Dentsply Sirona Inc (XRAY)
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 | -846,000 | -408,000 | -180,000 | -167,000 | -79,042 | 23,903 | -970,097 | -930,097 | -973,055 | -823,000 | 539,000 | 571,000 | 624,000 | 587,600 | 522,600 | 259,100 | -9,800 | -12,000 | 34,200 | 252,700 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,943,000 | 2,491,000 | 3,064,000 | 3,258,000 | 3,293,000 | 3,371,000 | 3,702,000 | 3,641,000 | 3,812,000 | 3,613,000 | 4,837,000 | 4,906,000 | 5,043,000 | 5,122,000 | 5,074,000 | 4,927,000 | 4,970,000 | 4,760,500 | 4,643,100 | 4,690,200 |
| Return on total capital | -43.54% | -16.38% | -5.87% | -5.13% | -2.40% | 0.71% | -26.20% | -25.55% | -25.53% | -22.78% | 11.14% | 11.64% | 12.37% | 11.47% | 10.30% | 5.26% | -0.20% | -0.25% | 0.74% | 5.39% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-846,000K ÷ ($—K + $1,943,000K)
= -43.54%
Dentsply Sirona Inc's return on total capital has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. Initially, the return on total capital was relatively low, ranging from 0.74% to 5.39% in the first few quarters.
However, there was a notable improvement in the return on total capital in the subsequent quarters, with percentages increasing to double digits, reaching highs of 12.37% by December 31, 2021. This period likely indicated a more efficient utilization of the company's capital resources.
Subsequently, the return on total capital started to deteriorate significantly, plunging into negative territory, with percentages as low as -43.54% by December 31, 2024. This decline suggests that the company may have faced challenges in generating returns on its total capital, potentially due to operational inefficiencies or other financial difficulties.
Overall, the trend in Dentsply Sirona Inc's return on total capital reflects both periods of improvement and deterioration, signaling fluctuations in the company's capital efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024