Enersys (ENS)

Return on total capital

Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 349,109 275,455 211,716 210,871 192,810
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,753,640 1,600,280 1,489,370 1,539,760 1,300,520
Return on total capital 19.91% 17.21% 14.22% 13.70% 14.83%

March 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $349,109K ÷ ($—K + $1,753,640K)
= 19.91%

Enersys' return on total capital has shown a positive trend over the past five years, with a consistent increase from 7.92% in 2020 to 13.39% in 2024. This indicates that the company has been able to generate a higher return relative to the total capital employed in its operations, reflecting improved efficiency and profitability. The steady improvement in return on total capital suggests effective management of resources and strategic decision-making by the company's leadership. Overall, Enersys' increasing return on total capital over the years signifies a positive financial performance and a potential sign of sustainable growth.


Peer comparison

Mar 31, 2024

Company name
Symbol
Return on total capital
Enersys
ENS
19.91%
WESCO International Inc
WCC
26.47%