Looking Into Goodyear Tire Rubber''s Return On Capital Employed
According to Benzinga Pro, during Q2, Goodyear Tire Rubber (NASDAQ: GT ) earned $170.00 million, a 77.08% increase from the preceding quarter. Goodyear Tire Rubber also posted a total of $5.21 billion in sales, a 6.19% increase since Q1. Goodyear Tire Rubber earned $96.00 million, and sales totaled $4.91 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 … Full story available on Benzinga.com
Looking Into Goodyear Tire Rubber''s Return On Capital Employed
According to Benzinga Pro, during Q2, Goodyear Tire Rubber (NASDAQ: GT ) earned $170.00 million, a 77.08% increase from the preceding quarter. Goodyear Tire Rubber also posted a total of $5.21 billion in sales, a 6.19% increase since Q1. Goodyear Tire Rubber earned $96.00 million, and sales totaled $4.91 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 … Full story available on Benzinga.com