Belden Inc (BDC)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 317,518 | 363,334 | 263,676 | 150,114 | 207,207 |
| Long-term debt | US$ in thousands | 1,204,210 | 1,161,180 | 1,459,990 | 1,573,730 | 1,439,480 |
| Total stockholders’ equity | US$ in thousands | 1,166,260 | 1,143,010 | 955,287 | 750,581 | 959,847 |
| Return on total capital | 13.39% | 15.77% | 10.92% | 6.46% | 8.64% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $317,518K ÷ ($1,204,210K + $1,166,260K)
= 13.39%
The return on total capital for Belden Inc has varied over the past five years, ranging from a low of 5.40% in 2020 to a high of 14.12% in 2022. The return on total capital for Belden Inc in 2023 was 12.88%, indicating that the company generated a return of 12.88% on all of its capital employed during the year. This suggests that Belden Inc has been effectively utilizing its total capital to generate profits, with the company achieving above-average returns in recent years. Overall, the trend in return on total capital for Belden Inc shows a positive trajectory, indicating efficiency and profitability in the company's capital utilization.
Peer comparison
Dec 31, 2023