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 5.38% is 10% above its 5-year average of 4.89%, around the middle of its 5-year range (2.60%–7.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.45% above its 12-month average of 5.36%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 5.38%.
RETURN ON INVESTED CAPITAL (ROIC)
5.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.21%
CURRENT VS TTM AVG
+0.45%
CURRENT VS 3Y AVG
+4.52%
CURRENT VS 5Y AVG
+10.07%
CURRENT VS 10Y AVG
+92.23%
CURRENT VS 15Y AVG
+177.07%
CURRENT VS 20Y AVG
+346.07%
SECTOR MEDIAN · BASIC MATERIALS
8.91%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-39.64%
vs the sector median at left
CEMEX, S.A.B. de C.V.
Market Cap
$15.51B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
5.36%
3Y Avg
5.15%
5Y Avg
4.89%
Market Cap
$17.14B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
3.00%
3Y Avg
3.68%
5Y Avg
3.67%
Market Cap
$13.86B
Return on Invested Capital (ROIC)
3.34%
TTM Avg
-1.80%
3Y Avg
3.73%
5Y Avg
4.13%
Market Cap
$13.57B
Return on Invested Capital (ROIC)
14.71%
TTM Avg
15.71%
3Y Avg
14.68%
5Y Avg
12.21%
Market Cap
$13.52B
Return on Invested Capital (ROIC)
27.22%
TTM Avg
28.00%
3Y Avg
28.22%
5Y Avg
27.69%
Market Cap
$18.19B
Return on Invested Capital (ROIC)
-9.23%
TTM Avg
-3.27%
3Y Avg
1.87%
5Y Avg
2.65%
Market Cap
$12.80B
Return on Invested Capital (ROIC)
10.97%
TTM Avg
11.50%
3Y Avg
11.54%
5Y Avg
11.16%
Market Cap
$12.74B
Return on Invested Capital (ROIC)
8.32%
TTM Avg
6.03%
3Y Avg
4.95%
5Y Avg
5.52%
Market Cap
$19.96B
Return on Invested Capital (ROIC)
11.60%
TTM Avg
5.67%
3Y Avg
19.63%
5Y Avg
15.64%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CEMEX, S.A.B. de C.V. (CX) | $15.51B | 5.38% | 5.36% | 5.15% | 4.89% |
| DuPont de Nemours, Inc. (DD)vs › | $17.14B | 4.88% | 3.00% | 3.68% | 3.67% |
| Albemarle Corporation (ALB)vs › | $13.86B | 3.34% | -1.80% | 3.73% | 4.13% |
| Carlisle Companies Incorporated (CSL)vs › | $13.57B | 14.71% | 15.71% | 14.68% | 12.21% |
| Masco Corporation (MAS)vs › | $13.52B | 27.22% | 28.00% | 28.22% | 27.69% |
| International Paper Company (IP)vs › | $18.19B | -9.23% | -3.27% | 1.87% | 2.65% |
| RPM International Inc. (RPM)vs › | $12.80B | 10.97% | 11.50% | 11.54% | 11.16% |
| Alcoa Corporation (AA)vs › | $12.74B | 8.32% | 6.03% | 4.95% | 5.52% |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $19.96B | 11.60% | 5.67% | 19.63% | 15.64% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.13B | 9.36% | 9.00% | 13.00% | 12.81% |
ROIC
5.4%
ROE
3.9%
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 | 5.38% |
| 2026-03-31 | 4.98% |
| 2025-12-31 | 4.27% |
| 2025-09-30 | 5.98% |
| 2025-06-30 | 6.17% |
| 2025-03-31 | 6.90% |
| 2024-12-31 | 7.71% |
| 2024-09-30 | 4.49% |
| 2024-06-30 | 4.81% |
| 2024-03-31 | 4.70% |
| 2023-12-31 | 4.50% |
| 2023-09-30 | 3.57% |
| 2023-06-30 | 3.46% |
| 2023-03-31 | 3.48% |
| 2022-12-31 | 3.48% |
| 2022-09-30 | 6.23% |
| 2022-06-30 | 3.32% |
| 2021-12-31 | 5.94% |
| 2021-09-30 | 5.80% |
| 2021-06-30 | 2.60% |
| 2021-03-31 | 1.36% |
| 2020-12-31 | -1.90% |
| 2020-09-30 | -2.79% |
| 2020-06-30 | 1.66% |
| 2020-03-31 | 2.03% |
| 2019-12-31 | 2.07% |
| 2019-09-30 | 2.27% |
| 2019-06-30 | 2.44% |
| 2019-03-31 | 1.78% |
| 2018-12-31 | 1.33% |
| 2018-09-30 | 1.23% |
| 2018-06-30 | 0.21% |
| 2018-03-31 | 0.28% |
| 2017-12-31 | 0.32% |
| 2017-09-30 | 0.37% |
| 2017-06-30 | 0.36% |
| 2017-03-31 | 0.31% |
| 2016-12-31 | 0.28% |
| 2016-09-30 | 0.30% |
| 2016-06-30 | 0.27% |
| 2016-03-31 | 0.22% |
| 2015-12-31 | 0.17% |
| 2015-09-30 | 0.26% |
| 2015-06-30 | 0.28% |
| 2015-03-31 | 0.18% |
| 2014-12-31 | 0.28% |
| 2014-09-30 | 0.32% |
| 2014-06-30 | 0.30% |
| 2014-03-31 | 0.27% |
| 2013-12-31 | 0.26% |
| 2013-09-30 | 0.23% |
| 2013-06-30 | 0.20% |
| 2013-03-31 | 0.20% |
| 2012-12-31 | 0.20% |
| 2012-09-30 | 0.23% |
| 2012-06-30 | 0.22% |
| 2012-03-31 | 0.21% |
| 2011-12-31 | 0.18% |
| 2011-09-30 | 0.16% |
| 2011-06-30 | 0.17% |
| 2011-03-31 | 0.17% |
| 2010-12-31 | 0.16% |
| 2010-09-30 | 0.14% |
| 2010-06-30 | 0.16% |
| 2010-03-31 | 0.17% |
| 2009-12-31 | 0.21% |
| 2009-09-30 | 0.45% |
| 2009-06-30 | 0.63% |
| 2009-03-31 | 0.79% |
| 2008-12-31 | 0.79% |
| 2008-09-30 | 0.58% |
| 2008-06-30 | 0.82% |
| 2008-03-31 | 0.84% |
| 2007-12-31 | 0.74% |
| 2007-09-30 | 0.80% |
| 2007-06-30 | 0.78% |
| 2007-03-31 | 0.85% |
| 2006-12-31 | 0.82% |
| 2006-09-30 | 0.90% |
| 2006-06-30 | 0.89% |
| 2006-03-31 | 0.89% |
| 2005-12-31 | 0.83% |
| 2005-09-30 | 0.94% |
| 2005-06-30 | 0.80% |
| 2005-03-31 | 0.71% |
| 2004-12-31 | 0.89% |
| 2004-09-30 | 0.97% |
| 2004-06-30 | 0.92% |
| 2004-03-31 | 0.92% |
| 2003-12-31 | 0.81% |
| 2003-09-30 | 0.83% |
| 2003-06-30 | 0.84% |
