PTC Inc (PTC)

Return on total capital

		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	Dec 31, 2019
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	588,615	517,667	534,871	480,134	461,983	490,401	492,575	485,786	451,366	481,081	438,192	421,669	442,232	327,287	319,816	268,930	211,134	188,056	134,211	63,778
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	3,214,400	3,014,680	2,943,130	2,806,650	2,677,290	2,598,660	2,518,530	2,400,550	2,296,030	2,157,170	2,083,980	1,953,810	2,038,470	1,724,960	1,650,530	1,494,930	1,438,250	1,327,570	1,274,080	1,247,820
Return on total capital		18.31%	17.17%	18.17%	17.11%	17.26%	18.87%	19.56%	20.24%	19.66%	22.30%	21.03%	21.58%	21.69%	18.97%	19.38%	17.99%	14.68%	14.17%	10.53%	5.11%

September 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $588,615K ÷ ($—K + $3,214,400K)
= 18.31%

The return on total capital for PTC Inc has shown a generally positive trend over the past few quarters. It has ranged from a low of 5.11% in March 2020 to a high of 22.30% in June 2022.

In recent quarters, the return on total capital has been consistently above 17%, with the latest figure reported at 18.31% in September 2024. This indicates that the company has been effectively generating returns from its capital investments.

Overall, the trend suggests that PTC Inc has been efficiently utilizing its capital to generate returns for its stakeholders. However, it is important to continue monitoring this metric to ensure sustained performance and profitability in the future.