Basis: Latest reported fiscal quarter. 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 10.25% is 13% above its 5-year average of 9.08%, near the high end of its 5-year range (7.46%–10.75%).
As of the fiscal period ended Thursday, April 30, 2026. 8.32% above its 12-month average of 9.46%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-04-30): 10.25%.
RETURN ON INVESTED CAPITAL (ROIC)
10.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.91%
CURRENT VS TTM AVG
+8.32%
CURRENT VS 3Y AVG
+8.94%
CURRENT VS 5Y AVG
+12.89%
CURRENT VS 10Y AVG
+15.64%
CURRENT VS 15Y AVG
+15.17%
CURRENT VS 20Y AVG
+15.07%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-6.61%
vs the sector median at left
Casey's General Stores, Inc.
Market Cap
$23.00B
Return on Invested Capital (ROIC)
10.25%
TTM Avg
9.46%
3Y Avg
9.41%
5Y Avg
9.08%
Market Cap
$22.96B
Return on Invested Capital (ROIC)
11.61%
TTM Avg
17.02%
3Y Avg
18.63%
5Y Avg
18.01%
Market Cap
$22.95B
Return on Invested Capital (ROIC)
2.90%
TTM Avg
2.54%
3Y Avg
6.05%
5Y Avg
6.90%
Market Cap
$23.59B
Return on Invested Capital (ROIC)
23.11%
TTM Avg
24.69%
3Y Avg
26.34%
5Y Avg
27.55%
Market Cap
$23.82B
Return on Invested Capital (ROIC)
31.15%
TTM Avg
19.06%
3Y Avg
15.55%
5Y Avg
15.27%
Market Cap
$24.00B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
18.43%
3Y Avg
14.01%
5Y Avg
14.11%
Market Cap
$25.04B
Return on Invested Capital (ROIC)
13.11%
TTM Avg
13.11%
3Y Avg
12.40%
5Y Avg
12.43%
Market Cap
$20.83B
Return on Invested Capital (ROIC)
17.08%
TTM Avg
16.66%
3Y Avg
13.63%
5Y Avg
13.03%
Market Cap
$20.78B
Return on Invested Capital (ROIC)
9.27%
TTM Avg
10.04%
3Y Avg
11.38%
5Y Avg
11.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Casey's General Stores, Inc. (CASY) | $23.00B | 10.25% | 9.46% | 9.41% | 9.08% |
| PulteGroup, Inc. (PHM)vs › | $22.96B | 11.61% | 17.02% | 18.63% | 18.01% |
| Smurfit Westrock plc (SW)vs › | $22.95B | 2.90% | 2.54% | 6.05% | 6.90% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.59B | 23.11% | 24.69% | 26.34% | 27.55% |
| Tapestry, Inc. (TPR)vs › | $23.82B | 31.15% | 19.06% | 15.55% | 15.27% |
| SharkNinja, Inc. (SN)vs › | $24.00B | 19.68% | 18.43% | 14.01% | 14.11% |
| Darden Restaurants, Inc. (DRI)vs › | $25.04B | 13.11% | 13.11% | 12.40% | 12.43% |
| Ralph Lauren Corporation (RL)vs › | $20.83B | 17.08% | 16.66% | 13.63% | 13.03% |
| Packaging Corporation of America (PKG)vs › | $20.78B | 9.27% | 10.04% | 11.38% | 11.45% |
| Best Buy Co., Inc. (BBY)vs › | $19.99B | 18.71% | 17.87% | 17.60% | 21.84% |
ROIC
10.3%
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) |
|---|---|
| 2026-04-30 | 10.25% |
| 2026-01-31 | 10.75% |
| 2025-10-31 | 9.15% |
| 2025-07-31 | 8.95% |
| 2025-04-30 | 8.20% |
| 2025-01-31 | 8.11% |
| 2024-10-31 | 8.42% |
| 2024-07-31 | 9.96% |
| 2024-04-30 | 9.97% |
| 2024-01-31 | 9.49% |
| 2023-10-31 | 9.79% |
| 2023-07-31 | 9.68% |
| 2023-04-30 | 9.59% |
| 2023-01-31 | 9.82% |
| 2022-10-31 | 9.34% |
| 2022-07-31 | 8.74% |
| 2022-04-30 | 8.30% |
| 2022-01-31 | 7.69% |
| 2021-10-31 | 7.46% |
| 2021-07-31 | 7.96% |
| 2021-04-30 | 9.06% |
| 2021-01-31 | 9.73% |
| 2020-10-31 | 9.78% |
| 2020-07-31 | 9.52% |
| 2020-04-30 | 8.54% |
| 2020-01-31 | 7.73% |
| 2019-10-31 | 8.16% |
| 2019-07-31 | 7.85% |
| 2019-04-30 | 7.64% |
| 2019-01-31 | 7.56% |
| 2018-10-31 | 9.06% |
| 2018-07-31 | 8.74% |
| 2018-04-30 | 8.82% |
| 2018-01-31 | 9.55% |
| 2017-10-31 | 6.32% |
| 2017-07-31 | 7.10% |
| 2017-04-30 | 7.85% |
| 2017-01-31 | 8.50% |
| 2016-10-31 | 9.17% |
| 2016-07-31 | 10.41% |
| 2016-04-30 | 10.71% |
| 2016-01-31 | 10.58% |
| 2015-10-31 | 11.02% |
| 2015-07-31 | 10.02% |
| 2015-04-30 | 9.76% |
| 2015-01-31 | 9.03% |
| 2014-10-31 | 8.07% |
| 2014-07-31 | 7.66% |
| 2014-04-30 | 8.13% |
| 2014-01-31 | 8.02% |
| 2013-10-31 | 8.40% |
| 2013-07-31 | 8.16% |
| 2013-04-30 | 8.07% |
| 2013-01-31 | 8.09% |
| 2012-10-31 | 8.58% |
| 2012-07-31 | 9.11% |
| 2012-04-30 | 9.41% |
| 2012-01-31 | 9.59% |
| 2011-10-31 | 9.53% |
| 2011-07-31 | 9.19% |
| 2011-04-30 | 9.07% |
| 2011-01-31 | 8.95% |
| 2010-10-31 | 9.26% |
| 2010-07-31 | 9.79% |
| 2010-04-30 | 10.58% |
| 2010-01-31 | 10.18% |
| 2009-10-31 | 10.04% |
| 2009-07-31 | 9.81% |
| 2009-04-30 | 8.62% |
| 2009-01-31 | 8.68% |
| 2008-10-31 | 8.66% |
| 2008-07-31 | 8.90% |
| 2008-04-30 | 9.17% |
| 2008-01-31 | 9.62% |
| 2007-10-31 | 9.55% |
| 2007-07-31 | 8.72% |
| 2007-04-30 | 7.54% |
| 2007-01-31 | 7.12% |
| 2006-10-31 | 6.75% |
| 2006-07-31 | 7.97% |
| 2006-04-30 | 8.69% |
| 2006-01-31 | 8.99% |
| 2005-10-31 | 9.39% |
| 2005-07-31 | 8.21% |
| 2005-04-30 | 7.52% |
| 2005-01-31 | 5.84% |
| 2004-10-31 | 5.75% |
| 2004-07-31 | 6.51% |
| 2004-04-30 | 6.30% |
| 2004-01-31 | 7.15% |
| 2003-10-31 | 7.44% |
| 2003-07-31 | 7.28% |
