Tegna Inc (TGNA)
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 | 942,225 | 779,450 | 1,008,520 | 812,713 | 866,301 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,004,710 | 2,704,870 | 3,071,720 | 2,519,910 | 2,058,100 |
| Return on total capital | 31.36% | 28.82% | 32.83% | 32.25% | 42.09% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $942,225K ÷ ($—K + $3,004,710K)
= 31.36%
Based on the provided data, Tegna Inc's return on total capital has fluctuated over the past five years. As of December 31, 2020, the return on total capital was 42.09%, indicating a strong performance. However, there was a slight decrease in the returns for the following years, with figures of 32.25% in 2021, 32.83% in 2022, 28.82% in 2023, and a subsequent increase to 31.36% by the end of 2024.
Overall, Tegna Inc has consistently demonstrated a solid return on total capital, though there has been some variability in the figures from year to year. It is important for investors and stakeholders to monitor these fluctuations and consider the company's performance in context with industry trends and economic conditions.
Peer comparison
Dec 31, 2024