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 -2.02% is 2824% below its 4-year average of 0.07%, near the low end of its 4-year range (-3.95%–3.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 264.13% below its 12-month average of 1.23%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -2.02%.
RETURN ON INVESTED CAPITAL (ROIC)
-2.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
0.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
-264.13%
CURRENT VS 3Y AVG
-649.61%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
-0.38%
median of 98 covered companies
CURRENT VS SECTOR MEDIAN
-438.20%
vs the sector median at left
The Baldwin Insurance Group, Inc.
Market Cap
$2.59B
Return on Invested Capital (ROIC)
-2.02%
TTM Avg
1.23%
3Y Avg
0.37%
5Y Avg
N/A
Market Cap
$2.56B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.53B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.50B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.50B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.79B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.33B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.86B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.29B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Baldwin Insurance Group, Inc. (BWIN) | $2.59B | -2.02% | 1.23% | 0.37% | N/A |
| First Bancorp (FBNC)vs › | $2.56B | N/A | N/A | N/A | N/A |
| Columbia Financial, Inc. (CLBK)vs › | $2.53B | N/A | N/A | N/A | N/A |
| First Merchants Corporation (FRME)vs › | $2.50B | N/A | N/A | N/A | N/A |
| First Busey Corporation (BUSE)vs › | $2.50B | N/A | N/A | N/A | N/A |
| First Merchants Corporation (FRMEP)vs › | $2.79B | N/A | N/A | N/A | N/A |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.33B | N/A | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHF)vs › | $2.86B | N/A | N/A | N/A | N/A |
| Banner Corporation (BANR)vs › | $2.29B | N/A | N/A | N/A | N/A |
| Inter & Co, Inc. (INTR)vs › | $2.90B | N/A | N/A | N/A | N/A |
ROIC
-2.0%
ROE
-9.2%
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) |
|---|---|
| 2026-06-30 | -2.02% |
| 2026-03-31 | -1.23% |
| 2025-12-31 | 3.12% |
| 2025-09-30 | 2.86% |
| 2025-06-30 | 3.42% |
| 2025-03-31 | 3.09% |
| 2024-12-31 | 2.30% |
| 2024-09-30 | 1.34% |
| 2024-06-30 | 0.77% |
| 2024-03-31 | -0.44% |
| 2023-12-31 | -1.58% |
| 2023-09-30 | -2.90% |
| 2023-06-30 | -3.95% |
| 2023-03-31 | -2.40% |
| 2022-12-31 | -1.10% |
| 2022-09-30 | -0.09% |
