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 4.76% is 18% above its 5-year average of 4.04%, near the high end of its 5-year range (2.52%–5.65%).
As of the fiscal period ended Friday, July 31, 2026. 20.95% above its 12-month average of 3.93%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-07-31): 4.76%.
RETURN ON INVESTED CAPITAL (ROIC)
4.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.20%
CURRENT VS TTM AVG
+20.95%
CURRENT VS 3Y AVG
+21.80%
CURRENT VS 5Y AVG
+17.81%
CURRENT VS 10Y AVG
-10.02%
CURRENT VS 15Y AVG
-24.17%
CURRENT VS 20Y AVG
-23.19%
SECTOR MEDIAN · HEALTHCARE
8.75%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-45.58%
vs the sector median at left
The Cooper Companies, Inc.
Market Cap
$10.51B
Return on Invested Capital (ROIC)
4.76%
TTM Avg
3.93%
3Y Avg
3.91%
5Y Avg
4.04%
Market Cap
$10.58B
Return on Invested Capital (ROIC)
11.74%
TTM Avg
10.95%
3Y Avg
8.97%
5Y Avg
9.05%
Market Cap
$10.66B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
12.01%
3Y Avg
15.07%
5Y Avg
15.28%
Market Cap
$10.34B
Return on Invested Capital (ROIC)
-14.34%
TTM Avg
-61.05%
3Y Avg
-59.83%
5Y Avg
-54.60%
Market Cap
$10.80B
Return on Invested Capital (ROIC)
8.90%
TTM Avg
10.00%
3Y Avg
10.19%
5Y Avg
11.72%
Market Cap
$10.14B
Return on Invested Capital (ROIC)
7.29%
TTM Avg
7.04%
3Y Avg
6.95%
5Y Avg
7.54%
Market Cap
$10.07B
Return on Invested Capital (ROIC)
6.53%
TTM Avg
6.69%
3Y Avg
7.80%
5Y Avg
8.31%
Market Cap
$10.01B
Return on Invested Capital (ROIC)
10.49%
TTM Avg
5.87%
3Y Avg
5.79%
5Y Avg
6.13%
Market Cap
$9.94B
Return on Invested Capital (ROIC)
1.54%
TTM Avg
2.53%
3Y Avg
2.92%
5Y Avg
2.77%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Cooper Companies, Inc. (COO) | $10.51B | 4.76% | 3.93% | 3.91% | 4.04% |
| Universal Health Services, Inc. (UHS)vs › | $10.58B | 11.74% | 10.95% | 8.97% | 9.05% |
| Molina Healthcare, Inc. (MOH)vs › | $10.66B | 3.56% | 12.01% | 15.07% | 15.28% |
| Tempus AI, Inc. (TEM)vs › | $10.34B | -14.34% | -61.05% | -59.83% | -54.60% |
| Align Technology, Inc. (ALGN)vs › | $10.80B | 8.90% | 10.00% | 10.19% | 11.72% |
| The Ensign Group, Inc. (ENSG)vs › | $10.14B | 7.29% | 7.04% | 6.95% | 7.54% |
| Henry Schein, Inc. (HSIC)vs › | $10.07B | 6.53% | 6.69% | 7.80% | 8.31% |
| Globus Medical, Inc. (GMED)vs › | $10.01B | 10.49% | 5.87% | 5.79% | 6.13% |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $9.94B | 1.54% | 2.53% | 2.92% | 2.77% |
| Bio-Techne Corporation (TECH)vs › | $11.29B | 7.86% | 5.36% | 7.03% | 8.47% |
ROIC
4.8%
ROE
6.8%
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) |
|---|---|
| 2026-07-31 | 4.76% |
| 2026-04-30 | 2.52% |
| 2026-01-31 | 4.13% |
| 2025-10-31 | 3.98% |
| 2025-07-31 | 4.28% |
| 2025-04-30 | 4.35% |
| 2025-01-31 | 4.40% |
| 2024-10-31 | 4.20% |
| 2024-07-31 | 3.97% |
| 2024-04-30 | 3.87% |
| 2024-01-31 | 3.42% |
| 2023-10-31 | 3.54% |
| 2023-07-31 | 3.38% |
| 2023-04-30 | 3.52% |
| 2023-01-31 | 3.88% |
| 2022-10-31 | 3.89% |
| 2022-07-31 | 4.08% |
| 2022-04-30 | 4.46% |
| 2022-01-31 | 4.61% |
| 2021-10-31 | 5.65% |
| 2021-07-31 | 5.31% |
| 2021-04-30 | 5.32% |
| 2021-01-31 | 4.00% |
| 2020-10-31 | 4.54% |
| 2020-07-31 | 5.36% |
| 2020-04-30 | 6.73% |
| 2020-01-31 | 8.57% |
| 2019-10-31 | 9.33% |
| 2019-07-31 | 8.91% |
| 2019-04-30 | 8.68% |
| 2019-01-31 | 7.30% |
| 2018-10-31 | 3.95% |
| 2018-07-31 | 3.66% |
| 2018-04-30 | 3.54% |
| 2018-01-31 | 4.01% |
| 2017-10-31 | 9.06% |
| 2017-07-31 | 8.36% |
| 2017-04-30 | 8.10% |
| 2017-01-31 | 7.54% |
| 2016-10-31 | 7.23% |
| 2016-07-31 | 6.48% |
| 2016-04-30 | 5.41% |
| 2016-01-31 | 5.29% |
| 2015-10-31 | 5.44% |
| 2015-07-31 | 5.28% |
| 2015-04-30 | 6.29% |
| 2015-01-31 | 6.76% |
| 2014-10-31 | 6.82% |
| 2014-07-31 | 9.75% |
| 2014-04-30 | 10.18% |
| 2014-01-31 | 10.44% |
| 2013-10-31 | 10.17% |
| 2013-07-31 | 10.82% |
| 2013-04-30 | 10.22% |
| 2013-01-31 | 9.46% |
| 2012-10-31 | 9.46% |
| 2012-07-31 | 9.23% |
| 2012-04-30 | 9.03% |
| 2012-01-31 | 8.94% |
| 2011-10-31 | 8.59% |
| 2011-07-31 | 8.40% |
| 2011-04-30 | 8.32% |
| 2011-01-31 | 7.86% |
| 2010-10-31 | 7.34% |
| 2010-07-31 | 6.80% |
| 2010-04-30 | 6.18% |
| 2010-01-31 | 5.77% |
| 2009-10-31 | 5.50% |
| 2009-07-31 | 5.56% |
| 2009-04-30 | 5.54% |
| 2009-01-31 | 5.12% |
| 2008-10-31 | 4.59% |
| 2008-07-31 | 1.68% |
| 2008-04-30 | 1.54% |
| 2008-01-31 | 1.15% |
| 2007-10-31 | 1.09% |
| 2007-07-31 | 2.54% |
| 2007-04-30 | 3.15% |
| 2007-01-31 | 12.37% |
| 2006-10-31 | 14.07% |
| 2006-07-31 | 12.83% |
| 2006-04-30 | 14.74% |
| 2006-01-31 | 5.82% |
| 2005-10-31 | 5.63% |
| 2005-07-31 | 6.45% |
| 2005-04-30 | 5.51% |
| 2005-01-31 | 5.00% |
| 2004-10-31 | 13.46% |
| 2004-07-31 | 13.06% |
| 2004-04-30 | 12.63% |
| 2004-01-31 | 11.96% |
| 2003-10-31 | 11.91% |
| 2003-07-31 | 11.92% |