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 13.08% is 69% above its 5-year average of 7.73%, around the middle of its 5-year range (3.71%–21.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 47.85% above its 12-month average of 8.84%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 13.08%.
RETURN ON INVESTED CAPITAL (ROIC)
13.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.73%
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
+47.85%
CURRENT VS 3Y AVG
+39.11%
CURRENT VS 5Y AVG
+69.27%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.31%
median of 332 covered companies
CURRENT VS SECTOR MEDIAN
+146.27%
vs the sector median at left
Greenland Technologies Holding Corporation
Market Cap
$21.05M
Return on Invested Capital (ROIC)
13.08%
TTM Avg
8.84%
3Y Avg
9.40%
5Y Avg
7.73%
Market Cap
$21.13M
Return on Invested Capital (ROIC)
7.02%
TTM Avg
9.46%
3Y Avg
14.32%
5Y Avg
8.98%
Market Cap
$20.81M
Return on Invested Capital (ROIC)
-60.14%
TTM Avg
-54.30%
3Y Avg
-70.07%
5Y Avg
-73.75%
Market Cap
$19.03M
Return on Invested Capital (ROIC)
1.12%
TTM Avg
0.10%
3Y Avg
3.94%
5Y Avg
4.79%
Market Cap
$18.43M
Return on Invested Capital (ROIC)
-156.72%
TTM Avg
-71.03%
3Y Avg
-71.03%
5Y Avg
-64.57%
Market Cap
$17.32M
Return on Invested Capital (ROIC)
1.08%
TTM Avg
1.92%
3Y Avg
3.02%
5Y Avg
-1.90%
Market Cap
$25.39M
Return on Invested Capital (ROIC)
-17.10%
TTM Avg
-30.80%
3Y Avg
-84.18%
5Y Avg
-105.68%
Market Cap
$15.97M
Return on Invested Capital (ROIC)
14.92%
TTM Avg
14.92%
3Y Avg
14.92%
5Y Avg
14.92%
Market Cap
$15.75M
Return on Invested Capital (ROIC)
-12.23%
TTM Avg
-39.02%
3Y Avg
-28.30%
5Y Avg
-26.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenland Technologies Holding Corporation (GTEC) | $21.05M | 13.08% | 8.84% | 9.40% | 7.73% |
| Performance Shipping Inc. (PSHG)vs › | $21.13M | 7.02% | 9.46% | 14.32% | 8.98% |
| ClearSign Technologies Corporation (CLIR)vs › | $20.81M | -60.14% | -54.30% | -70.07% | -73.75% |
| Castor Maritime Inc. (CTRM)vs › | $19.03M | 1.12% | 0.10% | 3.94% | 4.79% |
| High-Trend International Group (HTCO)vs › | $18.43M | -156.72% | -71.03% | -71.03% | -64.57% |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $17.32M | 1.08% | 1.92% | 3.02% | -1.90% |
| BioHarvest Sciences Inc. (BHST)vs › | $25.39M | -17.10% | -30.80% | -84.18% | -105.68% |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $15.97M | 14.92% | 14.92% | 14.92% | 14.92% |
| Greenpro Capital Corp. (GRNQ)vs › | $15.75M | -12.23% | -39.02% | -28.30% | -26.08% |
| Knightscope, Inc. (KSCP)vs › | $14.40M | -105.20% | -118.04% | -158.28% | -160.87% |
ROIC
13.1%
ROE
14.3%
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 | 13.08% |
| 2026-03-31 | 6.16% |
| 2025-12-31 | 6.65% |
| 2025-09-30 | 10.52% |
| 2025-06-30 | 7.82% |
| 2025-03-31 | 21.18% |
| 2024-12-31 | 14.74% |
| 2024-09-30 | 11.83% |
| 2024-06-30 | 11.58% |
| 2024-03-31 | 10.25% |
| 2023-12-31 | 11.03% |
| 2023-09-30 | 4.55% |
| 2023-06-30 | 4.60% |
| 2023-03-31 | 3.71% |
| 2022-12-31 | 4.21% |
| 2022-09-30 | 4.86% |
| 2022-06-30 | 4.85% |
| 2022-03-31 | 5.42% |
| 2021-12-31 | 5.00% |
| 2021-09-30 | 6.62% |
| 2021-06-30 | 7.01% |
| 2021-03-31 | 6.42% |
| 2020-12-31 | 4.69% |
| 2020-09-30 | 4.23% |
| 2019-08-31 | -2.80% |
| 2019-05-31 | -2.12% |
| 2019-02-28 | -1.34% |
