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 0.34% is 93% below its 5-year average of 4.79%, near the low end of its 5-year range (0.34%–11.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 95.83% below its 12-month average of 8.05%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
0.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.06%
CURRENT VS TTM AVG
-95.83%
CURRENT VS 3Y AVG
-95.18%
CURRENT VS 5Y AVG
-92.99%
CURRENT VS 10Y AVG
-91.55%
CURRENT VS 15Y AVG
-92.02%
CURRENT VS 20Y AVG
-94.45%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 152 covered companies
CURRENT VS SECTOR MEDIAN
-96.48%
vs the sector median at left
CECO Environmental Corp.
Market Cap
$4.16B
Return on Invested Capital (ROIC)
0.34%
TTM Avg
8.05%
3Y Avg
6.97%
5Y Avg
4.79%
Market Cap
$4.30B
Return on Invested Capital (ROIC)
7.00%
TTM Avg
6.70%
3Y Avg
8.80%
5Y Avg
10.34%
Market Cap
$3.91B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
Market Cap
$3.90B
Return on Invested Capital (ROIC)
6.87%
TTM Avg
6.04%
3Y Avg
4.79%
5Y Avg
4.02%
Market Cap
$4.54B
Return on Invested Capital (ROIC)
18.21%
TTM Avg
9.12%
3Y Avg
10.21%
5Y Avg
10.99%
Market Cap
$4.73B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
9.25%
3Y Avg
9.88%
5Y Avg
7.64%
Market Cap
$3.44B
Return on Invested Capital (ROIC)
18.49%
TTM Avg
13.96%
3Y Avg
14.96%
5Y Avg
17.01%
Market Cap
$4.88B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
3.02%
3Y Avg
2.35%
5Y Avg
2.58%
Market Cap
$5.03B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
5.73%
3Y Avg
5.27%
5Y Avg
5.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CECO Environmental Corp. (CECO) | $4.16B | 0.34% | 8.05% | 6.97% | 4.79% |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $4.30B | 7.00% | 6.70% | 8.80% | 10.34% |
| Primoris Services Corporation (PRIM)vs › | $3.91B | 5.72% | 9.67% | 8.23% | 8.22% |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.90B | 6.87% | 6.04% | 4.79% | 4.02% |
| MYR Group Inc. (MYRG)vs › | $4.54B | 18.21% | 9.12% | 10.21% | 10.99% |
| KBR, Inc. (KBR)vs › | $4.73B | 10.22% | 9.25% | 9.88% | 7.64% |
| Exponent, Inc. (EXPO)vs › | $3.44B | 18.49% | 13.96% | 14.96% | 17.01% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.88B | 4.71% | 3.02% | 2.35% | 2.58% |
| UniFirst Corporation (UNF)vs › | $5.03B | 4.40% | 5.73% | 5.27% | 5.52% |
| Teekay Tankers Ltd. (TNK)vs › | $3.11B | 17.97% | 15.37% | 19.26% | 11.99% |
ROIC
0.3%
ROE
-1.3%
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 | 0.34% |
| 2026-03-31 | 5.45% |
| 2025-12-31 | 11.63% |
| 2025-09-30 | 11.61% |
| 2025-06-30 | 11.25% |
| 2025-03-31 | 9.17% |
| 2024-12-31 | 5.57% |
| 2024-09-30 | 5.74% |
| 2024-06-30 | 6.59% |
| 2024-03-31 | 6.12% |
| 2023-12-31 | 5.68% |
| 2023-09-30 | 6.27% |
| 2023-06-30 | 5.25% |
| 2023-03-31 | 4.51% |
| 2022-12-31 | 4.72% |
| 2022-09-30 | 3.67% |
| 2022-06-30 | 2.78% |
| 2022-03-31 | 2.01% |
| 2021-12-31 | 1.80% |
| 2021-09-30 | 1.91% |
| 2021-06-30 | 2.17% |
| 2021-03-31 | 2.96% |
| 2020-12-31 | 3.31% |
| 2020-09-30 | 5.30% |
| 2020-06-30 | 6.16% |
| 2020-03-31 | 5.11% |
| 2019-12-31 | 5.90% |
| 2019-09-30 | 5.63% |
| 2019-06-30 | 0.75% |
| 2019-03-31 | 0.94% |
| 2018-12-31 | 1.90% |
| 2018-09-30 | -1.32% |
| 2018-06-30 | 2.11% |
| 2018-03-31 | 3.20% |
| 2017-12-31 | 1.27% |
| 2017-09-30 | -9.61% |
| 2017-06-30 | -8.31% |
| 2017-03-31 | -8.24% |
| 2016-12-31 | -6.98% |
| 2016-09-30 | 3.37% |
| 2016-06-30 | 1.51% |
| 2016-03-31 | 0.99% |
| 2015-12-31 | 1.14% |
| 2015-09-30 | 1.05% |
| 2015-06-30 | 3.86% |
| 2015-03-31 | 4.69% |
| 2014-12-31 | 4.99% |
| 2014-09-30 | 5.64% |
| 2014-06-30 | 3.55% |
| 2014-03-31 | 2.96% |
| 2013-12-31 | 2.33% |
| 2013-09-30 | 2.50% |
| 2013-06-30 | 14.40% |
| 2013-03-31 | 14.53% |
| 2012-12-31 | 17.56% |
| 2012-09-30 | 18.31% |
| 2012-06-30 | 17.45% |
| 2012-03-31 | 16.58% |
| 2011-12-31 | 15.73% |
| 2011-09-30 | 13.56% |
| 2011-06-30 | 10.13% |
| 2011-03-31 | 8.44% |
| 2010-12-31 | 6.54% |
| 2010-09-30 | -25.60% |
| 2010-06-30 | -28.20% |
| 2010-03-31 | -32.00% |
| 2009-12-31 | -33.07% |
| 2009-09-30 | 4.89% |
| 2009-06-30 | 7.57% |
| 2009-03-31 | 9.25% |
| 2008-12-31 | 7.03% |
| 2008-09-30 | 5.46% |
| 2008-06-30 | 7.38% |
| 2008-03-31 | 8.06% |
| 2007-12-31 | 14.79% |
| 2007-09-30 | 15.79% |
| 2007-06-30 | 13.70% |
| 2007-03-31 | 11.13% |
| 2006-12-31 | 10.85% |
| 2006-09-30 | 9.56% |
| 2006-06-30 | 9.00% |
| 2006-03-31 | 10.23% |
| 2005-12-31 | 7.38% |
| 2005-09-30 | 8.89% |
| 2005-06-30 | 6.03% |
| 2005-03-31 | 1.53% |
| 2004-12-31 | 4.27% |
| 2004-09-30 | 3.37% |
| 2004-06-30 | 4.00% |
| 2004-03-31 | 4.95% |
| 2003-12-31 | 6.01% |
| 2003-09-30 | 7.10% |
| 2003-06-30 | 6.39% |