Owens & Minor Inc (OMI)
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 | -128,756 | 195,699 | 236,168 | 232,586 | 217,708 | 104,225 | 109,380 | 157,201 | 235,439 | 349,644 | 348,856 | 340,073 | 388,743 | 411,365 | 424,129 | 345,063 | 211,019 | 128,771 | 71,515 | 61,058 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 565,226 | 874,592 | 860,702 | 894,868 | 924,166 | 886,860 | 896,229 | 924,400 | 945,604 | 966,837 | 958,659 | 947,622 | 938,501 | 887,005 | 848,019 | 786,261 | 712,054 | 451,335 | 395,162 | 416,338 |
| Return on total capital | -22.78% | 22.38% | 27.44% | 25.99% | 23.56% | 11.75% | 12.20% | 17.01% | 24.90% | 36.16% | 36.39% | 35.89% | 41.42% | 46.38% | 50.01% | 43.89% | 29.64% | 28.53% | 18.10% | 14.67% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-128,756K ÷ ($—K + $565,226K)
= -22.78%
Owens & Minor Inc's return on total capital has shown fluctuating performance over the past few years. The trend indicates an improvement from the first quarter of 2020 to the second quarter of 2021, with a significant increase from 14.67% to 50.01%. This period reflected favorable operational efficiency and effective capital utilization by the company.
However, from the third quarter of 2021 to the fourth quarter of 2024, there was notable volatility in the return on total capital ratio. While the ratio remained relatively stable between 2021 and 2022, there was a significant decline in the last quarter of 2022, falling to -22.78%. This negative figure suggests that the company's capital utilization may not have been efficient during that period.
Subsequently, there was a partial recovery in the following periods, with the return on total capital ratio increasing to 27.44% by the second quarter of 2024. Overall, the trend indicates that Owens & Minor Inc has experienced fluctuations in generating returns on its total capital, highlighting the importance of consistently monitoring and managing capital efficiency to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024