Metallus, Inc (MTUS)
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 | 5,800 | 33,400 | 74,400 | 108,200 | 96,400 | 88,400 | 41,400 | 78,100 | 101,400 | 167,600 | 231,800 | 209,800 | 180,200 | 110,900 | 50,100 | -16,600 | -46,700 | -128,000 | -137,900 | -138,500 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 690,500 | 712,700 | 736,300 | 739,300 | 731,600 | 730,300 | 711,800 | 691,400 | 686,500 | 735,100 | 768,900 | 703,200 | 664,600 | 620,600 | 570,000 | 513,300 | 507,500 | 514,400 | 527,000 | 542,100 |
| Return on total capital | 0.84% | 4.69% | 10.10% | 14.64% | 13.18% | 12.10% | 5.82% | 11.30% | 14.77% | 22.80% | 30.15% | 29.84% | 27.11% | 17.87% | 8.79% | -3.23% | -9.20% | -24.88% | -26.17% | -25.55% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $5,800K ÷ ($—K + $690,500K)
= 0.84%
The return on total capital for Metallus, Inc has shown a declining trend from negative figures in March 2020 to December 2020. However, starting from March 2021, there is a notable improvement in the return on total capital, indicating a positive turn for the company. The return on total capital continued to increase, reaching its peak at 30.15% in June 2022.
Subsequently, there was some fluctuation in the return on total capital, with peaks and troughs observed over various quarters. Overall, despite some fluctuations, the return on total capital for Metallus, Inc generally stayed positive from March 2021 to December 2024, which indicates the company's ability to generate earnings relative to the total capital invested in the business. The return on total capital for December 2024 is 0.84%, showing a slight decrease from the previous quarter. Further analysis would be required to understand the factors contributing to this change.
Peer comparison
Dec 31, 2024