Concentra Group Holdings Parent, Inc. (CON)
Return on total capital
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 290,863 | 286,754 | 281,541 | |||
| Long-term debt | US$ in thousands | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 277,780 | 1,246,780 | 1,195,760 | 0 | — | 996,115 |
| Return on total capital | 104.71% | 23.00% | 23.54% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $290,863K ÷ ($—K + $277,780K)
= 104.71%
Concentra Group Holdings Parent, Inc. has displayed varying levels of return on total capital over the past few quarters. In the most recent period ending on September 30, 2024, the return on total capital was exceptionally high at 104.71%. This represents a significant improvement compared to the previous quarter where the return on total capital was 23.00% in June 2024.
Looking further back, the company maintained a consistent level of return on total capital around 23-24% in both March 2024 and December 2023. This signifies a stable performance during that period. However, there seems to have been a notable increase in performance in the most recent quarter.
Comparing these figures to the data from June and March 2023, we can observe a positive trend in the return on total capital for Concentra Group Holdings Parent, Inc. This indicates an improvement in the company's ability to generate profits from its total capital base over the past year.
Overall, the recent surge in return on total capital to 104.71% reflects positively on the company's financial performance and efficiency in utilizing its total capital to generate returns for shareholders.
Peer comparison
Sep 30, 2024