National Vision Holdings Inc (EYE)
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 | -7,529 | 4,181 | 15,722 | 21,585 | 29,452 | 33,437 | 46,512 | 61,938 | 66,364 | 84,281 | 118,370 | 152,138 | 177,207 | 226,043 | 230,126 | 132,744 | 86,852 | 38,336 | -15,132 | 48,304 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 816,333 | 839,997 | 843,408 | 841,319 | 829,418 | 840,352 | 908,412 | 896,726 | 901,113 | 906,925 | 891,669 | 950,726 | 925,980 | 988,557 | 938,337 | 887,532 | 906,502 | 864,963 | 820,939 | 786,160 |
| Return on total capital | -0.92% | 0.50% | 1.86% | 2.57% | 3.55% | 3.98% | 5.12% | 6.91% | 7.36% | 9.29% | 13.28% | 16.00% | 19.14% | 22.87% | 24.52% | 14.96% | 9.58% | 4.43% | -1.84% | 6.14% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-7,529K ÷ ($—K + $816,333K)
= -0.92%
Based on the historical data provided for National Vision Holdings Inc, the return on total capital has experienced fluctuations over the reporting periods. The return on total capital is a key financial ratio that indicates how effectively a company is utilizing its capital to generate profits.
From March 31, 2020, to December 31, 2020, the return on total capital showed an increasing trend, reaching a peak of 9.58%. Subsequently, from March 31, 2021, to June 30, 2022, the return on total capital displayed a strong performance, surpassing 10% in each period and peaking at 24.52% on June 30, 2021. This indicates that National Vision Holdings Inc was efficiently generating returns on its capital investments during this period.
However, from September 30, 2022, to December 31, 2024, the return on total capital exhibited a declining trend, dropping to negative territory by December 31, 2024 (-0.92%). This suggests that there may have been challenges in the company's capital utilization and profitability during these periods.
Overall, it is essential for investors and stakeholders to closely monitor the return on total capital of National Vision Holdings Inc to assess the company's efficiency in generating profits from its capital investments and to identify any potential areas for improvement in management strategies.
Peer comparison
Dec 31, 2024