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 37.53% is in line with its 5-year average of 37.17%, around the middle of its 5-year range (28.77%–45.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.48% above its 12-month average of 31.94%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
37.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
31.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
35.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
37.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
36.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
31.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
28.76%
CURRENT VS TTM AVG
+17.48%
CURRENT VS 3Y AVG
+6.10%
CURRENT VS 5Y AVG
+0.97%
CURRENT VS 10Y AVG
+1.68%
CURRENT VS 15Y AVG
+18.85%
CURRENT VS 20Y AVG
+30.46%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+241.92%
vs the sector median at left
Yum! Brands, Inc.
Market Cap
$41.23B
Return on Invested Capital (ROIC)
37.53%
TTM Avg
31.94%
3Y Avg
35.37%
5Y Avg
37.17%
Market Cap
$38.86B
Return on Invested Capital (ROIC)
0.25%
TTM Avg
4.44%
3Y Avg
4.53%
5Y Avg
4.06%
Market Cap
$38.74B
Return on Invested Capital (ROIC)
8.54%
TTM Avg
11.91%
3Y Avg
15.13%
5Y Avg
15.47%
Market Cap
$46.44B
Return on Invested Capital (ROIC)
15.94%
TTM Avg
13.93%
3Y Avg
12.31%
5Y Avg
11.66%
Market Cap
$47.41B
Return on Invested Capital (ROIC)
18.22%
TTM Avg
18.59%
3Y Avg
17.18%
5Y Avg
14.25%
Market Cap
$48.19B
Return on Invested Capital (ROIC)
26.21%
TTM Avg
32.49%
3Y Avg
34.03%
5Y Avg
34.64%
Market Cap
$31.78B
Return on Invested Capital (ROIC)
11.08%
TTM Avg
10.00%
3Y Avg
3.73%
5Y Avg
-2.97%
Market Cap
$31.44B
Return on Invested Capital (ROIC)
25.89%
TTM Avg
14.65%
3Y Avg
10.70%
5Y Avg
5.46%
Market Cap
$28.49B
Return on Invested Capital (ROIC)
16.96%
TTM Avg
13.03%
3Y Avg
8.02%
5Y Avg
3.41%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Yum! Brands, Inc. (YUM) | $41.23B | 37.53% | 31.94% | 35.37% | 37.17% |
| JD.com, Inc. (JD)vs › | $38.86B | 0.25% | 4.44% | 4.53% | 4.06% |
| D.R. Horton, Inc. (DHI)vs › | $38.74B | 8.54% | 11.91% | 15.13% | 15.47% |
| eBay Inc. (EBAY)vs › | $46.44B | 15.94% | 13.93% | 12.31% | 11.66% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $47.41B | 18.22% | 18.59% | 17.18% | 14.25% |
| AutoZone, Inc. (AZO)vs › | $48.19B | 26.21% | 32.49% | 34.03% | 34.64% |
| Carnival Corporation & plc (CCL)vs › | $31.78B | 11.08% | 10.00% | 3.73% | -2.97% |
| Expedia Group, Inc. (EXPE)vs › | $31.44B | 25.89% | 14.65% | 10.70% | 5.46% |
| Las Vegas Sands Corp. (LVS)vs › | $28.49B | 16.96% | 13.03% | 8.02% | 3.41% |
| Restaurant Brands International Inc. (QSR)vs › | $27.16B | 9.92% | 7.77% | 8.57% | 8.08% |
ROIC
37.5%
ROE
N/A
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 | 37.53% |
| 2026-03-31 | 31.39% |
| 2025-12-31 | 28.77% |
| 2025-09-30 | 30.41% |
| 2025-06-30 | 31.61% |
| 2025-03-31 | 32.62% |
| 2024-12-31 | 34.31% |
| 2024-09-30 | 36.94% |
| 2024-06-30 | 37.72% |
| 2024-03-31 | 40.01% |
| 2023-12-31 | 40.73% |
| 2023-09-30 | 39.12% |
| 2023-06-30 | 38.64% |
| 2023-03-31 | 35.94% |
| 2022-12-31 | 38.14% |
| 2022-09-30 | 35.83% |
| 2022-06-30 | 40.23% |
| 2022-03-31 | 45.48% |
| 2021-12-31 | 43.57% |
| 2021-09-30 | 40.25% |
| 2021-06-30 | 41.23% |
| 2021-03-31 | 34.59% |
| 2020-12-31 | 28.77% |
| 2020-09-30 | 31.50% |
| 2020-06-30 | 28.82% |
| 2020-03-31 | 33.11% |
| 2019-12-31 | 44.14% |
| 2019-09-30 | 41.83% |
| 2019-06-30 | 46.81% |
| 2019-03-31 | 48.77% |
| 2018-12-31 | 61.12% |
| 2018-09-30 | 56.12% |
| 2018-06-30 | 53.61% |
| 2018-03-31 | 45.79% |
| 2017-12-31 | 38.98% |
| 2017-09-30 | 25.69% |
| 2017-06-30 | 20.51% |
| 2017-03-31 | 23.41% |
| 2016-12-31 | 19.47% |
| 2016-09-03 | 14.00% |
| 2016-06-11 | 22.01% |
| 2016-03-19 | 21.45% |
| 2015-12-26 | 23.61% |
| 2015-09-05 | 16.03% |
| 2015-06-13 | 15.81% |
| 2015-03-21 | 17.16% |
| 2014-12-27 | 17.97% |
| 2014-09-06 | 22.96% |
| 2014-06-14 | 20.20% |
| 2014-03-22 | 19.61% |
| 2013-12-28 | 18.97% |
| 2013-09-07 | 17.43% |
| 2013-06-15 | 22.33% |
| 2013-03-23 | 23.11% |
| 2012-12-29 | 25.17% |
| 2012-09-08 | 25.17% |
| 2012-06-16 | 22.79% |
| 2012-03-24 | 22.26% |
| 2011-12-31 | 21.79% |
| 2011-09-03 | 21.08% |
| 2011-06-11 | 20.89% |
| 2011-03-19 | 19.21% |
| 2010-12-25 | 19.99% |
| 2010-09-04 | 18.86% |
| 2010-06-12 | 21.75% |
| 2010-03-20 | 21.96% |
| 2009-12-26 | 22.21% |
| 2009-09-05 | 21.65% |
| 2009-06-30 | 21.52% |
| 2009-03-21 | 21.27% |
| 2008-12-27 | 23.57% |
| 2008-09-06 | 22.49% |
| 2008-06-30 | 21.75% |
| 2008-03-22 | 21.07% |
| 2008-01-28 | 18.94% |
| 2007-09-30 | 20.56% |
| 2007-06-16 | 19.63% |
| 2007-03-31 | 19.56% |
| 2006-12-31 | 19.33% |
| 2006-09-09 | 20.04% |
| 2006-06-30 | 19.24% |
| 2006-03-31 | 19.89% |
| 2005-12-31 | 19.30% |
| 2005-09-03 | 19.42% |
| 2005-06-11 | 19.40% |
| 2005-03-19 | 18.91% |
| 2004-12-25 | 19.23% |
| 2004-09-04 | 17.91% |
| 2004-06-12 | 18.72% |
| 2004-03-20 | 17.84% |
| 2003-12-27 | 17.72% |
| 2003-10-06 | 16.38% |
| 2003-06-14 | 15.92% |
