Concentra Group Holdings Parent, Inc. (CON)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 301,087 | 287,104 | 256,537 | 307,419 |
| Long-term debt | US$ in thousands | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 275,671 | 1,155,600 | 973,317 | — |
| Return on total capital | 109.22% | 24.84% | 26.36% | — |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $301,087K ÷ ($—K + $275,671K)
= 109.22%
The return on total capital for Concentra Group Holdings Parent, Inc. has shown significant fluctuations over the years. In 2022, the return on total capital was 26.36%, indicating that the company generated $0.26 in profit for every $1 of total capital invested.
In 2023, the return on total capital decreased slightly to 24.84%, suggesting a slight dip in profitability relative to the previous year. However, the company managed to maintain a relatively healthy return on total capital compared to industry averages.
The most notable change occurred in 2024, with a substantial increase in the return on total capital to 109.22%. This significant surge could be attributed to various factors such as efficient capital allocation, improved operational performance, or strategic investments that yielded high returns.
Overall, Concentra Group Holdings Parent, Inc. has showcased varying levels of return on total capital over the years, demonstrating its ability to efficiently utilize capital resources to generate profits for its investors. It would be crucial for investors and stakeholders to further investigate the underlying reasons for these fluctuations to assess the sustainability and effectiveness of the company's capital management strategies.
Peer comparison
Dec 31, 2024