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 8.99% is 760% above its 5-year average of 1.04%, near the high end of its 5-year range (-11.13%–8.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 77.34% above its 12-month average of 5.07%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 8.99%.
RETURN ON INVESTED CAPITAL (ROIC)
8.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-0.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-3.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-3.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-2.02%
CURRENT VS TTM AVG
+77.34%
CURRENT VS 3Y AVG
+1022.49%
CURRENT VS 5Y AVG
+759.84%
CURRENT VS 10Y AVG
+334.01%
CURRENT VS 15Y AVG
+393.02%
CURRENT VS 20Y AVG
+544.72%
SECTOR MEDIAN · BASIC MATERIALS
8.91%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+0.79%
vs the sector median at left
First Majestic Silver Corp.
Market Cap
$9.37B
Return on Invested Capital (ROIC)
8.99%
TTM Avg
5.07%
3Y Avg
-0.97%
5Y Avg
1.04%
Market Cap
$9.00B
Return on Invested Capital (ROIC)
8.44%
TTM Avg
11.70%
3Y Avg
13.68%
5Y Avg
13.68%
Market Cap
$8.69B
Return on Invested Capital (ROIC)
-2.85%
TTM Avg
-5.82%
3Y Avg
0.19%
5Y Avg
0.83%
Market Cap
$11.31B
Return on Invested Capital (ROIC)
8.32%
TTM Avg
6.03%
3Y Avg
4.95%
5Y Avg
5.52%
Market Cap
$7.31B
Return on Invested Capital (ROIC)
0.42%
TTM Avg
2.23%
3Y Avg
7.28%
5Y Avg
6.92%
Market Cap
$7.20B
Return on Invested Capital (ROIC)
5.81%
TTM Avg
4.97%
3Y Avg
5.93%
5Y Avg
5.31%
Market Cap
$6.37B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
10.45%
3Y Avg
18.39%
5Y Avg
18.04%
Market Cap
$12.83B
Return on Invested Capital (ROIC)
10.97%
TTM Avg
11.50%
3Y Avg
11.54%
5Y Avg
11.16%
Market Cap
$12.94B
Return on Invested Capital (ROIC)
3.34%
TTM Avg
-1.80%
3Y Avg
3.73%
5Y Avg
4.13%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Majestic Silver Corp. (AG) | $9.37B | 8.99% | 5.07% | -0.97% | 1.04% |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.00B | 8.44% | 11.70% | 13.68% | 13.68% |
| MP Materials Corp. (MP)vs › | $8.69B | -2.85% | -5.82% | 0.19% | 0.83% |
| Alcoa Corporation (AA)vs › | $11.31B | 8.32% | 6.03% | 4.95% | 5.52% |
| The Mosaic Company (MOS)vs › | $7.31B | 0.42% | 2.23% | 7.28% | 6.92% |
| Arcosa, Inc. (ACA)vs › | $7.20B | 5.81% | 4.97% | 5.93% | 5.31% |
| Builders FirstSource, Inc. (BLDR)vs › | $6.37B | 3.18% | 10.45% | 18.39% | 18.04% |
| RPM International Inc. (RPM)vs › | $12.83B | 10.97% | 11.50% | 11.54% | 11.16% |
| Albemarle Corporation (ALB)vs › | $12.94B | 3.34% | -1.80% | 3.73% | 4.13% |
| Carlisle Companies Incorporated (CSL)vs › | $13.21B | 14.71% | 15.71% | 14.68% | 12.21% |
ROIC
9.0%
ROE
11.7%
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 | 8.99% |
| 2026-03-31 | 7.41% |
| 2025-12-31 | 4.77% |
| 2025-09-30 | 2.69% |
| 2025-06-30 | 1.48% |
| 2025-03-31 | 0.73% |
| 2024-12-31 | -0.20% |
| 2024-09-30 | -1.45% |
| 2024-06-30 | -2.63% |
| 2024-03-31 | -2.93% |
| 2023-12-31 | -9.63% |
| 2023-09-30 | -11.13% |
| 2023-06-30 | -10.76% |
| 2023-03-31 | -9.82% |
| 2022-12-31 | -2.02% |
| 2022-09-30 | 0.41% |
| 2022-06-30 | 0.53% |
| 2022-03-31 | 0.87% |
| 2021-12-31 | 1.39% |
| 2021-09-30 | 1.78% |
| 2021-06-30 | 3.90% |
| 2021-03-31 | 3.08% |
| 2020-12-31 | 1.95% |
| 2020-09-30 | -3.25% |
| 2020-06-30 | -6.24% |
| 2020-03-31 | -3.64% |
| 2019-12-31 | -3.40% |
| 2019-09-30 | -18.10% |
| 2019-06-30 | -21.12% |
| 2019-03-31 | -25.93% |
| 2018-12-31 | -28.68% |
| 2018-09-30 | -12.47% |
| 2018-06-30 | -11.85% |
| 2018-03-31 | -9.63% |
| 2017-12-31 | -9.60% |
| 2017-09-30 | 0.16% |
| 2017-06-30 | 1.95% |
| 2017-03-31 | 2.21% |
| 2016-12-31 | 1.89% |
| 2016-09-30 | -10.56% |
| 2016-06-30 | -13.43% |
| 2016-03-31 | -15.44% |
| 2015-12-31 | -16.37% |
| 2015-09-30 | -14.76% |
| 2015-06-30 | -14.34% |
| 2015-03-31 | -14.12% |
| 2014-12-31 | -12.81% |
| 2014-09-30 | -2.65% |
| 2014-06-30 | 0.41% |
| 2014-03-31 | 0.65% |
| 2013-12-31 | 1.57% |
| 2013-09-30 | 7.05% |
| 2013-06-30 | 8.14% |
| 2013-03-31 | 10.52% |
| 2012-12-31 | 11.53% |
| 2012-09-30 | 13.04% |
| 2012-06-30 | 19.82% |
| 2012-03-31 | 23.79% |
| 2011-12-31 | 25.30% |
| 2011-09-30 | 25.12% |
| 2011-06-30 | 22.17% |
| 2011-03-31 | 18.56% |
| 2010-12-31 | 12.06% |
| 2010-09-30 | 9.88% |
| 2010-06-30 | 7.57% |
| 2010-03-31 | 2.94% |
| 2009-12-31 | 1.81% |
| 2009-09-30 | -0.55% |
| 2009-06-30 | -1.82% |
| 2009-03-31 | -1.80% |
| 2008-12-31 | -1.80% |
| 2008-09-30 | -0.06% |
| 2008-06-30 | -0.98% |
| 2008-03-31 | -1.56% |
| 2007-12-31 | -3.83% |
| 2006-09-30 | -8.49% |
| 2006-06-30 | -6.06% |
| 2006-03-31 | -14.64% |
| 2005-12-31 | -14.29% |
| 2005-09-30 | -33.41% |
| 2005-06-30 | -32.34% |
| 2005-03-31 | -32.33% |
| 2004-12-31 | -30.91% |
| 2004-09-30 | -15.71% |
| 2004-06-30 | -13.08% |
| 2004-03-31 | -102.85% |
| 2003-12-31 | -86.75% |
| 2003-09-30 | -140.19% |
| 2003-03-31 | -14.47% |