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 11.37% is 386% above its 5-year average of 2.34%, near the high end of its 5-year range (-0.75%–11.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 184.49% above its 12-month average of 4.00%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
11.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-4.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-5.24%
CURRENT VS TTM AVG
+184.49%
CURRENT VS 3Y AVG
+522.55%
CURRENT VS 5Y AVG
+386.43%
CURRENT VS 10Y AVG
+2963.86%
CURRENT VS 15Y AVG
+349.19%
CURRENT VS 20Y AVG
+316.89%
SECTOR MEDIAN · BASIC MATERIALS
9.11%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+24.86%
vs the sector median at left
Endeavour Silver Corp.
Market Cap
$3.17B
Return on Invested Capital (ROIC)
11.37%
TTM Avg
4.00%
3Y Avg
1.83%
5Y Avg
2.34%
Market Cap
$3.39B
Return on Invested Capital (ROIC)
16.98%
TTM Avg
18.90%
3Y Avg
16.60%
5Y Avg
14.82%
Market Cap
$2.87B
Return on Invested Capital (ROIC)
22.75%
TTM Avg
22.77%
3Y Avg
21.03%
5Y Avg
20.92%
Market Cap
$4.13B
Return on Invested Capital (ROIC)
13.10%
TTM Avg
6.05%
3Y Avg
5.91%
5Y Avg
8.76%
Market Cap
$2.20B
Return on Invested Capital (ROIC)
-0.28%
TTM Avg
8.39%
3Y Avg
7.69%
5Y Avg
7.19%
Market Cap
$4.47B
Return on Invested Capital (ROIC)
18.02%
TTM Avg
10.21%
3Y Avg
4.78%
5Y Avg
4.76%
Market Cap
$1.24B
Return on Invested Capital (ROIC)
12.29%
TTM Avg
6.91%
3Y Avg
4.54%
5Y Avg
1.50%
Market Cap
$836.65M
Return on Invested Capital (ROIC)
-22.76%
TTM Avg
-45.10%
3Y Avg
-51.52%
5Y Avg
-62.49%
Market Cap
$7.14B
Return on Invested Capital (ROIC)
5.81%
TTM Avg
4.97%
3Y Avg
5.93%
5Y Avg
5.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Endeavour Silver Corp. (EXK) | $3.17B | 11.37% | 4.00% | 1.83% | 2.34% |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.39B | 16.98% | 18.90% | 16.60% | 14.82% |
| WD-40 Company (WDFC)vs › | $2.87B | 22.75% | 22.77% | 21.03% | 20.92% |
| Aris Mining Corporation (ARIS)vs › | $4.13B | 13.10% | 6.05% | 5.91% | 8.76% |
| Minerals Technologies Inc. (MTX)vs › | $2.20B | -0.28% | 8.39% | 7.69% | 7.19% |
| Griffon Corporation (GFF)vs › | $4.47B | 18.02% | 10.21% | 4.78% | 4.76% |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $1.24B | 12.29% | 6.91% | 4.54% | 1.50% |
| Lightwave Logic, Inc. (LWLG)vs › | $836.65M | -22.76% | -45.10% | -51.52% | -62.49% |
| Arcosa, Inc. (ACA)vs › | $7.14B | 5.81% | 4.97% | 5.93% | 5.31% |
| Builders FirstSource, Inc. (BLDR)vs › | $7.14B | 3.18% | 10.45% | 18.39% | 18.04% |
ROIC
11.4%
ROE
9.0%
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 | 11.37% |
| 2026-03-31 | 5.95% |
| 2025-12-31 | 3.09% |
| 2025-09-30 | -0.75% |
| 2025-06-30 | 0.32% |
| 2025-03-31 | 1.43% |
| 2024-12-31 | 1.29% |
| 2024-09-30 | 1.66% |
| 2024-06-30 | 0.26% |
| 2024-03-31 | 0.61% |
| 2023-12-31 | 1.14% |
| 2023-09-30 | 3.18% |
| 2023-06-30 | 3.74% |
| 2023-03-31 | 2.71% |
| 2022-12-31 | 3.66% |
| 2022-09-30 | 2.28% |
| 2022-06-30 | 3.23% |
| 2022-03-31 | 3.54% |
| 2021-12-31 | 4.75% |
| 2021-09-30 | 10.52% |
| 2021-06-30 | 10.29% |
| 2021-03-31 | 10.02% |
| 2020-12-31 | -0.44% |
| 2020-09-30 | -17.33% |
| 2020-06-30 | -22.45% |
| 2020-03-31 | -30.86% |
| 2019-12-31 | -30.98% |
| 2019-09-30 | -21.25% |
| 2019-06-30 | -25.53% |
| 2019-03-31 | -19.80% |
| 2018-12-31 | -11.40% |
| 2018-09-30 | -6.82% |
| 2018-06-30 | 1.14% |
| 2018-03-31 | 2.55% |
| 2017-12-31 | 4.90% |
| 2017-09-30 | 1.39% |
| 2017-06-30 | 4.97% |
| 2017-03-31 | 6.89% |
| 2016-12-31 | 6.71% |
| 2016-09-30 | -73.91% |
| 2016-06-30 | -94.09% |
| 2016-03-31 | -139.86% |
| 2015-12-31 | -148.77% |
| 2015-09-30 | -34.00% |
| 2015-06-30 | -36.49% |
| 2015-03-31 | -37.73% |
| 2014-12-31 | -38.09% |
| 2014-09-30 | -40.95% |
| 2014-06-30 | -31.06% |
| 2014-03-31 | -30.63% |
| 2013-12-31 | -29.84% |
| 2013-09-30 | 5.20% |
| 2013-06-30 | 4.22% |
| 2013-03-31 | 6.75% |
| 2012-12-31 | 8.56% |
| 2012-09-30 | 7.38% |
| 2012-06-30 | 11.71% |
| 2012-03-31 | 13.03% |
| 2011-12-31 | 11.06% |
| 2011-09-30 | 13.58% |
| 2011-06-30 | 11.09% |
| 2011-03-31 | 8.02% |
| 2010-12-31 | 4.39% |
| 2010-09-30 | 4.87% |
| 2010-06-30 | 3.87% |
| 2010-03-31 | 2.00% |
| 2009-12-31 | 0.01% |
| 2009-09-30 | -11.34% |
| 2009-06-30 | -16.39% |
| 2009-03-31 | -17.47% |
| 2008-12-31 | -20.79% |
| 2008-09-30 | -18.00% |
| 2008-06-30 | -13.63% |
| 2008-03-31 | -17.20% |
| 2007-12-31 | -15.79% |
| 2007-09-30 | -11.17% |
| 2007-06-30 | -8.52% |
| 2007-03-31 | -2.37% |
| 2006-12-31 | -3.63% |
| 2005-08-31 | -24.84% |
| 2005-05-31 | -26.95% |
| 2005-02-28 | -25.72% |
| 2004-11-30 | -19.42% |
| 2004-08-31 | -18.81% |
| 2004-05-31 | -15.51% |
| 2004-02-29 | -65.86% |
| 2003-11-30 | -34.83% |
| 2003-08-31 | -477.16% |
| 2003-05-31 | -266.76% |
| 2003-02-28 | -120.56% |
