Basis: Latest reported fiscal year. 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 14.01% is 16% below its 5-year average of 16.61%, near the low end of its 5-year range (11.80%–28.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.70% above its 12-month average of 13.25%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2026-06-30.
RETURN ON INVESTED CAPITAL (ROIC)
14.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
16.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.90%
CURRENT VS TTM AVG
+5.70%
CURRENT VS 3Y AVG
+0.88%
CURRENT VS 5Y AVG
-15.63%
CURRENT VS 10Y AVG
+11.86%
CURRENT VS 15Y AVG
+34.94%
CURRENT VS 20Y AVG
+8.61%
SECTOR MEDIAN · BASIC MATERIALS
8.91%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+57.15%
vs the sector median at left
BHP Group Limited
Market Cap
$215.85B
Return on Invested Capital (ROIC)
14.01%
TTM Avg
13.25%
3Y Avg
13.89%
5Y Avg
16.61%
Market Cap
$217.37B
Return on Invested Capital (ROIC)
9.93%
TTM Avg
9.10%
3Y Avg
8.52%
5Y Avg
7.25%
Market Cap
$170.14B
Return on Invested Capital (ROIC)
26.20%
TTM Avg
21.91%
3Y Avg
19.48%
5Y Avg
18.59%
Market Cap
$153.66B
Return on Invested Capital (ROIC)
9.23%
TTM Avg
10.98%
3Y Avg
12.46%
5Y Avg
14.50%
Market Cap
$127.95B
Return on Invested Capital (ROIC)
13.76%
TTM Avg
10.18%
3Y Avg
6.03%
5Y Avg
5.49%
Market Cap
$103.94B
Return on Invested Capital (ROIC)
8.80%
TTM Avg
8.30%
3Y Avg
8.88%
5Y Avg
8.51%
Market Cap
$90.98B
Return on Invested Capital (ROIC)
9.77%
TTM Avg
7.86%
3Y Avg
7.37%
5Y Avg
6.63%
Market Cap
$79.89B
Return on Invested Capital (ROIC)
14.59%
TTM Avg
15.02%
3Y Avg
14.74%
5Y Avg
14.56%
Market Cap
$78.66B
Return on Invested Capital (ROIC)
9.42%
TTM Avg
11.92%
3Y Avg
10.20%
5Y Avg
9.64%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BHP Group Limited (BHP) | $215.85B | 14.01% | 13.25% | 13.89% | 16.61% |
| Linde plc (LIN)vs › | $217.37B | 9.93% | 9.10% | 8.52% | 7.25% |
| Southern Copper Corporation (SCCO)vs › | $170.14B | 26.20% | 21.91% | 19.48% | 18.59% |
| Rio Tinto Group (RIO)vs › | $153.66B | 9.23% | 10.98% | 12.46% | 14.50% |
| Newmont Corporation (NEM)vs › | $127.95B | 13.76% | 10.18% | 6.03% | 5.49% |
| Freeport-McMoRan Inc. (FCX)vs › | $103.94B | 8.80% | 8.30% | 8.88% | 8.51% |
| Johnson Controls International plc (JCI)vs › | $90.98B | 9.77% | 7.86% | 7.37% | 6.63% |
| The Sherwin-Williams Company (SHW)vs › | $79.89B | 14.59% | 15.02% | 14.74% | 14.56% |
| Ecolab Inc. (ECL)vs › | $78.66B | 9.42% | 11.92% | 10.20% | 9.64% |
| Barrick Mining Corporation (B)vs › | $71.85B | 17.08% | 10.16% | 7.31% | 7.34% |
ROIC
14.0%
ROE
19.9%
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 | 14.01% |
| 2025-06-30 | 12.50% |
| 2024-06-30 | 11.80% |
| 2023-06-30 | 17.24% |
| 2022-06-30 | 28.84% |
| 2021-06-30 | 15.24% |
| 2020-06-30 | 9.67% |
| 2019-06-30 | 11.30% |
| 2018-06-30 | 8.73% |
| 2017-06-30 | 7.05% |
| 2016-06-30 | 1.39% |
| 2015-06-30 | 4.14% |
| 2014-06-30 | 3.47% |
| 2013-06-30 | 11.05% |
| 2012-06-30 | 17.76% |
| 2011-06-30 | 29.11% |
| 2010-06-30 | 15.91% |
| 2009-06-30 | 12.64% |
| 2008-06-30 | 26.06% |
| 2007-06-30 | 27.93% |
| 2006-06-30 | 17.19% |
| 2005-06-30 | 12.82% |
| 2004-06-30 | 10.33% |
| 2003-06-30 | 5.63% |
| 2002-06-30 | 6.31% |
| 2001-06-30 | 3.43% |
| 2000-06-30 | -7.15% |
| 1999-05-31 | -15.48% |
| 1998-05-31 | -11.76% |
| 1997-05-31 | -1.11% |
