Berry Global Group Inc (BERY)
Return on total capital
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 937,000 | 969,000 | 933,000 | 1,026,000 | 1,079,000 | 1,114,000 | 1,183,000 | 1,223,000 | 1,242,000 | 1,218,000 | 1,225,000 | 1,217,000 | 1,292,000 | 1,329,000 | 1,333,000 | 1,284,000 | 1,179,000 | 1,228,000 | 1,096,000 | 997,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,608,000 | 3,371,000 | 3,294,000 | 3,328,000 | 3,216,000 | 3,387,000 | 3,295,000 | 3,259,000 | 3,196,000 | 3,109,000 | 3,320,000 | 3,294,000 | 3,180,000 | 2,953,000 | 2,646,000 | 2,445,000 | 2,092,000 | 1,869,000 | 1,651,000 | 1,786,000 |
| Return on total capital | 25.97% | 28.75% | 28.32% | 30.83% | 33.55% | 32.89% | 35.90% | 37.53% | 38.86% | 39.18% | 36.90% | 36.95% | 40.63% | 45.01% | 50.38% | 52.52% | 56.36% | 65.70% | 66.38% | 55.82% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (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 generally positive trend over the past few years, indicating effective management of its capital resources. The company has consistently achieved impressive returns on its total capital, with the ratio ranging from 25.97% to 66.38% across the reported periods. The higher return on total capital percentages in recent periods, such as in 2020 and 2021, suggest increased efficiency in utilizing both equity and debt to generate profits. This indicates that Berry Global Group has been successful in generating substantial profits relative to the total capital invested in the business. The company's ability to maintain and improve its return on total capital over time reflects strong financial performance and efficient capital utilization strategies.
Peer comparison
Sep 30, 2024