ANSYS Inc (ANSS)
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 | 765,887 | 732,993 | 634,241 | 561,014 | 639,283 | 567,429 | 616,681 | 648,641 | 598,041 | 570,356 | 553,124 | 557,817 | 527,759 | 550,291 | 535,447 | 518,876 | 504,913 | 432,644 | 449,715 | 464,262 |
| Long-term debt | US$ in thousands | 754,208 | 754,128 | 754,049 | 753,970 | 753,891 | 753,812 | 753,732 | 753,653 | 753,574 | 753,495 | 753,402 | 744,575 | 753,576 | 753,451 | 753,327 | 793,515 | 798,118 | 423,759 | 423,683 | 423,607 |
| Total stockholders’ equity | US$ in thousands | 6,086,440 | 5,828,780 | 5,586,500 | 5,409,640 | 5,390,360 | 5,006,800 | 4,914,410 | 4,782,160 | 4,865,850 | 4,543,680 | 4,452,760 | 4,363,950 | 4,484,050 | 4,339,240 | 4,250,220 | 4,111,970 | 4,097,870 | 3,589,610 | 3,438,050 | 3,292,350 |
| Return on total capital | 11.20% | 11.13% | 10.00% | 9.10% | 10.40% | 9.85% | 10.88% | 11.72% | 10.64% | 10.77% | 10.62% | 10.92% | 10.08% | 10.81% | 10.70% | 10.58% | 10.31% | 10.78% | 11.65% | 12.49% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $765,887K ÷ ($754,208K + $6,086,440K)
= 11.20%
Based on the provided data, the return on total capital for ANSYS Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. The return on total capital ranged from a high of 12.49% on March 31, 2020, to a low of 9.10% on March 31, 2024.
Overall, ANSYS Inc's return on total capital has shown some variability but has mostly remained within the range of 10% to 12%. There was a slight decline in the return on total capital in 2023, dropping to 9.85% on September 30, 2023, before slightly recovering in the following quarters.
Analyzing these ratios can provide insights into the company's efficiency in generating returns from its total capital base, which includes both equity and debt. ANSYS Inc's management may want to further investigate the factors contributing to the fluctuations in the return on total capital to optimize capital allocation decisions and improve overall financial performance.
Peer comparison
Dec 31, 2024