Vishay Intertechnology Inc (VSH)
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 | 7,864 | 134,269 | 264,483 | 368,495 | 489,794 | 547,201 | 614,858 | 630,212 | 608,817 | 594,430 | 534,296 | 501,136 | 454,596 | 391,778 | 329,538 | 246,127 | 199,952 | 181,681 | 178,592 | 216,058 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,028,960 | 2,167,670 | 2,175,860 | 2,181,980 | 2,196,080 | 2,138,280 | 2,210,620 | 2,143,010 | 2,046,250 | 1,896,800 | 1,837,420 | 1,812,780 | 1,743,750 | 1,725,520 | 1,657,020 | 1,565,450 | 1,576,380 | 1,536,640 | 1,496,380 | 1,467,120 |
| Return on total capital | 0.39% | 6.19% | 12.16% | 16.89% | 22.30% | 25.59% | 27.81% | 29.41% | 29.75% | 31.34% | 29.08% | 27.64% | 26.07% | 22.70% | 19.89% | 15.72% | 12.68% | 11.82% | 11.93% | 14.73% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $7,864K ÷ ($—K + $2,028,960K)
= 0.39%
Vishay Intertechnology Inc's return on total capital has shown fluctuation over the past few years, ranging from a low of 0.39% in December 2024 to a high of 31.34% in September 2022. The trend indicates that the company's performance in generating returns relative to its total capital has been inconsistent.
The return on total capital peaked in the first half of 2023, reaching above 27%, but declined significantly towards the end of 2024. The sharp decrease in the return on total capital towards the end of 2024 suggests potential challenges or issues impacting the company's profitability or capital utilization efficiency during that period.
It is important for investors and stakeholders to closely monitor Vishay Intertechnology Inc's return on total capital trend to assess the company's ability to effectively deploy its capital and generate meaningful returns for its investors. Further analysis would be required to understand the factors contributing to the fluctuations in the return on total capital and evaluate the company's overall financial performance.
Peer comparison
Dec 31, 2024