LeMaitre Vascular Inc (LMAT)

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 57,080 50,715 46,747 41,999 38,304 34,789 31,759 31,018 30,767 31,400 34,305 36,364 36,506 37,585 38,573 32,456 28,666 24,344 20,191 21,446
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 337,290 331,074 319,532 308,503 297,900 288,637 283,827 274,165 268,201 261,247 258,033 257,787 254,151 249,048 185,833 177,525 172,572 160,983 152,629 148,835
Return on total capital 16.92% 15.32% 14.63% 13.61% 12.86% 12.05% 11.19% 11.31% 11.47% 12.02% 13.29% 14.11% 14.36% 15.09% 20.76% 18.28% 16.61% 15.12% 13.23% 14.41%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $57,080K ÷ ($—K + $337,290K)
= 16.92%

LeMaitre Vascular Inc's return on total capital has shown fluctuating trends over the periods provided. The return on total capital was relatively stable at around 14%-16% from March 2020 to December 2021. However, there was a notable increase in the return on total capital from March 2022 to June 2024, reaching a peak of 16.92% by December 2024. Despite some variations, the return on total capital generally indicates that LeMaitre Vascular Inc has been efficiently utilizing its total capital to generate profits during the given time frame. Further analysis and comparison with industry benchmarks may provide a more detailed insight into the company's performance.