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 3.46% is 27% below its 5-year average of 4.76%, near the low end of its 5-year range (3.46%–5.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.36% below its 12-month average of 4.34%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.46%.
RETURN ON INVESTED CAPITAL (ROIC)
3.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-20.36%
CURRENT VS 3Y AVG
-30.66%
CURRENT VS 5Y AVG
-27.35%
CURRENT VS 10Y AVG
-28.22%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
4.45%
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-22.28%
vs the sector median at left
Rexford Industrial Realty, Inc.
Market Cap
$8.39B
Return on Invested Capital (ROIC)
3.46%
TTM Avg
4.34%
3Y Avg
4.99%
5Y Avg
4.76%
Market Cap
$8.50B
Return on Invested Capital (ROIC)
6.88%
TTM Avg
7.40%
3Y Avg
7.29%
5Y Avg
7.17%
Market Cap
$8.26B
Return on Invested Capital (ROIC)
-4.23%
TTM Avg
-0.78%
3Y Avg
0.56%
5Y Avg
1.61%
Market Cap
$7.91B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
3.52%
3Y Avg
3.39%
5Y Avg
3.41%
Market Cap
$7.88B
Return on Invested Capital (ROIC)
5.63%
TTM Avg
5.36%
3Y Avg
4.93%
5Y Avg
4.92%
Market Cap
$7.82B
Return on Invested Capital (ROIC)
1.56%
TTM Avg
1.76%
3Y Avg
-0.11%
5Y Avg
0.02%
Market Cap
$7.79B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
6.31%
3Y Avg
6.25%
5Y Avg
5.96%
Market Cap
$9.22B
Return on Invested Capital (ROIC)
5.08%
TTM Avg
5.49%
3Y Avg
5.65%
5Y Avg
5.34%
Market Cap
$9.64B
Return on Invested Capital (ROIC)
4.89%
TTM Avg
5.83%
3Y Avg
5.07%
5Y Avg
4.81%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rexford Industrial Realty, Inc. (REXR) | $8.39B | 3.46% | 4.34% | 4.99% | 4.76% |
| CubeSmart (CUBE)vs › | $8.50B | 6.88% | 7.40% | 7.29% | 7.17% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.26B | -4.23% | -0.78% | 0.56% | 1.61% |
| Agree Realty Corporation (ADC)vs › | $7.91B | 3.56% | 3.52% | 3.39% | 3.41% |
| First Industrial Realty Trust, Inc. (FR)vs › | $7.88B | 5.63% | 5.36% | 4.93% | 4.92% |
| Lineage, Inc. (LINE)vs › | $7.82B | 1.56% | 1.76% | -0.11% | 0.02% |
| NNN REIT, Inc. (NNN)vs › | $7.79B | 6.18% | 6.31% | 6.25% | 5.96% |
| Federal Realty Investment Trust (FRT)vs › | $9.22B | 5.08% | 5.49% | 5.65% | 5.34% |
| BXP, Inc. (BXP)vs › | $9.64B | 4.89% | 5.83% | 5.07% | 4.81% |
| Camden Property Trust (CPT)vs › | $9.65B | 2.93% | 3.40% | 3.32% | 3.21% |
ROIC
3.5%
ROE
-5.2%
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 | 3.46% |
| 2026-03-31 | 3.85% |
| 2025-12-31 | 4.27% |
| 2025-09-30 | 4.83% |
| 2025-06-30 | 5.31% |
| 2025-03-31 | 5.33% |
| 2024-12-31 | 5.27% |
| 2024-09-30 | 5.18% |
| 2024-06-30 | 4.97% |
| 2024-03-31 | 4.69% |
| 2023-12-31 | 5.12% |
| 2023-09-30 | 5.03% |
| 2023-06-30 | 4.88% |
| 2023-03-31 | 4.52% |
| 2022-12-31 | 4.62% |
| 2022-09-30 | 4.46% |
| 2022-06-30 | 4.61% |
| 2022-03-31 | 4.59% |
| 2021-12-31 | 4.48% |
| 2021-09-30 | 4.43% |
| 2021-06-30 | 4.78% |
| 2021-03-31 | 4.61% |
| 2020-12-31 | 4.42% |
| 2020-09-30 | 5.03% |
| 2020-06-30 | 4.80% |
| 2020-03-31 | 4.90% |
| 2019-12-31 | 4.89% |
| 2019-09-30 | 4.76% |
| 2019-06-30 | 4.82% |
| 2019-03-31 | 4.88% |
| 2018-12-31 | 4.97% |
| 2018-09-30 | 4.88% |
| 2018-06-30 | 4.60% |
| 2018-03-31 | 5.08% |
| 2017-12-31 | 4.74% |
| 2017-09-30 | 4.53% |
| 2017-06-30 | 4.97% |
| 2017-03-31 | 5.30% |
| 2016-12-31 | 5.00% |
| 2016-09-30 | 4.78% |
| 2016-06-30 | 4.57% |
| 2016-03-31 | 5.07% |
| 2015-12-31 | 4.83% |
| 2015-09-30 | 4.72% |
| 2015-06-30 | 4.45% |
| 2015-03-31 | 3.98% |
| 2014-12-31 | 3.79% |
| 2014-09-30 | 3.74% |
| 2014-06-30 | 3.59% |
| 2014-03-31 | 3.51% |
| 2013-12-31 | 2.85% |
| 2013-09-30 | 2.25% |
| 2013-06-30 | 1.67% |
| 2013-03-31 | 1.71% |
| 2012-12-31 | 1.35% |
