Interface Inc (TILE)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | 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 | Jul 5, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 102,761 | 133,953 | 122,754 | 111,574 | 96,877 | 48,839 | 47,670 | 57,817 | 77,482 | 133,335 | 131,794 | 124,104 | 111,361 | 108,169 | 93,549 | 77,357 | 72,464 | -58,388 | -167,148 | -142,928 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 589,130 | — |
| Total stockholders’ equity | US$ in thousands | 1,170,820 | 501,563 | 451,165 | 428,548 | 425,947 | 387,564 | 384,908 | 367,029 | 361,537 | 321,423 | 347,377 | 366,880 | 363,398 | 336,777 | 335,586 | 314,815 | 326,538 | 287,020 | 258,196 | 258,196 |
| Return on total capital | 8.78% | 26.71% | 27.21% | 26.04% | 22.74% | 12.60% | 12.38% | 15.75% | 21.43% | 41.48% | 37.94% | 33.83% | 30.64% | 32.12% | 27.88% | 24.57% | 22.19% | -20.34% | -19.73% | -55.36% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $102,761K ÷ ($—K + $1,170,820K)
= 8.78%
Interface Inc's Return on Total Capital has shown variability over the past few years, starting from negative figures in mid-2020 and gradually improving to reach a peak of 41.48% by September 30, 2022. This indicates a significant enhancement in the company's efficiency in generating profits from its total capital employed. However, the ratio experienced a decline towards the end of 2022 and continued to fluctuate around the 20-30% range until December 31, 2024, where it decreased to 8.78%. It is essential for stakeholders to monitor this trend closely to assess the company's ability to generate returns on the total capital invested.
Peer comparison
Dec 31, 2024