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 5.41% is 19% below its 5-year average of 6.68%, near the low end of its 5-year range (4.87%–9.17%).
As of the fiscal period ended Saturday, July 18, 2026. 9.24% below its 12-month average of 5.96%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-18): 5.41%.
RETURN ON INVESTED CAPITAL (ROIC)
5.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.24%
CURRENT VS TTM AVG
-9.24%
CURRENT VS 3Y AVG
-5.26%
CURRENT VS 5Y AVG
-18.99%
CURRENT VS 10Y AVG
-19.10%
CURRENT VS 15Y AVG
-25.78%
CURRENT VS 20Y AVG
-34.35%
SECTOR MEDIAN · CONSUMER DEFENSIVE
6.96%
median of 55 covered companies
CURRENT VS SECTOR MEDIAN
-22.27%
vs the sector median at left
Flowers Foods, Inc.
Market Cap
$1.18B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
5.96%
3Y Avg
5.71%
5Y Avg
6.68%
Market Cap
$1.08B
Return on Invested Capital (ROIC)
-0.55%
TTM Avg
19.34%
3Y Avg
18.35%
5Y Avg
18.43%
Market Cap
$1.05B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
5.67%
3Y Avg
6.27%
5Y Avg
5.92%
Market Cap
$1.47B
Return on Invested Capital (ROIC)
4.86%
TTM Avg
6.24%
3Y Avg
6.59%
5Y Avg
5.93%
Market Cap
$25.97M
Return on Invested Capital (ROIC)
-244.75%
TTM Avg
-90.02%
3Y Avg
-50.96%
5Y Avg
-41.92%
Market Cap
$2.34B
Return on Invested Capital (ROIC)
3.75%
TTM Avg
0.75%
3Y Avg
2.18%
5Y Avg
1.64%
Market Cap
$1.26M
Return on Invested Capital (ROIC)
-15.45%
TTM Avg
-2.83%
3Y Avg
-2.44%
5Y Avg
-1.54%
Market Cap
$2.85B
Return on Invested Capital (ROIC)
5.71%
TTM Avg
6.47%
3Y Avg
7.51%
5Y Avg
6.73%
Market Cap
$3.13B
Return on Invested Capital (ROIC)
0.52%
TTM Avg
25.46%
3Y Avg
26.07%
5Y Avg
18.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Flowers Foods, Inc. (FLO) | $1.18B | 5.41% | 5.96% | 5.71% | 6.68% |
| Oddity Tech Ltd. (ODD)vs › | $1.08B | -0.55% | 19.34% | 18.35% | 18.43% |
| Universal Corporation (UVV)vs › | $1.05B | 3.56% | 5.67% | 6.27% | 5.92% |
| J&J Snack Foods Corp. (JJSF)vs › | $1.47B | 4.86% | 6.24% | 6.59% | 5.93% |
| Borealis Foods Inc. (BRLS)vs › | $25.97M | -244.75% | -90.02% | -50.96% | -41.92% |
| Coty Inc. (COTY)vs › | $2.34B | 3.75% | 0.75% | 2.18% | 1.64% |
| Maison Solutions Inc. Class A Common Stock (MSS)vs › | $1.26M | -15.45% | -2.83% | -2.44% | -1.54% |
| Tootsie Roll Industries, Inc. (TR)vs › | $2.85B | 5.71% | 6.47% | 7.51% | 6.73% |
| Cal-Maine Foods, Inc. (CALM)vs › | $3.13B | 0.52% | 25.46% | 26.07% | 18.52% |
| Post Holdings, Inc. (POST)vs › | $3.29B | 5.40% | 5.34% | 4.71% | 4.52% |
ROIC
5.4%
ROE
4.2%
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) |
|---|---|
| 2026-07-18 | 5.41% |
| 2026-04-25 | 6.05% |
| 2026-01-03 | 6.34% |
| 2025-10-04 | 6.05% |
| 2025-07-12 | 6.58% |
| 2025-04-19 | 6.61% |
| 2024-12-31 | 9.17% |
| 2024-10-05 | 8.87% |
| 2024-07-13 | 5.00% |
| 2024-04-20 | 4.94% |
| 2023-12-31 | 4.87% |
| 2023-10-07 | 5.25% |
| 2023-07-15 | 7.77% |
| 2023-04-22 | 7.40% |
| 2022-12-31 | 8.38% |
| 2021-12-31 | 8.16% |
| 2020-12-31 | 8.60% |
| 2020-10-03 | 6.68% |
| 2020-07-11 | 6.87% |
| 2020-04-18 | 6.64% |
| 2019-12-31 | 6.56% |
| 2019-10-05 | 7.18% |
| 2019-07-13 | 6.94% |
| 2019-04-20 | 6.60% |
| 2018-12-31 | 6.88% |
| 2018-10-06 | 9.93% |
| 2018-07-14 | 5.32% |
| 2018-04-21 | 6.11% |
| 2017-12-31 | 7.12% |
| 2017-10-07 | 4.14% |
| 2017-07-15 | 7.08% |
| 2017-04-22 | 7.29% |
| 2016-12-31 | 7.06% |
| 2015-12-31 | 7.59% |
| 2014-12-31 | 8.42% |
| 2014-10-04 | 8.82% |
| 2014-07-12 | 8.38% |
| 2014-04-19 | 8.59% |
| 2013-12-31 | 10.80% |
| 2013-10-05 | 10.92% |
| 2013-07-13 | 12.87% |
| 2013-03-31 | 11.81% |
| 2012-12-31 | 8.24% |
| 2012-10-06 | 7.38% |
| 2012-07-14 | 8.01% |
| 2012-04-21 | 7.94% |
| 2011-12-31 | 9.08% |
| 2010-12-31 | 12.07% |
| 2009-12-31 | 11.83% |
| 2008-12-31 | 10.65% |
| 2008-10-04 | 9.17% |
| 2008-07-12 | 12.23% |
| 2008-04-19 | 11.99% |
| 2007-12-31 | 11.89% |
| 2007-10-06 | 11.62% |
| 2007-07-14 | 11.37% |
| 2007-04-21 | 10.95% |
| 2006-12-31 | 10.26% |
| 2006-10-07 | 9.47% |
| 2006-07-15 | 8.90% |
| 2006-04-22 | 8.69% |
| 2005-12-31 | 9.03% |
| 2004-12-31 | 7.73% |
| 2003-12-31 | 6.95% |
| 2003-10-04 | 4.62% |
| 2003-07-12 | 4.35% |
