Basis: Latest reported fiscal year. 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 9.23% is 36% below its 5-year average of 14.50%, near the low end of its 5-year range (9.23%–23.97%).
As of the fiscal period ended Wednesday, December 31, 2025. 15.90% below its 12-month average of 10.98%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-12-31.
RETURN ON INVESTED CAPITAL (ROIC)
9.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.20%
CURRENT VS TTM AVG
-15.90%
CURRENT VS 3Y AVG
-25.89%
CURRENT VS 5Y AVG
-36.34%
CURRENT VS 10Y AVG
-26.81%
CURRENT VS 15Y AVG
-5.98%
CURRENT VS 20Y AVG
-17.61%
SECTOR MEDIAN · BASIC MATERIALS
8.91%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+3.53%
vs the sector median at left
Rio Tinto Group
Market Cap
$153.66B
Return on Invested Capital (ROIC)
9.23%
TTM Avg
10.98%
3Y Avg
12.46%
5Y Avg
14.50%
Market Cap
$170.14B
Return on Invested Capital (ROIC)
26.20%
TTM Avg
21.91%
3Y Avg
19.48%
5Y Avg
18.59%
Market Cap
$127.95B
Return on Invested Capital (ROIC)
13.76%
TTM Avg
10.18%
3Y Avg
6.03%
5Y Avg
5.49%
Market Cap
$103.94B
Return on Invested Capital (ROIC)
8.80%
TTM Avg
8.30%
3Y Avg
8.88%
5Y Avg
8.51%
Market Cap
$215.85B
Return on Invested Capital (ROIC)
14.01%
TTM Avg
13.25%
3Y Avg
13.89%
5Y Avg
16.61%
Market Cap
$90.98B
Return on Invested Capital (ROIC)
9.77%
TTM Avg
7.86%
3Y Avg
7.37%
5Y Avg
6.63%
Market Cap
$217.37B
Return on Invested Capital (ROIC)
9.93%
TTM Avg
9.10%
3Y Avg
8.52%
5Y Avg
7.25%
Market Cap
$79.89B
Return on Invested Capital (ROIC)
14.59%
TTM Avg
15.02%
3Y Avg
14.74%
5Y Avg
14.56%
Market Cap
$78.66B
Return on Invested Capital (ROIC)
9.42%
TTM Avg
11.92%
3Y Avg
10.20%
5Y Avg
9.64%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rio Tinto Group (RIO) | $153.66B | 9.23% | 10.98% | 12.46% | 14.50% |
| Southern Copper Corporation (SCCO)vs › | $170.14B | 26.20% | 21.91% | 19.48% | 18.59% |
| Newmont Corporation (NEM)vs › | $127.95B | 13.76% | 10.18% | 6.03% | 5.49% |
| Freeport-McMoRan Inc. (FCX)vs › | $103.94B | 8.80% | 8.30% | 8.88% | 8.51% |
| BHP Group Limited (BHP)vs › | $215.85B | 14.01% | 13.25% | 13.89% | 16.61% |
| Johnson Controls International plc (JCI)vs › | $90.98B | 9.77% | 7.86% | 7.37% | 6.63% |
| Linde plc (LIN)vs › | $217.37B | 9.93% | 9.10% | 8.52% | 7.25% |
| The Sherwin-Williams Company (SHW)vs › | $79.89B | 14.59% | 15.02% | 14.74% | 14.56% |
| Ecolab Inc. (ECL)vs › | $78.66B | 9.42% | 11.92% | 10.20% | 9.64% |
| Barrick Mining Corporation (B)vs › | $71.85B | 17.08% | 10.16% | 7.31% | 7.34% |
ROIC
9.2%
ROE
16.1%
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) |
|---|---|
| 2025-12-31 | 9.23% |
| 2024-12-31 | 12.72% |
| 2023-12-31 | 11.64% |
| 2022-12-31 | 16.23% |
| 2021-12-31 | 23.97% |
| 2020-12-31 | 13.20% |
| 2019-12-31 | 12.88% |
| 2018-12-31 | 16.70% |
| 2017-12-31 | 11.49% |
| 2016-12-31 | 6.35% |
| 2015-12-31 | 4.32% |
| 2014-12-31 | 7.88% |
| 2013-12-31 | 4.10% |
| 2012-12-31 | -1.09% |
| 2011-12-31 | 7.23% |
| 2010-12-31 | 14.38% |
| 2009-12-31 | 6.24% |
| 2008-12-31 | 7.74% |
| 2007-12-31 | 7.52% |
| 2006-12-31 | 22.67% |
| 2005-12-31 | 19.85% |
| 2004-12-31 | 11.44% |
| 2003-12-31 | 4.97% |
| 2002-12-31 | 2.51% |
| 2001-12-31 | 5.15% |
| 2000-12-31 | 8.19% |
| 1999-12-31 | 8.26% |
| 1998-12-31 | 4.88% |
| 1997-12-31 | 7.71% |
| 1996-12-31 | 5.93% |