Greenlane Holdings (GNLN) Return on Invested Capital (2018 - 2023)
Greenlane Holdings' (GNLN) quarterly Return on Invested Capital came in at 0.06% in Q3 2023, up 7.0% year-on-year from 0.05% in Q3 2022, and up 778.97% quarter-over-quarter from 0.01% in Q2 2023.
Greenlane Holdings (GNLN) Return on Invested Capital (2018 - 2023) Analysis & Trends
Greenlane Holdings has disclosed Return on Invested Capital across 6 years of filings, most recently posting 0.06% for Q3 2023.
- Return on Invested Capital for Q3 2023 came in at 0.06%, up 7.0% year-over-year; the trailing twelve-month figure through Sep 2023 was 0.06% (up 7.0% YoY), and the FY2025 annual result was 0.01%, changed N/A from the prior year.
- Return on Invested Capital came in at 0.06% for Q3 2023 at Greenlane Holdings, up from 0.01% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.06% in Q3 2023 to a low of 0.02% in Q3 2022.
- The 5-year median for Return on Invested Capital is 0.0% (2020), against an average of 0.0%.
- Across the five-year window, Return on Invested Capital decreased 14 bps in 2019 and advanced 7 bps in 2023, its largest moves.
- Greenlane Holdings' Return on Invested Capital stood at 0.0% in 2019, then sank by 127 bps to 0.01% in 2020, then jumped by 60 bps to 0.0% in 2021, then tumbled by 238 bps to 0.01% in 2022, then jumped by 748 bps to 0.06% in 2023.
- The last three Return on Invested Capital figures came in at 0.06% (Q3 2023), 0.01% (Q2 2023), and 0.01% (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | -0.03% |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 0.00% |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 0.00% |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 0.00% |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 0.00% |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 0.03% |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 0.00% |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | - |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.06% |
| Jun 30, 2023 | -0.01% |
| Mar 31, 2023 | -0.01% |
| Dec 31, 2022 | -0.01% |
| Sep 30, 2022 | -0.02% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | -0.01% |
| Mar 31, 2021 | -0.01% |
| Dec 31, 2020 | -0.01% |
| Sep 30, 2020 | -0.01% |
| Jun 30, 2020 | -0.01% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 30, 2019 | 0.00% |
| Jun 30, 2019 | 0.00% |
| Mar 31, 2019 | 0.01% |
| Dec 31, 2018 | 0.14% |