GrowGeneration GRWG
NASDAQ GRWG
$1.19 -0.07 (-5.56%)
As of: Nov 12, 2026 · 1:25 PM EST

GrowGeneration (GRWG) Return on Invested Capital [ROIC] (2020 - 2023)

Updated

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.

Analysis

GrowGeneration (GRWG) Return on Invested Capital [ROIC] (2020 - 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 2,979.57 Bn 2,476.24 Bn 107.37 Bn 10.13%
2 Home Depot 350.34 Bn 343.58 Bn 16.12 Bn 23.31%
3 Tjx Companies 150.76 Bn 128.31 Bn 5.07 Bn 44.55%
4 Lowes Companies 130.11 Bn 123.07 Bn 8.58 Bn 26.54%
5 Carvana 80.38 Bn 71.27 Bn 1.52 Bn 0.00%
6 Ross Stores 76.38 Bn 59.31 Bn 2.12 Bn 33.92%
7 Target 73.52 Bn 68.11 Bn 8.94 Bn 14.40%
8 O Reilly Automotive 71.92 Bn 71.02 Bn 2.68 Bn 53.89%
9 Autozone 52.04 Bn 50.89 Bn 3.52 Bn 45.70%
10 GrowGeneration 89.02 Mn -80.94 Mn 14.53 Mn -
Historic Data

Historic Data

Download Data
DateValue
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%
Dec 31, 2020 2.44%
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_KEY