Penumbra Inc (PEN)
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 | 19,361 | 4,064 | -5,210 | 90,209 | 79,541 | 54,995 | 29,589 | 11,561 | 6,082 | -39,705 | -36,358 | -25,907 | -8,398 | 30,811 | 2,299 | -25,662 | -38,515 | -26,191 | 6,516 | 36,966 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,150,930 | 1,104,280 | 1,161,230 | 1,203,530 | 1,178,940 | 1,104,140 | 1,066,540 | 1,024,470 | 998,858 | 973,752 | 970,015 | 959,302 | 953,927 | 690,939 | 678,928 | 655,091 | 641,498 | 622,406 | 624,794 | 488,933 |
| Return on total capital | 1.68% | 0.37% | -0.45% | 7.50% | 6.75% | 4.98% | 2.77% | 1.13% | 0.61% | -4.08% | -3.75% | -2.70% | -0.88% | 4.46% | 0.34% | -3.92% | -6.00% | -4.21% | 1.04% | 7.56% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $19,361K ÷ ($—K + $1,150,930K)
= 1.68%
Penumbra Inc's return on total capital has shown fluctuating trends over the period under consideration. As of December 31, 2024, the return on total capital stood at 1.68%, marking an improvement from the previous quarter. However, it is important to note that the return on total capital had experienced negative values in several quarters prior to this improvement, which may indicate potential challenges in effectively utilizing the company's total capital to generate returns.
The return on total capital is a key financial metric that measures the efficiency of a company in generating profits from its total capital employed, including both equity and debt. A positive and consistent return on total capital is generally indicative of effective capital allocation and operational performance, while negative values may signify inefficiencies or challenges in maximizing returns on the company's invested capital.
Further analysis and comparison with industry benchmarks or historical performance can provide additional insights into Penumbra Inc's financial health and operational efficiency in utilizing its total capital to generate returns for its shareholders.
Peer comparison
Dec 31, 2024