Par Pacific Holdings Inc (PARR)
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 | 43,775 | 685,756 | 442,452 | -13,679 | -361,849 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,191,300 | 1,335,420 | 644,537 | 265,700 | 246,274 |
| Return on total capital | 3.67% | 51.35% | 68.65% | -5.15% | -146.93% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $43,775K ÷ ($—K + $1,191,300K)
= 3.67%
Par Pacific Holdings Inc's return on total capital has shown significant fluctuations over the years based on the data provided. As of December 31, 2020, the return on total capital was -146.93%, indicating a substantial negative return on the capital employed by the company. However, there was an improvement in performance by December 31, 2021, with the return on total capital improving to -5.15%.
By December 31, 2022, Par Pacific Holdings Inc experienced a notably positive return on total capital of 68.65%, reflecting an efficient utilization of capital to generate profits. This positive trend continued into December 31, 2023, with a return on total capital of 51.35%. However, by December 31, 2024, the return on total capital decreased to 3.67%, suggesting a slight decline in the company's profitability efficiency in that period.
Overall, the company's return on total capital has shown a mix of negative and positive performances over the years, with considerable fluctuations. It will be important for investors and stakeholders to monitor these ratios closely to assess the company's ongoing financial health and operational effectiveness.
Peer comparison
Dec 31, 2024