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 6.47% is in line with its 5-year average of 6.37%, around the middle of its 5-year range (4.70%–9.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.31% above its 12-month average of 6.08%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.47%.
RETURN ON INVESTED CAPITAL (ROIC)
6.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.70%
CURRENT VS TTM AVG
+6.31%
CURRENT VS 3Y AVG
-8.51%
CURRENT VS 5Y AVG
+1.54%
CURRENT VS 10Y AVG
+11.68%
CURRENT VS 15Y AVG
+13.53%
CURRENT VS 20Y AVG
+13.42%
SECTOR MEDIAN · CONSUMER DEFENSIVE
8.18%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-21.00%
vs the sector median at left
Mondelez International, Inc.
Market Cap
$76.90B
Return on Invested Capital (ROIC)
6.47%
TTM Avg
6.08%
3Y Avg
7.07%
5Y Avg
6.37%
Market Cap
$71.51B
Return on Invested Capital (ROIC)
11.35%
TTM Avg
10.53%
3Y Avg
11.02%
5Y Avg
12.78%
Market Cap
$84.32B
Return on Invested Capital (ROIC)
21.32%
TTM Avg
21.92%
3Y Avg
19.60%
5Y Avg
20.74%
Market Cap
$68.86B
Return on Invested Capital (ROIC)
29.91%
TTM Avg
30.60%
3Y Avg
27.18%
5Y Avg
26.90%
Market Cap
$45.09B
Return on Invested Capital (ROIC)
9.52%
TTM Avg
8.05%
3Y Avg
7.69%
5Y Avg
6.49%
Market Cap
$43.47B
Return on Invested Capital (ROIC)
3.36%
TTM Avg
5.41%
3Y Avg
5.36%
5Y Avg
5.11%
Market Cap
$39.10B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
4.03%
3Y Avg
6.66%
5Y Avg
6.42%
Market Cap
$114.89B
Return on Invested Capital (ROIC)
34.45%
TTM Avg
32.83%
3Y Avg
31.76%
5Y Avg
28.00%
Market Cap
$37.52B
Return on Invested Capital (ROIC)
12.53%
TTM Avg
12.83%
3Y Avg
14.30%
5Y Avg
13.20%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mondelez International, Inc. (MDLZ) | $76.90B | 6.47% | 6.08% | 7.07% | 6.37% |
| Target Corporation (TGT)vs › | $71.51B | 11.35% | 10.53% | 11.02% | 12.78% |
| Monster Beverage Corporation (MNST)vs › | $84.32B | 21.32% | 21.92% | 19.60% | 20.74% |
| Colgate-Palmolive Company (CL)vs › | $68.86B | 29.91% | 30.60% | 27.18% | 26.90% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $45.09B | 9.52% | 8.05% | 7.69% | 6.49% |
| Keurig Dr Pepper Inc. (KDP)vs › | $43.47B | 3.36% | 5.41% | 5.36% | 5.11% |
| Archer-Daniels-Midland Company (ADM)vs › | $39.10B | 4.89% | 4.03% | 6.66% | 6.42% |
| Altria Group, Inc. (MO)vs › | $114.89B | 34.45% | 32.83% | 31.76% | 28.00% |
| Sysco Corporation (SYY)vs › | $37.52B | 12.53% | 12.83% | 14.30% | 13.20% |
| The Kroger Co. (KR)vs › | $35.99B | 5.04% | 6.54% | 6.65% | 7.59% |
ROIC
6.5%
ROE
13.2%
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 | 6.47% |
| 2026-03-31 | 5.61% |
| 2025-12-31 | 5.06% |
| 2025-09-30 | 6.45% |
| 2025-06-30 | 6.83% |
| 2025-03-31 | 6.53% |
| 2024-12-31 | 9.44% |
| 2024-09-30 | 7.81% |
| 2024-06-30 | 8.16% |
| 2024-03-31 | 9.11% |
| 2023-12-31 | 7.65% |
| 2023-09-30 | 6.93% |
| 2023-06-30 | 5.84% |
| 2023-03-31 | 5.11% |
| 2022-12-31 | 4.70% |
| 2022-09-30 | 5.56% |
| 2022-06-30 | 6.69% |
| 2022-03-31 | 6.30% |
| 2021-12-31 | 6.64% |
| 2021-09-30 | 6.44% |
| 2021-06-30 | 6.23% |
| 2021-03-31 | 5.88% |
| 2020-12-31 | 5.18% |
| 2020-09-30 | 4.87% |
| 2020-06-30 | 6.13% |
| 2020-03-31 | 6.91% |
| 2019-12-31 | 7.20% |
| 2019-09-30 | 16.18% |
| 2019-06-30 | 13.16% |
| 2019-03-31 | 12.58% |
| 2018-12-31 | 12.88% |
| 2018-09-30 | 4.91% |
| 2018-06-30 | 2.07% |
| 2018-03-31 | 2.28% |
| 2017-12-31 | 1.77% |
| 2017-09-30 | 1.26% |
| 2017-06-30 | 4.55% |
| 2017-03-31 | 4.49% |
| 2016-12-31 | 4.67% |
| 2016-09-30 | 2.21% |
| 2016-06-30 | 14.87% |
| 2016-03-31 | 15.13% |
| 2015-12-31 | 15.59% |
| 2015-09-30 | 16.60% |
| 2015-06-30 | 4.60% |
| 2015-03-31 | 4.95% |
| 2014-12-31 | 5.03% |
| 2014-09-30 | 5.32% |
| 2014-06-30 | 6.11% |
| 2014-03-31 | 6.18% |
| 2013-12-31 | 6.21% |
| 2013-09-30 | 2.14% |
| 2013-06-30 | 1.54% |
| 2013-03-31 | 1.63% |
| 2012-12-31 | 1.70% |
| 2012-09-30 | 4.50% |
| 2012-06-30 | 4.90% |
| 2012-03-31 | 5.54% |
| 2011-12-31 | 6.25% |
| 2011-09-30 | 5.62% |
| 2011-06-30 | 5.17% |
| 2011-03-31 | 5.19% |
| 2010-12-31 | 4.76% |
| 2010-09-30 | 4.84% |
| 2010-06-30 | 4.90% |
| 2010-03-31 | 4.39% |
| 2009-12-31 | 6.67% |
| 2009-09-30 | 5.49% |
| 2009-06-30 | 5.10% |
| 2009-03-31 | 5.08% |
| 2008-12-31 | 5.05% |
| 2008-09-30 | 5.36% |
| 2008-06-30 | 4.93% |
| 2008-03-31 | 4.88% |
| 2007-12-31 | 5.00% |
| 2007-09-30 | 5.85% |
| 2007-06-30 | 6.25% |
| 2007-03-31 | 6.29% |
| 2006-12-31 | 7.07% |
| 2006-09-30 | 6.98% |
| 2006-06-30 | 6.78% |
| 2006-03-31 | 7.10% |
| 2005-12-31 | 6.58% |
| 2005-09-30 | 6.23% |
| 2005-06-30 | 6.45% |
| 2005-03-31 | 6.00% |
| 2004-12-31 | 5.74% |
| 2004-09-30 | 6.22% |
| 2004-06-30 | 6.28% |
| 2004-03-31 | 6.80% |
| 2003-12-31 | 7.34% |
| 2003-09-30 | 7.60% |
| 2003-06-30 | 7.82% |
