Palantir Technologies Inc. Class A Common Stock (PLTR)

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 299,360 365,154 332,725 237,460 160,694 134,461 -67,947 -254,092 -356,969 -519,111 -497,504 -465,084 -484,854 -516,395 -1,275,089 -1,235,304 -1,167,566 -1,169,020 -450,958 -487,207
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 5,003,280 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 1,805,940 1,522,550 1,251,750 761,993 146,589
Return on total capital 5.98% 8.12% 8.21% 6.29% 4.62% 4.22% -2.30% -9.33% -13.92% -21.75% -21.18% -19.67% -21.16% -22.97% -61.63% -68.40% -76.68% -93.39% -59.18% -332.36%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $299,360K ÷ ($—K + $5,003,280K)
= 5.98%

The return on total capital for Palantir Technologies Inc. Class A Common Stock has shown a significant improvement over the last few quarters. Starting from a negative value of -332.36% in March 31, 2020, the company experienced a gradual decrease in the percentage of return on total capital, with improvements becoming more apparent from March 31, 2023 onward. By December 31, 2024, the return on total capital reached a positive value of 5.98%, indicating that the company has been able to generate a return on its total capital investment. This positive trend suggests that Palantir Technologies has been effectively utilizing its capital resources to generate returns for its investors.