Mercer International''s Return On Capital Employed Overview
Pulled from Benzinga Pro data, Mercer International (NASDAQ: MERC ) posted Q2 earnings of $71.37 million, an increase from Q1 of 19.71%. Sales dropped to $572.33 million, a 3.44% decrease between quarters. Mercer International earned $88.90 million, and sales totaled $592.74 million in Q1. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company and … Full story available on Benzinga.com
Mercer International''s Return On Capital Employed Overview
Pulled from Benzinga Pro data, Mercer International (NASDAQ: MERC ) posted Q2 earnings of $71.37 million, an increase from Q1 of 19.71%. Sales dropped to $572.33 million, a 3.44% decrease between quarters. Mercer International earned $88.90 million, and sales totaled $592.74 million in Q1. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company and … Full story available on Benzinga.com