Schneider National Inc (SNDR)

Return on total capital

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 Sep 30, 2019
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 161,000 215,300 320,300 431,400 551,800 621,000 613,600 653,100 633,600 604,600 554,500 477,200 390,400 310,600 296,500 271,200 238,200 223,500 214,700 255,700
Long-term debt US$ in thousands — — 190,000 — — — 135,000 — — — — — — — — — — — 304,600 304,600
Total stockholders’ equity US$ in thousands 2,951,600 2,942,000 2,956,800 2,957,100 2,948,400 2,918,800 2,837,200 2,737,900 2,623,800 2,504,900 2,423,800 2,299,100 2,198,400 2,099,900 2,055,500 2,342,500 2,305,800 2,268,500 2,236,400 2,192,200
Return on total capital 5.45% 7.32% 10.18% 14.59% 18.72% 21.28% 20.64% 23.85% 24.15% 24.14% 22.88% 20.76% 17.76% 14.79% 14.42% 11.58% 10.33% 9.85% 8.45% 10.24%

June 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $161,000K ÷ ($—K + $2,951,600K)
= 5.45%

Schneider National Inc's return on total capital has shown variability over the past several quarters. The trend indicates a gradual decline in return on total capital from the most recent period at 5.45% to a peak of 24.15% in the quarter ending Jun 30, 2022. The company's return on total capital has generally been in the double digits, reflecting a decent performance in generating returns from its total capital base. However, the latest figure of 5.45% shows a decrease from the previous periods.

It is essential for Schneider National Inc to monitor and potentially improve its return on total capital to ensure efficient utilization of its total capital resources. The company may need to explore ways to enhance profitability and efficiency in deploying its capital to generate higher returns for its stakeholders. Monitoring the factors influencing this ratio and implementing effective strategies to optimize capital allocation could help Schneider National Inc improve its overall financial performance.