Walgreens Boots Alliance Inc (WBA)
Return on total capital
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -6,909,000 | -6,293,000 | -6,809,000 | 657,000 | -4,359,000 | -4,728,000 | -4,534,000 | -4,293,000 | 4,706,000 | 6,552,000 | 8,385,000 | 8,435,000 | 4,115,000 | 3,547,000 | -44,000 | 2,000 | 1,424,000 | 1,504,000 | 4,475,000 | 4,787,000 |
| Long-term debt | US$ in thousands | 8,044,000 | 7,407,000 | 7,535,000 | 7,585,000 | 8,145,000 | 8,841,000 | 8,820,000 | 7,789,000 | 10,615,000 | 10,670,000 | 11,203,000 | 11,199,000 | 7,675,000 | 7,732,000 | 10,998,000 | 10,973,000 | 12,203,000 | 12,111,000 | 10,625,000 | 10,628,000 |
| Total stockholders’ equity | US$ in thousands | 10,445,000 | 13,642,000 | 13,484,000 | 19,481,000 | 20,020,000 | 21,063,000 | 21,192,000 | 20,576,000 | 25,275,000 | 26,253,000 | 26,702,000 | 26,263,000 | 23,419,000 | 22,101,000 | 21,112,000 | 20,059,000 | 20,637,000 | 20,736,000 | 23,720,000 | 23,661,000 |
| Return on total capital | -37.37% | -29.90% | -32.39% | 2.43% | -15.48% | -15.81% | -15.11% | -15.13% | 13.11% | 17.75% | 22.12% | 22.52% | 13.23% | 11.89% | -0.14% | 0.01% | 4.34% | 4.58% | 13.03% | 13.96% |
August 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-6,909,000K ÷ ($8,044,000K + $10,445,000K)
= -37.37%
Walgreens Boots Alliance Inc's return on total capital has fluctuated significantly over the past few years. The company experienced negative returns on total capital in most recent periods, with figures ranging from -37.37% in August 2024 to -15.11% in February 2023. However, there were also periods of positive returns, such as 22.52% in February 2022 and 17.75% in May 2022.
Overall, the return on total capital for Walgreens Boots Alliance Inc has shown fluctuations, indicating varying levels of profitability and efficiency in utilizing its capital resources. The negative returns in recent periods may suggest challenges or inefficiencies impacting the company's ability to generate profits relative to its total capital employed. Further analysis and monitoring of the company's financial performance and operational strategies may be warranted to understand and address these fluctuations.
Peer comparison
Aug 31, 2024