Monro Muffler Brake Inc (MNRO)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 71,885 | 79,750 | 20,747 | -4,878 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 620,761 | 656,775 | 694,922 | 782,906 | 749,684 |
| Return on total capital | 0.00% | 10.95% | 11.48% | 2.65% | -0.65% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $620,761K)
= 0.00%
The return on total capital for Monro Muffler Brake Inc has displayed significant fluctuations over the past five years. In March 2021, the company experienced a negative return on total capital of -0.65%, indicating that the capital employed did not generate sufficient returns. However, there was a notable improvement in March 2022, with the return increasing to 2.65%.
The trend continued positively into March 2023, where the return on total capital surged to 11.48%, signaling a substantial enhancement in capital efficiency. This improvement was sustained in March 2024, with a return on total capital of 10.95%, reflecting continued strength in capital utilization.
However, there was a notable decline in performance in March 2025, with the return on total capital dropping back to 0.00%, suggesting a potential dip in capital productivity or profitability. It is essential for Monro Muffler Brake Inc to closely monitor and manage its capital allocation strategies to ensure sustainable returns and maintain investor confidence.
Peer comparison
Mar 31, 2025