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 8.55% is 353% above its 5-year average of -3.38%, near the high end of its 5-year range (-23.85%–8.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.95% above its 12-month average of 8.31%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 8.55%.
RETURN ON INVESTED CAPITAL (ROIC)
8.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-3.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-23.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+2.95%
CURRENT VS 3Y AVG
+87.07%
CURRENT VS 5Y AVG
+353.15%
CURRENT VS 10Y AVG
+136.36%
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
-22.06%
vs the sector median at left
Sea Limited
Market Cap
$64.65B
Return on Invested Capital (ROIC)
8.55%
TTM Avg
8.31%
3Y Avg
4.57%
5Y Avg
-3.38%
Market Cap
$68.92B
Return on Invested Capital (ROIC)
16.55%
TTM Avg
15.98%
3Y Avg
14.34%
5Y Avg
10.05%
Market Cap
$69.47B
Return on Invested Capital (ROIC)
14.59%
TTM Avg
14.57%
3Y Avg
9.20%
5Y Avg
1.14%
Market Cap
$70.86B
Return on Invested Capital (ROIC)
36.25%
TTM Avg
36.73%
3Y Avg
38.72%
5Y Avg
37.25%
Market Cap
$71.89B
Return on Invested Capital (ROIC)
19.03%
TTM Avg
19.49%
3Y Avg
18.52%
5Y Avg
16.61%
Market Cap
$72.33B
Return on Invested Capital (ROIC)
22.56%
TTM Avg
18.07%
3Y Avg
17.13%
5Y Avg
15.21%
Market Cap
$55.43B
Return on Invested Capital (ROIC)
1.61%
TTM Avg
1.44%
3Y Avg
2.09%
5Y Avg
1.44%
Market Cap
$54.19B
Return on Invested Capital (ROIC)
10.87%
TTM Avg
11.33%
3Y Avg
14.64%
5Y Avg
16.67%
Market Cap
$77.07B
Return on Invested Capital (ROIC)
17.35%
TTM Avg
14.52%
3Y Avg
2.24%
5Y Avg
-0.85%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sea Limited (SE) | $64.65B | 8.55% | 8.31% | 4.57% | -3.38% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $68.92B | 16.55% | 15.98% | 14.34% | 10.05% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $69.47B | 14.59% | 14.57% | 9.20% | 1.14% |
| O'Reilly Automotive, Inc. (ORLY)vs › | $70.86B | 36.25% | 36.73% | 38.72% | 37.25% |
| Ferrari N.V. (RACE)vs › | $71.89B | 19.03% | 19.49% | 18.52% | 16.61% |
| Ross Stores, Inc. (ROST)vs › | $72.33B | 22.56% | 18.07% | 17.13% | 15.21% |
| Ford Motor Company (F)vs › | $55.43B | 1.61% | 1.44% | 2.09% | 1.44% |
| NIKE, Inc. (NKE)vs › | $54.19B | 10.87% | 11.33% | 14.64% | 16.67% |
| Carvana Co. (CVNA)vs › | $77.07B | 17.35% | 14.52% | 2.24% | -0.85% |
| General Motors Company (GM)vs › | $77.89B | 0.81% | 2.58% | 3.32% | 3.26% |
ROIC
8.6%
ROE
12.7%
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 | 8.55% |
| 2026-03-31 | 8.38% |
| 2025-12-31 | 8.51% |
| 2025-09-30 | 8.62% |
| 2025-06-30 | 7.48% |
| 2025-03-31 | 5.50% |
| 2024-12-31 | 3.06% |
| 2024-09-30 | 1.33% |
| 2024-06-30 | -0.15% |
| 2024-03-31 | 0.86% |
| 2023-12-31 | 1.12% |
| 2023-09-30 | 4.68% |
| 2023-06-30 | 1.49% |
| 2023-03-31 | -8.06% |
| 2022-12-31 | -14.60% |
| 2022-09-30 | -22.04% |
| 2022-06-30 | -20.84% |
| 2022-03-31 | -15.09% |
| 2021-12-31 | -13.55% |
| 2021-09-30 | -12.35% |
| 2021-06-30 | -23.85% |
| 2021-03-31 | -23.68% |
| 2020-12-31 | -22.40% |
| 2020-09-30 | -36.89% |
| 2020-06-30 | -29.25% |
| 2020-03-31 | -32.77% |
| 2019-12-31 | -30.81% |
| 2019-09-30 | -48.01% |
| 2019-06-30 | -44.98% |
| 2019-03-31 | -40.90% |
| 2018-12-31 | -98.19% |
| 2018-09-30 | -65.47% |
| 2018-06-30 | -48.78% |
| 2018-03-31 | -51.92% |
| 2017-12-31 | -37.14% |
| 2017-09-30 | -58.57% |
| 2017-06-30 | -39.12% |
| 2017-03-31 | -45.78% |
| 2016-12-31 | -91.74% |
