BJs Restaurants Inc (BJRI)
Return on total capital
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 13,749 | 26,861 | 26,316 | 21,157 | 16,965 | 19,353 | 8,506 | -7,725 | -28,253 | -49,786 | -51,025 | -46,775 | -46,557 | -43,391 | -41,965 | -75,131 | -66,088 | -37,134 | -20,689 | 30,421 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 370,017 | 376,175 | 386,489 | 375,352 | 365,761 | 360,970 | 366,046 | 351,234 | 345,515 | 339,014 | 340,344 | 337,662 | 333,771 | 335,462 | 335,134 | 325,733 | 293,788 | 308,911 | 312,594 | 271,904 |
| Return on total capital | 3.72% | 7.14% | 6.81% | 5.64% | 4.64% | 5.36% | 2.32% | -2.20% | -8.18% | -14.69% | -14.99% | -13.85% | -13.95% | -12.93% | -12.52% | -23.07% | -22.50% | -12.02% | -6.62% | 11.19% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $13,749K ÷ ($—K + $370,017K)
= 3.72%
Based on the provided data, BJs Restaurants Inc's return on total capital has exhibited fluctuations over the specified period. The return on total capital started at 11.19% as of March 31, 2020, but then experienced a notable decline in subsequent periods, reaching negative values in June 2020 (-6.62%), September 2020 (-12.02%), and further deteriorating to -22.50% by December 31, 2020.
The negative trend continued into the following year, with the return on total capital remaining in negative territory through March 31, 2022. There was a slight improvement in the subsequent quarters, with the performance gradually picking up, especially by the end of 2023 and into 2024. Notably, the return on total capital reached a positive value of 6.81% as of June 30, 2024, and further improved to 7.14% by September 30, 2024.
Overall, the return on total capital for BJs Restaurants Inc exhibited a mix of positive and negative values during the analyzed period, showing signs of recovery and improvement towards the end of the timeline. The positive trend observed in the latter quarters may indicate enhanced capital utilization efficiency and potential profitability prospects for the company.
Peer comparison
Dec 31, 2024