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 4.67% is 27% above its 5-year average of 3.68%, near the high end of its 5-year range (2.87%–5.31%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.20% below its 12-month average of 4.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.67%.
RETURN ON INVESTED CAPITAL (ROIC)
4.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-3.20%
CURRENT VS 3Y AVG
+11.22%
CURRENT VS 5Y AVG
+26.88%
CURRENT VS 10Y AVG
+62.83%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
4.89%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-4.54%
vs the sector median at left
Invitation Homes Inc.
Market Cap
$15.81B
Return on Invested Capital (ROIC)
4.67%
TTM Avg
4.82%
3Y Avg
4.20%
5Y Avg
3.68%
Market Cap
$15.35B
Return on Invested Capital (ROIC)
6.84%
TTM Avg
6.42%
3Y Avg
6.46%
5Y Avg
2.72%
Market Cap
$15.13B
Return on Invested Capital (ROIC)
3.95%
TTM Avg
3.38%
3Y Avg
3.04%
5Y Avg
2.90%
Market Cap
$14.43B
Return on Invested Capital (ROIC)
3.67%
TTM Avg
3.48%
3Y Avg
7.17%
5Y Avg
9.13%
Market Cap
$17.45B
Return on Invested Capital (ROIC)
4.34%
TTM Avg
5.87%
3Y Avg
5.39%
5Y Avg
4.94%
Market Cap
$17.62B
Return on Invested Capital (ROIC)
11.87%
TTM Avg
11.46%
3Y Avg
9.98%
5Y Avg
9.22%
Market Cap
$14.00B
Return on Invested Capital (ROIC)
2.36%
TTM Avg
2.50%
3Y Avg
2.56%
5Y Avg
2.34%
Market Cap
$13.83B
Return on Invested Capital (ROIC)
4.05%
TTM Avg
4.20%
3Y Avg
3.81%
5Y Avg
4.13%
Market Cap
$13.77B
Return on Invested Capital (ROIC)
5.17%
TTM Avg
5.63%
3Y Avg
5.85%
5Y Avg
5.26%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Invitation Homes Inc. (INVH) | $15.81B | 4.67% | 4.82% | 4.20% | 3.68% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.35B | 6.84% | 6.42% | 6.46% | 2.72% |
| Kimco Realty Corporation (KIM)vs › | $15.13B | 3.95% | 3.38% | 3.04% | 2.90% |
| Weyerhaeuser Company (WY)vs › | $14.43B | 3.67% | 3.48% | 7.17% | 9.13% |
| Essex Property Trust, Inc. (ESS)vs › | $17.45B | 4.34% | 5.87% | 5.39% | 4.94% |
| SBA Communications Corporation (SBAC)vs › | $17.62B | 11.87% | 11.46% | 9.98% | 9.22% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.00B | 2.36% | 2.50% | 2.56% | 2.34% |
| Sun Communities, Inc. (SUI)vs › | $13.83B | 4.05% | 4.20% | 3.81% | 4.13% |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $13.77B | 5.17% | 5.63% | 5.85% | 5.26% |
| Regency Centers Corporation (REG)vs › | $13.37B | 5.29% | 6.21% | 6.92% | 6.92% |
ROIC
4.7%
ROE
7.3%
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 | 4.67% |
| 2026-03-31 | 4.76% |
| 2025-12-31 | 5.30% |
| 2025-09-30 | 5.31% |
| 2025-06-30 | 4.07% |
| 2025-03-31 | 4.06% |
| 2024-12-31 | 4.02% |
| 2024-09-30 | 3.80% |
| 2024-06-30 | 3.82% |
| 2024-03-31 | 3.74% |
| 2023-12-31 | 3.68% |
| 2023-09-30 | 3.62% |
| 2023-06-30 | 3.73% |
| 2023-03-31 | 3.68% |
| 2022-12-31 | 3.55% |
| 2022-09-30 | 3.46% |
| 2022-06-30 | 3.34% |
| 2022-03-31 | 3.14% |
| 2021-12-31 | 3.00% |
| 2021-09-30 | 2.91% |
| 2021-06-30 | 2.87% |
| 2021-03-31 | 2.76% |
| 2020-12-31 | 2.70% |
| 2020-09-30 | 2.62% |
| 2020-06-30 | 2.29% |
| 2020-03-31 | 2.55% |
| 2019-12-31 | 2.19% |
| 2019-09-30 | 2.19% |
| 2019-06-30 | 2.05% |
| 2019-03-31 | 1.75% |
| 2018-12-31 | 1.56% |
| 2018-09-30 | 1.38% |
| 2018-06-30 | 1.07% |
| 2018-03-31 | 0.94% |
| 2017-12-31 | 0.64% |
| 2017-09-30 | 1.51% |
| 2017-06-30 | 1.65% |
| 2017-03-31 | 1.60% |
| 2016-12-31 | 1.98% |
| 2016-09-30 | 1.83% |
| 2016-06-30 | 1.76% |
| 2015-12-31 | 1.20% |
