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 20.67% is 30% above its 5-year average of 15.94%, near the high end of its 5-year range (10.20%–24.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.71% below its 12-month average of 21.47%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 20.67%.
RETURN ON INVESTED CAPITAL (ROIC)
20.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
21.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
18.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
18.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
18.21%
CURRENT VS TTM AVG
-3.71%
CURRENT VS 3Y AVG
+19.95%
CURRENT VS 5Y AVG
+29.67%
CURRENT VS 10Y AVG
+12.70%
CURRENT VS 15Y AVG
+12.24%
CURRENT VS 20Y AVG
+13.52%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+152.59%
vs the sector median at left
The Clorox Company
Market Cap
$10.84B
Return on Invested Capital (ROIC)
20.67%
TTM Avg
21.47%
3Y Avg
17.24%
5Y Avg
15.94%
Market Cap
$11.54B
Return on Invested Capital (ROIC)
3.16%
TTM Avg
5.60%
3Y Avg
6.70%
5Y Avg
7.53%
Market Cap
$12.19B
Return on Invested Capital (ROIC)
12.96%
TTM Avg
13.07%
3Y Avg
12.75%
5Y Avg
13.99%
Market Cap
$13.18B
Return on Invested Capital (ROIC)
6.96%
TTM Avg
2.54%
3Y Avg
2.92%
5Y Avg
4.02%
Market Cap
$8.07B
Return on Invested Capital (ROIC)
9.90%
TTM Avg
9.28%
3Y Avg
6.44%
5Y Avg
6.44%
Market Cap
$13.84B
Return on Invested Capital (ROIC)
6.16%
TTM Avg
7.89%
3Y Avg
7.26%
5Y Avg
7.39%
Market Cap
$7.23B
Return on Invested Capital (ROIC)
-10.93%
TTM Avg
-10.93%
3Y Avg
-0.31%
5Y Avg
1.66%
Market Cap
$7.22B
Return on Invested Capital (ROIC)
-11.90%
TTM Avg
-2.96%
3Y Avg
-0.13%
5Y Avg
0.44%
Market Cap
$7.07B
Return on Invested Capital (ROIC)
5.33%
TTM Avg
9.14%
3Y Avg
4.96%
5Y Avg
4.24%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Clorox Company (CLX) | $10.84B | 20.67% | 21.47% | 17.24% | 15.94% |
| Hormel Foods Corporation (HRL)vs › | $11.54B | 3.16% | 5.60% | 6.70% | 7.53% |
| Brown-Forman Corporation (BF-B)vs › | $12.19B | 12.96% | 13.07% | 12.75% | 13.99% |
| The J. M. Smucker Company (SJM)vs › | $13.18B | 6.96% | 2.54% | 2.92% | 4.02% |
| Smithfield Foods, Inc. (SFD)vs › | $8.07B | 9.90% | 9.28% | 6.44% | 6.44% |
| McCormick & Company, Incorporated (MKC)vs › | $13.84B | 6.16% | 7.89% | 7.26% | 7.39% |
| Conagra Brands, Inc. (CAG)vs › | $7.23B | -10.93% | -10.93% | -0.31% | 1.66% |
| Molson Coors Beverage Company (TAP)vs › | $7.22B | -11.90% | -2.96% | -0.13% | 0.44% |
| Celsius Holdings, Inc. (CELH)vs › | $7.07B | 5.33% | 9.14% | 4.96% | 4.24% |
| Sprouts Farmers Market, Inc. (SFM)vs › | $6.82B | 14.19% | 14.39% | 12.20% | 12.04% |
ROIC
20.7%
ROE
652.2%
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 | 20.67% |
| 2026-03-31 | 16.96% |
| 2025-12-31 | 22.16% |
| 2025-09-30 | 22.89% |
| 2025-06-30 | 24.68% |
| 2025-03-31 | 23.03% |
| 2024-12-31 | 18.24% |
| 2024-09-30 | 16.16% |
| 2024-06-30 | 12.44% |
| 2024-03-31 | 11.61% |
| 2023-12-31 | 10.20% |
| 2023-09-30 | 11.37% |
| 2023-06-30 | 13.65% |
| 2023-03-31 | 11.76% |
| 2022-12-31 | 12.47% |
| 2022-09-30 | 11.54% |
| 2022-06-30 | 12.10% |
| 2022-03-31 | 11.65% |
| 2021-12-31 | 13.07% |
| 2021-09-30 | 16.77% |
| 2021-06-30 | 21.38% |
| 2021-03-31 | 23.68% |
| 2020-12-31 | 22.44% |
| 2020-09-30 | 21.56% |
| 2020-06-30 | 20.84% |
| 2020-03-31 | 20.13% |
| 2019-12-31 | 19.61% |
| 2019-09-30 | 20.04% |
| 2019-06-30 | 21.77% |
| 2019-03-31 | 20.60% |
| 2018-12-31 | 20.84% |
| 2018-09-30 | 21.95% |
| 2018-06-30 | 21.64% |
| 2018-03-31 | 19.19% |
| 2017-12-31 | 21.81% |
| 2017-09-30 | 21.40% |
| 2017-06-30 | 21.31% |
| 2017-03-31 | 19.48% |
| 2016-12-31 | 19.39% |
| 2016-09-30 | 19.63% |
| 2016-06-30 | 19.99% |
| 2016-03-31 | 21.53% |
| 2015-12-31 | 21.15% |
| 2015-09-30 | 21.48% |
| 2015-06-30 | 20.88% |
| 2015-03-31 | 19.60% |
| 2014-12-31 | 17.15% |
| 2014-09-30 | 19.76% |
| 2014-06-30 | 19.01% |
| 2014-03-31 | 18.81% |
| 2013-12-31 | 18.24% |
| 2013-09-30 | 19.14% |
| 2013-06-30 | 19.30% |
| 2013-03-31 | 17.98% |
| 2012-12-31 | 17.80% |
| 2012-09-30 | 16.25% |
| 2012-06-30 | 18.00% |
| 2012-03-31 | 17.19% |
| 2011-12-31 | 17.49% |
| 2011-09-30 | 15.20% |
| 2011-06-30 | 15.55% |
| 2011-03-31 | 16.45% |
| 2010-12-31 | 15.92% |
| 2010-09-30 | 16.62% |
| 2010-06-30 | 18.35% |
| 2010-03-31 | 17.52% |
| 2009-12-31 | 18.72% |
| 2009-09-30 | 18.17% |
| 2009-06-30 | 18.53% |
| 2009-03-31 | 17.93% |
| 2008-12-31 | 16.53% |
| 2008-09-30 | 16.04% |
| 2008-06-30 | 15.54% |
| 2008-03-31 | 15.18% |
| 2007-12-31 | 15.09% |
| 2007-09-30 | 20.69% |
| 2007-06-30 | 20.58% |
| 2007-03-31 | 18.94% |
| 2006-12-31 | 18.49% |
| 2006-09-30 | 18.10% |
| 2006-06-30 | 18.16% |
| 2006-03-31 | 17.80% |
| 2005-12-31 | 18.80% |
| 2005-09-30 | 20.37% |
| 2005-06-30 | 22.18% |
| 2005-03-31 | 21.11% |
| 2004-12-31 | 20.51% |
| 2004-09-30 | 19.30% |
| 2004-06-30 | 19.42% |
| 2004-03-31 | 18.77% |
| 2003-12-31 | 18.44% |
| 2003-09-30 | 18.49% |
| 2003-06-30 | 19.75% |
