AptarGroup Inc (ATR)

Return on total capital

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Earnings before interest and tax (EBIT)	US$ in thousands	496,497	415,554	375,264	352,398	334,349
Long-term debt	US$ in thousands	600,000	600,000	868,700	900,000	1,100,000
Total stockholders’ equity	US$ in thousands	2,471,890	2,306,820	2,053,940	1,969,410	1,850,390
Return on total capital		16.16%	14.30%	12.84%	12.28%	11.33%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $496,497K ÷ ($600,000K + $2,471,890K)
= 16.16%

AptarGroup Inc's return on total capital has been showing a positive trend over the years, reflecting the company's efficiency in generating returns from both equity and debt capital. The ratio has increased steadily from 11.33% in December 2020 to 16.16% in December 2024. This indicates an improvement in the company's ability to generate profits relative to the total capital employed in its operations. The consistent growth in return on total capital suggests effective management of assets and liabilities to create value for shareholders. It can be inferred that AptarGroup Inc is efficiently utilizing its capital to generate higher returns, which may positively impact the overall financial performance and shareholder value.