MaxLinear Inc (MXL)

Return on total capital

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands — -227,843 -38,221 183,966 60,866
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 451,895 516,283 686,265 676,385 489,198
Return on total capital 0.00% -44.13% -5.57% 27.20% 12.44%

December 31, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $451,895K)
= 0.00%