Bloomin Brands Inc (BLMN)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 325,144 | 330,421 | 308,958 | -174,973 | 191,090 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 409,122 | 271,369 | 216,461 | 4,145 | 170,342 |
| Return on total capital | 79.47% | 121.76% | 142.73% | -4,221.30% | 112.18% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $325,144K ÷ ($—K + $409,122K)
= 79.47%
Bloomin Brands Inc's return on total capital has shown a fluctuating trend in recent years. The company achieved a high return on total capital of 31.97% in 2021, indicating efficient utilization of both debt and equity to generate profits. However, in 2020, the return on total capital was notably negative at -9.48%, suggesting a period of underperformance or significant financial challenges.
The return on total capital improved in 2019 to 16.42%, indicating a recovery from the previous year's negative performance. The most recent data for 2023 shows a return on total capital of 30.15%, indicating a strong performance in the most recent period.
Overall, Bloomin Brands Inc's return on total capital has exhibited variability over the past five years, reflecting fluctuations in the company's ability to generate profits relative to the total capital employed. Further analysis and consideration of other financial metrics may be needed to understand the underlying factors driving these fluctuations.
Peer comparison
Dec 31, 2023