Astec Industries Inc (ASTE)
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 | 24,600 | 51,700 | 43,200 | 31,100 | 49,100 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 637,600 | 653,400 | 626,900 | 654,800 | 643,000 |
| Return on total capital | 3.86% | 7.91% | 6.89% | 4.75% | 7.64% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $24,600K ÷ ($—K + $637,600K)
= 3.86%
The return on total capital for Astec Industries Inc has shown fluctuations over the years based on the provided data.
- As of December 31, 2020, the return on total capital stood at 7.64%, indicating that for every dollar of total capital invested, the company generated a return of 7.64%.
- By December 31, 2021, the return on total capital decreased to 4.75%, suggesting a lower return on investment compared to the previous year.
- In the following year, by December 31, 2022, the return on total capital improved to 6.89%, showcasing a recovery in the company's ability to generate returns on its total capital.
- By December 31, 2023, the return on total capital increased further to 7.91%, reaching a higher level compared to the previous years.
- However, by December 31, 2024, there was a decline in the return on total capital to 3.86%, indicating a decrease in the company's efficiency in utilizing its total capital to generate returns.
Overall, the trend in Astec Industries Inc's return on total capital exhibits variability, with fluctuations in performance that may be influenced by factors such as operational efficiency, profitability, and investment decisions. It is essential for stakeholders to closely monitor these fluctuations to assess the company's financial health and sustainability.
Peer comparison
Dec 31, 2024