The Andersons Inc (ANDE)
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 | 82,950 | 117,643 | 87,303 | 136,856 | 70,014 | -1,639 | 12,792 | 19,864 | 90,518 | 3,882,482 | 3,837,916 | 3,778,902 | 3,783,354 | 2,508,954 | 2,504,610 | 2,457,772 | 2,423,316 | -67,246 | -50,475 | 4,923 |
| Long-term debt | US$ in thousands | 608,151 | 542,564 | 549,378 | 556,174 | 562,960 | 569,730 | 576,489 | 486,892 | 492,518 | 497,988 | 563,447 | 571,181 | 600,487 | 542,821 | 837,609 | 877,583 | 886,453 | 717,198 | 975,973 | 987,526 |
| Total stockholders’ equity | US$ in thousands | 1,366,190 | 1,329,170 | 1,310,600 | 1,279,990 | 1,282,900 | 1,240,740 | 1,230,990 | 1,169,590 | 1,198,600 | 1,193,920 | 1,167,150 | 1,089,020 | 1,072,420 | 1,033,440 | 1,022,500 | 983,667 | 961,891 | 939,199 | 939,388 | 912,257 |
| Return on total capital | 4.20% | 6.29% | 4.69% | 7.45% | 3.79% | -0.09% | 0.71% | 1.20% | 5.35% | 229.47% | 221.77% | 227.62% | 226.15% | 159.17% | 134.65% | 132.05% | 131.11% | -4.06% | -2.64% | 0.26% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $82,950K ÷ ($608,151K + $1,366,190K)
= 4.20%
The return on total capital for The Andersons Inc has displayed significant fluctuations over the quarters. From March 31, 2020, to June 30, 2022, the return on total capital showed a general increasing trend, reaching a peak of 229.47% on September 30, 2022. However, there was a sharp decline to 5.35% by December 31, 2022, before a slight recovery in the following quarters.
The return on total capital saw a recovery in the periods following the dip in late 2022, reaching 7.45% on March 31, 2024. This was followed by some fluctuations in the subsequent quarters but generally remained above the levels seen during the downturn.
Overall, the return on total capital provides insights into the company's ability to generate profits from its invested capital. The fluctuations observed in the ratio may indicate changes in the company's efficiency in utilizing its capital resources and generating returns for its investors. It is essential for stakeholders to closely monitor these changes in the return on total capital to assess the company's financial performance and sustainability over time.
Peer comparison
Dec 31, 2024