QAN News: Investors Shouldn't Overlook Qantas Airways' (ASX:QAN) Impressive Returns On Capital - 19th Jun 2024, 9:41am

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Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. With that in mind, the ROCE of Qantas Airwa...

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