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 4.88% is 70% above its 5-year average of 2.88%, near the high end of its 5-year range (-25.02%–5.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.01% above its 12-month average of 4.74%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.88%.
RETURN ON INVESTED CAPITAL (ROIC)
4.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+3.01%
CURRENT VS 3Y AVG
+43.14%
CURRENT VS 5Y AVG
+69.65%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
11.38%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-57.15%
vs the sector median at left
Dutch Bros Inc.
Market Cap
$6.68B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
4.74%
3Y Avg
3.41%
5Y Avg
2.88%
Market Cap
$6.91B
Return on Invested Capital (ROIC)
20.66%
TTM Avg
13.77%
3Y Avg
2.20%
5Y Avg
7.34%
Market Cap
$6.95B
Return on Invested Capital (ROIC)
8.01%
TTM Avg
9.10%
3Y Avg
3.40%
5Y Avg
-3.91%
Market Cap
$6.34B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
5.06%
3Y Avg
-0.33%
5Y Avg
-3.66%
Market Cap
$6.05B
Return on Invested Capital (ROIC)
-4.61%
TTM Avg
-14.97%
3Y Avg
-7.58%
5Y Avg
-5.33%
Market Cap
$6.04B
Return on Invested Capital (ROIC)
20.97%
TTM Avg
22.98%
3Y Avg
20.90%
5Y Avg
16.22%
Market Cap
$5.98B
Return on Invested Capital (ROIC)
7.22%
TTM Avg
6.23%
3Y Avg
5.01%
5Y Avg
8.15%
Market Cap
$7.52B
Return on Invested Capital (ROIC)
12.90%
TTM Avg
15.06%
3Y Avg
9.44%
5Y Avg
3.88%
Market Cap
$5.77B
Return on Invested Capital (ROIC)
5.62%
TTM Avg
6.91%
3Y Avg
8.54%
5Y Avg
8.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dutch Bros Inc. (BROS) | $6.68B | 4.88% | 4.74% | 3.41% | 2.88% |
| Etsy, Inc. (ETSY)vs › | $6.91B | 20.66% | 13.77% | 2.20% | 7.34% |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $6.95B | 8.01% | 9.10% | 3.40% | -3.91% |
| CAVA Group, Inc. (CAVA)vs › | $6.34B | 5.41% | 5.06% | -0.33% | -3.66% |
| Mobileye Global Inc. (MBLY)vs › | $6.05B | -4.61% | -14.97% | -7.58% | -5.33% |
| Abercrombie & Fitch Co. (ANF)vs › | $6.04B | 20.97% | 22.98% | 20.90% | 16.22% |
| Macy's, Inc. (M)vs › | $5.98B | 7.22% | 6.23% | 5.01% | 8.15% |
| Chewy, Inc. (CHWY)vs › | $7.52B | 12.90% | 15.06% | 9.44% | 3.88% |
| LKQ Corporation (LKQ)vs › | $5.77B | 5.62% | 6.91% | 8.54% | 8.63% |
| MGM Resorts International (MGM)vs › | $7.67B | 2.70% | 3.15% | 3.12% | 2.59% |
ROIC
4.9%
ROE
11.6%
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 | 4.88% |
| 2026-03-31 | 4.97% |
| 2025-12-31 | 4.96% |
| 2025-09-30 | 4.47% |
| 2025-06-30 | 4.40% |
| 2025-03-31 | 3.73% |
| 2024-12-31 | 3.59% |
| 2024-09-30 | 3.09% |
| 2024-06-30 | 2.87% |
| 2024-03-31 | 2.71% |
| 2023-12-31 | 1.67% |
| 2023-09-30 | 1.73% |
| 2023-06-30 | 1.24% |
| 2023-03-31 | 0.98% |
| 2022-12-31 | -0.24% |
| 2022-09-30 | -1.36% |
| 2022-06-30 | -15.59% |
| 2022-03-31 | -15.29% |
| 2021-12-31 | -23.32% |
| 2021-09-30 | -25.02% |
| 2021-06-30 | 5.20% |
| 2020-12-31 | 4.25% |
