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 3.68% is 17% below its 1-year average of 4.46%, near the low end of its 1-year range (3.68%–5.23%).
As of the fiscal period ended Tuesday, June 30, 2026.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
Limited quarterly history available
ROIC needs at least three reported quarters before a meaningful chart is shown.
RETURN ON INVESTED CAPITAL (ROIC)
3.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+13.34%
vs the sector median at left
EquipmentShare.com Inc.
Market Cap
$4.77B
Return on Invested Capital (ROIC)
3.68%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.79B
Return on Invested Capital (ROIC)
-2.41%
TTM Avg
8.47%
3Y Avg
8.00%
5Y Avg
8.27%
Market Cap
$4.73B
Return on Invested Capital (ROIC)
2.83%
TTM Avg
5.41%
3Y Avg
5.58%
5Y Avg
4.90%
Market Cap
$4.61B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
Market Cap
$4.58B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
3.02%
3Y Avg
2.35%
5Y Avg
2.58%
Market Cap
$4.57B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
5.73%
3Y Avg
5.27%
5Y Avg
5.52%
Market Cap
$4.97B
Return on Invested Capital (ROIC)
0.25%
TTM Avg
1.05%
3Y Avg
-2.25%
5Y Avg
-1.76%
Market Cap
$5.05B
Return on Invested Capital (ROIC)
18.21%
TTM Avg
9.12%
3Y Avg
10.21%
5Y Avg
10.99%
Market Cap
$4.41B
Return on Invested Capital (ROIC)
5.13%
TTM Avg
6.12%
3Y Avg
5.79%
5Y Avg
5.79%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EquipmentShare.com Inc. (EQPT) | $4.77B | 3.68% | N/A | N/A | N/A |
| The Middleby Corporation (MIDD)vs › | $4.79B | -2.41% | 8.47% | 8.00% | 8.27% |
| VSE Corporation (VSEC)vs › | $4.73B | 2.83% | 5.41% | 5.58% | 4.90% |
| Primoris Services Corporation (PRIM)vs › | $4.61B | 5.72% | 9.67% | 8.23% | 8.22% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 4.71% | 3.02% | 2.35% | 2.58% |
| UniFirst Corporation (UNF)vs › | $4.57B | 4.40% | 5.73% | 5.27% | 5.52% |
| Mercury Systems, Inc. (MRCY)vs › | $4.97B | 0.25% | 1.05% | -2.25% | -1.76% |
| MYR Group Inc. (MYRG)vs › | $5.05B | 18.21% | 9.12% | 10.21% | 10.99% |
| Karman Holdings Inc. (KRMN)vs › | $4.41B | 5.13% | 6.12% | 5.79% | 5.79% |
| CECO Environmental Corp. (CECO)vs › | $4.41B | 0.34% | 5.60% | 5.40% | 4.37% |
ROIC
3.7%
ROE
3.9%
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 | 3.68% |
| 2026-03-31 | 5.23% |
