PVH Corp (PVH)
Return on total capital
| Feb 4, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 940,300 | 477,800 | 1,081,600 | -1,066,100 | 566,200 |
| Long-term debt | US$ in thousands | 1,591,700 | 2,177,000 | 2,317,600 | 3,513,700 | 2,693,900 |
| Total stockholders’ equity | US$ in thousands | 5,118,900 | 5,012,700 | 5,288,800 | 4,730,300 | 5,811,500 |
| Return on total capital | 14.01% | 6.65% | 14.22% | -12.93% | 6.66% |
February 4, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $940,300K ÷ ($1,591,700K + $5,118,900K)
= 14.01%
PVH Corp's return on total capital has shown fluctuations over the past five years. In the most recent fiscal year ending on February 4, 2024, the return on total capital was 14.01%, indicating a positive performance in generating profits relative to the total capital employed. This represents a significant improvement compared to the preceding year when the return on total capital was 6.65%.
Looking further back, in January 2022, PVH Corp achieved a return on total capital of 14.22%, showcasing a solid performance in utilizing its capital effectively to generate returns for the shareholders. However, the company faced challenges in the fiscal year ending on January 31, 2021, as indicated by a negative return on total capital of -12.93%. This suggests that during that period, the company experienced difficulties in generating profits relative to the capital invested.
In comparison, the fiscal year ending on February 2, 2020, saw a return on total capital of 6.66%, reflecting a moderate performance in leveraging its total capital to generate returns. Overall, PVH Corp's return on total capital has demonstrated variability over the years, with a notable improvement in the most recent fiscal year.
Peer comparison
Feb 4, 2024