Gorman-Rupp: Return On Capital Employed Insights
Looking at Q1, Gorman-Rupp (NYSE: GRC ) earned $8.97 million, a 6.37% increase from the preceding quarter. Gorman-Rupp also posted a total of $89.03 million in sales, a 7.91% increase since Q4. In Q4, Gorman-Rupp earned $8.44 million, and total sales reached $82.50 million. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a Full story available on Benzinga.com
Gorman-Rupp: Return On Capital Employed Insights
Looking at Q1, Gorman-Rupp (NYSE: GRC ) earned $8.97 million, a 6.37% increase from the preceding quarter. Gorman-Rupp also posted a total of $89.03 million in sales, a 7.91% increase since Q4. In Q4, Gorman-Rupp earned $8.44 million, and total sales reached $82.50 million. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a Full story available on Benzinga.com