Carter’s Inc (CRI)
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 | 262,140 | 323,778 | 339,654 | 336,753 | 336,215 | 300,373 | 296,956 | 313,356 | 359,517 | 387,694 | 420,646 | 473,419 | 498,584 | 497,139 | 490,232 | 402,516 | 191,046 | 218,397 | 185,369 | 229,362 |
Long-term debt | US$ in thousands | 498,127 | 497,930 | 497,735 | 497,543 | 497,354 | 567,168 | 496,984 | 576,803 | 616,624 | 736,448 | 616,275 | 496,104 | 991,370 | 990,900 | 990,437 | 989,980 | 989,530 | 989,086 | 1,232,650 | 1,238,820 |
Total stockholders’ equity | US$ in thousands | 854,562 | 829,340 | 811,750 | 841,353 | 845,250 | 785,311 | 775,009 | 797,893 | 796,409 | 788,202 | 820,866 | 915,290 | 950,186 | 1,054,870 | 1,097,500 | 1,029,610 | 938,033 | 821,881 | 733,278 | 716,002 |
Return on total capital | 19.38% | 24.39% | 25.94% | 25.15% | 25.04% | 22.21% | 23.35% | 22.79% | 25.44% | 25.43% | 29.27% | 33.54% | 25.68% | 24.30% | 23.48% | 19.93% | 9.91% | 12.06% | 9.43% | 11.73% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $262,140K ÷ ($498,127K + $854,562K)
= 19.38%
Carter’s Inc has shown fluctuations in its return on total capital over the period from March 31, 2020, to December 31, 2024. The return on total capital started at 11.73% in March 2020, decreased to 9.43% by June 2020, before increasing to 12.06% in September 2020. However, by December 2020, the return dropped to 9.91%.
Subsequently, there was a significant improvement in the return on total capital, with the percentage reaching 19.93% in March 2021 and further increasing to 33.54% by March 2022. The return then fluctuated between 22.21% and 29.27% from March 2022 to June 2023.
In the latter part of the period, from September 2023 to December 2024, the return on total capital ranged between 19.38% and 25.94%. While the return dropped to 19.38% by December 2024, it remained relatively stable compared to the peak in March 2022.
Overall, the return on total capital for Carter’s Inc has shown variability but generally improved from the initial period to a peak in March 2022 before moderating and stabilizing towards the end of the analyzed period.
Peer comparison
Dec 31, 2024