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 9.92% is 16% above its 5-year average of 8.57%, near the high end of its 5-year range (6.94%–10.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.46% above its 12-month average of 7.84%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
9.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+26.46%
CURRENT VS 3Y AVG
+13.85%
CURRENT VS 5Y AVG
+15.73%
CURRENT VS 10Y AVG
+23.85%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-9.64%
vs the sector median at left
Restaurant Brands International Inc.
Market Cap
$27.02B
Return on Invested Capital (ROIC)
9.92%
TTM Avg
7.84%
3Y Avg
8.71%
5Y Avg
8.57%
Market Cap
$26.88B
Return on Invested Capital (ROIC)
30.09%
TTM Avg
30.68%
3Y Avg
30.00%
5Y Avg
33.34%
Market Cap
$27.24B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
18.43%
3Y Avg
14.01%
5Y Avg
14.11%
Market Cap
$27.84B
Return on Invested Capital (ROIC)
10.25%
TTM Avg
9.22%
3Y Avg
9.50%
5Y Avg
9.23%
Market Cap
$28.38B
Return on Invested Capital (ROIC)
16.96%
TTM Avg
13.03%
3Y Avg
8.02%
5Y Avg
3.41%
Market Cap
$24.93B
Return on Invested Capital (ROIC)
31.15%
TTM Avg
19.06%
3Y Avg
15.55%
5Y Avg
15.27%
Market Cap
$24.60B
Return on Invested Capital (ROIC)
2.90%
TTM Avg
2.54%
3Y Avg
6.05%
5Y Avg
6.90%
Market Cap
$24.55B
Return on Invested Capital (ROIC)
13.11%
TTM Avg
13.11%
3Y Avg
12.40%
5Y Avg
12.43%
Market Cap
$24.38B
Return on Invested Capital (ROIC)
11.61%
TTM Avg
17.02%
3Y Avg
18.63%
5Y Avg
18.01%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Restaurant Brands International Inc. (QSR) | $27.02B | 9.92% | 7.84% | 8.71% | 8.57% |
| Williams-Sonoma, Inc. (WSM)vs › | $26.88B | 30.09% | 30.68% | 30.00% | 33.34% |
| SharkNinja, Inc. (SN)vs › | $27.24B | 19.68% | 18.43% | 14.01% | 14.11% |
| Casey's General Stores, Inc. (CASY)vs › | $27.84B | 10.25% | 9.22% | 9.50% | 9.23% |
| Las Vegas Sands Corp. (LVS)vs › | $28.38B | 16.96% | 13.03% | 8.02% | 3.41% |
| Tapestry, Inc. (TPR)vs › | $24.93B | 31.15% | 19.06% | 15.55% | 15.27% |
| Smurfit Westrock plc (SW)vs › | $24.60B | 2.90% | 2.54% | 6.05% | 6.90% |
| Darden Restaurants, Inc. (DRI)vs › | $24.55B | 13.11% | 13.11% | 12.40% | 12.43% |
| PulteGroup, Inc. (PHM)vs › | $24.38B | 11.61% | 17.02% | 18.63% | 18.01% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.09B | 23.06% | 24.69% | 26.34% | 27.55% |
ROIC
9.9%
ROE
33.1%
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 | 9.92% |
| 2026-03-31 | 8.03% |
| 2025-12-31 | 6.94% |
| 2025-09-30 | 7.33% |
| 2025-06-30 | 6.99% |
| 2025-03-31 | 8.02% |
| 2024-12-31 | 8.59% |
| 2024-09-30 | 9.80% |
| 2024-06-30 | 9.88% |
| 2024-03-31 | 10.08% |
| 2023-12-31 | 9.61% |
| 2023-09-30 | 9.07% |
| 2023-06-30 | 8.98% |
| 2023-03-31 | 9.12% |
| 2022-12-31 | 9.14% |
| 2022-09-30 | 9.21% |
| 2022-06-30 | 7.83% |
| 2022-03-31 | 8.05% |
| 2021-12-31 | 8.05% |
| 2021-09-30 | 8.01% |
| 2021-06-30 | 7.30% |
| 2021-03-31 | 6.35% |
| 2020-12-31 | 6.15% |
| 2020-09-30 | 6.20% |
| 2020-06-30 | 6.94% |
| 2020-03-31 | 7.09% |
| 2019-12-31 | 7.40% |
| 2019-09-30 | 7.58% |
| 2019-06-30 | 7.15% |
| 2019-03-31 | 7.63% |
| 2018-12-31 | 8.43% |
| 2018-09-30 | 9.66% |
| 2018-06-30 | 9.85% |
| 2018-03-31 | 9.29% |
| 2017-12-31 | 8.84% |
| 2017-09-30 | 6.31% |
| 2017-06-30 | 6.12% |
| 2017-03-31 | 6.83% |
| 2016-12-31 | 7.37% |
| 2016-09-30 | 6.73% |
| 2016-06-30 | 6.44% |
| 2016-03-31 | 5.79% |
| 2015-12-31 | 5.22% |
| 2015-09-30 | 2.37% |
| 2015-06-30 | 2.36% |
| 2015-03-31 | 1.49% |
| 2014-12-31 | 0.89% |
| 2014-09-30 | 6.72% |
| 2014-06-30 | 7.96% |
| 2014-03-31 | 7.96% |
| 2013-12-31 | 7.63% |
| 2013-09-30 | 7.55% |
