ELF Beauty Inc (ELF)

Return on total capital

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands 152,400 67,718 27,544 6,938
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 642,572 411,017 312,429 269,646
Return on total capital 23.72% 16.48% 8.82% 2.57%

March 31, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —

ELF Beauty Inc's return on total capital has shown a positive trend over the period from March 31, 2021, to March 31, 2024. The return on total capital has increased from 2.57% in March 2021 to 23.72% in March 2024, indicating a substantial improvement in the company's efficiency in generating returns from its capital employed.

The significant increase in the return on total capital suggests that ELF Beauty Inc's management has been successful in deploying its capital more effectively to generate higher returns for its stakeholders. This improvement is a positive indicator of the company's operational performance and financial health during the period under review.

The return on total capital reaching 23.72% in March 2024 demonstrates that ELF Beauty Inc has been able to achieve solid profitability in relation to the total capital invested in the business. However, the absence of data for March 31, 2025, makes it challenging to assess the most recent performance trend. It would be important to continue monitoring the company's return on total capital to evaluate its financial efficiency and sustainability in the future.