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 -0.22% is 131% below its 5-year average of 0.73%, near the high end of its 5-year range (-25.14%–7.90%).
As of the fiscal period ended Saturday, August 1, 2026. 82.49% above its 12-month average of -1.28%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-08-01): -0.22%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.93%
CURRENT VS TTM AVG
+82.49%
CURRENT VS 3Y AVG
-110.09%
CURRENT VS 5Y AVG
-130.53%
CURRENT VS 10Y AVG
-107.41%
CURRENT VS 15Y AVG
-106.23%
CURRENT VS 20Y AVG
-104.54%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-102.34%
vs the sector median at left
AeroVironment, Inc.
Market Cap
$8.27B
Return on Invested Capital (ROIC)
-0.22%
TTM Avg
-1.28%
3Y Avg
2.22%
5Y Avg
0.73%
Market Cap
$8.15B
Return on Invested Capital (ROIC)
12.33%
TTM Avg
11.82%
3Y Avg
9.11%
5Y Avg
8.12%
Market Cap
$8.51B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
10.48%
3Y Avg
14.32%
5Y Avg
13.46%
Market Cap
$7.89B
Return on Invested Capital (ROIC)
18.44%
TTM Avg
23.57%
3Y Avg
24.93%
5Y Avg
22.50%
Market Cap
$7.68B
Return on Invested Capital (ROIC)
-8.15%
TTM Avg
0.87%
3Y Avg
1.73%
5Y Avg
-0.04%
Market Cap
$8.90B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$8.94B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$9.12B
Return on Invested Capital (ROIC)
8.47%
TTM Avg
10.47%
3Y Avg
13.84%
5Y Avg
13.87%
Market Cap
$9.12B
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 |
|---|---|---|---|---|---|
| AeroVironment, Inc. (AVAV) | $8.27B | -0.22% | -1.28% | 2.22% | 0.73% |
| Aecom (ACM)vs › | $8.15B | 12.33% | 11.82% | 9.11% | 8.12% |
| AGCO Corporation (AGCO)vs › | $8.51B | 6.52% | 10.48% | 14.32% | 13.46% |
| A. O. Smith Corporation (AOS)vs › | $7.89B | 18.44% | 23.57% | 24.93% | 22.50% |
| Fluor Corporation (FLR)vs › | $7.68B | -8.15% | 0.87% | 1.73% | -0.04% |
| Pentair plc (PNR)vs › | $8.90B | 11.73% | 12.52% | 11.98% | 12.38% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.94B | 0.49% | 0.96% | 0.74% | 1.04% |
| Saia, Inc. (SAIA)vs › | $9.12B | 8.47% | 10.47% | 13.84% | 13.87% |
| Valmont Industries, Inc. (VMI)vs › | $9.12B | 19.68% | 17.06% | 12.91% | 11.95% |
| Matson, Inc. (MATX)vs › | $7.10B | 10.16% | 9.94% | 13.30% | 14.90% |
ROIC
-0.2%
ROE
-6.6%
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) |
|---|---|
| 2026-08-01 | -0.22% |
| 2026-04-30 | -1.33% |
| 2026-01-31 | -2.20% |
| 2025-11-01 | -1.67% |
| 2025-08-02 | -0.96% |
| 2025-04-30 | 4.22% |
| 2025-01-25 | 3.58% |
| 2024-10-26 | 5.47% |
| 2024-07-27 | 7.42% |
| 2024-04-30 | 7.90% |
| 2024-01-27 | -11.34% |
| 2023-10-28 | -12.14% |
| 2023-07-29 | -20.45% |
| 2023-04-30 | -25.14% |
| 2023-01-28 | 0.00% |
| 2022-10-29 | -2.34% |
| 2022-07-30 | -0.13% |
| 2022-04-30 | -1.20% |
| 2022-01-29 | -0.62% |
| 2021-10-30 | 1.00% |
| 2021-07-31 | 2.26% |
| 2021-04-30 | 5.03% |
| 2021-01-30 | 7.42% |
| 2020-10-31 | 7.12% |
| 2020-08-01 | 6.67% |
| 2020-04-30 | 7.97% |
| 2020-01-25 | 5.62% |
| 2019-10-26 | 7.23% |
| 2019-07-27 | 7.07% |
| 2019-04-30 | 6.56% |
| 2019-01-26 | 9.72% |
| 2018-10-27 | 8.25% |
| 2018-07-28 | 8.77% |
| 2018-04-30 | 4.83% |
| 2018-01-27 | 10.07% |
| 2017-10-28 | 9.64% |
| 2017-07-29 | 6.78% |
| 2017-04-30 | 4.98% |
| 2017-01-28 | -4.19% |
| 2016-10-29 | -2.33% |
| 2016-07-30 | 0.91% |
| 2016-04-30 | 2.67% |
| 2016-01-30 | 2.91% |
| 2015-10-31 | 2.62% |
| 2015-08-01 | -0.17% |
| 2015-04-30 | 0.57% |
| 2015-01-31 | 0.35% |
| 2014-11-01 | 1.41% |
| 2014-08-02 | 3.35% |
| 2014-04-30 | 3.59% |
| 2014-01-25 | 0.16% |
| 2013-10-26 | -2.86% |
| 2013-07-27 | 0.02% |
| 2013-04-30 | 1.15% |
| 2013-01-26 | 8.89% |
| 2012-10-27 | 9.67% |
| 2012-07-28 | 9.32% |
| 2012-04-30 | 9.86% |
| 2012-01-28 | 10.51% |
| 2011-10-29 | 12.83% |
| 2011-07-30 | 10.86% |
| 2011-04-30 | 9.53% |
| 2011-01-29 | 9.51% |
| 2010-10-30 | 7.93% |
| 2010-07-31 | 8.79% |
| 2010-04-30 | 8.65% |
| 2010-01-30 | 4.88% |
| 2009-10-31 | 4.03% |
| 2009-08-01 | 7.20% |
| 2009-04-30 | 10.88% |
| 2009-01-31 | 11.66% |
| 2008-11-01 | 12.60% |
| 2008-08-02 | 11.05% |
| 2008-04-30 | 11.05% |
| 2008-01-26 | 10.80% |
| 2007-10-27 | 13.50% |
| 2007-07-28 | 15.01% |
| 2007-04-30 | 14.33% |
| 2007-01-27 | -31.35% |
| 2006-07-31 | -19.82% |
| 2006-04-30 | 44.22% |
| 2005-04-30 | 80.31% |