Acuity Brands Inc (AYI)
Return on total capital
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 563,700 | 518,100 | 517,800 | 510,800 | 474,600 | 519,800 | 519,400 | 506,900 | 520,900 | 495,700 | 466,700 | 451,200 | 420,400 | 391,100 | 360,100 | 352,500 | 351,100 | 378,500 | 414,800 | 428,600 |
| Long-term debt | US$ in thousands | 496,200 | 496,000 | 495,900 | 495,700 | 495,600 | 495,400 | 495,300 | 495,100 | 495,000 | 494,800 | 494,700 | 494,500 | 494,300 | 494,200 | 494,000 | 495,600 | 376,800 | 385,800 | 390,800 | 347,100 |
| Total stockholders’ equity | US$ in thousands | 2,378,800 | 2,254,700 | 2,149,600 | 2,064,100 | 2,015,400 | 1,969,800 | 1,947,600 | 1,903,500 | 1,911,800 | 1,918,600 | 2,104,300 | 2,072,900 | 2,044,500 | 2,039,100 | 1,932,500 | 1,937,000 | 2,127,500 | 2,095,700 | 2,045,100 | 1,987,300 |
| Return on total capital | 19.61% | 18.84% | 19.57% | 19.95% | 18.90% | 21.09% | 21.26% | 21.13% | 21.64% | 20.54% | 17.96% | 17.57% | 16.56% | 15.44% | 14.84% | 14.49% | 14.02% | 15.25% | 17.03% | 18.36% |
August 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $563,700K ÷ ($496,200K + $2,378,800K)
= 19.61%
Acuity Brands Inc has consistently exhibited a strong return on total capital over the past few years, with a range of 14.02% to 21.64%. The company's return on total capital has shown a positive trend, with a peak of 21.64% recorded in Aug 31, 2022. This indicates that Acuity Brands Inc has been effectively utilizing its capital to generate profits and create value for its shareholders. The company's ability to maintain an average return on total capital of around 19% over the past few years suggests sound financial management and operational efficiency. Overall, Acuity Brands Inc's return on total capital demonstrates a solid performance and effective capital utilization.
Peer comparison
Aug 31, 2024