CSW Industrials Inc (CSWI)
Return on total capital
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 178,528 | 168,972 | 159,118 | 154,544 | 150,075 | 143,399 | 139,066 | 128,239 | 118,576 | 109,351 | 97,380 | 85,113 | 75,781 | 71,869 | 59,220 | 57,472 | 63,843 | 61,785 | 65,853 | 67,002 |
| Long-term debt | US$ in thousands | 0 | 115,000 | 166,000 | 153,000 | 173,000 | 210,000 | 253,000 | 275,973 | 268,934 | 273,074 | 252,214 | 230,355 | 213,495 | 230,635 | 241,776 | 254,916 | 10,056 | 10,197 | 10,337 | 10,477 |
| Total stockholders’ equity | US$ in thousands | 1,050,350 | 669,772 | 635,078 | 608,191 | 605,963 | 579,003 | 525,675 | 516,172 | 500,537 | 482,240 | 469,086 | 474,114 | 463,865 | 444,826 | 415,449 | 402,717 | 302,041 | 284,010 | 280,365 | 292,992 |
| Return on total capital | 17.00% | 21.53% | 19.86% | 20.30% | 19.27% | 18.17% | 17.86% | 16.19% | 15.41% | 14.48% | 13.50% | 12.08% | 11.19% | 10.64% | 9.01% | 8.74% | 20.46% | 21.00% | 22.65% | 22.08% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $178,528K ÷ ($0K + $1,050,350K)
= 17.00%
CSW Industrials Inc's return on total capital has shown variations over the past eight quarters, with a noticeable upward trend from the first quarter of 2022 to the second quarter of 2024. The return on total capital ranged from a low of 9.01% in the first quarter of 2021 to a high of 21.53% in the second quarter of 2024.
The company's return on total capital remained above 15% for most of the quarters analyzed, indicating efficient utilization of both debt and equity in generating profits. However, there was a slight dip in the third and fourth quarters of 2022 before the improvement seen in the subsequent quarters.
Overall, CSW Industrials Inc has demonstrated a consistent ability to generate returns on its total capital, with a recent peak in the second quarter of 2024. It suggests effective management of resources and investments to maximize profitability.
Peer comparison
Sep 30, 2024