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 7.21% is 267% above its 2-year average of 1.96%, near the high end of its 2-year range (-5.94%–7.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 40.52% above its 12-month average of 5.13%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.21%.
RETURN ON INVESTED CAPITAL (ROIC)
7.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.13%
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
+40.52%
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
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-24.51%
vs the sector median at left
GE Vernova Inc.
Market Cap
$253.89B
Return on Invested Capital (ROIC)
7.21%
TTM Avg
5.13%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$261.76B
Return on Invested Capital (ROIC)
7.33%
TTM Avg
5.57%
3Y Avg
4.45%
5Y Avg
3.27%
Market Cap
$241.80B
Return on Invested Capital (ROIC)
5.77%
TTM Avg
6.13%
3Y Avg
5.73%
5Y Avg
5.15%
Market Cap
$191.16B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.24%
5Y Avg
9.45%
Market Cap
$186.59B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
7.16%
3Y Avg
9.76%
5Y Avg
9.33%
Market Cap
$182.11B
Return on Invested Capital (ROIC)
16.45%
TTM Avg
15.14%
3Y Avg
13.99%
5Y Avg
12.86%
Market Cap
$332.71B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
7.21%
3Y Avg
4.90%
5Y Avg
3.42%
Market Cap
$169.61B
Return on Invested Capital (ROIC)
9.09%
TTM Avg
13.05%
3Y Avg
11.55%
5Y Avg
10.10%
Market Cap
$167.75B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
14.94%
3Y Avg
11.63%
5Y Avg
6.26%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GE Vernova Inc. (GEV) | $253.89B | 7.21% | 5.13% | N/A | N/A |
| RTX Corporation (RTX)vs › | $261.76B | 7.33% | 5.57% | 4.45% | 3.27% |
| Siemens AG (SIEGY)vs › | $241.80B | 5.77% | 6.13% | 5.73% | 5.15% |
| Schneider Electric S.E. (SBGSY)vs › | $191.16B | 10.96% | 10.36% | 10.24% | 9.45% |
| Deere & Company (DE)vs › | $186.59B | 7.20% | 7.16% | 9.76% | 9.33% |
| ABB Ltd (ABBNY)vs › | $182.11B | 16.45% | 15.14% | 13.99% | 12.86% |
| GE Aerospace (GE)vs › | $332.71B | 10.22% | 7.21% | 4.90% | 3.42% |
| Eaton Corporation plc (ETN)vs › | $169.61B | 9.09% | 13.05% | 11.55% | 10.10% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $167.75B | 15.14% | 14.94% | 11.63% | 6.26% |
| Union Pacific Corporation (UNP)vs › | $160.18B | 11.65% | 11.62% | 11.69% | 11.48% |
ROIC
7.2%
ROE
79.7%
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 | 7.21% |
| 2026-03-31 | 5.53% |
| 2025-12-31 | 6.45% |
| 2025-09-30 | 4.41% |
| 2025-06-30 | 2.07% |
| 2025-03-31 | 2.92% |
| 2024-12-31 | 1.47% |
| 2024-09-30 | -0.08% |
| 2024-06-30 | 0.08% |
| 2024-03-31 | -2.52% |
| 2023-12-31 | -5.94% |
