Global Industrial (GIC) Return on Invested Capital [ROIC] (2011 - 2023)
Global Industrial (GIC) reported Return on Invested Capital [ROIC] of 28.59% for Q4 2023, down 8.84 percentage points from 37.42% a year earlier but up 1.62 percentage points from the prior quarter.
Global Industrial (GIC) Return on Invested Capital [ROIC] (2011 - 2023) Analysis & Trends
For FY2023, Global Industrial posted Return on Invested Capital [ROIC] of 30.74%, down 12.15 percentage points from FY2022.
- By year, Return on Invested Capital [ROIC] came in at 42.89% in FY2022 (-10.28 pp) and 53.17% in FY2021.
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 26.96% in Q3 2023 and a high of 49.14% in Q1 2022.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last four quarters, with an average year-over-year change of -13.14 percentage points over the last four quarters.
- Per Business Quant data, the three quarters before Q4 2023 came in at 26.96% (Q3 2023), 28.38% (Q2 2023) and 32.95% (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn | 13.51% |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn | 29.62% |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn | 32.56% |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn | 10.47% |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn | 9.33% |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn | 19.24% |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn | 14.94% |
| 10 | Global Industrial | 1.66 Bn | 1.38 Bn | 155.40 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 28.59% |
| Sep 30, 2023 | 26.96% |
| Jun 30, 2023 | 28.38% |
| Mar 31, 2023 | 32.95% |
| Dec 31, 2022 | 37.42% |
| Sep 30, 2022 | 40.02% |
| Jun 30, 2022 | 42.85% |
| Mar 31, 2022 | 49.14% |
| Sep 30, 2016 | 8.42% |
| Jun 30, 2016 | 8.33% |
| Mar 31, 2016 | 0.00% |
| Dec 31, 2015 | -1.28% |
| Sep 30, 2015 | -9.99% |
| Jun 30, 2015 | -11.30% |
| Mar 31, 2015 | -7.07% |
| Dec 31, 2014 | -3.61% |
| Sep 30, 2014 | -0.22% |
| Jun 30, 2014 | -0.49% |
| Mar 31, 2014 | -0.83% |
| Dec 31, 2013 | -2.57% |
Global Industrial 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=GIC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GIC", "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=GIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();