Buckle Inc (BKE)
Return on total capital
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 186,881 | 187,159 | 283,662 | 299,467 | 321,136 | 281,394 | 241,652 | 231,317 | 220,982 | 274,158 | 327,334 | 353,027 | 378,720 | 334,496 | 290,272 | 283,908 | 314,085 | 357,972 | 374,474 | 383,630 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 423,804 | 488,389 | 458,644 | 433,815 | 413,220 | 413,220 | 474,018 | 474,018 | 436,536 | 436,536 | 405,174 | 405,174 | 376,314 | 376,314 | 435,607 | 435,607 | 388,978 | 388,978 | 353,593 | 312,924 |
| Return on total capital | 44.10% | 38.32% | 61.85% | 69.03% | 77.72% | 68.10% | 50.98% | 48.80% | 50.62% | 62.80% | 80.79% | 87.13% | 100.64% | 88.89% | 66.64% | 65.18% | 80.75% | 92.03% | 105.91% | 122.60% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $186,881K ÷ ($—K + $423,804K)
= 44.10%
The return on total capital for Buckle Inc has exhibited variability over the periods from January 31, 2022, to January 31, 2025. The ratio started strong at 122.60% in January 2022, indicating a high level of profitability generated from the total capital employed. However, the ratio gradually declined over subsequent periods, with some fluctuations noted.
There was a noticeable decrease in the return on total capital by April 30, 2022, standing at 105.91%, and further declining to 92.03% by July 30, 2022. The ratio continued to decrease to 80.75% by July 31, 2022, reflecting a trend of diminishing profitability relative to the total capital invested.
Although there was a slight increase to 88.89% by January 28, 2023, the return on total capital surpassed 100% in January 2023, reaching 100.64%. However, the ratio subsequently declined to 62.80% by July 29, 2023, and further dropped to 50.62% by July 31, 2023.
The return on total capital saw a modest recovery in the following periods, fluctuating around 50-70%, with decreases noted in some quarters. By January 31, 2025, the ratio stood at 44.10%, indicating a reduction in profitability generated from the total capital.
Overall, the trend in the return on total capital for Buckle Inc reflects fluctuations and a general decreasing pattern, suggesting potential challenges in generating profits relative to the total capital employed during the specified period. Further analysis and evaluation of the company's financial performance and strategies may be necessary to address the declining profitability indicated by the ratios.
Peer comparison
Jan 31, 2025