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Benzinga
Benzinga
Business
Benzinga Insights

Looking Into Sirius XM Holdings's Return On Capital Employed

Sirius XM Holdings

According to Benzinga Pro data Sirius XM Holdings (NASDAQ:SIRI) posted a 7.0% decrease in earnings from Q3. Sales, however, increased by 3.82% over the previous quarter to $2.28 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Sirius XM Holdings is not utilizing their capital as effectively as possible. In Q3, Sirius XM Holdings earned $343.00 million and total sales reached $2.20 billion.

What Is ROCE?

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