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 3.86% is 80% above its 5-year average of 2.15%, around the middle of its 5-year range (-0.63%–9.04%).
As of the fiscal period ended Saturday, July 4, 2026. 42.20% above its 12-month average of 2.72%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-04): 3.86%.
RETURN ON INVESTED CAPITAL (ROIC)
3.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
0.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+42.20%
CURRENT VS 3Y AVG
+539.78%
CURRENT VS 5Y AVG
+79.65%
CURRENT VS 10Y AVG
+45.15%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
5.62%
median of 227 covered companies
CURRENT VS SECTOR MEDIAN
-31.27%
vs the sector median at left
National Vision Holdings, Inc.
Market Cap
$1.33B
Return on Invested Capital (ROIC)
3.86%
TTM Avg
2.72%
3Y Avg
0.60%
5Y Avg
2.15%
Market Cap
$1.33B
Return on Invested Capital (ROIC)
-67.71%
TTM Avg
-44.45%
3Y Avg
-41.78%
5Y Avg
-39.45%
Market Cap
$1.35B
Return on Invested Capital (ROIC)
11.85%
TTM Avg
10.07%
3Y Avg
12.86%
5Y Avg
11.06%
Market Cap
$1.30B
Return on Invested Capital (ROIC)
5.10%
TTM Avg
4.83%
3Y Avg
2.61%
5Y Avg
-0.16%
Market Cap
$1.37B
Return on Invested Capital (ROIC)
3.04%
TTM Avg
4.34%
3Y Avg
4.22%
5Y Avg
3.69%
Market Cap
$1.26B
Return on Invested Capital (ROIC)
-0.33%
TTM Avg
1.58%
3Y Avg
3.12%
5Y Avg
5.99%
Market Cap
$1.43B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
5.85%
3Y Avg
5.64%
5Y Avg
5.30%
Market Cap
$1.22B
Return on Invested Capital (ROIC)
10.17%
TTM Avg
5.64%
3Y Avg
9.87%
5Y Avg
11.80%
Market Cap
$1.44B
Return on Invested Capital (ROIC)
6.79%
TTM Avg
7.53%
3Y Avg
13.89%
5Y Avg
16.76%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| National Vision Holdings, Inc. (EYE) | $1.33B | 3.86% | 2.72% | 0.60% | 2.15% |
| Lucid Group, Inc. (LCID)vs › | $1.33B | -67.71% | -44.45% | -41.78% | -39.45% |
| Liquidity Services, Inc. (LQDT)vs › | $1.35B | 11.85% | 10.07% | 12.86% | 11.06% |
| BJ's Restaurants, Inc. (BJRI)vs › | $1.30B | 5.10% | 4.83% | 2.61% | -0.16% |
| The Goodyear Tire & Rubber Company (GT)vs › | $1.37B | 3.04% | 4.34% | 4.22% | 3.69% |
| Cracker Barrel Old Country Store (CBRL)vs › | $1.26B | -0.33% | 1.58% | 3.12% | 5.99% |
| MillerKnoll, Inc. (MLKN)vs › | $1.43B | 4.77% | 5.85% | 5.64% | 5.30% |
| Carter's Inc. (CRI)vs › | $1.22B | 10.17% | 5.64% | 9.87% | 11.80% |
| Arhaus, Inc. (ARHS)vs › | $1.44B | 6.79% | 7.53% | 13.89% | 16.76% |
| BOXABL Inc. (BXBL)vs › | $1.16B | N/A | N/A | N/A | N/A |
ROIC
3.9%
ROE
5.6%
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) |
|---|---|
| 2026-07-04 | 3.86% |
| 2026-04-04 | 3.62% |
| 2026-01-03 | 2.45% |
| 2025-09-27 | 0.93% |
| 2025-06-28 | 0.51% |
| 2025-03-29 | -0.46% |
| 2024-12-28 | -0.63% |
| 2024-09-28 | 0.12% |
| 2024-06-29 | 0.80% |
| 2024-03-30 | 0.59% |
| 2023-12-31 | 0.77% |
| 2023-09-30 | 0.97% |
| 2023-07-01 | 1.35% |
| 2023-04-01 | 1.74% |
| 2022-12-31 | 2.18% |
| 2022-10-01 | 2.99% |
| 2022-07-02 | 4.91% |
| 2022-04-02 | 6.45% |
| 2021-12-31 | 7.71% |
| 2021-10-02 | 9.04% |
| 2021-07-03 | 9.25% |
| 2021-04-03 | 5.29% |
| 2020-12-31 | 4.06% |
| 2020-09-26 | 1.97% |
| 2020-06-27 | -0.27% |
| 2020-03-28 | 3.00% |
| 2019-12-31 | 4.16% |
| 2019-09-28 | 2.48% |
| 2019-06-29 | 1.87% |
| 2019-03-30 | 2.13% |
| 2018-12-31 | 3.08% |
| 2018-09-29 | 4.17% |
| 2018-06-30 | 5.43% |
| 2018-03-31 | 4.70% |
| 2017-12-31 | 4.87% |
| 2017-09-30 | 2.69% |
| 2017-06-30 | 2.58% |
| 2016-12-31 | 2.74% |
