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 11.61% is 40% below its 5-year average of 19.24%, near the low end of its 5-year range (11.61%–22.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 21.10% below its 12-month average of 14.72%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 11.61%.
RETURN ON INVESTED CAPITAL (ROIC)
11.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
18.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
19.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
14.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
11.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.57%
CURRENT VS TTM AVG
-21.10%
CURRENT VS 3Y AVG
-37.30%
CURRENT VS 5Y AVG
-39.64%
CURRENT VS 10Y AVG
-21.55%
CURRENT VS 15Y AVG
-1.85%
CURRENT VS 20Y AVG
+21.40%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+5.83%
vs the sector median at left
PulteGroup, Inc.
Market Cap
$22.96B
Return on Invested Capital (ROIC)
11.61%
TTM Avg
14.72%
3Y Avg
18.52%
5Y Avg
19.24%
Market Cap
$22.85B
Return on Invested Capital (ROIC)
31.15%
TTM Avg
19.06%
3Y Avg
15.55%
5Y Avg
15.27%
Market Cap
$23.70B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
18.43%
3Y Avg
14.01%
5Y Avg
14.11%
Market Cap
$23.82B
Return on Invested Capital (ROIC)
2.90%
TTM Avg
2.54%
3Y Avg
6.05%
5Y Avg
6.90%
Market Cap
$23.98B
Return on Invested Capital (ROIC)
23.11%
TTM Avg
24.69%
3Y Avg
26.34%
5Y Avg
27.55%
Market Cap
$24.21B
Return on Invested Capital (ROIC)
13.11%
TTM Avg
13.11%
3Y Avg
12.40%
5Y Avg
12.43%
Market Cap
$21.66B
Return on Invested Capital (ROIC)
10.25%
TTM Avg
9.22%
3Y Avg
9.50%
5Y Avg
9.23%
Market Cap
$21.23B
Return on Invested Capital (ROIC)
9.27%
TTM Avg
10.04%
3Y Avg
11.38%
5Y Avg
11.45%
Market Cap
$25.17B
Return on Invested Capital (ROIC)
9.92%
TTM Avg
7.77%
3Y Avg
8.57%
5Y Avg
8.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PulteGroup, Inc. (PHM) | $22.96B | 11.61% | 14.72% | 18.52% | 19.24% |
| Tapestry, Inc. (TPR)vs › | $22.85B | 31.15% | 19.06% | 15.55% | 15.27% |
| SharkNinja, Inc. (SN)vs › | $23.70B | 19.68% | 18.43% | 14.01% | 14.11% |
| Smurfit Westrock plc (SW)vs › | $23.82B | 2.90% | 2.54% | 6.05% | 6.90% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.98B | 23.11% | 24.69% | 26.34% | 27.55% |
| Darden Restaurants, Inc. (DRI)vs › | $24.21B | 13.11% | 13.11% | 12.40% | 12.43% |
| Casey's General Stores, Inc. (CASY)vs › | $21.66B | 10.25% | 9.22% | 9.50% | 9.23% |
| Packaging Corporation of America (PKG)vs › | $21.23B | 9.27% | 10.04% | 11.38% | 11.45% |
| Restaurant Brands International Inc. (QSR)vs › | $25.17B | 9.92% | 7.77% | 8.57% | 8.08% |
| Ralph Lauren Corporation (RL)vs › | $20.73B | 17.08% | 16.66% | 13.63% | 13.03% |
ROIC
11.6%
ROE
14.7%
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 | 11.61% |
| 2026-03-31 | 13.30% |
| 2025-12-31 | 14.22% |
| 2025-09-30 | 16.78% |
| 2025-06-30 | 17.68% |
| 2025-03-31 | 19.35% |
| 2024-12-31 | 19.79% |
| 2024-09-30 | 19.76% |
| 2024-06-30 | 19.78% |
| 2024-03-31 | 19.41% |
| 2023-12-31 | 18.89% |
| 2023-09-30 | 21.23% |
| 2023-06-30 | 22.08% |
| 2023-03-31 | 22.51% |
| 2022-12-31 | 21.61% |
| 2022-09-30 | 21.64% |
| 2022-06-30 | 21.39% |
| 2022-03-31 | 20.67% |
| 2021-12-31 | 19.06% |
| 2021-09-30 | 17.84% |
| 2021-06-30 | 17.83% |
| 2021-03-31 | 16.93% |
| 2020-12-31 | 14.47% |
| 2020-09-30 | 14.09% |
| 2020-06-30 | 13.11% |
| 2020-03-31 | 11.43% |
| 2019-12-31 | 11.76% |
| 2019-09-30 | 11.13% |
| 2019-06-30 | 11.50% |
| 2019-03-31 | 12.29% |
| 2018-12-31 | 12.47% |
| 2018-09-30 | 10.76% |
| 2018-06-30 | 9.61% |
| 2018-03-31 | 7.50% |
| 2017-12-31 | 6.92% |
| 2017-09-30 | 8.44% |
| 2017-06-30 | 8.04% |
| 2017-03-31 | 8.00% |
| 2016-12-31 | 7.70% |
| 2016-09-30 | 7.20% |
| 2016-06-30 | 7.22% |
| 2016-03-31 | 6.65% |
| 2015-12-31 | 5.78% |
| 2015-09-30 | 7.37% |
| 2015-06-30 | 8.20% |
| 2015-03-31 | 6.91% |
| 2014-12-31 | 5.97% |
| 2014-09-30 | 7.26% |
| 2014-06-30 | 9.54% |
| 2014-03-31 | 9.84% |
| 2013-12-31 | 7.14% |
| 2013-09-30 | 6.75% |
| 2013-06-30 | 8.32% |
| 2013-03-31 | 6.72% |
| 2012-12-31 | 3.60% |
| 2012-09-30 | 3.35% |
| 2012-06-30 | 2.35% |
| 2012-03-31 | 0.55% |
| 2011-12-31 | -0.10% |
| 2011-09-30 | -3.15% |
| 2011-06-30 | -10.86% |
| 2011-03-31 | -9.86% |
| 2010-12-31 | -9.39% |
| 2010-09-30 | -10.69% |
| 2010-06-30 | -7.91% |
| 2010-03-31 | -10.76% |
| 2009-12-31 | -16.63% |
| 2009-09-30 | -18.34% |
| 2009-06-30 | -27.83% |
| 2009-03-31 | -25.61% |
| 2008-12-31 | -26.61% |
| 2008-09-30 | -23.34% |
| 2008-06-30 | -33.51% |
| 2008-03-31 | -38.20% |
| 2007-12-31 | -24.02% |
| 2007-09-30 | -20.04% |
| 2007-06-30 | -5.09% |
| 2007-03-31 | 4.02% |
| 2006-12-31 | 6.64% |
| 2006-09-30 | 10.45% |
| 2006-06-30 | 12.65% |
| 2006-03-31 | 14.48% |
| 2005-12-31 | 13.41% |
| 2005-09-30 | 12.96% |
| 2005-06-30 | 12.06% |
| 2005-03-31 | 11.43% |
| 2004-12-31 | 11.25% |
| 2004-09-30 | 10.45% |
| 2004-06-30 | 10.78% |
| 2004-03-31 | 10.36% |
| 2003-12-31 | 10.17% |
| 2003-09-30 | 9.20% |
| 2003-06-30 | 8.97% |
