CSW Industrials Inc (CSWI)

Return on total capital

Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 159,118 139,066 97,380 59,220 65,854
Long-term debt US$ in thousands 166,000 253,000 252,214 241,776 10,337
Total stockholders’ equity US$ in thousands 635,078 525,675 469,086 415,449 280,365
Return on total capital 19.86% 17.86% 13.50% 9.01% 22.65%

March 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $159,118K ÷ ($166,000K + $635,078K)
= 19.86%

CSW Industrials Inc's return on total capital has shown a positive trend over the past five years. From March 31, 2020, to March 31, 2024, the return on total capital increased from 22.65% to 19.86%. This indicates that the company has been utilizing its total capital more efficiently to generate profit. The improvement in return on total capital signifies that CSW Industrials Inc is effectively managing its capital investments and generating higher returns for its investors. Overall, the company's ability to generate returns on its total capital has been on an upward trajectory, which highlights its operational effectiveness and financial performance.


Peer comparison

Mar 31, 2024

Company name
Symbol
Return on total capital
CSW Industrials Inc
CSWI
19.86%
H B Fuller Company
FUL
9.89%