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 9.27% is 21% below its 5-year average of 11.73%, near the low end of its 5-year range (9.18%–15.75%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.15% below its 12-month average of 9.77%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 9.27%.
RETURN ON INVESTED CAPITAL (ROIC)
9.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.22%
CURRENT VS TTM AVG
-5.15%
CURRENT VS 3Y AVG
-10.56%
CURRENT VS 5Y AVG
-20.98%
CURRENT VS 10Y AVG
-21.28%
CURRENT VS 15Y AVG
-18.71%
CURRENT VS 20Y AVG
-17.43%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-15.56%
vs the sector median at left
Packaging Corporation of America
Market Cap
$21.23B
Return on Invested Capital (ROIC)
9.27%
TTM Avg
9.77%
3Y Avg
10.36%
5Y Avg
11.73%
Market Cap
$21.11B
Return on Invested Capital (ROIC)
17.08%
TTM Avg
16.66%
3Y Avg
13.63%
5Y Avg
13.03%
Market Cap
$21.64B
Return on Invested Capital (ROIC)
10.25%
TTM Avg
9.22%
3Y Avg
9.50%
5Y Avg
9.23%
Market Cap
$20.62B
Return on Invested Capital (ROIC)
4.62%
TTM Avg
8.48%
3Y Avg
11.01%
5Y Avg
10.93%
Market Cap
$19.99B
Return on Invested Capital (ROIC)
5.43%
TTM Avg
4.04%
3Y Avg
6.56%
5Y Avg
6.92%
Market Cap
$19.98B
Return on Invested Capital (ROIC)
18.71%
TTM Avg
17.87%
3Y Avg
17.60%
5Y Avg
21.84%
Market Cap
$22.75B
Return on Invested Capital (ROIC)
31.15%
TTM Avg
19.06%
3Y Avg
15.55%
5Y Avg
15.27%
Market Cap
$23.60B
Return on Invested Capital (ROIC)
11.61%
TTM Avg
17.02%
3Y Avg
18.63%
5Y Avg
18.01%
Market Cap
$23.81B
Return on Invested Capital (ROIC)
23.11%
TTM Avg
24.69%
3Y Avg
26.34%
5Y Avg
27.55%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Packaging Corporation of America (PKG) | $21.23B | 9.27% | 9.77% | 10.36% | 11.73% |
| Ralph Lauren Corporation (RL)vs › | $21.11B | 17.08% | 16.66% | 13.63% | 13.03% |
| Casey's General Stores, Inc. (CASY)vs › | $21.64B | 10.25% | 9.22% | 9.50% | 9.23% |
| Lennar Corporation (LEN)vs › | $20.62B | 4.62% | 8.48% | 11.01% | 10.93% |
| Amcor plc (AMCR)vs › | $19.99B | 5.43% | 4.04% | 6.56% | 6.92% |
| Best Buy Co., Inc. (BBY)vs › | $19.98B | 18.71% | 17.87% | 17.60% | 21.84% |
| Tapestry, Inc. (TPR)vs › | $22.75B | 31.15% | 19.06% | 15.55% | 15.27% |
| PulteGroup, Inc. (PHM)vs › | $23.60B | 11.61% | 17.02% | 18.63% | 18.01% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.81B | 23.11% | 24.69% | 26.34% | 27.55% |
| SharkNinja, Inc. (SN)vs › | $23.92B | 19.68% | 18.43% | 14.01% | 14.11% |
ROIC
9.3%
ROE
14.8%
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 | 9.27% |
| 2026-03-31 | 9.34% |
| 2025-12-31 | 9.18% |
| 2025-09-30 | 9.48% |
| 2025-06-30 | 11.59% |
| 2025-03-31 | 11.22% |
| 2024-12-31 | 10.64% |
| 2024-09-30 | 10.49% |
| 2024-06-30 | 9.46% |
| 2024-03-31 | 9.70% |
| 2023-12-31 | 10.38% |
| 2023-09-30 | 11.41% |
| 2023-06-30 | 12.57% |
| 2023-03-31 | 14.23% |
| 2022-12-31 | 15.44% |
| 2022-09-30 | 15.75% |
| 2022-06-30 | 15.68% |
| 2022-03-31 | 14.76% |
| 2021-12-31 | 14.03% |
| 2021-09-30 | 10.98% |
| 2021-06-30 | 10.71% |
| 2021-03-31 | 9.47% |
| 2020-12-31 | 9.11% |
| 2020-09-30 | 9.71% |
| 2020-06-30 | 10.25% |
| 2020-03-31 | 11.44% |
| 2019-12-31 | 12.29% |
| 2019-09-30 | 13.05% |
| 2019-06-30 | 13.64% |
| 2019-03-31 | 13.87% |
| 2018-12-31 | 13.82% |
| 2018-09-30 | 15.54% |
| 2018-06-30 | 14.69% |
| 2018-03-31 | 14.24% |
| 2017-12-31 | 13.64% |
| 2017-09-30 | 10.75% |
| 2017-06-30 | 10.48% |
| 2017-03-31 | 10.05% |
| 2016-12-31 | 9.84% |
| 2016-09-30 | 9.78% |
| 2016-06-30 | 10.72% |
| 2016-03-31 | 10.82% |
| 2015-12-31 | 10.43% |
| 2015-09-30 | 10.15% |
| 2015-06-30 | 9.66% |
| 2015-03-31 | 9.42% |
| 2014-12-31 | 9.47% |
| 2014-09-30 | 13.09% |
| 2014-06-30 | 12.47% |
| 2014-03-31 | 11.56% |
| 2013-12-31 | 10.39% |
| 2013-09-30 | 13.07% |
| 2013-06-30 | 11.83% |
| 2013-03-31 | 11.16% |
| 2012-12-31 | 11.04% |
| 2012-09-30 | 10.50% |
| 2012-06-30 | 8.43% |
| 2012-03-31 | 9.46% |
| 2011-12-31 | 8.63% |
| 2011-09-30 | 9.94% |
| 2011-06-30 | 11.21% |
| 2011-03-31 | 11.20% |
| 2010-12-31 | 9.62% |
| 2010-09-30 | 8.53% |
| 2010-06-30 | 11.31% |
| 2010-03-31 | 15.23% |
| 2009-12-31 | 15.64% |
| 2009-09-30 | 14.35% |
| 2009-06-30 | 12.69% |
| 2009-03-31 | 8.98% |
| 2008-12-31 | 9.25% |
| 2008-09-30 | 9.88% |
| 2008-06-30 | 9.60% |
| 2008-03-31 | 10.06% |
| 2007-12-31 | 10.64% |
| 2007-09-30 | 10.48% |
| 2007-06-30 | 10.24% |
| 2007-03-31 | 9.60% |
| 2006-12-31 | 8.60% |
| 2006-09-30 | 6.61% |
| 2006-06-30 | 4.66% |
| 2006-03-31 | 4.31% |
| 2005-12-31 | 4.20% |
| 2005-09-30 | 5.56% |
| 2005-06-30 | 6.31% |
| 2005-03-31 | 5.45% |
| 2004-12-31 | 4.48% |
| 2004-09-30 | 3.69% |
| 2004-06-30 | 5.28% |
| 2004-03-31 | 5.64% |
| 2003-12-31 | 7.40% |
| 2003-09-30 | 7.47% |
| 2003-06-30 | 4.99% |
