VF Corporation (VFC)
Return on total capital
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 283,749 | -66,777 | -368,443 | -280,041 | -49,284 | 134,458 | 706,186 | 241,614 | 217,912 | 583,600 | 748,862 | 1,415,691 | 1,659,827 | 1,583,949 | 1,329,636 | 1,089,824 | 565,895 | 64,916 | 163,369 | 388,026 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,487,360 | 1,680,230 | 1,406,370 | 1,387,900 | 1,658,360 | 2,109,190 | 2,210,040 | 2,716,760 | 2,910,710 | 3,319,630 | 3,085,640 | 3,352,490 | 3,530,360 | 3,653,400 | 3,598,480 | 3,274,030 | 3,056,160 | 3,138,170 | 2,945,240 | 2,912,600 |
| Return on total capital | 19.08% | -3.97% | -26.20% | -20.18% | -2.97% | 6.37% | 31.95% | 8.89% | 7.49% | 17.58% | 24.27% | 42.23% | 47.02% | 43.36% | 36.95% | 33.29% | 18.52% | 2.07% | 5.55% | 13.32% |
March 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $283,749K ÷ ($—K + $1,487,360K)
= 19.08%
The return on total capital of VF Corporation has shown fluctuating trends over the past few years. The ratio, representing the company's ability to generate profits from the total capital employed, started at a negative level in June 2020 and continued to deteriorate until December 2020. However, from March 2021 onwards, there was a significant turnaround with positive returns being achieved. The ratio continued to improve steadily until reaching a peak in March 2022.
Subsequently, there was a slight dip in the return on total capital in June 2022 before another increase in September 2022. However, from that point onwards, the ratio experienced a declining trend, reaching negative figures again by September 2024. Overall, the return on total capital exhibited a mix of positive and negative performances, indicating fluctuations in the company's profitability relative to the capital invested.
Peer comparison
Mar 31, 2025