ASGN Inc (ASGN)
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 | 304,400 | 313,600 | 333,300 | 350,800 | 364,100 | 371,100 | 383,000 | 395,100 | 410,700 | 435,400 | 570,700 | 555,500 | 529,000 | 494,900 | 328,200 | 307,800 | 305,400 | 279,900 | 291,600 | 290,500 |
| Long-term debt | US$ in thousands | 1,033,500 | — | — | — | 1,036,600 | 1,000,000 | — | — | 1,066,600 | 1,000,000 | 1,000,000 | 1,000,000 | 1,033,900 | 1,100,000 | 1,000,000 | 1,000,000 | 1,033,400 | — | 1,032,900 | 1,065,500 |
| Total stockholders’ equity | US$ in thousands | 1,776,700 | 1,774,400 | 1,807,900 | 1,861,400 | 1,892,100 | 1,908,700 | 1,926,600 | 1,923,500 | 1,901,300 | 1,889,100 | 1,856,100 | 1,869,200 | 1,865,400 | 1,834,400 | 1,719,800 | 1,645,800 | 1,587,100 | 1,524,200 | 1,457,100 | 1,399,500 |
| Return on total capital | 10.83% | 17.67% | 18.44% | 18.85% | 12.43% | 12.76% | 19.88% | 20.54% | 13.84% | 15.07% | 19.98% | 19.36% | 18.25% | 16.87% | 12.07% | 11.63% | 11.65% | 18.36% | 11.71% | 11.78% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $304,400K ÷ ($1,033,500K + $1,776,700K)
= 10.83%
Return on total capital is a key financial ratio that indicates the efficiency with which a company is utilizing its total capital to generate profits. ASGN Inc has shown variability in its return on total capital over the quarters provided in the data.
The trend in ASGN Inc's return on total capital shows fluctuations, ranging from a low of 10.83% in December 31, 2024, to a high of 20.54% in March 31, 2023. The company experienced an upward trend in return on total capital from the latter part of 2021 to the first half of 2023, reaching its peak in March 31, 2023. However, there was a decline thereafter but followed by fluctuations in the subsequent quarters.
Overall, ASGN Inc's return on total capital demonstrates some volatility, which could indicate varying levels of profitability and capital efficiency. It is essential for investors and stakeholders to closely monitor these fluctuations to assess the company's performance and sustainability in utilizing its total capital effectively.
Peer comparison
Dec 31, 2024