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 38.84% is 31% above its 4-year average of 29.56%, near the high end of its 4-year range (14.63%–38.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.26% above its 12-month average of 33.70%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 38.84%.
RETURN ON INVESTED CAPITAL (ROIC)
38.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
33.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
30.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
29.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
27.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
24.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
20.66%
CURRENT VS TTM AVG
+15.26%
CURRENT VS 3Y AVG
+27.55%
CURRENT VS 5Y AVG
+31.39%
CURRENT VS 10Y AVG
+39.91%
CURRENT VS 15Y AVG
+60.86%
CURRENT VS 20Y AVG
+87.99%
SECTOR MEDIAN · CONSUMER CYCLICAL
11.38%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+241.15%
vs the sector median at left
H&R Block, Inc.
Market Cap
$5.27B
Return on Invested Capital (ROIC)
38.84%
TTM Avg
33.70%
3Y Avg
30.45%
5Y Avg
29.56%
Market Cap
$5.39B
Return on Invested Capital (ROIC)
7.19%
TTM Avg
5.48%
3Y Avg
4.37%
5Y Avg
4.22%
Market Cap
$5.00B
Return on Invested Capital (ROIC)
7.01%
TTM Avg
7.91%
3Y Avg
7.83%
5Y Avg
7.56%
Market Cap
$5.66B
Return on Invested Capital (ROIC)
18.10%
TTM Avg
19.37%
3Y Avg
19.61%
5Y Avg
26.64%
Market Cap
$5.79B
Return on Invested Capital (ROIC)
5.62%
TTM Avg
6.91%
3Y Avg
8.54%
5Y Avg
8.63%
Market Cap
$5.96B
Return on Invested Capital (ROIC)
-4.61%
TTM Avg
-14.97%
3Y Avg
-7.58%
5Y Avg
-5.33%
Market Cap
$5.97B
Return on Invested Capital (ROIC)
7.22%
TTM Avg
6.23%
3Y Avg
5.01%
5Y Avg
8.15%
Market Cap
$6.05B
Return on Invested Capital (ROIC)
20.97%
TTM Avg
22.98%
3Y Avg
20.90%
5Y Avg
16.22%
Market Cap
$6.30B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
5.06%
3Y Avg
-0.33%
5Y Avg
-3.66%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| H&R Block, Inc. (HRB) | $5.27B | 38.84% | 33.70% | 30.45% | 29.56% |
| The Cheesecake Factory Incorporated (CAKE)vs › | $5.39B | 7.19% | 5.48% | 4.37% | 4.22% |
| Vail Resorts, Inc. (MTN)vs › | $5.00B | 7.01% | 7.91% | 7.83% | 7.56% |
| Crocs, Inc. (CROX)vs › | $5.66B | 18.10% | 19.37% | 19.61% | 26.64% |
| LKQ Corporation (LKQ)vs › | $5.79B | 5.62% | 6.91% | 8.54% | 8.63% |
| Mobileye Global Inc. (MBLY)vs › | $5.96B | -4.61% | -14.97% | -7.58% | -5.33% |
| Macy's, Inc. (M)vs › | $5.97B | 7.22% | 6.23% | 5.01% | 8.15% |
| Abercrombie & Fitch Co. (ANF)vs › | $6.05B | 20.97% | 22.98% | 20.90% | 16.22% |
| CAVA Group, Inc. (CAVA)vs › | $6.30B | 5.41% | 5.06% | -0.33% | -3.66% |
| Dutch Bros Inc. (BROS)vs › | $6.68B | 4.88% | 4.28% | 2.50% | -1.52% |
ROIC
38.8%
ROE
624.4%
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 | 38.84% |
| 2026-03-31 | 38.44% |
| 2025-12-31 | 30.09% |
| 2025-09-30 | 35.54% |
| 2025-06-30 | 25.58% |
| 2025-03-31 | 27.53% |
| 2024-12-31 | 26.20% |
| 2024-09-30 | 32.00% |
| 2024-06-30 | 25.81% |
| 2024-03-31 | 31.52% |
| 2023-12-31 | 28.16% |
| 2023-09-30 | 30.87% |
| 2023-06-30 | 25.29% |
| 2023-03-31 | 23.59% |
| 2022-12-31 | 26.58% |
| 2022-09-30 | 30.91% |
| 2022-06-30 | 25.58% |
| 2022-03-31 | 14.63% |
| 2020-04-30 | -17.93% |
| 2020-01-31 | 16.60% |
| 2019-10-31 | 21.43% |
| 2019-07-31 | 19.64% |
| 2019-04-30 | 21.16% |
| 2019-01-31 | 36.09% |
| 2018-10-31 | 36.10% |
| 2018-07-31 | 33.18% |
| 2018-04-30 | 30.68% |
| 2018-01-31 | 21.33% |
| 2017-10-31 | 35.27% |
| 2017-07-31 | 30.06% |
| 2017-04-30 | 27.28% |
| 2017-01-31 | 19.11% |
| 2016-10-31 | 25.05% |
| 2016-07-31 | 25.98% |
| 2016-04-30 | 23.45% |
| 2016-01-31 | 20.09% |
| 2015-10-31 | 28.75% |
| 2015-07-31 | 21.84% |
| 2015-04-30 | 19.40% |
| 2015-01-31 | -13.27% |
| 2014-10-31 | -24.78% |
| 2014-07-31 | -17.74% |
| 2014-04-30 | -17.89% |
| 2014-01-31 | 12.95% |
| 2013-10-31 | 21.55% |
| 2013-07-31 | 19.86% |
| 2013-04-30 | 18.27% |
| 2013-01-31 | 15.54% |
| 2012-10-31 | 14.33% |
| 2012-07-31 | 15.44% |
| 2012-04-30 | 8.99% |
| 2012-01-31 | 7.67% |
| 2011-10-31 | 9.91% |
| 2011-07-31 | 8.95% |
| 2011-04-30 | 7.74% |
| 2011-01-31 | 14.02% |
| 2010-10-31 | 14.26% |
| 2010-07-31 | 18.90% |
| 2010-04-30 | 16.29% |
| 2010-01-31 | 7.84% |
| 2009-10-31 | 12.47% |
| 2009-07-31 | 14.65% |
| 2009-04-30 | 13.32% |
| 2009-01-31 | 12.04% |
| 2008-10-31 | 14.02% |
| 2008-07-31 | 17.23% |
| 2008-04-30 | 16.41% |
| 2008-01-31 | 6.31% |
| 2007-10-31 | 10.05% |
| 2007-07-31 | 10.49% |
| 2007-04-30 | 10.27% |
| 2007-01-31 | 6.74% |
| 2006-10-31 | 8.45% |
| 2006-07-31 | 10.99% |
| 2006-04-30 | 12.87% |
| 2006-01-31 | 9.97% |
| 2005-10-31 | 19.39% |
| 2005-07-31 | 22.35% |
| 2005-04-30 | 20.85% |
| 2005-01-31 | 13.86% |
| 2004-10-31 | 19.04% |
| 2004-07-31 | 23.22% |
| 2004-04-30 | 21.90% |
| 2004-01-31 | 15.38% |
| 2003-10-31 | 23.03% |
| 2003-07-31 | 21.93% |
