Flowers Foods Inc (FLO)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 366,071 | 355,375 | 206,422 | 53,490 | 39,468 | 76,212 | 231,759 | 379,059 | 349,779 | 319,752 | 274,401 | 252,328 | 307,204 | 369,283 | 367,603 | 353,478 | 295,284 | 251,617 | 277,253 | 326,250 |
| Long-term debt | US$ in thousands | — | — | — | — | — | 1,037,840 | — | 1,074,540 | — | 1,063,240 | — | — | 891,542 | — | — | 891,007 | — | — | 890,180 | — |
| Total stockholders’ equity | US$ in thousands | 1,410,110 | 1,406,530 | 1,384,410 | 1,375,880 | 1,351,780 | 1,374,650 | 1,374,650 | 1,470,070 | 1,470,070 | 1,461,590 | 1,461,590 | 1,443,290 | 1,434,760 | 1,434,760 | 1,447,470 | 1,459,420 | 1,459,420 | 1,411,270 | 1,411,930 | 1,411,930 |
| Return on total capital | 25.96% | 25.27% | 14.91% | 3.89% | 2.92% | 3.16% | 16.86% | 14.90% | 23.79% | 12.66% | 18.77% | 17.48% | 13.21% | 25.74% | 25.40% | 15.04% | 20.23% | 17.83% | 12.04% | 23.11% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $366,071K ÷ ($—K + $1,410,110K)
= 25.96%
The return on total capital for Flowers Foods Inc has fluctuated over the time period provided. From September 2021 to December 2021, the return on total capital increased steadily, peaking at 23.11% in September 2021 and reaching 17.83% by December 2021. Subsequently, there was a slight dip by April 2022 to 15.04%, followed by a rebound to 25.40% in June 2022.
The return on total capital remained relatively high until October 2022, at which point it decreased to 13.21%. There was a gradual increase again, reaching 23.79% by June 2023. However, there was then a decline in the return on total capital, dropping to 2.92% by December 2023.
The return on total capital experienced fluctuations in the following periods but demonstrated a strong recovery by the end of December 2024, reaching 25.96%. Overall, the return on total capital for Flowers Foods Inc showed variability over the period analyzed, with both peaks and troughs in the performance of the company in generating returns relative to its total capital employed.
Peer comparison
Dec 31, 2024