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 7.37% is 10% below its 5-year average of 8.19%, around the middle of its 5-year range (-3.96%–27.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 740.91% above its 12-month average of 0.88%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.37%.
RETURN ON INVESTED CAPITAL (ROIC)
7.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
0.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
0.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+740.91%
CURRENT VS 3Y AVG
+649.00%
CURRENT VS 5Y AVG
-10.01%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.28%
median of 336 covered companies
CURRENT VS SECTOR MEDIAN
+39.65%
vs the sector median at left
EuroDry Ltd.
Market Cap
$174.01M
Return on Invested Capital (ROIC)
7.37%
TTM Avg
0.88%
3Y Avg
0.98%
5Y Avg
8.19%
Market Cap
$181.38M
Return on Invested Capital (ROIC)
-24.39%
TTM Avg
-159.21%
3Y Avg
-694.94%
5Y Avg
-473.61%
Market Cap
$150.83M
Return on Invested Capital (ROIC)
2.18%
TTM Avg
4.26%
3Y Avg
6.19%
5Y Avg
6.35%
Market Cap
$150.63M
Return on Invested Capital (ROIC)
-14.65%
TTM Avg
-110.19%
3Y Avg
-110.19%
5Y Avg
-110.19%
Market Cap
$198.59M
Return on Invested Capital (ROIC)
2.41%
TTM Avg
1.60%
3Y Avg
-0.95%
5Y Avg
-0.54%
Market Cap
$144.03M
Return on Invested Capital (ROIC)
-2.21%
TTM Avg
-4.29%
3Y Avg
-0.74%
5Y Avg
-0.71%
Market Cap
$205.50M
Return on Invested Capital (ROIC)
-2.85%
TTM Avg
-2.40%
3Y Avg
-2.50%
5Y Avg
-11.09%
Market Cap
$207.12M
Return on Invested Capital (ROIC)
9.26%
TTM Avg
8.21%
3Y Avg
8.09%
5Y Avg
6.00%
Market Cap
$132.11M
Return on Invested Capital (ROIC)
7.05%
TTM Avg
5.14%
3Y Avg
5.14%
5Y Avg
5.14%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EuroDry Ltd. (EDRY) | $174.01M | 7.37% | 0.88% | 0.98% | 8.19% |
| Draganfly Inc. (DPRO)vs › | $181.38M | -24.39% | -159.21% | -694.94% | -473.61% |
| The Eastern Company (EML)vs › | $150.83M | 2.18% | 4.26% | 6.19% | 6.35% |
| Factorial Energy Inc. (FAC)vs › | $150.63M | -14.65% | -110.19% | -110.19% | -110.19% |
| Ampco-Pittsburgh Corp. (AP)vs › | $198.59M | 2.41% | 1.60% | -0.95% | -0.54% |
| Hurco Companies, Inc. (HURC)vs › | $144.03M | -2.21% | -4.29% | -0.74% | -0.71% |
| AIRO Group Holdings, Inc. Common Stock (AIRO)vs › | $205.50M | -2.85% | -2.40% | -2.50% | -11.09% |
| Energy Services of America Corporation (ESOA)vs › | $207.12M | 9.26% | 8.21% | 8.09% | 6.00% |
| Capstone Energy+, Inc. (CEPL)vs › | $132.11M | 7.05% | 5.14% | 5.14% | 5.14% |
| Forrester Research, Inc. (FORR)vs › | $217.03M | -2.26% | 0.56% | 2.28% | 3.37% |
ROIC
7.4%
ROE
9.3%
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 | 7.37% |
| 2026-03-31 | 2.52% |
| 2025-12-31 | 0.44% |
| 2025-09-30 | -2.00% |
| 2025-06-30 | -3.96% |
| 2025-03-31 | -2.47% |
| 2024-12-31 | -1.57% |
| 2024-09-30 | 0.76% |
| 2024-06-30 | 2.35% |
| 2024-03-31 | 0.49% |
| 2023-12-31 | 0.49% |
| 2023-09-30 | 2.88% |
| 2023-06-30 | 5.48% |
| 2023-03-31 | 13.19% |
| 2022-12-31 | 17.48% |
| 2022-09-30 | 21.30% |
| 2022-06-30 | 27.97% |
| 2022-03-31 | 27.99% |
| 2021-12-31 | 24.68% |
| 2021-09-30 | 16.08% |
| 2021-06-30 | 10.58% |
| 2021-03-31 | 1.57% |
| 2020-12-31 | -2.69% |
| 2020-09-30 | -0.86% |
| 2020-06-30 | -1.21% |
| 2020-03-31 | 1.30% |
| 2019-12-31 | 2.65% |
| 2019-09-30 | 2.65% |
| 2019-06-30 | 3.81% |
| 2019-03-31 | 4.64% |
| 2018-12-31 | 3.58% |
| 2018-09-30 | 3.55% |
| 2018-06-30 | 2.40% |
| 2017-12-31 | 3.04% |
