Looking Into Lennox International''s Return On Invested Capital
According to Benzinga Pro, during Q2, Lennox International (NYSE: LII ) earned $177.20 million, a 111.96% increase from the preceding quarter. Lennox International also posted a total of $1.37 billion in sales, a 34.85% increase since Q1. Lennox International earned $83.60 million, and sales totaled $1.01 billion in Q1. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is … Full story available on Benzinga.com
Looking Into Lennox International''s Return On Invested Capital
According to Benzinga Pro, during Q2, Lennox International (NYSE: LII ) earned $177.20 million, a 111.96% increase from the preceding quarter. Lennox International also posted a total of $1.37 billion in sales, a 34.85% increase since Q1. Lennox International earned $83.60 million, and sales totaled $1.01 billion in Q1. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is … Full story available on Benzinga.com