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 12.62% is 49% below its 5-year average of 24.83%, near the low end of its 5-year range (9.73%–53.30%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.77% above its 12-month average of 12.40%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 12.62%.
RETURN ON INVESTED CAPITAL (ROIC)
12.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
24.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+1.77%
CURRENT VS 3Y AVG
+0.77%
CURRENT VS 5Y AVG
-49.15%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
5.73%
median of 97 covered companies
CURRENT VS SECTOR MEDIAN
+120.30%
vs the sector median at left
Afya Limited
Market Cap
$1.20B
Return on Invested Capital (ROIC)
12.62%
TTM Avg
12.40%
3Y Avg
12.53%
5Y Avg
24.83%
Market Cap
$1.19B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
6.58%
3Y Avg
6.87%
5Y Avg
7.43%
Market Cap
$1.23B
Return on Invested Capital (ROIC)
3.51%
TTM Avg
10.87%
3Y Avg
11.44%
5Y Avg
11.44%
Market Cap
$1.12B
Return on Invested Capital (ROIC)
1.67%
TTM Avg
5.23%
3Y Avg
1.64%
5Y Avg
3.02%
Market Cap
$1.12B
Return on Invested Capital (ROIC)
-0.55%
TTM Avg
19.34%
3Y Avg
18.35%
5Y Avg
18.43%
Market Cap
$1.05B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
5.67%
3Y Avg
6.27%
5Y Avg
5.92%
Market Cap
$1.47B
Return on Invested Capital (ROIC)
4.86%
TTM Avg
6.24%
3Y Avg
6.59%
5Y Avg
5.93%
Market Cap
$814.63M
Return on Invested Capital (ROIC)
10.85%
TTM Avg
6.29%
3Y Avg
-4.81%
5Y Avg
-1.72%
Market Cap
$498.24M
Return on Invested Capital (ROIC)
-0.72%
TTM Avg
-0.83%
3Y Avg
-0.17%
5Y Avg
0.09%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Afya Limited (AFYA) | $1.20B | 12.62% | 12.40% | 12.53% | 24.83% |
| Flowers Foods, Inc. (FLO)vs › | $1.19B | 5.41% | 6.58% | 6.87% | 7.43% |
| Air Global PLC Ordinary Shares (AIIR)vs › | $1.23B | 3.51% | 10.87% | 11.44% | 11.44% |
| Mission Produce, Inc. (AVO)vs › | $1.12B | 1.67% | 5.23% | 1.64% | 3.02% |
| Oddity Tech Ltd. (ODD)vs › | $1.12B | -0.55% | 19.34% | 18.35% | 18.43% |
| Universal Corporation (UVV)vs › | $1.05B | 3.56% | 5.67% | 6.27% | 5.92% |
| J&J Snack Foods Corp. (JJSF)vs › | $1.47B | 4.86% | 6.24% | 6.59% | 5.93% |
| American Public Education, Inc. (APEI)vs › | $814.63M | 10.85% | 6.29% | -4.81% | -1.72% |
| Krispy Kreme, Inc. (DNUT)vs › | $498.24M | -0.72% | -0.83% | -0.17% | 0.09% |
| Agencia Comercial Spirits Ltd (AGCC)vs › | $341.80M | 38.43% | 28.19% | 28.19% | 28.19% |
ROIC
12.6%
ROE
15.8%
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 | 12.62% |
| 2026-03-31 | 12.32% |
| 2025-12-31 | 12.56% |
| 2025-09-30 | 12.46% |
| 2025-06-30 | 12.05% |
| 2025-03-31 | 12.60% |
| 2024-12-31 | 13.51% |
| 2024-09-30 | 12.01% |
| 2024-06-30 | 13.28% |
| 2024-03-31 | 11.86% |
| 2023-12-31 | 10.61% |
| 2023-09-30 | 9.73% |
| 2023-06-30 | 41.14% |
| 2023-03-31 | 44.40% |
| 2022-12-31 | 50.81% |
| 2022-09-30 | 53.30% |
| 2022-06-30 | 46.48% |
| 2022-03-31 | 33.23% |
| 2021-12-31 | 38.18% |
| 2021-09-30 | 35.90% |
| 2021-06-30 | 32.31% |
| 2021-03-31 | 47.54% |
| 2020-12-31 | 7.49% |
| 2020-09-30 | 51.75% |
| 2020-06-30 | 47.21% |
| 2020-03-31 | 8.08% |
| 2019-12-31 | 7.26% |
| 2019-09-30 | 6.51% |
| 2019-06-30 | 8.83% |
| 2019-03-31 | 9.28% |
| 2018-12-31 | 12.59% |
