Pilgrims Pride Corp (PPC)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,572,660 | 566,751 | 1,177,540 | 237,914 | 287,630 |
| Long-term debt | US$ in thousands | 3,206,110 | 3,340,840 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,239,410 | 3,331,370 | 2,840,810 | 2,577,080 | 2,563,760 |
| Return on total capital | 21.12% | 8.49% | 41.45% | 9.23% | 11.22% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,572,660K ÷ ($3,206,110K + $4,239,410K)
= 21.12%
Based on the provided data, Pilgrims Pride Corp's return on total capital has exhibited some variability over the years. In 2020, the return on total capital was 11.22%, which decreased to 9.23% in 2021. However, there was a significant spike in 2022, with a return on total capital of 41.45%. Subsequently, in 2023, the return decreased to 8.49%. Finally, in 2024, the return on total capital increased to 21.12%.
Overall, the trend in Pilgrims Pride Corp's return on total capital shows fluctuations over the years, with significant variability in performance. It is important for stakeholders to further investigate the factors contributing to these fluctuations to assess the company's operational efficiency and capital utilization.
Peer comparison
Dec 31, 2024