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 -1.21% is 159% below its 5-year average of -0.47%, near the low end of its 5-year range (-1.21%–2.75%).
As of the fiscal period ended Sunday, May 31, 2026. 37.64% below its 12-month average of -0.88%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-05-31): -1.21%.
RETURN ON INVESTED CAPITAL (ROIC)
-1.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-0.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-0.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
2.19%
CURRENT VS TTM AVG
-37.64%
CURRENT VS 3Y AVG
-61.90%
CURRENT VS 5Y AVG
-159.46%
CURRENT VS 10Y AVG
-191.27%
CURRENT VS 15Y AVG
-164.84%
CURRENT VS 20Y AVG
-155.16%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-111.00%
vs the sector median at left
CarMax, Inc.
Market Cap
$8.12B
Return on Invested Capital (ROIC)
-1.21%
TTM Avg
-0.88%
3Y Avg
-0.75%
5Y Avg
-0.47%
Market Cap
$8.20B
Return on Invested Capital (ROIC)
2.70%
TTM Avg
3.15%
3Y Avg
3.12%
5Y Avg
2.59%
Market Cap
$7.85B
Return on Invested Capital (ROIC)
12.80%
TTM Avg
9.09%
3Y Avg
5.92%
5Y Avg
3.73%
Market Cap
$8.42B
Return on Invested Capital (ROIC)
8.60%
TTM Avg
8.77%
3Y Avg
5.86%
5Y Avg
1.69%
Market Cap
$7.63B
Return on Invested Capital (ROIC)
4.46%
TTM Avg
4.39%
3Y Avg
1.85%
5Y Avg
3.49%
Market Cap
$7.57B
Return on Invested Capital (ROIC)
12.91%
TTM Avg
15.06%
3Y Avg
9.44%
5Y Avg
3.88%
Market Cap
$8.88B
Return on Invested Capital (ROIC)
-6.44%
TTM Avg
-33.56%
3Y Avg
-31.96%
5Y Avg
-24.34%
Market Cap
$9.45B
Return on Invested Capital (ROIC)
17.90%
TTM Avg
15.42%
3Y Avg
17.82%
5Y Avg
17.34%
Market Cap
$9.48B
Return on Invested Capital (ROIC)
3.53%
TTM Avg
6.64%
3Y Avg
7.08%
5Y Avg
7.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CarMax, Inc. (KMX) | $8.12B | -1.21% | -0.88% | -0.75% | -0.47% |
| MGM Resorts International (MGM)vs › | $8.20B | 2.70% | 3.15% | 3.12% | 2.59% |
| The Gap, Inc. (GAP)vs › | $7.85B | 12.80% | 9.09% | 5.92% | 3.73% |
| Wynn Resorts, Limited (WYNN)vs › | $8.42B | 8.60% | 8.77% | 5.86% | 1.69% |
| Mohawk Industries, Inc. (MHK)vs › | $7.63B | 4.46% | 4.39% | 1.85% | 3.49% |
| Chewy, Inc. (CHWY)vs › | $7.57B | 12.91% | 15.06% | 9.44% | 3.88% |
| NIO Inc. (NIO)vs › | $8.88B | -6.44% | -33.56% | -31.96% | -24.34% |
| Murphy USA Inc. (MUSA)vs › | $9.45B | 17.90% | 15.42% | 17.82% | 17.34% |
| Aptiv PLC (APTV)vs › | $9.48B | 3.53% | 6.64% | 7.08% | 7.04% |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $6.71B | 8.01% | 9.10% | 3.40% | -3.91% |
ROIC
-1.2%
ROE
3.6%
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) |
|---|---|
| 2026-05-31 | -1.21% |
| 2026-02-28 | -1.20% |
| 2025-11-30 | -0.95% |
| 2025-08-31 | -0.62% |
| 2025-05-31 | -0.41% |
| 2025-02-28 | -0.57% |
| 2024-11-30 | -0.72% |
| 2024-08-31 | -0.89% |
| 2024-05-31 | -0.74% |
| 2024-02-29 | -0.43% |
| 2023-11-30 | -0.40% |
| 2023-08-31 | -0.64% |
| 2023-05-31 | -0.92% |
| 2023-02-28 | -0.95% |
| 2022-11-30 | -0.65% |
| 2022-08-31 | 0.26% |
| 2022-05-31 | 0.95% |
| 2022-02-28 | 1.71% |
| 2021-11-30 | 2.11% |
| 2021-08-31 | 2.27% |
| 2021-05-31 | 2.75% |
| 2021-02-28 | 1.04% |
| 2020-11-30 | 2.14% |
| 2020-08-31 | 1.88% |
| 2020-05-31 | 1.70% |
| 2020-02-29 | 3.00% |
| 2019-11-30 | 2.89% |
| 2019-08-31 | 3.10% |
| 2019-05-31 | 3.15% |
| 2019-02-28 | 3.19% |
| 2018-11-30 | 2.85% |
| 2018-08-31 | 2.73% |
| 2018-05-31 | 2.86% |
| 2018-02-28 | 2.96% |
| 2017-11-30 | 3.22% |
| 2017-08-31 | 3.30% |
| 2017-05-31 | 3.30% |
| 2017-02-28 | 3.10% |
| 2016-11-30 | 2.95% |
| 2016-08-31 | 2.97% |
| 2016-05-31 | 3.17% |
| 2016-02-29 | 3.23% |
| 2015-11-30 | 3.13% |
| 2015-08-31 | 3.29% |
| 2015-05-31 | 3.25% |
| 2015-02-28 | 3.35% |
| 2014-11-30 | 8.94% |
| 2014-08-31 | 9.10% |
| 2014-05-31 | 9.27% |
| 2014-02-28 | 9.43% |
| 2013-11-30 | 2.79% |
| 2013-08-31 | 2.84% |
| 2013-05-31 | 2.74% |
| 2013-02-28 | 2.70% |
| 2012-11-30 | 2.93% |
| 2012-08-31 | 3.15% |
| 2012-05-31 | 3.39% |
| 2012-02-29 | 3.61% |
| 2011-11-30 | 3.70% |
| 2011-08-31 | 3.83% |
| 2011-05-31 | 3.98% |
| 2011-02-28 | 3.80% |
| 2010-12-27 | 1.90% |
| 2010-09-10 | 1.68% |
| 2010-05-31 | 1.46% |
| 2010-02-28 | 3.11% |
| 2009-11-30 | 7.42% |
| 2009-08-31 | 4.97% |
| 2009-05-31 | 3.27% |
| 2009-04-09 | 2.78% |
| 2008-11-30 | 2.84% |
| 2008-08-31 | 4.48% |
| 2008-05-31 | 5.65% |
| 2008-02-29 | 7.04% |
| 2007-11-30 | 7.47% |
| 2007-08-31 | 8.35% |
| 2007-05-31 | 7.79% |
| 2007-02-28 | 7.85% |
| 2006-11-30 | 9.00% |
| 2006-08-31 | 7.84% |
| 2006-05-31 | 7.37% |
| 2006-02-28 | 6.37% |
| 2005-11-30 | 6.37% |
| 2005-08-31 | 6.37% |
| 2005-05-31 | 5.91% |
| 2005-02-28 | 6.16% |
| 2004-11-30 | 6.04% |
| 2004-10-08 | 6.53% |
| 2004-05-31 | 7.56% |
| 2004-02-29 | 7.85% |
| 2003-11-30 | 7.64% |
| 2003-09-15 | 7.31% |
| 2003-05-31 | 6.68% |