Peabody Energy Corp (BTU)

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 1,074,700 1,381,600 432,200 -1,728,300 -21,300
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 3,547,000 3,231,300 1,761,800 929,600 2,613,800
Return on total capital 30.30% 42.76% 24.53% -185.92% -0.81%

December 31, 2023 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,074,700K ÷ ($—K + $3,547,000K)
= 30.30%

Peabody Energy Corp's return on total capital has shown fluctuations over the past five years. The company achieved a positive return on total capital in the most recent three years, with notable improvement from 2021 to 2022. However, in 2020 and 2019, the return on total capital was negative, with particularly significant declines in 2020. This indicates that the company's ability to generate profits relative to its total capital employed varied widely over the period under review. It is important for investors to carefully consider the factors underlying these fluctuations to assess the company's overall financial performance and sustainability.


Peer comparison

Dec 31, 2023

Company name
Symbol
Return on total capital
Peabody Energy Corp
BTU
30.30%
Alpha Metallurgical Resources Inc
AMR
54.16%
Arch Resources Inc
ARCH
35.74%