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 11.97% is in line with its 5-year average of 12.90%, near the low end of its 5-year range (11.13%–14.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.81% below its 12-month average of 12.19%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 11.97%.
RETURN ON INVESTED CAPITAL (ROIC)
11.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.80%
CURRENT VS TTM AVG
-1.81%
CURRENT VS 3Y AVG
-8.44%
CURRENT VS 5Y AVG
-7.20%
CURRENT VS 10Y AVG
+6.86%
CURRENT VS 15Y AVG
+14.34%
CURRENT VS 20Y AVG
+22.22%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+268.36%
vs the sector median at left
Franklin Electric Co., Inc.
Market Cap
$4.39B
Return on Invested Capital (ROIC)
11.97%
TTM Avg
12.19%
3Y Avg
13.08%
5Y Avg
12.90%
Market Cap
$4.39B
Return on Invested Capital (ROIC)
5.13%
TTM Avg
6.12%
3Y Avg
5.79%
5Y Avg
5.79%
Market Cap
$4.41B
Return on Invested Capital (ROIC)
0.34%
TTM Avg
5.60%
3Y Avg
5.40%
5Y Avg
4.37%
Market Cap
$4.35B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
9.25%
3Y Avg
9.88%
5Y Avg
7.64%
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
$4.59B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
5.73%
3Y Avg
5.27%
5Y Avg
5.52%
Market Cap
$4.60B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
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
$4.77B
Return on Invested Capital (ROIC)
3.68%
TTM Avg
3.40%
3Y Avg
3.71%
5Y Avg
3.71%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Franklin Electric Co., Inc. (FELE) | $4.39B | 11.97% | 12.19% | 13.08% | 12.90% |
| Karman Holdings Inc. (KRMN)vs › | $4.39B | 5.13% | 6.12% | 5.79% | 5.79% |
| CECO Environmental Corp. (CECO)vs › | $4.41B | 0.34% | 5.60% | 5.40% | 4.37% |
| KBR, Inc. (KBR)vs › | $4.35B | 10.22% | 9.25% | 9.88% | 7.64% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 4.71% | 3.02% | 2.35% | 2.58% |
| UniFirst Corporation (UNF)vs › | $4.59B | 4.40% | 5.73% | 5.27% | 5.52% |
| Primoris Services Corporation (PRIM)vs › | $4.60B | 5.72% | 9.67% | 8.23% | 8.22% |
| VSE Corporation (VSEC)vs › | $4.73B | 2.83% | 5.41% | 5.58% | 4.90% |
| EquipmentShare.com Inc. (EQPT)vs › | $4.77B | 3.68% | 3.40% | 3.71% | 3.71% |
| TORM plc (TRMD)vs › | $4.00B | 18.35% | 15.14% | 19.78% | 14.39% |
ROIC
12.0%
ROE
11.1%
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 | 11.97% |
| 2026-03-31 | 12.55% |
| 2025-12-31 | 12.76% |
| 2025-09-30 | 12.16% |
| 2025-06-30 | 11.53% |
| 2025-03-31 | 11.76% |
| 2024-12-31 | 12.68% |
| 2024-09-30 | 13.18% |
| 2024-06-30 | 13.69% |
| 2024-03-31 | 13.99% |
| 2023-12-31 | 14.52% |
| 2023-09-30 | 14.96% |
| 2023-06-30 | 14.25% |
| 2023-03-31 | 14.36% |
| 2022-12-31 | 14.42% |
| 2022-09-30 | 13.66% |
| 2022-06-30 | 12.34% |
| 2022-03-31 | 11.36% |
| 2021-12-31 | 11.96% |
| 2021-09-30 | 11.68% |
| 2021-06-30 | 11.13% |
| 2021-03-31 | 11.51% |
| 2020-12-31 | 9.86% |
| 2020-09-30 | 9.99% |
| 2020-06-30 | 9.74% |
| 2020-03-31 | 10.43% |
| 2019-12-31 | 10.04% |
| 2019-09-30 | 9.79% |
| 2019-06-30 | 9.41% |
| 2019-03-31 | 9.38% |
| 2018-12-31 | 11.14% |
| 2018-09-30 | 9.44% |
| 2018-06-30 | 8.52% |
| 2018-03-31 | 7.83% |
| 2017-12-31 | 7.75% |
| 2017-09-30 | 8.92% |
| 2017-06-30 | 8.63% |
| 2017-03-31 | 9.25% |
| 2016-12-31 | 9.22% |
| 2016-10-01 | 8.91% |
| 2016-07-02 | 8.67% |
| 2016-04-02 | 7.91% |
| 2015-12-31 | 8.72% |
| 2015-10-03 | 7.15% |
| 2015-07-04 | 7.26% |
| 2015-04-04 | 8.25% |
| 2014-12-31 | 8.70% |
| 2014-09-27 | 9.11% |
| 2014-06-28 | 8.93% |
| 2014-03-29 | 9.87% |
| 2013-12-31 | 9.99% |
| 2013-09-28 | 10.03% |
| 2013-06-29 | 9.95% |
| 2013-03-30 | 9.63% |
| 2012-12-31 | 9.77% |
| 2012-09-29 | 9.39% |
| 2012-06-30 | 9.33% |
| 2012-03-31 | 8.89% |
| 2011-12-31 | 9.49% |
| 2011-10-01 | 9.01% |
| 2011-07-02 | 7.94% |
| 2011-04-02 | 6.90% |
| 2010-12-31 | 6.89% |
| 2010-10-02 | 7.16% |
| 2010-07-03 | 6.99% |
| 2010-04-03 | 6.09% |
| 2009-12-31 | 5.19% |
| 2009-10-03 | 4.49% |
| 2009-07-04 | 5.73% |
| 2009-04-04 | 7.10% |
| 2008-12-31 | 8.23% |
| 2008-09-27 | 8.05% |
| 2008-06-30 | 6.99% |
| 2008-03-29 | 5.76% |
| 2007-12-31 | 5.49% |
| 2007-09-29 | 6.96% |
| 2007-06-30 | 7.87% |
| 2007-03-31 | 10.55% |
| 2006-12-31 | 12.89% |
| 2006-09-30 | 12.89% |
| 2006-07-01 | 12.53% |
| 2006-04-01 | 14.87% |
| 2005-12-31 | 14.38% |
| 2005-10-01 | 14.29% |
| 2005-07-02 | 14.83% |
| 2005-04-02 | 13.79% |
| 2004-12-31 | 13.76% |
| 2004-10-02 | 14.59% |
| 2004-07-03 | 15.11% |
| 2004-04-03 | 15.15% |
| 2003-12-31 | 14.65% |
| 2003-09-27 | 15.70% |
| 2003-06-28 | 14.85% |
