GrowGeneration (GRWG) Return on Invested Capital (2020 - 2024)

GrowGeneration (GRWG) posted Return on Invested Capital of 15.26% for Q1 2024, down 132.53% on a QoQ basis from 6.56% in Q4 2023, and down 968.0% year-over-year from 1.76% in Q2 2023.

GrowGeneration (GRWG) Return on Invested Capital (2020 - 2024) Analysis & Trends

GrowGeneration's Return on Invested Capital history runs 5 years deep, the most recent figure standing at 15.26% for Q1 2024.

  • Quarterly Return on Invested Capital fell 968.0% year-over-year to 15.26% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 15.26% (down 968.0% YoY) and the FY2022 annual result came in at 23.23%, down 2467.0% from the prior year.
  • Return on Invested Capital was 15.26% for Q1 2024 at GrowGeneration, down from 6.56% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.52% in Q3 2021 and bottomed at 15.26% in Q1 2024.
  • A 5-year average of 3.01% and a median of 2.08% in 2023 frame the typical range for Return on Invested Capital.
  • Annual changes were most pronounced in 2023 — Return on Invested Capital jumped 209 bps — and 2024, when it sank 968 bps.
  • GrowGeneration's Return on Invested Capital stood at 0.12% in 2020, then surged by 185 bps to 0.35% in 2021, then sank by 1464 bps to 4.71% in 2022, then sank by 39 bps to 6.56% in 2023, then tumbled by 133 bps to 15.26% in 2024.
  • Business Quant data shows GRWG's Return on Invested Capital at 15.26% in Q1 2024, 6.56% in Q4 2023, and 2.57% in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Caseys General Stores 32.51 Bn 31.99 Bn 1.08 Bn 0.03%
2 NaaS Technology 31.64 Bn 31.64 Bn - -
3 Williams Sonoma 28.00 Bn 26.98 Bn 1.10 Bn -
4 Ulta Beauty 22.83 Bn 22.33 Bn 1.48 Bn 0.01%
5 Best Buy 18.25 Bn 16.50 Bn 2.10 Bn 0.00%
6 Dick'S Sporting Goods 16.43 Bn 15.08 Bn 1.77 Bn -
7 Tractor Supply 16.01 Bn 15.79 Bn 1.30 Bn 0.24%
8 MINISO Group Holding 15.91 Bn 14.84 Bn 414.86 Mn 0.01%
9 Five Below 11.87 Bn 10.94 Bn 696.98 Mn -
10 GrowGeneration 87.13 Mn 46.01 Mn 9.74 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 -15.26%
Dec 31, 2023 -6.56%
Sep 30, 2023 -2.57%
Jun 30, 2023 -1.60%
Mar 31, 2023 -5.58%
Dec 31, 2022 -4.71%
Sep 30, 2022 -4.01%
Jun 30, 2022 -3.68%
Mar 31, 2022 0.00%
Dec 31, 2021 0.35%
Sep 30, 2021 0.52%
Jun 30, 2021 0.52%
Mar 31, 2021 0.37%
Dec 31, 2020 0.12%