ADEIA CORP (ADEA)

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 128,609 94,394 106,390 100,471 136,230 146,206 121,731 138,729 153,060 136,784 158,629 155,369 119,028 381,671 325,221 276,041
Long-term debt US$ in thousands 454,435 499,692 510,857 509,406 519,550 576,781 591,482 610,594 619,580 752,170 711,259 720,333 729,392 738,438 747,469 784,666
Total stockholders’ equity US$ in thousands 396,571 378,215 359,136 349,951 356,622 343,825 323,021 322,614 301,412 992,387 1,367,240 1,364,820 1,349,630 1,379,730 1,441,540 1,443,390
Return on total capital 15.11% 10.75% 12.23% 11.69% 15.55% 15.88% 13.31% 14.87% 16.62% 7.84% 7.63% 7.45% 5.73% 18.02% 14.86% 12.39%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $128,609K ÷ ($454,435K + $396,571K)
= 15.11%

ADEIA CORP's return on total capital has fluctuated over the past years. It displayed an upward trend from March 31, 2021 to September 30, 2021, reaching a peak of 18.02%. However, there was a significant decline by the end of December 31, 2021, dropping to 5.73%. The return on total capital gradually increased in the following periods but remained volatile, with slight variations quarter by quarter. By December 31, 2024, the return on total capital stood at 15.11%, showing an improvement compared to previous periods. Overall, ADEIA CORP's return on total capital reflects variability, suggesting changes in the efficiency of capital utilization over time.