Genuine Parts Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q2, Genuine Parts (NYSE: GPC ) earned $372.53 million, a 51.53% increase from the preceding quarter. Genuine Parts also posted a total of $5.60 billion in sales, a 5.8% increase since Q1. In Q1, Genuine Parts earned $245.84 million, and total sales reached $5.29 billion. What Is ROCE? 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 … Full story available on Benzinga.com
Genuine Parts Earnings Perspective: Return On Capital Employed
According to Benzinga Pro, during Q2, Genuine Parts (NYSE: GPC ) earned $372.53 million, a 51.53% increase from the preceding quarter. Genuine Parts also posted a total of $5.60 billion in sales, a 5.8% increase since Q1. In Q1, Genuine Parts earned $245.84 million, and total sales reached $5.29 billion. What Is ROCE? 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 … Full story available on Benzinga.com