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 3.32% is 34% below its 5-year average of 5.04%, around the middle of its 5-year range (-1.98%–13.69%).
As of the fiscal period ended Saturday, June 27, 2026. 25.19% above its 12-month average of 2.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-27): 3.32%.
RETURN ON INVESTED CAPITAL (ROIC)
3.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.42%
CURRENT VS TTM AVG
+25.19%
CURRENT VS 3Y AVG
+91.16%
CURRENT VS 5Y AVG
-34.14%
CURRENT VS 10Y AVG
-51.89%
CURRENT VS 15Y AVG
-55.78%
CURRENT VS 20Y AVG
-48.27%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-59.43%
vs the sector median at left
Tyson Foods, Inc.
Market Cap
$18.37B
Return on Invested Capital (ROIC)
3.32%
TTM Avg
2.65%
3Y Avg
1.74%
5Y Avg
5.04%
Market Cap
$18.92B
Return on Invested Capital (ROIC)
8.33%
TTM Avg
6.26%
3Y Avg
8.86%
5Y Avg
9.72%
Market Cap
$20.08B
Return on Invested Capital (ROIC)
10.85%
TTM Avg
14.39%
3Y Avg
11.61%
5Y Avg
10.32%
Market Cap
$21.13B
Return on Invested Capital (ROIC)
5.82%
TTM Avg
4.71%
3Y Avg
8.46%
5Y Avg
8.82%
Market Cap
$22.11B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
10.85%
3Y Avg
9.83%
5Y Avg
9.28%
Market Cap
$22.78B
Return on Invested Capital (ROIC)
10.83%
TTM Avg
9.71%
3Y Avg
9.28%
5Y Avg
10.44%
Market Cap
$13.29B
Return on Invested Capital (ROIC)
6.16%
TTM Avg
7.89%
3Y Avg
7.26%
5Y Avg
7.39%
Market Cap
$12.94B
Return on Invested Capital (ROIC)
6.96%
TTM Avg
2.54%
3Y Avg
2.92%
5Y Avg
4.02%
Market Cap
$12.23B
Return on Invested Capital (ROIC)
12.96%
TTM Avg
13.07%
3Y Avg
12.75%
5Y Avg
13.99%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tyson Foods, Inc. (TSN) | $18.37B | 3.32% | 2.65% | 1.74% | 5.04% |
| General Mills, Inc. (GIS)vs › | $18.92B | 8.33% | 6.26% | 8.86% | 9.72% |
| Constellation Brands, Inc. (STZ)vs › | $20.08B | 10.85% | 14.39% | 11.61% | 10.32% |
| Bunge Global S.A. (BG)vs › | $21.13B | 5.82% | 4.71% | 8.46% | 8.82% |
| Dollar Tree, Inc. (DLTR)vs › | $22.11B | 15.14% | 10.85% | 9.83% | 9.28% |
| Church & Dwight Co., Inc. (CHD)vs › | $22.78B | 10.83% | 9.71% | 9.28% | 10.44% |
| McCormick & Company, Incorporated (MKC)vs › | $13.29B | 6.16% | 7.89% | 7.26% | 7.39% |
| The J. M. Smucker Company (SJM)vs › | $12.94B | 6.96% | 2.54% | 2.92% | 4.02% |
| Brown-Forman Corporation (BF-B)vs › | $12.23B | 12.96% | 13.07% | 12.75% | 13.99% |
| Hormel Foods Corporation (HRL)vs › | $11.19B | 3.16% | 5.60% | 6.70% | 7.53% |
ROIC
3.3%
ROE
3.2%
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 | 3.32% |
| 2026-03-28 | 2.71% |
| 2025-12-27 | 1.71% |
| 2025-09-27 | 2.32% |
| 2025-06-28 | 3.20% |
| 2025-03-29 | 3.71% |
| 2024-12-28 | 4.11% |
| 2024-09-28 | 3.27% |
| 2024-06-29 | 0.70% |
| 2024-03-30 | -0.81% |
| 2023-12-30 | -1.98% |
| 2023-09-30 | -1.25% |
| 2023-07-01 | 1.57% |
| 2023-04-01 | 5.30% |
| 2022-12-31 | 8.22% |
| 2022-09-30 | 10.80% |
| 2022-07-02 | 13.44% |
| 2022-04-02 | 13.69% |
| 2022-01-01 | 12.40% |
| 2021-09-30 | 10.72% |
| 2021-07-03 | 8.73% |
| 2021-04-03 | 8.20% |
| 2021-01-02 | 7.47% |
| 2020-09-30 | 7.72% |
| 2020-06-27 | 6.65% |
| 2020-03-28 | 7.16% |
| 2019-12-28 | 7.71% |
| 2019-09-30 | 8.02% |
| 2019-06-29 | 8.17% |
| 2019-03-30 | 7.89% |
| 2018-12-29 | 7.56% |
| 2018-09-30 | 11.70% |
| 2018-06-30 | 11.20% |
| 2018-03-31 | 11.01% |
| 2017-12-30 | 11.54% |
| 2017-09-30 | 7.95% |
| 2017-07-01 | 7.74% |
| 2017-04-01 | 9.83% |
| 2016-12-31 | 10.69% |
| 2016-09-30 | 9.81% |
| 2016-07-02 | 9.08% |
| 2016-04-02 | 8.24% |
| 2016-01-02 | 7.49% |
| 2015-09-30 | 6.86% |
| 2015-06-27 | 6.21% |
| 2015-03-28 | 5.81% |
| 2014-12-27 | 5.25% |
| 2014-09-30 | 4.70% |
| 2014-06-28 | 11.22% |
| 2014-03-29 | 11.08% |
| 2013-12-28 | 10.80% |
| 2013-09-30 | 9.58% |
| 2013-06-29 | 8.75% |
| 2013-03-30 | 8.26% |
| 2012-12-29 | 8.37% |
| 2012-09-30 | 8.16% |
| 2012-06-30 | 7.66% |
| 2012-03-31 | 7.98% |
| 2011-12-31 | 8.13% |
| 2011-09-30 | 10.00% |
| 2011-07-02 | 11.01% |
| 2011-04-02 | 11.92% |
| 2011-01-01 | 12.37% |
| 2010-09-30 | 11.49% |
| 2010-07-03 | 5.52% |
| 2010-04-03 | 3.92% |
| 2010-01-02 | 3.34% |
| 2009-09-30 | -2.44% |
| 2009-06-27 | 2.67% |
| 2009-03-28 | 0.15% |
| 2008-12-27 | 0.34% |
| 2008-09-30 | 1.95% |
| 2008-06-28 | 1.88% |
| 2008-03-29 | 3.41% |
| 2007-12-29 | 4.38% |
| 2007-09-30 | 4.88% |
| 2007-06-30 | 3.87% |
| 2007-03-31 | 1.69% |
| 2006-12-30 | -0.50% |
| 2006-09-30 | -0.83% |
| 2006-07-01 | 1.42% |
| 2006-04-01 | 3.27% |
| 2005-12-31 | 5.77% |
| 2005-09-30 | 5.92% |
| 2005-07-02 | 5.75% |
| 2005-03-31 | 6.02% |
| 2004-12-31 | 6.84% |
| 2004-09-30 | 6.90% |
| 2004-06-26 | 7.93% |
| 2004-03-27 | 7.12% |
| 2003-12-27 | 6.54% |
| 2003-09-30 | 6.34% |
| 2003-06-28 | 5.30% |