Regal Beloit Corporation (RRX)
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 | 652,000 | 702,600 | 509,000 | 470,000 | 435,300 | 408,200 | 597,600 | 642,200 | 708,600 | 574,500 | 511,600 | 420,200 | 350,100 | 405,100 | 383,800 | 318,000 | 290,400 | 276,800 | 258,600 | 307,400 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,259,800 | 6,473,100 | 6,355,900 | 6,254,500 | 6,344,300 | 6,169,200 | 6,410,300 | 6,420,600 | 6,388,200 | 6,139,900 | 6,276,700 | 6,383,700 | 6,311,900 | 2,694,800 | 2,665,000 | 2,584,100 | 2,544,400 | 2,421,900 | 2,319,100 | 2,270,600 |
| Return on total capital | 10.42% | 10.85% | 8.01% | 7.51% | 6.86% | 6.62% | 9.32% | 10.00% | 11.09% | 9.36% | 8.15% | 6.58% | 5.55% | 15.03% | 14.40% | 12.31% | 11.41% | 11.43% | 11.15% | 13.54% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $652,000K ÷ ($—K + $6,259,800K)
= 10.42%
Regal Beloit Corporation's return on total capital has shown some variations over the reported periods. The ratio ranged from a low of 5.55% in December 31, 2021, to a high of 15.03% in September 30, 2021, indicating fluctuations in the company's efficiency in generating returns from its total capital employed.
The return on total capital improved in the recent quarters, with an upward trend from 6.58% in March 31, 2022, to 10.42% in December 31, 2024. However, there was a slight dip in the ratio in the last quarter of 2024 compared to the previous period.
Overall, the return on total capital for Regal Beloit Corporation seems to have stabilized around the 10% range in the latest reported periods. It is important for stakeholders to monitor this ratio to assess the company's ability to generate profits relative to the total capital invested.
Peer comparison
Dec 31, 2024