Thor Industries''s Return on Invested Capital Overview
Pulled from Benzinga Pro data, Thor Industries (NYSE: THO ) posted Q4 earnings of $281.79 million, an increase from Q3 of 18.56%. Sales dropped to $3.82 billion, a 17.95% decrease between quarters. Thor Industries earned $346.02 million, and sales totaled $4.66 billion in Q3. Why Is ROIC Significant? 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 … Full story available on Benzinga.com
Thor Industries''s Return on Invested Capital Overview
Pulled from Benzinga Pro data, Thor Industries (NYSE: THO ) posted Q4 earnings of $281.79 million, an increase from Q3 of 18.56%. Sales dropped to $3.82 billion, a 17.95% decrease between quarters. Thor Industries earned $346.02 million, and sales totaled $4.66 billion in Q3. Why Is ROIC Significant? 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 … Full story available on Benzinga.com