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 12.46% is 29% below its 5-year average of 17.48%, near the low end of its 5-year range (12.46%–24.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 28.57% below its 12-month average of 17.44%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
12.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
17.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
19.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
17.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
20.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
17.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
16.40%
CURRENT VS TTM AVG
-28.57%
CURRENT VS 3Y AVG
-34.57%
CURRENT VS 5Y AVG
-28.73%
CURRENT VS 10Y AVG
-37.87%
CURRENT VS 15Y AVG
-29.37%
CURRENT VS 20Y AVG
-24.04%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+52.18%
vs the sector median at left
Kimberly-Clark Corporation
Market Cap
$32.56B
Return on Invested Capital (ROIC)
12.46%
TTM Avg
17.44%
3Y Avg
19.04%
5Y Avg
17.48%
Market Cap
$33.97B
Return on Invested Capital (ROIC)
10.07%
TTM Avg
7.53%
3Y Avg
8.08%
5Y Avg
6.08%
Market Cap
$34.73B
Return on Invested Capital (ROIC)
15.00%
TTM Avg
16.41%
3Y Avg
19.05%
5Y Avg
19.14%
Market Cap
$34.74B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
6.54%
3Y Avg
6.65%
5Y Avg
7.59%
Market Cap
$35.63B
Return on Invested Capital (ROIC)
2.97%
TTM Avg
4.80%
3Y Avg
4.71%
5Y Avg
8.12%
Market Cap
$29.38B
Return on Invested Capital (ROIC)
-4.94%
TTM Avg
-2.08%
3Y Avg
0.92%
5Y Avg
1.22%
Market Cap
$27.77B
Return on Invested Capital (ROIC)
7.47%
TTM Avg
6.23%
3Y Avg
7.83%
5Y Avg
8.74%
Market Cap
$39.50B
Return on Invested Capital (ROIC)
12.53%
TTM Avg
12.83%
3Y Avg
14.30%
5Y Avg
13.20%
Market Cap
$41.29B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
4.03%
3Y Avg
6.66%
5Y Avg
6.42%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kimberly-Clark Corporation (KMB) | $32.56B | 12.46% | 17.44% | 19.04% | 17.48% |
| Kenvue Inc. (KVUE)vs › | $33.97B | 10.07% | 7.53% | 8.08% | 6.08% |
| The Hershey Company (HSY)vs › | $34.73B | 15.00% | 16.41% | 19.05% | 19.14% |
| The Kroger Co. (KR)vs › | $34.74B | 4.89% | 6.54% | 6.65% | 7.59% |
| The Estée Lauder Companies Inc. (EL)vs › | $35.63B | 2.97% | 4.80% | 4.71% | 8.12% |
| The Kraft Heinz Company (KHC)vs › | $29.38B | -4.94% | -2.08% | 0.92% | 1.22% |
| Dollar General Corporation (DG)vs › | $27.77B | 7.47% | 6.23% | 7.83% | 8.74% |
| Sysco Corporation (SYY)vs › | $39.50B | 12.53% | 12.83% | 14.30% | 13.20% |
| Archer-Daniels-Midland Company (ADM)vs › | $41.29B | 4.89% | 4.03% | 6.66% | 6.42% |
| Bunge Global S.A. (BG)vs › | $23.69B | 5.82% | 4.71% | 8.46% | 8.82% |
ROIC
12.5%
ROE
111.7%
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 | 12.46% |
| 2026-03-31 | 15.39% |
| 2025-12-31 | 17.73% |
| 2025-09-30 | 18.32% |
| 2025-06-30 | 23.30% |
| 2025-03-31 | 23.49% |
| 2024-12-31 | 24.82% |
| 2024-09-30 | 23.76% |
| 2024-06-30 | 20.76% |
| 2024-03-31 | 17.66% |
| 2023-12-31 | 16.56% |
| 2023-09-30 | 17.00% |
| 2023-06-30 | 16.22% |
| 2023-03-31 | 18.41% |
| 2022-12-31 | 18.41% |
| 2022-09-30 | 17.02% |
| 2022-06-30 | 16.59% |
| 2022-03-31 | 15.90% |
| 2021-12-31 | 17.44% |
| 2021-09-30 | 18.16% |
| 2021-06-30 | 18.04% |
| 2021-03-31 | 20.45% |
| 2020-12-31 | 21.58% |
| 2020-09-30 | 23.30% |
| 2020-06-30 | 25.88% |
| 2020-03-31 | 24.32% |
| 2019-12-31 | 23.65% |
| 2019-09-30 | 22.82% |
| 2019-06-30 | 20.30% |
| 2019-03-31 | 20.51% |
| 2018-12-31 | 17.95% |
| 2018-09-30 | 18.76% |
| 2018-06-30 | 19.72% |
| 2018-03-31 | 19.32% |
| 2017-12-31 | 24.16% |
| 2017-09-30 | 23.04% |
| 2017-06-30 | 22.28% |
| 2017-03-31 | 22.87% |
| 2016-12-31 | 23.26% |
| 2016-09-30 | 20.31% |
| 2016-06-30 | 20.01% |
| 2016-03-31 | 11.45% |
| 2015-12-31 | 10.90% |
| 2015-09-30 | 6.25% |
| 2015-06-30 | 6.49% |
| 2015-03-31 | 14.35% |
| 2014-12-31 | 14.14% |
| 2014-09-30 | 16.24% |
| 2014-06-30 | 15.39% |
| 2014-03-31 | 16.26% |
| 2013-12-31 | 16.88% |
| 2013-09-30 | 13.57% |
| 2013-06-30 | 13.44% |
| 2013-03-31 | 12.69% |
| 2012-12-31 | 12.31% |
| 2012-09-30 | 12.99% |
| 2012-06-30 | 12.74% |
| 2012-03-31 | 12.17% |
| 2011-12-31 | 11.60% |
| 2011-09-30 | 12.26% |
| 2011-06-30 | 11.79% |
| 2011-03-31 | 12.32% |
| 2010-12-31 | 12.89% |
| 2010-09-30 | 12.75% |
| 2010-06-30 | 14.20% |
| 2010-03-31 | 13.32% |
| 2009-12-31 | 13.47% |
| 2009-09-30 | 13.63% |
| 2009-06-30 | 12.66% |
| 2009-03-31 | 12.93% |
| 2008-12-31 | 12.90% |
| 2008-09-30 | 12.64% |
| 2008-06-30 | 12.32% |
| 2008-03-31 | 13.21% |
| 2007-12-31 | 13.76% |
| 2007-09-30 | 13.46% |
| 2007-06-30 | 13.13% |
| 2007-03-31 | 11.56% |
| 2006-12-31 | 10.47% |
| 2006-09-30 | 10.39% |
| 2006-06-30 | 10.33% |
| 2006-03-31 | 12.33% |
| 2005-12-31 | 13.94% |
| 2005-09-30 | 12.93% |
| 2005-06-30 | 13.39% |
| 2005-03-31 | 13.14% |
| 2004-12-31 | 13.38% |
| 2004-09-30 | 15.21% |
| 2004-06-30 | 14.92% |
| 2004-03-31 | 14.09% |
| 2003-12-31 | 13.39% |
| 2003-09-30 | 12.28% |
| 2003-06-30 | 12.70% |
