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 7.47% is 13% below its 5-year average of 8.55%, near the low end of its 5-year range (5.41%–12.73%).
As of the fiscal period ended Friday, July 31, 2026. 12.66% above its 12-month average of 6.63%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
7.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.44%
CURRENT VS TTM AVG
+12.66%
CURRENT VS 3Y AVG
+11.52%
CURRENT VS 5Y AVG
-12.66%
CURRENT VS 10Y AVG
-32.19%
CURRENT VS 15Y AVG
-33.92%
CURRENT VS 20Y AVG
-28.46%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-8.73%
vs the sector median at left
Dollar General Corporation
Market Cap
$28.19B
Return on Invested Capital (ROIC)
7.47%
TTM Avg
6.63%
3Y Avg
6.70%
5Y Avg
8.55%
Market Cap
$29.54B
Return on Invested Capital (ROIC)
-4.94%
TTM Avg
-2.08%
3Y Avg
0.92%
5Y Avg
1.22%
Market Cap
$23.90B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
10.85%
3Y Avg
9.83%
5Y Avg
9.28%
Market Cap
$23.61B
Return on Invested Capital (ROIC)
5.82%
TTM Avg
4.71%
3Y Avg
8.46%
5Y Avg
8.82%
Market Cap
$22.97B
Return on Invested Capital (ROIC)
10.83%
TTM Avg
9.71%
3Y Avg
9.28%
5Y Avg
10.44%
Market Cap
$34.34B
Return on Invested Capital (ROIC)
12.46%
TTM Avg
21.85%
3Y Avg
19.83%
5Y Avg
19.76%
Market Cap
$34.87B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
6.54%
3Y Avg
6.65%
5Y Avg
7.59%
Market Cap
$35.38B
Return on Invested Capital (ROIC)
15.00%
TTM Avg
16.41%
3Y Avg
19.05%
5Y Avg
19.14%
Market Cap
$35.45B
Return on Invested Capital (ROIC)
10.07%
TTM Avg
7.53%
3Y Avg
8.08%
5Y Avg
6.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dollar General Corporation (DG) | $28.19B | 7.47% | 6.63% | 6.70% | 8.55% |
| The Kraft Heinz Company (KHC)vs › | $29.54B | -4.94% | -2.08% | 0.92% | 1.22% |
| Dollar Tree, Inc. (DLTR)vs › | $23.90B | 15.14% | 10.85% | 9.83% | 9.28% |
| Bunge Global S.A. (BG)vs › | $23.61B | 5.82% | 4.71% | 8.46% | 8.82% |
| Church & Dwight Co., Inc. (CHD)vs › | $22.97B | 10.83% | 9.71% | 9.28% | 10.44% |
| Kimberly-Clark Corporation (KMB)vs › | $34.34B | 12.46% | 21.85% | 19.83% | 19.76% |
| The Kroger Co. (KR)vs › | $34.87B | 4.89% | 6.54% | 6.65% | 7.59% |
| The Hershey Company (HSY)vs › | $35.38B | 15.00% | 16.41% | 19.05% | 19.14% |
| Kenvue Inc. (KVUE)vs › | $35.45B | 10.07% | 7.53% | 8.08% | 6.08% |
| Constellation Brands, Inc. (STZ)vs › | $20.65B | 10.85% | 14.39% | 11.61% | 10.32% |
ROIC
7.5%
ROE
18.3%
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 | 7.47% |
| 2026-05-01 | 7.09% |
| 2026-01-30 | 7.06% |
| 2025-10-31 | 5.97% |
| 2025-08-01 | 5.57% |
| 2025-05-02 | 5.54% |
| 2025-01-31 | 5.41% |
| 2024-11-01 | 6.27% |
| 2024-08-02 | 6.49% |
| 2024-05-03 | 6.99% |
| 2024-02-02 | 7.72% |
| 2023-11-03 | 8.83% |
| 2023-08-04 | 9.84% |
| 2023-05-05 | 10.75% |
| 2023-02-03 | 11.12% |
| 2022-10-28 | 11.07% |
| 2022-07-29 | 11.31% |
| 2022-04-29 | 11.47% |
| 2022-01-28 | 12.40% |
| 2021-10-29 | 12.73% |
| 2021-07-30 | 13.28% |
| 2021-04-30 | 14.09% |
| 2021-01-29 | 13.76% |
| 2020-10-30 | 13.09% |
| 2020-07-31 | 11.90% |
| 2020-05-01 | 10.29% |
| 2020-01-31 | 9.80% |
| 2019-11-01 | 9.71% |
| 2019-08-02 | 9.70% |
| 2019-05-03 | 9.74% |
| 2019-02-01 | 16.38% |
| 2018-11-02 | 18.83% |
| 2018-08-03 | 18.19% |
| 2018-05-04 | 17.11% |
| 2018-02-02 | 16.28% |
| 2017-11-03 | 13.27% |
| 2017-08-04 | 13.26% |
| 2017-05-05 | 13.68% |
| 2017-02-03 | 13.75% |
| 2016-10-28 | 13.47% |
| 2016-07-29 | 13.73% |
| 2016-04-29 | 13.58% |
| 2016-01-29 | 13.17% |
| 2015-10-30 | 12.89% |
| 2015-07-31 | 12.92% |
| 2015-05-01 | 12.82% |
| 2015-01-30 | 12.03% |
| 2014-10-31 | 12.13% |
| 2014-08-01 | 12.16% |
| 2014-05-02 | 12.24% |
| 2014-01-31 | 11.97% |
| 2013-11-01 | 12.04% |
| 2013-08-02 | 11.87% |
| 2013-05-03 | 11.95% |
| 2013-02-01 | 12.20% |
| 2012-11-02 | 11.98% |
| 2012-08-03 | 11.71% |
| 2012-05-04 | 11.61% |
| 2012-02-03 | 11.40% |
| 2011-10-28 | 10.79% |
| 2011-07-29 | 10.78% |
| 2011-04-29 | 9.96% |
| 2011-01-28 | 9.93% |
| 2010-10-29 | 9.03% |
| 2010-07-30 | 8.50% |
| 2010-04-30 | 8.08% |
| 2010-01-29 | 7.65% |
| 2009-10-30 | 7.05% |
| 2009-07-31 | 5.88% |
| 2009-05-01 | 5.12% |
| 2009-01-30 | 4.12% |
| 2008-10-31 | 3.86% |
| 2008-08-01 | 3.99% |
| 2008-05-02 | 4.03% |
| 2008-02-01 | 3.27% |
| 2007-05-04 | 6.10% |
| 2007-02-02 | 7.01% |
| 2006-11-03 | 11.04% |
| 2006-08-04 | 13.69% |
| 2006-05-05 | 16.48% |
| 2006-02-03 | 17.58% |
| 2005-10-28 | 17.24% |
| 2005-07-29 | 18.10% |
| 2005-04-29 | 17.10% |
| 2005-01-28 | 17.68% |
| 2004-10-29 | 16.44% |
| 2004-07-30 | 17.75% |
| 2004-04-30 | 17.76% |
| 2004-01-30 | 16.94% |
| 2003-10-31 | 17.79% |
| 2003-08-01 | 18.38% |
