Greenlane Holdings (GNLN) Return on Invested Capital (2019 - 2023)
Greenlane Holdings (GNLN) reported Return on Invested Capital of 0.11% for Q4 2023, up 106.0% on a YoY basis from 0.05% in Q4 2022, and down 11.94% sequentially from 0.1% in Q3 2023.
Greenlane Holdings (GNLN) Return on Invested Capital (2019 - 2023) Analysis & Trends
Greenlane Holdings (GNLN) has 5 years of Return on Invested Capital data on file, last reported at 0.11% in Q4 2023.
- For the quarter ending Q4 2023, Return on Invested Capital rose 106.0% year-over-year to 0.11%; the trailing twelve-month figure through Dec 2023 stood at 0.11% (up 106.0% YoY), and the FY2023 full-year result was 0.11%, up 106.0% from the prior year.
- Return on Invested Capital declined to 0.11% in Q4 2023, from 0.1% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.1% in Q3 2023 to a low of 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.
- Across the five-year window, Return on Invested Capital tumbled 393 bps in 2022 and jumped 414 bps in 2023, its largest moves.
- Tracing GNLN's Return on Invested Capital over 5 years: stood at 0.3% in 2019, then fell by 23 bps to 0.36% in 2020, then climbed by 7 bps to 0.34% in 2021, then sank by 248 bps to 1.17% in 2022, then soared by 91 bps to 0.11% in 2023.
- Business Quant data shows GNLN's Return on Invested Capital at 0.11% in Q4 2023, 0.1% in Q3 2023, and 0.58% in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 0.01% |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 0.01% |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 0.01% |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 0.12% |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 0.00% |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | -0.06% |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | -0.01% |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | - |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | - |
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% |