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 29.91% is 10% above its 5-year average of 27.10%, near the high end of its 5-year range (22.38%–31.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.72% above its 12-month average of 29.12%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
29.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
29.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
28.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
27.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
27.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
27.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
26.99%
CURRENT VS TTM AVG
+2.72%
CURRENT VS 3Y AVG
+4.42%
CURRENT VS 5Y AVG
+10.39%
CURRENT VS 10Y AVG
+7.47%
CURRENT VS 15Y AVG
+10.48%
CURRENT VS 20Y AVG
+10.84%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+265.45%
vs the sector median at left
Colgate-Palmolive Company
Market Cap
$70.74B
Return on Invested Capital (ROIC)
29.91%
TTM Avg
29.12%
3Y Avg
28.64%
5Y Avg
27.10%
Market Cap
$73.90B
Return on Invested Capital (ROIC)
11.35%
TTM Avg
10.53%
3Y Avg
11.02%
5Y Avg
12.78%
Market Cap
$78.66B
Return on Invested Capital (ROIC)
6.47%
TTM Avg
7.29%
3Y Avg
6.73%
5Y Avg
6.46%
Market Cap
$84.40B
Return on Invested Capital (ROIC)
21.32%
TTM Avg
21.92%
3Y Avg
19.60%
5Y Avg
20.74%
Market Cap
$47.22B
Return on Invested Capital (ROIC)
9.52%
TTM Avg
8.05%
3Y Avg
7.69%
5Y Avg
6.49%
Market Cap
$44.29B
Return on Invested Capital (ROIC)
3.36%
TTM Avg
5.41%
3Y Avg
5.36%
5Y Avg
5.11%
Market Cap
$40.73B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
4.03%
3Y Avg
6.66%
5Y Avg
6.42%
Market Cap
$38.18B
Return on Invested Capital (ROIC)
12.53%
TTM Avg
12.83%
3Y Avg
14.30%
5Y Avg
13.20%
Market Cap
$36.78B
Return on Invested Capital (ROIC)
2.97%
TTM Avg
4.80%
3Y Avg
4.71%
5Y Avg
8.12%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Colgate-Palmolive Company (CL) | $70.74B | 29.91% | 29.12% | 28.64% | 27.10% |
| Target Corporation (TGT)vs › | $73.90B | 11.35% | 10.53% | 11.02% | 12.78% |
| Mondelez International, Inc. (MDLZ)vs › | $78.66B | 6.47% | 7.29% | 6.73% | 6.46% |
| Monster Beverage Corporation (MNST)vs › | $84.40B | 21.32% | 21.92% | 19.60% | 20.74% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $47.22B | 9.52% | 8.05% | 7.69% | 6.49% |
| Keurig Dr Pepper Inc. (KDP)vs › | $44.29B | 3.36% | 5.41% | 5.36% | 5.11% |
| Archer-Daniels-Midland Company (ADM)vs › | $40.73B | 4.89% | 4.03% | 6.66% | 6.42% |
| Sysco Corporation (SYY)vs › | $38.18B | 12.53% | 12.83% | 14.30% | 13.20% |
| The Estée Lauder Companies Inc. (EL)vs › | $36.78B | 2.97% | 4.80% | 4.71% | 8.12% |
| Kenvue Inc. (KVUE)vs › | $35.31B | 10.07% | 7.53% | 8.08% | 6.08% |
ROIC
29.9%
ROE
863.1%
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 | 29.91% |
| 2026-03-31 | 30.42% |
| 2025-12-31 | 30.20% |
| 2025-09-30 | 27.63% |
| 2025-06-30 | 27.44% |
| 2025-03-31 | 29.86% |
| 2024-12-31 | 31.95% |
| 2024-09-30 | 29.98% |
| 2024-06-30 | 29.81% |
| 2024-03-31 | 27.34% |
| 2023-12-31 | 25.35% |
| 2023-09-30 | 23.86% |
| 2023-06-30 | 22.38% |
| 2023-03-31 | 23.09% |
| 2022-12-31 | 23.56% |
| 2022-09-30 | 23.58% |
| 2022-06-30 | 25.41% |
| 2022-03-31 | 26.60% |
| 2021-12-31 | 27.27% |
| 2021-09-30 | 26.94% |
| 2021-06-30 | 26.48% |
| 2021-03-31 | 26.81% |
| 2020-12-31 | 26.59% |
| 2020-09-30 | 27.57% |
| 2020-06-30 | 27.46% |
| 2020-03-31 | 27.11% |
| 2019-12-31 | 24.99% |
| 2019-09-30 | 25.25% |
| 2019-06-30 | 29.41% |
| 2019-03-31 | 31.24% |
| 2018-12-31 | 32.58% |
| 2018-09-30 | 28.79% |
| 2018-06-30 | 29.35% |
| 2018-03-31 | 27.64% |
| 2017-12-31 | 26.87% |
| 2017-09-30 | 31.10% |
| 2017-06-30 | 31.65% |
| 2017-03-31 | 31.77% |
| 2016-12-31 | 30.29% |
| 2016-09-30 | 17.56% |
| 2016-06-30 | 18.17% |
| 2016-03-31 | 18.01% |
| 2015-12-31 | 17.91% |
| 2015-09-30 | 26.88% |
| 2015-06-30 | 24.72% |
| 2015-03-31 | 26.84% |
| 2014-12-31 | 23.51% |
| 2014-09-30 | 23.13% |
| 2014-06-30 | 23.45% |
| 2014-03-31 | 21.94% |
| 2013-12-31 | 23.56% |
| 2013-09-30 | 25.24% |
| 2013-06-30 | 25.03% |
| 2013-03-31 | 25.57% |
| 2012-12-31 | 26.27% |
| 2012-09-30 | 26.37% |
| 2012-06-30 | 26.58% |
| 2012-03-31 | 27.43% |
| 2011-12-31 | 27.58% |
| 2011-09-30 | 27.72% |
| 2011-06-30 | 25.91% |
| 2011-03-31 | 31.06% |
| 2010-12-31 | 29.22% |
| 2010-09-30 | 28.51% |
| 2010-06-30 | 30.40% |
| 2010-03-31 | 31.16% |
| 2009-12-31 | 31.03% |
| 2009-09-30 | 29.12% |
| 2009-06-30 | 27.44% |
| 2009-03-31 | 29.57% |
| 2008-12-31 | 27.97% |
| 2008-09-30 | 25.93% |
| 2008-06-30 | 23.53% |
| 2008-03-31 | 24.22% |
| 2007-12-31 | 25.49% |
| 2007-09-30 | 25.66% |
| 2007-06-30 | 25.22% |
| 2007-03-31 | 25.16% |
| 2006-12-31 | 22.07% |
| 2006-09-30 | 20.99% |
| 2006-06-30 | 20.96% |
| 2006-03-31 | 23.23% |
| 2005-12-31 | 22.88% |
| 2005-09-30 | 21.11% |
| 2005-06-30 | 20.19% |
| 2005-03-31 | 21.44% |
| 2004-12-31 | 21.55% |
| 2004-09-30 | 23.23% |
| 2004-06-30 | 23.58% |
| 2004-03-31 | 28.18% |
| 2003-12-31 | 27.66% |
| 2003-09-30 | 26.94% |
| 2003-06-30 | 26.04% |
