Proto Labs Inc (PRLB)
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 | 26,784 | 31,118 | 31,687 | 31,394 | 28,382 | 21,368 | 18,183 | 22,872 | 27,247 | 13,538 | 13,213 | 18,922 | 14,993 | 38,283 | 49,025 | 47,272 | 59,836 | 68,407 | 72,011 | 77,233 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 743,512 | 679,993 | 685,236 | 687,310 | 695,295 | 684,922 | 682,685 | 683,137 | 697,648 | 810,846 | 820,698 | 832,035 | 828,493 | 824,621 | 831,977 | 813,431 | 644,356 | 625,821 | 601,249 | 587,740 |
| Return on total capital | 3.60% | 4.58% | 4.62% | 4.57% | 4.08% | 3.12% | 2.66% | 3.35% | 3.91% | 1.67% | 1.61% | 2.27% | 1.81% | 4.64% | 5.89% | 5.81% | 9.29% | 10.93% | 11.98% | 13.14% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $26,784K ÷ ($—K + $743,512K)
= 3.60%
Proto Labs Inc's return on total capital has shown a general downward trend over the periods provided, starting at 13.14% on March 31, 2020, and decreasing to 3.60% by December 31, 2024. This indicates a decreasing ability of the company to generate returns from its total capital employed in its operations. The decline in return on total capital could signify challenges in efficiently utilizing the capital or declining profitability relative to the capital invested. It would be important for Proto Labs Inc to investigate the reasons behind this trend and take necessary steps to improve its return on total capital to enhance overall financial performance and ensure sustainable growth in the future.
Peer comparison
Dec 31, 2024