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 4.63% is 88% above its 5-year average of 2.47%, around the middle of its 5-year range (-31.62%–49.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.35% below its 12-month average of 5.35%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.63%.
RETURN ON INVESTED CAPITAL (ROIC)
4.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.79%
CURRENT VS TTM AVG
-13.35%
CURRENT VS 3Y AVG
+93.81%
CURRENT VS 5Y AVG
+87.60%
CURRENT VS 10Y AVG
-13.67%
CURRENT VS 15Y AVG
-33.61%
CURRENT VS 20Y AVG
-31.74%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.94%
median of 148 covered companies
CURRENT VS SECTOR MEDIAN
+138.90%
vs the sector median at left
Sinclair, Inc.
Market Cap
$905.74M
Return on Invested Capital (ROIC)
4.63%
TTM Avg
5.35%
3Y Avg
2.39%
5Y Avg
2.47%
Market Cap
$882.84M
Return on Invested Capital (ROIC)
4.55%
TTM Avg
2.58%
3Y Avg
-0.24%
5Y Avg
0.51%
Market Cap
$862.83M
Return on Invested Capital (ROIC)
7.68%
TTM Avg
4.80%
3Y Avg
-2.60%
5Y Avg
-1.43%
Market Cap
$1.04B
Return on Invested Capital (ROIC)
23.63%
TTM Avg
22.73%
3Y Avg
22.40%
5Y Avg
20.21%
Market Cap
$743.62M
Return on Invested Capital (ROIC)
7.82%
TTM Avg
10.03%
3Y Avg
6.40%
5Y Avg
6.92%
Market Cap
$715.62M
Return on Invested Capital (ROIC)
1.80%
TTM Avg
3.46%
3Y Avg
-12.60%
5Y Avg
-15.39%
Market Cap
$704.89M
Return on Invested Capital (ROIC)
0.06%
TTM Avg
0.21%
3Y Avg
3.27%
5Y Avg
4.53%
Market Cap
$698.10M
Return on Invested Capital (ROIC)
1.35%
TTM Avg
1.46%
3Y Avg
2.62%
5Y Avg
2.60%
Market Cap
$683.30M
Return on Invested Capital (ROIC)
32.25%
TTM Avg
24.77%
3Y Avg
-9.24%
5Y Avg
-12.32%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sinclair, Inc. (SBGI) | $905.74M | 4.63% | 5.35% | 2.39% | 2.47% |
| Taboola.com Ltd. (TBLA)vs › | $882.84M | 4.55% | 2.58% | -0.24% | 0.51% |
| QuinStreet, Inc. (QNST)vs › | $862.83M | 7.68% | 4.80% | -2.60% | -1.43% |
| Ituran Location and Control Ltd. (ITRN)vs › | $1.04B | 23.63% | 22.73% | 22.40% | 20.21% |
| Criteo S.A. (CRTO)vs › | $743.62M | 7.82% | 10.03% | 6.40% | 6.92% |
| Groupon, Inc. (GRPN)vs › | $715.62M | 1.80% | 3.46% | -12.60% | -15.39% |
| Telesat Corporation (TSAT)vs › | $704.89M | 0.06% | 0.21% | 3.27% | 4.53% |
| Scholastic Corporation (SCHL)vs › | $698.10M | 1.35% | 1.46% | 2.62% | 2.60% |
| EverQuote, Inc. (EVER)vs › | $683.30M | 32.25% | 24.77% | -9.24% | -12.32% |
| QVC Group, Inc. (QVCG)vs › | $665.50M | N/A | N/A | N/A | N/A |
ROIC
4.6%
ROE
13.7%
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 | 4.63% |
| 2026-03-31 | 3.76% |
| 2025-12-31 | 3.28% |
| 2025-09-30 | 7.29% |
| 2025-06-30 | 7.77% |
| 2025-03-31 | 8.28% |
| 2024-12-31 | 8.37% |
| 2024-09-30 | -1.97% |
| 2024-06-30 | -4.82% |
| 2024-03-31 | -6.16% |
| 2023-12-31 | -6.60% |
| 2023-09-30 | 3.08% |
| 2023-06-30 | 4.16% |
| 2023-03-31 | 5.01% |
| 2022-12-31 | 47.44% |
| 2022-09-30 | 49.35% |
| 2022-06-30 | 49.22% |
| 2022-03-31 | 42.05% |
| 2021-12-31 | 0.83% |
| 2021-09-30 | 2.59% |
| 2021-06-30 | -31.62% |
| 2021-03-31 | -24.98% |
| 2020-12-31 | -22.34% |
| 2020-09-30 | -26.94% |
| 2020-06-30 | 6.84% |
| 2020-03-31 | 4.24% |
| 2019-12-31 | 2.89% |
| 2019-09-30 | 2.72% |
| 2019-06-30 | 10.21% |
| 2019-03-31 | 10.53% |
| 2018-12-31 | 10.92% |
| 2018-09-30 | 12.43% |
| 2018-06-30 | 11.55% |
| 2018-03-31 | 11.04% |
| 2017-12-31 | 11.86% |
| 2017-09-30 | 7.04% |
| 2017-06-30 | 7.63% |
| 2017-03-31 | 7.76% |
| 2016-12-31 | 7.37% |
| 2016-09-30 | 6.47% |
| 2016-06-30 | 6.16% |
| 2016-03-31 | 6.06% |
| 2015-12-31 | 6.29% |
| 2015-09-30 | 6.84% |
| 2015-06-30 | 6.92% |
| 2015-03-31 | 6.73% |
| 2014-12-31 | 6.71% |
| 2014-09-30 | 5.24% |
| 2014-06-30 | 5.83% |
| 2014-03-31 | 5.57% |
| 2013-12-31 | 5.12% |
| 2013-09-30 | 7.32% |
| 2013-06-30 | 7.10% |
| 2013-03-31 | 8.73% |
| 2012-12-31 | 9.07% |
| 2012-09-30 | 9.15% |
| 2012-06-30 | 8.60% |
| 2012-03-31 | 10.07% |
| 2011-12-31 | 9.98% |
| 2011-09-30 | 11.07% |
| 2011-06-30 | 11.89% |
| 2011-03-31 | 11.50% |
| 2010-12-31 | 11.70% |
| 2010-09-30 | 6.78% |
| 2010-06-30 | 5.17% |
| 2010-03-31 | 2.92% |
| 2009-12-31 | -7.73% |
| 2009-09-30 | -31.40% |
| 2009-06-30 | -31.34% |
| 2009-03-31 | -29.81% |
| 2008-12-31 | -17.61% |
| 2008-09-30 | 4.51% |
| 2008-06-30 | 4.43% |
| 2008-03-31 | 4.47% |
| 2007-12-31 | 4.28% |
| 2007-09-30 | 5.34% |
| 2007-06-30 | 7.67% |
| 2007-03-31 | 7.91% |
| 2006-12-31 | 6.32% |
| 2006-09-30 | 4.91% |
| 2006-06-30 | 4.38% |
| 2006-03-31 | 4.50% |
| 2005-12-31 | 4.44% |
| 2005-09-30 | 5.41% |
| 2005-06-30 | 4.66% |
| 2005-03-31 | 4.16% |
| 2004-12-31 | 3.93% |
| 2004-09-30 | 4.73% |
| 2004-06-30 | 4.39% |
| 2004-03-31 | 4.23% |
| 2003-12-31 | 4.34% |
| 2003-09-30 | 6.52% |
| 2003-06-30 | 5.22% |