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 10.00% is 38% below its 5-year average of 16.12%, near the low end of its 5-year range (7.92%–21.86%).
As of the fiscal period ended Sunday, June 28, 2026. 4.31% above its 12-month average of 9.59%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
10.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
15.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
16.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
17.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
19.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
18.38%
CURRENT VS TTM AVG
+4.31%
CURRENT VS 3Y AVG
-34.40%
CURRENT VS 5Y AVG
-37.94%
CURRENT VS 10Y AVG
-43.68%
CURRENT VS 15Y AVG
-48.86%
CURRENT VS 20Y AVG
-45.57%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-8.84%
vs the sector median at left
Starbucks Corporation
Market Cap
$114.72B
Return on Invested Capital (ROIC)
10.00%
TTM Avg
9.59%
3Y Avg
15.25%
5Y Avg
16.12%
Market Cap
$111.94B
Return on Invested Capital (ROIC)
21.02%
TTM Avg
24.13%
3Y Avg
26.29%
5Y Avg
26.80%
Market Cap
$112.28B
Return on Invested Capital (ROIC)
17.16%
TTM Avg
23.32%
3Y Avg
22.85%
5Y Avg
14.25%
Market Cap
$101.05B
Return on Invested Capital (ROIC)
20.73%
TTM Avg
19.29%
3Y Avg
18.51%
5Y Avg
2.19%
Market Cap
$133.38B
Return on Invested Capital (ROIC)
71.23%
TTM Avg
47.48%
3Y Avg
38.26%
5Y Avg
26.91%
Market Cap
$94.40B
Return on Invested Capital (ROIC)
11.63%
TTM Avg
15.13%
3Y Avg
13.90%
5Y Avg
10.34%
Market Cap
$94.15B
Return on Invested Capital (ROIC)
4.74%
TTM Avg
8.93%
3Y Avg
10.48%
5Y Avg
8.33%
Market Cap
$139.88B
Return on Invested Capital (ROIC)
24.37%
TTM Avg
22.94%
3Y Avg
22.04%
5Y Avg
18.45%
Market Cap
$85.26B
Return on Invested Capital (ROIC)
18.61%
TTM Avg
15.33%
3Y Avg
16.05%
5Y Avg
12.13%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Starbucks Corporation (SBUX) | $114.72B | 10.00% | 9.59% | 15.25% | 16.12% |
| Lowe's Companies, Inc. (LOW)vs › | $111.94B | 21.02% | 24.13% | 26.29% | 26.80% |
| PDD Holdings Inc. (PDD)vs › | $112.28B | 17.16% | 23.32% | 22.85% | 14.25% |
| Airbnb, Inc. (ABNB)vs › | $101.05B | 20.73% | 19.29% | 18.51% | 2.19% |
| Booking Holdings Inc. (BKNG)vs › | $133.38B | 71.23% | 47.48% | 38.26% | 26.91% |
| MercadoLibre, Inc. (MELI)vs › | $94.40B | 11.63% | 15.13% | 13.90% | 10.34% |
| BYD Company Limited (BYDDY)vs › | $94.15B | 4.74% | 8.93% | 10.48% | 8.33% |
| The TJX Companies, Inc. (TJX)vs › | $139.88B | 24.37% | 22.94% | 22.04% | 18.45% |
| Marriott International, Inc. (MAR)vs › | $85.26B | 18.61% | 15.33% | 16.05% | 12.13% |
| Carvana Co. (CVNA)vs › | $81.56B | 17.35% | 14.52% | 2.24% | -0.85% |
ROIC
10.0%
ROE
N/A
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) |
|---|---|
| 2026-06-28 | 10.00% |
| 2026-03-29 | 9.30% |
| 2025-12-28 | 7.92% |
| 2025-09-28 | 9.04% |
| 2025-06-29 | 11.69% |
| 2025-03-30 | 14.72% |
| 2024-12-29 | 16.43% |
| 2024-09-30 | 17.41% |
| 2024-06-30 | 19.59% |
| 2024-03-31 | 20.57% |
| 2023-12-31 | 21.86% |
| 2023-09-30 | 20.42% |
| 2023-07-02 | 19.31% |
| 2023-04-02 | 18.14% |
| 2023-01-01 | 17.45% |
| 2022-09-30 | 17.27% |
| 2022-07-03 | 18.15% |
| 2022-04-03 | 18.33% |
| 2022-01-02 | 19.05% |
| 2021-09-30 | 15.76% |
| 2021-06-27 | 13.86% |
| 2021-03-28 | 6.01% |
| 2020-12-27 | 4.30% |
| 2020-09-30 | 5.23% |
| 2020-06-28 | 6.92% |
| 2020-03-29 | 14.57% |
| 2019-12-29 | 17.10% |
| 2019-09-30 | 25.15% |
| 2019-06-30 | 21.27% |
| 2019-03-31 | 25.13% |
| 2018-12-30 | 21.05% |
| 2018-09-30 | 16.13% |
| 2018-07-01 | 24.39% |
| 2018-04-01 | 22.66% |
| 2017-12-31 | 24.25% |
| 2017-09-30 | 27.23% |
| 2017-07-02 | 27.34% |
| 2017-04-02 | 28.32% |
| 2017-01-01 | 29.72% |
| 2016-09-30 | 27.50% |
| 2016-06-26 | 26.96% |
| 2016-03-27 | 29.77% |
| 2015-12-27 | 28.28% |
| 2015-09-30 | 28.95% |
| 2015-06-28 | 25.51% |
| 2015-03-29 | 26.27% |
| 2014-12-28 | 24.97% |
| 2014-09-30 | 26.13% |
| 2014-06-29 | 1.48% |
| 2014-03-30 | -0.58% |
| 2013-12-29 | -1.95% |
| 2013-09-30 | -5.30% |
| 2013-06-30 | 23.57% |
| 2013-03-31 | 23.71% |
| 2012-12-30 | 23.11% |
| 2012-09-30 | 22.35% |
| 2012-07-01 | 22.20% |
| 2012-04-01 | 22.18% |
| 2012-01-01 | 22.91% |
| 2011-09-30 | 24.06% |
| 2011-07-03 | 21.78% |
| 2011-04-03 | 20.19% |
| 2011-01-02 | 20.57% |
| 2010-09-30 | 19.81% |
| 2010-06-27 | 17.56% |
| 2010-03-28 | 16.39% |
| 2009-12-27 | 12.63% |
| 2009-09-30 | 9.81% |
| 2009-06-28 | 7.01% |
| 2009-03-29 | 3.70% |
| 2008-12-28 | 5.97% |
| 2008-09-30 | 8.72% |
| 2008-06-29 | 12.42% |
| 2008-03-30 | 15.56% |
| 2007-12-30 | 18.04% |
| 2007-09-30 | 17.21% |
| 2007-07-01 | 18.08% |
| 2007-04-01 | 18.61% |
| 2006-12-31 | 19.44% |
| 2006-09-30 | 17.96% |
| 2006-07-02 | 19.21% |
| 2006-04-02 | 19.97% |
| 2006-01-01 | 20.30% |
| 2005-09-30 | 18.89% |
| 2005-07-03 | 18.98% |
| 2005-04-03 | 15.74% |
| 2005-01-02 | 13.95% |
| 2004-09-30 | 14.99% |
| 2004-06-27 | 13.93% |
| 2004-03-28 | 13.28% |
| 2003-12-28 | 12.84% |
| 2003-09-30 | 12.31% |
| 2003-06-29 | 12.39% |
