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 6.10% is in line with its 5-year average of 6.66%, around the middle of its 5-year range (0.79%–16.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.45% below its 12-month average of 6.59%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.10%.
RETURN ON INVESTED CAPITAL (ROIC)
6.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.87%
CURRENT VS TTM AVG
-7.45%
CURRENT VS 3Y AVG
-37.03%
CURRENT VS 5Y AVG
-8.47%
CURRENT VS 10Y AVG
+37.34%
CURRENT VS 15Y AVG
+40.24%
CURRENT VS 20Y AVG
+25.27%
SECTOR MEDIAN · UTILITIES
3.95%
median of 66 covered companies
CURRENT VS SECTOR MEDIAN
+54.55%
vs the sector median at left
Consolidated Water Co. Ltd.
Market Cap
$486.09M
Return on Invested Capital (ROIC)
6.10%
TTM Avg
6.59%
3Y Avg
9.68%
5Y Avg
6.66%
Market Cap
$499.41M
Return on Invested Capital (ROIC)
4.45%
TTM Avg
4.22%
3Y Avg
4.58%
5Y Avg
4.79%
Market Cap
$397.80M
Return on Invested Capital (ROIC)
-46.54%
TTM Avg
-111.72%
3Y Avg
-768.49%
5Y Avg
-768.49%
Market Cap
$611.07M
Return on Invested Capital (ROIC)
-10.98%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$357.71M
Return on Invested Capital (ROIC)
-0.01%
TTM Avg
-30.12%
3Y Avg
-42.72%
5Y Avg
-33.78%
Market Cap
$347.83M
Return on Invested Capital (ROIC)
3.25%
TTM Avg
2.84%
3Y Avg
2.61%
5Y Avg
2.68%
Market Cap
$325.08M
Return on Invested Capital (ROIC)
-16.18%
TTM Avg
-126.69%
3Y Avg
-162.59%
5Y Avg
-162.59%
Market Cap
$294.30M
Return on Invested Capital (ROIC)
-22.38%
TTM Avg
-19.69%
3Y Avg
-18.92%
5Y Avg
-18.02%
Market Cap
$698.00M
Return on Invested Capital (ROIC)
5.74%
TTM Avg
-40.45%
3Y Avg
-15.25%
5Y Avg
-10.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Consolidated Water Co. Ltd. (CWCO) | $486.09M | 6.10% | 6.59% | 9.68% | 6.66% |
| The York Water Company (YORW)vs › | $499.41M | 4.45% | 4.22% | 4.58% | 4.79% |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $397.80M | -46.54% | -111.72% | -768.49% | -768.49% |
| General Fusion Group Ltd. (GFUZ)vs › | $611.07M | -10.98% | N/A | N/A | N/A |
| Digi Power X Inc. (DGXX)vs › | $357.71M | -0.01% | -30.12% | -42.72% | -33.78% |
| Artesian Resources Corporation (ARTNA)vs › | $347.83M | 3.25% | 2.84% | 2.61% | 2.68% |
| Terrestrial Energy Inc. (IMSR)vs › | $325.08M | -16.18% | -126.69% | -162.59% | -162.59% |
| Cadiz Inc. (CDZI)vs › | $294.30M | -22.38% | -19.69% | -18.92% | -18.02% |
| Hallador Energy Company (HNRG)vs › | $698.00M | 5.74% | -40.45% | -15.25% | -10.34% |
| Pure Cycle Corporation (PCYO)vs › | $264.83M | 6.43% | 5.20% | 4.52% | 3.88% |
ROIC
6.1%
ROE
7.3%
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 | 6.10% |
| 2026-03-31 | 6.62% |
| 2025-12-31 | 7.14% |
| 2025-09-30 | 6.62% |
| 2025-06-30 | 6.47% |
| 2025-03-31 | 6.34% |
| 2024-12-31 | 7.47% |
| 2024-09-30 | 11.60% |
| 2024-06-30 | 13.75% |
| 2024-03-31 | 16.65% |
| 2023-12-31 | 15.70% |
| 2023-09-30 | 12.60% |
| 2023-06-30 | 8.85% |
| 2023-03-31 | 6.28% |
| 2022-12-31 | 5.22% |
| 2022-09-30 | 4.02% |
| 2022-06-30 | 4.06% |
| 2022-03-31 | 1.72% |
| 2021-12-31 | 1.08% |
| 2021-09-30 | 0.79% |
| 2021-06-30 | 0.83% |
| 2021-03-31 | 3.30% |
| 2020-12-31 | 4.79% |
| 2020-09-30 | 5.59% |
| 2020-06-30 | 6.06% |
| 2020-03-31 | 6.10% |
| 2019-12-31 | 5.34% |
| 2019-09-30 | 5.37% |
| 2019-06-30 | 5.30% |
| 2019-03-31 | 4.74% |
| 2018-12-31 | 4.30% |
| 2018-09-30 | 3.37% |
| 2018-06-30 | 2.54% |
| 2018-03-31 | 1.76% |
| 2017-12-31 | 2.10% |
| 2017-09-30 | 2.61% |
| 2017-06-30 | 0.60% |
| 2017-03-31 | 1.45% |
| 2016-12-31 | 1.26% |
| 2016-09-30 | 1.87% |
| 2016-06-30 | 4.63% |
| 2016-03-31 | 4.77% |
| 2015-12-31 | 5.45% |
| 2015-09-30 | 5.32% |
| 2015-06-30 | 5.05% |
| 2015-03-31 | 5.25% |
| 2014-12-31 | 4.21% |
| 2014-09-30 | 4.05% |
| 2014-06-30 | 3.54% |
| 2014-03-31 | 3.98% |
| 2013-12-31 | 5.21% |
| 2013-09-30 | 5.27% |
| 2013-06-30 | 5.40% |
| 2013-03-31 | 4.89% |
| 2012-12-31 | 4.83% |
| 2012-09-30 | 4.54% |
| 2012-06-30 | 4.42% |
| 2012-03-31 | 4.29% |
| 2011-12-31 | 3.46% |
| 2011-09-30 | 3.61% |
| 2011-06-30 | 3.24% |
| 2011-03-31 | 2.56% |
| 2010-12-31 | 3.63% |
| 2010-09-30 | 4.49% |
| 2010-06-30 | 5.74% |
| 2010-03-31 | 8.34% |
| 2009-12-31 | 8.76% |
| 2009-09-30 | 8.87% |
| 2009-06-30 | 8.93% |
| 2009-03-31 | 7.61% |
| 2008-12-31 | 6.72% |
| 2008-09-30 | 6.61% |
| 2008-06-30 | 6.19% |
| 2008-03-31 | 5.76% |
| 2007-12-31 | 6.38% |
| 2007-09-30 | 5.44% |
| 2007-06-30 | 5.27% |
| 2007-03-31 | 5.56% |
| 2006-12-31 | 5.52% |
| 2006-09-30 | 6.83% |
| 2006-06-30 | 7.21% |
| 2006-03-31 | 6.77% |
| 2005-12-31 | 5.02% |
| 2005-09-30 | 5.97% |
| 2005-06-30 | 5.96% |
| 2005-03-31 | 6.28% |
| 2004-12-31 | 7.64% |
| 2004-09-30 | 7.08% |
| 2004-06-30 | 8.16% |
| 2004-03-31 | 7.70% |
| 2003-12-31 | 6.58% |
| 2003-09-30 | 4.94% |
| 2003-06-30 | 5.61% |
