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 18.42% is 26% below its 5-year average of 24.80%, near the low end of its 5-year range (14.86%–35.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.25% below its 12-month average of 19.86%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 18.42%.
RETURN ON INVESTED CAPITAL (ROIC)
18.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
19.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
22.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
24.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.07%
CURRENT VS TTM AVG
-7.25%
CURRENT VS 3Y AVG
-19.91%
CURRENT VS 5Y AVG
-25.73%
CURRENT VS 10Y AVG
+48.61%
CURRENT VS 15Y AVG
+172.09%
CURRENT VS 20Y AVG
+128.10%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+466.64%
vs the sector median at left
Euroseas Ltd.
Market Cap
$509.54M
Return on Invested Capital (ROIC)
18.42%
TTM Avg
19.86%
3Y Avg
22.99%
5Y Avg
24.80%
Market Cap
$508.04M
Return on Invested Capital (ROIC)
-6.00%
TTM Avg
-2.86%
3Y Avg
-0.64%
5Y Avg
0.11%
Market Cap
$500.91M
Return on Invested Capital (ROIC)
3.78%
TTM Avg
3.54%
3Y Avg
4.48%
5Y Avg
3.11%
Market Cap
$520.59M
Return on Invested Capital (ROIC)
-40.08%
TTM Avg
-49.33%
3Y Avg
-36.38%
5Y Avg
-62.21%
Market Cap
$492.00M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$490.73M
Return on Invested Capital (ROIC)
-1.07%
TTM Avg
1.52%
3Y Avg
3.08%
5Y Avg
3.35%
Market Cap
$482.60M
Return on Invested Capital (ROIC)
-8.57%
TTM Avg
-21.23%
3Y Avg
-5.64%
5Y Avg
-0.78%
Market Cap
$539.45M
Return on Invested Capital (ROIC)
-6.00%
TTM Avg
-2.86%
3Y Avg
-0.64%
5Y Avg
0.11%
Market Cap
$548.17M
Return on Invested Capital (ROIC)
12.79%
TTM Avg
17.29%
3Y Avg
16.51%
5Y Avg
16.51%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Euroseas Ltd. (ESEA) | $509.54M | 18.42% | 19.86% | 22.99% | 24.80% |
| Kelly Services, Inc. (KELYB)vs › | $508.04M | -6.00% | -2.86% | -0.64% | 0.11% |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $500.91M | 3.78% | 3.54% | 4.48% | 3.11% |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $520.59M | -40.08% | -49.33% | -36.38% | -62.21% |
| Accelevation Holdings Corp. (ACCV)vs › | $492.00M | N/A | N/A | N/A | N/A |
| Columbus McKinnon Corporation (CMCO)vs › | $490.73M | -1.07% | 1.52% | 3.08% | 3.35% |
| Forward Air Corporation (FWRD)vs › | $482.60M | -8.57% | -21.23% | -5.64% | -0.78% |
| Kelly Services, Inc. (KELYA)vs › | $539.45M | -6.00% | -2.86% | -0.64% | 0.11% |
| SBC Medical Group Holdings Incorporated (SBC)vs › | $548.17M | 12.79% | 17.29% | 16.51% | 16.51% |
| Pangaea Logistics Solutions, Ltd. (PANL)vs › | $550.14M | 7.54% | 5.11% | 8.25% | 8.48% |
ROIC
18.4%
ROE
26.2%
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 | 18.42% |
| 2026-03-31 | 19.06% |
| 2025-12-31 | 20.62% |
| 2025-09-30 | 20.45% |
| 2025-06-30 | 20.72% |
| 2025-03-31 | 22.54% |
| 2024-12-31 | 21.02% |
| 2024-09-30 | 21.41% |
| 2024-06-30 | 23.22% |
| 2024-03-31 | 25.17% |
| 2023-12-31 | 29.54% |
| 2023-09-30 | 28.94% |
| 2023-06-30 | 27.81% |
| 2023-03-31 | 31.40% |
| 2022-12-31 | 34.36% |
| 2022-09-30 | 35.56% |
| 2022-06-30 | 33.25% |
| 2022-03-31 | 30.00% |
| 2021-12-31 | 21.44% |
| 2021-09-30 | 20.92% |
| 2021-06-30 | 14.86% |
| 2021-03-31 | 9.85% |
| 2020-12-31 | 8.84% |
| 2020-09-30 | 7.21% |
| 2020-06-30 | 6.15% |
| 2020-03-31 | 3.84% |
| 2019-12-31 | 1.65% |
| 2019-09-30 | 2.48% |
| 2019-06-30 | 2.45% |
| 2019-03-31 | 6.56% |
| 2018-12-31 | 3.88% |
| 2018-09-30 | 8.87% |
| 2018-06-30 | -0.39% |
| 2018-03-31 | -2.15% |
| 2017-12-31 | -2.62% |
| 2017-09-30 | -13.00% |
| 2017-06-30 | -11.11% |
| 2017-03-31 | -14.15% |
| 2016-12-31 | -15.45% |
| 2016-09-30 | -8.75% |
| 2016-06-30 | -6.80% |
| 2016-03-31 | -5.16% |
| 2015-12-31 | -6.78% |
| 2015-09-30 | -7.88% |
| 2015-06-30 | -9.48% |
| 2015-03-31 | -9.90% |
| 2014-12-31 | -7.90% |
| 2014-09-30 | -47.97% |
| 2014-06-30 | -46.54% |
| 2014-03-31 | -49.09% |
| 2013-12-31 | -66.03% |
| 2013-09-30 | -6.58% |
| 2013-06-30 | -5.18% |
| 2013-03-31 | -2.07% |
| 2012-12-31 | -3.63% |
| 2012-09-30 | -2.52% |
| 2012-06-30 | -1.79% |
| 2012-03-31 | -1.16% |
| 2011-12-31 | 1.67% |
| 2011-09-30 | 0.06% |
| 2011-06-30 | -0.66% |
| 2011-03-31 | -0.71% |
| 2010-12-31 | -0.23% |
| 2010-09-30 | -1.32% |
| 2010-06-30 | -0.39% |
| 2010-03-31 | -0.23% |
| 2009-12-31 | 0.01% |
| 2009-09-30 | -3.50% |
| 2009-06-30 | 0.37% |
| 2009-03-31 | 4.47% |
| 2008-12-31 | 7.97% |
| 2008-09-30 | 16.42% |
| 2008-06-30 | 14.83% |
| 2008-03-31 | 12.81% |
| 2007-12-31 | 11.91% |
| 2007-09-30 | 13.86% |
| 2007-06-30 | 17.59% |
| 2007-03-31 | 18.23% |
| 2006-12-31 | 19.89% |
| 2006-09-30 | 23.00% |
| 2006-06-30 | 27.58% |
| 2006-03-31 | 29.77% |
| 2005-12-31 | 38.53% |
| 2005-09-30 | 32.53% |
| 2005-06-30 | 58.40% |
| 2004-12-31 | 63.84% |
