NV5 Global Inc (NVEE)
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 | 43,434 | 61,180 | 66,182 | 68,344 | 44,149 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 833,014 | 775,795 | 694,240 | 624,720 | 394,069 |
| Return on total capital | 5.21% | 7.89% | 9.53% | 10.94% | 11.20% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $43,434K ÷ ($—K + $833,014K)
= 5.21%
The return on total capital for NV5 Global Inc has shown a decreasing trend over the period from December 31, 2020, to December 31, 2024. Starting at 11.20% in 2020, the return on total capital decreased to 10.94% in 2021, further declining to 9.53% in 2022, 7.89% in 2023, and finally reaching 5.21% in 2024. This indicates a declining efficiency in generating returns from the total capital employed by the company over the years. It is important for NV5 Global Inc to closely monitor and address factors affecting its return on total capital to ensure sustainable and profitable operations in the future.
Peer comparison
Dec 31, 2024