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 1.99% is 62% below its 5-year average of 5.23%, near the low end of its 5-year range (1.99%–8.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 57.74% below its 12-month average of 4.70%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
1.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-57.74%
CURRENT VS 3Y AVG
-69.94%
CURRENT VS 5Y AVG
-62.07%
CURRENT VS 10Y AVG
-68.94%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-81.91%
vs the sector median at left
Alibaba Group Holding Limited
Market Cap
$268.92B
Return on Invested Capital (ROIC)
1.99%
TTM Avg
4.70%
3Y Avg
6.60%
5Y Avg
5.23%
Market Cap
$245.81B
Return on Invested Capital (ROIC)
9.55%
TTM Avg
10.13%
3Y Avg
11.92%
5Y Avg
10.90%
Market Cap
$227.43B
Return on Invested Capital (ROIC)
3.53%
TTM Avg
3.86%
3Y Avg
3.95%
5Y Avg
3.76%
Market Cap
$317.08B
Return on Invested Capital (ROIC)
18.80%
TTM Avg
21.03%
3Y Avg
23.85%
5Y Avg
28.48%
Market Cap
$181.51B
Return on Invested Capital (ROIC)
17.85%
TTM Avg
17.90%
3Y Avg
17.47%
5Y Avg
16.44%
Market Cap
$176.19B
Return on Invested Capital (ROIC)
19.98%
TTM Avg
21.09%
3Y Avg
22.36%
5Y Avg
21.19%
Market Cap
$143.88B
Return on Invested Capital (ROIC)
24.37%
TTM Avg
22.94%
3Y Avg
22.04%
5Y Avg
18.45%
Market Cap
$142.67B
Return on Invested Capital (ROIC)
71.23%
TTM Avg
47.48%
3Y Avg
38.26%
5Y Avg
26.91%
Market Cap
$117.55B
Return on Invested Capital (ROIC)
10.00%
TTM Avg
13.23%
3Y Avg
16.04%
5Y Avg
14.19%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alibaba Group Holding Limited (BABA) | $268.92B | 1.99% | 4.70% | 6.60% | 5.23% |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY)vs › | $245.81B | 9.55% | 10.13% | 11.92% | 10.90% |
| Toyota Motor Corporation (TM)vs › | $227.43B | 3.53% | 3.86% | 3.95% | 3.76% |
| The Home Depot, Inc. (HD)vs › | $317.08B | 18.80% | 21.03% | 23.85% | 28.48% |
| McDonald's Corporation (MCD)vs › | $181.51B | 17.85% | 17.90% | 17.47% | 16.44% |
| Hermes International Societe en commandite par actions Unsponsored ADR (HESAY)vs › | $176.19B | 19.98% | 21.09% | 22.36% | 21.19% |
| The TJX Companies, Inc. (TJX)vs › | $143.88B | 24.37% | 22.94% | 22.04% | 18.45% |
| Booking Holdings Inc. (BKNG)vs › | $142.67B | 71.23% | 47.48% | 38.26% | 26.91% |
| Starbucks Corporation (SBUX)vs › | $117.55B | 10.00% | 13.23% | 16.04% | 14.19% |
| PDD Holdings Inc. (PDD)vs › | $113.94B | 17.16% | 23.32% | 22.85% | 14.25% |
ROIC
2.0%
ROE
6.8%
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 | 1.99% |
| 2026-03-31 | 3.07% |
| 2025-12-31 | 4.54% |
| 2025-09-30 | 5.83% |
| 2025-06-30 | 8.07% |
| 2025-03-31 | 7.93% |
| 2024-12-31 | 7.00% |
| 2024-09-30 | 5.84% |
| 2024-06-30 | 5.56% |
| 2024-03-31 | 6.23% |
| 2023-12-31 | 6.59% |
| 2023-09-30 | 7.88% |
| 2023-06-30 | 7.17% |
| 2023-03-31 | 5.84% |
| 2022-12-31 | 4.89% |
| 2022-09-30 | 3.19% |
| 2022-06-30 | 2.68% |
| 2022-03-31 | 3.29% |
| 2021-12-31 | 2.13% |
| 2021-09-30 | 4.99% |
| 2021-06-30 | 5.19% |
| 2021-03-31 | 5.42% |
| 2020-12-31 | 6.72% |
| 2020-09-30 | 6.60% |
| 2020-06-30 | 7.91% |
| 2020-03-31 | 7.49% |
| 2019-12-31 | 7.77% |
| 2019-09-30 | 7.74% |
| 2019-06-30 | 7.43% |
| 2019-03-31 | 5.96% |
| 2018-12-31 | 6.39% |
| 2018-09-30 | 6.83% |
| 2018-06-30 | 6.95% |
| 2018-03-31 | 8.68% |
| 2017-12-31 | 8.99% |
| 2017-09-30 | 10.22% |
| 2017-06-30 | 9.25% |
| 2017-03-31 | 8.50% |
| 2016-12-31 | 8.35% |
| 2016-09-30 | 7.02% |
| 2016-06-30 | 7.95% |
| 2016-03-31 | 8.29% |
| 2015-12-31 | 7.76% |
| 2015-09-30 | 7.55% |
| 2015-06-30 | 7.65% |
| 2015-03-31 | 8.42% |
| 2014-12-31 | 9.30% |
| 2014-09-30 | 10.96% |
| 2014-06-30 | 18.25% |
| 2014-03-31 | 26.35% |
| 2013-12-31 | 28.17% |
