The Cooper Companies, Inc. Common Stock (COO)
Return on total capital
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 699,700 | 634,000 | 587,100 | 519,900 | 518,200 | 480,700 | 469,500 | 552,300 | 532,600 | 564,000 | 529,200 | 497,200 | 514,600 | 488,400 | 460,900 | 340,200 | 303,300 | 346,100 | 417,700 | 542,500 |
| Long-term debt | US$ in thousands | 2,548,000 | 2,588,800 | 2,668,300 | 2,722,900 | 2,520,400 | 2,511,100 | 2,562,400 | 2,623,700 | 2,347,100 | 2,346,900 | 2,346,700 | 2,346,500 | 1,396,100 | 1,179,900 | 1,324,900 | 1,413,900 | 1,383,900 | 1,327,800 | 1,344,800 | 1,233,700 |
| Total stockholders’ equity | US$ in thousands | 8,083,400 | 7,925,000 | 7,803,700 | 7,695,100 | 7,550,800 | 7,528,300 | 7,377,800 | 7,335,500 | 7,174,500 | 7,082,900 | 7,013,600 | 6,925,900 | 6,941,800 | 6,785,200 | 6,162,600 | 5,989,700 | 3,824,600 | 3,760,200 | 3,627,300 | 3,730,700 |
| Return on total capital | 6.58% | 6.03% | 5.61% | 4.99% | 5.15% | 4.79% | 4.72% | 5.55% | 5.59% | 5.98% | 5.65% | 5.36% | 6.17% | 6.13% | 6.16% | 4.60% | 5.82% | 6.80% | 8.40% | 10.93% |
October 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $699,700K ÷ ($2,548,000K + $8,083,400K)
= 6.58%
The return on total capital for The Cooper Companies, Inc. Common Stock has shown some variability over the past few years. The ratio ranged from a low of 4.60% in January 2021 to a high of 10.93% in January 2020. The most recent figure as of October 31, 2024, stands at 6.58%.
Overall, the return on total capital has generally been in the range of 5% to 7% in the past few years. This indicates that the company is generating a moderate return on the total capital employed in its operations. It is important to consider this metric in conjunction with other financial indicators to gain a comprehensive understanding of the company's financial performance and efficiency in utilizing its capital resources.
Peer comparison
Oct 31, 2024