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DCP Midstream, LP (DCP)

NYSE - NYSE Delayed Price. Currency in USD
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21.93-0.45 (-2.01%)
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  • Benzinga

    Looking Into DCP Midstream's Return On Capital Employed

    DCP Midstream (NYSE:DCP) showed a loss in earnings since Q3, totaling $45.00 million. Sales, on the other hand, increased by 12.55% to $1.78 billion during Q4. In Q3, DCP Midstream earned $60.00 million and total sales reached $1.59 billion. Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE 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 ROCE suggests the opposite. In Q4, DCP Midstream posted an ROCE of 0.01%. Keep in mind, while ROCE 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. View more earnings on DCP Return on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders. For DCP Midstream, the return on capital employed ratio shows the number of assets can actually help the company achieve higher returns, an important note investors will take into account when gauging the payoff from long-term financing strategies. Q4 Earnings Recap DCP Midstream reported Q4 earnings per share at $0.34/share, which did not meet analyst predictions of $0.49/share. See more from BenzingaClick here for options trades from BenzingaLooking Into Analog Devices's Return On Capital EmployedWhat Does GlaxoSmithKline's Debt Look Like?© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Zacks.com featured highlights include: Korea Electric Power Corp, DCP Midstream, Vishay Intertechnology, ArcelorMittal and Sinopec
    Zacks

    Zacks.com featured highlights include: Korea Electric Power Corp, DCP Midstream, Vishay Intertechnology, ArcelorMittal and Sinopec

    Zacks.com featured highlights include: Korea Electric Power Corp, DCP Midstream, Vishay Intertechnology, ArcelorMittal and Sinopec