Phibro Animal Health''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Phibro Animal Health (NASDAQ: PAHC ) showed a loss in earnings since Q3, totaling $7.49 million. Sales, on the other hand, increased by 6.55% to $255.30 million during Q4. Phibro Animal Health reached earnings of $17.69 million and sales of $239.60 million in Q3. 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 … Full story available on Benzinga.com
Phibro Animal Health''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Phibro Animal Health (NASDAQ: PAHC ) showed a loss in earnings since Q3, totaling $7.49 million. Sales, on the other hand, increased by 6.55% to $255.30 million during Q4. Phibro Animal Health reached earnings of $17.69 million and sales of $239.60 million in Q3. 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 … Full story available on Benzinga.com