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 5.77% is 19% below its 5-year average of 7.16%, near the low end of its 5-year range (4.83%–10.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.23% below its 12-month average of 6.03%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 5.77%.
RETURN ON INVESTED CAPITAL (ROIC)
5.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.48%
CURRENT VS TTM AVG
-4.23%
CURRENT VS 3Y AVG
-4.83%
CURRENT VS 5Y AVG
-19.41%
CURRENT VS 10Y AVG
-24.63%
CURRENT VS 15Y AVG
-23.71%
CURRENT VS 20Y AVG
-22.88%
SECTOR MEDIAN · REAL ESTATE
4.89%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+18.03%
vs the sector median at left
CBRE Group, Inc.
Market Cap
$39.02B
Return on Invested Capital (ROIC)
5.77%
TTM Avg
6.03%
3Y Avg
6.06%
5Y Avg
7.16%
Market Cap
$42.12B
Return on Invested Capital (ROIC)
2.81%
TTM Avg
2.95%
3Y Avg
2.44%
5Y Avg
2.34%
Market Cap
$33.14B
Return on Invested Capital (ROIC)
6.34%
TTM Avg
5.03%
3Y Avg
5.38%
5Y Avg
5.55%
Market Cap
$29.65B
Return on Invested Capital (ROIC)
9.63%
TTM Avg
-1.28%
3Y Avg
2.57%
5Y Avg
3.42%
Market Cap
$28.17B
Return on Invested Capital (ROIC)
5.09%
TTM Avg
4.69%
3Y Avg
5.55%
5Y Avg
6.42%
Market Cap
$51.79B
Return on Invested Capital (ROIC)
N/A
TTM Avg
2.69%
3Y Avg
2.70%
5Y Avg
2.77%
Market Cap
$25.90B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
7.92%
3Y Avg
6.99%
5Y Avg
6.96%
Market Cap
$53.70B
Return on Invested Capital (ROIC)
11.74%
TTM Avg
11.48%
3Y Avg
11.91%
5Y Avg
11.67%
Market Cap
$23.87B
Return on Invested Capital (ROIC)
4.45%
TTM Avg
7.17%
3Y Avg
7.96%
5Y Avg
7.76%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CBRE Group, Inc. (CBRE) | $39.02B | 5.77% | 6.03% | 6.06% | 7.16% |
| Ventas, Inc. (VTR)vs › | $42.12B | 2.81% | 2.95% | 2.44% | 2.34% |
| Iron Mountain Incorporated (IRM)vs › | $33.14B | 6.34% | 5.03% | 5.38% | 5.55% |
| Crown Castle Inc. (CCI)vs › | $29.65B | 9.63% | -1.28% | 2.57% | 3.42% |
| Extra Space Storage Inc. (EXR)vs › | $28.17B | 5.09% | 4.69% | 5.55% | 6.42% |
| Realty Income Corporation (O)vs › | $51.79B | N/A | 2.69% | 2.70% | 2.77% |
| VICI Properties Inc. (VICI)vs › | $25.90B | 7.64% | 7.92% | 6.99% | 6.96% |
| Public Storage (PSA)vs › | $53.70B | 11.74% | 11.48% | 11.91% | 11.67% |
| Equity Residential (EQR)vs › | $23.87B | 4.45% | 7.17% | 7.96% | 7.76% |
| SBA Communications Corporation (SBAC)vs › | $17.62B | 11.87% | 11.46% | 9.98% | 9.22% |
ROIC
5.8%
ROE
15.5%
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 | 5.77% |
| 2026-03-31 | 5.87% |
| 2025-12-31 | 5.12% |
| 2025-09-30 | 6.90% |
| 2025-06-30 | 6.48% |
| 2025-03-31 | 6.30% |
| 2024-12-31 | 7.49% |
| 2024-09-30 | 6.27% |
| 2024-06-30 | 6.22% |
| 2024-03-31 | 6.60% |
| 2023-12-31 | 5.99% |
| 2023-09-30 | 4.83% |
| 2023-06-30 | 5.01% |
| 2023-03-31 | 6.46% |
| 2022-12-31 | 9.71% |
| 2022-09-30 | 10.76% |
| 2022-06-30 | 10.82% |
| 2022-03-31 | 9.47% |
| 2021-12-31 | 8.36% |
| 2021-09-30 | 8.38% |
| 2021-06-30 | 7.59% |
| 2021-03-31 | 6.54% |
| 2020-12-31 | 6.15% |
| 2020-09-30 | 8.97% |
| 2020-06-30 | 10.06% |
| 2020-03-31 | 11.58% |
| 2019-12-31 | 11.12% |
| 2019-09-30 | 9.19% |
| 2019-06-30 | 8.09% |
| 2019-03-31 | 7.49% |
| 2018-12-31 | 9.36% |
| 2018-09-30 | 7.13% |
| 2018-06-30 | 7.25% |
| 2018-03-31 | 7.65% |
| 2017-12-31 | 8.18% |
| 2017-09-30 | 8.53% |
| 2017-06-30 | 8.55% |
| 2017-03-31 | 8.57% |
| 2016-12-31 | 7.20% |
| 2016-09-30 | 5.40% |
| 2016-06-30 | 6.56% |
| 2016-03-31 | 6.95% |
| 2015-12-31 | 6.80% |
| 2015-09-30 | 8.68% |
| 2015-06-30 | 9.93% |
| 2015-03-31 | 9.39% |
| 2014-12-31 | 10.09% |
| 2014-09-30 | 7.51% |
| 2014-06-30 | 7.27% |
| 2014-03-31 | 7.47% |
| 2013-12-31 | 7.65% |
| 2013-09-30 | 9.29% |
| 2013-06-30 | 8.89% |
| 2013-03-31 | 7.92% |
| 2012-12-31 | 6.71% |
| 2012-09-30 | 5.42% |
| 2012-06-30 | 5.29% |
| 2012-03-31 | 4.93% |
| 2011-12-31 | 4.68% |
| 2011-09-30 | 5.81% |
| 2011-06-30 | 6.81% |
| 2011-03-31 | 7.21% |
| 2010-12-31 | 6.41% |
| 2010-09-30 | 5.61% |
| 2010-06-30 | 4.55% |
| 2010-03-31 | 3.90% |
| 2009-12-31 | 5.97% |
| 2009-09-30 | -26.46% |
| 2009-06-30 | -24.52% |
| 2009-03-31 | -22.53% |
| 2008-12-31 | -22.61% |
| 2008-09-30 | 5.03% |
| 2008-06-30 | 6.94% |
| 2008-03-31 | 9.25% |
| 2007-12-31 | 10.34% |
| 2007-09-30 | 9.52% |
| 2007-06-30 | 9.09% |
| 2007-03-31 | 7.93% |
| 2006-12-31 | 8.13% |
| 2006-09-30 | 16.35% |
| 2006-06-30 | 15.58% |
| 2006-03-31 | 12.90% |
| 2005-12-31 | 11.58% |
| 2005-09-30 | 11.51% |
| 2005-06-30 | 9.72% |
| 2005-03-31 | 8.67% |
| 2004-12-31 | 6.24% |
| 2004-09-30 | 5.58% |
| 2004-06-30 | 1.15% |
| 2004-03-31 | 1.35% |
| 2003-12-31 | 2.42% |
| 2003-09-30 | 4.32% |
| 2003-06-30 | 4.46% |
