Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Newell Brands Inc
Physical assets are 27.5% of total assets, a light footprint. Capex is 0.79x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. EBITDA after capex covers debt service by 0.19x, which is below 1.
Fixed-asset turnover is 4.33x. Compare it with other names in the same basket.
Physical asset ratio
27.5%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
4.33x
Revenue per dollar of the physical asset base.
Capex / D&A
0.79x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-$5.60
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—
Price $5.77.
Fixed-charge coverage
0.19x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
0.7%
Latest free cash flow divided by current market cap ($2.46B).
ROIC
—
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.27x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 14.2% | 9.32x | 1.03x | -$6.91 | -9.88x | $295.60M | — | -8.46x |
| 2019 | 21.6% | 5.49x | 0.59x | -$8.56 | 1.58x | $779.10M | — | -0.27x |
| 2020 | 22.7% | 5.50x | 0.73x | -$7.59 | -0.86x | $1.17B | — | -0.37x |
| 2021 | 27.0% | 6.01x | 0.89x | -$6.35 | 4.06x | $595.00M | 9.0% | 0.57x |
| 2022 | 29.9% | 5.37x | 1.05x | -$5.82 | 0.44x | -$584.00M | 3.4% | 0.18x |
| 2023 | 26.8% | 4.71x | 0.85x | -$5.91 | -0.60x | $646.00M | — | -0.05x |
| 2024 | 27.5% | 4.67x | 0.80x | -$5.52 | 0.26x | $237.00M | — | 0.04x |
| 2025 | 27.5% | 4.33x | 0.79x | -$5.60 | 0.19x | $17.00M | — | 0.27x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: $1.66B
Inventory: $1.28B
Total assets: $10.72B
Goodwill: $3.10B
Intangibles: $1.63B
Liabilities: $8.32B
Tangible book: -$2.34B
Shares: 418,200,000
Revenue: $7.20B
Capex: $247.00M
D&A: $311.00M
EBITDA: $331.00M
Interest: $321.00M
Short-term debt: $130.00M
Free cash flow: $17.00M
Operating income: $447.00M
Invested capital: $7.41B
Tax rate: —