Stepan''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Stepan (NYSE: SCL ) earned $52.13 million, a 16.33% increase from the preceding quarter. Stepan also posted a total of $751.63 million in sales, a 11.31% increase since Q1. In Q1, Stepan earned $44.81 million, and total sales reached $675.28 million. Why Is ROCE Significant? 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 company''s ROCE. A higher ROCE is generally representative of successful growth of … Full story available on Benzinga.com
Stepan''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, Stepan (NYSE: SCL ) earned $52.13 million, a 16.33% increase from the preceding quarter. Stepan also posted a total of $751.63 million in sales, a 11.31% increase since Q1. In Q1, Stepan earned $44.81 million, and total sales reached $675.28 million. Why Is ROCE Significant? 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 company''s ROCE. A higher ROCE is generally representative of successful growth of … Full story available on Benzinga.com