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 3.18% is 124% above its 5-year average of -13.31%, near the high end of its 5-year range (-36.06%–3.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.93% above its 12-month average of 2.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2026 (2026-06-30): 3.18%.
RETURN ON INVESTED CAPITAL (ROIC)
3.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-2.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-13.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-16.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-26.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-22.01%
CURRENT VS TTM AVG
+19.93%
CURRENT VS 3Y AVG
+240.67%
CURRENT VS 5Y AVG
+123.90%
CURRENT VS 10Y AVG
+119.30%
CURRENT VS 15Y AVG
+111.93%
CURRENT VS 20Y AVG
+114.45%
SECTOR MEDIAN · INDUSTRIALS
6.51%
median of 284 covered companies
CURRENT VS SECTOR MEDIAN
-51.18%
vs the sector median at left
American Superconductor Corporation
Market Cap
$1.45B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
2.65%
3Y Avg
-2.26%
5Y Avg
-13.31%
Market Cap
$1.44B
Return on Invested Capital (ROIC)
-8.76%
TTM Avg
-15.69%
3Y Avg
-15.77%
5Y Avg
-13.15%
Market Cap
$1.62B
Return on Invested Capital (ROIC)
2.59%
TTM Avg
3.30%
3Y Avg
3.01%
5Y Avg
4.04%
Market Cap
$1.24B
Return on Invested Capital (ROIC)
2.70%
TTM Avg
3.74%
3Y Avg
4.84%
5Y Avg
4.86%
Market Cap
$1.14B
Return on Invested Capital (ROIC)
3.54%
TTM Avg
3.35%
3Y Avg
3.63%
5Y Avg
4.12%
Market Cap
$1.11B
Return on Invested Capital (ROIC)
14.66%
TTM Avg
17.87%
3Y Avg
15.16%
5Y Avg
13.99%
Market Cap
$1.85B
Return on Invested Capital (ROIC)
11.15%
TTM Avg
10.50%
3Y Avg
11.41%
5Y Avg
9.22%
Market Cap
$1.86B
Return on Invested Capital (ROIC)
15.21%
TTM Avg
14.71%
3Y Avg
11.05%
5Y Avg
8.88%
Market Cap
$1.03B
Return on Invested Capital (ROIC)
21.64%
TTM Avg
33.45%
3Y Avg
25.54%
5Y Avg
10.98%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Superconductor Corporation (AMSC) | $1.45B | 3.18% | 2.65% | -2.26% | -13.31% |
| FuelCell Energy, Inc. (FCEL)vs › | $1.44B | -8.76% | -15.69% | -15.77% | -13.15% |
| Distribution Solutions Group, Inc. (DSGR)vs › | $1.62B | 2.59% | 3.30% | 3.01% | 4.04% |
| Capital Clean Energy Carriers Corp. (CCEC)vs › | $1.24B | 2.70% | 3.74% | 4.84% | 4.86% |
| Ameresco, Inc. (AMRC)vs › | $1.14B | 3.54% | 3.35% | 3.63% | 4.12% |
| CRA International, Inc. (CRAI)vs › | $1.11B | 14.66% | 17.87% | 15.16% | 13.99% |
| Cimpress plc (CMPR)vs › | $1.85B | 11.15% | 10.50% | 11.41% | 9.22% |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.86B | 15.21% | 14.71% | 11.05% | 8.88% |
| Power Solutions International, Inc. (PSIX)vs › | $1.03B | 21.64% | 33.45% | 25.54% | 10.98% |
| Upwork Inc. (UPWK)vs › | $1.03B | 8.71% | 8.29% | 1.00% | -1.51% |
ROIC
3.2%
ROE
23.9%
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 | 3.18% |
| 2026-03-31 | 2.59% |
| 2025-12-31 | 2.27% |
| 2025-09-30 | 2.95% |
| 2025-06-30 | 2.26% |
| 2025-03-31 | -0.51% |
| 2024-12-31 | -2.41% |
| 2024-09-30 | -3.79% |
| 2024-06-30 | -6.06% |
| 2024-03-31 | -7.38% |
| 2023-12-31 | -17.99% |
| 2023-09-30 | -27.58% |
| 2023-06-30 | -33.66% |
| 2023-03-31 | -36.06% |
| 2022-12-31 | -32.01% |
| 2022-09-30 | -25.01% |
| 2022-06-30 | -20.08% |
| 2022-03-31 | -17.57% |
| 2021-12-31 | -19.16% |
| 2021-09-30 | -22.44% |
| 2021-06-30 | -21.06% |
| 2021-03-31 | -18.08% |
| 2020-12-31 | -16.17% |
| 2020-09-30 | -24.41% |
| 2020-06-30 | -25.06% |
| 2020-03-31 | -27.82% |
| 2019-12-31 | -26.36% |
| 2019-09-30 | 2.63% |
| 2019-06-30 | 29.10% |
| 2019-03-31 | 30.21% |
| 2018-12-31 | 31.42% |
| 2018-09-30 | 9.16% |
| 2018-06-30 | -40.21% |
| 2018-03-31 | -52.84% |
| 2017-12-31 | -50.55% |
| 2017-09-30 | -48.45% |
| 2017-06-30 | -45.75% |
| 2017-03-31 | -39.62% |
| 2016-12-31 | -30.36% |
| 2016-09-30 | -27.88% |
| 2016-06-30 | -25.03% |
| 2016-03-31 | -20.75% |
| 2015-12-31 | -25.67% |
| 2015-09-30 | -29.36% |
| 2015-06-30 | -45.89% |
| 2015-03-31 | -58.13% |
| 2014-12-31 | -65.04% |
| 2014-09-30 | -64.13% |
| 2014-06-30 | -38.80% |
| 2014-03-31 | -32.64% |
| 2013-12-31 | -31.22% |
| 2013-09-30 | -43.78% |
| 2013-06-30 | -43.70% |
| 2013-03-31 | -39.61% |
| 2012-12-31 | -38.67% |
| 2012-09-30 | -39.38% |
| 2012-06-30 | -56.74% |
| 2012-03-31 | -80.86% |
| 2011-12-31 | -186.39% |
| 2011-09-30 | -162.50% |
| 2011-06-30 | -104.57% |
| 2011-03-31 | -76.10% |
| 2010-12-31 | 1.87% |
| 2010-09-30 | 8.16% |
| 2010-06-30 | 8.80% |
| 2010-03-31 | 7.19% |
| 2009-12-31 | 6.13% |
| 2009-09-30 | 3.09% |
| 2009-06-30 | 0.20% |
| 2009-03-31 | -3.60% |
| 2008-12-31 | -6.65% |
| 2008-09-30 | -6.70% |
| 2008-06-30 | -8.39% |
| 2008-03-31 | -11.73% |
| 2007-12-31 | -16.72% |
| 2007-09-30 | -18.75% |
| 2007-06-30 | -35.38% |
| 2007-03-31 | -34.75% |
| 2006-12-31 | -38.32% |
| 2006-09-30 | -33.41% |
| 2006-06-30 | -31.52% |
| 2006-03-31 | -29.09% |
| 2005-12-31 | -24.19% |
| 2005-09-30 | -18.64% |
| 2005-06-30 | -15.62% |
| 2005-03-31 | -14.18% |
| 2004-12-31 | -15.51% |
| 2004-09-30 | -19.00% |
| 2004-06-30 | -19.96% |
| 2004-03-31 | -22.25% |
| 2003-12-31 | -63.49% |
| 2003-09-30 | -106.51% |
| 2003-06-30 | -103.44% |
