Return On Capital Employed Overview: Plug Power

By Benzinga7 days ago


During Q3, Plug Power's (NASDAQ:PLUG) reported sales totaled $106.99 million. Despite a 8.82% in earnings, the company posted a loss of $28.66 million. In Q2, Plug Power brought in $68.07 million in sales but lost $26.34 million in earnings.

Why ROCE Is Significant

Changes in earnings and sales indicate shifts in Plug Power'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 ...

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