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 13.10% is 167% above its 5-year average of 4.91%, near the high end of its 5-year range (0.58%–15.12%).
As of the fiscal period ended Tuesday, June 30, 2026. 44.97% above its 12-month average of 9.04%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
13.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+44.97%
CURRENT VS 3Y AVG
+155.33%
CURRENT VS 5Y AVG
+167.08%
CURRENT VS 10Y AVG
+77.19%
CURRENT VS 15Y AVG
+383.22%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
9.11%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+43.81%
vs the sector median at left
Aris Mining Corporation
Market Cap
$4.13B
Return on Invested Capital (ROIC)
13.10%
TTM Avg
9.04%
3Y Avg
5.13%
5Y Avg
4.91%
Market Cap
$4.47B
Return on Invested Capital (ROIC)
18.02%
TTM Avg
10.21%
3Y Avg
4.78%
5Y Avg
4.76%
Market Cap
$3.39B
Return on Invested Capital (ROIC)
16.98%
TTM Avg
18.90%
3Y Avg
16.60%
5Y Avg
14.82%
Market Cap
$3.17B
Return on Invested Capital (ROIC)
11.37%
TTM Avg
2.11%
3Y Avg
2.25%
5Y Avg
2.22%
Market Cap
$2.87B
Return on Invested Capital (ROIC)
22.75%
TTM Avg
22.77%
3Y Avg
21.03%
5Y Avg
20.92%
Market Cap
$2.20B
Return on Invested Capital (ROIC)
-0.28%
TTM Avg
8.39%
3Y Avg
7.69%
5Y Avg
7.19%
Market Cap
$1.24B
Return on Invested Capital (ROIC)
12.29%
TTM Avg
6.91%
3Y Avg
4.54%
5Y Avg
1.50%
Market Cap
$7.14B
Return on Invested Capital (ROIC)
5.81%
TTM Avg
4.97%
3Y Avg
5.93%
5Y Avg
5.31%
Market Cap
$7.14B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
10.45%
3Y Avg
18.39%
5Y Avg
18.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aris Mining Corporation (ARIS) | $4.13B | 13.10% | 9.04% | 5.13% | 4.91% |
| Griffon Corporation (GFF)vs › | $4.47B | 18.02% | 10.21% | 4.78% | 4.76% |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.39B | 16.98% | 18.90% | 16.60% | 14.82% |
| Endeavour Silver Corp. (EXK)vs › | $3.17B | 11.37% | 2.11% | 2.25% | 2.22% |
| WD-40 Company (WDFC)vs › | $2.87B | 22.75% | 22.77% | 21.03% | 20.92% |
| Minerals Technologies Inc. (MTX)vs › | $2.20B | -0.28% | 8.39% | 7.69% | 7.19% |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $1.24B | 12.29% | 6.91% | 4.54% | 1.50% |
| Arcosa, Inc. (ACA)vs › | $7.14B | 5.81% | 4.97% | 5.93% | 5.31% |
| Builders FirstSource, Inc. (BLDR)vs › | $7.14B | 3.18% | 10.45% | 18.39% | 18.04% |
| Lightwave Logic, Inc. (LWLG)vs › | $836.65M | -22.76% | -45.10% | -51.52% | -62.49% |
ROIC
13.1%
ROE
16.1%
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 | 13.10% |
| 2026-03-31 | 10.98% |
| 2025-12-31 | 8.67% |
| 2025-09-30 | 6.89% |
| 2025-06-30 | 5.54% |
| 2025-03-31 | 4.24% |
| 2024-12-31 | 3.40% |
| 2024-09-30 | 3.35% |
| 2024-06-30 | 3.33% |
| 2024-03-31 | 4.43% |
| 2023-12-31 | 4.81% |
| 2023-09-30 | 4.27% |
| 2023-06-30 | 1.65% |
| 2023-03-31 | 2.60% |
| 2022-12-31 | 2.91% |
| 2022-09-30 | 0.58% |
| 2022-06-30 | 4.34% |
| 2022-03-31 | 4.40% |
| 2021-12-31 | 6.59% |
| 2021-09-30 | 10.22% |
| 2021-06-30 | 15.12% |
| 2021-03-31 | 20.18% |
| 2020-12-31 | 17.59% |
| 2020-09-30 | -5.98% |
| 2020-06-30 | -13.46% |
| 2020-03-31 | -17.69% |
| 2019-12-31 | -22.06% |
| 2019-09-30 | 12.55% |
| 2019-06-30 | 10.94% |
| 2019-03-31 | 10.59% |
| 2018-12-31 | 10.51% |
| 2018-09-30 | 9.05% |
| 2018-06-30 | 14.38% |
| 2018-03-31 | 13.34% |
| 2017-12-31 | 13.07% |
| 2017-09-30 | 10.15% |
| 2017-06-30 | 11.38% |
| 2017-04-30 | 5.44% |
| 2017-01-31 | 5.55% |
| 2016-10-31 | 0.89% |
| 2016-07-31 | -0.09% |
| 2016-04-30 | -1.76% |
| 2016-01-31 | -4.61% |
| 2015-10-31 | 0.47% |
| 2015-07-31 | -1.43% |
| 2015-04-30 | -2.44% |
| 2015-01-31 | -3.20% |
| 2014-10-31 | -17.30% |
| 2014-07-31 | -16.38% |
| 2014-04-30 | -38.28% |
| 2014-01-31 | -37.61% |
| 2013-10-31 | -21.53% |
| 2013-07-31 | -20.48% |
| 2013-04-30 | -1.91% |
| 2013-01-31 | -1.34% |
| 2012-10-31 | -0.23% |
| 2012-07-31 | -2.14% |
| 2012-04-30 | -3.05% |
| 2012-01-31 | -4.55% |
| 2011-10-31 | -5.11% |
| 2011-07-31 | -9.82% |
| 2011-04-30 | -16.35% |
| 2011-01-31 | -14.26% |
| 2010-10-31 | -12.70% |
| 2009-04-30 | -1.95% |
| 2009-01-31 | -0.23% |
