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 3.38% is 121% above its 5-year average of 1.53%, near the high end of its 5-year range (0.29%–3.38%).
As of the fiscal period ended Sunday, June 28, 2026. 100.37% above its 12-month average of 1.69%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-28): 3.38%.
RETURN ON INVESTED CAPITAL (ROIC)
3.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+100.37%
CURRENT VS 3Y AVG
+77.68%
CURRENT VS 5Y AVG
+121.45%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
3.85%
median of 302 covered companies
CURRENT VS SECTOR MEDIAN
-12.21%
vs the sector median at left
First Watch Restaurant Group, Inc.
Market Cap
$654.37M
Return on Invested Capital (ROIC)
3.38%
TTM Avg
1.69%
3Y Avg
1.90%
5Y Avg
1.53%
Market Cap
$640.21M
Return on Invested Capital (ROIC)
9.04%
TTM Avg
13.85%
3Y Avg
15.84%
5Y Avg
16.44%
Market Cap
$639.72M
Return on Invested Capital (ROIC)
3.33%
TTM Avg
0.90%
3Y Avg
-8.62%
5Y Avg
-3.87%
Market Cap
$690.62M
Return on Invested Capital (ROIC)
8.82%
TTM Avg
8.82%
3Y Avg
11.19%
5Y Avg
11.98%
Market Cap
$611.92M
Return on Invested Capital (ROIC)
N/A
TTM Avg
18.36%
3Y Avg
18.46%
5Y Avg
34.87%
Market Cap
$611.95M
Return on Invested Capital (ROIC)
-0.67%
TTM Avg
-38.02%
3Y Avg
-25.34%
5Y Avg
-20.78%
Market Cap
$714.45M
Return on Invested Capital (ROIC)
N/A
TTM Avg
5.99%
3Y Avg
7.58%
5Y Avg
8.84%
Market Cap
$558.75M
Return on Invested Capital (ROIC)
-2.21%
TTM Avg
-5.75%
3Y Avg
-5.75%
5Y Avg
-5.75%
Market Cap
$527.59M
Return on Invested Capital (ROIC)
-21.06%
TTM Avg
-23.70%
3Y Avg
-18.81%
5Y Avg
-27.47%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Watch Restaurant Group, Inc. (FWRG) | $654.37M | 3.38% | 1.69% | 1.90% | 1.53% |
| Papa John's International, Inc. (PZZA)vs › | $640.21M | 9.04% | 13.85% | 15.84% | 16.44% |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $639.72M | 3.33% | 0.90% | -8.62% | -3.87% |
| Legacy Housing Corporation (LEGH)vs › | $690.62M | 8.82% | 8.82% | 11.19% | 11.98% |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $611.92M | N/A | 18.36% | 18.46% | 34.87% |
| Tron Inc. (TRON)vs › | $611.95M | -0.67% | -38.02% | -25.34% | -20.78% |
| Bloomin' Brands, Inc. (BLMN)vs › | $714.45M | N/A | 5.99% | 7.58% | 8.84% |
| XMAX, Inc. (XMAX)vs › | $558.75M | -2.21% | -5.75% | -5.75% | -5.75% |
| Solid Power, Inc. (SLDP)vs › | $527.59M | -21.06% | -23.70% | -18.81% | -27.47% |
| Fox Factory Holding Corp. (FOXF)vs › | $815.30M | -17.66% | -16.53% | -8.73% | -0.28% |
ROIC
3.4%
ROE
2.8%
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) |
|---|---|
| 2026-06-28 | 3.38% |
| 2026-03-29 | 1.84% |
| 2025-12-28 | 1.76% |
| 2025-09-28 | 0.79% |
| 2025-06-29 | 0.67% |
| 2025-03-30 | 1.13% |
| 2024-12-31 | 1.90% |
| 2024-09-29 | 1.96% |
| 2024-06-30 | 2.20% |
| 2024-03-31 | 2.35% |
| 2023-12-31 | 2.51% |
| 2023-09-24 | 2.35% |
| 2023-06-25 | 1.92% |
| 2023-03-26 | 1.41% |
| 2022-12-31 | 0.92% |
| 2022-09-25 | 0.79% |
| 2022-06-26 | 1.05% |
| 2022-03-27 | 1.48% |
| 2021-12-31 | 1.28% |
| 2021-09-26 | 1.94% |
| 2021-06-30 | 0.29% |
| 2020-12-31 | -5.05% |
