Rogers Corporation (ROG)

Return on total capital

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 35,900 87,600 150,612 129,357 80,681
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,251,600 1,259,000 1,172,470 1,118,900 1,020,760
Return on total capital 2.87% 6.96% 12.85% 11.56% 7.90%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $35,900K ÷ ($—K + $1,251,600K)
= 2.87%

Rogers Corporation's return on total capital has shown fluctuating trends over the past five years. The return on total capital increased from 7.90% in 2020 to 12.85% in 2022, indicating improved efficiency in generating profits relative to the total capital employed. However, in 2023, the return on total capital declined to 6.96%, possibly signaling challenges in maintaining profitability. The decrease continued in 2024, with the return on total capital dropping to 2.87%, suggesting a significant decline in the company's ability to generate returns on its total capital. Overall, the varying performance of Rogers Corporation's return on total capital reflects changing profitability dynamics and may warrant further investigation into the underlying factors driving these fluctuations.