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
37.01%