Thryv Holdings Inc (THRY)
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 | -198,816 | 70,030 | 159,382 | 200,688 | 109,777 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 152,700 | 152,700 | 382,267 | 314,715 | 196,775 |
| Return on total capital | -130.20% | 45.86% | 41.69% | 63.77% | 55.79% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-198,816K ÷ ($—K + $152,700K)
= -130.20%
Thryv Holdings Inc's return on total capital has fluctuated significantly over the past five years. In 2024, the company reported a negative return on total capital of -130.20%, indicating that the company's total capital was not generating sufficient returns to cover both debt and equity holders. This negative return raises concerns about the company's ability to effectively utilize its capital resources.
In the previous year, 2023, Thryv Holdings Inc exhibited a return on total capital of 45.86%, reflecting a positive performance and implying that the company was generating healthy returns on its total capital. However, this positive performance was not sustained in the subsequent year, as the return on total capital decreased to 41.69% in 2022.
The highest return on total capital was observed in 2021, reaching a value of 63.77%. This indicates that the company was efficiently utilizing its total capital to generate returns for both debt and equity holders. The year 2020 also showed a relatively strong return on total capital at 55.79%.
Overall, the trend in Thryv Holdings Inc's return on total capital shows significant volatility, with drastic fluctuations between negative and positive values. The company should focus on improving its capital allocation strategies and operational efficiency to ensure sustainable and positive returns on total capital in the future.