Qorvo Inc (QRVO)
Return on total capital
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 104,257 | 155,815 | 62,054 | 193,596 | 142,805 | 24,353 | 64,854 | 171,991 | 303,208 | 639,725 | 923,976 | 1,027,314 | 1,244,410 | 1,281,745 | 1,224,172 | 1,080,622 | 882,578 | 663,952 | 623,074 | 514,198 |
Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 3,392,310 | 3,380,430 | 3,410,170 | 3,486,260 | 3,556,370 | 3,638,350 | 3,817,190 | 3,812,220 | 3,902,790 | 4,164,570 | 4,322,140 | 4,300,600 | 4,553,220 | 4,667,200 | 4,727,750 | 4,648,390 | 4,629,420 | 4,503,700 | 4,407,170 | 4,351,240 |
Return on total capital | 3.07% | 4.61% | 1.82% | 5.55% | 4.02% | 0.67% | 1.70% | 4.51% | 7.77% | 15.36% | 21.38% | 23.89% | 27.33% | 27.46% | 25.89% | 23.25% | 19.06% | 14.74% | 14.14% | 11.82% |
March 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $104,257K ÷ ($—K + $3,392,310K)
= 3.07%
Qorvo Inc's return on total capital has displayed fluctuating trends over the past few years. The ratio started at 11.82% on June 30, 2020, and steadily increased, reaching its peak at 27.46% on December 31, 2021. However, from March 31, 2022, the return on total capital began to decline, dropping to 3.07% on March 31, 2025.
The data suggests that Qorvo Inc's ability to generate returns from the total capital employed has shown volatility, with periods of strong performance followed by decreases in returns. It is important for stakeholders to monitor this metric closely to understand the company's efficiency in utilizing its capital resources and its overall financial health.
Peer comparison
Mar 31, 2025