Veralto Corporation (VLTO)
Return on total capital
| Dec 31, 2023 | ||
|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,152,000 |
| Long-term debt | US$ in thousands | 2,629,000 |
| Total stockholders’ equity | US$ in thousands | 1,383,000 |
| Return on total capital | 28.71% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,152,000K ÷ ($2,629,000K + $1,383,000K)
= 28.71%
Peer comparison
Dec 31, 2023
Company name
Symbol
Return on total capital
Veralto Corporation
VLTO
28.71%
Agilent Technologies Inc
A
24.53%
Cohu Inc
COHU
5.00%
Itron Inc
ITRI
7.61%
Teradyne Inc
TER
20.96%