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 15.14% is 64% above its 5-year average of 9.24%, near the high end of its 5-year range (-5.62%–15.14%).
As of the fiscal period ended Saturday, August 1, 2026. 28.13% above its 12-month average of 11.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-08-01): 15.14%.
RETURN ON INVESTED CAPITAL (ROIC)
15.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.51%
CURRENT VS TTM AVG
+28.13%
CURRENT VS 3Y AVG
+185.18%
CURRENT VS 5Y AVG
+63.94%
CURRENT VS 10Y AVG
+60.31%
CURRENT VS 15Y AVG
+54.61%
CURRENT VS 20Y AVG
+20.99%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+84.98%
vs the sector median at left
Dollar Tree, Inc.
Market Cap
$22.13B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
11.82%
3Y Avg
5.31%
5Y Avg
9.24%
Market Cap
$22.28B
Return on Invested Capital (ROIC)
10.83%
TTM Avg
9.71%
3Y Avg
9.28%
5Y Avg
10.44%
Market Cap
$21.05B
Return on Invested Capital (ROIC)
10.85%
TTM Avg
14.39%
3Y Avg
11.61%
5Y Avg
10.32%
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
$19.29B
Return on Invested Capital (ROIC)
8.33%
TTM Avg
6.26%
3Y Avg
8.86%
5Y Avg
9.72%
Market Cap
$18.81B
Return on Invested Capital (ROIC)
3.32%
TTM Avg
3.16%
3Y Avg
3.97%
5Y Avg
5.70%
Market Cap
$27.81B
Return on Invested Capital (ROIC)
7.47%
TTM Avg
6.23%
3Y Avg
7.83%
5Y Avg
8.74%
Market Cap
$28.43B
Return on Invested Capital (ROIC)
-4.94%
TTM Avg
-2.08%
3Y Avg
0.92%
5Y Avg
1.22%
Market Cap
$13.40B
Return on Invested Capital (ROIC)
6.16%
TTM Avg
7.89%
3Y Avg
7.26%
5Y Avg
7.39%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dollar Tree, Inc. (DLTR) | $22.13B | 15.14% | 11.82% | 5.31% | 9.24% |
| Church & Dwight Co., Inc. (CHD)vs › | $22.28B | 10.83% | 9.71% | 9.28% | 10.44% |
| Constellation Brands, Inc. (STZ)vs › | $21.05B | 10.85% | 14.39% | 11.61% | 10.32% |
| Bunge Global S.A. (BG)vs › | $23.61B | 5.82% | 4.71% | 8.46% | 8.82% |
| General Mills, Inc. (GIS)vs › | $19.29B | 8.33% | 6.26% | 8.86% | 9.72% |
| Tyson Foods, Inc. (TSN)vs › | $18.81B | 3.32% | 3.16% | 3.97% | 5.70% |
| Dollar General Corporation (DG)vs › | $27.81B | 7.47% | 6.23% | 7.83% | 8.74% |
| The Kraft Heinz Company (KHC)vs › | $28.43B | -4.94% | -2.08% | 0.92% | 1.22% |
| McCormick & Company, Incorporated (MKC)vs › | $13.40B | 6.16% | 7.89% | 7.26% | 7.39% |
| The J. M. Smucker Company (SJM)vs › | $12.87B | 6.96% | 2.54% | 2.92% | 4.02% |
ROIC
15.1%
ROE
47.1%
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) |
|---|---|
| 2026-08-01 | 15.14% |
| 2026-05-02 | 10.93% |
| 2026-01-31 | 11.74% |
| 2025-11-01 | 10.49% |
| 2025-08-02 | 10.78% |
| 2025-05-03 | 9.84% |
| 2025-02-01 | 9.87% |
| 2024-11-02 | -5.43% |
| 2024-08-03 | -5.62% |
| 2024-05-04 | -5.30% |
| 2024-02-03 | -5.09% |
| 2023-10-28 | 6.36% |
| 2023-07-29 | 6.76% |
| 2023-04-29 | 7.74% |
| 2023-01-28 | 9.11% |
| 2022-10-29 | 9.47% |
| 2022-07-30 | 9.35% |
| 2022-04-30 | 9.04% |
| 2022-01-29 | 8.40% |
| 2021-10-30 | 8.66% |
| 2021-07-31 | 9.55% |
| 2021-05-01 | 9.20% |
| 2021-01-30 | 8.58% |
| 2020-10-31 | 6.36% |
| 2020-08-01 | 5.85% |
| 2020-05-02 | 5.45% |
| 2020-02-01 | 5.84% |
| 2019-11-02 | -6.96% |
| 2019-08-03 | -6.84% |
| 2019-05-04 | -6.10% |
| 2019-02-02 | -8.24% |
| 2018-11-03 | 13.60% |
| 2018-08-04 | 14.17% |
| 2018-05-05 | 14.72% |
| 2018-02-03 | 13.89% |
| 2017-10-28 | 8.66% |
| 2017-07-29 | 8.65% |
| 2017-04-29 | 8.02% |
| 2017-01-28 | 8.36% |
| 2016-10-29 | 7.66% |
| 2016-07-30 | 6.87% |
| 2016-04-30 | 5.89% |
| 2016-01-30 | 4.75% |
| 2015-10-31 | 4.10% |
| 2015-08-01 | 4.06% |
| 2015-05-02 | 6.64% |
| 2015-01-31 | 24.15% |
| 2014-11-01 | 25.12% |
| 2014-08-02 | 26.13% |
| 2014-05-03 | 27.58% |
| 2014-02-01 | 28.92% |
| 2013-11-02 | 29.16% |
| 2013-08-03 | 27.09% |
| 2013-05-04 | 27.95% |
| 2013-02-02 | 27.85% |
| 2012-10-27 | 27.93% |
| 2012-07-28 | 27.56% |
| 2012-04-28 | 30.86% |
| 2012-01-28 | 27.79% |
| 2011-10-29 | 24.98% |
| 2011-07-30 | 22.54% |
| 2011-04-30 | 22.96% |
| 2011-01-29 | 21.32% |
| 2010-10-30 | 20.44% |
| 2010-07-31 | 19.58% |
| 2010-05-01 | 19.31% |
| 2010-01-30 | 17.68% |
| 2009-10-31 | 16.98% |
| 2009-08-01 | 15.72% |
| 2009-05-02 | 14.91% |
| 2009-01-31 | 14.23% |
| 2008-11-01 | 14.73% |
| 2008-08-02 | 14.86% |
| 2008-05-03 | 15.05% |
| 2008-02-02 | 14.85% |
| 2007-11-03 | 14.48% |
| 2007-08-04 | 14.06% |
| 2007-05-05 | 13.92% |
| 2007-02-03 | 13.06% |
| 2006-10-28 | 12.38% |
| 2006-07-29 | 12.63% |
| 2006-04-29 | 12.07% |
| 2005-06-30 | 12.46% |
| 2005-01-29 | 12.10% |
| 2004-10-30 | 12.63% |
| 2003-12-31 | 15.16% |
| 2003-08-02 | 14.84% |
