Fortune Brands Innovations Inc. (FBIN)
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 | 737,900 | 693,500 | 684,900 | 638,400 | 614,800 | 663,200 | 659,400 | 726,300 | 774,300 | 786,200 | 881,400 | 958,100 | 1,023,400 | 1,001,300 | 952,100 | 831,700 | 747,700 | 737,000 | 666,500 | 694,200 |
| Long-term debt | US$ in thousands | 2,173,700 | 2,277,800 | 2,401,700 | 3,044,700 | 2,670,100 | 2,829,300 | 2,668,500 | 2,074,900 | 2,074,300 | 2,786,900 | 3,357,900 | 3,367,900 | 2,309,800 | 2,629,100 | 2,608,300 | 2,682,800 | 2,572,200 | 2,086,500 | 2,245,900 | 2,035,200 |
| Total stockholders’ equity | US$ in thousands | 2,422,000 | 2,395,900 | 2,330,600 | 2,280,800 | 2,293,400 | 2,219,000 | 2,177,100 | 2,082,500 | 2,086,900 | 3,030,100 | 2,952,400 | 2,914,800 | 3,064,800 | 3,054,600 | 3,043,500 | 2,924,400 | 2,775,500 | 2,628,600 | 2,461,800 | 2,357,000 |
| Return on total capital | 16.06% | 14.84% | 14.47% | 11.99% | 12.39% | 13.14% | 13.61% | 17.47% | 18.61% | 13.52% | 13.97% | 15.25% | 19.04% | 17.62% | 16.85% | 14.83% | 13.98% | 15.63% | 14.16% | 15.81% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $737,900K ÷ ($2,173,700K + $2,422,000K)
= 16.06%
Fortune Brands Innovations Inc.'s return on total capital has shown fluctuations over the analyzed period. The return on total capital ranged from a low of 11.99% as of March 31, 2024, to a high of 19.04% as of December 31, 2021. It peaked progressively from September 30, 2021, to December 31, 2022, before experiencing a decline in the first half of 2023.
During the final quarter of 2024, the return on total capital increased to 16.06%. This indicates that the company's ability to generate profits from its total capital employed improved towards the end of the analyzed period after a slight dip. However, it is essential to further investigate the underlying factors contributing to these fluctuations to determine the sustainability and efficiency of Fortune Brands Innovations Inc.'s capital utilization and profitability.
Peer comparison
Dec 31, 2024