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 -9.23% is 298% below its 5-year average of 4.66%, near the low end of its 5-year range (-9.23%–8.90%).
As of the fiscal period ended Tuesday, June 30, 2026. 70.13% below its 12-month average of -5.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
-9.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-5.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.21%
CURRENT VS TTM AVG
-70.13%
CURRENT VS 3Y AVG
-504.02%
CURRENT VS 5Y AVG
-298.37%
CURRENT VS 10Y AVG
-272.07%
CURRENT VS 15Y AVG
-254.15%
CURRENT VS 20Y AVG
-248.78%
SECTOR MEDIAN · BASIC MATERIALS
8.91%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-203.59%
vs the sector median at left
International Paper Company
Market Cap
$19.32B
Return on Invested Capital (ROIC)
-9.23%
TTM Avg
-5.43%
3Y Avg
2.29%
5Y Avg
4.66%
Market Cap
$20.34B
Return on Invested Capital (ROIC)
9.36%
TTM Avg
9.00%
3Y Avg
13.00%
5Y Avg
12.81%
Market Cap
$20.65B
Return on Invested Capital (ROIC)
16.58%
TTM Avg
12.92%
3Y Avg
18.79%
5Y Avg
16.05%
Market Cap
$20.85B
Return on Invested Capital (ROIC)
3.48%
TTM Avg
2.04%
3Y Avg
6.45%
5Y Avg
8.28%
Market Cap
$17.74B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
3.00%
3Y Avg
3.68%
5Y Avg
3.67%
Market Cap
$21.29B
Return on Invested Capital (ROIC)
6.05%
TTM Avg
9.68%
3Y Avg
3.70%
5Y Avg
5.46%
Market Cap
$21.36B
Return on Invested Capital (ROIC)
-0.06%
TTM Avg
1.89%
3Y Avg
4.28%
5Y Avg
5.44%
Market Cap
$21.61B
Return on Invested Capital (ROIC)
11.60%
TTM Avg
5.67%
3Y Avg
19.63%
5Y Avg
15.64%
Market Cap
$21.86B
Return on Invested Capital (ROIC)
2.80%
TTM Avg
3.16%
3Y Avg
-1.32%
5Y Avg
-0.03%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Paper Company (IP) | $19.32B | -9.23% | -5.43% | 2.29% | 4.66% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.34B | 9.36% | 9.00% | 13.00% | 12.81% |
| CF Industries Holdings, Inc. (CF)vs › | $20.65B | 16.58% | 12.92% | 18.79% | 16.05% |
| LyondellBasell Industries N.V. (LYB)vs › | $20.85B | 3.48% | 2.04% | 6.45% | 8.28% |
| DuPont de Nemours, Inc. (DD)vs › | $17.74B | 4.88% | 3.00% | 3.68% | 3.67% |
| Coeur Mining, Inc. (CDE)vs › | $21.29B | 6.05% | 9.68% | 3.70% | 5.46% |
| Dow Inc. (DOW)vs › | $21.36B | -0.06% | 1.89% | 4.28% | 5.44% |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $21.61B | 11.60% | 5.67% | 19.63% | 15.64% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.86B | 2.80% | 3.16% | -1.32% | -0.03% |
| Royal Gold, Inc. (RGLD)vs › | $22.18B | 8.58% | 7.97% | 7.75% | 8.08% |
ROIC
-9.2%
ROE
-23.8%
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) |
|---|---|
| 2026-06-30 | -9.23% |
| 2026-03-31 | -8.62% |
| 2025-12-31 | -9.08% |
| 2025-09-30 | -0.97% |
| 2025-06-30 | 0.77% |
| 2025-03-31 | 0.91% |
| 2024-12-31 | 2.54% |
| 2024-09-30 | 4.24% |
| 2024-06-30 | 4.88% |
| 2024-03-31 | 4.37% |
| 2023-12-31 | 5.11% |
| 2023-09-30 | 4.34% |
| 2023-06-30 | 7.57% |
| 2023-03-31 | 8.64% |
| 2022-12-31 | 8.90% |
| 2022-09-30 | 6.71% |
| 2022-06-30 | 5.68% |
| 2022-03-31 | 5.10% |
| 2021-12-31 | 5.02% |
| 2021-09-30 | 5.22% |
| 2021-06-30 | 4.77% |
| 2021-03-31 | 4.84% |
| 2020-12-31 | 4.48% |
| 2020-09-30 | 3.81% |
| 2020-06-30 | 4.02% |
| 2020-03-31 | 4.40% |
| 2019-12-31 | 5.46% |
| 2019-09-30 | 6.76% |
| 2019-06-30 | 7.58% |
| 2019-03-31 | 7.89% |
| 2018-12-31 | 7.92% |
| 2018-09-30 | 8.03% |
| 2018-06-30 | 7.41% |
| 2018-03-31 | 6.75% |
| 2017-12-31 | 6.56% |
| 2017-09-30 | 5.22% |
| 2017-06-30 | 5.06% |
| 2017-03-31 | 3.75% |
| 2016-12-31 | 4.30% |
| 2016-09-30 | 4.58% |
| 2016-06-30 | 4.98% |
| 2016-03-31 | 6.03% |
| 2015-12-31 | 5.83% |
| 2015-09-30 | 6.19% |
| 2015-06-30 | 7.29% |
| 2015-03-31 | 7.77% |
| 2014-12-31 | 8.21% |
| 2014-09-30 | 9.68% |
| 2014-06-30 | 8.80% |
| 2014-03-31 | 8.43% |
| 2013-12-31 | 7.99% |
| 2013-09-30 | 6.53% |
| 2013-06-30 | 5.72% |
| 2013-03-31 | 5.61% |
| 2012-12-31 | 4.76% |
| 2012-09-30 | 5.20% |
| 2012-06-30 | 6.78% |
| 2012-03-31 | 6.59% |
| 2011-12-31 | 8.86% |
| 2011-09-30 | 8.92% |
| 2011-06-30 | 7.70% |
| 2011-03-31 | 7.62% |
| 2010-12-31 | 6.38% |
| 2010-09-30 | 10.25% |
| 2010-06-30 | 11.07% |
| 2010-03-31 | 6.99% |
| 2009-12-31 | 8.89% |
| 2009-09-30 | 11.92% |
| 2009-06-30 | 9.31% |
| 2009-03-31 | 7.90% |
| 2008-12-31 | 5.77% |
| 2008-09-30 | 4.28% |
| 2008-06-30 | 5.01% |
| 2008-03-31 | 5.85% |
| 2007-12-31 | 6.22% |
| 2007-09-30 | 4.55% |
| 2007-06-30 | 4.73% |
| 2007-03-31 | 4.46% |
| 2006-12-31 | 3.75% |
| 2006-09-30 | 6.13% |
| 2006-06-30 | 5.38% |
| 2006-03-31 | 5.36% |
| 2005-12-31 | 5.41% |
| 2005-09-30 | 6.32% |
| 2005-06-30 | 3.80% |
| 2005-03-31 | 4.58% |
| 2004-12-31 | 4.11% |
| 2004-09-30 | 4.11% |
| 2004-06-30 | 4.79% |
| 2004-03-31 | 4.40% |
| 2003-12-31 | 4.44% |
| 2003-09-30 | 4.96% |
| 2003-06-30 | 5.28% |
