Foot Locker Inc (FL)
Return on total capital
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 142,000 | 168,000 | 281,000 | 422,000 | 581,000 | 640,000 | 676,000 | 798,000 | 860,000 | 903,000 | 885,000 | 690,000 | 303,000 | 318,000 | 304,000 | 316,000 | 649,000 | 692,000 | 672,000 | 703,000 |
| Long-term debt | US$ in thousands | 395,000 | 395,000 | 395,000 | 395,000 | 395,000 | 395,000 | 394,000 | 394,000 | 394,000 | 492,000 | 99,000 | 99,000 | 100,000 | 120,000 | 121,000 | 121,000 | 122,000 | 122,000 | 123,000 | 123,000 |
| Total stockholders’ equity | US$ in thousands | 2,890,000 | 3,205,000 | 3,247,000 | 3,283,000 | 3,293,000 | 3,259,000 | 3,217,000 | 3,215,000 | 3,243,000 | 3,342,000 | 3,341,000 | 2,930,000 | 2,776,000 | 2,652,000 | 2,403,000 | 2,314,000 | 2,473,000 | 2,427,000 | 2,512,000 | 2,602,000 |
| Return on total capital | 4.32% | 4.67% | 7.72% | 11.47% | 15.75% | 17.52% | 18.72% | 22.11% | 23.65% | 23.55% | 25.73% | 22.78% | 10.54% | 11.47% | 12.04% | 12.98% | 25.01% | 27.15% | 25.50% | 25.80% |
February 3, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $142,000K ÷ ($395,000K + $2,890,000K)
= 4.32%
Foot Locker Inc's return on total capital has shown some fluctuation over the past few quarters. The return on total capital was relatively low at 4.32% in the most recent period, indicating that the company generated a return of 4.32% for every dollar of total capital employed. This was a decrease from the previous quarter's return of 4.67%.
Looking back further, Foot Locker Inc's return on total capital has shown variability with some periods of stronger performance. For example, in May 2021, the company achieved a return of 25.73%, significantly higher than the most recent quarter. This highlights the company's ability to generate higher returns on its capital investments in certain periods.
Overall, the trend in Foot Locker Inc's return on total capital appears to have been somewhat volatile, with periods of both lower and higher returns. It is important for investors and stakeholders to monitor this ratio closely to assess the company's efficiency in generating returns from its total capital base.
Peer comparison
Feb 3, 2024