California Water Service Group (CWT)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 287,443 | 94,414 | 145,352 | 139,248 | 143,065 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,638,290 | 1,426,730 | 1,317,590 | 1,177,590 | 921,344 |
| Return on total capital | 17.55% | 6.62% | 11.03% | 11.82% | 15.53% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $287,443K ÷ ($—K + $1,638,290K)
= 17.55%
The return on total capital for California Water Service Group has shown fluctuations over the years based on the provided data. As of December 31, 2020, the return on total capital was 15.53%, which decreased to 11.82% by December 31, 2021. In the following year, the return on total capital further decreased to 11.03%. By December 31, 2023, the return on total capital dropped to 6.62%, reflecting a significant decline. However, there was a notable improvement by December 31, 2024, with a return on total capital of 17.55%, indicating a rebound in performance.
Peer comparison
Dec 31, 2024