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 23.26% is 25% above its 5-year average of 18.66%, near the high end of its 5-year range (11.43%–23.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.55% above its 12-month average of 19.45%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 23.26%.
RETURN ON INVESTED CAPITAL (ROIC)
23.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
19.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
18.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
18.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
14.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.88%
CURRENT VS TTM AVG
+19.55%
CURRENT VS 3Y AVG
+24.53%
CURRENT VS 5Y AVG
+24.66%
CURRENT VS 10Y AVG
+64.06%
CURRENT VS 15Y AVG
+98.18%
CURRENT VS 20Y AVG
+161.79%
SECTOR MEDIAN · COMMUNICATION SERVICES
6.70%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
+247.13%
vs the sector median at left
Match Group, Inc.
Market Cap
$9.76B
Return on Invested Capital (ROIC)
23.26%
TTM Avg
19.45%
3Y Avg
18.68%
5Y Avg
18.66%
Market Cap
$9.34B
Return on Invested Capital (ROIC)
-5.19%
TTM Avg
-9.98%
3Y Avg
-15.23%
5Y Avg
-15.20%
Market Cap
$11.29B
Return on Invested Capital (ROIC)
-15.75%
TTM Avg
-5.76%
3Y Avg
-4.18%
5Y Avg
-4.18%
Market Cap
$11.95B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
Market Cap
$7.51B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
-2.04%
3Y Avg
-2.45%
5Y Avg
-0.69%
Market Cap
$6.57B
Return on Invested Capital (ROIC)
12.51%
TTM Avg
11.80%
3Y Avg
7.97%
5Y Avg
8.37%
Market Cap
$14.22B
Return on Invested Capital (ROIC)
6.70%
TTM Avg
4.86%
3Y Avg
7.34%
5Y Avg
8.06%
Market Cap
$4.98B
Return on Invested Capital (ROIC)
6.43%
TTM Avg
7.54%
3Y Avg
5.59%
5Y Avg
4.16%
Market Cap
$3.49B
Return on Invested Capital (ROIC)
0.21%
TTM Avg
0.14%
3Y Avg
-0.04%
5Y Avg
1.07%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Match Group, Inc. (MTCH) | $9.76B | 23.26% | 19.45% | 18.68% | 18.66% |
| Snap Inc. (SNAP)vs › | $9.34B | -5.19% | -9.98% | -15.23% | -15.20% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.29B | -15.75% | -5.76% | -4.18% | -4.18% |
| Pinterest, Inc. (PINS)vs › | $11.95B | 5.38% | 4.75% | 0.70% | 1.11% |
| Zillow Group, Inc. Class C (Z)vs › | $7.51B | 0.23% | -2.04% | -2.45% | -0.69% |
| The Trade Desk, Inc. (TTD)vs › | $6.57B | 12.51% | 11.80% | 7.97% | 8.37% |
| TKO Group Holdings, Inc. (TKO)vs › | $14.22B | 6.70% | 4.86% | 7.34% | 8.06% |
| Iridium Communications Inc. (IRDM)vs › | $4.98B | 6.43% | 7.54% | 5.59% | 4.16% |
| Liberty Global plc (LBTYA)vs › | $3.49B | 0.21% | 0.14% | -0.04% | 1.07% |
| News Corporation (NWSA)vs › | $16.49B | 5.72% | 5.46% | 4.42% | 4.67% |
ROIC
23.3%
ROE
N/A
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 | 23.26% |
| 2026-03-31 | 19.60% |
| 2025-12-31 | 18.50% |
| 2025-09-30 | 16.73% |
| 2025-06-30 | 19.18% |
| 2025-03-31 | 18.99% |
| 2024-12-31 | 16.46% |
| 2024-09-30 | 18.80% |
| 2024-06-30 | 19.68% |
| 2024-03-31 | 19.80% |
| 2023-12-31 | 19.34% |
| 2023-09-30 | 16.98% |
| 2023-06-30 | 15.49% |
| 2023-03-31 | 11.43% |
| 2022-12-31 | 13.62% |
| 2022-09-30 | 19.07% |
| 2022-06-30 | 17.94% |
| 2022-03-31 | 21.47% |
| 2021-12-31 | 21.32% |
| 2021-09-30 | 18.10% |
| 2021-06-30 | 18.80% |
| 2021-03-31 | 25.97% |
| 2020-12-31 | 27.38% |
| 2020-09-30 | 30.33% |
| 2020-06-30 | 36.26% |
| 2020-03-31 | 8.65% |
| 2019-12-31 | 7.89% |
| 2019-09-30 | 7.61% |
| 2019-06-30 | 7.35% |
| 2019-03-31 | 8.86% |
| 2018-12-31 | 9.36% |
| 2018-09-30 | 9.31% |
| 2018-06-30 | 6.18% |
| 2018-03-31 | 4.63% |
| 2017-12-31 | 3.71% |
| 2017-09-30 | 4.40% |
| 2017-06-30 | 7.58% |
| 2017-03-31 | -0.43% |
| 2016-12-31 | -0.83% |
| 2016-09-30 | -3.80% |
| 2016-06-30 | -3.72% |
| 2016-03-31 | 3.06% |
| 2015-12-31 | 3.18% |
| 2015-09-30 | 6.39% |
| 2015-06-30 | 8.99% |
| 2015-03-31 | 9.41% |
| 2014-12-31 | 9.14% |
| 2014-09-30 | 9.67% |
| 2014-06-30 | 6.83% |
| 2014-03-31 | 7.64% |
| 2013-12-31 | 7.91% |
| 2013-09-30 | 8.00% |
| 2013-06-30 | 6.76% |
| 2013-03-31 | 6.70% |
| 2012-12-31 | 5.95% |
| 2012-09-30 | 6.53% |
| 2012-06-30 | 7.81% |
| 2012-03-31 | 7.56% |
| 2011-12-31 | 6.88% |
| 2011-09-30 | 4.15% |
| 2011-06-30 | 2.09% |
| 2011-03-31 | 1.47% |
| 2010-12-31 | 0.89% |
| 2010-09-30 | -29.54% |
| 2010-06-30 | -29.58% |
| 2010-03-31 | -29.52% |
| 2009-12-31 | -28.41% |
| 2009-09-30 | -0.61% |
| 2009-06-30 | -1.48% |
| 2009-03-31 | -9.32% |
| 2008-12-31 | -7.42% |
| 2008-09-30 | -16.08% |
| 2008-06-30 | -5.95% |
| 2008-03-31 | -1.62% |
| 2007-12-31 | -1.42% |
| 2007-09-30 | 1.34% |
| 2007-06-30 | 1.31% |
| 2007-03-31 | 1.39% |
| 2006-12-31 | 1.31% |
| 2006-09-30 | 2.39% |
| 2006-06-30 | 2.01% |
| 2006-03-31 | 2.41% |
| 2005-12-31 | 2.61% |
| 2005-09-30 | 1.25% |
| 2005-06-30 | 1.20% |
| 2005-03-31 | 0.86% |
| 2004-12-31 | 0.63% |
| 2004-09-30 | 1.40% |
| 2004-06-30 | 1.06% |
| 2004-03-31 | 1.06% |
| 2003-12-31 | 1.16% |
| 2003-09-30 | 1.40% |
| 2003-06-30 | 1.63% |