Cencora Inc. (COR)
Return on total capital
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 2,175,250 | 2,340,730 | 2,366,380 | 2,354,200 | -5,135,350 |
| Long-term debt | US$ in thousands | 3,811,740 | 4,146,110 | 4,632,360 | 6,383,710 | 3,618,260 |
| Total stockholders’ equity | US$ in thousands | 645,938 | 522,003 | -211,559 | 223,354 | -1,018,920 |
| Return on total capital | 48.80% | 50.14% | 53.53% | 35.63% | -197.56% |
September 30, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $2,175,250K ÷ ($3,811,740K + $645,938K)
= 48.80%
The return on total capital for Cencora Inc. has shown a fluctuating trend over the past five years. In 2024 and 2023, the company's return on total capital was 48.80% and 50.14% respectively, indicating a slight decrease from the previous year. However, the return on total capital was notably higher in 2022 at 53.53%, showing a positive performance during that period.
In contrast, the return on total capital in 2021 was 35.63%, which was lower compared to the previous years. Notably, in 2020, the return on total capital was -197.56%, indicating a significant negative return for that year, possibly due to specific financial challenges or exceptional circumstances.
Overall, the return on total capital for Cencora Inc. has shown variability over the past five years, with both positive and negative returns. Analyzing the factors driving these fluctuations could provide insights into the company's financial performance and help identify areas for improvement.
Peer comparison
Sep 30, 2024