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 7.60% is 175% above its 5-year average of 2.76%, near the high end of its 5-year range (1.10%–8.38%).
As of the fiscal period ended Saturday, July 4, 2026. 22.91% above its 12-month average of 6.18%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-04): 7.60%.
RETURN ON INVESTED CAPITAL (ROIC)
7.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.76%
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
+22.91%
CURRENT VS 3Y AVG
+106.16%
CURRENT VS 5Y AVG
+175.42%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
5.73%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+32.67%
vs the sector median at left
Grocery Outlet Holding Corp.
Market Cap
$1.12B
Return on Invested Capital (ROIC)
7.60%
TTM Avg
6.18%
3Y Avg
3.69%
5Y Avg
2.76%
Market Cap
$1.14B
Return on Invested Capital (ROIC)
1.67%
TTM Avg
5.23%
3Y Avg
1.64%
5Y Avg
3.02%
Market Cap
$1.09B
Return on Invested Capital (ROIC)
-0.55%
TTM Avg
19.34%
3Y Avg
18.35%
5Y Avg
18.43%
Market Cap
$1.06B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
5.67%
3Y Avg
6.27%
5Y Avg
5.92%
Market Cap
$1.20B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
6.58%
3Y Avg
6.87%
5Y Avg
7.43%
Market Cap
$1.22B
Return on Invested Capital (ROIC)
3.51%
TTM Avg
10.87%
3Y Avg
11.44%
5Y Avg
11.44%
Market Cap
$1.23B
Return on Invested Capital (ROIC)
12.62%
TTM Avg
12.21%
3Y Avg
11.14%
5Y Avg
9.84%
Market Cap
$819.04M
Return on Invested Capital (ROIC)
10.85%
TTM Avg
6.29%
3Y Avg
-4.81%
5Y Avg
-1.72%
Market Cap
$796.03M
Return on Invested Capital (ROIC)
12.11%
TTM Avg
12.40%
3Y Avg
14.98%
5Y Avg
15.58%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grocery Outlet Holding Corp. (GO) | $1.12B | 7.60% | 6.18% | 3.69% | 2.76% |
| Mission Produce, Inc. (AVO)vs › | $1.14B | 1.67% | 5.23% | 1.64% | 3.02% |
| Oddity Tech Ltd. (ODD)vs › | $1.09B | -0.55% | 19.34% | 18.35% | 18.43% |
| Universal Corporation (UVV)vs › | $1.06B | 3.56% | 5.67% | 6.27% | 5.92% |
| Flowers Foods, Inc. (FLO)vs › | $1.20B | 5.41% | 6.58% | 6.87% | 7.43% |
| Air Global PLC Ordinary Shares (AIIR)vs › | $1.22B | 3.51% | 10.87% | 11.44% | 11.44% |
| Afya Limited (AFYA)vs › | $1.23B | 12.62% | 12.21% | 11.14% | 9.84% |
| American Public Education, Inc. (APEI)vs › | $819.04M | 10.85% | 6.29% | -4.81% | -1.72% |
| John B. Sanfilippo & Son, Inc. (JBSS)vs › | $796.03M | 12.11% | 12.40% | 14.98% | 15.58% |
| J&J Snack Foods Corp. (JJSF)vs › | $1.49B | 4.86% | 6.24% | 6.59% | 5.93% |
ROIC
7.6%
ROE
-46.7%
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 | 7.60% |
| 2026-04-04 | 8.38% |
| 2026-01-03 | 6.86% |
| 2025-09-27 | 1.89% |
| 2025-06-28 | 1.20% |
| 2025-03-29 | 1.10% |
| 2024-12-31 | 1.94% |
| 2024-09-28 | 2.27% |
| 2024-06-29 | 2.41% |
| 2024-03-30 | 2.91% |
| 2023-12-31 | 3.70% |
| 2023-09-30 | 3.97% |
| 2023-07-01 | 3.68% |
| 2023-04-01 | 3.61% |
| 2022-12-31 | 3.27% |
| 2022-10-01 | 2.84% |
| 2022-07-02 | 2.81% |
| 2022-04-02 | 2.58% |
| 2021-12-31 | 2.95% |
| 2021-10-02 | 3.79% |
| 2021-07-03 | 4.49% |
| 2021-04-03 | 4.97% |
| 2020-12-31 | 4.77% |
| 2020-09-26 | 4.39% |
| 2020-06-27 | 4.25% |
| 2020-03-28 | 2.99% |
| 2019-12-31 | 3.18% |
| 2019-09-28 | 3.38% |
| 2019-06-29 | 3.43% |
| 2019-03-31 | 3.24% |
| 2018-12-31 | 4.86% |
