Foot Locker Inc (FL)
Return on total capital
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 142,000 | 581,000 | 870,000 | 309,000 | 649,000 |
| Long-term debt | US$ in thousands | 395,000 | 395,000 | 394,000 | 100,000 | 122,000 |
| Total stockholders’ equity | US$ in thousands | 2,890,000 | 3,293,000 | 3,243,000 | 2,776,000 | 2,473,000 |
| Return on total capital | 4.32% | 15.75% | 23.92% | 10.74% | 25.01% |
February 3, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $142,000K ÷ ($395,000K + $2,890,000K)
= 4.32%
Foot Locker Inc's return on total capital has fluctuated over the past five years. The return on total capital was 4.32% as of February 3, 2024, a significant decrease from the previous year's 15.75%. However, it is important to note that the return on total capital was relatively high in January 2022 at 23.92%. This suggests that the company's ability to generate profits relative to the total capital employed has varied over the years. Investors and stakeholders should closely monitor Foot Locker's strategies and financial performance to assess the sustainability of its returns on total capital.
Peer comparison
Feb 3, 2024