Procter & Gamble Company (PG)
Return on total capital
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 18,545,000 | 19,024,000 | 18,383,000 | 18,071,000 | 16,223,000 |
| Long-term debt | US$ in thousands | 25,269,000 | 24,378,000 | 22,848,000 | 23,099,000 | 23,537,000 |
| Total stockholders’ equity | US$ in thousands | 50,559,000 | 47,065,000 | 46,854,000 | 46,654,000 | 46,878,000 |
| Return on total capital | 24.46% | 26.63% | 26.37% | 25.91% | 23.04% |
June 30, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $18,545,000K ÷ ($25,269,000K + $50,559,000K)
= 24.46%
Procter & Gamble Company's return on total capital has exhibited a consistent trend over the past five years. The return on total capital decreased slightly from 26.63% in 2023 to 24.46% in 2024. However, despite this minor decline, the company has maintained a strong performance in generating returns relative to its total capital investment. The company's return on total capital has remained above 20% for the past five years, indicating efficient capital utilization and effective management of the company's assets to generate profits. Overall, Procter & Gamble Company's consistent and robust return on total capital reflects its ability to generate attractive returns for its investors.
Peer comparison
Jun 30, 2024