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 -2.85% is 289% below its 5-year average of 1.51%, near the low end of its 5-year range (-7.85%–12.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 38.36% above its 12-month average of -4.63%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -2.85%.
RETURN ON INVESTED CAPITAL (ROIC)
-2.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-4.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+38.36%
CURRENT VS 3Y AVG
+33.81%
CURRENT VS 5Y AVG
-288.62%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
8.91%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-132.00%
vs the sector median at left
MP Materials Corp.
Market Cap
$9.14B
Return on Invested Capital (ROIC)
-2.85%
TTM Avg
-4.63%
3Y Avg
-4.31%
5Y Avg
1.51%
Market Cap
$9.78B
Return on Invested Capital (ROIC)
8.44%
TTM Avg
11.70%
3Y Avg
13.68%
5Y Avg
13.68%
Market Cap
$9.93B
Return on Invested Capital (ROIC)
8.99%
TTM Avg
2.21%
3Y Avg
-1.81%
5Y Avg
-0.51%
Market Cap
$8.08B
Return on Invested Capital (ROIC)
0.42%
TTM Avg
2.23%
3Y Avg
7.28%
5Y Avg
6.92%
Market Cap
$7.13B
Return on Invested Capital (ROIC)
5.81%
TTM Avg
4.97%
3Y Avg
5.93%
5Y Avg
5.31%
Market Cap
$6.34B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
10.45%
3Y Avg
18.39%
5Y Avg
18.04%
Market Cap
$12.69B
Return on Invested Capital (ROIC)
10.97%
TTM Avg
11.50%
3Y Avg
11.54%
5Y Avg
11.16%
Market Cap
$12.75B
Return on Invested Capital (ROIC)
8.32%
TTM Avg
6.03%
3Y Avg
4.95%
5Y Avg
5.52%
Market Cap
$13.34B
Return on Invested Capital (ROIC)
27.22%
TTM Avg
28.00%
3Y Avg
28.22%
5Y Avg
27.69%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $9.14B | -2.85% | -4.63% | -4.31% | 1.51% |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.78B | 8.44% | 11.70% | 13.68% | 13.68% |
| First Majestic Silver Corp. (AG)vs › | $9.93B | 8.99% | 2.21% | -1.81% | -0.51% |
| The Mosaic Company (MOS)vs › | $8.08B | 0.42% | 2.23% | 7.28% | 6.92% |
| Arcosa, Inc. (ACA)vs › | $7.13B | 5.81% | 4.97% | 5.93% | 5.31% |
| Builders FirstSource, Inc. (BLDR)vs › | $6.34B | 3.18% | 10.45% | 18.39% | 18.04% |
| RPM International Inc. (RPM)vs › | $12.69B | 10.97% | 11.50% | 11.54% | 11.16% |
| Alcoa Corporation (AA)vs › | $12.75B | 8.32% | 6.03% | 4.95% | 5.52% |
| Masco Corporation (MAS)vs › | $13.34B | 27.22% | 28.00% | 28.22% | 27.69% |
| Carlisle Companies Incorporated (CSL)vs › | $13.34B | 14.71% | 15.71% | 14.68% | 12.21% |
ROIC
-2.9%
ROE
-3.1%
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 | -2.85% |
| 2026-03-31 | -3.59% |
| 2025-12-31 | -3.88% |
| 2025-09-30 | -5.23% |
| 2025-06-30 | -7.59% |
| 2025-03-31 | -7.85% |
| 2024-12-31 | -7.56% |
| 2024-09-30 | -7.13% |
| 2024-06-30 | -5.96% |
| 2024-03-31 | -1.90% |
| 2023-12-31 | -0.57% |
| 2023-09-30 | 2.40% |
| 2023-06-30 | 6.26% |
| 2023-03-31 | 9.89% |
| 2022-12-31 | 12.96% |
| 2022-09-30 | 12.75% |
| 2022-06-30 | 12.54% |
| 2022-03-31 | 10.80% |
| 2021-12-31 | 7.55% |
| 2021-09-30 | 6.32% |
| 2021-06-30 | 4.40% |
| 2021-03-31 | -0.89% |
| 2020-12-31 | -3.29% |
| 2020-09-30 | -31.01% |
| 2020-06-30 | -42.50% |
| 2019-12-31 | -10.17% |
