HF Sinclair Corp (DINO)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 2,222,070 | 3,993,170 |
| Long-term debt | US$ in thousands | 2,739,080 | 2,948,510 |
| Total stockholders’ equity | US$ in thousands | 10,169,100 | 9,243,820 |
| Return on total capital | 17.21% | 32.75% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $2,222,070K ÷ ($2,739,080K + $10,169,100K)
= 17.21%