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 10.07% is 25% above its 4-year average of 8.09%, near the high end of its 4-year range (5.99%–10.13%).
As of the fiscal period ended Sunday, June 28, 2026. 14.78% above its 12-month average of 8.78%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-28): 10.07%.
RETURN ON INVESTED CAPITAL (ROIC)
10.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
+14.78%
CURRENT VS 3Y AVG
+28.34%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+23.06%
vs the sector median at left
Kenvue Inc.
Market Cap
$33.93B
Return on Invested Capital (ROIC)
10.07%
TTM Avg
8.78%
3Y Avg
7.85%
5Y Avg
N/A
Market Cap
$34.16B
Return on Invested Capital (ROIC)
15.00%
TTM Avg
16.41%
3Y Avg
19.05%
5Y Avg
19.14%
Market Cap
$35.31B
Return on Invested Capital (ROIC)
5.04%
TTM Avg
6.54%
3Y Avg
6.65%
5Y Avg
7.59%
Market Cap
$32.43B
Return on Invested Capital (ROIC)
12.46%
TTM Avg
21.85%
3Y Avg
19.83%
5Y Avg
19.76%
Market Cap
$35.74B
Return on Invested Capital (ROIC)
2.97%
TTM Avg
4.80%
3Y Avg
4.71%
5Y Avg
8.12%
Market Cap
$36.89B
Return on Invested Capital (ROIC)
12.53%
TTM Avg
12.83%
3Y Avg
14.30%
5Y Avg
13.20%
Market Cap
$39.59B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
4.03%
3Y Avg
6.66%
5Y Avg
6.42%
Market Cap
$28.21B
Return on Invested Capital (ROIC)
-4.94%
TTM Avg
-2.08%
3Y Avg
0.92%
5Y Avg
1.22%
Market Cap
$26.60B
Return on Invested Capital (ROIC)
7.47%
TTM Avg
6.23%
3Y Avg
7.83%
5Y Avg
8.74%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kenvue Inc. (KVUE) | $33.93B | 10.07% | 8.78% | 7.85% | N/A |
| The Hershey Company (HSY)vs › | $34.16B | 15.00% | 16.41% | 19.05% | 19.14% |
| The Kroger Co. (KR)vs › | $35.31B | 5.04% | 6.54% | 6.65% | 7.59% |
| Kimberly-Clark Corporation (KMB)vs › | $32.43B | 12.46% | 21.85% | 19.83% | 19.76% |
| The Estée Lauder Companies Inc. (EL)vs › | $35.74B | 2.97% | 4.80% | 4.71% | 8.12% |
| Sysco Corporation (SYY)vs › | $36.89B | 12.53% | 12.83% | 14.30% | 13.20% |
| Archer-Daniels-Midland Company (ADM)vs › | $39.59B | 4.89% | 4.03% | 6.66% | 6.42% |
| The Kraft Heinz Company (KHC)vs › | $28.21B | -4.94% | -2.08% | 0.92% | 1.22% |
| Dollar General Corporation (DG)vs › | $26.60B | 7.47% | 6.23% | 7.83% | 8.74% |
| Keurig Dr Pepper Inc. (KDP)vs › | $43.21B | 3.36% | 5.41% | 5.36% | 5.11% |
ROIC
10.1%
ROE
15.7%
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) |
|---|---|
| 2026-06-28 | 10.07% |
| 2026-03-29 | 9.76% |
| 2025-12-28 | 8.80% |
| 2025-09-28 | 7.67% |
| 2025-06-29 | 7.57% |
| 2025-03-30 | 6.13% |
| 2024-12-31 | 6.26% |
| 2024-09-29 | 5.99% |
| 2024-06-30 | 6.67% |
| 2024-03-31 | 7.94% |
| 2023-12-31 | 8.31% |
| 2023-06-30 | 9.00% |
| 2023-04-02 | 7.19% |
| 2023-01-01 | 9.82% |
| 2022-10-02 | 10.13% |
