TripAdvisor Inc (TRIP)
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 | 169,000 | 121,000 | 119,000 | 128,000 | 111,000 | 80,000 | 22,000 | -77,000 | -141,000 | -196,000 | -256,000 | -393,000 | -333,000 | -220,000 | -100,000 | 142,000 | 202,000 | 204,000 | 220,000 | 195,000 |
| Long-term debt | US$ in thousands | 839,000 | 839,000 | 838,000 | 837,000 | 836,000 | 836,000 | 835,000 | 834,000 | 833,000 | 832,000 | 832,000 | 831,000 | 491,000 | 490,000 | 700,000 | 700,000 | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 871,000 | 823,000 | 781,000 | 808,000 | 861,000 | 813,000 | 796,000 | 767,000 | 789,000 | 794,000 | 779,000 | 785,000 | 886,000 | 908,000 | 912,000 | 1,027,000 | 1,161,000 | 1,648,000 | 1,575,000 | 1,507,000 |
| Return on total capital | 9.88% | 7.28% | 7.35% | 7.78% | 6.54% | 4.85% | 1.35% | -4.81% | -8.69% | -12.05% | -15.89% | -24.32% | -24.18% | -15.74% | -6.20% | 8.22% | 17.40% | 12.38% | 13.97% | 12.94% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $169,000K ÷ ($839,000K + $871,000K)
= 9.88%
The return on total capital for TripAdvisor Inc. has exhibited fluctuations over the past eight quarters. In Q4 2023, the return on total capital was 8.26%, showing an improvement compared to the previous quarter. This indicates that the company generated a return of 8.26% on its total capital during that period. The trend in the return on total capital shows variability with some quarters showing positive growth (e.g., Q4 2023, Q1 2023) and others showing declines (e.g., Q3 2022, Q2 2022). Overall, the return on total capital for TripAdvisor Inc. fluctuated between 8.26% in Q4 2023 and -4.19% in Q1 2022, suggesting varying levels of efficiency in generating returns on the total capital employed by the company.
Peer comparison
Dec 31, 2023