Portland General Electric Co (POR)
Return on total capital
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 396,000 | 370,000 | 377,000 | 408,000 | 397,000 | 411,000 | 402,000 | 351,000 | 378,000 | 358,000 | 259,000 | 269,000 | 269,000 | 285,000 | 389,000 | 375,000 | 353,000 | 331,000 | 334,000 | 360,000 |
| Long-term debt | US$ in thousands | 3,905,000 | 3,786,000 | 3,486,000 | 3,485,000 | 3,386,000 | 3,286,000 | 3,286,000 | 3,286,000 | 3,285,000 | 3,285,000 | 2,887,000 | 2,886,000 | 2,886,000 | 2,657,000 | 2,676,000 | 2,478,000 | 2,597,000 | 2,328,000 | 2,377,000 | 2,178,000 |
| Total stockholders’ equity | US$ in thousands | 3,319,000 | 3,295,000 | 3,200,000 | 3,112,000 | 2,779,000 | 2,760,000 | 2,738,000 | 2,709,000 | 2,707,000 | 2,675,000 | 2,661,000 | 2,675,000 | 2,613,000 | 2,595,000 | 2,646,000 | 2,638,000 | 2,591,000 | 2,564,000 | 2,542,000 | 2,548,000 |
| Return on total capital | 5.48% | 5.23% | 5.64% | 6.18% | 6.44% | 6.80% | 6.67% | 5.85% | 6.31% | 6.01% | 4.67% | 4.84% | 4.89% | 5.43% | 7.31% | 7.33% | 6.80% | 6.77% | 6.79% | 7.62% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $396,000K ÷ ($3,905,000K + $3,319,000K)
= 5.48%
Portland General Electric Co's return on total capital has shown a fluctuating trend over the past eight quarters, ranging from 5.01% to 6.42%. The return on total capital was highest in Q3 2022 at 6.42% and lowest in Q3 2023 at 5.01%. The company's ability to generate returns from its total capital has shown some variability, indicating potential fluctuations in the efficiency of its capital utilization and profitability. It may be important for stakeholders to further analyze the factors influencing these fluctuations to assess the company's overall financial performance and sustainability.
Peer comparison
Dec 31, 2023