CACI International Inc (CACI)

Return on total capital

		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	Dec 31, 2019	Sep 30, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	649,708	600,754	574,484	572,046	567,500	538,541	508,863	502,103	496,329	488,542	514,624	532,056	539,451	561,077	523,315	491,963	457,696	405,116	386,348	378,424
Long-term debt	US$ in thousands	1,481,390	1,631,150	1,713,410	1,735,680	1,650,440	1,765,210	1,534,960	1,597,060	1,702,150	1,823,240	2,079,830	1,647,760	1,688,920	1,775,070	1,371,220	1,567,370	1,357,520	1,464,660	1,550,810	1,551,950
Total stockholders’ equity	US$ in thousands	3,518,070	3,365,230	3,235,490	3,163,900	3,224,200	3,089,500	3,250,110	3,148,440	3,053,410	2,960,750	2,845,580	2,754,990	2,665,140	2,519,260	2,884,140	2,771,630	2,661,180	2,563,500	2,508,440	2,425,120
Return on total capital		13.00%	12.02%	11.61%	11.68%	11.64%	11.09%	10.63%	10.58%	10.44%	10.21%	10.45%	12.08%	12.39%	13.07%	12.30%	11.34%	11.39%	10.06%	9.52%	9.52%

June 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $649,708K ÷ ($1,481,390K + $3,518,070K)
= 13.00%

The return on total capital for CACI International Inc has shown a generally positive trend over the past 20 quarters, ranging from 9.52% to 13.07%. The company's ability to generate returns on its total capital has been improving gradually, with occasional fluctuations.

The return on total capital has consistently remained above 10%, indicating that the company is efficient in utilizing its capital to generate earnings. The highest return during this period was 13.07%, recorded in March 2021, while the lowest was 9.52%, observed in September 2019 and March 2020.

Overall, the trend suggests that CACI International Inc has been successful in generating consistent returns on the total capital invested in the business, which could be indicative of effective management of capital resources and operational efficiency.