Canopy Growth (CGC) Return on Invested Capital [ROIC] (2020 - 2026)
Canopy Growth (CGC) posted Return on Invested Capital [ROIC] of -17.30% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 2.83 percentage points from -14.47% a year earlier and down 0.24 percentage points from the prior quarter.
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Analysis
Canopy Growth (CGC) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Canopy Growth's Return on Invested Capital [ROIC] came in at -18.92%, down 5.99 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +4.35 percentage points (FY2021 to FY2026).
- In prior fiscal years, Canopy Growth's Return on Invested Capital [ROIC] was -12.93% in FY2025 (+1.79 pp), -14.72% in FY2024 (+55.95 pp), -70.67% in FY2023 (-50.78 pp) and -19.89% in FY2022 (+3.37 pp).
- The fiscal Q1 2027 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of +10.52 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q4 2024, with a gain of 98.12 percentage points; the weakest was fiscal Q4 2023, with a drop of 101.12 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was -17.06% (Q4 2026), -8.69% (Q3 2026) and -9.37% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 30.08% |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 38.90% |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 1.26% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 3.64% |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | -26.37% |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 2.41% |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 9.05% |
| 10 | Canopy Growth | 372.26 Mn | -634.93 Mn | 16.08 Mn | -17.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -17.30% |
| Mar 31, 2026 | -17.06% |
| Dec 31, 2025 | -8.69% |
| Sep 30, 2025 | -9.37% |
| Jun 30, 2025 | -14.47% |
| Mar 31, 2025 | -13.44% |
| Dec 31, 2024 | -20.69% |
| Sep 30, 2024 | -23.83% |
| Jun 30, 2024 | -20.11% |
| Mar 31, 2024 | -21.40% |
| Dec 31, 2023 | -51.93% |
| Sep 30, 2023 | -43.11% |
| Jun 30, 2023 | -43.34% |
| Mar 31, 2023 | -119.52% |
| Dec 31, 2022 | -97.66% |
| Sep 30, 2022 | -87.85% |
| Jun 30, 2022 | -65.03% |
| Mar 31, 2022 | -18.40% |
| Dec 31, 2021 | -13.83% |
| Sep 30, 2021 | -20.01% |
API Access
Canopy Growth Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=CGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();