Kellanova (K) Return on Invested Capital (ROIC): 12.91%
Is Kellanova’s return on invested capital (ROIC) high or low?
Kellanova's return on invested capital (ROIC) of 12.91% is 39% above its 5-year average of 9.27%, near the high end of its 5-year range (7.19%–12.91%).
The return on invested capital (ROIC) for Kellanova (K) is 12.91% as of Tuesday, June 9, 2026. It is above its 12-month average by 13.25% (11.40%).
K Return on Invested Capital (ROIC) Chart
K Average Return on Invested Capital (ROIC) Chart
K Current vs Average Return on Invested Capital (ROIC) Chart
K Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
12.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.18%
CURRENT VS TTM AVG
+13.25%
CURRENT VS 3Y AVG
+37.49%
CURRENT VS 5Y AVG
+39.29%
CURRENT VS 10Y AVG
+45.10%
CURRENT VS 15Y AVG
+25.60%
CURRENT VS 20Y AVG
+15.47%
K Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kellanova (K) | — | 12.91% | 11.40% | 9.39% | 9.27% |
| Kimberly-Clark Corporation (KMB) | $33.37B | 17.62% | 21.69% | 19.65% | 19.56% |
| Dollar General Corporation (DG) | $24.13B | 6.64% | 5.87% | 7.40% | 8.26% |
| Constellation Brands, Inc. (STZ) | $24.12B | 10.48% | 8.66% | 6.61% | 5.88% |
| Church & Dwight Co., Inc. (CHD) | $22.99B | 11.19% | 9.71% | 9.28% | 10.44% |
| Dollar Tree, Inc. (DLTR) | $21.55B | 10.69% | 9.93% | 9.09% | 8.59% |
| Sysco Corporation (SYY) | $37.08B | 13.03% | 14.02% | 14.34% | 13.24% |
| The Kroger Co. (KR) | $38.84B | 4.70% | 6.45% | 6.53% | 7.44% |
| General Mills, Inc. (GIS) | $18.00B | 9.62% | 10.11% | 10.54% | 10.14% |
| Keurig Dr Pepper Inc. (KDP) | $42.83B | 5.62% | 5.39% | 5.34% | 5.09% |
Capital Efficiency
ROIC
12.9%
ROE
35.6%
Kellanova Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Kellanova Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Kellanova (K)?
- The return on invested capital (ROIC) for K stock is 12.91%.
- Is Kellanova's return on invested capital (ROIC) high or low?
- Kellanova's return on invested capital (ROIC) of 12.91% is 39% above its 5-year average of 9.27%, near the high end of its 5-year range (7.19%–12.91%).
- What is the TTM average return on invested capital (ROIC) for Kellanova (K)?
- The TTM average return on invested capital (ROIC) for K stock is 11.40%.
- What is the 3Y average return on invested capital (ROIC) for Kellanova (K)?
- The 3Y average return on invested capital (ROIC) for K stock is 9.39%.
- What is the 5Y average return on invested capital (ROIC) for Kellanova (K)?
- The 5Y average return on invested capital (ROIC) for K stock is 9.27%.
- What is the 10Y average return on invested capital (ROIC) for Kellanova (K)?
- The 10Y average return on invested capital (ROIC) for K stock is 8.90%.
- What is the 15Y average return on invested capital (ROIC) for Kellanova (K)?
- The 15Y average return on invested capital (ROIC) for K stock is 10.28%.
- What is the 20Y average return on invested capital (ROIC) for Kellanova (K)?
- The 20Y average return on invested capital (ROIC) for K stock is 11.18%.
Kellanova Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2024-12-28 | 12.91% |
| 2023-12-31 | 9.89% |
| 2022-12-31 | 7.19% |
| 2021-12-31 | 7.57% |
| 2020-12-31 | 10.31% |
| 2019-12-31 | 7.74% |
| 2018-12-31 | 10.79% |
| 2017-12-31 | 8.29% |
| 2016-12-31 | 9.48% |
| 2015-12-31 | 7.23% |
| 2014-12-31 | 6.47% |
| 2013-12-31 | 15.57% |
| 2012-12-31 | 9.09% |
| 2011-12-31 | 10.82% |
| 2010-12-31 | 15.08% |
| 2009-12-31 | 16.03% |
| 2008-12-31 | 15.63% |
| 2007-12-31 | 14.31% |
| 2006-12-31 | 13.88% |
| 2005-12-31 | 13.98% |
| 2004-12-31 | 12.53% |
| 2003-12-31 | 12.56% |
| 2002-12-31 | 11.31% |
| 2001-12-31 | 7.99% |
| 2000-12-31 | 17.69% |
| 1999-12-31 | 18.08% |
| 1998-12-31 | 15.68% |
| 1997-12-31 | 19.56% |
| 1996-12-31 | 16.88% |
| 1995-12-31 | 23.23% |
Related Metrics
About Kellanova
Kellanova, a worldwide enterprise, produces and supplies a diverse range of snack and convenience food products across North America, Europe, Latin America, the Asia Pacific region, the Middle East, Australia, and Africa. The company's primary offerings include various snack items such as crackers, savory treats, toaster pastries, assorted cereal and granola bars, and snack bites, along with crisps. Furthermore, its convenience food division features ready-to-eat breakfast cereals, frozen waffles, plant-based meal alternatives, and noodles. These items are marketed under an extensive portfolio of widely recognized brand names, prominently featuring Kellogg's, Cheez-It, Pringles, RXBAR, Eggo, Morningstar Farms, Pop-Tarts, and Special K. This vast array of brands also encompasses Austin, Parati, Bisco, Club, Luxe, Minueto, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr's, Kellogg's Extra, Müsli, Fruit 'n Fibre, Kellogg's Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, Choco Krispies, Melvin, Cornelius, Chocovore, Poperto, Pops the Bee, and Sammy the Seal. Kellanova distributes its products to retailers through its own dedicated sales teams, as well as via independent brokers and distributors. The company, originally established in 1906, was known as Kellogg Company before adopting the name Kellanova in October 2023. Its main corporate office is situated in Chicago, Illinois.
- Sector
- Consumer Defensive
- Industry
- Food Confectioners
- CEO
- Steven A. Cahillane