Returns On Capital At Construction Partners (NASDAQ:ROAD) Paint A Concerning Picture [Yahoo! Finance]
Construction Partners, Inc. (ROAD)
Last construction partners, inc. earnings: 2/7 07:00 am
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Source: Yahoo! Finance
employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. In light of that, when we looked at Construction Partners NASDAQ:ROAD ) and its ROCE trend, we weren't exactly thrilled. Return On Capital Employed (ROCE): What Is It? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Construction Partners is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.11 = US$116m ÷ (US$1.4b - US$346m) (Based on the trailing twelve months to June 2024) Thus, Construction Partners has an ROCE of 11%. By itself that's a normal return on capital and it's in line with the industry's average returns of 11%. Check out our latest analysis for Construction Partners In the abo
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News
- Construction Partners, Inc. (ROAD) Hit a 52 Week High, Can the Run Continue? [Yahoo! Finance]Yahoo! Finance
- ROAD Expands Alabama Presence With John G. Walton Acquisition [Yahoo! Finance]Yahoo! Finance
- Construction Partners, Inc. Completes Alabama AcquisitionPR Newswire
- Are Construction Stocks Lagging Construction Partners (ROAD) This Year? [Yahoo! Finance]Yahoo! Finance
- 3 Reasons Why Growth Investors Shouldn't Overlook Construction Partners (ROAD) [Yahoo! Finance]Yahoo! Finance
ROAD
Earnings
- 8/9/24 - Beat
ROAD
Sec Filings
- 9/10/24 - Form 8-K
- 8/26/24 - Form 4
- 8/22/24 - Form 144
- ROAD's page on the SEC website