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 7.19% is 48% above its 5-year average of 4.86%, near the high end of its 5-year range (1.84%–7.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.05% above its 12-month average of 6.91%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.19%.
RETURN ON INVESTED CAPITAL (ROIC)
7.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.31%
CURRENT VS TTM AVG
+4.05%
CURRENT VS 3Y AVG
+21.86%
CURRENT VS 5Y AVG
+47.87%
CURRENT VS 10Y AVG
-0.76%
CURRENT VS 15Y AVG
-20.43%
CURRENT VS 20Y AVG
-22.71%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-34.46%
vs the sector median at left
The Cheesecake Factory Incorporated
Market Cap
$5.19B
Return on Invested Capital (ROIC)
7.19%
TTM Avg
6.91%
3Y Avg
5.90%
5Y Avg
4.86%
Market Cap
$4.85B
Return on Invested Capital (ROIC)
9.74%
TTM Avg
8.22%
3Y Avg
8.38%
5Y Avg
7.13%
Market Cap
$5.89B
Return on Invested Capital (ROIC)
5.62%
TTM Avg
6.91%
3Y Avg
8.54%
5Y Avg
8.63%
Market Cap
$5.96B
Return on Invested Capital (ROIC)
8.28%
TTM Avg
6.23%
3Y Avg
5.01%
5Y Avg
8.15%
Market Cap
$6.01B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
5.06%
3Y Avg
-0.33%
5Y Avg
-3.66%
Market Cap
$6.03B
Return on Invested Capital (ROIC)
20.97%
TTM Avg
22.98%
3Y Avg
20.90%
5Y Avg
16.22%
Market Cap
$6.05B
Return on Invested Capital (ROIC)
18.10%
TTM Avg
19.37%
3Y Avg
19.61%
5Y Avg
26.64%
Market Cap
$6.49B
Return on Invested Capital (ROIC)
20.66%
TTM Avg
13.77%
3Y Avg
2.20%
5Y Avg
7.34%
Market Cap
$3.76B
Return on Invested Capital (ROIC)
3.54%
TTM Avg
5.31%
3Y Avg
9.90%
5Y Avg
10.26%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Cheesecake Factory Incorporated (CAKE) | $5.19B | 7.19% | 6.91% | 5.90% | 4.86% |
| Vail Resorts, Inc. (MTN)vs › | $4.85B | 9.74% | 8.22% | 8.38% | 7.13% |
| LKQ Corporation (LKQ)vs › | $5.89B | 5.62% | 6.91% | 8.54% | 8.63% |
| Macy's, Inc. (M)vs › | $5.96B | 8.28% | 6.23% | 5.01% | 8.15% |
| CAVA Group, Inc. (CAVA)vs › | $6.01B | 5.41% | 5.06% | -0.33% | -3.66% |
| Abercrombie & Fitch Co. (ANF)vs › | $6.03B | 20.97% | 22.98% | 20.90% | 16.22% |
| Crocs, Inc. (CROX)vs › | $6.05B | 18.10% | 19.37% | 19.61% | 26.64% |
| Etsy, Inc. (ETSY)vs › | $6.49B | 20.66% | 13.77% | 2.20% | 7.34% |
| Thor Industries, Inc. (THO)vs › | $3.76B | 3.54% | 5.31% | 9.90% | 10.26% |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $6.71B | 8.01% | 9.10% | 3.40% | -3.91% |
ROIC
7.2%
ROE
34.4%
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 | 7.19% |
| 2026-03-31 | 6.69% |
| 2025-12-30 | 6.27% |
| 2025-09-30 | 7.16% |
| 2025-07-01 | 7.25% |
| 2025-04-01 | 7.33% |
| 2024-12-31 | 7.01% |
| 2024-10-01 | 5.98% |
| 2024-07-02 | 5.58% |
| 2024-04-02 | 4.89% |
| 2023-12-31 | 4.69% |
| 2023-10-03 | 3.70% |
| 2023-07-04 | 2.99% |
| 2023-04-04 | 2.11% |
| 2022-12-31 | 1.84% |
| 2022-09-27 | 2.37% |
| 2022-06-28 | 4.12% |
| 2022-03-29 | 4.68% |
| 2021-12-31 | 3.59% |
| 2021-09-28 | 1.85% |
| 2021-06-29 | -1.12% |
| 2021-03-30 | -6.82% |
| 2020-12-31 | -15.15% |
| 2020-09-29 | -13.21% |
| 2020-06-30 | -9.79% |
| 2020-03-31 | -5.09% |
| 2019-12-31 | 4.22% |
| 2019-10-01 | 5.71% |
| 2019-07-02 | 7.14% |
| 2019-04-02 | 6.81% |
| 2018-12-31 | 12.22% |
| 2018-10-02 | 12.89% |
| 2018-07-03 | 13.15% |
| 2018-04-03 | 14.93% |
| 2017-12-31 | 16.35% |
| 2017-10-03 | 14.41% |
| 2017-07-04 | 15.06% |
| 2017-04-04 | 15.38% |
| 2016-12-31 | 15.95% |
| 2016-09-27 | 15.63% |
| 2016-06-28 | 14.57% |
| 2016-03-29 | 14.29% |
| 2015-12-31 | 13.68% |
| 2015-09-29 | 13.35% |
| 2015-06-30 | 13.31% |
| 2015-03-31 | 13.49% |
| 2014-12-31 | 12.38% |
| 2014-09-30 | 13.51% |
| 2014-07-01 | 14.12% |
| 2014-04-01 | 14.10% |
| 2013-12-31 | 13.68% |
| 2013-10-01 | 12.35% |
| 2013-07-02 | 11.81% |
| 2013-04-02 | 12.58% |
| 2012-12-31 | 12.14% |
| 2012-10-02 | 12.89% |
| 2012-07-03 | 12.39% |
| 2012-04-03 | 12.41% |
| 2011-12-31 | 12.37% |
| 2011-09-27 | 11.78% |
| 2011-06-28 | 11.69% |
| 2011-03-29 | 11.72% |
| 2010-12-31 | 11.42% |
| 2010-09-28 | 9.15% |
| 2010-06-29 | 8.52% |
| 2010-03-30 | 7.79% |
| 2009-12-31 | 7.27% |
| 2009-09-29 | 7.36% |
| 2009-06-30 | 6.48% |
| 2009-03-31 | 6.29% |
| 2008-12-31 | 6.50% |
| 2008-09-30 | 7.30% |
| 2008-07-01 | 7.48% |
| 2008-04-01 | 7.60% |
| 2007-12-31 | 8.35% |
| 2007-10-02 | 8.88% |
| 2007-07-03 | 8.88% |
| 2007-04-03 | 9.01% |
| 2006-12-31 | 8.75% |
| 2006-10-03 | 9.39% |
| 2006-07-04 | 10.24% |
| 2006-04-04 | 10.02% |
| 2005-12-31 | 10.63% |
| 2005-09-27 | 10.79% |
| 2005-06-28 | 10.27% |
| 2005-03-29 | 10.01% |
| 2004-12-31 | 9.93% |
| 2004-09-28 | 10.57% |
| 2004-06-29 | 11.01% |
| 2004-03-30 | 10.73% |
| 2003-12-31 | 10.67% |
| 2003-09-30 | 11.23% |
| 2003-07-01 | 11.20% |
