Winnebago Industries Inc (WGO)
Return on total capital
| Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 177,300 | 252,600 | 299,700 | 361,600 | 446,300 | 501,600 | 555,900 | 555,364 | 492,893 | 462,879 | 407,900 | 356,648 | 246,020 | 175,648 | 114,737 | 90,841 | 148,274 | 147,470 | 156,848 | 157,802 |
| Long-term debt | US$ in thousands | 694,800 | 593,100 | 592,400 | 591,700 | 591,000 | 590,400 | 545,900 | 541,453 | 536,990 | 532,739 | 528,559 | 524,450 | 520,284 | 516,527 | 512,630 | 451,306 | 451,134 | 450,848 | 245,402 | 253,071 |
| Total stockholders’ equity | US$ in thousands | 1,324,600 | 1,354,000 | 1,368,100 | 1,361,300 | 1,337,300 | 1,288,600 | 1,263,000 | 1,263,900 | 1,209,000 | 1,159,300 | 1,056,900 | 1,010,260 | 942,364 | 871,558 | 827,500 | 784,810 | 801,524 | 785,609 | 632,212 | 602,993 |
| Return on total capital | 8.78% | 12.97% | 15.29% | 18.52% | 23.14% | 26.70% | 30.73% | 30.76% | 28.23% | 27.36% | 25.73% | 23.24% | 16.82% | 12.65% | 8.56% | 7.35% | 11.84% | 11.93% | 17.87% | 18.43% |
February 24, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $177,300K ÷ ($694,800K + $1,324,600K)
= 8.78%
Winnebago Industries Inc's return on total capital has fluctuated over the past several periods. The return on total capital was highest at 30.76% in the quarter ending August 27, 2022, and then slightly decreased to 28.23% in the following quarter. Subsequently, the return on total capital experienced a further decline to 27.36% in the quarter ending November 27, 2021.
However, there was a notable increase in return on total capital to 23.24% in the quarter ending February 27, 2021, following a previous dip. This was followed by a period of fluctuation before experiencing another significant decline to 7.35% in the quarter ending May 30, 2020.
Overall, Winnebago Industries Inc's return on total capital has shown variability, indicating fluctuations in the company's efficiency in generating profits from its invested capital. It is important for the company to consistently monitor and manage its total capital to ensure sustainable and optimal returns for its shareholders.
Peer comparison
Feb 24, 2024