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 20.64% is 22822% above its 5-year average of 0.09%, near the high end of its 5-year range (-7.65%–20.64%).
As of the fiscal period ended Saturday, July 4, 2026. 53.72% above its 12-month average of 13.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-04): 20.64%.
RETURN ON INVESTED CAPITAL (ROIC)
20.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.20%
CURRENT VS TTM AVG
+53.72%
CURRENT VS 3Y AVG
+389.16%
CURRENT VS 5Y AVG
+22821.95%
CURRENT VS 10Y AVG
+2884.86%
CURRENT VS 15Y AVG
+291.65%
CURRENT VS 20Y AVG
+186.70%
SECTOR MEDIAN · INDUSTRIALS
5.92%
median of 312 covered companies
CURRENT VS SECTOR MEDIAN
+248.63%
vs the sector median at left
Astronics Corporation
Market Cap
$2.63B
Return on Invested Capital (ROIC)
20.64%
TTM Avg
13.43%
3Y Avg
4.22%
5Y Avg
0.09%
Market Cap
$2.64B
Return on Invested Capital (ROIC)
-30.72%
TTM Avg
-50.51%
3Y Avg
-36.76%
5Y Avg
-34.08%
Market Cap
$2.55B
Return on Invested Capital (ROIC)
11.19%
TTM Avg
12.86%
3Y Avg
10.63%
5Y Avg
7.29%
Market Cap
$2.49B
Return on Invested Capital (ROIC)
-12.22%
TTM Avg
-23.39%
3Y Avg
-36.10%
5Y Avg
-30.67%
Market Cap
$2.86B
Return on Invested Capital (ROIC)
11.34%
TTM Avg
11.53%
3Y Avg
9.15%
5Y Avg
9.95%
Market Cap
$2.93B
Return on Invested Capital (ROIC)
1.27%
TTM Avg
7.00%
3Y Avg
9.45%
5Y Avg
9.67%
Market Cap
$2.29B
Return on Invested Capital (ROIC)
-36.27%
TTM Avg
-46.13%
3Y Avg
-91.75%
5Y Avg
-348.52%
Market Cap
$2.28B
Return on Invested Capital (ROIC)
-9.07%
TTM Avg
-18.09%
3Y Avg
-120.41%
5Y Avg
-120.41%
Market Cap
$3.04B
Return on Invested Capital (ROIC)
9.38%
TTM Avg
9.96%
3Y Avg
10.00%
5Y Avg
6.78%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Astronics Corporation (ATRO) | $2.63B | 20.64% | 13.43% | 4.22% | 0.09% |
| Plug Power Inc. (PLUG)vs › | $2.64B | -30.72% | -50.51% | -36.76% | -34.08% |
| Huron Consulting Group Inc. (HURN)vs › | $2.55B | 11.19% | 12.86% | 10.63% | 7.29% |
| Redwire Corp (RDW)vs › | $2.49B | -12.22% | -23.39% | -36.10% | -30.67% |
| Maximus, Inc. (MMS)vs › | $2.86B | 11.34% | 11.53% | 9.15% | 9.95% |
| ArcBest Corp (ARCB)vs › | $2.93B | 1.27% | 7.00% | 9.45% | 9.67% |
| NuScale Power Corporation (SMR)vs › | $2.29B | -36.27% | -46.13% | -91.75% | -348.52% |
| Intuitive Machines, Inc. (LUNR)vs › | $2.28B | -9.07% | -18.09% | -120.41% | -120.41% |
| DXP Enterprises, Inc. (DXPE)vs › | $3.04B | 9.38% | 9.96% | 10.00% | 6.78% |
| Flywire Corp (FLYW)vs › | $2.21B | 3.93% | 0.30% | -2.03% | -3.22% |
ROIC
20.6%
ROE
39.9%
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) |
|---|---|
| 2026-07-04 | 20.64% |
| 2026-04-04 | 15.22% |
| 2025-12-31 | 12.69% |
| 2025-09-27 | 5.16% |
| 2025-06-28 | 3.76% |
| 2025-03-29 | 4.14% |
| 2024-12-31 | 5.37% |
| 2024-09-28 | 5.00% |
| 2024-06-29 | 0.50% |
| 2024-03-30 | -0.53% |
| 2023-12-31 | -1.28% |
| 2023-09-30 | -3.62% |
| 2023-07-01 | -3.54% |
| 2023-04-01 | -5.88% |
| 2022-12-31 | -6.36% |
| 2022-10-01 | -7.65% |
| 2022-07-02 | -5.57% |
| 2022-04-02 | -4.93% |
| 2021-12-31 | -5.85% |
| 2021-10-02 | -4.93% |
| 2021-07-03 | -5.86% |
| 2021-04-03 | -8.35% |
| 2020-12-31 | -18.89% |
| 2020-09-26 | -24.22% |
| 2020-06-27 | -21.60% |
| 2020-03-28 | -12.05% |
| 2019-12-31 | 0.19% |
| 2019-09-28 | 6.72% |
| 2019-06-29 | 8.81% |
| 2019-03-30 | 10.29% |
| 2018-12-31 | 8.81% |
| 2018-09-29 | 5.60% |
| 2018-06-30 | 3.91% |
| 2018-03-31 | 2.67% |
| 2017-12-31 | 3.76% |
| 2017-09-30 | 7.03% |
| 2017-07-01 | 8.15% |
| 2017-04-01 | 9.89% |
| 2016-12-31 | 9.89% |
| 2016-10-01 | 10.55% |
| 2016-07-02 | 13.08% |
| 2016-04-02 | 13.63% |
| 2015-12-31 | 13.86% |
| 2015-10-03 | 13.89% |
| 2015-07-04 | 12.79% |
| 2015-04-04 | 12.95% |
| 2014-12-31 | 13.59% |
| 2014-09-27 | 10.85% |
| 2014-06-28 | 8.26% |
| 2014-03-29 | 6.17% |
| 2013-12-31 | 7.22% |
| 2013-09-28 | 7.29% |
| 2013-06-29 | 13.66% |
| 2013-03-30 | 13.92% |
| 2012-12-31 | 13.04% |
| 2012-09-29 | 13.21% |
| 2012-06-30 | 15.64% |
| 2012-03-31 | 15.79% |
| 2011-12-31 | 15.63% |
| 2011-10-01 | 24.56% |
| 2011-07-02 | 24.35% |
| 2011-04-02 | 23.47% |
| 2010-12-31 | 22.76% |
| 2010-10-02 | 2.52% |
| 2010-07-03 | -0.23% |
| 2010-04-03 | -2.27% |
| 2009-12-31 | -5.40% |
| 2009-10-03 | 3.31% |
| 2009-07-04 | 3.22% |
| 2009-04-04 | 5.87% |
| 2008-12-31 | 10.80% |
| 2008-09-27 | 14.64% |
| 2008-06-28 | 17.50% |
| 2008-03-29 | 17.29% |
| 2007-12-31 | 20.35% |
| 2007-09-29 | 18.49% |
| 2007-06-30 | 15.54% |
| 2007-03-31 | 14.33% |
| 2006-12-31 | 11.04% |
| 2006-09-30 | 11.41% |
| 2006-07-01 | 10.21% |
| 2006-04-01 | 7.02% |
| 2005-12-31 | 5.81% |
| 2005-09-30 | 2.81% |
| 2005-06-30 | 0.61% |
| 2005-03-31 | -0.42% |
| 2004-12-31 | -2.18% |
| 2004-09-30 | 1.56% |
| 2003-06-30 | 6.59% |
