Aecom Technology Corporation (ACM)
Return on total capital
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 720,303 | 564,259 | 220,969 | 324,284 | 313,677 | 417,343 | 706,997 | 621,048 | 637,584 | 623,884 | 610,563 | 656,682 | 629,600 | 524,600 | 483,000 | 435,500 | 381,500 | 447,900 | 454,500 | 452,500 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,184,200 | 2,298,330 | 2,198,670 | 2,247,300 | 2,212,330 | 2,454,760 | 2,594,340 | 2,555,630 | 2,476,650 | 2,451,010 | 2,531,440 | 2,510,670 | 2,712,470 | 2,708,040 | 2,822,970 | 2,908,200 | 3,292,560 | 3,744,890 | 3,531,500 | 3,673,000 |
| Return on total capital | 32.98% | 24.55% | 10.05% | 14.43% | 14.18% | 17.00% | 27.25% | 24.30% | 25.74% | 25.45% | 24.12% | 26.16% | 23.21% | 19.37% | 17.11% | 14.97% | 11.59% | 11.96% | 12.87% | 12.32% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $720,303K ÷ ($—K + $2,184,200K)
= 32.98%
Aecom Technology Corporation has demonstrated varying levels of return on total capital over the past few quarters. The return on total capital indicates the efficiency with which the company utilizes its total capital to generate profits.
The return on total capital for Aecom has fluctuated between 10.05% to 32.98% over the analyzed period. The highest return was recorded at the end of September 2024 at 32.98%, indicating strong profitability relative to the total capital employed. On the other hand, the lowest return was observed at the end of March 2020 at 10.05%, reflecting lower efficiency in utilizing total capital to generate returns.
Overall, the return on total capital has shown a general upward trend since the end of 2020, with some fluctuations in between. This increasing trend suggests improved effectiveness in utilizing the company's total capital to generate profits. However, it is essential to monitor future trends to assess the company's ability to maintain or enhance its return on total capital in the long term.
Peer comparison
Sep 30, 2024