Mister Car Wash, Inc. Common Stock (MCW)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 177,315 | 182,473 | 146,845 | 116,866 | 93,390 | 21,996 | 25,588 | 29,918 | 39,765 | 61,221 | 60,862 | -118,187 | -98,645 | -15,867 | 10,174 | 164,116 | 143,494 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 998,352 | 979,403 | 949,400 | 928,724 | 915,035 | 892,717 | 865,366 | 828,741 | 801,128 | 775,572 | 747,406 | 701,354 | 657,152 | 608,188 | 574,017 | 41,596 | 16,650 |
| Return on total capital | 17.76% | 18.63% | 15.47% | 12.58% | 10.21% | 2.46% | 2.96% | 3.61% | 4.96% | 7.89% | 8.14% | -16.85% | -15.01% | -2.61% | 1.77% | 394.55% | 861.83% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $177,315K ÷ ($—K + $998,352K)
= 17.76%
Mister Car Wash, Inc. Common Stock's return on total capital has shown fluctuations over the analyzed periods. The company's return on total capital was exceptionally high at 861.83% as of December 31, 2020, but experienced a significant decline in subsequent periods, reaching negative values in September 2021, December 2021, and March 2022.
However, there was a turnaround in the company's performance starting from June 2022, with the return on total capital showing positive percentages. The trend continued to improve through the following periods up to December 2024, where the return on total capital stood at 17.76%.
Overall, Mister Car Wash, Inc. has exhibited volatility in its return on total capital, with periods of both notable success and challenges. It is essential for investors and stakeholders to consider the company's ability to maintain and potentially improve its return on total capital over the long term.
Peer comparison
Dec 31, 2024