Chesapeake Utilities Corporation (CPK)
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 | 222,718 | 209,193 | 195,399 | 185,950 | 160,838 | 150,115 | 144,995 | 143,477 | 143,786 | 137,121 | 138,474 | 135,755 | 132,377 | 133,641 | 133,008 | 124,225 | 114,579 | 107,941 | 102,295 | 104,744 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,390,200 | 1,348,270 | 1,290,550 | 1,280,900 | 1,246,100 | 866,677 | 864,228 | 858,588 | 832,801 | 814,438 | 815,701 | 805,512 | 774,130 | 750,962 | 741,564 | 726,388 | 697,085 | 616,690 | 593,277 | 584,129 |
| Return on total capital | 16.02% | 15.52% | 15.14% | 14.52% | 12.91% | 17.32% | 16.78% | 16.71% | 17.27% | 16.84% | 16.98% | 16.85% | 17.10% | 17.80% | 17.94% | 17.10% | 16.44% | 17.50% | 17.24% | 17.93% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $222,718K ÷ ($—K + $1,390,200K)
= 16.02%
Chesapeake Utilities Corporation's return on total capital has shown some fluctuations over the past few years. The ratio ranged from a high of 17.94% on June 30, 2021, to a low of 12.91% on December 31, 2023. Overall, the company has maintained a relatively stable performance in utilizing its total capital efficiently to generate returns for its investors, with the ratio ranging between 16.44% and 17.94% during the period analyzed. It is important for the company to continue monitoring and managing its capital effectively to sustain a consistent level of return on total capital in the future.
Peer comparison
Dec 31, 2024