Zoetis Return On Capital Employed Insights
Pulled from Benzinga Pro data, Zoetis (NYSE: ZTS ) showed a loss in earnings since Q1, totaling $529.00 million. Sales, on the other hand, increased by 3.32% to $2.05 billion during Q2. Zoetis reached earnings of $594.00 million and sales of $1.99 billion in Q1. 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 company''s ROCE. A higher ROCE is generally representative of successful growth of a company … Full story available on Benzinga.com
Zoetis Return On Capital Employed Insights
Pulled from Benzinga Pro data, Zoetis (NYSE: ZTS ) showed a loss in earnings since Q1, totaling $529.00 million. Sales, on the other hand, increased by 3.32% to $2.05 billion during Q2. Zoetis reached earnings of $594.00 million and sales of $1.99 billion in Q1. 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 company''s ROCE. A higher ROCE is generally representative of successful growth of a company … Full story available on Benzinga.com