NXP Semiconductors NV (NXPI)
Return on total capital
| 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 | Dec 31, 2019 | Sep 30, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 3,758,000 | 3,795,000 | 3,772,000 | 3,712,000 | 3,743,000 | 3,354,000 | 3,068,000 | 2,715,000 | 2,320,000 | 2,142,000 | 1,453,000 | 748,000 | 331,000 | 121,000 | 335,000 | 699,000 | |||
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 25,000 |
| Total stockholders’ equity | US$ in thousands | 8,644,000 | 8,488,000 | 8,172,000 | 7,949,000 | 7,449,000 | 7,106,000 | 6,962,000 | 6,509,000 | 6,528,000 | 6,738,000 | 7,442,000 | 8,303,000 | 8,944,000 | 8,876,000 | 8,862,000 | 9,036,000 | 9,441,000 | 9,390,000 | 10,505,000 |
| Return on total capital | 43.48% | 44.71% | 46.16% | 46.70% | 50.25% | 47.20% | 44.07% | 41.71% | 35.54% | 31.79% | 19.52% | 9.01% | 3.70% | 1.36% | 3.78% | 7.74% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $3,758,000K ÷ ($—K + $8,644,000K)
= 43.48%
The return on total capital for NXP Semiconductors NV has been relatively stable and consistently above 17% over the past eight quarters, ranging from 17.42% to 20.38%. This indicates that the company has been effectively utilizing its total capital to generate profits. The slight decrease observed from Q4 2022 to Q1 2023 has been followed by a gradual recovery in subsequent quarters. Overall, the trend suggests that NXP Semiconductors NV has been maintaining a healthy level of return on total capital, which is a positive indicator of its financial performance and efficiency in deploying capital resources effectively.
Peer comparison
Dec 31, 2023