Simpson Manufacturing Company Inc (SSD)
Return on total capital
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 475,150 | 482,334 | 464,936 | 452,991 | 459,065 | 477,390 | 455,194 | 423,846 | 367,792 | 310,188 | 300,912 | 271,396 | 252,363 | 249,516 | 219,140 | 200,581 | 181,254 | 163,473 | 162,184 | 169,964 |
| Long-term debt | US$ in thousands | 410,625 | 539,073 | 544,309 | 427,500 | 433,100 | 660,164 | 665,449 | 450,000 | 0 | 0 | 0 | 0 | 0 | 75,000 | 150,000 | 150,000 | 0 | 0 | 0 | 0 |
| Total stockholders’ equity | US$ in thousands | 1,679,750 | 1,669,490 | 1,583,610 | 1,487,410 | 1,413,380 | 1,337,560 | 1,284,640 | 1,231,810 | 1,184,000 | 1,123,000 | 1,086,900 | 1,014,510 | 980,943 | 960,800 | 894,212 | 841,594 | 891,957 | 876,947 | 868,421 | 835,418 |
| Return on total capital | 22.73% | 21.84% | 21.85% | 23.66% | 24.86% | 23.90% | 23.34% | 25.20% | 31.06% | 27.62% | 27.69% | 26.75% | 25.73% | 24.09% | 20.99% | 20.23% | 20.32% | 18.64% | 18.68% | 20.34% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $475,150K ÷ ($410,625K + $1,679,750K)
= 22.73%
Simpson Manufacturing Co., Inc. has demonstrated a consistent and healthy return on total capital over the past eight quarters, with figures ranging from 21.91% to 24.29%. The return on total capital for Q4 2023 decreased slightly to 22.19% compared to the previous quarter. This metric indicates the company's efficiency in generating profits from its total capital investment. Despite the minor fluctuations, Simpson Manufacturing Co., Inc. has maintained a solid performance in utilizing its capital to generate returns for its stakeholders.
Peer comparison
Dec 31, 2023
Company name
Symbol
Return on total capital
Simpson Manufacturing Company Inc
SSD
22.73%
Snap-On Inc
SNA
21.65%
Stanley Black & Decker Inc
SWK
1.02%