Mister Car Wash, Inc. Common Stock (MCW)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 182,155 | 178,145 | 85,040 | -43,719 | 141,180 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 998,352 | 915,035 | 801,128 | 657,152 | 16,650 |
| Return on total capital | 18.25% | 19.47% | 10.62% | -6.65% | 847.93% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $182,155K ÷ ($—K + $998,352K)
= 18.25%
Mister Car Wash, Inc.'s return on total capital has been fluctuating over the past five years. In 2020, the return was exceptionally high at 847.93%, indicating a significant profitability relative to the capital invested. However, in 2021, the return turned negative to -6.65%, suggesting that the company may have faced challenges or experienced a decline in profitability during that period.
Subsequently, in 2022, the return on total capital improved to 10.62%, indicating a recovery in the company's overall efficiency in generating returns from its invested capital. The trend continued positively in 2023 with a return of 19.47%, reflecting a further enhancement in the company's performance in utilizing its total capital effectively.
By the end of 2024, the return on total capital stood at 18.25%, demonstrating a sustained ability to generate profits relative to the capital employed. Overall, while the company experienced fluctuations in its return on total capital over the analyzed period, the general trend showcases an improvement in performance and efficiency in capital utilization.
Peer comparison
Dec 31, 2024