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 6.12% is in line with its 5-year average of 6.29%, around the middle of its 5-year range (3.33%–8.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.19% below its 12-month average of 6.74%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.79%
CURRENT VS TTM AVG
-9.19%
CURRENT VS 3Y AVG
-16.85%
CURRENT VS 5Y AVG
-2.71%
CURRENT VS 10Y AVG
-9.02%
CURRENT VS 15Y AVG
-6.32%
CURRENT VS 20Y AVG
+5.65%
SECTOR MEDIAN · COMMUNICATION SERVICES
6.70%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
-8.65%
vs the sector median at left
Comcast Corporation
Market Cap
$92.97B
Return on Invested Capital (ROIC)
6.12%
TTM Avg
6.74%
3Y Avg
7.36%
5Y Avg
6.29%
Market Cap
$87.54B
Return on Invested Capital (ROIC)
7.28%
TTM Avg
2.50%
3Y Avg
-4.58%
5Y Avg
-5.91%
Market Cap
$108.90B
Return on Invested Capital (ROIC)
29.12%
TTM Avg
18.19%
3Y Avg
2.45%
5Y Avg
0.43%
Market Cap
$70.50B
Return on Invested Capital (ROIC)
2.34%
TTM Avg
-5.07%
3Y Avg
-4.44%
5Y Avg
-1.01%
Market Cap
$39.83B
Return on Invested Capital (ROIC)
3.73%
TTM Avg
7.85%
3Y Avg
7.53%
5Y Avg
0.14%
Market Cap
$28.85B
Return on Invested Capital (ROIC)
23.61%
TTM Avg
-5.53%
3Y Avg
-8.04%
5Y Avg
-8.91%
Market Cap
$28.43B
Return on Invested Capital (ROIC)
12.80%
TTM Avg
12.36%
3Y Avg
11.09%
5Y Avg
10.65%
Market Cap
$25.07B
Return on Invested Capital (ROIC)
2.83%
TTM Avg
-0.39%
3Y Avg
0.46%
5Y Avg
8.28%
Market Cap
$22.97B
Return on Invested Capital (ROIC)
7.56%
TTM Avg
-3.63%
3Y Avg
-12.34%
5Y Avg
-7.26%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Comcast Corporation (CMCSA) | $92.97B | 6.12% | 6.74% | 7.36% | 6.29% |
| DoorDash, Inc. (DASH)vs › | $87.54B | 7.28% | 2.50% | -4.58% | -5.91% |
| Spotify Technology S.A. (SPOT)vs › | $108.90B | 29.12% | 18.19% | 2.45% | 0.43% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.50B | 2.34% | -5.07% | -4.44% | -1.01% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.83B | 3.73% | 7.85% | 7.53% | 0.14% |
| Reddit, Inc. (RDDT)vs › | $28.85B | 23.61% | -5.53% | -8.04% | -8.91% |
| Fox Corporation (FOXA)vs › | $28.43B | 12.80% | 12.36% | 11.09% | 10.65% |
| EchoStar Corporation (SATS)vs › | $25.07B | 2.83% | -0.39% | 0.46% | 8.28% |
| Roku, Inc. (ROKU)vs › | $22.97B | 7.56% | -3.63% | -12.34% | -7.26% |
| Omnicom Group Inc. (OMC)vs › | $22.32B | 7.04% | 9.14% | 10.96% | 11.24% |
ROIC
6.1%
ROE
12.5%
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 | 6.12% |
| 2026-03-31 | 6.32% |
| 2025-12-31 | 6.42% |
| 2025-09-30 | 7.38% |
| 2025-06-30 | 7.46% |
| 2025-03-31 | 8.49% |
| 2024-12-31 | 8.56% |
| 2024-09-30 | 7.28% |
| 2024-06-30 | 7.65% |
| 2024-03-31 | 7.73% |
| 2023-12-31 | 7.59% |
| 2023-09-30 | 7.34% |
| 2023-06-30 | 3.42% |
| 2023-03-31 | 3.33% |
| 2022-12-31 | 3.34% |
| 2022-09-30 | 3.45% |
| 2022-06-30 | 6.84% |
| 2022-03-31 | 6.24% |
| 2021-12-31 | 6.06% |
| 2021-09-30 | 5.78% |
| 2021-06-30 | 5.31% |
| 2021-03-31 | 5.30% |
| 2020-12-31 | 5.36% |
| 2020-09-30 | 5.89% |
| 2020-06-30 | 6.50% |
| 2020-03-31 | 6.85% |
| 2019-12-31 | 6.97% |
| 2019-09-30 | 7.00% |
| 2019-06-30 | 6.67% |
| 2019-03-31 | 6.48% |
| 2018-12-31 | 6.47% |
| 2018-09-30 | 10.10% |
| 2018-06-30 | 10.60% |
| 2018-03-31 | 10.36% |
| 2017-12-31 | 10.55% |
| 2017-09-30 | 7.06% |
| 2017-06-30 | 6.93% |
| 2017-03-31 | 6.67% |
| 2016-12-31 | 6.46% |
| 2016-09-30 | 6.38% |
| 2016-06-30 | 6.45% |
| 2016-03-31 | 6.55% |
| 2015-12-31 | 6.62% |
| 2015-09-30 | 6.87% |
| 2015-06-30 | 7.30% |
| 2015-03-31 | 7.24% |
| 2014-12-31 | 7.04% |
| 2014-09-30 | 7.05% |
| 2014-06-30 | 6.45% |
| 2014-03-31 | 6.31% |
| 2013-12-31 | 6.08% |
| 2013-09-30 | 6.11% |
| 2013-06-30 | 6.05% |
| 2013-03-31 | 5.98% |
| 2012-12-31 | 5.48% |
| 2012-09-30 | 5.35% |
| 2012-06-30 | 5.19% |
| 2012-03-31 | 4.93% |
| 2011-12-31 | 4.62% |
| 2011-09-30 | 4.14% |
| 2011-06-30 | 3.82% |
| 2011-03-31 | 3.54% |
| 2010-12-31 | 4.28% |
| 2010-09-30 | 4.43% |
| 2010-06-30 | 4.65% |
| 2010-03-31 | 4.70% |
| 2009-12-31 | 4.81% |
| 2009-09-30 | 4.78% |
| 2009-06-30 | 4.35% |
| 2009-03-31 | 4.14% |
| 2008-12-31 | 3.94% |
| 2008-09-30 | 3.60% |
| 2008-06-30 | 3.33% |
| 2008-03-31 | 3.19% |
| 2007-12-31 | 3.06% |
| 2007-09-30 | 2.96% |
| 2007-06-30 | 3.01% |
| 2007-03-31 | 2.83% |
| 2006-12-31 | 2.77% |
| 2006-09-30 | 2.41% |
| 2006-06-30 | 2.19% |
| 2006-03-31 | 2.19% |
| 2005-12-31 | 2.04% |
| 2005-09-30 | 1.95% |
| 2005-06-30 | 1.83% |
| 2005-03-31 | 1.73% |
| 2004-12-31 | 1.61% |
| 2004-09-30 | 1.76% |
| 2004-06-30 | 1.65% |
| 2004-03-31 | 1.42% |
| 2003-12-31 | 1.15% |
| 2003-09-30 | 1.68% |
| 2003-06-30 | 1.47% |
