Comfort Systems USA Inc (FIX)
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 | 671,611 | 416,086 | 249,542 | 195,970 | 199,583 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,704,680 | 1,277,830 | 999,923 | 805,666 | 696,429 |
| Return on total capital | 39.40% | 32.56% | 24.96% | 24.32% | 28.66% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $671,611K ÷ ($—K + $1,704,680K)
= 39.40%
Comfort Systems USA Inc's return on total capital has shown a positive trend over the years, increasing from 28.66% as of December 31, 2020, to 39.40% as of December 31, 2024. This indicates that the company has been effectively utilizing its total capital to generate profits. The consistent improvement in this ratio suggests that Comfort Systems USA Inc has been efficiently deploying its capital to generate returns for its shareholders. The notable increase in return on total capital from 2023 to 2024 further demonstrates the company's ability to enhance profitability and create value for investors. Overall, the upward trajectory of Comfort Systems USA Inc's return on total capital reflects sound financial management and strategic decision-making by the company.
Peer comparison
Dec 31, 2024