Comfort Systems USA Inc (FIX)
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 | 694,257 | 620,371 | 558,153 | 463,314 | 398,575 | 361,264 | 311,684 | 279,005 | 248,842 | 226,744 | 211,782 | 199,282 | 196,169 | 191,527 | 185,053 | 201,662 | 189,206 | 182,299 | 178,687 | 153,547 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,704,680 | 1,587,720 | 1,482,290 | 1,372,540 | 1,277,830 | 1,207,160 | 1,111,460 | 1,053,490 | 999,923 | 951,132 | 896,845 | 878,408 | 805,666 | 771,789 | 752,012 | 723,103 | 696,429 | 668,126 | 628,433 | 593,043 |
| Return on total capital | 40.73% | 39.07% | 37.65% | 33.76% | 31.19% | 29.93% | 28.04% | 26.48% | 24.89% | 23.84% | 23.61% | 22.69% | 24.35% | 24.82% | 24.61% | 27.89% | 27.17% | 27.29% | 28.43% | 25.89% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $694,257K ÷ ($—K + $1,704,680K)
= 40.73%
Comfort Systems USA Inc's return on total capital has exhibited fluctuations over the periods provided. It increased from 25.89% as of March 31, 2020, to a peak of 40.73% by the end of December 31, 2024. The return on total capital generally trended upwards, with some slight variations, indicating the company's improved efficiency in generating profits relative to the total capital employed. The trend suggests that Comfort Systems USA Inc has been effectively utilizing its capital to generate returns for its shareholders. It is important for investors and stakeholders to monitor this ratio to assess the company's ability to generate profits from its total capital investments.
Peer comparison
Dec 31, 2024