MDU Resources Group Inc (MDU)
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 | 307,009 | 528,190 | 547,220 | 674,822 | 624,354 | 640,201 | 548,490 | 432,822 | 398,499 | 343,398 | 506,536 | 536,910 | 560,485 | 589,264 | 602,488 | 604,089 | 571,636 | 546,377 | 530,538 | 481,147 |
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 2,691,000 | 3,057,980 | 3,017,800 | 2,980,940 | 2,905,000 | 2,757,430 | 2,706,190 | 3,575,380 | 3,587,130 | 3,491,860 | 3,386,810 | 3,360,720 | 3,382,870 | 3,332,280 | 3,198,800 | 3,100,310 | 3,079,100 | 3,013,000 | 2,898,000 | 2,837,000 |
Return on total capital | 11.41% | 17.27% | 18.13% | 22.64% | 21.49% | 23.22% | 20.27% | 12.11% | 11.11% | 9.83% | 14.96% | 15.98% | 16.57% | 17.68% | 18.83% | 19.48% | 18.57% | 18.13% | 18.31% | 16.96% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $307,009K ÷ ($—K + $2,691,000K)
= 11.41%
MDU Resources Group Inc's return on total capital has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio increased from 16.96% in March 2020 to a peak of 23.22% in September 2023, indicating improved performance in generating returns from the total capital employed in the business. However, the ratio experienced a decline to 11.41% by December 31, 2024. Overall, MDU Resources Group Inc's return on total capital has shown variability, suggesting changes in the efficiency of capital utilization and profitability over the analyzed period.
Peer comparison
Dec 31, 2024