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 6.84% is in line with its 5-year average of 6.60%, near the high end of its 5-year range (-6.49%–7.17%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.22% above its 12-month average of 6.44%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.84%.
RETURN ON INVESTED CAPITAL (ROIC)
6.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.81%
CURRENT VS TTM AVG
+6.22%
CURRENT VS 3Y AVG
+2.83%
CURRENT VS 5Y AVG
+3.77%
CURRENT VS 10Y AVG
+20.39%
CURRENT VS 15Y AVG
+41.96%
CURRENT VS 20Y AVG
+42.40%
SECTOR MEDIAN · REAL ESTATE
4.78%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+43.19%
vs the sector median at left
Host Hotels & Resorts, Inc.
Market Cap
$14.93B
Return on Invested Capital (ROIC)
6.84%
TTM Avg
6.44%
3Y Avg
6.66%
5Y Avg
6.60%
Market Cap
$15.22B
Return on Invested Capital (ROIC)
3.95%
TTM Avg
3.38%
3Y Avg
3.04%
5Y Avg
2.90%
Market Cap
$15.44B
Return on Invested Capital (ROIC)
3.67%
TTM Avg
3.48%
3Y Avg
7.17%
5Y Avg
9.13%
Market Cap
$14.10B
Return on Invested Capital (ROIC)
4.05%
TTM Avg
4.20%
3Y Avg
3.81%
5Y Avg
4.13%
Market Cap
$14.10B
Return on Invested Capital (ROIC)
2.36%
TTM Avg
2.50%
3Y Avg
2.56%
5Y Avg
2.34%
Market Cap
$13.98B
Return on Invested Capital (ROIC)
5.17%
TTM Avg
5.63%
3Y Avg
5.85%
5Y Avg
5.26%
Market Cap
$15.99B
Return on Invested Capital (ROIC)
4.67%
TTM Avg
4.02%
3Y Avg
3.82%
5Y Avg
3.49%
Market Cap
$13.37B
Return on Invested Capital (ROIC)
5.29%
TTM Avg
6.21%
3Y Avg
6.92%
5Y Avg
6.92%
Market Cap
$17.37B
Return on Invested Capital (ROIC)
4.34%
TTM Avg
5.87%
3Y Avg
5.39%
5Y Avg
4.94%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Host Hotels & Resorts, Inc. (HST) | $14.93B | 6.84% | 6.44% | 6.66% | 6.60% |
| Kimco Realty Corporation (KIM)vs › | $15.22B | 3.95% | 3.38% | 3.04% | 2.90% |
| Weyerhaeuser Company (WY)vs › | $15.44B | 3.67% | 3.48% | 7.17% | 9.13% |
| Sun Communities, Inc. (SUI)vs › | $14.10B | 4.05% | 4.20% | 3.81% | 4.13% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.10B | 2.36% | 2.50% | 2.56% | 2.34% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $13.98B | 5.17% | 5.63% | 5.85% | 5.26% |
| Invitation Homes Inc. (INVH)vs › | $15.99B | 4.67% | 4.02% | 3.82% | 3.49% |
| Regency Centers Corporation (REG)vs › | $13.37B | 5.29% | 6.21% | 6.92% | 6.92% |
| Essex Property Trust, Inc. (ESS)vs › | $17.37B | 4.34% | 5.87% | 5.39% | 4.94% |
| CoStar Group, Inc. (CSGP)vs › | $11.93B | 0.60% | -0.18% | 1.60% | 2.44% |
ROIC
6.8%
ROE
16.1%
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 | 6.84% |
| 2026-03-31 | 6.46% |
| 2025-12-31 | 6.22% |
| 2025-09-30 | 6.21% |
| 2025-06-30 | 6.50% |
| 2025-03-31 | 6.72% |
| 2024-12-31 | 6.79% |
| 2024-09-30 | 6.72% |
| 2024-06-30 | 7.17% |
| 2024-03-31 | 6.80% |
| 2023-12-31 | 6.70% |
| 2023-09-30 | 6.73% |
| 2023-06-30 | 6.68% |
| 2023-03-31 | 7.17% |
| 2022-12-31 | 6.30% |
| 2022-09-30 | 5.54% |
| 2022-06-30 | 3.64% |
| 2022-03-31 | 0.33% |
| 2021-12-31 | -2.04% |
| 2021-09-30 | -4.79% |
| 2021-06-30 | -6.49% |
| 2021-03-31 | -8.80% |
| 2020-12-31 | -7.47% |
| 2020-09-30 | -4.00% |
| 2020-06-30 | -0.50% |
| 2020-03-31 | 4.33% |
| 2019-12-31 | 6.43% |
| 2019-09-30 | 5.85% |
| 2019-06-30 | 4.29% |
| 2019-03-31 | 4.12% |
| 2018-12-31 | 3.99% |
| 2018-09-30 | 3.78% |
| 2018-06-30 | 5.45% |
| 2018-03-31 | 5.25% |
| 2017-12-31 | 5.28% |
| 2017-09-30 | 5.55% |
| 2017-06-30 | 5.89% |
| 2017-03-31 | 5.91% |
| 2016-12-31 | 5.95% |
| 2016-09-30 | 5.92% |
| 2016-06-30 | 5.83% |
| 2016-03-31 | 5.82% |
| 2015-12-31 | 5.56% |
| 2015-09-30 | 5.45% |
| 2015-06-30 | 6.06% |
| 2015-03-31 | 6.03% |
| 2014-12-31 | 5.95% |
| 2014-09-30 | 5.77% |
| 2014-06-30 | 4.59% |
| 2014-03-31 | 4.40% |
| 2013-12-31 | 3.81% |
| 2013-09-30 | 3.26% |
| 2013-06-30 | 2.92% |
| 2013-03-31 | 2.42% |
| 2012-12-31 | 1.63% |
| 2012-09-07 | 1.63% |
| 2012-06-15 | 1.63% |
| 2012-03-23 | 2.60% |
| 2011-12-31 | 2.54% |
| 2011-09-09 | 2.38% |
| 2011-06-17 | 2.08% |
| 2011-03-25 | 1.80% |
| 2010-12-31 | 1.86% |
| 2010-09-10 | 1.41% |
| 2010-06-18 | 1.15% |
| 2010-03-26 | 1.09% |
| 2009-12-31 | 1.23% |
| 2009-09-11 | 2.83% |
| 2009-06-19 | 3.75% |
| 2009-03-27 | 5.40% |
| 2008-12-31 | 6.34% |
| 2008-09-05 | 7.52% |
| 2008-06-13 | 7.97% |
| 2008-03-21 | 8.59% |
| 2007-12-31 | 8.37% |
| 2007-09-07 | 7.66% |
| 2007-06-15 | 7.50% |
| 2007-03-23 | 6.65% |
| 2006-12-31 | 6.75% |
| 2006-09-08 | 5.36% |
| 2006-06-16 | 5.23% |
| 2006-03-24 | 5.62% |
| 2005-12-31 | 5.39% |
| 2005-09-09 | 4.99% |
| 2005-06-17 | 3.86% |
| 2005-03-25 | 4.93% |
| 2004-12-31 | 4.98% |
| 2004-09-10 | -50.39% |
| 2004-06-18 | -49.57% |
| 2004-03-26 | -48.80% |
| 2003-12-31 | -49.80% |
| 2003-09-12 | -51.32% |
| 2003-06-20 | -32.42% |
