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Benzinga
Benzinga
Business
Benzinga Insights

The Shyft Group's Return on Invested Capital Overview

Shyft Group

According to Benzinga Pro data The Shyft Group (NASDAQ:SHYF) posted a 1.94% decrease in earnings from Q3. Sales, however, increased by 1.72% over the previous quarter to $277.30 million. Despite the increase in sales this quarter, the decrease in earnings may suggest The Shyft Group is not utilizing their capital as effectively as possible. In Q3, The Shyft Group earned $21.00 million and total sales reached $272.62 million.

Why Is ROIC Significant?

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