Grand Canyon Education (LOPE) Return on Invested Capital [ROIC] (2011 - 2022)
Grand Canyon Education's Return on Invested Capital [ROIC] was 28.87% in Q3 2022, up 15.07 percentage points from 13.79% a year earlier and up 0.93 percentage points from the prior quarter.
Grand Canyon Education (LOPE) Return on Invested Capital [ROIC] (2011 - 2022) Analysis & Trends
For FY2021, Return on Invested Capital [ROIC] at Grand Canyon Education came in at 15.91%, up 2.79 percentage points from FY2020.
- Return on Invested Capital [ROIC] shows a five-year change of -3.20 percentage points (FY2016 to FY2021).
- In earlier years, Return on Invested Capital [ROIC] was 13.11% in FY2020 (-2.03 pp), 15.15% in FY2019 (-2.57 pp), 17.71% in FY2018 (-3.36 pp) and 21.07% in FY2017 (+1.97 pp).
- The Q3 2022 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q1 2012.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for five straight quarters, with an average year-over-year change of +5.47 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2022 (a gain of 15.07 percentage points); the worst was Q2 2019 (a drop of 7.48 percentage points).
- Per Business Quant data, LOPE's Return on Invested Capital [ROIC] in the three quarters before Q3 2022 was 27.94% (Q2 2022), 22.75% (Q1 2022) and 17.12% (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 20.89% |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 27.72% |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 7.58% |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 6.73% |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 6.84% |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 26.74% |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 22.87% |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 28.65% |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Grand Canyon Education | 4.09 Bn | 2.98 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 28.87% |
| Jun 30, 2022 | 27.94% |
| Mar 31, 2022 | 22.75% |
| Dec 31, 2021 | 17.12% |
| Sep 30, 2021 | 13.79% |
| Jun 30, 2021 | 13.23% |
| Mar 31, 2021 | 13.05% |
| Dec 31, 2020 | 12.91% |
| Sep 30, 2020 | 12.61% |
| Jun 30, 2020 | 13.25% |
| Mar 31, 2020 | 13.60% |
| Dec 31, 2019 | 13.43% |
| Sep 30, 2019 | 13.30% |
| Jun 30, 2019 | 12.25% |
| Mar 31, 2019 | 14.00% |
| Dec 31, 2018 | 16.66% |
| Sep 30, 2018 | 17.75% |
| Jun 30, 2018 | 19.73% |
| Mar 31, 2018 | 20.25% |
| Dec 31, 2017 | 19.91% |
Grand Canyon Education 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=LOPE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "LOPE", "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=LOPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();