Astec Industries Inc (ASTE)
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 | 29,200 | 29,000 | 30,200 | 58,700 | 75,200 | 45,500 | 52,100 | 30,100 | 12,400 | -1,800 | 3,300 | 18,500 | 18,200 | 47,900 | 41,441 | 41,634 | 46,511 | 510 | 4,186 | 23,418 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 637,600 | 631,400 | 633,300 | 650,300 | 653,400 | 634,800 | 647,500 | 635,600 | 626,900 | 628,100 | 643,900 | 657,400 | 654,800 | 663,100 | 659,300 | 646,600 | 643,000 | 623,300 | 621,800 | 612,500 |
| Return on total capital | 4.58% | 4.59% | 4.77% | 9.03% | 11.51% | 7.17% | 8.05% | 4.74% | 1.98% | -0.29% | 0.51% | 2.81% | 2.78% | 7.22% | 6.29% | 6.44% | 7.23% | 0.08% | 0.67% | 3.82% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $29,200K ÷ ($—K + $637,600K)
= 4.58%
The return on total capital for Astec Industries Inc has varied over the timeframe provided. Starting at a low of 0.08% in September 2020, it gradually increased, reaching a peak of 11.51% by December 2023. This demonstrates a significant improvement in the company's ability to generate profits in relation to the total capital employed. However, there was a slight dip in the return on total capital in the subsequent quarters, stabilizing around 4-9%.
Overall, the return on total capital trend indicates Astec Industries Inc's effectiveness in generating profits from its invested capital, though there have been fluctuations. It is important for stakeholders to monitor these fluctuations and assess the company's strategies to maintain or improve its return on total capital in the future.
Peer comparison
Dec 31, 2024