Urban Outfitters Inc (URBN)

Return on total capital

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	369,795	349,709	298,049	251,769	226,623	242,681	301,265	381,300	408,566	390,038	372,644	276,210	3,972	7,767	-15,472	-6,830	231,925	307,558	328,646	367,437
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	2,112,540	2,046,560	1,967,390	1,850,680	1,792,680	1,738,390	1,707,190	1,695,920	1,745,740	1,746,730	1,669,420	1,534,510	1,477,360	1,431,320	1,350,590	1,298,110	1,455,360	1,429,850	1,361,400	1,447,970
Return on total capital		17.50%	17.09%	15.15%	13.60%	12.64%	13.96%	17.65%	22.48%	23.40%	22.33%	22.32%	18.00%	0.27%	0.54%	-1.15%	-0.53%	15.94%	21.51%	24.14%	25.38%

January 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $369,795K ÷ ($—K + $2,112,540K)
= 17.50%

The return on total capital for Urban Outfitters Inc has shown some fluctuations over the past 20 quarters. The company's return on total capital ranged from a low of -1.15% in April 2020 to a high of 25.38% in April 2019. In the most recent quarter, ending January 31, 2024, the return on total capital was 17.50%.

Overall, the return on total capital has generally been positive, indicating that Urban Outfitters Inc has been generating healthy returns on its invested capital. However, there have been periods of volatility in the performance, as seen in the significant fluctuations in the ratios from quarter to quarter.

It is essential for investors and stakeholders to closely monitor Urban Outfitters Inc's return on total capital to assess the company's efficiency in generating returns from its total capital base and to evaluate its overall financial performance.