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 6.52% is 48% below its 5-year average of 12.61%, near the low end of its 5-year range (6.52%–20.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.50% below its 12-month average of 7.81%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
6.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.49%
CURRENT VS TTM AVG
-16.50%
CURRENT VS 3Y AVG
-44.03%
CURRENT VS 5Y AVG
-48.31%
CURRENT VS 10Y AVG
-28.56%
CURRENT VS 15Y AVG
-29.26%
CURRENT VS 20Y AVG
-23.20%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-31.78%
vs the sector median at left
AGCO Corporation
Market Cap
$8.92B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
7.81%
3Y Avg
11.65%
5Y Avg
12.61%
Market Cap
$9.04B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$8.67B
Return on Invested Capital (ROIC)
15.99%
TTM Avg
18.77%
3Y Avg
14.79%
5Y Avg
14.49%
Market Cap
$9.34B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
17.06%
3Y Avg
12.91%
5Y Avg
11.95%
Market Cap
$8.49B
Return on Invested Capital (ROIC)
12.33%
TTM Avg
11.82%
3Y Avg
9.11%
5Y Avg
8.12%
Market Cap
$9.36B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$9.47B
Return on Invested Capital (ROIC)
8.47%
TTM Avg
10.47%
3Y Avg
13.84%
5Y Avg
13.87%
Market Cap
$8.15B
Return on Invested Capital (ROIC)
18.44%
TTM Avg
23.57%
3Y Avg
24.93%
5Y Avg
22.50%
Market Cap
$9.86B
Return on Invested Capital (ROIC)
10.51%
TTM Avg
8.04%
3Y Avg
9.82%
5Y Avg
9.10%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AGCO Corporation (AGCO) | $8.92B | 6.52% | 7.81% | 11.65% | 12.61% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $9.04B | 0.49% | 0.96% | 0.74% | 1.04% |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.67B | 15.99% | 18.77% | 14.79% | 14.49% |
| Valmont Industries, Inc. (VMI)vs › | $9.34B | 19.68% | 17.06% | 12.91% | 11.95% |
| Aecom (ACM)vs › | $8.49B | 12.33% | 11.82% | 9.11% | 8.12% |
| Pentair plc (PNR)vs › | $9.36B | 11.73% | 12.52% | 11.98% | 12.38% |
| Saia, Inc. (SAIA)vs › | $9.47B | 8.47% | 10.47% | 13.84% | 13.87% |
| A. O. Smith Corporation (AOS)vs › | $8.15B | 18.44% | 23.57% | 24.93% | 22.50% |
| Leonardo DRS, Inc. (DRS)vs › | $9.86B | 10.51% | 8.04% | 9.82% | 9.10% |
| Fluor Corporation (FLR)vs › | $7.91B | -8.15% | 0.87% | 1.73% | -0.04% |
ROIC
6.5%
ROE
13.1%
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 | 6.52% |
| 2026-03-31 | 9.14% |
| 2025-12-31 | 8.32% |
| 2025-09-30 | 7.56% |
| 2025-06-30 | 7.49% |
| 2025-03-31 | 9.11% |
| 2024-12-31 | 12.41% |
| 2024-09-30 | 8.98% |
| 2024-06-30 | 11.61% |
| 2024-03-31 | 14.56% |
| 2023-12-31 | 20.34% |
| 2023-09-30 | 18.22% |
| 2023-06-30 | 17.14% |
| 2023-03-31 | 15.30% |
| 2022-12-31 | 15.89% |
| 2022-09-30 | 13.84% |
| 2022-06-30 | 12.58% |
| 2022-03-31 | 14.15% |
| 2021-12-31 | 15.55% |
| 2021-09-30 | 13.08% |
| 2021-06-30 | 13.02% |
| 2021-03-31 | 9.94% |
| 2020-12-31 | 7.95% |
| 2020-09-30 | 6.37% |
| 2020-06-30 | 4.77% |
| 2020-03-31 | 5.59% |
| 2019-12-31 | 5.79% |
| 2019-09-30 | 6.18% |
| 2019-06-30 | 7.28% |
| 2019-03-31 | 6.99% |
| 2018-12-31 | 7.14% |
| 2018-09-30 | 5.53% |
| 2018-06-30 | 5.29% |
| 2018-03-31 | 4.79% |
| 2017-12-31 | 4.37% |
| 2017-09-30 | 4.41% |
| 2017-06-30 | 3.86% |
| 2017-03-31 | 3.06% |
| 2016-12-31 | 3.18% |
| 2016-09-30 | 2.96% |
| 2016-06-30 | 3.84% |
| 2016-03-31 | 5.00% |
| 2015-12-31 | 5.79% |
| 2015-09-30 | 5.38% |
| 2015-06-30 | 5.25% |
| 2015-03-31 | 6.64% |
| 2014-12-31 | 8.03% |
| 2014-09-30 | 8.39% |
| 2014-06-30 | 9.31% |
| 2014-03-31 | 10.20% |
| 2013-12-31 | 10.28% |
| 2013-09-30 | 9.91% |
| 2013-06-30 | 10.90% |
| 2013-03-31 | 10.84% |
| 2012-12-31 | 12.58% |
| 2012-09-30 | 13.98% |
| 2012-06-30 | 13.54% |
| 2012-03-31 | 12.24% |
| 2011-12-31 | 11.42% |
| 2011-09-30 | 9.85% |
| 2011-06-30 | 8.44% |
| 2011-03-31 | 6.86% |
| 2010-12-31 | 5.53% |
| 2010-09-30 | 4.41% |
| 2010-06-30 | 3.24% |
| 2010-03-31 | 3.20% |
| 2009-12-31 | 3.94% |
| 2009-09-30 | 6.06% |
| 2009-06-30 | 8.83% |
| 2009-03-31 | 12.39% |
| 2008-12-31 | 13.04% |
| 2008-09-30 | 11.52% |
| 2008-06-30 | 10.08% |
| 2008-03-31 | 8.95% |
| 2007-12-31 | 8.38% |
| 2007-09-30 | 3.27% |
| 2007-06-30 | 1.93% |
| 2007-03-31 | 2.53% |
| 2006-12-31 | 2.55% |
| 2006-09-30 | 4.12% |
| 2006-06-30 | 4.61% |
| 2006-03-31 | 5.32% |
| 2005-12-31 | 5.80% |
| 2005-09-30 | 6.72% |
| 2005-06-30 | 7.17% |
| 2005-03-31 | 6.67% |
| 2004-12-31 | 6.76% |
| 2004-09-30 | 6.41% |
| 2004-06-30 | 5.79% |
| 2004-03-31 | 4.55% |
| 2003-12-31 | 5.91% |
| 2003-09-30 | 4.36% |
| 2003-06-30 | 4.07% |