United Natural Foods Inc (UNFI)
Return on total capital
| Aug 3, 2024 | Jul 29, 2023 | Jul 30, 2022 | Jul 31, 2021 | Aug 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 8,000 | 145,000 | 459,000 | 387,000 | -173,000 |
| Long-term debt | US$ in thousands | 2,081,000 | 1,956,000 | 2,109,000 | 2,175,000 | 2,578,980 |
| Total stockholders’ equity | US$ in thousands | 1,641,000 | 1,743,000 | 1,791,000 | 1,515,000 | 1,145,000 |
| Return on total capital | 0.21% | 3.92% | 11.77% | 10.49% | -4.65% |
August 3, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $8,000K ÷ ($2,081,000K + $1,641,000K)
= 0.21%
United Natural Foods Inc's return on total capital has fluctuated over the past five years. In the most recent period, as of August 3, 2024, the company's return on total capital was minimal at 0.21%. This represents a significant decrease compared to the previous years, with returns of 3.92% in 2023, 11.77% in 2022, and 10.49% in 2021. In 2020, the company even experienced a negative return on total capital of -4.65%.
The downward trend in return on total capital could indicate potential challenges or inefficiencies in capital utilization, which may warrant further investigation and strategic adjustments by the company's management to improve performance and enhance overall profitability.
Peer comparison
Aug 3, 2024