Bloomin Brands Inc (BLMN)

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 3,786 325,144 262,531 249,823 -172,924
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 135,510 409,122 273,909 222,850 10,957
Return on total capital 2.79% 79.47% 95.85% 112.10% -1,578.21%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $3,786K ÷ ($—K + $135,510K)
= 2.79%

Bloomin Brands Inc's return on total capital exhibited significant fluctuations over the period from December 31, 2020, to December 31, 2024. The ratio was notably negative at -1,578.21% in 2020, indicating a substantial loss relative to invested capital. This was followed by a remarkable recovery in 2021, with a return of 112.10%, reflecting improved capital utilization and profitability.

Subsequently, the return on total capital remained relatively high in 2022 and 2023, at 95.85% and 79.47% respectively, suggesting continued efficiency in generating returns on the total capital employed. However, by the end of 2024, the return on total capital decreased notably to 2.79%, signaling a reduction in profitability relative to the total capital deployed.

Overall, the fluctuating trend in the return on total capital indicates varying levels of efficiency in generating profits in relation to the company's total capital base during the period under review. Further analysis would be beneficial to understand the specific factors driving these changes in performance.