Masco Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q2, Masco (NYSE: MAS ) earned $294.00 million, a 16.67% increase from the preceding quarter. Masco also posted a total of $2.35 billion in sales, a 6.86% increase since Q1. Masco earned $252.00 million, and sales totaled $2.20 billion in Q1. Why Is ROIC Significant? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a sign of … Full story available on Benzinga.com
Masco Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q2, Masco (NYSE: MAS ) earned $294.00 million, a 16.67% increase from the preceding quarter. Masco also posted a total of $2.35 billion in sales, a 6.86% increase since Q1. Masco earned $252.00 million, and sales totaled $2.20 billion in Q1. Why Is ROIC Significant? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a sign of … Full story available on Benzinga.com