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 11.60% is 35% below its 5-year average of 17.81%, near the low end of its 5-year range (5.03%–47.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 64.27% above its 12-month average of 7.06%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
11.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
17.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.05%
CURRENT VS TTM AVG
+64.27%
CURRENT VS 3Y AVG
+35.50%
CURRENT VS 5Y AVG
-34.88%
CURRENT VS 10Y AVG
+28.06%
CURRENT VS 15Y AVG
+16.37%
CURRENT VS 20Y AVG
+4.90%
SECTOR MEDIAN · BASIC MATERIALS
9.11%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+27.28%
vs the sector median at left
Sociedad Química y Minera de Chile S.A.
Market Cap
$22.57B
Return on Invested Capital (ROIC)
11.60%
TTM Avg
7.06%
3Y Avg
8.56%
5Y Avg
17.81%
Market Cap
$22.19B
Return on Invested Capital (ROIC)
8.58%
TTM Avg
7.97%
3Y Avg
7.75%
5Y Avg
8.08%
Market Cap
$22.05B
Return on Invested Capital (ROIC)
-0.06%
TTM Avg
1.89%
3Y Avg
4.28%
5Y Avg
5.44%
Market Cap
$22.04B
Return on Invested Capital (ROIC)
2.80%
TTM Avg
3.16%
3Y Avg
-1.32%
5Y Avg
-0.03%
Market Cap
$23.67B
Return on Invested Capital (ROIC)
17.08%
TTM Avg
15.53%
3Y Avg
11.28%
5Y Avg
5.80%
Market Cap
$21.41B
Return on Invested Capital (ROIC)
6.05%
TTM Avg
9.68%
3Y Avg
3.70%
5Y Avg
5.46%
Market Cap
$21.01B
Return on Invested Capital (ROIC)
3.48%
TTM Avg
2.04%
3Y Avg
6.45%
5Y Avg
8.28%
Market Cap
$24.94B
Return on Invested Capital (ROIC)
8.84%
TTM Avg
10.23%
3Y Avg
9.31%
5Y Avg
9.08%
Market Cap
$20.08B
Return on Invested Capital (ROIC)
-9.23%
TTM Avg
-3.27%
3Y Avg
1.87%
5Y Avg
2.65%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sociedad Química y Minera de Chile S.A. (SQM) | $22.57B | 11.60% | 7.06% | 8.56% | 17.81% |
| Royal Gold, Inc. (RGLD)vs › | $22.19B | 8.58% | 7.97% | 7.75% | 8.08% |
| Dow Inc. (DOW)vs › | $22.05B | -0.06% | 1.89% | 4.28% | 5.44% |
| International Flavors & Fragrances Inc. (IFF)vs › | $22.04B | 2.80% | 3.16% | -1.32% | -0.03% |
| Carpenter Technology Corporation (CRS)vs › | $23.67B | 17.08% | 15.53% | 11.28% | 5.80% |
| Coeur Mining, Inc. (CDE)vs › | $21.41B | 6.05% | 9.68% | 3.70% | 5.46% |
| LyondellBasell Industries N.V. (LYB)vs › | $21.01B | 3.48% | 2.04% | 6.45% | 8.28% |
| PPG Industries, Inc. (PPG)vs › | $24.94B | 8.84% | 10.23% | 9.31% | 9.08% |
| International Paper Company (IP)vs › | $20.08B | -9.23% | -3.27% | 1.87% | 2.65% |
| CF Industries Holdings, Inc. (CF)vs › | $19.97B | 16.58% | 12.92% | 18.79% | 16.05% |
ROIC
11.6%
ROE
22.1%
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) |
|---|---|
| 2026-06-30 | 11.60% |
| 2026-03-31 | 7.35% |
| 2025-12-31 | 5.56% |
| 2025-09-30 | 5.55% |
| 2025-06-30 | 5.24% |
| 2025-03-31 | 6.57% |
| 2024-12-31 | 5.62% |
| 2024-09-30 | 6.07% |
| 2024-06-30 | 9.06% |
| 2024-03-31 | 12.14% |
| 2023-12-31 | 19.37% |
| 2023-09-30 | 31.60% |
| 2023-06-30 | 40.68% |
| 2023-03-31 | 43.89% |
| 2022-12-31 | 47.68% |
| 2022-09-30 | 40.45% |
| 2022-06-30 | 32.26% |
| 2022-03-31 | 21.65% |
| 2021-12-31 | 10.48% |
| 2021-09-30 | 6.08% |
| 2021-06-30 | 5.03% |
| 2021-03-31 | 5.25% |
| 2020-12-31 | 4.88% |
| 2020-09-30 | 4.96% |
| 2020-06-30 | 6.26% |
| 2020-03-31 | 6.25% |
| 2019-12-31 | 7.44% |
| 2019-09-30 | 8.69% |
| 2019-06-30 | 9.08% |
| 2019-03-31 | 11.72% |
| 2018-12-31 | 12.72% |
| 2018-09-30 | 12.77% |
| 2018-06-22 | 12.85% |
| 2018-03-31 | 12.44% |
| 2017-12-31 | 11.95% |
| 2017-09-30 | 11.54% |
| 2017-06-30 | 9.87% |
| 2017-03-31 | 9.21% |
| 2016-12-31 | 8.04% |
| 2016-09-30 | 7.22% |
| 2016-06-30 | 6.40% |
| 2016-03-31 | 6.05% |
| 2015-12-31 | 6.18% |
| 2015-09-30 | 5.22% |
| 2015-06-30 | 6.31% |
| 2015-03-31 | 5.82% |
| 2014-12-31 | 6.25% |
| 2014-09-30 | 7.88% |
| 2014-06-30 | 9.20% |
| 2014-03-31 | 10.19% |
| 2013-12-31 | 11.52% |
| 2013-09-30 | 13.25% |
| 2013-06-30 | 13.72% |
| 2013-03-31 | 16.67% |
| 2012-12-31 | 17.17% |
| 2012-09-30 | 16.69% |
| 2012-06-30 | 17.13% |
| 2012-03-31 | 16.84% |
| 2011-12-31 | 16.69% |
| 2011-09-30 | 14.56% |
| 2011-06-30 | 13.78% |
| 2011-03-31 | 13.26% |
| 2010-12-31 | 12.97% |
| 2010-09-30 | 13.05% |
| 2010-06-30 | 13.63% |
| 2010-03-31 | 12.73% |
| 2009-12-31 | 12.78% |
| 2009-09-30 | 14.51% |
| 2009-06-30 | 18.96% |
| 2009-03-31 | 20.90% |
| 2008-12-31 | 23.70% |
| 2008-09-30 | 21.94% |
| 2008-06-30 | 16.01% |
| 2008-03-31 | 12.89% |
| 2007-12-31 | 11.42% |
| 2007-09-30 | 11.21% |
| 2007-06-30 | 11.26% |
| 2007-03-31 | 10.39% |
| 2006-12-31 | 10.04% |
| 2006-09-30 | 10.22% |
| 2006-06-30 | 9.14% |
| 2006-03-31 | 9.28% |
| 2005-12-31 | 9.35% |
| 2005-09-30 | 9.27% |
| 2005-06-30 | 9.02% |
| 2005-03-31 | 7.62% |
| 2004-12-31 | 7.33% |
| 2004-09-30 | 6.83% |
| 2004-06-30 | 5.94% |
| 2004-03-31 | 5.47% |
| 2003-12-31 | 5.12% |
| 2003-09-30 | 5.27% |
| 2003-06-30 | 5.22% |