Greenlane Holdings (GNLN) Return on Invested Capital (2018 - 2023)
Greenlane Holdings' Return on Invested Capital history spans 6 years, with the latest figure at 6.0% for Q3 2023.
- For Q3 2023, Return on Invested Capital rose 709.0% year-over-year to 6.0%; the TTM value through Sep 2023 reached 6.0%, up 709.0%, while the annual FY2022 figure was 0.32%, 8.0% up from the prior year.
- Return on Invested Capital for Q3 2023 was 6.0% at Greenlane Holdings, up from 1.4% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 6.0% in Q3 2023 and bottomed at 1.09% in Q3 2022.
- The 5-year median for Return on Invested Capital is 0.33% (2022), against an average of 0.14%.
- The largest annual shift saw Return on Invested Capital plummeted -1399bps in 2019 before it surged 709bps in 2023.
- A 5-year view of Return on Invested Capital shows it stood at 0.29% in 2019, then plummeted by -128bps to 0.66% in 2020, then soared by 60bps to 0.27% in 2021, then soared by 274bps to 0.46% in 2022, then soared by 1196bps to 6.0% in 2023.
- Per Business Quant, the three most recent readings for GNLN's Return on Invested Capital are 6.0% (Q3 2023), 1.4% (Q2 2023), and 0.94% (Q1 2023).