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 5.72% is 26% below its 5-year average of 7.75%, near the low end of its 5-year range (5.49%–11.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.36% below its 12-month average of 6.60%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 5.72%.
RETURN ON INVESTED CAPITAL (ROIC)
5.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-13.36%
CURRENT VS 3Y AVG
-10.55%
CURRENT VS 5Y AVG
-26.22%
CURRENT VS 10Y AVG
-8.81%
CURRENT VS 15Y AVG
+23.77%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.56%
median of 34 covered companies
CURRENT VS SECTOR MEDIAN
-12.90%
vs the sector median at left
News Corporation
Market Cap
$17.33B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
6.60%
3Y Avg
6.39%
5Y Avg
7.75%
Market Cap
$16.10B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.46%
3Y Avg
4.42%
5Y Avg
4.67%
Market Cap
$14.94B
Return on Invested Capital (ROIC)
2.83%
TTM Avg
-0.39%
3Y Avg
0.46%
5Y Avg
8.28%
Market Cap
$14.73B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.32%
3Y Avg
7.21%
5Y Avg
6.83%
Market Cap
$20.34B
Return on Invested Capital (ROIC)
7.04%
TTM Avg
9.14%
3Y Avg
10.96%
5Y Avg
11.24%
Market Cap
$13.16B
Return on Invested Capital (ROIC)
6.70%
TTM Avg
4.86%
3Y Avg
7.34%
5Y Avg
8.06%
Market Cap
$12.25B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
Market Cap
$22.61B
Return on Invested Capital (ROIC)
7.56%
TTM Avg
-3.63%
3Y Avg
-12.34%
5Y Avg
-7.26%
Market Cap
$23.78B
Return on Invested Capital (ROIC)
-10.56%
TTM Avg
-16.72%
3Y Avg
-34.88%
5Y Avg
-31.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| News Corporation (NWS) | $17.33B | 5.72% | 6.60% | 6.39% | 7.75% |
| News Corporation (NWSA)vs › | $16.10B | 5.72% | 5.46% | 4.42% | 4.67% |
| EchoStar Corporation (ECHO)vs › | $14.94B | 2.83% | -0.39% | 0.46% | 8.28% |
| Charter Communications, Inc. (CHTR)vs › | $14.73B | 6.83% | 7.32% | 7.21% | 6.83% |
| Omnicom Group Inc. (OMC)vs › | $20.34B | 7.04% | 9.14% | 10.96% | 11.24% |
| TKO Group Holdings, Inc. (TKO)vs › | $13.16B | 6.70% | 4.86% | 7.34% | 8.06% |
| Pinterest, Inc. (PINS)vs › | $12.25B | 5.38% | 4.75% | 0.70% | 1.11% |
| Roku, Inc. (ROKU)vs › | $22.61B | 7.56% | -3.63% | -12.34% | -7.26% |
| AST SpaceMobile, Inc. (ASTS)vs › | $23.78B | -10.56% | -16.72% | -34.88% | -31.08% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $10.34B | -15.75% | -5.76% | -4.18% | -4.18% |
ROIC
5.7%
ROE
6.7%
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) |
|---|---|
| 2026-06-30 | 5.72% |
| 2026-03-31 | 6.01% |
| 2025-12-31 | 6.39% |
| 2025-09-30 | 7.17% |
| 2025-06-30 | 7.70% |
| 2025-03-31 | 7.72% |
| 2024-12-31 | 7.52% |
| 2024-09-30 | 6.16% |
| 2024-06-30 | 5.81% |
| 2024-03-31 | 5.74% |
| 2023-12-31 | 5.82% |
| 2023-09-30 | 5.49% |
| 2023-06-30 | 5.85% |
| 2023-03-31 | 10.17% |
| 2022-12-31 | 10.35% |
| 2022-09-30 | 11.81% |
| 2022-06-30 | 11.26% |
| 2022-03-31 | 9.47% |
| 2021-12-31 | 9.34% |
| 2021-09-30 | 9.05% |
| 2021-06-30 | 8.20% |
| 2021-03-31 | 5.70% |
| 2020-12-31 | 9.95% |
| 2020-09-30 | 9.08% |
| 2020-06-30 | 7.33% |
| 2020-03-31 | 6.28% |
| 2019-12-31 | 4.21% |
| 2019-09-30 | 3.36% |
| 2019-06-30 | 2.94% |
| 2019-03-31 | 2.60% |
| 2018-12-31 | 4.68% |
| 2018-09-30 | 4.79% |
| 2018-06-30 | 4.44% |
| 2018-03-31 | 5.26% |
| 2017-12-31 | 4.94% |
| 2017-09-30 | 4.68% |
| 2017-06-30 | 3.57% |
| 2017-03-31 | 3.39% |
| 2016-12-31 | 2.86% |
| 2016-09-30 | 1.68% |
| 2016-06-30 | 2.58% |
| 2016-03-31 | 2.23% |
| 2015-12-31 | 2.28% |
| 2015-09-30 | 2.60% |
| 2015-06-30 | 1.37% |
| 2015-03-31 | 1.31% |
| 2014-12-31 | 1.38% |
| 2014-09-30 | -0.05% |
| 2014-06-30 | -3.72% |
| 2014-03-31 | -3.70% |
| 2013-12-31 | -3.85% |
| 2013-09-30 | -2.24% |
| 2013-06-30 | 1.04% |
| 2013-03-31 | 1.49% |
| 2012-12-31 | 1.64% |
| 2012-09-30 | 1.65% |
| 2012-06-30 | 2.81% |
