Albany International Corporation (AIN)
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 | 144,723 | 161,183 | 177,540 | 178,442 | 178,611 | 167,509 | 178,196 | 183,274 | 181,731 | 185,928 | 176,783 | 175,920 | 178,648 | 170,294 | 164,714 | 169,563 | 167,542 | 177,663 | 193,720 | 193,753 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 943,538 | 990,997 | 967,542 | 967,489 | 961,368 | 914,839 | 910,457 | 892,586 | 863,049 | 816,006 | 817,673 | 860,220 | 873,967 | 876,603 | 864,217 | 822,595 | 816,066 | 746,809 | 703,311 | 666,961 |
| Return on total capital | 15.34% | 16.26% | 18.35% | 18.44% | 18.58% | 18.31% | 19.57% | 20.53% | 21.06% | 22.79% | 21.62% | 20.45% | 20.44% | 19.43% | 19.06% | 20.61% | 20.53% | 23.79% | 27.54% | 29.05% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $144,723K ÷ ($—K + $943,538K)
= 15.34%
Albany International Corporation's return on total capital has exhibited a slight decline over the past few years. From March 31, 2020, where it stood at 29.05%, the return on total capital gradually decreased to 15.34% by December 31, 2024. Despite some fluctuations, the trend indicates a general downward trajectory in the company's efficiency in generating profits from its total capital employed. It would be prudent for stakeholders to closely monitor this metric and identify potential factors affecting the company's capital utilization and profitability in order to address any issues and improve performance.