Clear Secure Inc (YOU)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 123,191 | 20,138 | -117,498 | -114,933 | -18,929 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 198,353 | 233,329 | 291,065 | 277,613 | 82,355 |
| Return on total capital | 62.11% | 8.63% | -40.37% | -41.40% | -22.98% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $123,191K ÷ ($—K + $198,353K)
= 62.11%
Clear Secure Inc's return on total capital has exhibited significant fluctuations over the past five years. The company reported negative returns in December of 2020, 2021, and 2022, indicating a struggle to generate profits in relation to its total capital during those periods. However, there has been a notable turnaround in the performance of the company, with a return of 8.63% in December 2023, followed by a substantial increase to 62.11% in December 2024.
The positive return on total capital in 2023 and 2024 suggests that Clear Secure Inc has managed to enhance its profitability in comparison to the capital invested in the business. This improvement may indicate more efficient operations, better capital allocation, or increased revenue generation.
Overall, the recent positive trends in return on total capital reflect a potential strengthening of Clear Secure Inc's financial position and operational performance. It will be important for investors and stakeholders to monitor future financial reports to assess the company's ability to sustain and build upon this positive trajectory.
Peer comparison
Dec 31, 2024