MSA Safety (MSA)
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 | 411,895 | 253,421 | 260,193 | 34,362 | 177,579 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,143,320 | 966,802 | 923,741 | 834,388 | 809,891 |
| Return on total capital | 36.03% | 26.21% | 28.17% | 4.12% | 21.93% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $411,895K ÷ ($—K + $1,143,320K)
= 36.03%
The return on total capital for MSA Safety has exhibited a fluctuating trend over the past five years. In December 2020, the return on total capital was 21.93%, indicating a strong performance. However, there was a notable decline in December 2021 to 4.12%, suggesting a decrease in efficiency in generating returns from the total capital employed.
The subsequent years saw a significant improvement in performance, with the return on total capital increasing to 28.17% in December 2022 and 26.21% in December 2023. These figures indicate a successful recovery and enhanced efficiency in capital utilization.
The most recent data point in December 2024 shows a notable further increase in the return on total capital to 36.03%, reflecting robust performance and improved profitability relative to the previous years.
Overall, the return on total capital for MSA Safety has demonstrated both volatility and resilience, with the company showing variability in generating returns from its total capital base over the analyzed period.
Peer comparison
Dec 31, 2024