YETI Holdings Inc (YETI)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 245,376 | 226,888 | 120,643 | 271,749 | 214,356 |
| Long-term debt | US$ in thousands | 72,821 | 78,645 | 71,741 | 95,741 | 111,017 |
| Total stockholders’ equity | US$ in thousands | 740,107 | 723,610 | 526,477 | 517,823 | 288,418 |
| Return on total capital | 30.18% | 28.28% | 20.17% | 44.29% | 53.66% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $245,376K ÷ ($72,821K + $740,107K)
= 30.18%
YETI Holdings Inc's return on total capital has shown a fluctuating trend over the past five years. Starting at a robust level of 53.66% on December 31, 2020, the return decreased to 44.29% by December 31, 2021. There was a significant drop in the return to 20.17% by December 31, 2022. However, the return bounced back to 28.28% by December 31, 2023, and further improved to 30.18% by December 31, 2024.
The decline in return on total capital from 2020 to 2022 may indicate potential challenges faced by the company during that period. However, the subsequent recovery and improvement in the return suggest that management may have taken corrective actions to address these challenges and enhance capital efficiency. Overall, YETI Holdings Inc's return on total capital has demonstrated resilience and a capacity for recovery in the face of business fluctuations.
Peer comparison
Dec 31, 2024