CSW Industrials Inc (CSWI)
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 | 181,095 | 170,653 | 163,489 | 153,605 | 149,363 | 152,585 | 144,023 | 139,191 | 127,583 | 117,229 | 107,803 | 95,097 | 78,457 | 69,961 | 65,850 | 53,494 | 49,284 | 56,247 | 54,549 | 58,931 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,044,020 | 1,030,170 | 650,158 | 615,723 | 589,072 | 586,927 | 560,094 | 525,675 | 498,768 | 483,033 | 466,720 | 469,086 | 458,738 | 448,947 | 431,120 | 412,013 | 402,717 | 302,041 | 284,010 | 276,741 |
| Return on total capital | 17.35% | 16.57% | 25.15% | 24.95% | 25.36% | 26.00% | 25.71% | 26.48% | 25.58% | 24.27% | 23.10% | 20.27% | 17.10% | 15.58% | 15.27% | 12.98% | 12.24% | 18.62% | 19.21% | 21.29% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $181,095K ÷ ($—K + $1,044,020K)
= 17.35%
CSW Industrials Inc has shown fluctuations in its return on total capital over the period analyzed. The return on total capital was relatively stable in the range of 12% to 15% during the beginning of the period, indicating moderate performance. However, there was a significant improvement starting from March 31, 2022, where the return on total capital increased consistently, reaching a peak of 26.48% on March 31, 2023. This surge suggests that the company was able to generate higher profits relative to the total capital invested.
After reaching the peak in March 2023, the return on total capital declined gradually but remained relatively high compared to the initial years of the period. The fluctuations observed in the later part of the period, particularly a drop to 16.57% on September 30, 2024, and a subsequent increase to 17.35% on December 31, 2024, indicate some volatility in the company's performance.
Overall, the upward trend in the return on total capital from 2022 to 2023 reflects an improvement in efficiency and profitability for CSW Industrials Inc. However, the recent fluctuations towards the end of the period may suggest the need for further analysis to understand the factors influencing the company's financial performance.
Peer comparison
Dec 31, 2024