Sealed Air Corporation (SEE)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 695,000 | 891,900 | 899,600 | 819,400 | 523,700 |
| Long-term debt | US$ in thousands | 20,100 | 23,600 | 25,700 | 24,900 | 30,900 |
| Total stockholders’ equity | US$ in thousands | 549,500 | 344,100 | 248,700 | 172,500 | -196,200 |
| Return on total capital | 122.02% | 242.56% | 327.84% | 415.10% | — |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $695,000K ÷ ($20,100K + $549,500K)
= 122.02%
Sealed Air Corp.'s return on total capital has shown a fluctuating trend over the last five years. The return on total capital was 15.64% in 2023, a decrease from the prior year but still a respectable figure. In 2022, the company achieved a high return of 23.63%, indicating strong efficiency in generating profits from its total capital invested. The return on total capital was also robust in 2021 at 21.98% and in 2020 at 20.32%. The lowest return over the period was in 2019 at 17.15%, which suggests a somewhat lower level of profitability relative to the other years analyzed. Overall, Sealed Air Corp.'s performance in terms of return on total capital demonstrates varying levels of efficiency in utilizing its total capital resources to generate profits over the years.
Peer comparison
Dec 31, 2023