Looking Into Honeywell International''s Return On Capital Employed
According to Benzinga Pro, during Q2, Honeywell International (NASDAQ: HON ) earned $1.26 billion, a 11.38% increase from the preceding quarter. Honeywell International also posted a total of $8.95 billion in sales, a 6.89% increase since Q1. Honeywell International earned $1.13 billion, and sales totaled $8.38 billion in Q1. 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 profit relative to capital employed by a business. Generally, a higher ROCE suggests … Full story available on Benzinga.com
Looking Into Honeywell International''s Return On Capital Employed
According to Benzinga Pro, during Q2, Honeywell International (NASDAQ: HON ) earned $1.26 billion, a 11.38% increase from the preceding quarter. Honeywell International also posted a total of $8.95 billion in sales, a 6.89% increase since Q1. Honeywell International earned $1.13 billion, and sales totaled $8.38 billion in Q1. 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 profit relative to capital employed by a business. Generally, a higher ROCE suggests … Full story available on Benzinga.com