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 12.68% is 29% above its 5-year average of 9.84%, near the high end of its 5-year range (7.60%–12.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.78% above its 12-month average of 12.10%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 12.68%.
RETURN ON INVESTED CAPITAL (ROIC)
12.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.16%
CURRENT VS TTM AVG
+4.78%
CURRENT VS 3Y AVG
+16.46%
CURRENT VS 5Y AVG
+28.92%
CURRENT VS 10Y AVG
+32.74%
CURRENT VS 15Y AVG
+49.18%
CURRENT VS 20Y AVG
+55.43%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+32.72%
vs the sector median at left
Curtiss-Wright Corporation
Market Cap
$20.96B
Return on Invested Capital (ROIC)
12.68%
TTM Avg
12.10%
3Y Avg
10.89%
5Y Avg
9.84%
Market Cap
$21.36B
Return on Invested Capital (ROIC)
12.01%
TTM Avg
10.54%
3Y Avg
4.76%
5Y Avg
4.12%
Market Cap
$20.53B
Return on Invested Capital (ROIC)
9.10%
TTM Avg
8.09%
3Y Avg
6.79%
5Y Avg
5.41%
Market Cap
$19.73B
Return on Invested Capital (ROIC)
4.30%
TTM Avg
1.45%
3Y Avg
1.65%
5Y Avg
-0.47%
Market Cap
$22.24B
Return on Invested Capital (ROIC)
11.14%
TTM Avg
8.86%
3Y Avg
10.88%
5Y Avg
11.43%
Market Cap
$19.22B
Return on Invested Capital (ROIC)
12.35%
TTM Avg
13.79%
3Y Avg
14.76%
5Y Avg
14.83%
Market Cap
$18.94B
Return on Invested Capital (ROIC)
7.91%
TTM Avg
7.52%
3Y Avg
7.25%
5Y Avg
7.45%
Market Cap
$23.22B
Return on Invested Capital (ROIC)
14.70%
TTM Avg
16.98%
3Y Avg
19.04%
5Y Avg
19.79%
Market Cap
$23.42B
Return on Invested Capital (ROIC)
9.55%
TTM Avg
14.57%
3Y Avg
14.06%
5Y Avg
12.58%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Curtiss-Wright Corporation (CW) | $20.96B | 12.68% | 12.10% | 10.89% | 9.84% |
| MTU Aero Engines AG (MTUAY)vs › | $21.36B | 12.01% | 10.54% | 4.76% | 4.12% |
| XPO Logistics, Inc. (XPO)vs › | $20.53B | 9.10% | 8.09% | 6.79% | 5.41% |
| Southwest Airlines Co. (LUV)vs › | $19.73B | 4.30% | 1.45% | 1.65% | -0.47% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.24B | 11.14% | 8.86% | 10.88% | 11.43% |
| Snap-on Incorporated (SNA)vs › | $19.22B | 12.35% | 13.79% | 14.76% | 14.83% |
| Equifax Inc. (EFX)vs › | $18.94B | 7.91% | 7.52% | 7.25% | 7.45% |
| Veralto Corporation (VLTO)vs › | $23.22B | 14.70% | 16.98% | 19.04% | 19.79% |
| Hubbell Incorporated (HUBB)vs › | $23.42B | 9.55% | 14.57% | 14.06% | 12.58% |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $18.13B | 18.93% | 17.63% | 18.81% | 18.80% |
ROIC
12.7%
ROE
19.5%
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 | 12.68% |
| 2026-03-31 | 12.70% |
| 2025-12-31 | 12.35% |
| 2025-09-30 | 11.83% |
| 2025-06-30 | 10.95% |
| 2025-03-31 | 10.94% |
| 2024-12-31 | 10.30% |
| 2024-09-30 | 10.37% |
| 2024-06-30 | 10.21% |
| 2024-03-31 | 10.08% |
| 2023-12-31 | 9.73% |
| 2023-09-30 | 10.07% |
| 2023-06-30 | 9.33% |
| 2023-03-31 | 9.09% |
| 2022-12-31 | 8.73% |
| 2022-09-30 | 7.67% |
| 2022-06-30 | 7.81% |
| 2022-03-31 | 7.75% |
| 2021-12-31 | 8.56% |
| 2021-09-30 | 7.79% |
| 2021-06-30 | 7.60% |
| 2021-03-31 | 6.91% |
| 2020-12-31 | 6.68% |
| 2020-09-30 | 7.65% |
| 2020-06-30 | 9.01% |
| 2020-03-31 | 10.31% |
| 2019-12-31 | 10.38% |
| 2019-09-30 | 10.89% |
| 2019-06-30 | 10.85% |
| 2019-03-31 | 11.01% |
| 2018-12-31 | 11.26% |
| 2018-09-30 | 10.36% |
| 2018-06-30 | 10.17% |
| 2018-03-31 | 9.26% |
| 2017-12-31 | 8.91% |
| 2017-09-30 | 8.87% |
| 2017-06-30 | 8.56% |
| 2017-03-31 | 8.49% |
| 2016-12-31 | 8.66% |
| 2016-09-30 | 8.57% |
| 2016-06-30 | 8.33% |
| 2016-03-31 | 8.28% |
| 2015-12-31 | 8.65% |
| 2015-09-30 | 7.50% |
| 2015-06-30 | 7.48% |
| 2015-03-31 | 7.59% |
| 2014-12-31 | 6.87% |
| 2014-09-30 | 6.81% |
| 2014-06-30 | 6.42% |
| 2014-03-31 | 6.18% |
| 2013-12-31 | 5.70% |
| 2013-09-30 | 5.57% |
| 2013-06-30 | 4.62% |
| 2013-03-31 | 4.12% |
| 2012-12-31 | 4.23% |
| 2012-09-30 | 4.99% |
| 2012-06-30 | 5.87% |
| 2012-03-31 | 6.14% |
| 2011-12-31 | 6.44% |
| 2011-09-30 | 6.70% |
| 2011-06-30 | 6.69% |
| 2011-03-31 | 6.69% |
| 2010-12-31 | 6.67% |
| 2010-09-30 | 6.32% |
| 2010-06-30 | 6.12% |
| 2010-03-31 | 6.22% |
| 2009-12-31 | 6.53% |
| 2009-09-30 | 6.29% |
| 2009-06-30 | 6.85% |
| 2009-03-31 | 7.13% |
| 2008-12-31 | 7.98% |
| 2008-09-30 | 8.12% |
| 2008-06-30 | 8.08% |
| 2008-03-31 | 7.63% |
| 2007-12-31 | 7.64% |
| 2007-09-30 | 6.82% |
| 2007-06-30 | 7.43% |
| 2007-03-31 | 7.99% |
| 2006-12-31 | 7.38% |
| 2006-09-30 | 7.33% |
| 2006-06-30 | 7.14% |
| 2006-03-31 | 7.06% |
| 2005-12-31 | 7.44% |
| 2005-09-30 | 6.83% |
| 2005-06-30 | 6.64% |
| 2005-03-31 | 6.14% |
| 2004-12-31 | 6.73% |
| 2004-09-30 | 6.56% |
| 2004-06-30 | 6.62% |
| 2004-03-31 | 6.41% |
| 2003-12-31 | 6.62% |
| 2003-09-30 | 6.51% |
| 2003-06-30 | 6.37% |