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 11.93% is 20% above its 5-year average of 9.96%, near the high end of its 5-year range (3.51%–12.06%).
As of the fiscal period ended Saturday, August 1, 2026. 2.78% above its 12-month average of 11.60%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2027 (2026-08-01): 11.93%.
RETURN ON INVESTED CAPITAL (ROIC)
11.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.95%
CURRENT VS TTM AVG
+2.78%
CURRENT VS 3Y AVG
+5.93%
CURRENT VS 5Y AVG
+19.72%
CURRENT VS 10Y AVG
+46.82%
CURRENT VS 15Y AVG
+57.52%
CURRENT VS 20Y AVG
+71.57%
SECTOR MEDIAN · INDUSTRIALS
9.04%
median of 164 covered companies
CURRENT VS SECTOR MEDIAN
+31.93%
vs the sector median at left
Dycom Industries, Inc.
Market Cap
$8.22B
Return on Invested Capital (ROIC)
11.93%
TTM Avg
11.60%
3Y Avg
11.26%
5Y Avg
9.96%
Market Cap
$8.10B
Return on Invested Capital (ROIC)
15.99%
TTM Avg
18.77%
3Y Avg
14.79%
5Y Avg
14.49%
Market Cap
$8.08B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$8.03B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
10.48%
3Y Avg
14.32%
5Y Avg
13.46%
Market Cap
$8.47B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$8.51B
Return on Invested Capital (ROIC)
6.64%
TTM Avg
7.82%
3Y Avg
8.50%
5Y Avg
8.52%
Market Cap
$7.86B
Return on Invested Capital (ROIC)
18.44%
TTM Avg
23.57%
3Y Avg
24.93%
5Y Avg
22.50%
Market Cap
$7.67B
Return on Invested Capital (ROIC)
N/A
TTM Avg
11.82%
3Y Avg
9.11%
5Y Avg
8.12%
Market Cap
$7.27B
Return on Invested Capital (ROIC)
12.36%
TTM Avg
13.01%
3Y Avg
14.71%
5Y Avg
14.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dycom Industries, Inc. (DY) | $8.22B | 11.93% | 11.60% | 11.26% | 9.96% |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.10B | 15.99% | 18.77% | 14.79% | 14.49% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.08B | 0.49% | 0.96% | 0.74% | 1.04% |
| AGCO Corporation (AGCO)vs › | $8.03B | 6.52% | 10.48% | 14.32% | 13.46% |
| Pentair plc (PNR)vs › | $8.47B | 11.73% | 12.52% | 11.98% | 12.38% |
| The Timken Company (TKR)vs › | $8.51B | 6.64% | 7.82% | 8.50% | 8.52% |
| A. O. Smith Corporation (AOS)vs › | $7.86B | 18.44% | 23.57% | 24.93% | 22.50% |
| Aecom (ACM)vs › | $7.67B | N/A | 11.82% | 9.11% | 8.12% |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $7.27B | 12.36% | 13.01% | 14.71% | 14.23% |
| Valmont Industries, Inc. (VMI)vs › | $9.24B | 19.68% | 17.06% | 12.91% | 11.95% |
ROIC
11.9%
ROE
16.0%
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 | 11.93% |
| 2026-05-02 | 11.76% |
| 2026-01-31 | 10.67% |
| 2025-10-25 | 12.06% |
| 2025-07-26 | 10.95% |
| 2025-04-26 | 10.40% |
| 2025-01-25 | 10.90% |
| 2024-10-26 | 9.96% |
| 2024-07-27 | 11.52% |
| 2024-04-27 | 11.88% |
| 2024-01-27 | 11.94% |
| 2023-10-28 | 11.12% |
| 2023-07-29 | 11.02% |
| 2023-04-29 | 10.51% |
| 2023-01-28 | 8.93% |
| 2022-10-29 | 7.62% |
| 2022-07-30 | 6.53% |
| 2022-04-30 | 5.29% |
| 2022-01-29 | 4.28% |
| 2021-10-30 | 3.51% |
| 2021-07-31 | 3.32% |
| 2021-05-01 | 4.13% |
| 2021-01-30 | 4.47% |
| 2020-10-24 | 3.95% |
| 2020-07-25 | 3.64% |
| 2020-04-25 | 2.59% |
| 2020-01-25 | 4.48% |
| 2019-10-26 | 4.09% |
| 2019-07-27 | 4.25% |
| 2019-04-27 | 4.41% |
| 2019-01-26 | 4.58% |
| 2018-10-27 | 7.24% |
| 2018-07-28 | 7.99% |
| 2018-04-28 | 9.04% |
| 2018-01-27 | 10.56% |
| 2017-10-28 | 9.27% |
| 2017-07-29 | 10.77% |
| 2017-04-29 | 11.26% |
| 2017-01-28 | 11.43% |
| 2016-10-29 | 10.68% |
| 2016-07-30 | 10.95% |
| 2016-04-23 | 10.12% |
| 2016-01-23 | 9.57% |
| 2015-10-24 | 9.18% |
| 2015-07-25 | 8.45% |
| 2015-04-25 | 7.27% |
| 2015-01-24 | 6.17% |
| 2014-10-25 | 4.86% |
| 2014-07-26 | 4.82% |
| 2014-04-26 | 5.07% |
| 2014-01-25 | 5.26% |
| 2013-10-26 | 5.30% |
| 2013-07-27 | 4.84% |
| 2013-04-27 | 4.59% |
| 2013-01-26 | 4.41% |
| 2012-10-27 | 6.05% |
| 2012-07-28 | 6.07% |
| 2012-04-28 | 6.14% |
| 2012-01-28 | 5.53% |
| 2011-10-29 | 4.71% |
| 2011-07-30 | 3.88% |
| 2011-04-30 | 2.72% |
| 2011-01-29 | 2.18% |
| 2010-10-30 | 2.25% |
| 2010-07-31 | 1.59% |
| 2010-04-24 | 2.03% |
| 2010-01-23 | 3.06% |
| 2009-10-24 | 6.28% |
| 2009-07-25 | 8.19% |
| 2009-04-25 | 8.61% |
| 2009-01-24 | 8.66% |
| 2008-10-25 | 4.35% |
| 2008-07-26 | 5.17% |
| 2008-04-26 | 5.69% |
| 2008-01-26 | 6.21% |
| 2007-10-27 | 7.29% |
| 2007-07-28 | 6.81% |
| 2007-04-28 | 6.18% |
| 2007-01-27 | 5.45% |
| 2006-10-28 | 5.21% |
| 2006-07-29 | 5.56% |
| 2006-04-29 | 5.70% |
| 2006-01-28 | 5.89% |
| 2005-10-29 | 6.16% |
| 2005-07-30 | 7.07% |
| 2005-04-30 | 8.40% |
| 2005-01-29 | 8.39% |
| 2004-10-30 | 9.03% |
| 2004-07-31 | 8.91% |
| 2004-04-24 | 8.18% |
| 2004-01-24 | 5.87% |
| 2003-10-25 | 5.12% |
| 2003-07-26 | 3.16% |