Trimble Inc (TRMB)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 448,700 | 380,000 | 419,000 | 452,100 | 478,100 | 487,800 | 492,100 | 532,000 | 552,700 | 569,800 | 611,900 | 650,600 | 640,000 | 653,400 | 595,200 | 519,300 | 468,200 | 447,100 | 428,000 | 437,500 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,745,300 | 5,875,100 | 5,633,400 | 4,349,100 | 4,500,100 | 4,343,000 | 4,331,300 | 4,245,200 | 4,050,200 | 3,844,800 | 3,894,500 | 3,987,900 | 3,944,700 | 3,881,800 | 3,838,600 | 3,673,600 | 3,596,900 | 3,350,000 | 3,211,900 | 3,101,300 |
| Return on total capital | 7.81% | 6.47% | 7.44% | 10.40% | 10.62% | 11.23% | 11.36% | 12.53% | 13.65% | 14.82% | 15.71% | 16.31% | 16.22% | 16.83% | 15.51% | 14.14% | 13.02% | 13.35% | 13.33% | 14.11% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $448,700K ÷ ($—K + $5,745,300K)
= 7.81%
The return on total capital for Trimble Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
- The return on total capital ranged from a peak of 16.83% in September 2021 to a low of 6.47% in September 2024.
- The trend showed an increase from 14.11% in March 2020 to 16.83% in September 2021, indicating improving efficiency in generating returns from the total capital employed.
- However, the return on total capital started declining after September 2021, reaching 7.81% by December 31, 2024.
- This downward trend may suggest potential challenges or inefficiencies in utilizing the total capital effectively to generate returns.
Overall, the return on total capital for Trimble Inc has displayed variability and a general declining trend in the latter part of the period, highlighting the importance for the company to assess and address factors impacting the efficiency of its capital utilization.
Peer comparison
Dec 31, 2024