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 11.50% is 26% above its 5-year average of 9.16%, near the high end of its 5-year range (7.39%–11.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.80% above its 12-month average of 10.77%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 11.50%.
RETURN ON INVESTED CAPITAL (ROIC)
11.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.94%
CURRENT VS TTM AVG
+6.80%
CURRENT VS 3Y AVG
+18.98%
CURRENT VS 5Y AVG
+25.63%
CURRENT VS 10Y AVG
+29.71%
CURRENT VS 15Y AVG
+18.30%
CURRENT VS 20Y AVG
+5.15%
SECTOR MEDIAN · BASIC MATERIALS
5.81%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
+97.97%
vs the sector median at left
Balchem Corp
Market Cap
$5.33B
Return on Invested Capital (ROIC)
11.50%
TTM Avg
10.77%
3Y Avg
9.67%
5Y Avg
9.16%
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
$5.99B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
10.45%
3Y Avg
18.39%
5Y Avg
18.04%
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
$6.77B
Return on Invested Capital (ROIC)
0.42%
TTM Avg
2.23%
3Y Avg
7.28%
5Y Avg
6.92%
Market Cap
$3.87B
Return on Invested Capital (ROIC)
19.30%
TTM Avg
6.93%
3Y Avg
6.93%
5Y Avg
6.93%
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%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Balchem Corp (BCPC) | $5.33B | 11.50% | 10.77% | 9.67% | 9.16% |
| Calumet Inc. (CLMT)vs › | $4.88B | 2.99% | 1.56% | 6.23% | 2.26% |
| Builders FirstSource, Inc. (BLDR)vs › | $5.99B | 3.18% | 10.45% | 18.39% | 18.04% |
| Griffon Corporation (GFF)vs › | $4.32B | 18.02% | 10.21% | 4.78% | 4.76% |
| The Mosaic Company (MOS)vs › | $6.77B | 0.42% | 2.23% | 7.28% | 6.92% |
| Aya Gold & Silver Inc. (AYA)vs › | $3.87B | 19.30% | 6.93% | 6.93% | 6.93% |
| 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% |
| Aura Minerals (AUGO)vs › | $7.14B | 32.87% | 17.37% | 13.87% | 16.14% |
ROIC
11.5%
ROE
12.6%
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 | 11.50% |
| 2026-03-31 | 11.17% |
| 2025-12-31 | 11.00% |
| 2025-09-30 | 10.27% |
| 2025-06-30 | 9.90% |
| 2025-03-31 | 10.00% |
| 2024-12-31 | 9.96% |
| 2024-09-30 | 9.15% |
| 2024-06-30 | 9.16% |
| 2024-03-31 | 9.00% |
| 2023-12-31 | 8.69% |
| 2023-09-30 | 8.21% |
| 2023-06-30 | 7.66% |
| 2023-03-31 | 7.39% |
| 2022-12-31 | 7.70% |
| 2022-09-30 | 7.54% |
| 2022-06-30 | 7.56% |
| 2022-03-31 | 9.66% |
| 2021-12-31 | 9.27% |
| 2021-09-30 | 8.86% |
| 2021-06-30 | 8.61% |
| 2021-03-31 | 8.43% |
| 2020-12-31 | 8.25% |
| 2020-09-30 | 7.97% |
| 2020-06-30 | 8.00% |
| 2020-03-31 | 7.87% |
| 2019-12-31 | 7.96% |
| 2019-09-30 | 8.30% |
| 2019-06-30 | 8.09% |
| 2019-03-31 | 9.26% |
| 2018-12-31 | 9.45% |
| 2018-09-30 | 11.58% |
| 2018-06-30 | 11.20% |
| 2018-03-31 | 11.25% |
| 2017-12-31 | 10.92% |
| 2017-09-30 | 7.77% |
| 2017-06-30 | 7.37% |
| 2017-03-31 | 7.30% |
| 2016-12-31 | 6.95% |
| 2016-09-30 | 6.72% |
| 2016-06-30 | 6.63% |
| 2016-03-31 | 6.61% |
| 2015-12-31 | 7.72% |
| 2015-09-30 | 8.09% |
| 2015-06-30 | 8.36% |
| 2015-03-31 | 7.87% |
| 2014-12-31 | 7.03% |
| 2014-09-30 | 5.81% |
| 2014-06-30 | 4.94% |
| 2014-03-31 | 12.06% |
| 2013-12-31 | 13.11% |
| 2013-09-30 | 13.17% |
| 2013-06-30 | 13.74% |
| 2013-03-31 | 14.02% |
| 2012-12-31 | 14.15% |
| 2012-09-30 | 14.37% |
| 2012-06-30 | 14.98% |
| 2012-03-31 | 15.33% |
| 2011-12-31 | 15.86% |
| 2011-09-30 | 16.21% |
| 2011-06-30 | 16.07% |
| 2011-03-31 | 16.49% |
| 2010-12-31 | 16.47% |
| 2010-09-30 | 15.95% |
| 2010-06-30 | 16.20% |
| 2010-03-31 | 16.39% |
| 2009-12-31 | 16.68% |
| 2009-09-30 | 15.97% |
| 2009-06-30 | 15.60% |
| 2009-03-31 | 15.19% |
| 2008-12-31 | 14.71% |
| 2008-09-30 | 13.97% |
| 2008-06-30 | 14.14% |
| 2008-03-31 | 14.03% |
| 2007-12-31 | 13.07% |
| 2007-09-30 | 11.74% |
| 2007-06-30 | 10.67% |
| 2007-03-31 | 11.09% |
| 2006-12-31 | 14.88% |
| 2006-09-30 | 14.83% |
| 2006-06-30 | 14.94% |
| 2006-03-31 | 14.02% |
| 2005-12-31 | 16.32% |
| 2005-09-30 | 15.79% |
| 2005-06-30 | 15.37% |
| 2005-03-31 | 15.05% |
| 2004-12-31 | 14.77% |
| 2004-09-30 | 12.56% |
| 2004-06-30 | 10.79% |
| 2004-03-31 | 10.66% |
| 2003-12-31 | 11.03% |
| 2003-09-30 | 11.78% |
| 2003-06-30 | 14.61% |
