Somnigroup International Inc. (SGI)
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 | 601,400 | 677,700 | 889,100 | 528,400 | 349,900 |
| Long-term debt | US$ in thousands | — | — | — | — | 1,502,600 |
| Total stockholders’ equity | US$ in thousands | 333,400 | -12,300 | 285,800 | 503,600 | 359,500 |
| Return on total capital | 180.38% | — | 311.09% | 104.92% | 18.79% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $601,400K ÷ ($—K + $333,400K)
= 180.38%
Somnigroup International Inc.'s return on total capital experienced significant fluctuations over the years. It was 18.79% as of December 31, 2019, increased sharply to 104.92% by December 31, 2020, and further surged to 311.09% by December 31, 2021. However, there seems to be missing data as indicated by the dash ("—") for December 31, 2022. Subsequently, the return on total capital dropped to 180.38% by December 31, 2023. These fluctuations suggest varying levels of efficiency in utilizing the company's total capital to generate profits during the analyzed period. Further investigation and comparison to industry benchmarks may be necessary to fully evaluate the performance and sustainability of the company's return on total capital.
Peer comparison
Dec 31, 2023