YETI Holdings Inc (YETI)
Return on total capital
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 241,275 | 261,135 | 249,342 | 233,524 | 226,912 | 87,290 | 90,634 | 101,544 | 120,632 | 250,928 | 257,232 | 266,190 | 271,749 | 261,280 | 263,820 | 239,789 | 214,362 | 143,233 | 106,904 | 94,514 |
| Long-term debt | US$ in thousands | 72,821 | 74,415 | 75,829 | 77,379 | 78,645 | 79,529 | 81,106 | 65,719 | 71,741 | 77,756 | 83,575 | 89,574 | 95,741 | 101,723 | 107,756 | 105,518 | 111,017 | 215,823 | 270,846 | 326,282 |
| Total stockholders’ equity | US$ in thousands | 740,107 | 769,981 | 705,860 | 646,899 | 723,610 | 638,785 | 587,206 | 542,561 | 526,477 | 550,661 | 499,861 | 446,367 | 517,823 | 439,640 | 384,094 | 321,275 | 288,418 | 222,633 | 169,029 | 131,647 |
| Return on total capital | 29.68% | 30.93% | 31.90% | 32.24% | 28.28% | 12.15% | 13.56% | 16.69% | 20.17% | 39.93% | 44.09% | 49.67% | 44.29% | 48.26% | 53.64% | 56.18% | 53.67% | 32.67% | 24.30% | 20.64% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $241,275K ÷ ($72,821K + $740,107K)
= 29.68%
YETI Holdings Inc's return on total capital has shown fluctuations over the periods provided. The trend indicates an overall upward trajectory from March 31, 2020, to March 31, 2022, reaching its peak at 56.18% in March 31, 2021. However, starting from June 30, 2022, the return on total capital began to decline gradually, hitting 29.68% by December 31, 2024.
The company has demonstrated strong performance in generating returns relative to its total capital investment in the earlier periods. Still, there seems to be a moderation in the return on total capital in the latter part of the timeline. This may indicate a potential change in the company's efficiency in utilizing its total capital to generate profits.
It is crucial for investors and stakeholders to monitor this ratio closely to assess YETI Holdings Inc's ability to generate returns on the capital employed, as it provides insights into the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024