PVH Corp (PVH)
Return on total capital
| Feb 4, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 940,300 | 879,100 | 435,500 | 468,400 | 477,800 | 402,600 | 992,800 | 1,094,400 | 1,081,600 | 885,400 | 630,200 | 349,300 | -1,066,100 | -1,187,300 | -1,039,400 | -787,100 | 566,200 | 794,900 | 807,400 | 789,000 |
| Long-term debt | US$ in thousands | 1,591,700 | 1,571,300 | 1,619,600 | 2,193,000 | 2,177,000 | 2,109,100 | 2,155,500 | 2,216,500 | 2,317,600 | 2,605,200 | 2,782,500 | 3,018,200 | 3,513,700 | 3,464,100 | 3,498,300 | 2,854,200 | 2,693,900 | 2,738,400 | 2,743,000 | 2,759,400 |
| Total stockholders’ equity | US$ in thousands | 5,118,900 | 5,054,300 | 5,037,600 | 5,126,400 | 5,012,700 | 4,822,800 | 5,206,400 | 5,268,500 | 5,288,800 | 5,171,700 | 5,032,800 | 4,839,400 | 4,730,300 | 4,676,200 | 4,583,500 | 4,513,400 | 5,811,500 | 5,985,100 | 5,871,700 | 5,761,500 |
| Return on total capital | 14.01% | 13.27% | 6.54% | 6.40% | 6.65% | 5.81% | 13.49% | 14.62% | 14.22% | 11.38% | 8.06% | 4.45% | -12.93% | -14.59% | -12.86% | -10.68% | 6.66% | 9.11% | 9.37% | 9.26% |
February 4, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $940,300K ÷ ($1,591,700K + $5,118,900K)
= 14.01%
PVH Corp's return on total capital has exhibited fluctuations over the past several quarters. The return on total capital ranged between negative 14.59% to a high of 14.62% during this period. In recent quarters, the return on total capital has shown an improving trend, with the latest figure standing at 14.01%. This indicates that the company is effectively utilizing its total capital to generate returns for its stakeholders. However, it is important to note the variability in this metric, which may suggest changing operational efficiency or capital structure dynamics within the company. Continued monitoring of PVH Corp's return on total capital will be crucial to assess its long-term financial performance and sustainability.
Peer comparison
Feb 4, 2024