Dick’s Sporting Goods Inc (DKS)
Return on total capital
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,282,363 | 1,221,182 | 1,273,702 | 1,422,121 | 1,463,019 | 1,627,436 | 1,721,840 | 1,925,215 | 2,034,503 | 1,849,430 | 1,675,655 | 1,403,459 | 741,477 | 550,188 | 349,720 | 113,366 | 375,612 | 418,710 | 425,951 | 433,475 |
| Long-term debt | US$ in thousands | 0 | 0 | 0 | 0 | 58,271 | 152,006 | 368,478 | 466,026 | 449,287 | 441,186 | 433,456 | 425,799 | 418,500 | 411,256 | 404,573 | 1,827,120 | 224,100 | 719,300 | 441,500 | 369,500 |
| Total stockholders’ equity | US$ in thousands | 2,617,280 | 2,384,700 | 2,644,360 | 2,674,170 | 2,524,620 | 2,377,170 | 2,173,510 | 2,194,610 | 2,101,590 | 2,530,820 | 3,005,380 | 2,598,720 | 2,339,530 | 2,121,640 | 1,930,300 | 1,672,020 | 1,731,600 | 1,708,900 | 1,765,090 | 1,826,040 |
| Return on total capital | 49.00% | 51.21% | 48.17% | 53.18% | 56.64% | 64.35% | 67.74% | 72.36% | 79.76% | 62.23% | 48.73% | 46.40% | 26.88% | 21.72% | 14.98% | 3.24% | 19.21% | 17.24% | 19.30% | 19.74% |
February 3, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,282,363K ÷ ($0K + $2,617,280K)
= 49.00%
Dick’s Sporting Goods Inc has shown a fluctuating trend in its return on total capital over the past several quarters. The return on total capital has ranged from a low of 3.24% to a high of 79.76%. Notably, there was a significant increase in return on total capital from May 2, 2020, to July 30, 2022, with the ratio peaking at 79.76% in January 29, 2022. However, the return on total capital experienced a decline in the following quarters, dropping to 62.23% in October 30, 2021, and further decreasing to 46.40% in July 31, 2021.
It is essential for investors and stakeholders to monitor the company's management of total capital to ensure sustainable growth and profitability. Additionally, analyzing the factors contributing to the fluctuations in return on total capital can provide insights into the company's financial performance and efficiency in utilizing its capital resources.
Peer comparison
Feb 3, 2024