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 24.92% is 11% below its 5-year average of 27.85%, near the low end of its 5-year range (22.05%–41.05%).
As of the fiscal period ended Saturday, August 1, 2026. 2.19% above its 12-month average of 24.38%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-08-01): 24.92%.
RETURN ON INVESTED CAPITAL (ROIC)
24.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
24.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
26.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
27.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
22.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
21.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
18.13%
CURRENT VS TTM AVG
+2.19%
CURRENT VS 3Y AVG
-5.42%
CURRENT VS 5Y AVG
-10.52%
CURRENT VS 10Y AVG
+11.14%
CURRENT VS 15Y AVG
+13.57%
CURRENT VS 20Y AVG
+37.41%
SECTOR MEDIAN · CONSUMER CYCLICAL
11.38%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+118.87%
vs the sector median at left
Bath & Body Works, Inc.
Market Cap
$3.24B
Return on Invested Capital (ROIC)
24.92%
TTM Avg
24.38%
3Y Avg
26.35%
5Y Avg
27.85%
Market Cap
$2.97B
Return on Invested Capital (ROIC)
11.65%
TTM Avg
9.18%
3Y Avg
9.38%
5Y Avg
10.17%
Market Cap
$2.91B
Return on Invested Capital (ROIC)
25.21%
TTM Avg
21.27%
3Y Avg
22.22%
5Y Avg
22.87%
Market Cap
$3.62B
Return on Invested Capital (ROIC)
2.63%
TTM Avg
3.68%
3Y Avg
5.28%
5Y Avg
9.47%
Market Cap
$2.33B
Return on Invested Capital (ROIC)
3.49%
TTM Avg
2.10%
3Y Avg
-1.23%
5Y Avg
2.84%
Market Cap
$2.21B
Return on Invested Capital (ROIC)
22.24%
TTM Avg
26.25%
3Y Avg
27.78%
5Y Avg
34.33%
Market Cap
$2.13B
Return on Invested Capital (ROIC)
4.52%
TTM Avg
4.08%
3Y Avg
4.48%
5Y Avg
5.26%
Market Cap
$5.03B
Return on Invested Capital (ROIC)
7.01%
TTM Avg
7.91%
3Y Avg
7.83%
5Y Avg
7.56%
Market Cap
$1.35B
Return on Invested Capital (ROIC)
11.85%
TTM Avg
10.07%
3Y Avg
12.86%
5Y Avg
11.06%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bath & Body Works, Inc. (BBWI) | $3.24B | 24.92% | 24.38% | 26.35% | 27.85% |
| American Eagle Outfitters, Inc. (AEO)vs › | $2.97B | 11.65% | 9.18% | 9.38% | 10.17% |
| Wingstop Inc. (WING)vs › | $2.91B | 25.21% | 21.27% | 22.22% | 22.87% |
| Thor Industries, Inc. (THO)vs › | $3.62B | 2.63% | 3.68% | 5.28% | 9.47% |
| Advance Auto Parts, Inc. (AAP)vs › | $2.33B | 3.49% | 2.10% | -1.23% | 2.84% |
| The Buckle, Inc. (BKE)vs › | $2.21B | 22.24% | 26.25% | 27.78% | 34.33% |
| Kohl's Corporation (KSS)vs › | $2.13B | 4.52% | 4.08% | 4.48% | 5.26% |
| Vail Resorts, Inc. (MTN)vs › | $5.03B | 7.01% | 7.91% | 7.83% | 7.56% |
| Liquidity Services, Inc. (LQDT)vs › | $1.35B | 11.85% | 10.07% | 12.86% | 11.06% |
| Lucid Group, Inc. (LCID)vs › | $1.31B | -67.71% | -44.45% | -41.78% | -39.45% |
ROIC
24.9%
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) |
|---|---|
| 2026-08-01 | 24.92% |
| 2026-05-02 | 24.40% |
| 2026-01-31 | 22.05% |
| 2025-11-01 | 24.30% |
| 2025-08-02 | 26.25% |
| 2025-05-03 | 27.77% |
| 2025-02-01 | 27.02% |
| 2024-11-02 | 30.68% |
| 2024-08-03 | 30.43% |
| 2024-05-04 | 27.81% |
| 2023-10-28 | 24.18% |
| 2023-07-29 | 22.99% |
| 2023-04-29 | 22.41% |
| 2022-10-29 | 33.14% |
| 2022-07-30 | 37.94% |
| 2022-04-30 | 41.05% |
| 2021-10-30 | 39.27% |
| 2021-07-31 | 23.34% |
| 2021-05-01 | 19.73% |
| 2021-01-31 | 12.29% |
| 2020-10-31 | 3.10% |
| 2020-08-01 | -4.35% |
| 2020-05-02 | -2.95% |
| 2020-01-31 | 3.30% |
| 2019-11-02 | 8.17% |
| 2019-08-03 | 10.39% |
| 2019-05-04 | 10.31% |
| 2019-01-31 | 15.03% |
| 2018-11-03 | 19.24% |
| 2018-08-04 | 21.15% |
| 2018-05-05 | 20.93% |
| 2018-01-31 | 20.87% |
| 2017-10-28 | 20.54% |
| 2017-07-29 | 20.44% |
| 2017-04-29 | 21.56% |
| 2017-01-31 | 22.09% |
| 2016-10-29 | 23.99% |
| 2016-07-30 | 24.31% |
| 2016-04-30 | 23.60% |
| 2016-01-31 | 21.42% |
| 2015-10-31 | 21.38% |
| 2015-08-01 | 24.91% |
| 2015-05-02 | 24.59% |
| 2015-01-31 | 21.21% |
| 2014-11-01 | 20.94% |
| 2014-08-02 | 20.32% |
| 2014-05-03 | 20.62% |
| 2014-01-31 | 19.48% |
| 2013-11-02 | 19.60% |
| 2013-08-03 | 21.30% |
| 2013-05-04 | 20.89% |
| 2013-01-31 | 20.63% |
| 2012-10-27 | 17.48% |
| 2012-07-28 | 17.12% |
| 2012-04-28 | 16.58% |
| 2012-01-31 | 18.47% |
| 2011-10-29 | 18.05% |
| 2011-07-30 | 16.73% |
| 2011-04-30 | 15.27% |
| 2011-01-31 | 16.70% |
| 2010-10-30 | 13.89% |
| 2010-07-31 | 13.01% |
| 2010-05-01 | 12.11% |
| 2010-01-31 | 10.22% |
| 2009-10-31 | 4.20% |
| 2009-08-01 | 3.77% |
| 2009-05-02 | 4.32% |
| 2009-01-31 | 5.67% |
| 2008-11-01 | 11.68% |
| 2008-08-02 | 11.31% |
| 2008-05-03 | 12.82% |
| 2008-01-31 | 11.63% |
| 2007-11-03 | 12.77% |
| 2007-08-04 | 12.35% |
| 2007-05-05 | 11.66% |
| 2007-01-31 | 13.44% |
| 2006-10-28 | 15.67% |
| 2006-07-29 | 15.86% |
| 2006-04-29 | 15.44% |
| 2006-01-31 | 14.86% |
| 2005-10-29 | 12.85% |
| 2005-07-30 | 13.46% |
| 2005-04-30 | 14.39% |
| 2005-01-31 | 13.99% |
| 2004-10-30 | 10.56% |
| 2004-07-31 | 11.34% |
| 2004-05-01 | 10.77% |
| 2004-01-31 | 9.14% |
| 2003-11-01 | 8.93% |
| 2003-08-02 | 8.64% |
