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 8.56% is 33% above its 5-year average of 6.45%, near the high end of its 5-year range (5.18%–8.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.10% above its 12-month average of 6.84%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 8.56%.
RETURN ON INVESTED CAPITAL (ROIC)
8.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.01%
CURRENT VS TTM AVG
+25.10%
CURRENT VS 3Y AVG
+40.70%
CURRENT VS 5Y AVG
+32.80%
CURRENT VS 10Y AVG
+33.15%
CURRENT VS 15Y AVG
+9.99%
CURRENT VS 20Y AVG
+6.80%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-22.01%
vs the sector median at left
Ball Corporation
Market Cap
$15.95B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
6.84%
3Y Avg
6.08%
5Y Avg
6.45%
Market Cap
$15.63B
Return on Invested Capital (ROIC)
-17.14%
TTM Avg
-6.68%
3Y Avg
3.72%
5Y Avg
5.06%
Market Cap
$15.46B
Return on Invested Capital (ROIC)
2.98%
TTM Avg
4.75%
3Y Avg
6.05%
5Y Avg
3.68%
Market Cap
$16.63B
Return on Invested Capital (ROIC)
24.34%
TTM Avg
28.03%
3Y Avg
30.20%
5Y Avg
27.19%
Market Cap
$17.31B
Return on Invested Capital (ROIC)
11.81%
TTM Avg
14.55%
3Y Avg
15.90%
5Y Avg
16.00%
Market Cap
$17.45B
Return on Invested Capital (ROIC)
-0.53%
TTM Avg
3.29%
3Y Avg
0.86%
5Y Avg
0.27%
Market Cap
$13.52B
Return on Invested Capital (ROIC)
31.55%
TTM Avg
-16.75%
3Y Avg
-45.75%
5Y Avg
-28.91%
Market Cap
$18.43B
Return on Invested Capital (ROIC)
8.03%
TTM Avg
9.84%
3Y Avg
11.42%
5Y Avg
10.57%
Market Cap
$12.96B
Return on Invested Capital (ROIC)
12.49%
TTM Avg
12.31%
3Y Avg
12.68%
5Y Avg
13.32%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ball Corporation (BALL) | $15.95B | 8.56% | 6.84% | 6.08% | 6.45% |
| Stellantis N.V. (STLA)vs › | $15.63B | -17.14% | -6.68% | 3.72% | 5.06% |
| Hyatt Hotels Corporation (H)vs › | $15.46B | 2.98% | 4.75% | 6.05% | 3.68% |
| NVR, Inc. (NVR)vs › | $16.63B | 24.34% | 28.03% | 30.20% | 27.19% |
| Tractor Supply Company (TSCO)vs › | $17.31B | 11.81% | 14.55% | 15.90% | 16.00% |
| Flutter Entertainment plc (FLUT)vs › | $17.45B | -0.53% | 3.29% | 0.86% | 0.27% |
| Wayfair Inc. (W)vs › | $13.52B | 31.55% | -16.75% | -45.75% | -28.91% |
| Genuine Parts Company (GPC)vs › | $18.43B | 8.03% | 9.84% | 11.42% | 10.57% |
| Avery Dennison Corporation (AVY)vs › | $12.96B | 12.49% | 12.31% | 12.68% | 13.32% |
| Hasbro, Inc. (HAS)vs › | $12.91B | 19.09% | 18.12% | 1.79% | 3.40% |
ROIC
8.6%
ROE
16.5%
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 | 8.56% |
| 2026-03-31 | 6.59% |
| 2025-12-31 | 7.09% |
| 2025-09-30 | 5.90% |
| 2025-06-30 | 6.06% |
| 2025-03-31 | 6.76% |
| 2024-12-31 | 5.88% |
| 2024-09-30 | 6.84% |
| 2024-06-30 | 5.71% |
| 2024-03-31 | 5.25% |
| 2023-12-31 | 6.40% |
| 2023-09-30 | 5.18% |
| 2023-06-30 | 5.33% |
| 2023-03-31 | 5.28% |
| 2022-12-31 | 5.82% |
| 2022-09-30 | 6.36% |
| 2022-06-30 | 6.86% |
| 2022-03-31 | 7.12% |
| 2021-12-31 | 7.30% |
| 2021-09-30 | 7.10% |
| 2021-06-30 | 7.96% |
| 2021-03-31 | 8.27% |
| 2020-12-31 | 8.10% |
| 2020-09-30 | 8.45% |
| 2020-06-30 | 7.24% |
| 2020-03-31 | 7.49% |
| 2019-12-31 | 8.10% |
| 2019-09-30 | 8.02% |
| 2019-06-30 | 6.85% |
| 2019-03-31 | 5.97% |
| 2018-12-31 | 5.74% |
| 2018-09-30 | 5.08% |
| 2018-06-30 | 6.13% |
| 2018-03-31 | 6.49% |
| 2017-12-31 | 6.38% |
| 2017-09-30 | 4.98% |
| 2017-06-30 | 3.67% |
| 2017-03-31 | 5.69% |
| 2016-12-31 | 5.40% |
| 2016-09-30 | 5.53% |
| 2016-06-30 | 4.63% |
| 2016-03-31 | 9.48% |
| 2015-12-31 | 9.02% |
| 2015-09-30 | 12.00% |
| 2015-06-30 | 10.60% |
| 2015-03-31 | 11.65% |
| 2014-12-31 | 12.30% |
| 2014-09-30 | 11.78% |
| 2014-06-30 | 11.18% |
| 2014-03-31 | 10.64% |
| 2013-12-31 | 10.29% |
| 2013-09-30 | 10.73% |
| 2013-06-30 | 10.32% |
| 2013-03-31 | 10.34% |
| 2012-12-31 | 11.22% |
| 2012-09-30 | 10.29% |
| 2012-07-01 | 10.21% |
| 2012-04-01 | 9.83% |
| 2011-12-31 | 10.26% |
| 2011-10-02 | 9.75% |
| 2011-07-03 | 9.29% |
| 2011-04-03 | 8.87% |
| 2010-12-31 | 9.59% |
| 2010-09-26 | 9.07% |
| 2010-06-27 | 9.05% |
| 2010-03-28 | 8.28% |
| 2009-12-31 | 8.88% |
| 2009-09-27 | 8.22% |
| 2009-06-28 | 9.17% |
| 2009-03-29 | 8.42% |
| 2008-12-31 | 9.01% |
| 2008-09-28 | 8.81% |
| 2008-06-29 | 7.77% |
| 2008-03-30 | 7.84% |
| 2007-12-31 | 9.09% |
| 2007-09-30 | 9.12% |
| 2007-07-01 | 9.96% |
| 2007-04-01 | 9.17% |
| 2006-12-31 | 8.59% |
| 2006-10-01 | 8.03% |
| 2006-07-02 | 7.52% |
| 2006-03-31 | 29.16% |
| 2005-12-31 | 39.36% |
| 2005-10-02 | 34.84% |
| 2005-07-03 | 33.28% |
| 2005-04-03 | 10.03% |
| 2004-12-31 | 10.20% |
| 2004-10-03 | 10.19% |
| 2004-07-04 | 9.80% |
| 2004-04-04 | 9.48% |
| 2003-12-31 | 9.56% |
| 2003-09-28 | 8.31% |
| 2003-06-29 | 7.20% |
