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 6.83% is in line with its 5-year average of 7.18%, around the middle of its 5-year range (5.89%–7.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.56% below its 12-month average of 7.24%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.03%
CURRENT VS TTM AVG
-5.56%
CURRENT VS 3Y AVG
-5.19%
CURRENT VS 5Y AVG
-4.80%
CURRENT VS 10Y AVG
+27.98%
CURRENT VS 15Y AVG
+36.15%
CURRENT VS 20Y AVG
+35.97%
SECTOR MEDIAN · COMMUNICATION SERVICES
6.70%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
+2.00%
vs the sector median at left
Charter Communications, Inc.
Market Cap
$19.76B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.24%
3Y Avg
7.21%
5Y Avg
7.18%
Market Cap
$22.25B
Return on Invested Capital (ROIC)
7.04%
TTM Avg
9.14%
3Y Avg
10.96%
5Y Avg
11.24%
Market Cap
$16.56B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.46%
3Y Avg
4.42%
5Y Avg
4.67%
Market Cap
$22.94B
Return on Invested Capital (ROIC)
7.56%
TTM Avg
-3.63%
3Y Avg
-12.34%
5Y Avg
-7.26%
Market Cap
$25.07B
Return on Invested Capital (ROIC)
2.83%
TTM Avg
-0.39%
3Y Avg
0.46%
5Y Avg
8.28%
Market Cap
$13.64B
Return on Invested Capital (ROIC)
6.70%
TTM Avg
4.86%
3Y Avg
7.34%
5Y Avg
8.06%
Market Cap
$12.85B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
Market Cap
$11.83B
Return on Invested Capital (ROIC)
-15.75%
TTM Avg
-5.76%
3Y Avg
-4.18%
5Y Avg
-4.18%
Market Cap
$28.33B
Return on Invested Capital (ROIC)
12.80%
TTM Avg
12.36%
3Y Avg
11.09%
5Y Avg
10.65%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Charter Communications, Inc. (CHTR) | $19.76B | 6.83% | 7.24% | 7.21% | 7.18% |
| Omnicom Group Inc. (OMC)vs › | $22.25B | 7.04% | 9.14% | 10.96% | 11.24% |
| News Corporation (NWSA)vs › | $16.56B | 5.72% | 5.46% | 4.42% | 4.67% |
| Roku, Inc. (ROKU)vs › | $22.94B | 7.56% | -3.63% | -12.34% | -7.26% |
| EchoStar Corporation (SATS)vs › | $25.07B | 2.83% | -0.39% | 0.46% | 8.28% |
| TKO Group Holdings, Inc. (TKO)vs › | $13.64B | 6.70% | 4.86% | 7.34% | 8.06% |
| Pinterest, Inc. (PINS)vs › | $12.85B | 5.38% | 4.75% | 0.70% | 1.11% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.83B | -15.75% | -5.76% | -4.18% | -4.18% |
| Fox Corporation (FOXA)vs › | $28.33B | 12.80% | 12.36% | 11.09% | 10.65% |
| Reddit, Inc. (RDDT)vs › | $29.75B | 23.61% | -5.53% | -8.04% | -8.91% |
ROIC
6.8%
ROE
29.1%
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 | 6.83% |
| 2026-03-31 | 7.09% |
| 2025-12-31 | 7.23% |
| 2025-09-30 | 7.43% |
| 2025-06-30 | 7.60% |
| 2025-03-31 | 7.58% |
| 2024-12-31 | 7.41% |
| 2024-09-30 | 7.19% |
| 2024-06-30 | 7.12% |
| 2024-03-31 | 7.05% |
| 2023-12-31 | 7.06% |
| 2023-09-30 | 7.06% |
| 2023-06-30 | 7.05% |
| 2023-03-31 | 7.14% |
| 2022-12-31 | 7.16% |
| 2022-09-30 | 7.37% |
| 2022-06-30 | 7.28% |
| 2022-03-31 | 6.93% |
| 2021-12-31 | 6.80% |
| 2021-09-30 | 6.34% |
| 2021-06-30 | 5.89% |
| 2021-03-31 | 5.60% |
| 2020-12-31 | 5.34% |
| 2020-09-30 | 5.08% |
| 2020-06-30 | 4.63% |
| 2020-03-31 | 4.36% |
| 2019-12-31 | 3.89% |
| 2019-09-30 | 3.71% |
| 2019-06-30 | 3.64% |
| 2019-03-31 | 3.55% |
| 2018-12-31 | 3.55% |
| 2018-09-30 | 3.69% |
| 2018-06-30 | 3.44% |
| 2018-03-31 | 3.28% |
| 2017-12-31 | 3.24% |
| 2017-09-30 | 2.53% |
| 2017-06-30 | 2.68% |
| 2017-03-31 | 2.91% |
| 2016-12-31 | 2.40% |
| 2016-09-30 | 1.71% |
| 2016-06-30 | 1.11% |
| 2016-03-31 | 3.02% |
| 2015-12-31 | 2.98% |
| 2015-09-30 | 3.05% |
| 2015-06-30 | 3.55% |
| 2015-03-31 | 2.40% |
| 2014-12-31 | 2.37% |
| 2014-09-30 | 2.72% |
| 2014-06-30 | 3.35% |
| 2014-03-31 | 3.29% |
| 2013-12-31 | 5.84% |
| 2013-09-30 | 5.67% |
| 2013-06-30 | 6.23% |
| 2013-03-31 | 6.44% |
| 2012-12-31 | 6.48% |
| 2012-09-30 | 3.49% |
| 2012-06-30 | 3.81% |
| 2012-03-31 | 3.81% |
| 2011-12-31 | 3.94% |
| 2011-09-30 | 7.43% |
| 2011-06-30 | 7.36% |
| 2011-03-31 | 7.27% |
| 2010-12-31 | 3.94% |
| 2010-09-30 | 88.54% |
| 2010-06-30 | 94.03% |
| 2010-03-31 | 92.81% |
| 2009-12-31 | 90.28% |
| 2009-09-30 | 12.89% |
| 2009-06-30 | 9.42% |
| 2009-03-31 | 8.86% |
| 2008-12-31 | 7.66% |
| 2008-09-30 | 5.32% |
| 2008-06-30 | 4.67% |
| 2008-03-31 | 4.34% |
| 2007-12-31 | 4.11% |
| 2007-09-30 | 4.63% |
| 2007-06-30 | 4.24% |
| 2007-03-31 | 3.87% |
| 2006-12-31 | 2.77% |
| 2006-09-30 | 2.44% |
| 2006-06-30 | 2.25% |
| 2006-03-31 | 2.01% |
| 2005-12-31 | 2.25% |
| 2005-09-30 | 2.16% |
| 2005-06-30 | -13.34% |
| 2005-03-31 | -13.97% |
| 2004-12-31 | -12.43% |
| 2004-09-30 | -12.32% |
| 2004-06-30 | 2.67% |
| 2004-03-31 | 3.18% |
| 2003-12-31 | 2.61% |
| 2003-09-30 | -19.38% |
| 2003-06-30 | -19.74% |