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 2.20% is 98% above its 5-year average of 1.11%, near the high end of its 5-year range (-2.34%–4.05%).
As of the fiscal period ended Tuesday, June 30, 2026. 34.16% below its 12-month average of 3.34%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
2.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-0.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-34.16%
CURRENT VS 3Y AVG
+14.97%
CURRENT VS 5Y AVG
+97.65%
CURRENT VS 10Y AVG
+594.37%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ROIC
2.2%
ROE
-4.3%
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 | 2.20% |
| 2026-03-31 | 3.07% |
| 2025-09-30 | 4.03% |
| 2025-06-30 | 4.05% |
| 2025-03-31 | 3.51% |
| 2024-12-31 | 3.71% |
| 2024-09-30 | 3.20% |
| 2024-06-30 | 2.05% |
| 2024-03-31 | 0.67% |
| 2023-12-31 | -1.12% |
| 2023-09-30 | -1.17% |
| 2023-06-30 | -1.25% |
| 2023-03-31 | -1.45% |
| 2022-12-31 | -2.34% |
| 2022-09-30 | -2.19% |
| 2022-06-30 | -1.95% |
| 2022-03-31 | -0.59% |
| 2021-12-31 | 1.76% |
| 2021-09-30 | 2.87% |
| 2021-06-30 | 3.19% |
| 2021-03-31 | 2.10% |
| 2020-12-31 | -0.30% |
| 2020-09-30 | -0.98% |
| 2020-06-30 | -1.37% |
| 2020-03-31 | -1.03% |
| 2019-12-31 | 0.92% |
| 2019-09-30 | 0.26% |
| 2019-06-30 | -1.57% |
| 2019-03-31 | -1.70% |
| 2018-12-31 | -1.62% |
| 2018-09-30 | -2.08% |
| 2018-06-30 | -2.30% |
| 2018-03-31 | -4.90% |
| 2017-12-31 | -4.46% |
| 2017-09-30 | -4.78% |
| 2017-06-30 | -6.47% |
| 2017-03-31 | -8.43% |
| 2016-12-31 | -26.89% |
| 2016-09-30 | -36.08% |
| 2016-06-30 | -43.03% |
| 2016-03-31 | -45.49% |
| 2015-12-31 | -31.12% |
| 2015-09-30 | -56.23% |
| 2015-06-30 | -42.59% |
| 2015-03-31 | -44.13% |
| 2014-12-31 | -42.90% |
