Pentair''s Return On Invested Capital Insights
According to Benzinga Pro, during Q2, Pentair (NYSE: PNR ) earned $152.90 million, a 30.02% increase from the preceding quarter. Pentair also posted a total of $1.06 billion in sales, a 6.44% increase since Q1. In Q1, Pentair earned $117.60 million, whereas sales reached $999.60 million. What Is Return On Invested Capital? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of … Full story available on Benzinga.com
Pentair''s Return On Invested Capital Insights
According to Benzinga Pro, during Q2, Pentair (NYSE: PNR ) earned $152.90 million, a 30.02% increase from the preceding quarter. Pentair also posted a total of $1.06 billion in sales, a 6.44% increase since Q1. In Q1, Pentair earned $117.60 million, whereas sales reached $999.60 million. What Is Return On Invested Capital? Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company''s ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of … Full story available on Benzinga.com