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 4.87% is 31% above its 5-year average of 3.71%, near the low end of its 5-year range (1.09%–27.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 28.24% above its 12-month average of 3.80%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.87%.
RETURN ON INVESTED CAPITAL (ROIC)
4.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+28.24%
CURRENT VS 3Y AVG
+77.00%
CURRENT VS 5Y AVG
+31.23%
CURRENT VS 10Y AVG
-11.17%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
3.65%
median of 97 covered companies
CURRENT VS SECTOR MEDIAN
+33.46%
vs the sector median at left
Newmark Group, Inc.
Market Cap
$1.96B
Return on Invested Capital (ROIC)
4.87%
TTM Avg
3.80%
3Y Avg
2.75%
5Y Avg
3.71%
Market Cap
$1.98B
Return on Invested Capital (ROIC)
2.90%
TTM Avg
10.63%
3Y Avg
16.73%
5Y Avg
19.63%
Market Cap
$2.09B
Return on Invested Capital (ROIC)
2.97%
TTM Avg
2.58%
3Y Avg
3.07%
5Y Avg
1.55%
Market Cap
$1.82B
Return on Invested Capital (ROIC)
-0.74%
TTM Avg
1.80%
3Y Avg
1.44%
5Y Avg
1.87%
Market Cap
$2.20B
Return on Invested Capital (ROIC)
-26.19%
TTM Avg
-11.84%
3Y Avg
-12.27%
5Y Avg
-10.65%
Market Cap
$2.53B
Return on Invested Capital (ROIC)
5.96%
TTM Avg
5.55%
3Y Avg
6.36%
5Y Avg
4.05%
Market Cap
$2.69B
Return on Invested Capital (ROIC)
-20.71%
TTM Avg
-14.37%
3Y Avg
-14.37%
5Y Avg
-14.37%
Market Cap
$1.08B
Return on Invested Capital (ROIC)
5.61%
TTM Avg
5.61%
3Y Avg
-18.39%
5Y Avg
-18.39%
Market Cap
$949.35M
Return on Invested Capital (ROIC)
5.40%
TTM Avg
4.82%
3Y Avg
4.55%
5Y Avg
4.15%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmark Group, Inc. (NMRK) | $1.96B | 4.87% | 3.80% | 2.75% | 3.71% |
| Uniti Group Inc. (UNIT)vs › | $1.98B | 2.90% | 10.63% | 16.73% | 19.63% |
| Sunstone Hotel Investors, Inc. (SHO)vs › | $2.09B | 2.97% | 2.58% | 3.07% | 1.55% |
| Diversified Healthcare Trust (DHC)vs › | $1.82B | -0.74% | 1.80% | 1.44% | 1.87% |
| Opendoor Technologies Inc. (OPEN)vs › | $2.20B | -26.19% | -11.84% | -12.27% | -10.65% |
| DiamondRock Hospitality Company (DRH)vs › | $2.53B | 5.96% | 5.55% | 6.36% | 4.05% |
| Fermi Inc. Common Stock (FRMI)vs › | $2.69B | -20.71% | -14.37% | -14.37% | -14.37% |
| Hotel101 Global Holdings Corp. (HBNB)vs › | $1.08B | 5.61% | 5.61% | -18.39% | -18.39% |
| Gladstone Commercial Corp Pref (GOODN)vs › | $949.35M | 5.40% | 4.82% | 4.55% | 4.15% |
| Park Hotels & Resorts Inc. (PK)vs › | $3.07B | 4.43% | 3.75% | 3.40% | 0.02% |
ROIC
4.9%
ROE
10.3%
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 | 4.87% |
| 2026-03-31 | 4.01% |
| 2025-12-31 | 3.60% |
| 2025-09-30 | 3.64% |
| 2025-06-30 | 2.88% |
| 2025-03-31 | 3.06% |
| 2024-12-31 | 2.88% |
| 2024-09-30 | 2.18% |
| 2024-06-30 | 1.99% |
| 2024-03-31 | 1.82% |
| 2023-12-31 | 2.17% |
| 2023-09-30 | 1.09% |
| 2023-06-30 | 1.60% |
| 2023-03-31 | 3.27% |
| 2022-12-31 | 4.43% |
| 2022-09-30 | 8.01% |
| 2022-06-30 | 11.62% |
| 2022-03-31 | 27.00% |
| 2021-12-31 | 23.85% |
| 2021-09-30 | 18.74% |
| 2021-06-30 | 22.48% |
| 2021-03-31 | 5.03% |
| 2020-12-31 | 4.08% |
| 2020-09-30 | 3.16% |
| 2020-06-30 | 4.17% |
| 2020-03-31 | 5.53% |
| 2019-12-31 | 7.74% |
| 2019-09-30 | 9.12% |
| 2019-06-30 | 8.54% |
| 2019-03-31 | 7.50% |
| 2018-12-31 | 8.18% |
| 2018-09-30 | 4.40% |
| 2018-06-30 | 4.78% |
| 2018-03-31 | 5.97% |
| 2017-12-31 | 7.50% |
| 2017-09-30 | 11.31% |
| 2017-06-30 | 9.38% |
| 2016-12-31 | 11.83% |
| 2016-09-30 | 10.60% |
