ICU Medical Inc (ICUI)

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 65,866 27,825 30,208 16,314 36,960 44,412 26,020 14,844 -44,572 -24,685 20,087 55,695 124,105 128,324 123,843 110,425 103,749 96,886 96,134 102,270
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 1,965,240 2,048,590 2,037,810 2,067,830 2,123,410 2,098,360 2,114,820 2,100,400 2,089,930 2,012,800 2,085,870 2,178,900 1,616,030 1,589,970 1,557,260 1,520,770 1,502,260 1,452,220 1,411,800 1,375,890
Return on total capital 3.35% 1.36% 1.48% 0.79% 1.74% 2.12% 1.23% 0.71% -2.13% -1.23% 0.96% 2.56% 7.68% 8.07% 7.95% 7.26% 6.91% 6.67% 6.81% 7.43%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $65,866K ÷ ($—K + $1,965,240K)
= 3.35%

ICU Medical Inc's return on total capital has exhibited fluctuations over the past few years, ranging from a high of 8.07% in September 2021 to a low of -2.13% in December 2022. The return on total capital gradually increased from September 2021 to December 2024, reaching 3.35% at the end of December 2024. However, it's important to note that there were periods of decline, such as in the first half of 2022 where the return on total capital was negative. Overall, the company's return on total capital shows variability, indicating changes in the efficiency and profitability of its capital utilization over time.