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 11.81% is 26% below its 5-year average of 15.99%, near the low end of its 5-year range (11.81%–18.66%).
As of the fiscal period ended Saturday, June 27, 2026. 11.82% below its 12-month average of 13.39%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-27): 11.81%.
RETURN ON INVESTED CAPITAL (ROIC)
11.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
17.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
19.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
18.00%
CURRENT VS TTM AVG
-11.82%
CURRENT VS 3Y AVG
-21.18%
CURRENT VS 5Y AVG
-26.16%
CURRENT VS 10Y AVG
-30.99%
CURRENT VS 15Y AVG
-38.42%
CURRENT VS 20Y AVG
-34.39%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+7.61%
vs the sector median at left
Tractor Supply Company
Market Cap
$17.31B
Return on Invested Capital (ROIC)
11.81%
TTM Avg
13.39%
3Y Avg
14.98%
5Y Avg
15.99%
Market Cap
$17.45B
Return on Invested Capital (ROIC)
-0.53%
TTM Avg
3.29%
3Y Avg
0.86%
5Y Avg
0.27%
Market Cap
$16.63B
Return on Invested Capital (ROIC)
24.34%
TTM Avg
28.03%
3Y Avg
30.20%
5Y Avg
27.19%
Market Cap
$18.43B
Return on Invested Capital (ROIC)
8.03%
TTM Avg
9.84%
3Y Avg
11.42%
5Y Avg
10.57%
Market Cap
$15.95B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
6.78%
3Y Avg
6.44%
5Y Avg
6.90%
Market Cap
$15.63B
Return on Invested Capital (ROIC)
-17.14%
TTM Avg
-6.68%
3Y Avg
3.72%
5Y Avg
5.06%
Market Cap
$19.14B
Return on Invested Capital (ROIC)
18.71%
TTM Avg
17.87%
3Y Avg
17.60%
5Y Avg
21.84%
Market Cap
$15.46B
Return on Invested Capital (ROIC)
2.98%
TTM Avg
4.75%
3Y Avg
6.05%
5Y Avg
3.68%
Market Cap
$19.46B
Return on Invested Capital (ROIC)
-30.67%
TTM Avg
-33.86%
3Y Avg
-38.06%
5Y Avg
-32.96%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tractor Supply Company (TSCO) | $17.31B | 11.81% | 13.39% | 14.98% | 15.99% |
| Flutter Entertainment plc (FLUT)vs › | $17.45B | -0.53% | 3.29% | 0.86% | 0.27% |
| NVR, Inc. (NVR)vs › | $16.63B | 24.34% | 28.03% | 30.20% | 27.19% |
| Genuine Parts Company (GPC)vs › | $18.43B | 8.03% | 9.84% | 11.42% | 10.57% |
| Ball Corporation (BALL)vs › | $15.95B | 8.56% | 6.78% | 6.44% | 6.90% |
| Stellantis N.V. (STLA)vs › | $15.63B | -17.14% | -6.68% | 3.72% | 5.06% |
| Best Buy Co., Inc. (BBY)vs › | $19.14B | 18.71% | 17.87% | 17.60% | 21.84% |
| Hyatt Hotels Corporation (H)vs › | $15.46B | 2.98% | 4.75% | 6.05% | 3.68% |
| Rivian Automotive, Inc. (RIVN)vs › | $19.46B | -30.67% | -33.86% | -38.06% | -32.96% |
| Amcor plc (AMCR)vs › | $19.57B | 5.43% | 4.04% | 6.56% | 6.92% |
ROIC
11.8%
ROE
38.5%
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) |
|---|---|
| 2026-06-27 | 11.81% |
| 2026-03-28 | 12.34% |
| 2025-12-27 | 13.83% |
| 2025-09-27 | 14.36% |
| 2025-06-28 | 14.63% |
| 2025-03-29 | 14.53% |
| 2024-12-31 | 15.28% |
| 2024-09-28 | 15.51% |
| 2024-06-29 | 16.04% |
| 2024-03-30 | 16.45% |
| 2023-12-31 | 16.31% |
| 2023-09-30 | 16.92% |
| 2023-07-01 | 16.80% |
| 2023-04-01 | 17.12% |
| 2022-12-31 | 18.20% |
| 2022-09-24 | 18.22% |
| 2022-06-25 | 18.66% |
| 2022-03-26 | 18.65% |
| 2021-12-31 | 17.85% |
| 2021-09-25 | 16.38% |
| 2021-06-26 | 16.07% |
| 2021-03-27 | 16.17% |
| 2020-12-31 | 14.54% |
| 2020-09-26 | 15.21% |
| 2020-06-27 | 14.62% |
| 2020-03-28 | 12.89% |
| 2019-12-31 | 14.19% |
| 2019-09-28 | 13.55% |
| 2019-06-29 | 13.89% |
| 2019-03-30 | 13.32% |
| 2018-12-31 | 25.15% |
| 2018-09-29 | 22.82% |
| 2018-06-30 | 22.90% |
| 2018-03-31 | 20.00% |
| 2017-12-31 | 21.10% |
| 2017-09-30 | 21.34% |
| 2017-07-01 | 21.66% |
| 2017-04-01 | 20.01% |
| 2016-12-31 | 23.11% |
| 2016-09-24 | 22.14% |
| 2016-06-25 | 22.84% |
| 2016-03-26 | 23.96% |
| 2015-12-31 | 24.26% |
| 2015-09-26 | 24.64% |
| 2015-06-27 | 26.34% |
| 2015-03-28 | 25.15% |
| 2014-12-31 | 25.99% |
| 2014-09-30 | 23.48% |
| 2014-06-30 | 24.58% |
| 2014-03-31 | 23.64% |
| 2013-12-31 | 23.96% |
| 2013-09-28 | 23.18% |
| 2013-06-29 | 23.51% |
| 2013-03-30 | 22.32% |
| 2012-12-31 | 24.18% |
| 2012-09-29 | 22.88% |
| 2012-06-30 | 22.03% |
| 2012-03-31 | 20.90% |
| 2011-12-31 | 19.76% |
| 2011-09-30 | 19.47% |
| 2011-06-30 | 18.38% |
| 2011-03-31 | 17.48% |
| 2010-12-31 | 16.28% |
| 2010-09-25 | 16.59% |
| 2010-06-26 | 16.13% |
| 2010-03-27 | 14.89% |
| 2009-12-31 | 13.35% |
| 2009-09-26 | 12.34% |
| 2009-06-27 | 12.52% |
| 2009-03-28 | 11.85% |
| 2008-12-31 | 12.33% |
| 2008-09-27 | 14.24% |
| 2008-06-28 | 14.80% |
| 2008-03-29 | 12.83% |
| 2007-12-31 | 14.64% |
| 2007-09-29 | 13.44% |
| 2007-06-30 | 15.13% |
| 2007-03-31 | 14.14% |
| 2006-12-31 | 14.35% |
| 2006-09-30 | 14.67% |
| 2006-07-01 | 16.13% |
| 2006-04-01 | 14.47% |
| 2005-12-31 | 16.51% |
| 2005-09-24 | 15.37% |
| 2005-06-25 | 14.46% |
| 2005-03-26 | 13.40% |
| 2004-12-31 | 14.85% |
| 2004-09-25 | 14.84% |
| 2004-06-26 | 18.15% |
| 2004-03-27 | 18.06% |
| 2003-12-31 | 17.98% |
| 2003-09-27 | 18.52% |
| 2003-06-28 | 20.27% |
