PulteGroup''s Return On Invested Capital Insights
According to Benzinga Pro, during Q2, PulteGroup (NYSE: PHM ) earned $652.43 million, a 43.48% increase from the preceding quarter. PulteGroup also posted a total of $3.93 billion in sales, a 23.15% increase since Q1. PulteGroup earned $454.72 million, and sales totaled $3.19 billion in Q1. What Is ROIC? 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 higher earnings … Full story available on Benzinga.com
PulteGroup''s Return On Invested Capital Insights
According to Benzinga Pro, during Q2, PulteGroup (NYSE: PHM ) earned $652.43 million, a 43.48% increase from the preceding quarter. PulteGroup also posted a total of $3.93 billion in sales, a 23.15% increase since Q1. PulteGroup earned $454.72 million, and sales totaled $3.19 billion in Q1. What Is ROIC? 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 higher earnings … Full story available on Benzinga.com