DTE Energy''s Return On Capital Employed Insights
According to Benzinga Pro data DTE Energy (NYSE: DTE ) posted a 90.61% decrease in earnings from Q1. Sales, however, increased by 7.58% over the previous quarter to $4.92 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest DTE Energy is not utilizing their capital as effectively as possible. In Q1, DTE Energy earned $394.00 million and total sales reached $4.58 billion. Why Is ROCE Significant? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax … Full story available on Benzinga.com
DTE Energy''s Return On Capital Employed Insights
According to Benzinga Pro data DTE Energy (NYSE: DTE ) posted a 90.61% decrease in earnings from Q1. Sales, however, increased by 7.58% over the previous quarter to $4.92 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest DTE Energy is not utilizing their capital as effectively as possible. In Q1, DTE Energy earned $394.00 million and total sales reached $4.58 billion. Why Is ROCE Significant? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax … Full story available on Benzinga.com