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 7.32% is in line with its 5-year average of 7.34%, around the middle of its 5-year range (5.33%–8.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.85% above its 12-month average of 7.19%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.32%.
RETURN ON INVESTED CAPITAL (ROIC)
7.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+1.85%
CURRENT VS 3Y AVG
+5.48%
CURRENT VS 5Y AVG
-0.33%
CURRENT VS 10Y AVG
-15.18%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
3.65%
median of 97 covered companies
CURRENT VS SECTOR MEDIAN
+100.57%
vs the sector median at left
FirstService Corporation
Market Cap
$5.92B
Return on Invested Capital (ROIC)
7.32%
TTM Avg
7.19%
3Y Avg
6.94%
5Y Avg
7.34%
Market Cap
$6.19B
Return on Invested Capital (ROIC)
1.37%
TTM Avg
3.12%
3Y Avg
2.88%
5Y Avg
2.35%
Market Cap
$6.23B
Return on Invested Capital (ROIC)
1.37%
TTM Avg
3.12%
3Y Avg
2.88%
5Y Avg
2.35%
Market Cap
$6.46B
Return on Invested Capital (ROIC)
1.37%
TTM Avg
3.12%
3Y Avg
2.88%
5Y Avg
2.35%
Market Cap
$6.83B
Return on Invested Capital (ROIC)
3.65%
TTM Avg
3.42%
3Y Avg
3.48%
5Y Avg
3.75%
Market Cap
$4.82B
Return on Invested Capital (ROIC)
1.85%
TTM Avg
4.88%
3Y Avg
4.41%
5Y Avg
3.55%
Market Cap
$4.82B
Return on Invested Capital (ROIC)
4.14%
TTM Avg
6.18%
3Y Avg
7.13%
5Y Avg
7.07%
Market Cap
$4.36B
Return on Invested Capital (ROIC)
4.07%
TTM Avg
5.39%
3Y Avg
5.39%
5Y Avg
3.51%
Market Cap
$7.71B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
6.31%
3Y Avg
6.25%
5Y Avg
5.96%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstService Corporation (FSV) | $5.92B | 7.32% | 7.19% | 6.94% | 7.34% |
| Brookfield Property Partners L.P. (BPYPN)vs › | $6.19B | 1.37% | 3.12% | 2.88% | 2.35% |
| Brookfield Property Partners L.P. (BPYPO)vs › | $6.23B | 1.37% | 3.12% | 2.88% | 2.35% |
| Brookfield Property Partners L.P. (BPYPP)vs › | $6.46B | 1.37% | 3.12% | 2.88% | 2.35% |
| Terreno Realty Corporation (TRNO)vs › | $6.83B | 3.65% | 3.42% | 3.48% | 3.75% |
| Sabra Health Care REIT, Inc. (SBRA)vs › | $4.82B | 1.85% | 4.88% | 4.41% | 3.55% |
| Phillips Edison & Co. (PECO)vs › | $4.82B | 4.14% | 6.18% | 7.13% | 7.07% |
| Colliers International Group Inc. (CIGI)vs › | $4.36B | 4.07% | 5.39% | 5.39% | 3.51% |
| NNN REIT, Inc. (NNN)vs › | $7.71B | 6.18% | 6.31% | 6.25% | 5.96% |
| Lineage, Inc. (LINE)vs › | $7.84B | 1.56% | 1.76% | -0.11% | 0.02% |
ROIC
7.3%
ROE
13.2%
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 | 7.32% |
| 2026-03-31 | 7.20% |
| 2025-12-31 | 7.05% |
| 2025-09-30 | 6.98% |
| 2025-06-30 | 7.39% |
| 2025-03-31 | 7.16% |
| 2024-12-31 | 7.26% |
| 2024-09-30 | 6.43% |
| 2024-06-30 | 5.33% |
| 2024-03-31 | 5.89% |
| 2023-12-31 | 6.12% |
| 2023-09-30 | 8.15% |
| 2023-06-30 | 7.93% |
| 2023-03-31 | 7.37% |
| 2022-12-31 | 7.53% |
| 2022-09-30 | 7.13% |
| 2022-06-30 | 7.41% |
| 2022-03-31 | 7.47% |
| 2021-12-31 | 7.73% |
| 2021-09-30 | 8.52% |
| 2021-06-30 | 8.68% |
| 2021-03-31 | 8.30% |
| 2020-12-31 | 7.47% |
| 2020-09-30 | 6.78% |
| 2020-06-30 | 6.25% |
| 2020-03-31 | -10.87% |
| 2019-12-31 | -10.89% |
| 2019-09-30 | -11.37% |
| 2019-06-30 | -11.98% |
| 2019-03-31 | 11.07% |
| 2018-12-31 | 12.74% |
| 2018-09-30 | 13.60% |
| 2018-06-30 | 12.87% |
| 2018-03-31 | 12.11% |
| 2017-12-31 | 13.06% |
| 2017-09-30 | 10.75% |
| 2017-06-30 | 11.74% |
| 2017-03-31 | 11.33% |
| 2016-12-31 | 10.21% |
| 2016-09-30 | 9.82% |
| 2016-06-30 | 9.18% |
| 2016-03-31 | 9.43% |
| 2015-12-31 | 9.93% |
| 2015-09-30 | 2.95% |
| 2015-06-30 | 3.67% |
| 2015-03-31 | 3.04% |
| 2014-12-31 | 6.19% |
| 2014-09-30 | 8.80% |
| 2014-06-30 | 8.35% |
| 2014-03-31 | 6.83% |
| 2013-12-31 | 6.60% |
| 2013-09-30 | 5.10% |
