Looking Into Comfort Systems USA''s Return On Capital Employed
According to Benzinga Pro data Comfort Systems USA (NYSE: FIX ) posted a 51.31% decrease in earnings from Q1. Sales, however, increased by 15.0% over the previous quarter to $1.02 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Comfort Systems USA is not utilizing their capital as effectively as possible. In Q1, Comfort Systems USA earned $86.76 million, and total sales reached $885.22 million. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly … Full story available on Benzinga.com
Looking Into Comfort Systems USA''s Return On Capital Employed
According to Benzinga Pro data Comfort Systems USA (NYSE: FIX ) posted a 51.31% decrease in earnings from Q1. Sales, however, increased by 15.0% over the previous quarter to $1.02 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Comfort Systems USA is not utilizing their capital as effectively as possible. In Q1, Comfort Systems USA earned $86.76 million, and total sales reached $885.22 million. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly … Full story available on Benzinga.com