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| Date | Value |
|---|---|
| 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% |