Appfolio Inc (APPF)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 135,644 | 963 | -72,370 | -11,878 | 9,783 |
| Long-term debt | US$ in thousands | — | — | — | — | 0 |
| Total stockholders’ equity | US$ in thousands | 519,290 | 297,312 | 265,546 | 297,381 | 285,920 |
| Return on total capital | 26.12% | 0.32% | -27.25% | -3.99% | 3.42% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $135,644K ÷ ($—K + $519,290K)
= 26.12%
Based on the provided data, the return on total capital for Appfolio Inc has displayed varying trends over the years.
- As of December 31, 2020, the return on total capital was 3.42%, indicating a positive performance.
- However, by December 31, 2021, the return on total capital declined to -3.99%, reflecting a negative return.
- The performance worsened significantly by December 31, 2022, with a return on total capital of -27.25%, signifying a substantial decline in the capital efficiency.
- The trend improved slightly by December 31, 2023, with a return on total capital of 0.32%, indicating a modest positive return.
- Finally, as of December 31, 2024, the return on total capital experienced a substantial recovery, reaching 26.12%, demonstrating a significant improvement in capital utilization efficiency.
Overall, the return on total capital for Appfolio Inc has been volatile, with periods of both positive and negative performance. Investors and stakeholders should closely monitor these fluctuations to assess the company's ability to generate returns on its total capital effectively.
Peer comparison
Dec 31, 2024