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 9.42% is 32% above its 5-year average of 7.15%, near the high end of its 5-year range (4.29%–9.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.38% above its 12-month average of 8.69%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 9.42%.
RETURN ON INVESTED CAPITAL (ROIC)
9.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.43%
CURRENT VS TTM AVG
+8.38%
CURRENT VS 3Y AVG
+16.02%
CURRENT VS 5Y AVG
+31.86%
CURRENT VS 10Y AVG
+24.24%
CURRENT VS 15Y AVG
-8.58%
CURRENT VS 20Y AVG
-17.54%
SECTOR MEDIAN · FINANCIAL SERVICES
-0.49%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+2023.16%
vs the sector median at left
FirstCash Holdings, Inc
Market Cap
$9.16B
Return on Invested Capital (ROIC)
9.42%
TTM Avg
8.69%
3Y Avg
8.12%
5Y Avg
7.15%
Market Cap
$8.87B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.54B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.61B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.72B
Return on Invested Capital (ROIC)
16.04%
TTM Avg
16.21%
3Y Avg
15.85%
5Y Avg
16.08%
Market Cap
$9.98B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.33B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.12B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.19B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstCash Holdings, Inc (FCFS) | $9.16B | 9.42% | 8.69% | 8.12% | 7.15% |
| Voya Financial, Inc. (VOYA)vs › | $8.87B | N/A | N/A | N/A | N/A |
| Old National Bancorp (ONB)vs › | $9.54B | N/A | N/A | N/A | N/A |
| Fidelity High Dividend ETF (FDVV)vs › | $9.61B | N/A | N/A | N/A | N/A |
| FactSet Research Systems Inc. (FDS)vs › | $9.72B | 16.04% | 16.21% | 15.85% | 16.08% |
| Hut 8 Corp. (HUT)vs › | $9.98B | N/A | N/A | N/A | N/A |
| Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG)vs › | $8.33B | N/A | N/A | N/A | N/A |
| Popular, Inc. (BPOP)vs › | $10.12B | N/A | N/A | N/A | N/A |
| Columbia Banking System, Inc. (COLB)vs › | $8.19B | N/A | N/A | N/A | N/A |
| Old National Bancorp (ONBPO)vs › | $10.21B | N/A | N/A | N/A | N/A |
ROIC
9.4%
ROE
16.7%
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) |
|---|---|
| 2026-06-30 | 9.42% |
| 2026-03-31 | 8.75% |
| 2025-12-31 | 8.29% |
| 2025-09-30 | 8.17% |
| 2025-06-30 | 8.83% |
| 2025-03-31 | 8.80% |
| 2024-12-31 | 8.22% |
| 2024-09-30 | 8.02% |
| 2024-06-30 | 7.96% |
| 2024-03-31 | 7.85% |
| 2023-12-31 | 7.38% |
| 2023-09-30 | 6.99% |
| 2023-06-30 | 6.89% |
| 2023-03-31 | 6.64% |
| 2022-12-31 | 6.16% |
| 2022-09-30 | 5.10% |
| 2022-06-30 | 4.57% |
| 2022-03-31 | 4.47% |
| 2021-12-31 | 4.29% |
| 2021-09-30 | 6.73% |
| 2021-06-30 | 6.51% |
| 2021-03-31 | 6.71% |
| 2020-12-31 | 6.71% |
| 2020-09-30 | 8.02% |
| 2020-06-30 | 8.93% |
| 2020-03-31 | 8.83% |
| 2019-12-31 | 8.47% |
| 2019-09-30 | 8.44% |
| 2019-06-30 | 8.41% |
| 2019-03-31 | 8.55% |
| 2018-12-31 | 9.08% |
| 2018-09-30 | 10.30% |
| 2018-06-30 | 10.28% |
| 2018-03-31 | 10.27% |
| 2017-12-31 | 9.37% |
| 2017-09-30 | 7.03% |
| 2017-06-30 | 6.44% |
| 2017-03-31 | 6.00% |
| 2016-12-31 | 4.77% |
| 2016-09-30 | 3.64% |
| 2016-06-30 | 10.66% |
| 2016-03-31 | 10.67% |
| 2015-12-31 | 10.91% |
| 2015-09-30 | 12.06% |
| 2015-06-30 | 12.44% |
| 2015-03-31 | 13.56% |
| 2014-12-31 | 14.11% |
| 2014-09-30 | 13.91% |
| 2014-06-30 | 14.22% |
| 2014-03-31 | 13.93% |
| 2013-12-31 | 14.11% |
| 2013-09-30 | 15.90% |
| 2013-06-30 | 15.59% |
| 2013-03-31 | 17.91% |
| 2012-12-31 | 17.11% |
| 2012-09-30 | 16.66% |
| 2012-06-30 | 19.69% |
| 2012-03-31 | 21.62% |
| 2011-12-31 | 22.06% |
| 2011-09-30 | 22.47% |
| 2011-06-30 | 18.86% |
| 2011-03-31 | 17.17% |
| 2010-12-31 | 17.00% |
| 2010-09-30 | 17.14% |
| 2010-06-30 | 17.12% |
| 2010-03-31 | 17.16% |
| 2009-12-31 | 18.25% |
| 2009-09-30 | 15.88% |
| 2009-06-30 | 15.98% |
| 2009-03-31 | 16.37% |
| 2008-12-31 | 14.19% |
| 2008-09-30 | 11.25% |
| 2008-06-30 | 9.41% |
| 2008-03-31 | 10.50% |
| 2007-12-31 | 11.20% |
| 2007-09-30 | 13.60% |
| 2007-06-30 | 14.43% |
| 2007-03-31 | 15.32% |
| 2006-12-31 | 14.87% |
| 2006-09-30 | 13.41% |
| 2006-06-30 | 16.61% |
| 2006-03-31 | 14.41% |
| 2005-12-31 | 14.70% |
| 2005-09-30 | 14.75% |
| 2005-06-30 | 14.68% |
| 2005-03-31 | 13.53% |
| 2004-12-31 | 13.68% |
| 2004-09-30 | 13.95% |
| 2004-06-30 | 12.68% |
| 2004-03-31 | 12.60% |
| 2003-12-31 | 11.81% |
| 2003-09-30 | 10.92% |
| 2003-06-30 | 10.34% |
