Sonos (SONO) Return on Invested Capital [ROIC] (2018 - 2021)
Sonos' Return on Invested Capital [ROIC] was 26.81% in fiscal Q4 2021 (quarter ended Oct 2, 2021), up 35.70 percentage points from -8.90% a year earlier but down 3.81 percentage points from the prior quarter.
Sonos (SONO) Return on Invested Capital [ROIC] (2018 - 2021) Analysis & Trends
For FY2021 (ended Oct 2, 2021), Return on Invested Capital [ROIC] at Sonos came in at 34.75%, up 43.31 percentage points from FY2020.
- Return on Invested Capital [ROIC] shows a three-year change of +40.92 percentage points (FY2018 to FY2021).
- In earlier fiscal years, Return on Invested Capital [ROIC] was -8.55% in FY2020 (-10.58 pp), 2.03% in FY2019 (+8.20 pp) and -6.17% in FY2018.
- Quarterly Return on Invested Capital [ROIC] has moved between -21.80% (fiscal Q3 2020) and 30.62% (fiscal Q3 2021) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for four straight quarters, with an average year-over-year change of +8.56 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q3 2021 (a gain of 52.42 percentage points); the worst was fiscal Q3 2020 (a drop of 30.09 percentage points).
- Per Business Quant data, SONO's Return on Invested Capital [ROIC] in the three fiscal quarters before Q4 2021 was 30.62% (Q3 2021), 18.95% (Q2 2021) and 8.42% (Q1 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 26.92 Bn | 24.59 Bn | 860.34 Mn | 21.18% |
| 2 | Somnigroup International | 13.16 Bn | 12.70 Bn | 817.20 Mn | 9.27% |
| 3 | Hni | 3.42 Bn | 2.99 Bn | 647.20 Mn | 0.48% |
| 4 | Newell Brands | 2.39 Bn | 1.55 Bn | 812.00 Mn | 2.22% |
| 5 | Sonos | 2.07 Bn | 972.40 Mn | 189.31 Mn | - |
| 6 | Whirlpool | 1.87 Bn | -1.59 Bn | 442.00 Mn | 4.21% |
| 7 | Millerknoll | 1.47 Bn | 769.01 Mn | 385.30 Mn | 5.65% |
| 8 | Corsair Gaming | 1.45 Bn | 980.48 Mn | 104.29 Mn | 5.37% |
| 9 | Cricut | 1.36 Bn | 339.61 Mn | 116.41 Mn | - |
| 10 | Arhaus | 1.35 Bn | 426.96 Mn | 172.07 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2021 | 26.81% |
| Jul 3, 2021 | 30.62% |
| Apr 3, 2021 | 18.95% |
| Jan 2, 2021 | 8.42% |
| Oct 3, 2020 | -8.90% |
| Jun 27, 2020 | -21.80% |
| Mar 28, 2020 | -7.02% |
| Dec 28, 2019 | 0.78% |
| Sep 28, 2019 | 1.78% |
| Jun 29, 2019 | 8.29% |
| Mar 30, 2019 | 5.89% |
| Dec 29, 2018 | 0.39% |
| Sep 29, 2018 | -5.75% |
Sonos 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=SONO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "SONO", "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=SONO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();