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 12.80% is 23% above its 5-year average of 10.40%, near the high end of its 5-year range (8.61%–12.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.51% above its 12-month average of 12.36%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 12.80%.
RETURN ON INVESTED CAPITAL (ROIC)
12.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+3.51%
CURRENT VS 3Y AVG
+17.94%
CURRENT VS 5Y AVG
+23.05%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.77%
median of 30 covered companies
CURRENT VS SECTOR MEDIAN
+89.18%
vs the sector median at left
Fox Corporation
Market Cap
$28.41B
Return on Invested Capital (ROIC)
12.80%
TTM Avg
12.36%
3Y Avg
10.85%
5Y Avg
10.40%
Market Cap
$30.56B
Return on Invested Capital (ROIC)
23.61%
TTM Avg
-5.53%
3Y Avg
-8.04%
5Y Avg
-8.91%
Market Cap
$22.89B
Return on Invested Capital (ROIC)
7.56%
TTM Avg
-3.63%
3Y Avg
-12.34%
5Y Avg
-7.26%
Market Cap
$20.74B
Return on Invested Capital (ROIC)
7.04%
TTM Avg
9.14%
3Y Avg
10.96%
5Y Avg
11.24%
Market Cap
$39.38B
Return on Invested Capital (ROIC)
3.73%
TTM Avg
7.85%
3Y Avg
7.53%
5Y Avg
0.14%
Market Cap
$16.67B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.46%
3Y Avg
4.42%
5Y Avg
4.67%
Market Cap
$16.62B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.32%
3Y Avg
7.21%
5Y Avg
6.83%
Market Cap
$14.33B
Return on Invested Capital (ROIC)
6.70%
TTM Avg
4.86%
3Y Avg
7.34%
5Y Avg
8.06%
Market Cap
$12.31B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fox Corporation (FOXA) | $28.41B | 12.80% | 12.36% | 10.85% | 10.40% |
| Reddit, Inc. (RDDT)vs › | $30.56B | 23.61% | -5.53% | -8.04% | -8.91% |
| Roku, Inc. (ROKU)vs › | $22.89B | 7.56% | -3.63% | -12.34% | -7.26% |
| Omnicom Group Inc. (OMC)vs › | $20.74B | 7.04% | 9.14% | 10.96% | 11.24% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.38B | 3.73% | 7.85% | 7.53% | 0.14% |
| News Corporation (NWSA)vs › | $16.67B | 5.72% | 5.46% | 4.42% | 4.67% |
| Charter Communications, Inc. (CHTR)vs › | $16.62B | 6.83% | 7.32% | 7.21% | 6.83% |
| TKO Group Holdings, Inc. (TKO)vs › | $14.33B | 6.70% | 4.86% | 7.34% | 8.06% |
| Pinterest, Inc. (PINS)vs › | $12.31B | 5.38% | 4.75% | 0.70% | 1.11% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $10.78B | -15.75% | -5.76% | -4.18% | -4.18% |
ROIC
12.8%
ROE
14.5%
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 | 12.80% |
| 2026-03-31 | 12.59% |
| 2025-12-31 | 12.48% |
| 2025-09-30 | 12.04% |
| 2025-06-30 | 11.92% |
| 2025-03-31 | 11.14% |
| 2024-12-31 | 11.23% |
| 2024-09-30 | 9.81% |
| 2024-06-30 | 9.33% |
| 2024-03-31 | 9.24% |
| 2023-12-31 | 8.61% |
| 2023-09-30 | 9.57% |
| 2023-06-30 | 10.31% |
| 2023-03-31 | 10.35% |
| 2022-12-31 | 9.81% |
| 2022-09-30 | 9.23% |
| 2022-06-30 | 9.42% |
| 2022-03-31 | 9.51% |
| 2021-12-31 | 9.49% |
| 2021-09-30 | 9.45% |
| 2021-06-30 | 10.09% |
| 2021-03-31 | 10.10% |
| 2020-12-31 | 10.22% |
| 2020-09-30 | 10.13% |
| 2020-06-30 | 9.13% |
| 2020-03-31 | 9.73% |
| 2019-12-31 | 9.24% |
| 2019-09-30 | 9.95% |
| 2019-06-30 | 10.09% |
| 2019-03-31 | 11.13% |
| 2018-12-31 | 14.31% |
| 2018-09-30 | 18.06% |
| 2018-06-30 | 19.49% |
