California Water Service Group (CWT)
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 | 281,031 | 276,319 | 236,946 | 196,787 | 85,887 | 85,574 | 107,948 | 119,422 | 145,352 | 130,651 | 130,788 | 145,186 | 139,248 | 152,127 | 196,275 | 161,152 | 140,052 | 136,990 | 80,036 | 98,395 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,638,290 | 1,628,590 | 1,544,600 | 1,467,430 | 1,426,730 | 1,410,670 | 1,389,520 | 1,298,200 | 1,317,590 | 1,273,460 | 1,202,520 | 1,164,630 | 1,177,590 | 1,115,970 | 997,118 | 929,802 | 921,344 | 890,192 | 782,023 | 755,140 |
| Return on total capital | 17.15% | 16.97% | 15.34% | 13.41% | 6.02% | 6.07% | 7.77% | 9.20% | 11.03% | 10.26% | 10.88% | 12.47% | 11.82% | 13.63% | 19.68% | 17.33% | 15.20% | 15.39% | 10.23% | 13.03% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $281,031K ÷ ($—K + $1,638,290K)
= 17.15%
California Water Service Group's return on total capital has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates varying efficiency in generating profits relative to the total capital employed by the company.
The data reveals that the return on total capital ranged from a low of 6.02% on December 31, 2023, to a high of 19.68% on June 30, 2021. This indicates fluctuations in the company's ability to generate profits from the total capital invested. Notably, there were periods of both increases and decreases in the return on total capital, reflecting changes in the company's performance.
The return on total capital peaked at 19.68% on June 30, 2021, showcasing a period of strong profitability relative to the capital invested. However, there were also periods of lower returns, with the lowest point at 6.02% on December 31, 2023, indicating a less efficient utilization of capital.
Overall, the analysis of California Water Service Group's return on total capital suggests that the company's performance in generating profits relative to the total capital employed has varied throughout the period, with fluctuations in efficiency and profitability. It is essential for investors and stakeholders to closely monitor these trends to assess the company's financial health and performance over time.
Peer comparison
Dec 31, 2024