Columbia Sportswear Company (COLM)
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 | 133,420 | 271,494 | 293,507 | 292,581 | 304,327 | 358,057 | 368,764 | 402,265 | 429,504 | 449,268 | 437,468 | 463,690 | 450,504 | 362,629 | 314,346 | 209,986 | 137,519 | 152,859 | 219,696 | 305,426 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,780,040 | 1,787,470 | 1,823,960 | 1,909,440 | 1,938,610 | 1,895,310 | 1,874,660 | 1,947,780 | 1,935,790 | 1,814,800 | 1,731,720 | 1,818,900 | 1,989,250 | 1,880,320 | 1,861,660 | 1,868,810 | 1,832,770 | 1,722,820 | 1,652,830 | 1,696,590 |
| Return on total capital | 7.50% | 15.19% | 16.09% | 15.32% | 15.70% | 18.89% | 19.67% | 20.65% | 22.19% | 24.76% | 25.26% | 25.49% | 22.65% | 19.29% | 16.89% | 11.24% | 7.50% | 8.87% | 13.29% | 18.00% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $133,420K ÷ ($—K + $1,780,040K)
= 7.50%
Columbia Sportswear Company's return on total capital has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The trend shows an initial decline from 18.00% in March 2020 to 7.50% in December 2020, indicating a decrease in the company's efficiency in generating returns from its total capital.
However, from March 2021 to June 2022, there was a significant improvement in the return on total capital, reaching a peak of 25.49% in March 2022. This suggests that the company was able to effectively utilize its capital to generate higher returns during this period.
Subsequently, there was a gradual decline in the return on total capital, reaching 7.50% again by December 2024. This downward trend indicates a potential decrease in the company's ability to generate returns from its total capital towards the end of the period under review.
Overall, Columbia Sportswear Company's return on total capital showed variation and volatility over the analyzed period, with periods of both improvement and decline. Investors and stakeholders may want to further investigate the factors contributing to these fluctuations to assess the company's performance and financial health.
Peer comparison
Dec 31, 2024