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Benzinga

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Benzinga Insights

Construction Partners's Return On Capital Employed Insights

Construction Partners ROAD

According to Benzinga Pro data Construction Partners (NASDAQ:ROAD) posted a 30.25% decrease in earnings from Q4. Sales, however, increased by 2.12% over the previous quarter to $284.96 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Construction Partners is not utilizing their capital as effectively as possible. Construction Partners reached earnings of $7.90 million and sales of $279.04 million in Q4.

What Is ROCE?

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