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RTX Stock – ROCE Insights For Raytheon Technologies
During Q4, Raytheon Technologies (NYSE:RTX) brought in sales totaling $16.42 billion. However, earnings decreased 271.2%, resulting in a loss of $743.00 million. In Q3, Raytheon Technologies earned $434.00 million and total sales reached $14.75 billion.
What Is Return On Capital Employed?
Changes in earnings and sales indicate shifts in Raytheon Technologies’s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q4, Raytheon Technologies posted an ROCE of -0.01%.
It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company’s recent performance, but several factors could affect earnings and sales in the near future.
RTX Stock – ROCE Insights For Raytheon Technologies]
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