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 10.72% is 21% below its 5-year average of 13.54%, near the low end of its 5-year range (9.35%–19.83%).
As of the fiscal period ended Saturday, August 1, 2026. 8.83% above its 12-month average of 9.85%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-08-01): 10.72%.
RETURN ON INVESTED CAPITAL (ROIC)
10.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
13.54%
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
+8.83%
CURRENT VS 3Y AVG
-1.51%
CURRENT VS 5Y AVG
-20.81%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
6.77%
median of 216 covered companies
CURRENT VS SECTOR MEDIAN
+58.41%
vs the sector median at left
Academy Sports and Outdoors, Inc.
Market Cap
$3.22B
Return on Invested Capital (ROIC)
10.72%
TTM Avg
9.85%
3Y Avg
10.89%
5Y Avg
13.54%
Market Cap
$3.03B
Return on Invested Capital (ROIC)
11.65%
TTM Avg
9.18%
3Y Avg
9.38%
5Y Avg
10.17%
Market Cap
$3.02B
Return on Invested Capital (ROIC)
25.21%
TTM Avg
21.27%
3Y Avg
22.22%
5Y Avg
22.87%
Market Cap
$3.53B
Return on Invested Capital (ROIC)
2.63%
TTM Avg
3.68%
3Y Avg
5.28%
5Y Avg
9.47%
Market Cap
$2.90B
Return on Invested Capital (ROIC)
9.69%
TTM Avg
8.22%
3Y Avg
9.82%
5Y Avg
9.61%
Market Cap
$3.57B
Return on Invested Capital (ROIC)
24.92%
TTM Avg
24.52%
3Y Avg
25.17%
5Y Avg
26.59%
Market Cap
$3.76B
Return on Invested Capital (ROIC)
13.20%
TTM Avg
12.25%
3Y Avg
10.07%
5Y Avg
10.44%
Market Cap
$2.64B
Return on Invested Capital (ROIC)
23.36%
TTM Avg
5.90%
3Y Avg
8.77%
5Y Avg
8.30%
Market Cap
$2.49B
Return on Invested Capital (ROIC)
3.49%
TTM Avg
2.10%
3Y Avg
-1.23%
5Y Avg
2.84%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Academy Sports and Outdoors, Inc. (ASO) | $3.22B | 10.72% | 9.85% | 10.89% | 13.54% |
| American Eagle Outfitters, Inc. (AEO)vs › | $3.03B | 11.65% | 9.18% | 9.38% | 10.17% |
| Wingstop Inc. (WING)vs › | $3.02B | 25.21% | 21.27% | 22.22% | 22.87% |
| Thor Industries, Inc. (THO)vs › | $3.53B | 2.63% | 3.68% | 5.28% | 9.47% |
| Columbia Sportswear Company (COLM)vs › | $2.90B | 9.69% | 8.22% | 9.82% | 9.61% |
| Bath & Body Works, Inc. (BBWI)vs › | $3.57B | 24.92% | 24.52% | 25.17% | 26.59% |
| Dorman Products, Inc. (DORM)vs › | $3.76B | 13.20% | 12.25% | 10.07% | 10.44% |
| Hovnanian Enterprises, Inc. PFD DEP1/1000A (HOVNP)vs › | $2.64B | 23.36% | 5.90% | 8.77% | 8.30% |
| Advance Auto Parts, Inc. (AAP)vs › | $2.49B | 3.49% | 2.10% | -1.23% | 2.84% |
| Lindblad Expeditions Holdings, Inc. (LIND)vs › | $2.35B | 11.40% | 6.62% | 0.47% | -5.36% |
ROIC
10.7%
ROE
18.2%
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) |
|---|---|
| 2026-08-01 | 10.72% |
| 2026-05-02 | 9.49% |
| 2026-01-31 | 9.35% |
| 2023-10-28 | 14.00% |
| 2022-10-29 | 17.87% |
| 2021-10-30 | 19.83% |
| 2020-10-31 | 8.33% |
| 2020-07-31 | 8.17% |
