HE Equipment Services''s Return on Invested Capital Insights
According to Benzinga Pro, during Q2, HE Equipment Services (NASDAQ: HEES ) earned $26.35 million, a 61.67% increase from the preceding quarter. HE Equipment Services also posted a total of $294.67 million in sales, a 8.16% increase since Q1. In Q1, HE Equipment Services earned $16.30 million, and total sales reached $272.45 million. What Is Return On Invested Capital? 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 … Full story available on Benzinga.com
HE Equipment Services''s Return on Invested Capital Insights
According to Benzinga Pro, during Q2, HE Equipment Services (NASDAQ: HEES ) earned $26.35 million, a 61.67% increase from the preceding quarter. HE Equipment Services also posted a total of $294.67 million in sales, a 8.16% increase since Q1. In Q1, HE Equipment Services earned $16.30 million, and total sales reached $272.45 million. What Is Return On Invested Capital? 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 … Full story available on Benzinga.com