Schwab Charles
Schwab Charles returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
Operating income is unavailable in the extracted statements for this period.
ROIIC
% · Annual / TTM
Invested capital did not increase versus the prior year. ROIIC requires a positive increase.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Operating income is unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | 19.52% | 2.07% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | 18.27% | 1.97% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | 17.21% | 1.82% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | 16.08% | 1.77% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | 14.54% | 1.6% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | 13.1% | 1.39% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | — | — | 12.26% | 1.22% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | 11.03% | 1.09% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | 10.86% | 1.01% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | 11.09% | 0.96% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | 11.99% | 0.97% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | 14.82% | 1.14% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | — | — | 15.7% | 1.2% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | — | — | 16.32% | 1.21% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | 14.29% | 1.18% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | — | — | 13.26% | 1.15% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | 11.35% | 1.04% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | 10.13% | 0.93% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | 9.54% | 0.96% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | 11.18% | 1.05% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | 9.45% | 0.94% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | 8.98% | 0.85% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | — | — | 7.82% | 0.78% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | 10.61% | 0.86% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | 11.86% | 0.97% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | — | — | 14.02% | 1.08% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | 16.63% | 1.25% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | 17.11% | 1.37% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | 17.3% | 1.4% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | 17.13% | 1.39% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | 16.99% | 1.3% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | 15.41% | 1.26% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | 14.28% | 1.19% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | 13.22% | 1.08% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | — | — | 12.48% | 1.01% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 12.59% | 1.04% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | 12.33% | 1.03% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | 11.93% | 0.98% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | 11.71% | 0.93% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | 11.48% | 0.94% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | 11.24% | 0.92% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | 10.99% | 0.89% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | — | — | 10.82% | 0.86% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | 10.66% | 0.87% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | 10.7% | 0.86% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | 10.74% | 0.85% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | — | — | 11.37% | 0.89% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | 11.42% | 0.9% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | — | — | 11.48% | 0.9% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | — | — | 10.98% | 0.86% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | 10.12% | 0.77% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | 9.24% | 0.75% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | 9.11% | 0.74% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | 9.78% | 0.77% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | — | — | 10.21% | 0.77% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | 10.01% | 0.8% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | 10.59% | 0.81% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | 11.01% | 0.79% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | 12.4% | 0.86% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | 11.98% | 0.86% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | 11.48% | 0.81% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | 11.37% | 0.8% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | 8.04% | 0.54% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | 9.12% | 0.64% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | 10.96% | 0.8% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · SCHW, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.