GrowGeneration (GRWG) Return on Invested Capital [ROIC] (2021 - 2023)
GrowGeneration's Return on Invested Capital [ROIC] came in at -26.69% for Q4 2023, up 47.09 percentage points from -73.79% a year earlier but down 8.32 percentage points from the prior quarter.
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Analysis
GrowGeneration (GRWG) Return on Invested Capital [ROIC] (2021 - 2023) Analysis & Trends
For FY2023, GrowGeneration's Return on Invested Capital [ROIC] was -25.57%, up 30.55 percentage points from FY2022.
- Return on Invested Capital [ROIC] carries a three-year change of -28.40 percentage points (FY2020 to FY2023).
- Going back by year, Return on Invested Capital [ROIC] was -56.12% in FY2022 (-59.78 pp), 3.66% in FY2021 (+0.83 pp) and 2.83% in FY2020.
- The five-year range for quarterly Return on Invested Capital [ROIC] is -78.10% (Q1 2023) to 4.92% (Q2 2021).
- Year-over-year, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of -19.74 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2023 (a gain of 47.23 percentage points), and the weakest in Q1 2023 (a drop of 78.11 percentage points).
- Business Quant data shows GRWG's Return on Invested Capital [ROIC] at -18.37% (Q3 2023), -17.56% (Q2 2023) and -78.10% (Q1 2023) in the three quarters before Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 26.54% |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 33.92% |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 14.40% |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 0.00% |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 54.96% |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 46.64% |
| 10 | GrowGeneration | 93.51 Mn | -83.00 Mn | 12.32 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -26.69% |
| Sep 30, 2023 | -18.37% |
| Jun 30, 2023 | -17.56% |
| Mar 31, 2023 | -78.10% |
| Dec 31, 2022 | -73.79% |
| Sep 30, 2022 | -65.60% |
| Jun 30, 2022 | -46.76% |
| Mar 31, 2022 | 0.01% |
| Dec 31, 2021 | 3.38% |
| Sep 30, 2021 | 4.87% |
| Jun 30, 2021 | 4.92% |
| Mar 31, 2021 | 4.05% |
API Access
GrowGeneration 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=GRWG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GRWG", "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=GRWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();