Palantir Technologies Inc. Class A Common Stock (PLTR)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 402,187 | 367,824 | 294,100 | 232,977 | 167,107 | -33,367 | -241,053 | -359,573 | -519,111 | -497,542 | -465,161 | -484,931 | -516,472 | -1,276,121 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | 0 | — | — |
| Total stockholders’ equity | US$ in thousands | 4,498,140 | 4,050,520 | 3,775,230 | 3,475,560 | 3,190,020 | 2,955,470 | 2,723,730 | 2,565,330 | 2,386,620 | 2,348,820 | 2,364,750 | 2,291,030 | 2,248,060 | 2,068,960 |
| Return on total capital | 8.94% | 9.08% | 7.79% | 6.70% | 5.24% | -1.13% | -8.85% | -14.02% | -21.75% | -21.18% | -19.67% | -21.17% | -22.97% | -61.68% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $402,187K ÷ ($—K + $4,498,140K)
= 8.94%
Palantir Technologies Inc. Class A Common Stock has exhibited fluctuations in its return on total capital over the past 17 quarters. The return on total capital varied from a low of -61.68% in June 2021 to a high of 9.08% in June 2024. The return on total capital has been mostly negative in recent quarters, with significant improvements seen in the most recent quarters.
Overall, there seems to be a pattern of volatility in Palantir Technologies Inc.'s return on total capital, with periods of negative returns followed by periods of positive returns. Investors and stakeholders should closely monitor the company's operational performance and financial health to better understand the factors driving these fluctuations in return on total capital.
Peer comparison
Sep 30, 2024