Stanley Black & Decker Inc (SWK)
Return on total capital
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 154,900 | 140,000 | 947,800 | 982,500 | 1,268,600 | 1,498,000 | 1,061,900 | 1,532,200 | 1,929,700 | 2,267,300 | 2,334,000 | 1,939,100 | 1,494,500 | 1,163,600 | 999,700 | 1,301,600 | 1,364,800 | 1,355,200 | 1,352,300 | 1,298,300 |
| Long-term debt | US$ in thousands | 6,101,000 | 6,099,200 | 6,099,900 | 6,101,100 | 5,352,900 | 5,350,500 | 5,351,800 | 5,355,500 | 4,353,600 | 4,246,900 | 4,246,200 | 4,245,700 | 4,245,400 | 4,658,500 | 4,658,700 | 4,662,600 | 3,176,400 | 3,908,800 | 3,909,100 | 3,909,400 |
| Total stockholders’ equity | US$ in thousands | 9,056,100 | 9,327,300 | 9,533,800 | 9,490,300 | 9,712,100 | 9,546,600 | 9,079,800 | 9,352,800 | 11,590,500 | 11,316,300 | 11,084,000 | 11,401,800 | 11,059,600 | 10,372,900 | 9,959,500 | 8,953,400 | 9,136,300 | 8,262,300 | 8,228,000 | 7,932,500 |
| Return on total capital | 1.02% | 0.91% | 6.06% | 6.30% | 8.42% | 10.06% | 7.36% | 10.42% | 12.10% | 14.57% | 15.22% | 12.39% | 9.76% | 7.74% | 6.84% | 9.56% | 11.08% | 11.13% | 11.14% | 10.96% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $154,900K ÷ ($6,101,000K + $9,056,100K)
= 1.02%
Stanley Black & Decker Inc's return on total capital has shown fluctuation over the past several quarters. The return on total capital was relatively low in the recent quarters, ranging from 0.91% to 1.02%. However, looking back over the past few years, the company has historically achieved higher returns on total capital, with figures ranging from 9.56% to 15.22%.
It is important to note that return on total capital provides insight into how efficiently a company is generating profits from its total capital base. The downward trend in the recent quarters may indicate challenges or changes in the company's operations impacting its profitability relative to its capital employed. Further analysis would be needed to understand the specific factors driving these fluctuations and to assess the long-term implications for Stanley Black & Decker Inc's overall financial health.
Peer comparison
Dec 31, 2023