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 34.54% is 19% above its 5-year average of 29.03%, near the high end of its 5-year range (23.01%–34.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.76% above its 12-month average of 33.94%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 34.54%.
RETURN ON INVESTED CAPITAL (ROIC)
34.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
33.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
31.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
29.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
23.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
19.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
20.23%
CURRENT VS TTM AVG
+1.76%
CURRENT VS 3Y AVG
+9.86%
CURRENT VS 5Y AVG
+19.00%
CURRENT VS 10Y AVG
+44.45%
CURRENT VS 15Y AVG
+73.97%
CURRENT VS 20Y AVG
+70.72%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+214.73%
vs the sector median at left
Deckers Outdoor Corporation
Market Cap
$10.68B
Return on Invested Capital (ROIC)
34.54%
TTM Avg
33.94%
3Y Avg
31.44%
5Y Avg
29.03%
Market Cap
$10.79B
Return on Invested Capital (ROIC)
-6.69%
TTM Avg
-11.74%
3Y Avg
-27.64%
5Y Avg
-31.58%
Market Cap
$10.35B
Return on Invested Capital (ROIC)
7.22%
TTM Avg
11.53%
3Y Avg
12.86%
5Y Avg
15.18%
Market Cap
$11.14B
Return on Invested Capital (ROIC)
20.81%
TTM Avg
26.66%
3Y Avg
27.05%
5Y Avg
25.88%
Market Cap
$10.16B
Return on Invested Capital (ROIC)
3.84%
TTM Avg
1.21%
3Y Avg
-4.03%
5Y Avg
-8.65%
Market Cap
$9.73B
Return on Invested Capital (ROIC)
64.75%
TTM Avg
56.27%
3Y Avg
55.19%
5Y Avg
55.86%
Market Cap
$9.72B
Return on Invested Capital (ROIC)
17.90%
TTM Avg
15.42%
3Y Avg
17.82%
5Y Avg
17.34%
Market Cap
$9.51B
Return on Invested Capital (ROIC)
2.70%
TTM Avg
3.15%
3Y Avg
3.12%
5Y Avg
2.59%
Market Cap
$9.22B
Return on Invested Capital (ROIC)
3.53%
TTM Avg
6.64%
3Y Avg
7.08%
5Y Avg
7.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Deckers Outdoor Corporation (DECK) | $10.68B | 34.54% | 33.94% | 31.44% | 29.03% |
| DraftKings Inc. (DKNG)vs › | $10.79B | -6.69% | -11.74% | -27.64% | -31.58% |
| DICK'S Sporting Goods, Inc. (DKS)vs › | $10.35B | 7.22% | 11.53% | 12.86% | 15.18% |
| Lululemon Athletica Inc. (LULU)vs › | $11.14B | 20.81% | 26.66% | 27.05% | 25.88% |
| GameStop Corp. (GME)vs › | $10.16B | 3.84% | 1.21% | -4.03% | -8.65% |
| Domino's Pizza, Inc. (DPZ)vs › | $9.73B | 64.75% | 56.27% | 55.19% | 55.86% |
| Murphy USA Inc. (MUSA)vs › | $9.72B | 17.90% | 15.42% | 17.82% | 17.34% |
| MGM Resorts International (MGM)vs › | $9.51B | 2.70% | 3.15% | 3.12% | 2.59% |
| Aptiv PLC (APTV)vs › | $9.22B | 3.53% | 6.64% | 7.08% | 7.04% |
| NIO Inc. (NIO)vs › | $9.08B | -6.44% | -33.56% | -31.96% | -24.34% |
ROIC
34.5%
ROE
44.1%
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) |
|---|---|
| 2026-06-30 | 34.54% |
| 2026-03-31 | 33.81% |
| 2025-12-31 | 33.55% |
| 2025-09-30 | 34.19% |
| 2025-06-30 | 33.62% |
| 2025-03-31 | 32.72% |
| 2024-12-31 | 30.38% |
| 2024-09-30 | 32.82% |
| 2024-06-30 | 32.06% |
| 2024-03-31 | 29.79% |
| 2023-12-31 | 28.61% |
| 2023-09-30 | 28.14% |
| 2023-06-30 | 24.50% |
| 2023-03-31 | 24.60% |
| 2022-12-31 | 24.55% |
| 2022-09-30 | 25.68% |
| 2022-06-30 | 26.15% |
| 2022-03-31 | 25.24% |
| 2021-12-31 | 23.01% |
| 2021-09-30 | 25.53% |
| 2021-06-30 | 26.06% |
| 2021-03-31 | 22.63% |
| 2020-12-31 | 20.15% |
| 2020-09-30 | 20.01% |
| 2020-06-30 | 19.74% |
| 2020-03-31 | 18.70% |
| 2019-12-31 | 19.58% |
| 2019-09-30 | 22.25% |
| 2019-06-30 | 20.83% |
| 2019-03-31 | 22.34% |
| 2018-12-31 | 22.77% |
| 2018-09-30 | 14.46% |
| 2018-06-30 | 12.75% |
| 2018-03-31 | 11.38% |
| 2017-12-31 | 8.17% |
| 2017-09-30 | 2.84% |
| 2017-06-30 | 2.04% |
| 2017-03-31 | -0.19% |
| 2016-12-31 | 0.10% |
| 2016-09-30 | 9.01% |
| 2016-06-30 | 10.44% |
| 2016-03-31 | 11.41% |
| 2015-12-31 | 13.54% |
| 2015-09-30 | 11.97% |
| 2015-06-30 | 16.11% |
| 2015-03-31 | 16.29% |
| 2014-12-31 | 14.24% |
| 2014-09-30 | 12.72% |
| 2014-06-30 | 14.90% |
| 2014-03-31 | 15.16% |
| 2013-12-31 | 15.53% |
| 2013-09-30 | 10.07% |
| 2013-06-30 | 14.63% |
| 2013-03-31 | 15.54% |
| 2012-12-31 | 15.71% |
| 2012-09-30 | 15.57% |
| 2012-06-30 | 22.81% |
| 2012-03-31 | 21.42% |
| 2011-12-31 | 22.05% |
| 2011-09-30 | 19.97% |
| 2011-06-30 | 21.93% |
| 2011-03-31 | 23.55% |
| 2010-12-31 | 24.05% |
| 2010-09-30 | 23.94% |
| 2010-06-30 | 24.23% |
| 2010-03-31 | 23.47% |
| 2009-12-31 | 23.22% |
| 2009-09-30 | 20.45% |
| 2009-06-30 | 19.40% |
| 2009-03-31 | 18.19% |
| 2008-12-31 | 18.45% |
| 2008-09-30 | 19.15% |
| 2008-06-30 | 18.85% |
| 2008-03-31 | 20.66% |
| 2007-12-31 | 21.34% |
| 2007-09-30 | 16.11% |
| 2007-06-30 | 14.28% |
| 2007-03-31 | 14.88% |
| 2006-12-31 | 14.19% |
| 2006-09-30 | 14.46% |
| 2006-06-30 | 14.38% |
| 2006-03-31 | 14.99% |
| 2005-12-31 | 17.52% |
| 2005-09-30 | 16.31% |
| 2005-06-30 | 16.99% |
| 2005-03-31 | 19.32% |
| 2004-12-31 | 18.77% |
| 2004-09-30 | 16.88% |
| 2004-06-30 | 13.77% |
| 2004-03-31 | 12.70% |
| 2003-12-31 | 11.79% |
| 2003-09-30 | 9.62% |
| 2003-06-30 | 6.45% |
