N-Able Inc (NABL)
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 | 84,301 | 74,578 | 49,277 | 32,064 | 32,993 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 759,288 | 711,360 | 642,071 | 618,355 | 631,197 |
| Return on total capital | 11.10% | 10.48% | 7.67% | 5.19% | 5.23% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $84,301K ÷ ($—K + $759,288K)
= 11.10%
N-Able Inc's return on total capital has shown a varying trend over the past five years. In December 31, 2020, the return on total capital was 5.23%, which slightly decreased to 5.19% by December 31, 2021. However, the company's performance improved significantly in the following years, with a notable increase to 7.67% in December 31, 2022, further rising to 10.48% by December 31, 2023, and reaching 11.10% by December 31, 2024.
This positive trend indicates that N-Able Inc has been able to generate a higher return on its total capital invested over the years. The company's improving return on total capital reflects its ability to efficiently utilize its capital to generate profits, indicating potential strength in its financial management and operational performance. This steady improvement suggests that N-Able Inc is effectively deploying its capital to generate increasing returns for its stakeholders.
Peer comparison
Dec 31, 2024