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 -10.93% is 314% below its 5-year average of 5.11%, near the low end of its 5-year range (-10.93%–7.88%).
As of the fiscal period ended Sunday, May 31, 2026. 1242.86% below its 12-month average of 0.96%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
-10.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
0.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.15%
CURRENT VS TTM AVG
-1242.86%
CURRENT VS 3Y AVG
-327.71%
CURRENT VS 5Y AVG
-313.90%
CURRENT VS 10Y AVG
-294.50%
CURRENT VS 15Y AVG
-289.81%
CURRENT VS 20Y AVG
-277.84%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-233.53%
vs the sector median at left
Conagra Brands, Inc.
Market Cap
$7.31B
Return on Invested Capital (ROIC)
-10.93%
TTM Avg
0.96%
3Y Avg
4.80%
5Y Avg
5.11%
Market Cap
$7.28B
Return on Invested Capital (ROIC)
-11.90%
TTM Avg
-2.96%
3Y Avg
-0.13%
5Y Avg
0.44%
Market Cap
$7.10B
Return on Invested Capital (ROIC)
14.19%
TTM Avg
14.39%
3Y Avg
12.20%
5Y Avg
12.04%
Market Cap
$7.56B
Return on Invested Capital (ROIC)
5.33%
TTM Avg
9.14%
3Y Avg
4.96%
5Y Avg
4.24%
Market Cap
$6.79B
Return on Invested Capital (ROIC)
6.54%
TTM Avg
6.47%
3Y Avg
9.04%
5Y Avg
10.00%
Market Cap
$6.49B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
6.46%
3Y Avg
6.65%
5Y Avg
7.80%
Market Cap
$6.15B
Return on Invested Capital (ROIC)
6.12%
TTM Avg
7.73%
3Y Avg
10.77%
5Y Avg
8.50%
Market Cap
$8.66B
Return on Invested Capital (ROIC)
9.90%
TTM Avg
9.28%
3Y Avg
6.44%
5Y Avg
6.44%
Market Cap
$11.08B
Return on Invested Capital (ROIC)
20.67%
TTM Avg
22.68%
3Y Avg
17.92%
5Y Avg
17.53%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Conagra Brands, Inc. (CAG) | $7.31B | -10.93% | 0.96% | 4.80% | 5.11% |
| Molson Coors Beverage Company (TAP)vs › | $7.28B | -11.90% | -2.96% | -0.13% | 0.44% |
| Sprouts Farmers Market, Inc. (SFM)vs › | $7.10B | 14.19% | 14.39% | 12.20% | 12.04% |
| Celsius Holdings, Inc. (CELH)vs › | $7.56B | 5.33% | 9.14% | 4.96% | 4.24% |
| Lamb Weston Holdings, Inc. (LW)vs › | $6.79B | 6.54% | 6.47% | 9.04% | 10.00% |
| Campbell Soup Company (CPB)vs › | $6.49B | 4.88% | 6.46% | 6.65% | 7.80% |
| e.l.f. Beauty, Inc. (ELF)vs › | $6.15B | 6.12% | 7.73% | 10.77% | 8.50% |
| Smithfield Foods, Inc. (SFD)vs › | $8.66B | 9.90% | 9.28% | 6.44% | 6.44% |
| The Clorox Company (CLX)vs › | $11.08B | 20.67% | 22.68% | 17.92% | 17.53% |
| Cal-Maine Foods, Inc. (CALM)vs › | $3.51B | 9.34% | 25.46% | 26.07% | 18.52% |
ROIC
-10.9%
ROE
-30.1%
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) |
|---|---|
| 2026-05-31 | -10.93% |
| 2026-02-22 | 4.69% |
| 2025-11-23 | 4.38% |
| 2025-08-24 | 5.69% |
| 2025-05-25 | 7.81% |
| 2025-02-23 | 2.81% |
| 2024-11-24 | 3.85% |
| 2024-08-25 | 3.86% |
| 2024-05-26 | 2.62% |
| 2024-02-25 | 5.77% |
| 2023-11-26 | 5.81% |
| 2023-08-27 | 6.21% |
| 2023-05-31 | 4.12% |
| 2023-02-26 | 4.63% |
| 2022-11-27 | 3.93% |
| 2022-08-28 | 3.50% |
| 2022-05-31 | 5.12% |
| 2022-02-27 | 5.99% |
| 2021-11-28 | 6.42% |
| 2021-08-29 | 7.13% |
| 2021-05-31 | 7.88% |
| 2021-02-28 | 7.46% |
| 2020-11-29 | 7.13% |
| 2020-08-30 | 6.51% |
| 2020-05-31 | 5.88% |
| 2020-02-23 | 5.36% |
| 2019-11-24 | 5.57% |
| 2019-08-25 | 4.82% |
| 2019-05-31 | 4.45% |
| 2019-02-24 | 3.78% |
| 2018-11-25 | 3.86% |
| 2018-08-26 | 9.88% |
| 2018-05-31 | 9.25% |
| 2018-02-25 | 9.82% |
| 2017-11-26 | 8.30% |
| 2017-08-27 | 7.47% |
| 2017-05-31 | 7.33% |
| 2017-02-26 | 4.90% |
| 2016-11-27 | 3.81% |
| 2016-08-28 | 3.21% |
| 2016-05-31 | 3.81% |
| 2016-02-28 | 6.08% |
| 2015-11-29 | 5.96% |
| 2015-08-30 | 6.90% |
| 2015-05-31 | 5.78% |
| 2015-02-22 | 2.61% |
| 2014-11-23 | 2.51% |
| 2014-08-24 | 2.62% |
| 2014-05-31 | 2.83% |
| 2014-02-23 | 5.71% |
| 2013-11-24 | 4.99% |
| 2013-08-25 | 4.84% |
| 2013-05-31 | 5.34% |
| 2013-02-24 | 3.55% |
| 2012-11-25 | 7.89% |
| 2012-08-26 | 7.95% |
| 2012-05-31 | 6.58% |
| 2012-02-26 | 9.80% |
| 2011-11-27 | 9.69% |
| 2011-08-28 | 9.34% |
| 2011-05-31 | 9.75% |
| 2011-02-27 | 8.12% |
| 2010-11-28 | 7.90% |
| 2010-08-29 | 8.20% |
| 2010-05-31 | 8.28% |
| 2010-02-28 | 8.94% |
| 2009-11-29 | 8.77% |
| 2009-08-30 | 8.33% |
| 2009-05-31 | 7.92% |
| 2009-02-22 | 4.32% |
| 2008-11-23 | 5.40% |
| 2008-08-24 | 5.24% |
| 2008-05-31 | 4.87% |
| 2008-02-24 | 8.59% |
| 2007-11-25 | 7.81% |
| 2007-08-26 | 8.74% |
| 2007-05-31 | 8.72% |
| 2007-02-25 | 7.47% |
| 2006-11-26 | 6.55% |
| 2006-08-27 | 5.93% |
| 2006-05-31 | 6.08% |
| 2006-02-26 | 6.43% |
| 2005-11-27 | 5.97% |
| 2005-08-28 | 7.07% |
| 2005-05-31 | 7.05% |
| 2005-02-27 | 7.79% |
| 2004-11-28 | 8.30% |
| 2004-08-29 | 8.05% |
| 2004-05-31 | 8.31% |
| 2004-02-22 | 8.38% |
| 2003-11-23 | 8.51% |
| 2003-08-24 | 8.02% |
| 2003-05-31 | 8.60% |