Calix Inc (CALX)

Return on total capital

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands -4,106 -35,336 -47,083 -43,034 -36,375 -9,550 13,617 25,585 50,727 54,803 52,693 52,610 53,413 51,399 62,227 73,176 76,833 79,885 55,909 28,782
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 822,506 772,672 767,166 780,940 778,688 754,224 742,693 718,982 750,945 741,770 717,839 679,567 647,747 617,129 591,805 568,428 535,626 345,638 314,715 280,325
Return on total capital -0.50% -4.57% -6.14% -5.51% -4.67% -1.27% 1.83% 3.56% 6.76% 7.39% 7.34% 7.74% 8.25% 8.33% 10.51% 12.87% 14.34% 23.11% 17.76% 10.27%

September 30, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-4,106K ÷ ($—K + $822,506K)
= -0.50%