Integer Holdings Corp (ITGR)
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 | 215,335 | 205,956 | 191,999 | 176,111 | 161,115 | 154,275 | 137,906 | 128,218 | 113,672 | 105,359 | 110,332 | 115,977 | 129,304 | 130,022 | 111,639 | 85,538 | 100,066 | 98,955 | 133,343 | 174,527 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,619,220 | 1,621,190 | 1,553,910 | 1,525,010 | 1,519,040 | 1,463,350 | 1,445,660 | 1,417,940 | 1,417,460 | 1,355,060 | 1,363,450 | 1,364,350 | 1,354,700 | 1,332,250 | 1,314,570 | 1,277,720 | 1,271,060 | 1,233,000 | 1,181,400 | 1,164,200 |
| Return on total capital | 13.30% | 12.70% | 12.36% | 11.55% | 10.61% | 10.54% | 9.54% | 9.04% | 8.02% | 7.78% | 8.09% | 8.50% | 9.54% | 9.76% | 8.49% | 6.69% | 7.87% | 8.03% | 11.29% | 14.99% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $215,335K ÷ ($—K + $1,619,220K)
= 13.30%
Integer Holdings Corp's return on total capital has been fluctuating over the periods provided. From March 31, 2020, when it was at 14.99%, it decreased to 11.29% by June 30, 2020. The trend continued to decline, reaching a low of 6.69% by March 31, 2021.
However, there was a slight recovery in the following periods, with the return on total capital increasing to 9.76% by September 30, 2021. The improvement trend continued until December 31, 2023, reaching 10.61%.
From that point onwards, there was a more significant increase in return on total capital, with values above 10%. By December 31, 2024, the return on total capital stood at 13.30%, indicating an improvement in the company's efficiency in generating profits from its capital investments.
Overall, the varying performance of return on total capital reflects the company's ability to efficiently utilize its total capital over the periods examined.
Peer comparison
Dec 31, 2024