Everus Construction Group Inc (ECG)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 184,359 | 166,023 | 147,491 |
| Long-term debt | US$ in thousands | — | — | — |
| Total stockholders’ equity | US$ in thousands | 448,850 | 382,247 | — |
| Return on total capital | 41.07% | 43.43% | — |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $184,359K ÷ ($—K + $448,850K)
= 41.07%
Everus Construction Group Inc has demonstrated a consistently high return on total capital over the past two years. The return on total capital was 43.43% in December 2022 and 41.07% in December 2023. This indicates that the company is efficiently utilizing its capital to generate profits for its stakeholders. However, it is worth noting that data for December 2021 is not available for comparison. Overall, the consistently high return on total capital suggests that Everus Construction Group Inc has been successful in generating a strong return on the total funds invested in the business.
Peer comparison
Dec 31, 2023