ePlus inc (PLUS)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 164,870 | 167,107 | 147,932 | 108,843 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 977,623 | 901,779 | 782,265 | 660,738 | 562,410 |
| Return on total capital | 0.00% | 18.28% | 21.36% | 22.39% | 19.35% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $977,623K)
= 0.00%
ePlus inc's return on total capital has shown fluctuations over the past five years based on the data provided. The return on total capital was 19.35% as of March 31, 2021, improving to 22.39% by March 31, 2022, indicating the company's ability to generate profits relative to the total capital invested.
The trend continued positively with a return on total capital of 21.36% as of March 31, 2023. However, there was a slight decline in performance with a return on total capital of 18.28% by March 31, 2024. Notably, there was a significant drop to 0.00% by March 31, 2025, which suggests a potential issue with capital allocation or profitability during that period.
Overall, while ePlus inc has demonstrated an ability to generate returns above the cost of capital in recent years, the sudden drop in return on total capital in the latest year may require further analysis to understand the underlying factors influencing the company's financial performance.
Peer comparison
Mar 31, 2025