MGP Ingredients Return On Capital Employed Insights
According to Benzinga Pro, during Q2, MGP Ingredients (NASDAQ: MGPI ) earned $25.36 million, a 32.13% increase from the preceding quarter. MGP Ingredients''s sales decreased to $194.98 million, a 0.13% change since Q1. In Q1, MGP Ingredients earned $37.37 million, and total sales reached $195.24 million. What Is Return On Capital Employed? 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
MGP Ingredients Return On Capital Employed Insights
According to Benzinga Pro, during Q2, MGP Ingredients (NASDAQ: MGPI ) earned $25.36 million, a 32.13% increase from the preceding quarter. MGP Ingredients''s sales decreased to $194.98 million, a 0.13% change since Q1. In Q1, MGP Ingredients earned $37.37 million, and total sales reached $195.24 million. What Is Return On Capital Employed? 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