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 9.52% is 402% above its 5-year average of -3.15%, near the high end of its 5-year range (-16.60%–9.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 310.47% above its 12-month average of -4.52%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 9.52%.
RETURN ON INVESTED CAPITAL (ROIC)
9.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-4.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-3.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-3.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+310.47%
CURRENT VS 3Y AVG
+291.79%
CURRENT VS 5Y AVG
+402.17%
CURRENT VS 10Y AVG
+341.07%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
4.82%
median of 266 covered companies
CURRENT VS SECTOR MEDIAN
+97.44%
vs the sector median at left
Noodles & Company
Market Cap
$79.96M
Return on Invested Capital (ROIC)
9.52%
TTM Avg
-4.52%
3Y Avg
-4.96%
5Y Avg
-3.15%
Market Cap
$80.40M
Return on Invested Capital (ROIC)
1.46%
TTM Avg
3.47%
3Y Avg
6.34%
5Y Avg
7.43%
Market Cap
$77.22M
Return on Invested Capital (ROIC)
8.62%
TTM Avg
3.88%
3Y Avg
2.63%
5Y Avg
4.75%
Market Cap
$76.10M
Return on Invested Capital (ROIC)
3.14%
TTM Avg
-7.70%
3Y Avg
-0.89%
5Y Avg
0.83%
Market Cap
$73.71M
Return on Invested Capital (ROIC)
5.33%
TTM Avg
4.35%
3Y Avg
3.84%
5Y Avg
-0.20%
Market Cap
$88.54M
Return on Invested Capital (ROIC)
-8.38%
TTM Avg
-0.56%
3Y Avg
3.32%
5Y Avg
16.04%
Market Cap
$89.95M
Return on Invested Capital (ROIC)
-25.80%
TTM Avg
-850.00%
3Y Avg
-532.21%
5Y Avg
-521.82%
Market Cap
$68.76M
Return on Invested Capital (ROIC)
-18.93%
TTM Avg
-43.61%
3Y Avg
-28.08%
5Y Avg
-19.48%
Market Cap
$67.92M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-8.47%
3Y Avg
4.23%
5Y Avg
4.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Noodles & Company (NDLS) | $79.96M | 9.52% | -4.52% | -4.96% | -3.15% |
| Canterbury Park Holding Corporation (CPHC)vs › | $80.40M | 1.46% | 3.47% | 6.34% | 7.43% |
| Jerash Holdings (US), Inc. (JRSH)vs › | $77.22M | 8.62% | 3.88% | 2.63% | 4.75% |
| FST Corp. (KBSX)vs › | $76.10M | 3.14% | -7.70% | -0.89% | 0.83% |
| Regis Corporation (RGS)vs › | $73.71M | 5.33% | 4.35% | 3.84% | -0.20% |
| Brilliant Earth Group, Inc. (BRLT)vs › | $88.54M | -8.38% | -0.56% | 3.32% | 16.04% |
| Empery Digital Inc. (EMPD)vs › | $89.95M | -25.80% | -850.00% | -532.21% | -521.82% |
| CarParts.com, Inc. (PRTS)vs › | $68.76M | -18.93% | -43.61% | -28.08% | -19.48% |
| MasterBeef Group (MB)vs › | $67.92M | N/A | -8.47% | 4.23% | 4.23% |
| GrowGeneration Corp. (GRWG)vs › | $93.74M | -16.13% | -26.85% | -35.70% | -23.02% |
ROIC
9.5%
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 | 9.52% |
| 2026-03-31 | 1.76% |
| 2025-12-30 | -2.55% |
| 2025-09-30 | -16.60% |
| 2025-07-01 | -14.73% |
| 2025-04-01 | -12.06% |
| 2024-12-31 | -10.73% |
| 2024-10-01 | -9.45% |
| 2024-07-02 | -6.60% |
| 2024-04-02 | -2.15% |
| 2023-12-31 | -1.67% |
| 2023-10-03 | 0.46% |
| 2023-07-04 | 0.29% |
| 2023-04-04 | 0.59% |
| 2022-12-31 | -0.30% |
| 2022-09-27 | -2.53% |
| 2022-06-28 | -1.20% |
| 2022-03-29 | 0.41% |
| 2021-12-31 | 2.14% |
| 2021-09-28 | 2.42% |
| 2021-06-29 | 0.75% |
| 2021-03-30 | -5.88% |
| 2020-12-31 | -6.75% |
| 2020-09-29 | -5.41% |
| 2020-06-30 | -3.34% |
| 2020-03-31 | 0.46% |
| 2019-12-31 | 1.59% |
| 2019-10-01 | 1.83% |
| 2019-07-02 | 0.98% |
| 2019-04-02 | -0.65% |
| 2018-12-31 | -2.69% |
| 2018-10-02 | -3.23% |
| 2018-07-03 | -10.57% |
| 2018-04-03 | -7.73% |
| 2017-12-31 | -23.95% |
| 2017-10-03 | -52.64% |
| 2017-07-04 | -51.52% |
| 2017-04-04 | -58.44% |
| 2016-12-31 | -42.09% |
| 2016-09-27 | -14.54% |
| 2016-06-28 | -17.45% |
| 2016-03-31 | -9.21% |
| 2015-12-31 | -10.18% |
| 2015-09-29 | -4.52% |
| 2015-06-30 | 3.40% |
| 2015-03-31 | 3.68% |
| 2014-12-31 | 5.47% |
| 2014-09-30 | 5.50% |
| 2014-07-01 | 6.24% |
| 2014-04-01 | 4.89% |
| 2013-12-31 | 5.72% |
| 2013-10-01 | 5.15% |
| 2013-07-02 | 5.07% |
| 2013-03-31 | 6.68% |
| 2012-12-31 | 7.38% |