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Canada Goose Holdings (TSX:GOOS) 3-Year ROIIC % : -37.32% (As of Mar. 2023)


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What is Canada Goose Holdings 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Canada Goose Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2023 was -37.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Canada Goose Holdings's 3-Year ROIIC % or its related term are showing as below:

TSX:GOOS's 3-Year ROIIC % is ranked worse than
83.19% of 1065 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.07 vs TSX:GOOS: -37.32

Canada Goose Holdings 3-Year ROIIC % Historical Data

The historical data trend for Canada Goose Holdings's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canada Goose Holdings 3-Year ROIIC % Chart

Canada Goose Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only 53.87 25.25 -2.11 -8.04 -37.32

Canada Goose Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -37.32 - - -

Competitive Comparison of Canada Goose Holdings's 3-Year ROIIC %

For the Apparel Manufacturing subindustry, Canada Goose Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canada Goose Holdings's 3-Year ROIIC % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Canada Goose Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Canada Goose Holdings's 3-Year ROIIC % falls into.



Canada Goose Holdings 3-Year ROIIC % Calculation

Canada Goose Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 99.84995 (Mar. 2023) - 174.48946 (Mar. 2020) )/( 1101.6 (Mar. 2023) - 901.6 (Mar. 2020) )
=-74.63951/200
=-37.32%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Canada Goose Holdings  (TSX:GOOS) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Canada Goose Holdings 3-Year ROIIC % Related Terms

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Canada Goose Holdings (TSX:GOOS) Business Description

Traded in Other Exchanges
Address
250 Bowie Avenue, Toronto, ON, CAN, M6E 4Y2
Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and international distributors. Geographically, it has a presence in Canada, the United States, Asia, Europe, and the Rest of the World.