SpartanNash Co (SPTN)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 88,928 | 113,260 | 106,529 | 102,924 | 107,731 | 95,213 | 96,708 | 97,950 | 48,429 | 56,683 | 28,103 | -3,402 | 38,013 | 46,094 | 61,571 | 91,510 | 64,035 | 61,817 | 78,957 | 86,671 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 743,490 | 781,308 | 776,341 | 785,205 | 778,182 | 777,267 | 777,267 | 768,397 | 768,397 | 759,454 | 759,454 | 766,068 | 780,410 | 780,410 | 793,722 | 795,304 | 795,304 | 782,869 | 765,566 | 765,566 |
| Return on total capital | 11.96% | 14.50% | 13.72% | 13.11% | 13.84% | 12.25% | 12.44% | 12.75% | 6.30% | 7.46% | 3.70% | -0.44% | 4.87% | 5.91% | 7.76% | 11.51% | 8.05% | 7.90% | 10.31% | 11.32% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $88,928K ÷ ($—K + $743,490K)
= 11.96%
The return on total capital for SpartanNash Co has shown fluctuation over the periods provided. From September 2021 to December 2022, the return on total capital decreased steadily, reaching a negative figure by December 2022. However, starting from March 2023, there was a gradual improvement in the return on total capital, with occasional fluctuations but overall showing an upward trend.
The return on total capital peaked at 14.50% in September 2024 and then decreased slightly by the end of December 2024 to 11.96%. This indicates that the company was able to generate a return of 11.96% on the total capital employed in its operations by the end of December 2024, signifying a positive trend in utilizing its capital effectively.
It is essential for SpartanNash Co to continue monitoring and optimizing its return on total capital to ensure efficient utilization of resources and sustainable profitability in the long term.
Peer comparison
Dec 31, 2024