Berry Global Group Inc (BERY)
Return on total capital
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 937,000 | 1,079,000 | 1,242,000 | 1,292,000 | 1,179,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,608,000 | 3,216,000 | 3,196,000 | 3,180,000 | 2,092,000 |
| Return on total capital | 25.97% | 33.55% | 38.86% | 40.63% | 56.36% |
September 30, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $937,000K ÷ ($—K + $3,608,000K)
= 25.97%
Berry Global Group Inc's return on total capital has shown a gradual decreasing trend over the past five years, declining from 56.36% in 2020 to 25.97% in 2024. This indicates a decrease in the company's ability to generate profits relative to its total capital employed. Although the returns have declined, Berry Global Group Inc still maintains a relatively high return on total capital, indicating efficient utilization of its capital to generate profits. It is important for stakeholders to monitor this trend to assess the company's financial health and performance over time.
Peer comparison
Sep 30, 2024