100s of titles, one news app for just $10 a month.
Dive Deeper:
Kemper's Return On Capital Employed Insights
According to data from Benzinga Pro, during Q1, Kemper's (NYSE:KMPR) reported sales totaled $1.39 billion. Despite a 10.4% increase in…
MPLX's Return On Capital Employed Insights
Pulled from Benzinga Pro data, MPLX (NYSE:MPLX) posted Q1 earnings of $833.00 million, an increase from Q4 of 0.6%. Sales…
Franklin Resources's Return On Capital Employed Insights
Pulled from Benzinga Pro data, Franklin Resources (NYSE:BEN) posted Q2 earnings of $359.10 million, an increase from Q1 of 34.09%.…
Leidos Holdings's Return On Capital Employed Insights
According to Benzinga Pro, during Q1, Leidos Holdings (NYSE:LDOS) earned $177.00 million, a 0.57% increase from the preceding quarter. Leidos…
One subscription that gives you access to news from hundreds of sites
Louisiana-Pacific's Return On Capital Employed Insights
According to Benzinga Pro, during Q1, Louisiana-Pacific (NYSE:LPX) earned $482.00 million, a 153.68% increase from the preceding quarter. Louisiana-Pacific also…
Itron's Return On Capital Employed Insights
Pulled from Benzinga Pro data, Itron (NASDAQ:ITRI) posted Q1 earnings of $896.00 thousand, an increase from Q4 of 101.53%. Sales…
Get all your news in one place
Latest Business news:
John O'Neill to front Star casino inquiry
Star Entertainment Group executive chairman John O'Neill is scheduled to appear at the gaming inquiry into its suitability to operate…
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
After $5 Trillion Rout, Emerging Markets Seek Turnaround Signal
The wreckage of a $5 trillion rout in emerging markets is starting to look like a buying opportunity to some…
New Zealand PM Ardern to visit U.S. to boost exports, lure tourists
New Zealand Prime Minister Jacinda Ardern will visit the United States this week in a bid to boost exports and…
Rod Sims says Facebook should be forced to negotiate with SBS under news media bargaining code
Despite dozens of deals to pay Australian news publishers for content, social media company has left out SBS and the…
Crypto might have an insider trading problem
Anonymous wallets buy up tokens right before they are listed and sell shortly afterward
From analysis to good news, read the world’s best news in one place
Airbus Sees Business Jet Sales Boost Despite War, China Lockdown
Airbus SE’s corporate-jet division is more optimistic about prospects for this year, even as the Russia-Ukraine conflict and Chinese coronavirus…
Why giving your employees a piece of the pie could boost your business
Employee Stock Ownership Plans hold over $1.6tn in assets and can make a more profitable company and a better place…

S&P Global's Return On Capital Employed Insights

By Benzinga Insights

According to Benzinga Pro, during Q1, S&P Global (NYSE:SPGI) earned $1.30 billion, a 76.49% increase from the preceding quarter. S&P Global also posted a total of $2.39 billion in sales, a 14.42% increase since Q4. In Q4, S&P Global earned $736.00 million, and total sales reached $2.09 billion.

What Is Return On Capital Employed?

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 successful growth of a company and is a sign of higher earnings per share in the future. In Q1, S&P Global posted an ROCE of 0.03%.

It is important to keep in mind that ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but does not account for factors that could affect earnings and sales in the near future.

ROCE is a powerful metric for comparing the effectiveness of capital allocation for similar companies. A relatively high ROCE shows S&P Global is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and, ultimately, earnings per share (EPS) growth.

For S&P Global, the positive return on capital employed ratio of 0.03% suggests that management is allocating their capital effectively. Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns.

Analyst Predictions

S&P Global reported Q1 earnings per share at $2.89/share, which did not meet analyst predictions of $2.98/share.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.

Dive Deeper:
Kemper's Return On Capital Employed Insights
According to data from Benzinga Pro, during Q1, Kemper's (NYSE:KMPR) reported sales totaled $1.39 billion. Despite a 10.4% increase in…
MPLX's Return On Capital Employed Insights
Pulled from Benzinga Pro data, MPLX (NYSE:MPLX) posted Q1 earnings of $833.00 million, an increase from Q4 of 0.6%. Sales…
Franklin Resources's Return On Capital Employed Insights
Pulled from Benzinga Pro data, Franklin Resources (NYSE:BEN) posted Q2 earnings of $359.10 million, an increase from Q1 of 34.09%.…
Leidos Holdings's Return On Capital Employed Insights
According to Benzinga Pro, during Q1, Leidos Holdings (NYSE:LDOS) earned $177.00 million, a 0.57% increase from the preceding quarter. Leidos…
One subscription that gives you access to news from hundreds of sites
Louisiana-Pacific's Return On Capital Employed Insights
According to Benzinga Pro, during Q1, Louisiana-Pacific (NYSE:LPX) earned $482.00 million, a 153.68% increase from the preceding quarter. Louisiana-Pacific also…
Itron's Return On Capital Employed Insights
Pulled from Benzinga Pro data, Itron (NASDAQ:ITRI) posted Q1 earnings of $896.00 thousand, an increase from Q4 of 101.53%. Sales…
Get all your news in one place