Greenlane Holdings (GNLN) Return on Invested Capital (2019 - 2023)
Greenlane Holdings (GNLN) posted Return on Invested Capital of 0.11% for Q4 2023, down 11.94% sequentially from 0.1% in Q3 2023, and up 106.0% YoY from 0.05% in Q4 2022.
Greenlane Holdings (GNLN) Return on Invested Capital (2019 - 2023) Analysis & Trends
Greenlane Holdings has reported Return on Invested Capital for 5 years, with the latest figure at 0.11% in Q4 2023.
- Quarterly Return on Invested Capital rose 106.0% year-over-year to 0.11% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.11% (up 106.0% YoY) and the FY2023 annual result came in at 0.11%, up 106.0% from the prior year.
- Return on Invested Capital declined to 0.11% in Q4 2023 per GNLN's latest filing, from 0.1% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 0.1% in Q3 2023 and troughed at 4.24% in Q3 2022.
- A 5-year average of 0.62% and a median of 0.36% in 2020 frame the typical range for Return on Invested Capital.
- The sharpest annual moves came in 2022 and 2023: Return on Invested Capital sank 393 bps in 2022, then soared 414 bps in 2023.
- Over 5 years, Return on Invested Capital stood at 0.3% in 2019, then slipped by 23 bps to 0.36% in 2020, then rose by 7 bps to 0.34% in 2021, then plunged by 248 bps to 1.17% in 2022, then soared by 91 bps to 0.11% in 2023.
- According to Business Quant data, Return on Invested Capital over the past three periods registered 0.11%, 0.1%, and 0.58% for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn | 0.01% |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - | - |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn | 0.02% |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn | 0.01% |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn | 0.08% |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn | 0.00% |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn | -0.06% |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn | 0.00% |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 | - |
| 10 | VPR Brands | 9.12 Mn | 6.78 Mn | 161,075.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -0.11% |
| Sep 30, 2023 | -0.10% |
| Jun 30, 2023 | -0.58% |
| Mar 31, 2023 | -0.60% |
| Dec 31, 2022 | -1.17% |
| Sep 30, 2022 | -4.24% |
| Jun 30, 2022 | -0.87% |
| Mar 31, 2022 | -0.50% |
| Dec 31, 2021 | -0.34% |
| Sep 30, 2021 | -0.31% |
| Jun 30, 2021 | -0.23% |
| Mar 31, 2021 | -0.27% |
| Dec 31, 2020 | -0.36% |
| Sep 30, 2020 | -0.39% |
| Jun 30, 2020 | -0.44% |
| Mar 31, 2020 | -0.40% |
| Dec 31, 2019 | -0.30% |
| Sep 30, 2019 | -0.34% |
| Jun 30, 2019 | -0.29% |