Omnicell Inc (OMCL)
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 | -6,996 | -102,195 | -110,110 | -105,586 | -106,702 | -45,889 | -31,136 | -26,399 | 1,648 | 47,623 | 58,550 | 74,981 | 89,507 | 98,132 | 78,892 | 42,985 | 35,526 | 34,849 | 45,024 | 66,512 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,243,310 | 1,231,330 | 1,202,810 | 1,188,600 | 1,188,950 | 1,187,440 | 1,163,560 | 1,142,540 | 1,130,140 | 1,135,400 | 1,092,640 | 1,074,740 | 1,146,690 | 1,111,340 | 1,052,570 | 1,011,010 | 967,503 | 918,399 | 887,461 | 878,500 |
| Return on total capital | -0.56% | -8.30% | -9.15% | -8.88% | -8.97% | -3.86% | -2.68% | -2.31% | 0.15% | 4.19% | 5.36% | 6.98% | 7.81% | 8.83% | 7.50% | 4.25% | 3.67% | 3.79% | 5.07% | 7.57% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-6,996K ÷ ($—K + $1,243,310K)
= -0.56%
Omnicell Inc's return on total capital has exhibited some fluctuations over the period from March 31, 2020, to December 31, 2024. The return on total capital started at 7.57% in March 2020, declined to 3.67% by December 2020, but then recovered to 7.81% by December 2021.
However, there was a downward trend from March 2022 onwards, with return on total capital decreasing to -8.97% by December 2023. Subsequently, Omnicell Inc experienced negative returns on total capital in the range of -0.56% to -9.15% over the next four quarters.
The negative trend in return on total capital during the latter part of the period may indicate challenges in generating sufficient returns from the capital invested in the business. It suggests that Omnicell Inc may be facing profitability or operational efficiency issues that are impacting its overall capital performance. Further analysis and investigation into the company's financial and operational practices may be necessary to address and reverse this concerning trend.
Peer comparison
Dec 31, 2024