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 18.56% is 22% above its 5-year average of 15.21%, near the high end of its 5-year range (9.58%–18.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.02% above its 12-month average of 16.57%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 18.56%.
RETURN ON INVESTED CAPITAL (ROIC)
18.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
16.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
15.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.94%
CURRENT VS TTM AVG
+12.02%
CURRENT VS 3Y AVG
+17.99%
CURRENT VS 5Y AVG
+22.01%
CURRENT VS 10Y AVG
+65.37%
CURRENT VS 15Y AVG
+92.17%
CURRENT VS 20Y AVG
+86.65%
SECTOR MEDIAN · CONSUMER CYCLICAL
4.74%
median of 272 covered companies
CURRENT VS SECTOR MEDIAN
+291.60%
vs the sector median at left
Monarch Casino & Resort, Inc.
Market Cap
$2.13B
Return on Invested Capital (ROIC)
18.56%
TTM Avg
16.57%
3Y Avg
15.73%
5Y Avg
15.21%
Market Cap
$2.12B
Return on Invested Capital (ROIC)
-3.49%
TTM Avg
1.28%
3Y Avg
0.95%
5Y Avg
1.01%
Market Cap
$2.09B
Return on Invested Capital (ROIC)
-114.56%
TTM Avg
-112.63%
3Y Avg
-98.83%
5Y Avg
-98.83%
Market Cap
$2.07B
Return on Invested Capital (ROIC)
12.08%
TTM Avg
4.86%
3Y Avg
-21.18%
5Y Avg
-30.63%
Market Cap
$2.19B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
7.52%
3Y Avg
9.63%
5Y Avg
9.84%
Market Cap
$2.20B
Return on Invested Capital (ROIC)
4.52%
TTM Avg
4.08%
3Y Avg
4.48%
5Y Avg
5.26%
Market Cap
$2.24B
Return on Invested Capital (ROIC)
22.24%
TTM Avg
26.25%
3Y Avg
27.78%
5Y Avg
34.33%
Market Cap
$1.96B
Return on Invested Capital (ROIC)
9.42%
TTM Avg
4.95%
3Y Avg
4.08%
5Y Avg
3.22%
Market Cap
$2.36B
Return on Invested Capital (ROIC)
13.60%
TTM Avg
11.98%
3Y Avg
8.73%
5Y Avg
-2.18%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Monarch Casino & Resort, Inc. (MCRI) | $2.13B | 18.56% | 16.57% | 15.73% | 15.21% |
| PENN Entertainment, Inc. (PENN)vs › | $2.12B | -3.49% | 1.28% | 0.95% | 1.01% |
| Polibeli Group Ltd (PLBL)vs › | $2.09B | -114.56% | -112.63% | -98.83% | -98.83% |
| Peloton Interactive, Inc. (PTON)vs › | $2.07B | 12.08% | 4.86% | -21.18% | -30.63% |
| Patrick Industries, Inc. (PATK)vs › | $2.19B | 7.20% | 7.52% | 9.63% | 9.84% |
| Kohl's Corporation (KSS)vs › | $2.20B | 4.52% | 4.08% | 4.48% | 5.26% |
| The Buckle, Inc. (BKE)vs › | $2.24B | 22.24% | 26.25% | 27.78% | 34.33% |
| Driven Brands Holdings Inc. (DRVN)vs › | $1.96B | 9.42% | 4.95% | 4.08% | 3.22% |
| OneSpaWorld Holdings Ltd (OSW)vs › | $2.36B | 13.60% | 11.98% | 8.73% | -2.18% |
| Lindblad Expeditions Holdings, Inc. (LIND)vs › | $2.36B | 11.40% | 6.62% | 0.47% | -5.36% |
ROIC
18.6%
ROE
19.9%
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 | 18.56% |
| 2026-03-31 | 18.87% |
| 2025-12-31 | 17.72% |
| 2025-09-30 | 13.92% |
| 2025-06-30 | 13.78% |
| 2025-03-31 | 13.18% |
| 2024-12-31 | 13.43% |
| 2024-09-30 | 16.04% |
| 2024-06-30 | 15.42% |
| 2024-03-31 | 15.63% |
| 2023-12-31 | 15.41% |
| 2023-09-30 | 16.10% |
| 2023-06-30 | 16.45% |
| 2023-03-31 | 16.15% |
| 2022-12-31 | 15.37% |
| 2022-09-30 | 15.19% |
| 2022-06-30 | 14.09% |
| 2022-03-31 | 14.10% |
| 2021-12-31 | 12.67% |
| 2021-09-30 | 12.18% |
| 2021-06-30 | 9.58% |
| 2021-03-31 | 4.33% |
| 2020-12-31 | 2.66% |
| 2020-09-30 | 2.66% |
| 2020-06-30 | 2.35% |
| 2020-03-31 | 4.84% |
| 2019-12-31 | 5.71% |
| 2019-09-30 | 6.53% |
| 2019-06-30 | 7.35% |
| 2019-03-31 | 7.90% |
| 2018-12-31 | 8.65% |
| 2018-09-30 | 8.74% |
| 2018-06-30 | 9.40% |
| 2018-03-31 | 9.45% |
| 2017-12-31 | 8.94% |
| 2017-09-30 | 9.87% |
| 2017-06-30 | 9.85% |
| 2017-03-31 | 9.55% |
| 2016-12-31 | 9.60% |
| 2016-09-30 | 9.21% |
| 2016-06-30 | 8.78% |
| 2016-03-31 | 8.82% |
| 2015-12-31 | 8.62% |
| 2015-09-30 | 8.53% |
| 2015-06-30 | 7.65% |
| 2015-03-31 | 7.00% |
| 2014-12-31 | 6.69% |
| 2014-09-30 | 6.09% |
| 2014-06-30 | 6.77% |
| 2014-03-31 | 8.36% |
| 2013-12-31 | 8.79% |
| 2013-09-30 | 8.57% |
| 2013-06-30 | 7.92% |
| 2013-03-31 | 5.97% |
| 2012-12-31 | 4.59% |
| 2012-09-30 | 4.16% |
| 2012-06-30 | 2.18% |
| 2012-03-31 | 4.19% |
| 2011-12-31 | 4.01% |
| 2011-09-30 | 4.15% |
| 2011-06-30 | 5.96% |
| 2011-03-31 | 5.40% |
| 2010-12-31 | 5.91% |
| 2010-09-30 | 5.64% |
| 2010-06-30 | 5.20% |
| 2010-03-31 | 4.75% |
| 2009-12-31 | 3.73% |
| 2009-09-30 | 3.89% |
| 2009-06-30 | 4.99% |
| 2009-03-31 | 5.37% |
| 2008-12-31 | 6.18% |
| 2008-09-30 | 8.50% |
| 2008-06-30 | 11.96% |
| 2008-03-31 | 16.31% |
| 2007-12-31 | 17.63% |
| 2007-09-30 | 17.32% |
| 2007-06-30 | 18.11% |
| 2007-03-31 | 17.78% |
| 2006-12-31 | 18.22% |
| 2006-09-30 | 19.05% |
| 2006-06-30 | 20.35% |
| 2006-03-31 | 22.71% |
| 2005-12-31 | 21.36% |
| 2005-09-30 | 20.72% |
| 2005-06-30 | 19.02% |
| 2005-03-31 | 18.68% |
| 2004-12-31 | 16.80% |
| 2004-09-30 | 15.65% |
| 2004-06-30 | 13.86% |
| 2004-03-31 | 11.80% |
| 2003-12-31 | 11.26% |
| 2003-09-30 | 10.98% |
| 2003-06-30 | 10.89% |
