DXP Enterprises Inc (DXPE)
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 | 148,898 | 140,798 | 135,972 | 135,307 | 119,152 | 111,622 | 101,974 | 89,333 | 95,412 | 78,671 | 65,332 | 55,097 | 40,737 | 28,199 | -24,602 | -32,828 | -27,742 | -15,883 | 47,025 | 63,067 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 422,788 | 402,368 | 384,681 | 375,464 | 380,879 | 363,576 | 369,465 | 374,284 | 365,392 | 386,497 | 375,586 | 360,187 | 358,639 | 361,132 | 344,861 | 352,354 | 347,068 | 322,641 | 356,823 | 351,136 |
| Return on total capital | 35.22% | 34.99% | 35.35% | 36.04% | 31.28% | 30.70% | 27.60% | 23.87% | 26.11% | 20.35% | 17.39% | 15.30% | 11.36% | 7.81% | -7.13% | -9.32% | -7.99% | -4.92% | 13.18% | 17.96% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $148,898K ÷ ($—K + $422,788K)
= 35.22%
DXP Enterprises Inc's return on total capital has shown significant fluctuations over the past few years. The ratio started positively at 17.96% as of March 31, 2020, but then experienced a decline, reaching negative values by September 30, 2020. The negative trend continued through March 31, 2021, before starting to improve.
From June 30, 2021, onwards, there was a consistent increase in return on total capital, reaching 35.22% as of December 31, 2024. This upward trend indicates that the company has been effectively utilizing its total capital to generate higher returns for its investors.
The latest figure of 35.22% as of December 31, 2024, suggests that DXP Enterprises Inc has been able to efficiently deploy its capital to generate returns, reflecting positively on the company's financial performance and profitability. Maintaining this trend would be vital for the company's long-term growth and sustainability.
Peer comparison
Dec 31, 2024