United Natural Foods Inc (UNFI)
Return on total capital
| Aug 3, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 19,000 | -52,000 | -21,000 | 26,000 | 145,000 | 290,000 | 382,000 | 450,000 | 459,000 | 468,000 | 443,000 | 435,000 | 387,000 | 392,114 | 416,715 | 295,033 | -173,140 | -139,115 | -167,734 | -547,879 |
| Long-term debt | US$ in thousands | 2,081,000 | 2,151,000 | 2,180,000 | 2,301,000 | 1,956,000 | 2,032,000 | 2,077,000 | 2,499,000 | 2,109,000 | 2,391,000 | 2,323,000 | 2,390,000 | 2,175,000 | 2,327,400 | 2,387,240 | 2,633,400 | 2,578,980 | 2,560,880 | 2,935,980 | 3,070,460 |
| Total stockholders’ equity | US$ in thousands | 1,641,000 | 1,681,000 | 1,692,000 | 1,699,000 | 1,743,000 | 1,841,000 | 1,842,000 | 1,835,000 | 1,791,000 | 1,785,000 | 1,684,000 | 1,589,000 | 1,515,000 | 1,302,440 | 1,230,220 | 1,150,140 | 1,145,000 | 1,169,820 | 1,102,060 | 1,126,560 |
| Return on total capital | 0.51% | -1.36% | -0.54% | 0.65% | 3.92% | 7.49% | 9.75% | 10.38% | 11.77% | 11.21% | 11.06% | 10.93% | 10.49% | 10.80% | 11.52% | 7.80% | -4.65% | -3.73% | -4.15% | -13.05% |
August 3, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $19,000K ÷ ($2,081,000K + $1,641,000K)
= 0.51%
United Natural Foods Inc's return on total capital has been fluctuating over the past few quarters. Historically, the company has experienced both positive and negative returns on total capital, indicating variability in the efficiency of utilizing its capital resources.
In the most recent period, the return on total capital was 0.51%, slightly positive but lower compared to some previous quarters. The negative returns in some periods, such as April 27, 2024, October 31, 2020, and November 2, 2019, reflect challenges faced by the company in generating profits relative to the capital employed.
The highest return on total capital was reported on January 28, 2023, at 11.77%, followed by a consistent trend of strong returns in subsequent quarters. This suggests that the company was able to generate higher returns on the total capital invested during that period.
Overall, United Natural Foods Inc's return on total capital has shown variability, with a mix of positive and negative trends. It is essential for the company to focus on improving efficiency in using its capital to drive sustainable profitability and long-term growth.
Peer comparison
Aug 3, 2024