Knowles Cor (KN)
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 | -197,200 | -199,000 | -196,100 | 56,400 | 51,100 | -169,400 | -205,600 | -437,100 | -414,800 | -167,300 | -118,100 | 118,800 | 115,800 | 112,800 | 91,800 | 57,100 | 29,200 | 22,400 | 42,400 | 67,200 |
| Long-term debt | US$ in thousands | 134,000 | 175,500 | 212,400 | 245,200 | 224,100 | 45,000 | 45,000 | 45,000 | 45,000 | 78,000 | 73,000 | 70,000 | 70,000 | 0 | 0 | 0 | 0 | 213,000 | 160,900 | 258,800 |
| Total stockholders’ equity | US$ in thousands | 756,000 | 777,400 | 753,000 | 1,033,900 | 1,034,100 | 993,300 | 986,500 | 987,400 | 992,900 | 1,180,200 | 1,203,600 | 1,474,100 | 1,459,500 | 1,366,100 | 1,332,100 | 1,323,700 | 1,303,500 | 1,264,600 | 1,243,800 | 1,253,800 |
| Return on total capital | -22.16% | -20.88% | -20.31% | 4.41% | 4.06% | -16.32% | -19.93% | -42.34% | -39.97% | -13.30% | -9.25% | 7.69% | 7.57% | 8.26% | 6.89% | 4.31% | 2.24% | 1.52% | 3.02% | 4.44% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-197,200K ÷ ($134,000K + $756,000K)
= -22.16%
The return on total capital for Knowles Corp has shown a fluctuating trend over the past few years. Starting at 4.44% in March 2020, it gradually decreased to its lowest point of -42.34% in March 2023. Subsequently, there was some recovery as the returns improved to 4.41% in March 2024.
However, there have been persistent challenges as indicated by negative returns in several quarters, with the lowest points being -39.97% in December 2022 and -22.16% in December 2024. These negative returns suggest that the company may be struggling to generate sufficient profits relative to the level of capital employed in its operations.
Overall, the return on total capital for Knowles Corp has been volatile, indicating potential issues with capital efficiency and profitability that may require further investigation and strategic planning to address.
Peer comparison
Dec 31, 2024