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 9.87% is in line with its 5-year average of 9.15%, near the high end of its 5-year range (7.79%–10.11%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.43% above its 12-month average of 9.28%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 9.87%.
RETURN ON INVESTED CAPITAL (ROIC)
9.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+6.43%
CURRENT VS 3Y AVG
+6.30%
CURRENT VS 5Y AVG
+7.87%
CURRENT VS 10Y AVG
+13.51%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
3.66%
median of 78 covered companies
CURRENT VS SECTOR MEDIAN
+169.75%
vs the sector median at left
Gaming and Leisure Properties, Inc.
Market Cap
$10.84B
Return on Invested Capital (ROIC)
9.87%
TTM Avg
9.28%
3Y Avg
9.29%
5Y Avg
9.15%
Market Cap
$10.94B
Return on Invested Capital (ROIC)
4.92%
TTM Avg
2.76%
3Y Avg
3.41%
5Y Avg
3.13%
Market Cap
$11.34B
Return on Invested Capital (ROIC)
0.60%
TTM Avg
-0.18%
3Y Avg
1.60%
5Y Avg
2.44%
Market Cap
$9.94B
Return on Invested Capital (ROIC)
2.93%
TTM Avg
3.40%
3Y Avg
3.32%
5Y Avg
3.21%
Market Cap
$9.89B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.80B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.87B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.74B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.70B
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 |
|---|---|---|---|---|---|
| Gaming and Leisure Properties, Inc. (GLPI) | $10.84B | 9.87% | 9.28% | 9.29% | 9.15% |
| UDR, Inc. (UDR)vs › | $10.94B | 4.92% | 2.76% | 3.41% | 3.13% |
| CoStar Group, Inc. (CSGP)vs › | $11.34B | 0.60% | -0.18% | 1.60% | 2.44% |
| Camden Property Trust (CPT)vs › | $9.94B | 2.93% | 3.40% | 3.32% | 3.21% |
| AGNC Investment Corp. (AGNC)vs › | $9.89B | N/A | N/A | N/A | N/A |
| AGNC Investment Corp. (AGNCL)vs › | $9.80B | N/A | N/A | N/A | N/A |
| AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock (AGNCZ)vs › | $11.87B | N/A | N/A | N/A | N/A |
| AGNC Investment Corp. (AGNCO)vs › | $9.74B | N/A | N/A | N/A | N/A |
| AGNC Investment Corp. (AGNCP)vs › | $9.70B | N/A | N/A | N/A | N/A |
| BXP, Inc. (BXP)vs › | $9.51B | 4.89% | 5.83% | 5.07% | 4.81% |
ROIC
9.9%
ROE
19.4%
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 | 9.87% |
| 2026-03-31 | 9.25% |
| 2025-12-31 | 9.28% |
| 2025-09-30 | 9.14% |
| 2025-06-30 | 8.84% |
| 2025-03-31 | 9.54% |
| 2024-12-31 | 8.69% |
| 2024-09-30 | 9.03% |
| 2024-06-30 | 8.76% |
| 2024-03-31 | 9.25% |
| 2023-12-31 | 9.33% |
| 2023-09-30 | 9.66% |
| 2023-06-30 | 10.11% |
| 2023-03-31 | 10.01% |
| 2022-12-31 | 9.57% |
| 2022-09-30 | 8.80% |
| 2022-06-30 | 8.12% |
| 2022-03-31 | 7.79% |
| 2021-12-31 | 7.82% |
| 2021-09-30 | 9.69% |
| 2021-06-30 | 9.65% |
| 2021-03-31 | 9.47% |
| 2020-12-31 | 9.31% |
| 2020-09-30 | 9.19% |
| 2020-06-30 | 9.16% |
| 2020-03-31 | 7.52% |
| 2019-12-31 | 8.78% |
| 2019-09-30 | 7.91% |
| 2019-06-30 | 7.30% |
| 2019-03-31 | 7.05% |
| 2018-12-31 | 6.85% |
| 2018-09-30 | 7.76% |
| 2018-06-30 | 8.61% |
| 2018-03-31 | 8.67% |
| 2017-12-31 | 8.52% |
| 2017-09-30 | 8.49% |
| 2017-06-30 | 8.23% |
| 2017-03-31 | 7.78% |
| 2016-12-31 | 6.43% |
| 2016-09-30 | 5.40% |
| 2016-06-30 | 4.42% |
| 2016-03-31 | 11.84% |
| 2015-12-31 | 11.97% |
| 2015-09-30 | 12.29% |
| 2015-06-30 | 12.34% |
| 2015-03-31 | 12.26% |
| 2014-12-31 | 12.24% |
| 2014-09-30 | 10.02% |
| 2014-06-30 | 6.96% |
| 2014-03-31 | 4.14% |
| 2013-12-31 | 1.19% |
| 2013-09-30 | 6.29% |
| 2013-06-30 | 7.07% |
