Return on invested capital (ROIC)

How Tickdelta computes it

Operating income × (1 − tax rate) ÷ (total debt + shareholders' equity)

Operating income and the tax rate are from the last fiscal year; debt and equity from the latest balance sheet.

Where the numbers come from

Input	XBRL line items, in the order tried
Operating income	us-gaap:OperatingIncomeLoss
Income tax	us-gaap:IncomeTaxExpenseBenefit
Pretax income	us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
Long-term debt	us-gaap:LongTermDebt us-gaap:LongTermDebtAndCapitalLeaseObligations us-gaap:LongTermDebtNoncurrent us-gaap:LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities us-gaap:LongTermNotesAndLoans us-gaap:LongTermNotesPayable
Short-term borrowings	us-gaap:CommercialPaper us-gaap:ShortTermBorrowings us-gaap:DebtCurrent
Shareholders' equity	us-gaap:StockholdersEquity us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

The first line item the filing reports is used. On a company page, hover or tap the number to see which one it was and the filing it came from; click it to open that filing at SEC.

See every company by ROIC in the screener