Insperity Inc (NSP)

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	154,000	191,244	248,658	240,431	252,215	277,326	265,351	290,873	259,632	218,173	202,588	189,952	175,776	168,835	157,856	194,553	197,286	219,086	227,518	195,684
Long-term debt	US$ in thousands	369,000	369,000	369,000	369,000	369,000	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400	369,400
Total stockholders’ equity	US$ in thousands	97,000	125,000	142,000	140,000	94,000	83,000	131,000	133,000	81,000	60,503	35,132	33,961	-1,774	97,006	87,262	73,644	44,132	40,639	44,638	-3,310
Return on total capital		33.05%	38.71%	48.66%	47.24%	54.47%	61.30%	53.03%	57.90%	57.64%	50.75%	50.08%	47.09%	47.81%	36.20%	34.57%	43.91%	47.71%	53.43%	54.95%	53.45%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $154,000K ÷ ($369,000K + $97,000K)
= 33.05%

The return on total capital for Insperity Inc fluctuated over the analyzed periods, starting at a high of 53.45% in March 2020 and reaching a peak of 61.30% in September 2023. However, there were periods of decline in between, with the return dropping to 34.57% in June 2021. The metric recovered to 57.64% by the end of December 2022 but dipped to 33.05% by December 2024. Overall, the return on total capital demonstrates some volatility, indicating potential shifts in the company's profitability and efficiency in utilizing its capital resources. Investors and stakeholders may want to monitor these fluctuations closely to assess the company's financial performance and strategic decisions.