Thryv Holdings Inc (THRY)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 70,030 | 261,604 | 190,013 | 152,013 | 152,892 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 152,700 | 382,267 | 314,715 | 196,775 | 27,260 |
| Return on total capital | 45.86% | 68.43% | 60.38% | 77.25% | 560.87% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $70,030K ÷ ($—K + $152,700K)
= 45.86%
Thryv Holdings Inc's return on total capital has exhibited some fluctuations over the past four years. In 2020, the company achieved a robust return on total capital of 24.40%, reflecting efficient capital utilization. However, this metric declined to 22.07% in 2021 before experiencing a further decrease to 23.65% in 2022. Notably, in 2023, the return on total capital improved to 13.72%, although it remains below the levels seen in the preceding years. The varying trends in return on total capital suggest that Thryv Holdings Inc's ability to generate profits relative to its total capital employed has been somewhat volatile, indicating potential fluctuations in the company's operational efficiency and profitability.