CECO Environmental''s Return on Invested Capital Insights
According to Benzinga Pro, during Q2, CECO Environmental (NASDAQ: CECE ) earned $4.72 million, a 68.11% increase from the preceding quarter. CECO Environmental also posted a total of $105.38 million in sales, a 14.0% increase since Q1. In Q1, CECO Environmental earned $2.81 million, whereas sales reached $92.44 million. What Is Return On Invested Capital? 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 … Full story available on Benzinga.com
CECO Environmental''s Return on Invested Capital Insights
According to Benzinga Pro, during Q2, CECO Environmental (NASDAQ: CECE ) earned $4.72 million, a 68.11% increase from the preceding quarter. CECO Environmental also posted a total of $105.38 million in sales, a 14.0% increase since Q1. In Q1, CECO Environmental earned $2.81 million, whereas sales reached $92.44 million. What Is Return On Invested Capital? 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 … Full story available on Benzinga.com