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 4.77% is 38% above its 5-year average of 3.46%, near the high end of its 5-year range (-0.21%–5.40%).
As of the fiscal period ended Saturday, August 29, 2026. 35.15% above its 12-month average of 3.53%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-08-29): 4.77%.
RETURN ON INVESTED CAPITAL (ROIC)
4.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.01%
CURRENT VS TTM AVG
+35.15%
CURRENT VS 3Y AVG
+19.76%
CURRENT VS 5Y AVG
+37.97%
CURRENT VS 10Y AVG
-41.99%
CURRENT VS 15Y AVG
-46.89%
CURRENT VS 20Y AVG
-52.33%
SECTOR MEDIAN · CONSUMER CYCLICAL
3.85%
median of 302 covered companies
CURRENT VS SECTOR MEDIAN
+23.98%
vs the sector median at left
MillerKnoll, Inc.
Market Cap
$1.42B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
3.53%
3Y Avg
3.99%
5Y Avg
3.46%
Market Cap
$1.40B
Return on Invested Capital (ROIC)
6.79%
TTM Avg
7.53%
3Y Avg
13.89%
5Y Avg
16.76%
Market Cap
$1.40B
Return on Invested Capital (ROIC)
2.12%
TTM Avg
1.43%
3Y Avg
3.32%
5Y Avg
4.52%
Market Cap
$1.36B
Return on Invested Capital (ROIC)
3.04%
TTM Avg
4.34%
3Y Avg
4.22%
5Y Avg
3.69%
Market Cap
$1.34B
Return on Invested Capital (ROIC)
3.86%
TTM Avg
2.52%
3Y Avg
-0.25%
5Y Avg
2.94%
Market Cap
$1.33B
Return on Invested Capital (ROIC)
-67.71%
TTM Avg
-44.45%
3Y Avg
-41.78%
5Y Avg
-39.45%
Market Cap
$1.33B
Return on Invested Capital (ROIC)
11.85%
TTM Avg
10.07%
3Y Avg
12.86%
5Y Avg
11.06%
Market Cap
$1.28B
Return on Invested Capital (ROIC)
5.10%
TTM Avg
4.83%
3Y Avg
2.61%
5Y Avg
-0.16%
Market Cap
$1.26B
Return on Invested Capital (ROIC)
-0.33%
TTM Avg
1.58%
3Y Avg
3.12%
5Y Avg
5.99%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MillerKnoll, Inc. (MLKN) | $1.42B | 4.77% | 3.53% | 3.99% | 3.46% |
| Arhaus, Inc. (ARHS)vs › | $1.40B | 6.79% | 7.53% | 13.89% | 16.76% |
| TriMas Corporation (TRS)vs › | $1.40B | 2.12% | 1.43% | 3.32% | 4.52% |
| The Goodyear Tire & Rubber Company (GT)vs › | $1.36B | 3.04% | 4.34% | 4.22% | 3.69% |
| National Vision Holdings, Inc. (EYE)vs › | $1.34B | 3.86% | 2.52% | -0.25% | 2.94% |
| Lucid Group, Inc. (LCID)vs › | $1.33B | -67.71% | -44.45% | -41.78% | -39.45% |
| Liquidity Services, Inc. (LQDT)vs › | $1.33B | 11.85% | 10.07% | 12.86% | 11.06% |
| BJ's Restaurants, Inc. (BJRI)vs › | $1.28B | 5.10% | 4.83% | 2.61% | -0.16% |
| Cracker Barrel Old Country Store (CBRL)vs › | $1.26B | -0.33% | 1.58% | 3.12% | 5.99% |
| XPEL, Inc. (XPEL)vs › | $1.25B | 14.04% | 17.58% | 21.47% | 23.38% |
ROIC
4.8%
ROE
7.2%
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) |
|---|---|
| 2026-08-29 | 4.77% |
| 2026-05-30 | 4.80% |
| 2026-02-28 | 3.58% |
| 2025-11-29 | 2.78% |
| 2025-08-30 | 1.73% |
| 2025-05-31 | 2.00% |
| 2025-03-01 | 1.91% |
| 2024-11-30 | 4.75% |
| 2024-08-31 | 4.84% |
| 2024-06-01 | 5.40% |
| 2024-03-02 | 5.04% |
| 2023-12-02 | 5.09% |
| 2023-09-02 | 5.13% |
| 2023-05-31 | 5.13% |
| 2023-03-04 | 4.01% |
| 2022-12-03 | 3.73% |
| 2022-09-03 | 2.85% |
| 2022-05-31 | 1.29% |
| 2022-02-26 | -0.21% |
| 2021-11-27 | 0.58% |
| 2021-08-28 | 1.72% |
| 2021-05-31 | 11.87% |
| 2021-02-27 | 8.00% |
| 2020-11-28 | 8.12% |
| 2020-08-29 | 8.31% |
| 2020-05-31 | 12.19% |
| 2020-02-29 | 13.59% |
| 2019-11-30 | 14.26% |
| 2019-08-31 | 14.04% |
| 2019-05-31 | 15.21% |
| 2019-03-02 | 14.01% |
| 2018-12-01 | 13.51% |
| 2018-09-01 | 13.18% |
| 2018-05-31 | 13.14% |
| 2018-03-03 | 13.65% |
| 2017-12-02 | 14.59% |
| 2017-09-02 | 14.71% |
| 2017-05-31 | 15.26% |
| 2017-03-04 | 15.43% |
| 2016-12-03 | 16.46% |
| 2016-09-03 | 16.90% |
| 2016-05-31 | 17.45% |
| 2016-02-27 | 15.81% |
| 2015-11-28 | 14.83% |
| 2015-08-29 | 14.10% |
| 2015-05-31 | 13.16% |
| 2015-02-28 | 11.91% |
| 2014-11-29 | 11.89% |
| 2014-08-30 | -3.01% |
| 2014-05-31 | -3.77% |
| 2014-03-01 | -2.42% |
| 2013-11-30 | -3.48% |
| 2013-08-31 | 12.41% |
| 2013-05-31 | 12.44% |
| 2013-03-02 | 11.42% |
| 2012-12-01 | 11.15% |
| 2012-09-01 | 14.13% |
| 2012-05-31 | 15.38% |
| 2012-03-03 | 15.08% |
| 2011-12-03 | 16.31% |
| 2011-09-03 | 16.06% |
| 2011-05-31 | 15.31% |
| 2011-02-26 | 13.42% |
| 2010-11-27 | 12.00% |
| 2010-08-28 | 10.04% |
| 2010-05-31 | 9.44% |
| 2010-02-27 | 9.85% |
| 2009-11-28 | 12.05% |
| 2009-08-29 | 15.75% |
| 2009-05-31 | 18.57% |
| 2009-02-28 | 25.90% |
| 2008-11-29 | 30.37% |
| 2008-08-30 | 33.46% |
| 2008-05-31 | 35.20% |
| 2008-03-01 | 35.68% |
| 2007-12-01 | 36.99% |
| 2007-09-01 | 35.62% |
| 2007-05-31 | 35.53% |
| 2007-03-03 | 31.73% |
| 2006-12-02 | 89.43% |
| 2006-09-02 | 95.43% |
| 2006-05-31 | 89.11% |
| 2006-03-04 | 81.88% |
| 2005-12-03 | 21.99% |
| 2005-09-03 | 19.03% |
| 2005-05-31 | 17.12% |
| 2005-02-26 | 16.39% |
| 2004-11-27 | 14.90% |
| 2004-08-28 | 14.04% |
| 2004-05-31 | 12.05% |
| 2004-02-28 | 8.84% |
| 2003-11-29 | 7.15% |
| 2003-08-30 | 7.26% |
