Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 4.89% is 23% below its 5-year average of 6.38%, around the middle of its 5-year range (2.63%–9.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 53.82% above its 12-month average of 3.18%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.89%.
RETURN ON INVESTED CAPITAL (ROIC)
4.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.13%
CURRENT VS TTM AVG
+53.82%
CURRENT VS 3Y AVG
-10.27%
CURRENT VS 5Y AVG
-23.26%
CURRENT VS 10Y AVG
-14.38%
CURRENT VS 15Y AVG
-14.90%
CURRENT VS 20Y AVG
-20.19%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-40.22%
vs the sector median at left
Archer-Daniels-Midland Company
Market Cap
$39.68B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
3.18%
3Y Avg
5.45%
5Y Avg
6.38%
Market Cap
$37.62B
Return on Invested Capital (ROIC)
12.53%
TTM Avg
12.83%
3Y Avg
14.30%
5Y Avg
13.20%
Market Cap
$42.87B
Return on Invested Capital (ROIC)
3.36%
TTM Avg
5.41%
3Y Avg
5.36%
5Y Avg
5.11%
Market Cap
$36.27B
Return on Invested Capital (ROIC)
2.97%
TTM Avg
4.80%
3Y Avg
4.71%
5Y Avg
8.12%
Market Cap
$35.88B
Return on Invested Capital (ROIC)
5.04%
TTM Avg
6.54%
3Y Avg
6.65%
5Y Avg
7.59%
Market Cap
$34.29B
Return on Invested Capital (ROIC)
10.07%
TTM Avg
7.53%
3Y Avg
8.08%
5Y Avg
6.08%
Market Cap
$34.17B
Return on Invested Capital (ROIC)
15.00%
TTM Avg
16.41%
3Y Avg
19.05%
5Y Avg
19.14%
Market Cap
$45.35B
Return on Invested Capital (ROIC)
9.52%
TTM Avg
8.05%
3Y Avg
7.69%
5Y Avg
6.49%
Market Cap
$32.83B
Return on Invested Capital (ROIC)
12.46%
TTM Avg
21.85%
3Y Avg
19.83%
5Y Avg
19.76%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Archer-Daniels-Midland Company (ADM) | $39.68B | 4.89% | 3.18% | 5.45% | 6.38% |
| Sysco Corporation (SYY)vs › | $37.62B | 12.53% | 12.83% | 14.30% | 13.20% |
| Keurig Dr Pepper Inc. (KDP)vs › | $42.87B | 3.36% | 5.41% | 5.36% | 5.11% |
| The Estée Lauder Companies Inc. (EL)vs › | $36.27B | 2.97% | 4.80% | 4.71% | 8.12% |
| The Kroger Co. (KR)vs › | $35.88B | 5.04% | 6.54% | 6.65% | 7.59% |
| Kenvue Inc. (KVUE)vs › | $34.29B | 10.07% | 7.53% | 8.08% | 6.08% |
| The Hershey Company (HSY)vs › | $34.17B | 15.00% | 16.41% | 19.05% | 19.14% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $45.35B | 9.52% | 8.05% | 7.69% | 6.49% |
| Kimberly-Clark Corporation (KMB)vs › | $32.83B | 12.46% | 21.85% | 19.83% | 19.76% |
| The Kraft Heinz Company (KHC)vs › | $28.46B | -4.94% | -2.08% | 0.92% | 1.22% |
ROIC
4.9%
ROE
7.5%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | 4.89% |
| 2026-03-31 | 2.90% |
| 2025-12-31 | 2.63% |
| 2025-09-30 | 2.79% |
| 2025-06-30 | 2.69% |
| 2025-03-31 | 3.44% |
| 2024-12-31 | 4.55% |
| 2024-09-30 | 5.27% |
| 2024-06-30 | 6.56% |
| 2024-03-31 | 7.71% |
| 2023-12-31 | 9.08% |
| 2023-09-30 | 9.14% |
| 2023-06-30 | 9.24% |
| 2023-03-31 | 9.33% |
| 2022-12-31 | 9.49% |
| 2022-09-30 | 9.51% |
| 2022-06-30 | 7.87% |
| 2022-03-31 | 6.63% |
| 2021-12-31 | 6.92% |
| 2021-09-30 | 6.79% |
| 2021-06-30 | 6.46% |
| 2021-03-31 | 5.70% |
| 2020-12-31 | 4.98% |
| 2020-09-30 | 5.28% |
| 2020-06-30 | 5.08% |
| 2020-03-31 | 4.46% |
| 2019-12-31 | 4.56% |
| 2019-09-30 | 4.49% |
| 2019-06-30 | 4.52% |
| 2019-03-31 | 5.16% |
| 2018-12-31 | 5.97% |
| 2018-09-30 | 6.85% |
| 2018-06-30 | 6.30% |
| 2018-03-31 | 5.15% |
| 2017-12-31 | 5.40% |
| 2017-09-30 | 4.23% |
| 2017-06-30 | 4.74% |
| 2017-03-31 | 4.40% |
| 2016-12-31 | 4.29% |
| 2016-09-30 | 4.43% |
| 2016-06-30 | 4.43% |
| 2016-03-31 | 5.11% |
| 2015-12-31 | 6.03% |
| 2015-09-30 | 6.23% |
| 2015-06-30 | 7.20% |
| 2015-03-31 | 8.06% |
| 2014-12-31 | 7.22% |
| 2014-09-30 | 6.86% |
| 2014-06-30 | 5.98% |
| 2014-03-31 | 4.96% |
| 2013-12-31 | 4.81% |
| 2012-09-30 | 4.05% |
| 2012-06-30 | 4.65% |
| 2012-03-31 | 4.68% |
| 2011-12-31 | 5.38% |
| 2011-09-30 | 6.45% |
| 2011-06-30 | 5.77% |
| 2011-03-31 | 5.92% |
| 2010-12-31 | 5.95% |
| 2009-12-31 | 4.48% |
| 2009-09-30 | 5.12% |
| 2009-06-30 | 7.81% |
| 2009-03-31 | 9.07% |
| 2008-12-31 | 10.66% |
| 2008-09-30 | 9.83% |
| 2008-06-30 | 6.46% |
| 2008-03-31 | 6.40% |
| 2007-12-31 | 5.96% |
| 2007-09-30 | 6.88% |
| 2007-06-30 | 7.88% |
| 2007-03-31 | 8.13% |
| 2006-12-31 | 8.54% |
| 2006-09-30 | 8.88% |
| 2006-06-30 | 7.97% |
| 2006-03-31 | 7.02% |
| 2005-12-31 | 6.22% |
| 2005-09-30 | 5.71% |
| 2005-06-30 | 6.70% |
| 2005-03-31 | 4.68% |
| 2004-12-31 | 4.77% |
| 2004-09-30 | 4.55% |
| 2004-06-30 | 3.45% |
| 2004-03-31 | 4.43% |
| 2003-12-31 | 4.16% |
| 2003-09-30 | 4.23% |
| 2003-06-30 | 4.18% |
| 2003-03-31 | 4.38% |
