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 6.53% is 19% below its 5-year average of 8.02%, near the low end of its 5-year range (5.44%–10.64%).
As of the fiscal period ended Saturday, June 27, 2026. 0.40% below its 12-month average of 6.55%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-27): 6.53%.
RETURN ON INVESTED CAPITAL (ROIC)
6.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.89%
CURRENT VS TTM AVG
-0.40%
CURRENT VS 3Y AVG
+0.53%
CURRENT VS 5Y AVG
-18.63%
CURRENT VS 10Y AVG
-25.81%
CURRENT VS 15Y AVG
-31.33%
CURRENT VS 20Y AVG
-34.04%
SECTOR MEDIAN · HEALTHCARE
8.75%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-25.38%
vs the sector median at left
Henry Schein, Inc.
Market Cap
$9.71B
Return on Invested Capital (ROIC)
6.53%
TTM Avg
6.55%
3Y Avg
6.49%
5Y Avg
8.02%
Market Cap
$9.73B
Return on Invested Capital (ROIC)
16.04%
TTM Avg
12.65%
3Y Avg
9.01%
5Y Avg
7.29%
Market Cap
$10.02B
Return on Invested Capital (ROIC)
10.49%
TTM Avg
5.87%
3Y Avg
5.79%
5Y Avg
6.13%
Market Cap
$10.16B
Return on Invested Capital (ROIC)
1.54%
TTM Avg
2.53%
3Y Avg
2.92%
5Y Avg
2.77%
Market Cap
$10.17B
Return on Invested Capital (ROIC)
7.29%
TTM Avg
7.04%
3Y Avg
6.95%
5Y Avg
7.54%
Market Cap
$10.33B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
12.01%
3Y Avg
15.07%
5Y Avg
15.28%
Market Cap
$10.52B
Return on Invested Capital (ROIC)
8.90%
TTM Avg
10.00%
3Y Avg
10.19%
5Y Avg
11.72%
Market Cap
$10.56B
Return on Invested Capital (ROIC)
4.76%
TTM Avg
4.09%
3Y Avg
3.90%
5Y Avg
4.30%
Market Cap
$10.58B
Return on Invested Capital (ROIC)
11.74%
TTM Avg
10.95%
3Y Avg
8.97%
5Y Avg
9.05%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Henry Schein, Inc. (HSIC) | $9.71B | 6.53% | 6.55% | 6.49% | 8.02% |
| Insulet Corp. (PODD)vs › | $9.73B | 16.04% | 12.65% | 9.01% | 7.29% |
| Globus Medical, Inc. (GMED)vs › | $10.02B | 10.49% | 5.87% | 5.79% | 6.13% |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.16B | 1.54% | 2.53% | 2.92% | 2.77% |
| The Ensign Group, Inc. (ENSG)vs › | $10.17B | 7.29% | 7.04% | 6.95% | 7.54% |
| Molina Healthcare, Inc. (MOH)vs › | $10.33B | 3.56% | 12.01% | 15.07% | 15.28% |
| Align Technology, Inc. (ALGN)vs › | $10.52B | 8.90% | 10.00% | 10.19% | 11.72% |
| The Cooper Companies, Inc. (COO)vs › | $10.56B | 4.76% | 4.09% | 3.90% | 4.30% |
| Universal Health Services, Inc. (UHS)vs › | $10.58B | 11.74% | 10.95% | 8.97% | 9.05% |
| Oscar Health, Inc. (OSCR)vs › | $8.11B | 22.98% | -12.21% | -17.44% | -20.18% |
ROIC
6.5%
ROE
12.8%
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) |
|---|---|
| 2026-06-27 | 6.53% |
| 2026-03-28 | 6.30% |
| 2025-12-27 | 6.67% |
| 2025-09-27 | 6.63% |
| 2025-06-28 | 6.64% |
| 2025-03-29 | 6.92% |
| 2024-12-31 | 6.81% |
| 2024-09-28 | 5.44% |
| 2024-06-29 | 5.64% |
| 2024-03-30 | 6.22% |
| 2023-12-31 | 6.56% |
| 2023-09-30 | 8.26% |
| 2023-07-01 | 8.96% |
| 2023-04-01 | 9.65% |
| 2022-12-31 | 10.40% |
| 2022-09-24 | 10.53% |
| 2022-06-25 | 10.64% |
| 2022-03-26 | 10.47% |
| 2021-12-31 | 10.56% |
| 2021-09-25 | 10.57% |
| 2021-06-26 | 10.73% |
| 2021-03-27 | 8.53% |
| 2020-12-31 | 8.14% |
| 2020-09-26 | 7.89% |
| 2020-06-27 | 7.82% |
| 2020-03-28 | 9.83% |
| 2019-12-31 | 10.78% |
| 2019-09-28 | 10.65% |
| 2019-06-29 | 10.38% |
| 2019-03-30 | 10.20% |
| 2018-12-31 | 8.97% |
| 2018-09-29 | 6.46% |
| 2018-06-30 | 7.38% |
| 2018-03-31 | 7.58% |
| 2017-12-31 | 8.27% |
| 2017-09-30 | 10.94% |
| 2017-06-30 | 11.29% |
| 2017-03-31 | 11.36% |
| 2016-12-31 | 11.42% |
| 2016-09-30 | 10.92% |
| 2016-06-30 | 10.69% |
| 2016-03-26 | 10.48% |
| 2015-12-31 | 11.03% |
| 2015-09-26 | 10.91% |
| 2015-06-27 | 10.92% |
| 2015-03-28 | 10.96% |
| 2014-12-31 | 10.95% |
| 2014-09-27 | 10.53% |
| 2014-06-28 | 10.80% |
| 2014-03-29 | 10.76% |
| 2013-12-31 | 11.75% |
| 2013-09-28 | 12.15% |
| 2013-06-29 | 11.76% |
| 2013-03-30 | 10.98% |
| 2012-12-31 | 10.92% |
| 2012-09-29 | 10.78% |
| 2012-06-30 | 11.16% |
| 2012-03-31 | 11.08% |
| 2011-12-31 | 11.22% |
| 2011-09-24 | 10.43% |
| 2011-06-25 | 10.15% |
| 2011-03-26 | 10.07% |
| 2010-12-31 | 10.36% |
| 2010-09-25 | 9.91% |
| 2010-06-26 | 10.41% |
| 2010-03-27 | 10.47% |
| 2009-12-31 | 11.99% |
| 2009-09-26 | 11.58% |
| 2009-06-27 | 10.65% |
| 2009-03-28 | 11.05% |
| 2008-12-31 | 10.88% |
| 2008-09-27 | 12.52% |
| 2008-06-28 | 11.90% |
| 2008-03-29 | 11.52% |
| 2007-12-31 | 11.75% |
| 2007-09-29 | 10.39% |
| 2007-06-30 | 9.85% |
| 2007-03-31 | 9.52% |
| 2006-12-31 | 9.29% |
| 2006-09-30 | 9.09% |
| 2006-07-01 | 9.17% |
| 2006-04-01 | 9.22% |
| 2005-12-31 | 9.35% |
| 2005-09-24 | 8.19% |
| 2005-06-25 | 7.95% |
| 2005-03-26 | 7.94% |
| 2004-12-31 | 7.66% |
| 2004-09-25 | 8.25% |
| 2004-06-26 | 9.40% |
| 2004-03-27 | 10.89% |
| 2003-12-31 | 11.14% |
| 2003-09-27 | 11.29% |
| 2003-06-28 | 11.09% |