Rockwell Automation Inc (ROK)
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 | 633,200 | 1,315,900 | 1,599,200 | 1,641,300 | 1,853,200 | 1,849,000 | 1,719,400 | 1,402,500 | 1,209,900 | 803,000 | 763,100 | 1,223,100 | 1,634,600 | 1,924,900 | 1,950,200 | 1,609,700 | 1,239,800 | 998,400 | 983,100 | 1,214,000 |
| Long-term debt | US$ in thousands | 2,561,300 | 2,559,300 | 2,584,500 | 2,863,000 | 2,862,900 | 2,866,900 | 2,868,100 | 2,866,900 | 2,867,800 | 3,464,100 | 3,466,000 | 3,469,100 | 3,464,600 | 1,977,100 | 1,978,400 | 1,980,300 | 1,974,700 | 1,974,400 | 1,970,200 | 1,953,000 |
| Total stockholders’ equity | US$ in thousands | 3,498,300 | 3,325,700 | 3,543,600 | 3,607,700 | 3,561,600 | 3,343,200 | 3,155,500 | 2,914,800 | 2,725,600 | 2,391,200 | 2,632,200 | 2,504,900 | 2,389,600 | 2,269,600 | 1,817,200 | 1,557,600 | 1,027,800 | 770,500 | 620,800 | 717,000 |
| Return on total capital | 10.45% | 22.36% | 26.10% | 25.37% | 28.85% | 29.77% | 28.54% | 24.26% | 21.63% | 13.71% | 12.51% | 20.47% | 27.92% | 45.33% | 51.38% | 45.50% | 41.29% | 36.37% | 37.94% | 45.47% |
September 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $633,200K ÷ ($2,561,300K + $3,498,300K)
= 10.45%
Return on total capital is a key financial metric that indicates how effectively a company is utilizing its total capital to generate profits. Rockwell Automation Inc's return on total capital has shown fluctuations over the past years, ranging from 10.45% to 51.38%.
In recent quarters, the return on total capital has been relatively stable, varying between 22.36% to 26.10%. This suggests that the company has been able to maintain a consistent level of profitability relative to its invested capital during these periods.
However, it is important to note that the return on total capital has seen higher peaks in the past, reaching levels as high as 51.38% in the first quarter of 2021. This indicates that in the past, Rockwell Automation Inc has been able to achieve higher levels of profitability relative to its total capital investment.
Overall, while the return on total capital for Rockwell Automation Inc has shown fluctuations, the recent stable performance indicates a decent level of efficiency in utilizing its total capital to generate returns for shareholders.
Peer comparison
Sep 30, 2024