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 5.08% is 12% below its 5-year average of 5.78%, around the middle of its 5-year range (4.33%–6.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.62% below its 12-month average of 5.96%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 5.08%.
RETURN ON INVESTED CAPITAL (ROIC)
5.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.36%
CURRENT VS TTM AVG
-14.62%
CURRENT VS 3Y AVG
-12.18%
CURRENT VS 5Y AVG
-12.10%
CURRENT VS 10Y AVG
-13.07%
CURRENT VS 15Y AVG
-16.91%
CURRENT VS 20Y AVG
-20.09%
SECTOR MEDIAN · REAL ESTATE
4.78%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+6.37%
vs the sector median at left
Federal Realty Investment Trust
Market Cap
$9.95B
Return on Invested Capital (ROIC)
5.08%
TTM Avg
5.96%
3Y Avg
5.79%
5Y Avg
5.78%
Market Cap
$10.25B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
5.83%
3Y Avg
5.07%
5Y Avg
4.81%
Market Cap
$10.47B
Return on Invested Capital (ROIC)
2.93%
TTM Avg
3.40%
3Y Avg
3.32%
5Y Avg
3.21%
Market Cap
$8.81B
Return on Invested Capital (ROIC)
6.88%
TTM Avg
7.40%
3Y Avg
7.29%
5Y Avg
7.17%
Market Cap
$8.77B
Return on Invested Capital (ROIC)
-4.46%
TTM Avg
-0.78%
3Y Avg
0.56%
5Y Avg
1.61%
Market Cap
$8.72B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
3.52%
3Y Avg
3.39%
5Y Avg
3.41%
Market Cap
$11.37B
Return on Invested Capital (ROIC)
4.92%
TTM Avg
2.76%
3Y Avg
3.41%
5Y Avg
3.13%
Market Cap
$8.40B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
6.31%
3Y Avg
6.25%
5Y Avg
5.96%
Market Cap
$8.08B
Return on Invested Capital (ROIC)
5.63%
TTM Avg
5.36%
3Y Avg
4.93%
5Y Avg
4.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Federal Realty Investment Trust (FRT) | $9.95B | 5.08% | 5.96% | 5.79% | 5.78% |
| BXP, Inc. (BXP)vs › | $10.25B | 4.89% | 5.83% | 5.07% | 4.81% |
| Camden Property Trust (CPT)vs › | $10.47B | 2.93% | 3.40% | 3.32% | 3.21% |
| CubeSmart (CUBE)vs › | $8.81B | 6.88% | 7.40% | 7.29% | 7.17% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.77B | -4.46% | -0.78% | 0.56% | 1.61% |
| Agree Realty Corporation (ADC)vs › | $8.72B | 3.56% | 3.52% | 3.39% | 3.41% |
| UDR, Inc. (UDR)vs › | $11.37B | 4.92% | 2.76% | 3.41% | 3.13% |
| NNN REIT, Inc. (NNN)vs › | $8.40B | 6.18% | 6.31% | 6.25% | 5.96% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.08B | 5.63% | 5.36% | 4.93% | 4.92% |
| CoStar Group, Inc. (CSGP)vs › | $11.99B | 0.60% | -0.18% | 1.60% | 2.44% |
ROIC
5.1%
ROE
13.0%
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 | 5.08% |
| 2026-03-31 | 5.99% |
| 2025-12-31 | 6.12% |
| 2025-09-30 | 6.24% |
| 2025-06-30 | 6.34% |
| 2025-03-31 | 5.79% |
| 2024-12-31 | 5.75% |
| 2024-09-30 | 5.79% |
| 2024-06-30 | 5.74% |
| 2024-03-31 | 5.16% |
| 2023-12-31 | 4.99% |
| 2023-09-30 | 5.69% |
| 2023-06-30 | 6.83% |
| 2023-03-31 | 6.74% |
| 2022-12-31 | 6.64% |
| 2022-09-30 | 6.39% |
| 2022-06-30 | 5.52% |
| 2022-03-31 | 5.43% |
| 2021-12-31 | 5.43% |
| 2021-09-30 | 5.48% |
| 2021-06-30 | 4.33% |
| 2021-03-31 | 3.92% |
| 2020-12-31 | 3.98% |
| 2020-09-30 | 4.06% |
| 2020-06-30 | 5.15% |
| 2020-03-31 | 5.54% |
| 2019-12-31 | 7.32% |
| 2019-09-30 | 6.02% |
| 2019-06-30 | 6.18% |
| 2019-03-31 | 5.91% |
| 2018-12-31 | 5.99% |
| 2018-09-30 | 5.97% |
| 2018-06-30 | 5.73% |
| 2018-03-31 | 5.56% |
| 2017-12-31 | 5.51% |
| 2017-09-30 | 5.58% |
| 2017-06-30 | 5.95% |
| 2017-03-31 | 5.82% |
| 2016-12-31 | 6.25% |
| 2016-09-30 | 6.11% |
| 2016-06-30 | 6.14% |
| 2016-03-31 | 6.25% |
| 2015-12-31 | 6.34% |
| 2015-09-30 | 6.51% |
| 2015-06-30 | 6.22% |
| 2015-03-31 | 6.14% |
| 2014-12-31 | 6.26% |
| 2014-09-30 | 6.18% |
| 2014-06-30 | 6.20% |
| 2014-03-31 | 6.10% |
| 2013-12-31 | 6.36% |
| 2013-09-30 | 6.52% |
| 2013-06-30 | 6.65% |
| 2013-03-31 | 6.91% |
| 2012-12-31 | 6.86% |
| 2012-09-30 | 6.80% |
| 2012-06-30 | 6.73% |
| 2012-03-31 | 6.59% |
| 2011-12-31 | 6.51% |
| 2011-09-30 | 7.39% |
| 2011-06-30 | 7.43% |
| 2011-03-31 | 7.37% |
| 2010-12-31 | 7.66% |
| 2010-09-30 | 7.90% |
| 2010-06-30 | 8.01% |
| 2010-03-31 | 7.99% |
| 2009-12-31 | 6.88% |
| 2009-09-30 | 6.06% |
| 2009-06-30 | 6.47% |
| 2009-03-31 | 6.71% |
| 2008-12-31 | 7.35% |
| 2008-09-30 | 7.07% |
| 2008-06-30 | 7.24% |
| 2008-03-31 | 6.51% |
| 2007-12-31 | 6.65% |
| 2007-09-30 | 7.13% |
| 2007-06-30 | 7.05% |
| 2007-03-31 | 6.85% |
| 2006-12-31 | 7.08% |
| 2006-09-30 | 7.28% |
| 2006-06-30 | 7.93% |
| 2006-03-31 | 6.70% |
| 2005-12-31 | 6.61% |
| 2005-09-30 | 6.33% |
| 2005-06-30 | 6.14% |
| 2005-03-31 | 5.88% |
| 2004-12-31 | 6.01% |
| 2004-09-30 | 6.20% |
| 2004-06-30 | 6.07% |
| 2004-03-31 | 5.78% |
| 2003-12-31 | 6.01% |
| 2003-09-30 | -0.02% |
| 2003-06-30 | -0.15% |
