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 4.58% is 105% above its 5-year average of 2.24%, near the high end of its 5-year range (0.92%–4.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 65.35% above its 12-month average of 2.77%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.58%.
RETURN ON INVESTED CAPITAL (ROIC)
4.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
2.60%
CURRENT VS TTM AVG
+65.35%
CURRENT VS 3Y AVG
+165.83%
CURRENT VS 5Y AVG
+104.56%
CURRENT VS 10Y AVG
+102.31%
CURRENT VS 15Y AVG
+157.49%
CURRENT VS 20Y AVG
+76.11%
SECTOR MEDIAN · ENERGY
5.79%
median of 110 covered companies
CURRENT VS SECTOR MEDIAN
-21.02%
vs the sector median at left
Golar LNG Limited
Market Cap
$5.10B
Return on Invested Capital (ROIC)
4.58%
TTM Avg
2.77%
3Y Avg
1.72%
5Y Avg
2.24%
Market Cap
$5.18B
Return on Invested Capital (ROIC)
5.35%
TTM Avg
4.60%
3Y Avg
4.75%
5Y Avg
1.89%
Market Cap
$4.68B
Return on Invested Capital (ROIC)
17.61%
TTM Avg
8.68%
3Y Avg
16.84%
5Y Avg
16.28%
Market Cap
$4.45B
Return on Invested Capital (ROIC)
3.82%
TTM Avg
3.62%
3Y Avg
9.03%
5Y Avg
11.22%
Market Cap
$4.45B
Return on Invested Capital (ROIC)
15.18%
TTM Avg
13.23%
3Y Avg
9.46%
5Y Avg
2.19%
Market Cap
$5.77B
Return on Invested Capital (ROIC)
13.74%
TTM Avg
18.42%
3Y Avg
16.36%
5Y Avg
5.39%
Market Cap
$4.45B
Return on Invested Capital (ROIC)
-2.76%
TTM Avg
0.48%
3Y Avg
2.13%
5Y Avg
1.12%
Market Cap
$4.30B
Return on Invested Capital (ROIC)
-1.16%
TTM Avg
-9.17%
3Y Avg
-1.61%
5Y Avg
-9.87%
Market Cap
$3.96B
Return on Invested Capital (ROIC)
4.41%
TTM Avg
4.99%
3Y Avg
5.20%
5Y Avg
-0.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Golar LNG Limited (GLNG) | $5.10B | 4.58% | 2.77% | 1.72% | 2.24% |
| Plains GP Holdings LP (PAGP)vs › | $5.18B | 5.35% | 4.60% | 4.75% | 1.89% |
| California Resources Corp (CRC)vs › | $4.68B | 17.61% | 8.68% | 16.84% | 16.28% |
| Enphase Energy, Inc. (ENPH)vs › | $4.45B | 3.82% | 3.62% | 9.03% | 11.22% |
| Oceaneering International, Inc. (OII)vs › | $4.45B | 15.18% | 13.23% | 9.46% | 2.19% |
| Weatherford International plc (WFRD)vs › | $5.77B | 13.74% | 18.42% | 16.36% | 5.39% |
| Icahn Enterprises L.P. (IEP)vs › | $4.45B | -2.76% | 0.48% | 2.13% | 1.12% |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.30B | -1.16% | -9.17% | -1.61% | -9.87% |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 4.41% | 4.99% | 5.20% | -0.31% |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.96B | 12.93% | 12.42% | 16.04% | 11.07% |
ROIC
4.6%
ROE
8.4%
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 | 4.58% |
| 2026-03-31 | 3.74% |
| 2025-12-31 | 2.57% |
| 2025-09-30 | 1.91% |
| 2025-06-30 | 1.04% |
| 2025-03-31 | 0.92% |
| 2024-12-31 | 1.12% |
| 2024-09-30 | 1.66% |
| 2024-06-30 | 2.05% |
| 2024-03-31 | 2.16% |
| 2023-12-31 | 2.12% |
| 2023-09-30 | 1.55% |
| 2023-06-30 | 1.84% |
| 2023-03-31 | 2.04% |
| 2022-12-31 | 2.32% |
| 2022-09-30 | 2.65% |
| 2022-06-30 | 2.93% |
| 2022-03-31 | 3.15% |
| 2021-12-31 | 2.93% |
| 2021-09-30 | 3.20% |
| 2021-06-30 | 2.85% |
| 2021-03-31 | 3.43% |
| 2020-12-31 | 4.01% |
| 2020-09-30 | 4.24% |
| 2020-06-30 | 4.08% |
| 2020-03-31 | 3.23% |
| 2019-12-31 | 2.67% |
| 2019-09-30 | 2.80% |
| 2019-06-30 | 2.74% |
| 2019-03-31 | 2.05% |
| 2018-12-31 | 1.34% |
| 2018-09-30 | -0.37% |
| 2018-06-30 | -1.19% |
| 2018-03-31 | -1.45% |
| 2017-12-31 | -2.23% |
| 2017-09-30 | -2.80% |
| 2017-06-30 | -2.94% |
| 2017-03-31 | -3.31% |
| 2016-12-31 | -3.80% |
| 2016-09-30 | -3.99% |
| 2016-06-30 | -3.89% |
| 2016-03-31 | -3.79% |
| 2015-12-31 | -0.93% |
| 2015-09-30 | -0.19% |
| 2015-06-30 | 0.28% |
| 2015-03-31 | 1.08% |
| 2014-12-31 | -0.04% |
| 2014-09-30 | -0.34% |
| 2014-06-30 | -0.56% |
| 2014-03-31 | -0.31% |
| 2013-12-31 | 1.81% |
| 2013-09-30 | 4.92% |
| 2013-06-30 | 8.07% |
| 2013-03-31 | 10.53% |
| 2012-12-31 | 7.28% |
| 2012-09-30 | 7.87% |
| 2012-06-30 | 7.28% |
| 2012-03-31 | 5.62% |
| 2011-12-31 | 5.93% |
| 2011-09-30 | 4.95% |
| 2011-06-30 | 3.78% |
| 2011-03-31 | 3.53% |
| 2010-12-31 | 3.11% |
| 2010-09-30 | 2.26% |
| 2010-06-30 | 1.57% |
| 2010-03-31 | 1.48% |
| 2009-12-31 | 1.26% |
| 2009-09-30 | 4.40% |
| 2009-06-30 | 4.46% |
| 2009-03-31 | 5.07% |
| 2008-12-31 | 6.12% |
| 2008-09-30 | 2.70% |
| 2008-06-30 | 2.82% |
| 2008-03-31 | 3.24% |
| 2007-12-31 | 4.82% |
| 2007-09-30 | 5.49% |
| 2007-06-30 | 5.54% |
| 2007-03-31 | 5.72% |
| 2006-12-31 | 4.59% |
| 2006-09-30 | 3.75% |
| 2006-06-30 | 3.48% |
| 2006-03-31 | 3.25% |
| 2005-12-31 | 2.97% |
| 2005-09-30 | 3.09% |
| 2005-06-30 | 3.17% |
| 2005-03-31 | 3.46% |
| 2004-12-31 | 3.69% |
| 2004-09-30 | 3.57% |
| 2004-06-30 | 3.18% |
| 2004-03-31 | 3.56% |
| 2003-12-31 | 3.57% |
| 2003-09-30 | 3.71% |
