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 1.78% is 25% below its 5-year average of 2.39%, around the middle of its 5-year range (1.28%–2.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.78% above its 12-month average of 1.67%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 1.78%.
RETURN ON INVESTED CAPITAL (ROIC)
1.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+6.78%
CURRENT VS 3Y AVG
-16.87%
CURRENT VS 5Y AVG
-25.38%
CURRENT VS 10Y AVG
-24.22%
CURRENT VS 15Y AVG
-11.85%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
3.56%
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
-49.93%
vs the sector median at left
Gladstone Land Corporation
Market Cap
$422.74M
Return on Invested Capital (ROIC)
1.78%
TTM Avg
1.67%
3Y Avg
2.14%
5Y Avg
2.39%
Market Cap
$389.16M
Return on Invested Capital (ROIC)
0.68%
TTM Avg
0.99%
3Y Avg
1.03%
5Y Avg
0.85%
Market Cap
$485.58M
Return on Invested Capital (ROIC)
2.97%
TTM Avg
2.73%
3Y Avg
2.46%
5Y Avg
4.30%
Market Cap
$352.03M
Return on Invested Capital (ROIC)
1.46%
TTM Avg
1.46%
3Y Avg
1.46%
5Y Avg
1.46%
Market Cap
$564.34M
Return on Invested Capital (ROIC)
5.40%
TTM Avg
4.82%
3Y Avg
4.55%
5Y Avg
4.15%
Market Cap
$268.57M
Return on Invested Capital (ROIC)
0.75%
TTM Avg
-3.25%
3Y Avg
-2.24%
5Y Avg
-2.24%
Market Cap
$621.79M
Return on Invested Capital (ROIC)
5.40%
TTM Avg
4.82%
3Y Avg
4.55%
5Y Avg
4.15%
Market Cap
$648.26M
Return on Invested Capital (ROIC)
-4.10%
TTM Avg
-9.05%
3Y Avg
-2.87%
5Y Avg
4.11%
Market Cap
$191.53M
Return on Invested Capital (ROIC)
19.19%
TTM Avg
16.66%
3Y Avg
18.50%
5Y Avg
16.40%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Gladstone Land Corporation (LAND) | $422.74M | 1.78% | 1.67% | 2.14% | 2.39% |
| FRP Holdings, Inc. (FRPH)vs › | $389.16M | 0.68% | 0.99% | 1.03% | 0.85% |
| Industrial Logistics Properties Trust (ILPT)vs › | $485.58M | 2.97% | 2.73% | 2.46% | 4.30% |
| Office Properties Income Trust (OPI)vs › | $352.03M | 1.46% | 1.46% | 1.46% | 1.46% |
| Gladstone Commercial Corporation (GOODO)vs › | $564.34M | 5.40% | 4.82% | 4.55% | 4.15% |
| National Healthcare Properties, Inc. (NHP) (NHP)vs › | $268.57M | 0.75% | -3.25% | -2.24% | -2.24% |
| Gladstone Commercial Corporation (GOOD)vs › | $621.79M | 5.40% | 4.82% | 4.55% | 4.15% |
| AGNT, Inc. (AGNT)vs › | $648.26M | -4.10% | -9.05% | -2.87% | 4.11% |
| Comstock Holding Companies, Inc. (CHCI)vs › | $191.53M | 19.19% | 16.66% | 18.50% | 16.40% |
| Adamas Trust, Inc. (ADAM)vs › | $700.51M | N/A | N/A | N/A | N/A |
ROIC
1.8%
ROE
-1.0%
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 | 1.78% |
| 2026-03-31 | 1.76% |
| 2025-12-31 | 1.94% |
| 2025-09-30 | 1.28% |
| 2025-06-30 | 1.59% |
| 2025-03-31 | 2.20% |
| 2024-12-31 | 2.43% |
| 2024-09-30 | 2.54% |
| 2024-06-30 | 2.49% |
| 2024-03-31 | 2.46% |
| 2023-12-31 | 2.44% |
| 2023-09-30 | 2.46% |
| 2023-06-30 | 2.50% |
| 2023-03-31 | 2.52% |
| 2022-12-31 | 2.42% |
| 2022-09-30 | 2.46% |
| 2022-06-30 | 2.36% |
| 2022-03-31 | 2.35% |
| 2021-12-31 | 2.37% |
| 2021-09-30 | 2.32% |
| 2021-06-30 | 2.34% |
| 2021-03-31 | 2.37% |
| 2020-12-31 | 2.62% |
| 2020-09-30 | 3.13% |
| 2020-06-30 | 3.01% |
| 2020-03-31 | 2.81% |
| 2019-12-31 | 2.40% |
| 2019-09-30 | 2.18% |
| 2019-06-30 | 2.29% |
| 2019-03-31 | 2.21% |
| 2018-12-31 | 2.18% |
| 2018-09-30 | 2.30% |
| 2018-06-30 | 2.40% |
| 2018-03-31 | 2.49% |
| 2017-12-31 | 2.51% |
| 2017-09-30 | 2.37% |
| 2017-06-30 | 1.28% |
| 2017-03-31 | 1.18% |
| 2016-12-31 | 1.17% |
| 2016-09-30 | 1.11% |
| 2016-06-30 | 1.23% |
| 2016-03-31 | 1.11% |
| 2015-12-31 | 2.02% |
| 2015-09-30 | 1.61% |
| 2015-06-30 | 1.33% |
| 2015-03-31 | 1.27% |
| 2014-12-31 | 1.07% |
| 2014-09-30 | 0.78% |
| 2014-06-30 | 1.50% |
| 2014-03-31 | 0.84% |
| 2013-12-31 | 0.81% |
| 2013-09-30 | 1.16% |
| 2013-06-30 | 1.29% |
| 2013-03-31 | 1.36% |
| 2012-12-31 | 3.21% |
| 2012-09-30 | 3.07% |
| 2012-06-30 | 2.55% |