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 2.48% is in line with its 5-year average of 2.48%, near the high end of its 5-year range (-11.65%–8.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.35% below its 12-month average of 2.90%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 2.48%.
RETURN ON INVESTED CAPITAL (ROIC)
2.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
2.79%
CURRENT VS TTM AVG
-14.35%
CURRENT VS 3Y AVG
-31.94%
CURRENT VS 5Y AVG
+0.01%
CURRENT VS 10Y AVG
-33.46%
CURRENT VS 15Y AVG
-46.81%
CURRENT VS 20Y AVG
-11.03%
SECTOR MEDIAN · INDUSTRIALS
5.32%
median of 331 covered companies
CURRENT VS SECTOR MEDIAN
-53.30%
vs the sector median at left
American Airlines Group Inc.
Market Cap
$8.63B
Return on Invested Capital (ROIC)
2.48%
TTM Avg
2.90%
3Y Avg
3.65%
5Y Avg
2.48%
Market Cap
$8.43B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$8.34B
Return on Invested Capital (ROIC)
6.64%
TTM Avg
7.82%
3Y Avg
8.50%
5Y Avg
8.52%
Market Cap
$8.20B
Return on Invested Capital (ROIC)
15.99%
TTM Avg
18.77%
3Y Avg
14.79%
5Y Avg
14.49%
Market Cap
$8.24B
Return on Invested Capital (ROIC)
11.93%
TTM Avg
10.67%
3Y Avg
11.17%
5Y Avg
9.34%
Market Cap
$8.14B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
10.48%
3Y Avg
14.32%
5Y Avg
13.46%
Market Cap
$7.94B
Return on Invested Capital (ROIC)
18.44%
TTM Avg
23.57%
3Y Avg
24.93%
5Y Avg
22.50%
Market Cap
$7.88B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$9.21B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
17.06%
3Y Avg
12.91%
5Y Avg
11.95%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Airlines Group Inc. (AAL) | $8.63B | 2.48% | 2.90% | 3.65% | 2.48% |
| Pentair plc (PNR)vs › | $8.43B | 11.73% | 12.52% | 11.98% | 12.38% |
| The Timken Company (TKR)vs › | $8.34B | 6.64% | 7.82% | 8.50% | 8.52% |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.20B | 15.99% | 18.77% | 14.79% | 14.49% |
| Dycom Industries, Inc. (DY)vs › | $8.24B | 11.93% | 10.67% | 11.17% | 9.34% |
| AGCO Corporation (AGCO)vs › | $8.14B | 6.52% | 10.48% | 14.32% | 13.46% |
| A. O. Smith Corporation (AOS)vs › | $7.94B | 18.44% | 23.57% | 24.93% | 22.50% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $7.88B | 0.49% | 0.96% | 0.74% | 1.04% |
| Valmont Industries, Inc. (VMI)vs › | $9.21B | 19.68% | 17.06% | 12.91% | 11.95% |
| Saia, Inc. (SAIA)vs › | $9.23B | 8.47% | 10.47% | 13.84% | 13.87% |
ROIC
2.5%
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) |
|---|---|
| 2026-06-30 | 2.48% |
| 2026-03-31 | 2.37% |
| 2025-12-31 | 2.09% |
| 2025-09-30 | 3.74% |
| 2025-06-30 | 3.82% |
| 2025-03-31 | 4.23% |
| 2024-12-31 | 4.48% |
| 2024-09-30 | 3.46% |
| 2024-06-30 | 4.18% |
| 2024-03-31 | 4.32% |
| 2023-12-31 | 4.98% |
| 2023-09-30 | 6.38% |
| 2023-06-30 | 8.02% |
| 2023-03-31 | 6.37% |
| 2022-12-31 | 2.37% |
| 2022-09-30 | -1.17% |
| 2022-06-30 | -1.88% |
| 2022-03-31 | -3.06% |
| 2021-12-31 | -2.12% |
| 2021-09-30 | -5.37% |
| 2021-06-30 | -11.65% |
| 2021-03-31 | -17.09% |
| 2020-12-31 | -21.60% |
| 2020-09-30 | -14.71% |
| 2020-06-30 | -7.12% |
| 2020-03-31 | 0.33% |
| 2019-12-31 | 5.14% |
| 2019-09-30 | 4.90% |
| 2019-06-30 | 4.66% |
| 2019-03-31 | 4.48% |
| 2018-12-31 | 4.31% |
| 2018-09-30 | 5.03% |
| 2018-06-30 | 5.77% |
| 2018-03-31 | 6.29% |
| 2017-12-31 | 6.66% |
| 2017-09-30 | 6.81% |
| 2017-06-30 | 7.07% |
| 2017-03-31 | 7.48% |
| 2016-12-31 | 8.38% |
| 2016-09-30 | 14.55% |
| 2016-06-30 | 16.26% |
| 2016-03-31 | 16.98% |
| 2015-12-31 | 16.75% |
| 2015-09-30 | 16.49% |
| 2015-06-30 | 15.24% |
| 2015-03-31 | 12.75% |
| 2014-12-31 | 12.10% |
| 2014-09-30 | 9.94% |
| 2014-06-30 | 9.57% |
| 2014-03-31 | 6.99% |
| 2013-12-31 | 4.83% |
| 2013-09-30 | 7.31% |
| 2013-06-30 | 3.87% |
| 2013-03-31 | 1.81% |
| 2012-12-31 | 0.67% |
| 2012-09-30 | -4.29% |
| 2012-06-30 | -4.26% |
| 2012-03-31 | -4.26% |
| 2011-12-31 | -6.30% |
| 2011-09-30 | -1.18% |
| 2011-06-30 | 0.56% |
| 2011-03-31 | 1.60% |
| 2010-12-31 | 1.70% |
| 2010-09-30 | -0.83% |
| 2010-06-30 | -3.76% |
| 2010-03-31 | -4.98% |
| 2009-12-31 | -5.36% |
| 2009-09-30 | -3.61% |
| 2009-06-30 | -3.99% |
| 2009-03-31 | -9.10% |
| 2008-12-31 | -8.85% |
| 2008-09-30 | -7.55% |
| 2008-06-30 | -4.99% |
| 2008-03-31 | 2.11% |
| 2007-12-31 | 3.86% |
| 2007-09-30 | 5.62% |
| 2007-06-30 | 5.33% |
| 2007-03-31 | 5.40% |
| 2006-12-31 | 4.84% |
| 2006-09-30 | 2.15% |
| 2006-06-30 | 1.09% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | -0.42% |
| 2005-09-30 | -0.29% |
| 2005-06-30 | -0.59% |
| 2005-03-31 | -0.74% |
| 2004-12-31 | -0.64% |
| 2004-09-30 | -0.07% |
| 2004-06-30 | 0.75% |
| 2004-03-31 | 0.29% |
| 2003-12-31 | -3.61% |
| 2003-09-30 | -5.55% |
| 2003-06-30 | -12.25% |
