ESAB Corp (ESAB)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 404,166 | 329,065 |
| Long-term debt | US$ in thousands | 1,018,060 | 1,218,640 |
| Total stockholders’ equity | US$ in thousands | 1,607,400 | 1,350,210 |
| Return on total capital | 15.39% | 12.81% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $404,166K ÷ ($1,018,060K + $1,607,400K)
= 15.39%
Peer comparison
Dec 31, 2023