Brady Insights: Return On Capital Employed
Looking at Q3, Brady (NYSE: BRC ) earned $46.73 million, a 24.89% increase from the preceding quarter. Brady also posted a total of $295.50 million in sales, a 11.16% increase since Q2. In Q2, Brady earned $37.41 million, and total sales reached $265.84 million. Why ROCE Is 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 Full story available on Benzinga.com
Brady Insights: Return On Capital Employed
Looking at Q3, Brady (NYSE: BRC ) earned $46.73 million, a 24.89% increase from the preceding quarter. Brady also posted a total of $295.50 million in sales, a 11.16% increase since Q2. In Q2, Brady earned $37.41 million, and total sales reached $265.84 million. Why ROCE Is 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 Full story available on Benzinga.com