BJs Restaurants Inc (BJRI)
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 | 13,749 | 15,015 | -36,139 | -44,043 | -97,073 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 370,017 | 365,761 | 345,515 | 333,771 | 293,788 |
| Return on total capital | 3.72% | 4.11% | -10.46% | -13.20% | -33.04% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $13,749K ÷ ($—K + $370,017K)
= 3.72%
Based on the provided data, BJ's Restaurants Inc's return on total capital has fluctuated over the years. The company experienced negative returns on total capital in 2020, 2021, and 2022 with figures of -33.04%, -13.20%, and -10.46% respectively. However, there was a turnaround in the following years as the return on total capital improved to 4.11% in 2023 and 3.72% in 2024. This indicates a positive shift towards generating better returns on the capital employed by the company, reflecting potential improvements in operational efficiency or profitability.
Peer comparison
Dec 31, 2024