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 13.11% is in line with its 5-year average of 12.14%, near the high end of its 5-year range (7.37%–13.19%).
As of the fiscal period ended Sunday, May 31, 2026. 6.65% above its 12-month average of 12.29%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-05-31): 13.11%.
RETURN ON INVESTED CAPITAL (ROIC)
13.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.81%
CURRENT VS TTM AVG
+6.65%
CURRENT VS 3Y AVG
+8.34%
CURRENT VS 5Y AVG
+8.02%
CURRENT VS 10Y AVG
+6.13%
CURRENT VS 15Y AVG
+14.91%
CURRENT VS 20Y AVG
+10.98%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+19.48%
vs the sector median at left
Darden Restaurants, Inc.
Market Cap
$23.67B
Return on Invested Capital (ROIC)
13.11%
TTM Avg
12.29%
3Y Avg
12.10%
5Y Avg
12.14%
Market Cap
$23.52B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
18.43%
3Y Avg
14.01%
5Y Avg
14.11%
Market Cap
$23.86B
Return on Invested Capital (ROIC)
2.90%
TTM Avg
2.54%
3Y Avg
6.05%
5Y Avg
6.90%
Market Cap
$23.45B
Return on Invested Capital (ROIC)
31.15%
TTM Avg
19.06%
3Y Avg
15.55%
5Y Avg
15.27%
Market Cap
$23.37B
Return on Invested Capital (ROIC)
23.11%
TTM Avg
24.69%
3Y Avg
26.34%
5Y Avg
27.55%
Market Cap
$22.93B
Return on Invested Capital (ROIC)
11.61%
TTM Avg
17.02%
3Y Avg
18.63%
5Y Avg
18.01%
Market Cap
$22.48B
Return on Invested Capital (ROIC)
10.25%
TTM Avg
9.22%
3Y Avg
9.50%
5Y Avg
9.23%
Market Cap
$25.43B
Return on Invested Capital (ROIC)
9.92%
TTM Avg
7.77%
3Y Avg
8.57%
5Y Avg
8.08%
Market Cap
$25.78B
Return on Invested Capital (ROIC)
30.09%
TTM Avg
31.32%
3Y Avg
30.00%
5Y Avg
33.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Darden Restaurants, Inc. (DRI) | $23.67B | 13.11% | 12.29% | 12.10% | 12.14% |
| SharkNinja, Inc. (SN)vs › | $23.52B | 19.68% | 18.43% | 14.01% | 14.11% |
| Smurfit Westrock plc (SW)vs › | $23.86B | 2.90% | 2.54% | 6.05% | 6.90% |
| Tapestry, Inc. (TPR)vs › | $23.45B | 31.15% | 19.06% | 15.55% | 15.27% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.37B | 23.11% | 24.69% | 26.34% | 27.55% |
| PulteGroup, Inc. (PHM)vs › | $22.93B | 11.61% | 17.02% | 18.63% | 18.01% |
| Casey's General Stores, Inc. (CASY)vs › | $22.48B | 10.25% | 9.22% | 9.50% | 9.23% |
| Restaurant Brands International Inc. (QSR)vs › | $25.43B | 9.92% | 7.77% | 8.57% | 8.08% |
| Williams-Sonoma, Inc. (WSM)vs › | $25.78B | 30.09% | 31.32% | 30.00% | 33.34% |
| Las Vegas Sands Corp. (LVS)vs › | $26.34B | 16.96% | 13.03% | 8.02% | 3.41% |
ROIC
13.1%
ROE
54.7%
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) |
|---|---|
| 2026-05-31 | 13.11% |
| 2026-02-22 | 12.36% |
| 2025-11-23 | 11.99% |
| 2025-08-24 | 11.72% |
| 2025-05-25 | 11.66% |
| 2025-02-23 | 11.61% |
| 2024-11-24 | 11.39% |
| 2024-08-25 | 12.57% |
| 2024-05-26 | 12.43% |
| 2024-02-25 | 12.41% |
| 2023-11-26 | 11.89% |
| 2023-08-27 | 11.49% |
| 2023-05-31 | 12.70% |
| 2023-02-26 | 12.52% |
| 2022-11-27 | 11.94% |
| 2022-08-28 | 11.96% |
| 2022-05-31 | 12.23% |
| 2022-02-27 | 13.19% |
| 2021-11-28 | 11.46% |
| 2021-08-29 | 9.89% |
| 2021-05-31 | 7.37% |
| 2021-02-28 | -3.16% |
| 2020-11-29 | -1.63% |
| 2020-08-30 | -1.18% |
| 2020-05-31 | 0.57% |
| 2020-02-23 | 10.05% |
| 2019-11-24 | 10.08% |
| 2019-08-25 | 9.36% |
| 2019-05-31 | 17.31% |
| 2019-02-24 | 17.17% |
| 2018-11-25 | 19.02% |
| 2018-08-26 | 18.73% |
| 2018-05-31 | 18.71% |
| 2018-02-25 | 17.51% |
| 2017-11-26 | 13.35% |
| 2017-08-27 | 13.30% |
| 2017-05-31 | 12.17% |
| 2017-02-26 | 15.28% |
| 2016-11-27 | 15.88% |
| 2016-08-28 | 15.97% |
| 2016-05-31 | 14.66% |
| 2016-02-28 | 15.23% |
| 2015-11-29 | 11.59% |
| 2015-08-30 | 8.15% |
| 2015-05-31 | 7.87% |
| 2015-02-22 | 6.11% |
| 2014-11-23 | 5.25% |
| 2014-08-24 | 6.30% |
| 2014-05-31 | 5.41% |
| 2014-02-23 | 6.69% |
| 2013-11-24 | 7.26% |
| 2013-08-25 | 7.86% |
| 2013-05-31 | 9.00% |
| 2013-02-24 | 9.26% |
| 2012-11-25 | 9.67% |
| 2012-08-26 | 11.82% |
| 2012-05-31 | 11.55% |
| 2012-02-26 | 11.52% |
| 2011-11-27 | 10.88% |
| 2011-08-28 | 12.14% |
| 2011-05-31 | 12.63% |
| 2011-02-27 | 12.62% |
| 2010-11-28 | 12.12% |
| 2010-08-29 | 12.38% |
| 2010-05-31 | 11.31% |
| 2010-02-28 | 11.72% |
| 2009-11-29 | 11.11% |
| 2009-08-30 | 11.18% |
| 2009-05-31 | 11.02% |
| 2009-02-22 | 10.72% |
| 2008-11-23 | 10.82% |
| 2008-08-24 | 10.92% |
| 2008-05-31 | 11.43% |
| 2008-02-24 | 11.31% |
| 2007-11-25 | 10.73% |
| 2007-08-26 | 20.18% |
| 2007-05-31 | 20.52% |
| 2007-02-25 | 17.74% |
| 2006-11-26 | 16.65% |
| 2006-08-27 | 16.71% |
| 2006-05-31 | 16.96% |
| 2006-02-26 | 16.39% |
| 2005-11-27 | 15.03% |
| 2005-08-28 | 13.52% |
| 2005-05-31 | 14.60% |
| 2005-02-27 | 13.15% |
| 2004-11-28 | 12.57% |
| 2004-08-29 | 12.24% |
| 2004-05-31 | 12.28% |
| 2004-02-22 | 12.40% |
| 2003-11-23 | 11.43% |
| 2003-08-24 | 12.35% |
| 2003-05-31 | 12.88% |
