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 4.34% is 13% below its 5-year average of 4.97%, near the low end of its 5-year range (3.52%–7.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 31.02% below its 12-month average of 6.29%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.34%.
RETURN ON INVESTED CAPITAL (ROIC)
4.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.34%
CURRENT VS TTM AVG
-31.02%
CURRENT VS 3Y AVG
-22.41%
CURRENT VS 5Y AVG
-12.71%
CURRENT VS 10Y AVG
+1.52%
CURRENT VS 15Y AVG
+16.53%
CURRENT VS 20Y AVG
+29.91%
SECTOR MEDIAN · REAL ESTATE
4.89%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-11.24%
vs the sector median at left
Essex Property Trust, Inc.
Market Cap
$17.54B
Return on Invested Capital (ROIC)
4.34%
TTM Avg
6.29%
3Y Avg
5.59%
5Y Avg
4.97%
Market Cap
$16.36B
Return on Invested Capital (ROIC)
4.67%
TTM Avg
4.02%
3Y Avg
3.82%
5Y Avg
3.49%
Market Cap
$15.91B
Return on Invested Capital (ROIC)
3.67%
TTM Avg
3.48%
3Y Avg
7.17%
5Y Avg
9.13%
Market Cap
$15.64B
Return on Invested Capital (ROIC)
3.95%
TTM Avg
3.38%
3Y Avg
3.04%
5Y Avg
2.90%
Market Cap
$19.67B
Return on Invested Capital (ROIC)
11.87%
TTM Avg
11.46%
3Y Avg
9.98%
5Y Avg
9.22%
Market Cap
$15.23B
Return on Invested Capital (ROIC)
6.84%
TTM Avg
6.42%
3Y Avg
6.46%
5Y Avg
2.72%
Market Cap
$14.52B
Return on Invested Capital (ROIC)
5.17%
TTM Avg
5.63%
3Y Avg
5.85%
5Y Avg
5.26%
Market Cap
$14.11B
Return on Invested Capital (ROIC)
4.05%
TTM Avg
4.20%
3Y Avg
3.81%
5Y Avg
4.13%
Market Cap
$14.00B
Return on Invested Capital (ROIC)
2.36%
TTM Avg
2.50%
3Y Avg
2.56%
5Y Avg
2.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essex Property Trust, Inc. (ESS) | $17.54B | 4.34% | 6.29% | 5.59% | 4.97% |
| Invitation Homes Inc. (INVH)vs › | $16.36B | 4.67% | 4.02% | 3.82% | 3.49% |
| Weyerhaeuser Company (WY)vs › | $15.91B | 3.67% | 3.48% | 7.17% | 9.13% |
| Kimco Realty Corporation (KIM)vs › | $15.64B | 3.95% | 3.38% | 3.04% | 2.90% |
| SBA Communications Corporation (SBAC)vs › | $19.67B | 11.87% | 11.46% | 9.98% | 9.22% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.23B | 6.84% | 6.42% | 6.46% | 2.72% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $14.52B | 5.17% | 5.63% | 5.85% | 5.26% |
| Sun Communities, Inc. (SUI)vs › | $14.11B | 4.05% | 4.20% | 3.81% | 4.13% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.00B | 2.36% | 2.50% | 2.56% | 2.34% |
| Regency Centers Corporation (REG)vs › | $13.63B | 5.29% | 6.21% | 6.92% | 6.92% |
ROIC
4.3%
ROE
7.8%
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) |
|---|---|
| 2026-06-30 | 4.34% |
| 2026-03-31 | 5.59% |
| 2025-12-31 | 6.13% |
| 2025-09-30 | 7.82% |
| 2025-06-30 | 7.58% |
| 2025-03-31 | 6.49% |
| 2024-12-31 | 5.61% |
| 2024-09-30 | 4.33% |
| 2024-06-30 | 4.38% |
| 2024-03-31 | 4.24% |
| 2023-12-31 | 4.87% |
| 2023-09-30 | 5.64% |
| 2023-06-30 | 5.71% |
| 2023-03-31 | 5.66% |
| 2022-12-31 | 4.95% |
| 2022-09-30 | 3.83% |
| 2022-06-30 | 3.89% |
| 2022-03-31 | 3.52% |
| 2021-12-31 | 4.11% |
| 2021-09-30 | 4.33% |
| 2021-06-30 | 4.27% |
| 2021-03-31 | 4.47% |
| 2020-12-31 | 3.90% |
| 2020-09-30 | 3.80% |
| 2020-06-30 | 3.82% |
| 2020-03-31 | 3.79% |
| 2019-12-31 | 3.88% |
| 2019-09-30 | 3.75% |
| 2019-06-30 | 3.76% |
| 2019-03-31 | 3.91% |
| 2018-12-31 | 3.91% |
| 2018-09-30 | 3.92% |
| 2018-06-30 | 3.87% |
| 2018-03-31 | 3.65% |
| 2017-12-31 | 3.66% |
| 2017-09-30 | 3.63% |
| 2017-06-30 | 3.57% |
| 2017-03-31 | 3.55% |
| 2016-12-31 | 3.49% |
| 2016-09-30 | 3.39% |
| 2016-06-30 | 3.15% |
| 2016-03-31 | 2.98% |
| 2015-12-31 | 2.82% |
| 2015-09-30 | 2.59% |
| 2015-06-30 | 2.43% |
| 2015-03-31 | 2.06% |
| 2014-12-31 | 1.79% |
| 2014-09-30 | 1.60% |
| 2014-06-30 | 1.50% |
| 2014-03-31 | 2.69% |
| 2013-12-31 | 3.71% |
| 2013-09-30 | 3.82% |
| 2013-06-30 | 3.71% |
| 2013-03-31 | 3.66% |
| 2012-12-31 | 3.57% |
| 2012-09-30 | 3.68% |
| 2012-06-30 | 3.64% |
| 2012-03-31 | 3.69% |
| 2011-12-31 | 3.47% |
| 2011-09-30 | 3.27% |
| 2011-06-30 | 3.14% |
| 2011-03-31 | 2.98% |
| 2010-12-31 | 3.07% |
| 2010-09-30 | 2.77% |
| 2010-06-30 | 2.57% |
| 2010-03-31 | 2.81% |
| 2009-12-31 | 2.05% |
| 2009-09-30 | 2.39% |
| 2009-06-30 | 2.34% |
| 2009-03-31 | 1.70% |
| 2008-12-31 | 1.79% |
| 2008-09-30 | 1.34% |
| 2008-06-30 | 1.54% |
| 2008-03-31 | 1.57% |
| 2007-12-31 | 1.61% |
| 2007-09-30 | 1.76% |
| 2006-06-30 | 2.34% |
| 2006-03-31 | 2.96% |
| 2005-12-31 | 4.10% |
| 2005-09-30 | 4.05% |
| 2005-06-30 | 5.34% |
| 2005-03-31 | 5.43% |
| 2004-12-31 | 5.00% |
| 2004-09-30 | 5.05% |
| 2004-06-30 | 4.53% |
| 2004-03-31 | 4.97% |
| 2003-12-31 | 6.39% |
| 2003-09-30 | 6.11% |
| 2003-06-30 | 6.17% |
| 2003-03-31 | 5.53% |
