Tempur Sealy International Inc (TPX)
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 | 586,700 | 628,300 | 646,200 | 630,600 | 677,700 | 783,600 | 832,600 | 895,500 | 889,100 | 828,500 | 760,700 | 608,200 | 528,400 | 420,400 | 358,800 | 385,700 | 349,900 | 318,100 | 279,400 | 254,300 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1,502,600 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 333,400 | 223,700 | 147,500 | 43,600 | -12,300 | -143,300 | -180,900 | -91,300 | 285,800 | 371,000 | 410,100 | 327,200 | 503,600 | 456,200 | 249,700 | 208,400 | 359,500 | 336,500 | 305,900 | 253,500 |
| Return on total capital | 175.97% | 280.87% | 438.10% | 1,446.33% | — | — | — | — | 311.09% | 223.32% | 185.49% | 185.88% | 104.92% | 92.15% | 143.69% | 185.08% | 18.79% | 94.53% | 91.34% | 100.32% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $586,700K ÷ ($—K + $333,400K)
= 175.97%
Tempur Sealy International Inc's return on total capital has shown fluctuations over the past eight quarters. The trend indicates a general decrease from 35.78% in Q1 2022 to 20.97% in Q4 2023. However, it is worth noting that the company's return on total capital remained above 20% in all quarters, reflecting the company's ability to generate profit relative to its total capital employed. Further analysis is required to understand the factors contributing to the fluctuations in the return on total capital and to assess the company's overall financial performance and efficiency in utilizing its capital resources over time.
Peer comparison
Dec 31, 2023