Pool Corporation (POOL)
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 | 617,204 | 635,898 | 653,988 | 709,516 | 746,567 | 774,518 | 843,952 | 935,831 | 1,025,783 | 1,045,279 | 1,018,678 | 938,376 | 831,684 | 779,112 | 690,069 | 557,340 | 470,841 | 422,420 | 378,727 | 345,393 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,273,460 | 1,432,510 | 1,423,670 | 1,345,680 | 1,312,790 | 1,418,230 | 1,458,530 | 1,256,750 | 1,235,190 | 1,190,880 | 1,229,060 | 1,174,280 | 1,071,390 | 985,212 | 874,748 | 657,928 | 639,470 | 589,501 | 486,791 | 348,398 |
| Return on total capital | 48.47% | 44.39% | 45.94% | 52.73% | 56.87% | 54.61% | 57.86% | 74.46% | 83.05% | 87.77% | 82.88% | 79.91% | 77.63% | 79.08% | 78.89% | 84.71% | 73.63% | 71.66% | 77.80% | 99.14% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $617,204K ÷ ($—K + $1,273,460K)
= 48.47%
The return on total capital for Pool Corporation has shown fluctuating trends over the past few years. Starting at a high of 99.14% on March 31, 2020, the return gradually decreased to 44.39% on September 30, 2024, before recovering slightly to 48.47% on December 31, 2024.
Overall, Pool Corporation's return on total capital has demonstrated some volatility, with periods of both growth and decline. It is essential for the company to monitor and manage its capital effectively to sustain and improve its returns in the future.