Catalog / Business / Return on Invested Capital
Business · Tool

Return on Invested Capital

See what return a company earns on every dollar of debt and equity invested in its operations, net of taxes.

Net Operating Profit After Tax (NOPAT)
$
Invested Capital
$
— Or calculate from components
Operating Income
$
Tax Rate
%
Total Debt
$
Total Equity
$
Effective NOPAT$0
Effective Capital$0
Return on Invested Capital
0.00%
Enter financial data to see interpretation.
Benchmarks
Poor< 10%
Average10% – 15%
Excellent> 15%
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Industry use cases
M&A Due Diligence PE firms calculate ROIC to assess whether a target company generates sufficient returns on its invested capital to justify the acquisition price.
Equity Research Comparison Fund managers compare ROIC across peer companies to identify superior capital allocators for inclusion in growth portfolios.
Capital Efficiency Review CFOs benchmark ROIC against the weighted average cost of capital to evaluate whether strategic investments are creating shareholder value.
Credit Risk Evaluation Credit analysts evaluate ROIC to determine if a company generates adequate returns to service its debt obligations reliably.
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