Dorman Products Inc (DORM)

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 322,115 305,652 289,579 259,198 209,621 207,685 194,769 197,811 226,136 201,572 193,961 179,734 177,189 177,960 179,747 153,862 134,673 110,660 91,550 102,657
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,293,470 1,234,600 1,201,320 1,174,500 1,168,200 1,128,090 1,086,070 1,049,140 1,042,630 1,021,040 990,957 959,400 932,736 904,524 892,985 883,811 853,559 1,158,830 807,132 791,375
Return on total capital 24.90% 24.76% 24.11% 22.07% 17.94% 18.41% 17.93% 18.85% 21.69% 19.74% 19.57% 18.73% 19.00% 19.67% 20.13% 17.41% 15.78% 9.55% 11.34% 12.97%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $322,115K ÷ ($—K + $1,293,470K)
= 24.90%

Dorman Products Inc has shown a fluctuating trend in its return on total capital over the past few years. The return on total capital has ranged from 9.55% in September 2020 to a high of 24.90% in December 2024. The company's return on total capital has generally been increasing since September 2020, indicating improved efficiency in generating returns from its total capital employed.

Notable points include a significant increase in return on total capital from June 2024 to December 2024, indicating a strong performance during that period. However, it is important to note that the return on total capital dipped slightly in March 2024 compared to the previous quarter but rebounded strongly by June 2024.

Overall, Dorman Products Inc's return on total capital demonstrates a positive trend, reflecting the company's ability to effectively utilize its capital to generate returns for its shareholders.