Return On Capital Employed Overview: ESCO Technologies

ESCO Technologies (NYSE:ESE) showed a loss in earnings since Q2, totaling $19.42 million. Sales, on the other hand, increased by 8.85% to $181.39 million during Q3. In Q2, ESCO Technologies earned $21.77 million and total sales reached $166.64 million.

Why ROCE Is Significant

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 …

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