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 19.30% is 13% above its 1-year average of 17.07%, near the high end of its 1-year range (14.84%–19.30%).
As of the fiscal period ended Tuesday, June 30, 2026.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
Limited quarterly history available
ROIC needs at least three reported quarters before a meaningful chart is shown.
RETURN ON INVESTED CAPITAL (ROIC)
19.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
7.19%
median of 93 covered companies
CURRENT VS SECTOR MEDIAN
+168.40%
vs the sector median at left
Aya Gold & Silver Inc.
Market Cap
$3.87B
Return on Invested Capital (ROIC)
19.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.84B
Return on Invested Capital (ROIC)
0.25%
TTM Avg
-5.18%
3Y Avg
-5.18%
5Y Avg
-5.18%
Market Cap
$3.66B
Return on Invested Capital (ROIC)
16.66%
TTM Avg
8.24%
3Y Avg
3.12%
5Y Avg
1.91%
Market Cap
$3.63B
Return on Invested Capital (ROIC)
13.10%
TTM Avg
6.05%
3Y Avg
5.91%
5Y Avg
8.76%
Market Cap
$4.32B
Return on Invested Capital (ROIC)
18.02%
TTM Avg
10.21%
3Y Avg
4.78%
5Y Avg
4.76%
Market Cap
$3.18B
Return on Invested Capital (ROIC)
16.98%
TTM Avg
18.90%
3Y Avg
16.60%
5Y Avg
14.82%
Market Cap
$4.88B
Return on Invested Capital (ROIC)
2.99%
TTM Avg
1.56%
3Y Avg
6.23%
5Y Avg
2.26%
Market Cap
$2.76B
Return on Invested Capital (ROIC)
22.75%
TTM Avg
22.77%
3Y Avg
21.03%
5Y Avg
20.92%
Market Cap
$2.55B
Return on Invested Capital (ROIC)
11.37%
TTM Avg
2.11%
3Y Avg
2.25%
5Y Avg
2.22%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aya Gold & Silver Inc. (AYA) | $3.87B | 19.30% | N/A | N/A | N/A |
| Almonty Industries Inc. (ALM)vs › | $3.84B | 0.25% | -5.18% | -5.18% | -5.18% |
| Century Aluminum Company (CENX)vs › | $3.66B | 16.66% | 8.24% | 3.12% | 1.91% |
| Aris Mining Corporation (ARIS)vs › | $3.63B | 13.10% | 6.05% | 5.91% | 8.76% |
| Griffon Corporation (GFF)vs › | $4.32B | 18.02% | 10.21% | 4.78% | 4.76% |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.18B | 16.98% | 18.90% | 16.60% | 14.82% |
| Calumet Inc. (CLMT)vs › | $4.88B | 2.99% | 1.56% | 6.23% | 2.26% |
| WD-40 Company (WDFC)vs › | $2.76B | 22.75% | 22.77% | 21.03% | 20.92% |
| Endeavour Silver Corp. (EXK)vs › | $2.55B | 11.37% | 2.11% | 2.25% | 2.22% |
| Balchem Corp (BCPC)vs › | $5.33B | 11.50% | 10.52% | 9.36% | 9.16% |
ROIC
19.3%
ROE
22.9%
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 | 19.30% |
| 2026-03-31 | 14.84% |
