Consol Energy Inc (CEIX)
Return on total capital
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 807,197 | 871,668 | 946,763 | 896,946 | 621,077 | 550,947 | 209,448 | 58,279 | 98,749 | -47,702 | 104,717 | 82,307 | 55,403 | 58,371 | 66,307 | 134,769 | 147,004 | 172,462 | 176,015 | 188,195 |
| Long-term debt | US$ in thousands | 181,885 | 183,421 | 207,464 | 252,977 | 342,110 | 413,645 | 461,956 | 534,902 | 568,052 | 597,697 | 609,326 | 550,444 | 566,858 | 587,020 | 595,360 | 604,927 | 653,802 | 677,935 | 696,614 | 715,181 |
| Total stockholders’ equity | US$ in thousands | 1,343,440 | 1,308,790 | 1,335,200 | 1,280,900 | 1,165,830 | 916,445 | 797,594 | 668,408 | 672,813 | 484,580 | 592,733 | 583,065 | 553,519 | 426,079 | 427,181 | 439,405 | 435,199 | 454,486 | 468,503 | 430,021 |
| Return on total capital | 52.92% | 58.41% | 61.37% | 58.48% | 41.19% | 41.42% | 16.63% | 4.84% | 7.96% | -4.41% | 8.71% | 7.26% | 4.95% | 5.76% | 6.48% | 12.90% | 13.50% | 15.23% | 15.11% | 16.43% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $807,197K ÷ ($181,885K + $1,343,440K)
= 52.92%
Consol Energy Inc's return on total capital has shown a consistently strong performance over the past eight quarters. The ratio has been increasing steadily from 20.56% in Q1 2022 to 58.13% in Q1 2023, indicating improvement in the company's ability to generate returns from its total capital investments. The company's highest return on total capital was recorded in Q2 2023 at 56.90%, demonstrating efficient capital utilization during that period.
Overall, Consol Energy Inc's return on total capital trend indicates a favorable operational efficiency and profitability, with a noticeable upward trajectory in performance over the quarters analyzed.
Peer comparison
Dec 31, 2023