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 18.80% is 31% below its 5-year average of 27.12%, near the low end of its 5-year range (18.80%–36.06%).
As of the fiscal period ended Sunday, August 2, 2026. 8.24% below its 12-month average of 20.49%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
18.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
20.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
23.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
27.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
29.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
26.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
22.49%
CURRENT VS TTM AVG
-8.24%
CURRENT VS 3Y AVG
-18.31%
CURRENT VS 5Y AVG
-30.68%
CURRENT VS 10Y AVG
-37.28%
CURRENT VS 15Y AVG
-28.61%
CURRENT VS 20Y AVG
-16.40%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+71.30%
vs the sector median at left
The Home Depot, Inc.
Market Cap
$310.02B
Return on Invested Capital (ROIC)
18.80%
TTM Avg
20.49%
3Y Avg
23.01%
5Y Avg
27.12%
Market Cap
$262.98B
Return on Invested Capital (ROIC)
1.99%
TTM Avg
5.52%
3Y Avg
5.79%
5Y Avg
5.34%
Market Cap
$237.72B
Return on Invested Capital (ROIC)
9.55%
TTM Avg
10.13%
3Y Avg
11.92%
5Y Avg
10.90%
Market Cap
$228.35B
Return on Invested Capital (ROIC)
3.53%
TTM Avg
3.86%
3Y Avg
3.95%
5Y Avg
3.76%
Market Cap
$180.57B
Return on Invested Capital (ROIC)
17.85%
TTM Avg
17.90%
3Y Avg
17.47%
5Y Avg
16.44%
Market Cap
$172.20B
Return on Invested Capital (ROIC)
19.98%
TTM Avg
21.09%
3Y Avg
22.36%
5Y Avg
21.19%
Market Cap
$139.83B
Return on Invested Capital (ROIC)
24.37%
TTM Avg
22.94%
3Y Avg
22.04%
5Y Avg
18.45%
Market Cap
$133.47B
Return on Invested Capital (ROIC)
71.23%
TTM Avg
47.48%
3Y Avg
38.26%
5Y Avg
26.91%
Market Cap
$114.73B
Return on Invested Capital (ROIC)
10.00%
TTM Avg
13.23%
3Y Avg
16.04%
5Y Avg
14.19%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Home Depot, Inc. (HD) | $310.02B | 18.80% | 20.49% | 23.01% | 27.12% |
| Alibaba Group Holding Limited (BABA)vs › | $262.98B | 1.99% | 5.52% | 5.79% | 5.34% |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY)vs › | $237.72B | 9.55% | 10.13% | 11.92% | 10.90% |
| Toyota Motor Corporation (TM)vs › | $228.35B | 3.53% | 3.86% | 3.95% | 3.76% |
| McDonald's Corporation (MCD)vs › | $180.57B | 17.85% | 17.90% | 17.47% | 16.44% |
| Hermes International Societe en commandite par actions Unsponsored ADR (HESAY)vs › | $172.20B | 19.98% | 21.09% | 22.36% | 21.19% |
| The TJX Companies, Inc. (TJX)vs › | $139.83B | 24.37% | 22.94% | 22.04% | 18.45% |
| Booking Holdings Inc. (BKNG)vs › | $133.47B | 71.23% | 47.48% | 38.26% | 26.91% |
| Starbucks Corporation (SBUX)vs › | $114.73B | 10.00% | 13.23% | 16.04% | 14.19% |
| PDD Holdings Inc. (PDD)vs › | $112.23B | 17.16% | 23.32% | 22.85% | 14.25% |
ROIC
18.8%
ROE
85.6%
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) |
|---|---|
| 2026-08-02 | 18.80% |
| 2026-05-03 | 20.79% |
| 2026-02-01 | 19.36% |
| 2025-11-02 | 21.79% |
| 2025-08-03 | 21.71% |
| 2025-05-04 | 22.58% |
| 2025-02-02 | 22.70% |
| 2024-10-27 | 22.16% |
| 2024-07-28 | 22.26% |
| 2024-04-28 | 29.13% |
| 2023-10-29 | 31.88% |
| 2023-07-30 | 32.73% |
| 2023-04-30 | 34.41% |
| 2022-10-30 | 33.84% |
| 2022-07-31 | 36.06% |
| 2022-05-01 | 36.04% |
| 2021-10-31 | 34.86% |
| 2021-08-01 | 34.90% |
| 2021-05-02 | 34.31% |
| 2021-01-31 | 28.37% |
| 2020-11-01 | 30.57% |
| 2020-08-02 | 30.64% |
| 2020-05-03 | 29.96% |
| 2020-01-31 | 33.93% |
| 2019-11-03 | 33.85% |
| 2019-08-04 | 34.75% |
| 2019-05-05 | 36.03% |
| 2019-01-31 | 39.97% |
| 2018-10-28 | 38.22% |
| 2018-07-29 | 35.10% |
| 2018-04-29 | 32.14% |
| 2018-01-31 | 29.74% |
| 2017-10-29 | 30.37% |
| 2017-07-30 | 29.38% |
| 2017-04-30 | 30.19% |
| 2017-01-31 | 28.43% |
| 2016-10-30 | 27.04% |
| 2016-07-31 | 26.99% |
| 2016-05-01 | 26.25% |
| 2016-01-31 | 25.06% |
| 2015-11-01 | 23.41% |
| 2015-08-02 | 23.12% |
| 2015-05-03 | 24.26% |
| 2015-01-31 | 22.96% |
| 2014-11-02 | 21.65% |
| 2014-08-03 | 20.23% |
| 2014-05-04 | 20.20% |
| 2014-01-31 | 19.56% |
| 2013-11-03 | 17.87% |
| 2013-08-04 | 17.68% |
| 2013-05-05 | 16.24% |
| 2013-01-31 | 15.76% |
| 2012-10-28 | 14.90% |
| 2012-07-29 | 15.02% |
| 2012-04-29 | 14.25% |
| 2012-01-31 | 13.67% |
| 2011-10-30 | 13.02% |
| 2011-07-31 | 12.50% |
| 2011-05-01 | 11.95% |
| 2011-01-31 | 11.91% |
| 2010-10-31 | 11.36% |
| 2010-08-01 | 10.80% |
| 2010-05-02 | 10.68% |
| 2010-01-31 | 10.02% |
| 2009-11-01 | 8.77% |
| 2009-08-02 | 8.74% |
| 2009-05-03 | 9.29% |
| 2009-01-31 | 8.83% |
| 2008-11-02 | 9.93% |
| 2008-08-03 | 11.32% |
| 2008-05-04 | 12.45% |
| 2008-01-31 | 13.68% |
| 2007-10-28 | 14.95% |
| 2007-07-29 | 11.69% |
| 2007-04-29 | 12.47% |
| 2007-01-31 | 13.96% |
| 2006-10-29 | 15.25% |
| 2006-07-30 | 17.03% |
| 2006-04-30 | 16.89% |
| 2006-01-31 | 17.78% |
| 2005-10-30 | 18.26% |
| 2005-07-31 | 18.36% |
| 2005-05-01 | 18.31% |
| 2005-01-31 | 17.65% |
| 2004-10-31 | 17.64% |
| 2004-08-01 | 18.30% |
| 2004-05-02 | 17.46% |
| 2004-01-31 | 16.96% |
| 2003-11-02 | 16.22% |
| 2003-08-03 | 14.98% |
