Littelfuse Inc (LFUS)

Return on total capital

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Earnings before interest and tax (EBIT) US$ in thousands 368,464 469,260 359,552 182,330 192,791
Long-term debt US$ in thousands 857,915 866,623 611,897 687,034 669,158
Total stockholders’ equity US$ in thousands 2,480,170 2,211,190 1,893,390 1,608,640 1,495,880
Return on total capital 11.04% 15.25% 14.35% 7.94% 8.90%

December 31, 2023 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $368,464K ÷ ($857,915K + $2,480,170K)
= 11.04%

Littelfuse Inc's return on total capital has fluctuated over the past five years. In 2023, the return on total capital was 11.04%, a decrease from the previous year's 15.25%. Despite this decrease, the company still performed better in terms of return on total capital in 2023 compared to 2020 and 2019 when it was 7.94% and 8.90% respectively. Overall, Littelfuse Inc's return on total capital has shown some variability, indicating shifts in the company's ability to generate returns from its total capital employed.


Peer comparison

Dec 31, 2023

Company name
Symbol
Return on total capital
Littelfuse Inc
LFUS
11.04%
Powell Industries Inc
POWL
18.12%