Elanco Animal Health (ELAN)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 827,000 | -918,000 | 184,000 | -307,000 | -516,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,096,000 | 6,223,000 | 7,289,000 | 7,538,000 | 8,475,900 |
| Return on total capital | 13.57% | -14.75% | 2.52% | -4.07% | -6.09% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $827,000K ÷ ($—K + $6,096,000K)
= 13.57%