Fresh Del Monte Produce Inc (FDP)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 189,700 | 30,800 | 143,100 | 102,300 | 75,600 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,990,500 | 1,896,300 | 1,904,700 | 1,802,300 | 1,728,000 |
| Return on total capital | 9.53% | 1.62% | 7.51% | 5.68% | 4.38% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $189,700K ÷ ($—K + $1,990,500K)
= 9.53%
Based on the data provided, Fresh Del Monte Produce Inc's return on total capital has shown fluctuations over the past five years. The return on total capital increased from 4.38% as of December 31, 2020, to 9.53% as of December 31, 2024.
The company experienced a significant improvement in its return on total capital from 2020 to 2024, with the highest return achieved in 2024 at 9.53%. It is important to note the dip in the return on total capital in 2023 to 1.62%, which was the lowest return during the period analyzed.
Overall, the trend in Fresh Del Monte Produce Inc's return on total capital indicates some variability in performance over the years, with the company showing a notable improvement in generating returns on its capital investment by the end of 2024. This indicates that the company may have made strategic decisions or operational improvements that positively impacted its efficiency in utilizing its capital resources. However, continued monitoring will be necessary to assess the sustainability of these improvements.
Peer comparison
Dec 31, 2024