NV5 Global Inc (NVEE)
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 | 46,895 | 53,787 | 48,346 | 56,904 | 61,180 | 57,204 | 60,453 | 62,615 | 66,184 | 74,763 | 75,390 | 71,342 | 68,343 | 56,626 | 51,914 | 44,324 | 44,151 | 40,956 | 34,542 | 33,177 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 833,014 | 823,001 | 802,599 | 783,280 | 775,795 | 759,917 | 741,148 | 719,870 | 694,240 | 682,357 | 660,943 | 639,503 | 624,720 | 604,122 | 585,986 | 547,189 | 394,069 | 384,565 | 372,370 | 364,366 |
| Return on total capital | 5.63% | 6.54% | 6.02% | 7.26% | 7.89% | 7.53% | 8.16% | 8.70% | 9.53% | 10.96% | 11.41% | 11.16% | 10.94% | 9.37% | 8.86% | 8.10% | 11.20% | 10.65% | 9.28% | 9.11% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $46,895K ÷ ($—K + $833,014K)
= 5.63%
The return on total capital of NV5 Global Inc has shown some fluctuations over the analyzed period. The ratio increased from 9.11% as of March 31, 2020, to a peak of 11.41% by June 30, 2022, indicating an improvement in the company's ability to generate profits relative to the total capital employed. However, the ratio started declining thereafter and reached 5.63% by December 31, 2024. This downward trend suggests a potential decrease in the efficiency of NV5 Global Inc in utilizing its total capital to generate returns for its investors. Monitoring future financial reports will be important to assess whether this decreasing trend persists and to understand the factors impacting the company's return on total capital.
Peer comparison
Dec 31, 2024