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 7.20% is 21% below its 5-year average of 9.12%, near the low end of its 5-year range (7.08%–12.74%).
As of the fiscal period ended Sunday, August 2, 2026. 0.77% above its 12-month average of 7.15%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
7.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.09%
CURRENT VS TTM AVG
+0.77%
CURRENT VS 3Y AVG
-18.95%
CURRENT VS 5Y AVG
-21.05%
CURRENT VS 10Y AVG
+5.96%
CURRENT VS 15Y AVG
+19.80%
CURRENT VS 20Y AVG
+18.22%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-24.63%
vs the sector median at left
Deere & Company
Market Cap
$183.75B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
7.15%
3Y Avg
8.89%
5Y Avg
9.12%
Market Cap
$180.73B
Return on Invested Capital (ROIC)
16.45%
TTM Avg
15.14%
3Y Avg
13.99%
5Y Avg
12.86%
Market Cap
$194.71B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.24%
5Y Avg
9.45%
Market Cap
$171.36B
Return on Invested Capital (ROIC)
11.65%
TTM Avg
11.62%
3Y Avg
11.69%
5Y Avg
11.48%
Market Cap
$166.55B
Return on Invested Capital (ROIC)
-7.72%
TTM Avg
-12.31%
3Y Avg
-8.28%
5Y Avg
-9.55%
Market Cap
$166.42B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
14.94%
3Y Avg
11.63%
5Y Avg
6.26%
Market Cap
$163.91B
Return on Invested Capital (ROIC)
9.09%
TTM Avg
13.05%
3Y Avg
11.55%
5Y Avg
10.10%
Market Cap
$159.17B
Return on Invested Capital (ROIC)
12.41%
TTM Avg
17.58%
3Y Avg
13.72%
5Y Avg
9.91%
Market Cap
$145.22B
Return on Invested Capital (ROIC)
14.46%
TTM Avg
9.09%
3Y Avg
-0.69%
5Y Avg
-2.26%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Deere & Company (DE) | $183.75B | 7.20% | 7.15% | 8.89% | 9.12% |
| ABB Ltd (ABBNY)vs › | $180.73B | 16.45% | 15.14% | 13.99% | 12.86% |
| Schneider Electric S.E. (SBGSY)vs › | $194.71B | 10.96% | 10.36% | 10.24% | 9.45% |
| Union Pacific Corporation (UNP)vs › | $171.36B | 11.65% | 11.62% | 11.69% | 11.48% |
| The Boeing Company (BA)vs › | $166.55B | -7.72% | -12.31% | -8.28% | -9.55% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $166.42B | 15.14% | 14.94% | 11.63% | 6.26% |
| Eaton Corporation plc (ETN)vs › | $163.91B | 9.09% | 13.05% | 11.55% | 10.10% |
| Safran S.A. (SAFRY)vs › | $159.17B | 12.41% | 17.58% | 13.72% | 9.91% |
| Siemens Energy AG (SMEGF)vs › | $145.22B | 14.46% | 9.09% | -0.69% | -2.26% |
| Siemens AG (SIEGY)vs › | $241.51B | 5.77% | 6.13% | 5.73% | 5.15% |
ROIC
7.2%
ROE
17.4%
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) |
|---|---|
| 2026-08-02 | 7.20% |
| 2026-05-03 | 7.08% |
| 2026-02-01 | 7.16% |
| 2025-11-02 | 7.15% |
| 2025-07-27 | 7.37% |
| 2025-04-27 | 7.96% |
| 2025-01-26 | 8.99% |
| 2024-10-27 | 9.50% |
| 2024-07-28 | 10.62% |
| 2024-04-28 | 11.97% |
| 2024-01-28 | 12.74% |
| 2023-07-30 | 12.40% |
| 2023-04-30 | 11.44% |
| 2023-01-29 | 10.55% |
| 2022-07-31 | 7.99% |
| 2022-05-01 | 7.85% |
| 2022-01-30 | 8.11% |
| 2021-10-31 | 8.12% |
| 2021-08-01 | 7.94% |
| 2021-05-02 | 6.94% |
| 2021-01-31 | 5.64% |
| 2020-10-31 | 4.69% |
| 2020-08-02 | 4.61% |
| 2020-05-03 | 4.89% |
| 2020-02-02 | 5.95% |
| 2019-10-31 | 5.77% |
| 2019-07-28 | 5.79% |
| 2019-04-28 | 5.74% |
| 2019-01-27 | 6.04% |
| 2018-10-31 | 4.15% |
| 2018-07-29 | 3.78% |
| 2018-04-29 | 3.39% |
| 2018-01-28 | 3.09% |
| 2017-10-31 | 3.48% |
| 2017-07-30 | 3.19% |
| 2017-04-30 | 3.14% |
| 2017-01-29 | 2.86% |
| 2016-10-31 | 2.98% |
| 2016-07-31 | 3.09% |
| 2016-04-30 | 3.16% |
| 2016-01-31 | 3.61% |
| 2015-10-31 | 3.72% |
| 2015-07-31 | 4.17% |
| 2015-04-30 | 4.70% |
| 2015-01-31 | 5.39% |
| 2014-10-31 | 5.67% |
| 2014-07-31 | 6.10% |
| 2014-04-30 | 6.55% |
| 2014-01-31 | 7.10% |
| 2013-10-31 | 6.91% |
| 2013-07-31 | 7.00% |
| 2013-04-30 | 6.60% |
| 2013-01-31 | 6.86% |
| 2012-10-31 | 6.48% |
| 2012-07-31 | 6.92% |
| 2012-04-30 | 6.97% |
| 2012-01-31 | 6.93% |
| 2011-10-31 | 6.97% |
| 2011-07-31 | 6.80% |
| 2011-04-30 | 6.61% |
| 2011-01-31 | 6.10% |
| 2010-10-31 | 5.31% |
| 2010-07-31 | 3.86% |
| 2010-04-30 | 3.41% |
| 2010-01-31 | 3.42% |
| 2009-10-31 | 3.35% |
| 2009-07-31 | 4.31% |
| 2009-04-30 | 4.66% |
| 2009-01-31 | 5.52% |
| 2008-10-31 | 6.39% |
| 2008-07-31 | 7.50% |
| 2008-04-30 | 7.87% |
| 2008-01-31 | 8.14% |
| 2007-10-31 | 7.85% |
| 2007-07-31 | 7.78% |
| 2007-04-30 | 7.44% |
| 2007-01-31 | 7.48% |
| 2006-10-31 | 7.05% |
| 2006-07-31 | 6.88% |
| 2006-04-30 | 6.65% |
| 2006-01-31 | 5.87% |
| 2005-10-31 | 5.71% |
| 2005-07-31 | 6.11% |
| 2005-04-30 | 6.38% |
| 2005-01-31 | 7.47% |
| 2004-10-31 | 7.40% |
| 2004-07-31 | 6.68% |
| 2004-04-30 | 6.15% |
| 2004-01-31 | 5.08% |
| 2003-10-31 | 4.58% |
| 2003-07-31 | 4.68% |
