100s of titles, one news app for just $10 a month.
Dive Deeper:
Cerner's Return on Invested Capital Overview
Pulled from Benzinga Pro data, Cerner (NASDAQ:CERN) posted Q1 earnings of $206.13 million, an increase from Q4 of 17.89%. Sales…
Revolve Group's Return on Invested Capital Overview
According to Benzinga Pro data Revolve Group (NYSE:RVLV) posted a 23.19% decrease in earnings from Q4. Sales, however, increased by…
Public Service Enterprise's Return on Invested Capital Overview
Public Service Enterprise (NYSE:PEG) brought in sales totaling $2.31 billion during Q1 according to data provided by Benzinga Pro. However,…
Premier's Return on Invested Capital Overview
According to Benzinga Pro, during Q3, Premier (NASDAQ:PINC) earned $39.07 million, a 49.41% increase from the preceding quarter. Premier's sales…
One subscription that gives you access to news from hundreds of sites
Denny's's Return on Invested Capital Insights
Pulled from Benzinga Pro data, Denny's (NASDAQ:DENN) posted Q1 earnings of $21.86 million, an increase from Q4 of 49.71%. Sales…
Masimo's Return on Invested Capital Insights
According to Benzinga Pro, during Q1, Masimo (NASDAQ:MASI) earned $46.59 million, a 31.74% increase from the preceding quarter. Masimo's sales…
Get all your news in one place
Latest Business news:
We Tell Ourselves Stories About Money to Live
Hernan Diaz’s new novel audaciously tells a tale of American capital—again, and again, and again.
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
FAA clears air taxi company to fly rich passengers above us plebs
Despite operating at a $62 million loss last quarter, Joby is that much closer to its 2024 takeoff date.
‘Highly implausible’ that new Galilee Basin coalmines would be profitable, study finds
Report says Adani’s Carmichael mine in central Queensland seems ‘rather a political decision, not an economically driven one’
Battered Appen mulls $1.2b takeover offer
A Sydney tech company whose shares are 85 per cent off its 2020 highs has received a takeover offer from…
Google Hit With Fresh UK Investigation Over Ad Tech Dominance
The UK’s antitrust watchdog started a new investigation of Alphabet Inc.’s Google, over suspicions it may have abused its dominant…
From analysis to good news, read the world’s best news in one place
Russia prepares to seize western firms looking to leave
Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide…
Asian markets mostly down as Li remarks overshadow Fed minutes
Hong Kong (AFP) - Asian markets mostly fell Thursday as Chinese Premier Li Keqiang warned the world's number two economy…

Unitil's Return on Invested Capital Overview

By Benzinga Insights

According to Benzinga Pro, during Q1, Unitil (NYSE:UTL) earned $21.50 million, a 48.28% increase from the preceding quarter. Unitil also posted a total of $192.60 million in sales, a 37.77% increase since Q4. In Q4, Unitil earned $14.50 million, and total sales reached $139.80 million.

What Is ROIC?

Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company's ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROIC suggests the opposite. In Q1, Unitil posted an ROIC of 3.46%.

Keep in mind, while ROIC is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.

Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher ROIC suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q1, Unitil posted an ROIC of 3.46%.

It is important to keep in mind that ROIC 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.

For Unitil, the positive return on invested capital ratio of 3.46% 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.

Upcoming Earnings Estimate

Unitil reported Q1 earnings per share at $1.35/share, which beat analyst predictions of $1.33/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:
Cerner's Return on Invested Capital Overview
Pulled from Benzinga Pro data, Cerner (NASDAQ:CERN) posted Q1 earnings of $206.13 million, an increase from Q4 of 17.89%. Sales…
Revolve Group's Return on Invested Capital Overview
According to Benzinga Pro data Revolve Group (NYSE:RVLV) posted a 23.19% decrease in earnings from Q4. Sales, however, increased by…
Public Service Enterprise's Return on Invested Capital Overview
Public Service Enterprise (NYSE:PEG) brought in sales totaling $2.31 billion during Q1 according to data provided by Benzinga Pro. However,…
Premier's Return on Invested Capital Overview
According to Benzinga Pro, during Q3, Premier (NASDAQ:PINC) earned $39.07 million, a 49.41% increase from the preceding quarter. Premier's sales…
One subscription that gives you access to news from hundreds of sites
Denny's's Return on Invested Capital Insights
Pulled from Benzinga Pro data, Denny's (NASDAQ:DENN) posted Q1 earnings of $21.86 million, an increase from Q4 of 49.71%. Sales…
Masimo's Return on Invested Capital Insights
According to Benzinga Pro, during Q1, Masimo (NASDAQ:MASI) earned $46.59 million, a 31.74% increase from the preceding quarter. Masimo's sales…
Get all your news in one place