Greenlane Holdings (GNLN) Return on Invested Capital [ROIC] (2019 - 2023)
Greenlane Holdings (GNLN) reported Return on Invested Capital [ROIC] of -153.40% for Q3 2023, down 11.70 percentage points from -141.71% a year earlier but up 360.37 percentage points from the prior quarter.
Greenlane Holdings (GNLN) Return on Invested Capital [ROIC] (2019 - 2023) Analysis & Trends
For FY2022, Greenlane Holdings posted Return on Invested Capital [ROIC] of -134.47%, down 98.83 percentage points from FY2021.
- Return on Invested Capital [ROIC] has a three-year change of -92.84 percentage points (FY2019 to FY2022).
- By year, Return on Invested Capital [ROIC] came in at -35.64% in FY2021 (+13.40 pp), -49.04% in FY2020 (-7.41 pp) and -41.63% in FY2019.
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -513.77% in Q2 2023 and a high of -14.93% in Q3 2019.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last five quarters, with an average year-over-year change of -144.00 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2021 (a gain of 34.83 percentage points); the low point was Q2 2023 (a drop of 478.72 percentage points).
- Per Business Quant data, the three quarters before Q3 2023 came in at -513.77% (Q2 2023), -369.53% (Q1 2023) and -319.12% (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 2.41% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 15.87% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 2.04% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 12.44% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 7.03% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 2.37% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 6.58% |
| 10 | Greenlane Holdings | 10.90 Mn | -42.84 Mn | 32,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -153.40% |
| Jun 30, 2023 | -513.77% |
| Mar 31, 2023 | -369.53% |
| Dec 31, 2022 | -319.12% |
| Sep 30, 2022 | -141.71% |
| Jun 30, 2022 | -35.05% |
| Mar 31, 2022 | -29.36% |
| Dec 31, 2021 | -24.67% |
| Sep 30, 2021 | -37.83% |
| Jun 30, 2021 | -54.42% |
| Mar 31, 2021 | -52.08% |
| Dec 31, 2020 | -59.50% |
| Sep 30, 2020 | -50.92% |
| Jun 30, 2020 | -38.30% |
| Mar 31, 2020 | -32.70% |
| Dec 31, 2019 | -19.68% |
| Sep 30, 2019 | -14.93% |
| Jun 30, 2019 | -23.99% |
Greenlane Holdings 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=GNLN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GNLN", "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=GNLN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();