Oxford Industries Inc (OXM)

Return on total capital

		Feb 28, 2025	Feb 29, 2024	Feb 3, 2024	Feb 28, 2023	Jan 28, 2023
Earnings before interest and tax (EBIT)	US$ in thousands	119,036	80,982	80,982	218,774	218,774
Long-term debt	US$ in thousands	—	—	29,304	—	119,011
Total stockholders’ equity	US$ in thousands	622,560	560,914	560,914	556,270	556,270
Return on total capital		19.12%	14.44%	13.72%	39.33%	32.40%

February 28, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $119,036K ÷ ($—K + $622,560K)
= 19.12%

The return on total capital for Oxford Industries Inc has shown some fluctuations over the period under consideration. Starting from January 28, 2023, where it stood at 32.40%, there was a substantial increase by February 28, 2023, reaching 39.33%. However, there was a notable decline by February 3, 2024, to 13.72%. The return on total capital slightly improved by February 29, 2024, to 14.44% but was still below the initial high levels. By February 28, 2025, there was a further increase to 19.12%, indicating some recovery in the company's efficiency in generating returns from its total capital. The trend suggests some volatility in the company's performance in utilizing its capital effectively to generate profits. Further analysis of the underlying factors driving these fluctuations would be necessary to assess the sustainability and strategic implications of these changes in return on total capital.