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 14.60% is 14% below its 5-year average of 17.02%, near the low end of its 5-year range (10.98%–27.33%).
As of the fiscal period ended Saturday, June 27, 2026. 4.57% below its 12-month average of 15.30%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-27): 14.60%.
RETURN ON INVESTED CAPITAL (ROIC)
14.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
15.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
17.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.90%
CURRENT VS TTM AVG
-4.57%
CURRENT VS 3Y AVG
+1.47%
CURRENT VS 5Y AVG
-14.20%
CURRENT VS 10Y AVG
+15.63%
CURRENT VS 15Y AVG
+40.57%
CURRENT VS 20Y AVG
+84.78%
SECTOR MEDIAN · CONSUMER CYCLICAL
5.37%
median of 252 covered companies
CURRENT VS SECTOR MEDIAN
+171.91%
vs the sector median at left
Cavco Industries, Inc.
Market Cap
$4.46B
Return on Invested Capital (ROIC)
14.60%
TTM Avg
15.30%
3Y Avg
14.39%
5Y Avg
17.02%
Market Cap
$4.61B
Return on Invested Capital (ROIC)
7.88%
TTM Avg
10.43%
3Y Avg
9.21%
5Y Avg
9.60%
Market Cap
$4.64B
Return on Invested Capital (ROIC)
6.80%
TTM Avg
15.81%
3Y Avg
16.00%
5Y Avg
16.45%
Market Cap
$4.20B
Return on Invested Capital (ROIC)
6.72%
TTM Avg
6.94%
3Y Avg
5.19%
5Y Avg
2.00%
Market Cap
$4.09B
Return on Invested Capital (ROIC)
11.13%
TTM Avg
11.44%
3Y Avg
18.23%
5Y Avg
21.08%
Market Cap
$4.86B
Return on Invested Capital (ROIC)
31.32%
TTM Avg
37.77%
3Y Avg
33.95%
5Y Avg
29.97%
Market Cap
$3.78B
Return on Invested Capital (ROIC)
13.20%
TTM Avg
12.25%
3Y Avg
10.07%
5Y Avg
10.44%
Market Cap
$5.20B
Return on Invested Capital (ROIC)
7.01%
TTM Avg
7.91%
3Y Avg
7.83%
5Y Avg
7.56%
Market Cap
$3.63B
Return on Invested Capital (ROIC)
24.92%
TTM Avg
24.52%
3Y Avg
25.17%
5Y Avg
26.59%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cavco Industries, Inc. (CVCO) | $4.46B | 14.60% | 15.30% | 14.39% | 17.02% |
| Mattel, Inc. (MAT)vs › | $4.61B | 7.88% | 10.43% | 9.21% | 9.60% |
| Gentex Corporation (GNTX)vs › | $4.64B | 6.80% | 15.81% | 16.00% | 16.45% |
| MakeMyTrip Limited (MMYT)vs › | $4.20B | 6.72% | 6.94% | 5.19% | 2.00% |
| BRP Inc. (DOO)vs › | $4.09B | 11.13% | 11.44% | 18.23% | 21.08% |
| Garrett Motion Inc. (GTX)vs › | $4.86B | 31.32% | 37.77% | 33.95% | 29.97% |
| Dorman Products, Inc. (DORM)vs › | $3.78B | 13.20% | 12.25% | 10.07% | 10.44% |
| Vail Resorts, Inc. (MTN)vs › | $5.20B | 7.01% | 7.91% | 7.83% | 7.56% |
| Bath & Body Works, Inc. (BBWI)vs › | $3.63B | 24.92% | 24.52% | 25.17% | 26.59% |
| H&R Block, Inc. (HRB)vs › | $5.36B | 38.84% | -11.77% | 6.89% | 10.63% |
ROIC
14.6%
ROE
16.3%
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) |
|---|---|
| 2026-06-27 | 14.60% |
| 2026-03-28 | 15.40% |
| 2025-12-27 | 14.92% |
| 2025-09-27 | 16.00% |
| 2025-06-28 | 15.58% |
| 2025-03-29 | 13.89% |
| 2024-12-28 | 13.73% |
| 2024-09-28 | 12.11% |
| 2024-06-29 | 11.90% |
| 2024-03-30 | 13.12% |
| 2023-12-30 | 14.79% |
| 2023-09-30 | 16.63% |
| 2023-07-01 | 19.97% |
| 2023-03-31 | 22.94% |
| 2022-12-31 | 24.61% |
| 2022-10-01 | 27.33% |
| 2022-07-02 | 25.40% |
| 2022-03-31 | 21.92% |
| 2022-01-01 | 18.59% |
| 2021-10-02 | 12.95% |
| 2021-07-03 | 10.98% |
| 2021-03-31 | 9.80% |
| 2020-12-26 | 8.62% |
| 2020-09-26 | 9.07% |
| 2020-06-27 | 9.75% |
| 2020-03-31 | 10.70% |
| 2019-12-28 | 11.89% |
| 2019-09-28 | 11.49% |
| 2019-06-29 | 11.31% |
| 2019-03-31 | 11.67% |
| 2018-12-29 | 11.65% |
| 2018-09-29 | 13.13% |
| 2018-06-30 | 11.83% |
| 2018-03-31 | 11.02% |
| 2017-12-30 | 10.13% |
| 2017-09-30 | 8.62% |
| 2017-07-01 | 9.56% |
| 2017-03-31 | 8.24% |
| 2016-12-31 | 7.60% |
| 2016-10-01 | 6.94% |
| 2016-07-02 | 6.80% |
| 2016-03-31 | 6.91% |
| 2015-12-26 | 6.80% |
| 2015-09-26 | 6.36% |
| 2015-06-27 | 5.87% |
| 2015-03-31 | 6.02% |
| 2014-12-27 | 5.69% |
| 2014-09-27 | 5.90% |
| 2014-06-28 | 5.94% |
| 2014-03-31 | 5.58% |
| 2013-12-28 | 5.36% |
| 2013-09-28 | 4.60% |
| 2013-06-29 | 4.07% |
| 2013-03-31 | 3.54% |
| 2012-12-29 | 3.73% |
| 2012-09-30 | 3.87% |
| 2012-06-30 | 4.09% |
| 2012-03-31 | 4.02% |
| 2011-12-31 | 3.15% |
| 2011-09-30 | 1.62% |
| 2011-06-30 | 0.26% |
| 2011-03-31 | 1.00% |
| 2010-12-31 | 0.36% |
| 2010-09-30 | -0.10% |
| 2010-06-30 | -1.21% |
| 2010-03-31 | -3.01% |
| 2009-12-31 | -3.15% |
| 2009-09-30 | -2.42% |
| 2009-06-30 | -2.41% |
| 2009-03-31 | -0.27% |
| 2008-12-31 | 1.19% |
| 2008-09-30 | 1.76% |
| 2008-06-30 | 2.43% |
| 2008-03-31 | 2.82% |
| 2007-12-31 | 3.08% |
| 2007-09-30 | 3.66% |
| 2007-06-30 | 4.64% |
| 2007-03-31 | 6.53% |
| 2006-12-31 | 8.38% |
| 2006-09-30 | 9.63% |
| 2006-06-30 | 10.24% |
| 2006-03-31 | 10.19% |
| 2005-12-31 | 10.27% |
| 2005-09-30 | 9.75% |
| 2005-06-30 | 9.03% |
| 2005-03-31 | 7.88% |
| 2004-12-31 | 6.42% |
| 2004-09-30 | 6.30% |
| 2004-06-30 | 5.70% |
| 2004-03-31 | 5.18% |
| 2003-12-31 | 5.42% |
| 2003-09-30 | 5.92% |
| 2003-06-30 | 7.27% |