Installed Building Products Inc (IBP)
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 | 284,900 | 383,000 | 363,357 | 360,976 | 349,452 | 353,835 | 365,789 | 365,317 | 345,411 | 291,636 | 252,624 | 214,272 | 188,317 | 184,418 | 174,933 | 163,453 | 161,468 | 151,485 | 143,351 | 131,875 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 705,300 | 716,400 | 685,300 | 679,200 | 670,300 | 628,182 | 560,672 | 505,222 | 493,499 | 457,514 | 400,601 | 390,231 | 416,840 | 392,726 | 362,540 | 340,538 | 319,182 | 304,187 | 272,736 | 245,797 |
| Return on total capital | 40.39% | 53.46% | 53.02% | 53.15% | 52.13% | 56.33% | 65.24% | 72.31% | 69.99% | 63.74% | 63.06% | 54.91% | 45.18% | 46.96% | 48.25% | 48.00% | 50.59% | 49.80% | 52.56% | 53.65% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $284,900K ÷ ($—K + $705,300K)
= 40.39%
Installed Building Products Inc's return on total capital has shown fluctuations over the past five years, ranging from a high of 72.31% in March 2023 to a low of 40.39% in December 2024. The trend appears to be somewhat volatile, with occasional spikes and dips in the ratio. Despite these fluctuations, the company has generally maintained a relatively high return on total capital, indicating its ability to generate earnings from the capital invested in its operations. It is important for stakeholders to monitor this metric closely to assess the company's capital efficiency and profitability over time.
Peer comparison
Dec 31, 2024