Progyny Inc (PGNY)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 67,455 | 65,468 | 71,199 | 65,696 | 62,184 | 51,690 | 44,756 | 38,410 | 23,341 | 19,847 | 17,657 | 20,475 | 32,340 | 33,689 | 29,452 | 16,724 | 8,348 | 8,331 | 6,572 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 422,062 | 434,876 | 456,193 | 571,604 | 553,429 | 515,393 | 469,499 | 424,401 | 376,968 | 346,856 | 311,024 | 279,619 | 251,822 | 224,113 | 204,541 | 184,618 | 166,947 | 125,886 | 118,710 |
| Return on total capital | 15.98% | 15.05% | 15.61% | 11.49% | 11.24% | 10.03% | 9.53% | 9.05% | 6.19% | 5.72% | 5.68% | 7.32% | 12.84% | 15.03% | 14.40% | 9.06% | 5.00% | 6.62% | 5.54% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $67,455K ÷ ($—K + $422,062K)
= 15.98%
The return on total capital for Progyny Inc has shown fluctuations over the periods indicated. It started at 5.54% as of June 30, 2020, increased to 15.03% by September 30, 2021, before slightly decreasing to 5.68% by June 30, 2022. The return then picked up again, reaching 15.98% by December 31, 2024.
Overall, the trend in the return on total capital has been somewhat volatile with periods of both increase and decrease. The company demonstrated a significant improvement in its return on total capital from September 30, 2021, to December 31, 2024, indicating potential efficiency or profitability enhancements during this period. However, it is essential to further analyze the company's financial performance and operational strategies to understand the factors driving these fluctuations in the return on total capital.
Peer comparison
Dec 31, 2024