feb 25, 2023 | Nov 30, 2022 | Nov 26, 2022 | Aug 31, 2022 | Aug 27, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 113,118 | 134,671 | 140,248 | 133,957 | 129,333 | 153,233 | 164,420 | 161,430 | 158,152 | 138,438 | 120,026 | 121,020 | 121,750 | 128,083 | 132,941 | 130,086 | 127,783 | 85,929 | 45,042 | 27,789 |
| Long-term debt | US$ in thousands | — | — | — | — | 62,000 | — | — | 100,666 | — | 145,675 | — | 170,669 | — | 169,837 | — | 203,735 | — | 250,834 | — | 261,000 |
| Total stockholders’ equity | US$ in thousands | 487,898 | 522,069 | 506,422 | 479,955 | 471,025 | 471,025 | 455,731 | 455,731 | 432,318 | 432,318 | 410,206 | 410,206 | 396,408 | 396,408 | 377,638 | 377,638 | 356,740 | 356,740 | 327,290 | 327,290 |
| Return on total capital | 23.18% | 25.80% | 27.69% | 27.91% | 24.26% | 32.53% | 36.08% | 29.01% | 36.58% | 23.95% | 29.26% | 20.83% | 30.71% | 22.62% | 35.20% | 22.38% | 35.82% | 14.14% | 13.76% | 4.72% |
February 28, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $113,118K ÷ ($—K + $487,898K)
= 23.18%
The return on total capital for Apogee Enterprises Inc has been fluctuating over the periods provided from May 28, 2022, to February 28, 2025. The return on total capital measures the company's ability to generate profits from its total invested capital.
From May 28, 2022, to August 31, 2023, the return on total capital showed an increasing trend, indicating that the company was becoming more efficient in generating returns from its total capital. It reached its peak at 36.58% on August 31, 2023.
However, from November 25, 2023, to February 28, 2025, the return on total capital started to decline gradually. Even though it remained above 20% during this period, the decreasing trend might suggest that the company's profitability relative to its total capital was decreasing.
Overall, Apogee Enterprises Inc's return on total capital indicates fluctuations in its profitability and efficiency in generating returns from its total capital over the periods analyzed. Further analysis may be required to understand the reasons behind these fluctuations and to assess the company's overall performance.