Knife River Corporation (KNF)
Return on total capital
| Dec 31, 2023 | ||
|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 296,400 |
| Long-term debt | US$ in thousands | 674,577 |
| Total stockholders’ equity | US$ in thousands | 1,266,010 |
| Return on total capital | 15.27% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $296,400K ÷ ($674,577K + $1,266,010K)
= 15.27%
Peer comparison
Dec 31, 2023
Company name
Symbol
Return on total capital
Knife River Corporation
KNF
15.27%
Compass Minerals International Inc
CMP
6.69%
Martin Marietta Materials Inc
MLM
13.58%
MDU Resources Group Inc
MDU
11.44%
Vulcan Materials Company
VMC
12.58%