Chemours Co (CC)

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 372,000 274,000 303,000 -224,000 -108,000 -115,000 148,000 733,000 832,000 1,067,000 1,012,000 904,000 709,000 608,000 456,000 434,000 448,000 -59,000 -39,000 56,000
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 604,000 657,000 723,000 752,000 737,000 755,000 808,000 1,227,000 1,107,000 1,284,000 1,214,000 1,166,000 1,081,000 998,000 898,000 850,000 813,000 732,000 657,000 655,000
Return on total capital 61.59% 41.70% 41.91% -29.79% -14.65% -15.23% 18.32% 59.74% 75.16% 83.10% 83.36% 77.53% 65.59% 60.92% 50.78% 51.06% 55.10% -8.06% -5.94% 8.55%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $372,000K ÷ ($—K + $604,000K)
= 61.59%

The return on total capital of Chemours Co has shown significant fluctuations over the reported periods. It started positively at 8.55% in March 2020, but turned negative in the subsequent quarters, reaching its lowest point at -29.79% in March 2024. Thereafter, there was a notable recovery, with the return on total capital rebounding to 61.59% by December 2024. This erratic performance indicates varying levels of efficiency in generating profits relative to the total capital employed by the company.