Energizer Holdings Inc (ENR)
Return on total capital
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 209,500 | 176,400 | 278,000 | 289,300 | 344,400 | -152,900 | -129,300 | -155,400 | -147,100 | 379,800 | 335,800 | 294,900 | 316,000 | 220,600 | 248,900 | 161,200 | 132,400 | 230,400 | 201,200 | 266,700 |
| Long-term debt | US$ in thousands | 3,193,000 | 3,213,400 | 3,225,800 | 3,303,300 | 3,332,100 | 3,377,000 | 3,414,600 | 3,506,600 | 3,499,400 | 3,544,600 | 3,592,600 | 3,318,300 | 3,333,400 | 3,355,600 | 3,352,200 | 3,345,000 | 3,306,900 | 3,252,500 | 3,010,600 | 3,383,600 |
| Total stockholders’ equity | US$ in thousands | 135,800 | 123,400 | 191,300 | 170,600 | 210,700 | 166,900 | 148,400 | 130,800 | 130,600 | 499,700 | 461,300 | 409,400 | 355,700 | 340,600 | 344,400 | 329,600 | 309,100 | 329,600 | 373,700 | 587,500 |
| Return on total capital | 6.29% | 5.29% | 8.14% | 8.33% | 9.72% | -4.31% | -3.63% | -4.27% | -4.05% | 9.39% | 8.28% | 7.91% | 8.57% | 5.97% | 6.73% | 4.39% | 3.66% | 6.43% | 5.95% | 6.72% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $209,500K ÷ ($3,193,000K + $135,800K)
= 6.29%
Energizer Holdings Inc's return on total capital has shown fluctuations over the past few quarters. In the most recent quarter ending September 30, 2024, the return on total capital was 6.29%, showing a slight improvement from the previous quarter's 5.29%. This indicates that the company is generating a return of 6.29% on its total invested capital.
Looking further back, the return on total capital reached its highest point at 9.72% in the quarter ended September 30, 2023, then experienced a significant decrease to -4.31% in the following quarter. This negative return suggests that the company's capital investments did not yield positive returns during that period.
Overall, while there have been periods of both positive and negative returns on total capital, the average return over the periods analyzed is around 5-9%, indicating moderate performance in generating returns on the total capital invested in the company. Investors and stakeholders may want to closely monitor these fluctuations and assess the company's capital allocation and operational efficiency to ensure sustainable and consistent returns in the future.
Peer comparison
Sep 30, 2024