The Cooper Companies, Inc. Common Stock (COO)
Return on total capital
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 705,700 | 518,200 | 532,600 | 514,600 | 303,300 |
| Long-term debt | US$ in thousands | 2,548,000 | 2,520,400 | 2,347,100 | 1,396,100 | 1,383,900 |
| Total stockholders’ equity | US$ in thousands | 8,083,400 | 7,550,800 | 7,174,500 | 6,941,800 | 3,824,600 |
| Return on total capital | 6.64% | 5.15% | 5.59% | 6.17% | 5.82% |
October 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $705,700K ÷ ($2,548,000K + $8,083,400K)
= 6.64%
The Return on Total Capital for The Cooper Companies, Inc. Common Stock has fluctuated over the past five years, ranging from 5.15% in October 2023 to 6.64% in October 2024.
In general, a higher Return on Total Capital indicates that the company is effectively utilizing its capital to generate profits. The increasing trend from 2020 to 2024 suggests that the company has been improving its efficiency in generating returns from the total capital employed.
However, it is important to note that the Return on Total Capital is just one aspect of the company's financial performance and should be analyzed in conjunction with other financial metrics to get a holistic view of the company's overall financial health.
Peer comparison
Oct 31, 2024