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 18.37% is 1066% above its 5-year average of 1.58%, near the high end of its 5-year range (-1.59%–18.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 66.16% above its 12-month average of 11.06%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 18.37%.
RETURN ON INVESTED CAPITAL (ROIC)
18.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.60%
CURRENT VS TTM AVG
+66.16%
CURRENT VS 3Y AVG
+462.92%
CURRENT VS 5Y AVG
+1066.18%
CURRENT VS 10Y AVG
+1526.01%
CURRENT VS 15Y AVG
+1637.75%
CURRENT VS 20Y AVG
+1050.84%
SECTOR MEDIAN · BASIC MATERIALS
8.82%
median of 58 covered companies
CURRENT VS SECTOR MEDIAN
+108.32%
vs the sector median at left
Hecla Mining Company
Market Cap
$11.54B
Return on Invested Capital (ROIC)
18.37%
TTM Avg
11.06%
3Y Avg
3.26%
5Y Avg
1.58%
Market Cap
$11.07B
Return on Invested Capital (ROIC)
8.32%
TTM Avg
6.03%
3Y Avg
4.95%
5Y Avg
5.52%
Market Cap
$12.33B
Return on Invested Capital (ROIC)
3.34%
TTM Avg
-1.80%
3Y Avg
3.73%
5Y Avg
4.13%
Market Cap
$10.51B
Return on Invested Capital (ROIC)
3.38%
TTM Avg
7.53%
3Y Avg
9.27%
5Y Avg
16.51%
Market Cap
$12.67B
Return on Invested Capital (ROIC)
10.97%
TTM Avg
11.50%
3Y Avg
11.54%
5Y Avg
11.16%
Market Cap
$13.33B
Return on Invested Capital (ROIC)
14.71%
TTM Avg
15.71%
3Y Avg
14.68%
5Y Avg
12.21%
Market Cap
$13.48B
Return on Invested Capital (ROIC)
27.22%
TTM Avg
28.00%
3Y Avg
28.22%
5Y Avg
27.69%
Market Cap
$13.83B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
5.99%
3Y Avg
5.25%
5Y Avg
4.19%
Market Cap
$9.17B
Return on Invested Capital (ROIC)
8.44%
TTM Avg
11.70%
3Y Avg
13.68%
5Y Avg
13.68%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hecla Mining Company (HL) | $11.54B | 18.37% | 11.06% | 3.26% | 1.58% |
| Alcoa Corporation (AA)vs › | $11.07B | 8.32% | 6.03% | 4.95% | 5.52% |
| Albemarle Corporation (ALB)vs › | $12.33B | 3.34% | -1.80% | 3.73% | 4.13% |
| Suzano S.A. (SUZ)vs › | $10.51B | 3.38% | 7.53% | 9.27% | 16.51% |
| RPM International Inc. (RPM)vs › | $12.67B | 10.97% | 11.50% | 11.54% | 11.16% |
| Carlisle Companies Incorporated (CSL)vs › | $13.33B | 14.71% | 15.71% | 14.68% | 12.21% |
| Masco Corporation (MAS)vs › | $13.48B | 27.22% | 28.00% | 28.22% | 27.69% |
| CEMEX, S.A.B. de C.V. (CX)vs › | $13.83B | 5.38% | 5.99% | 5.25% | 4.19% |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.17B | 8.44% | 11.70% | 13.68% | 13.68% |
| First Majestic Silver Corp. (AG)vs › | $8.71B | 8.99% | 2.21% | -1.81% | -0.51% |
ROIC
18.4%
ROE
12.5%
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 | 18.37% |
| 2026-03-31 | 15.45% |
| 2025-12-31 | 10.55% |
| 2025-09-30 | 7.01% |
| 2025-06-30 | 3.90% |
| 2025-03-31 | 3.26% |
| 2024-12-31 | 2.08% |
| 2024-09-30 | 0.92% |
| 2024-06-30 | -0.34% |
| 2024-03-31 | -1.59% |
| 2023-12-31 | -1.57% |
| 2023-09-30 | -0.02% |
| 2023-06-30 | -0.48% |
| 2023-03-31 | -0.38% |
| 2022-12-31 | -0.05% |
| 2022-09-30 | 0.68% |
| 2022-06-30 | 1.40% |
| 2022-03-31 | 2.24% |
| 2021-12-31 | 3.25% |
| 2021-09-30 | 3.41% |
| 2021-06-30 | 4.65% |
| 2021-03-31 | 3.17% |
| 2020-12-31 | 2.25% |
| 2020-09-30 | 1.59% |
| 2020-06-30 | -0.08% |
| 2020-03-31 | -2.12% |
| 2019-12-31 | -2.27% |
| 2019-09-30 | -3.53% |
| 2019-06-30 | -4.48% |
| 2019-03-31 | -2.64% |
| 2018-12-31 | -1.52% |
| 2018-09-30 | 0.20% |
| 2018-06-30 | 1.45% |
| 2018-03-31 | 1.46% |
| 2017-12-31 | 2.87% |
| 2017-09-30 | 2.73% |
| 2017-06-30 | 3.42% |
| 2017-03-31 | 5.16% |
| 2016-12-31 | 3.74% |
| 2016-09-30 | 2.30% |
| 2016-06-30 | 0.87% |
| 2016-03-31 | -1.18% |
| 2015-12-31 | -1.70% |
| 2015-09-30 | -1.44% |
| 2015-06-30 | -0.17% |
| 2015-03-31 | 0.86% |
| 2014-12-31 | 1.00% |
| 2014-09-30 | 0.93% |
| 2014-06-30 | 0.73% |
| 2014-03-31 | -1.06% |
| 2013-12-31 | -1.56% |
| 2013-09-30 | -1.29% |
| 2013-06-30 | -0.92% |
| 2013-03-31 | 0.48% |
| 2012-12-31 | 1.85% |
| 2012-09-30 | 3.04% |
| 2012-06-30 | 4.96% |
| 2012-03-31 | 7.67% |
| 2011-12-31 | 9.94% |
| 2011-09-30 | 2.59% |
| 2011-06-30 | 2.55% |
| 2011-03-31 | 0.13% |
| 2010-12-31 | -4.58% |
| 2010-09-30 | 9.07% |
| 2010-06-30 | 8.23% |
| 2010-03-31 | 7.21% |
| 2009-12-31 | 7.38% |
| 2009-09-30 | 1.82% |
| 2009-06-30 | 0.58% |
| 2009-03-31 | -1.66% |
| 2008-12-31 | -2.43% |
| 2008-09-30 | 0.34% |
| 2008-06-30 | 1.08% |
| 2008-03-31 | 8.07% |
| 2007-12-31 | 8.15% |
| 2007-09-30 | 13.91% |
| 2007-06-30 | 12.17% |
| 2007-03-31 | 9.07% |
| 2006-12-31 | 7.47% |
| 2006-09-30 | 1.55% |
| 2006-06-30 | -2.00% |
| 2006-03-31 | -7.27% |
| 2005-12-31 | -11.16% |
| 2005-09-30 | -10.04% |
| 2005-06-30 | -10.77% |
| 2005-03-31 | -6.23% |
| 2004-12-31 | -1.97% |
| 2004-09-30 | 0.77% |
| 2004-06-30 | -1.08% |
| 2004-03-31 | -1.12% |
| 2003-12-31 | -2.86% |
| 2003-09-30 | -4.46% |
| 2003-06-30 | 4.40% |