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 9.55% is 27% below its 5-year average of 13.10%, near the low end of its 5-year range (9.55%–16.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 28.28% below its 12-month average of 13.32%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
9.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
13.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
12.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.15%
CURRENT VS TTM AVG
-28.28%
CURRENT VS 3Y AVG
-34.74%
CURRENT VS 5Y AVG
-27.06%
CURRENT VS 10Y AVG
-18.39%
CURRENT VS 15Y AVG
-20.71%
CURRENT VS 20Y AVG
-21.35%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-0.02%
vs the sector median at left
Hubbell Incorporated
Market Cap
$24.04B
Return on Invested Capital (ROIC)
9.55%
TTM Avg
13.32%
3Y Avg
14.64%
5Y Avg
13.10%
Market Cap
$24.63B
Return on Invested Capital (ROIC)
34.54%
TTM Avg
28.21%
3Y Avg
29.84%
5Y Avg
29.70%
Market Cap
$23.09B
Return on Invested Capital (ROIC)
14.70%
TTM Avg
16.98%
3Y Avg
19.04%
5Y Avg
19.79%
Market Cap
$25.13B
Return on Invested Capital (ROIC)
6.91%
TTM Avg
6.12%
3Y Avg
6.13%
5Y Avg
5.99%
Market Cap
$25.15B
Return on Invested Capital (ROIC)
11.14%
TTM Avg
8.86%
3Y Avg
10.88%
5Y Avg
11.43%
Market Cap
$25.64B
Return on Invested Capital (ROIC)
10.66%
TTM Avg
6.55%
3Y Avg
6.97%
5Y Avg
6.06%
Market Cap
$25.78B
Return on Invested Capital (ROIC)
9.56%
TTM Avg
9.19%
3Y Avg
10.32%
5Y Avg
10.70%
Market Cap
$26.38B
Return on Invested Capital (ROIC)
40.31%
TTM Avg
37.16%
3Y Avg
39.67%
5Y Avg
34.68%
Market Cap
$21.57B
Return on Invested Capital (ROIC)
9.10%
TTM Avg
8.09%
3Y Avg
6.79%
5Y Avg
5.41%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hubbell Incorporated (HUBB) | $24.04B | 9.55% | 13.32% | 14.64% | 13.10% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.63B | 34.54% | 28.21% | 29.84% | 29.70% |
| Veralto Corporation (VLTO)vs › | $23.09B | 14.70% | 16.98% | 19.04% | 19.79% |
| Xylem Inc. (XYL)vs › | $25.13B | 6.91% | 6.12% | 6.13% | 5.99% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.15B | 11.14% | 8.86% | 10.88% | 11.43% |
| nVent Electric plc (NVT)vs › | $25.64B | 10.66% | 6.55% | 6.97% | 6.06% |
| Dover Corporation (DOV)vs › | $25.78B | 9.56% | 9.19% | 10.32% | 10.70% |
| Otis Worldwide Corporation (OTIS)vs › | $26.38B | 40.31% | 37.16% | 39.67% | 34.68% |
| XPO Logistics, Inc. (XPO)vs › | $21.57B | 9.10% | 8.09% | 6.79% | 5.41% |
| MTU Aero Engines AG (MTUAY)vs › | $21.49B | 12.01% | 10.54% | 4.76% | 4.12% |
ROIC
9.6%
ROE
23.0%
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 | 9.55% |
| 2026-03-31 | 13.81% |
| 2025-12-31 | 13.80% |
| 2025-09-30 | 14.48% |
| 2025-06-30 | 14.96% |
| 2025-03-31 | 15.13% |
| 2024-12-31 | 15.58% |
| 2024-09-30 | 14.37% |
| 2024-06-30 | 13.99% |
| 2024-03-31 | 13.68% |
| 2023-12-31 | 14.17% |
| 2023-09-30 | 16.16% |
| 2023-06-30 | 15.55% |
| 2023-03-31 | 14.45% |
| 2022-12-31 | 12.92% |
| 2022-09-30 | 11.93% |
| 2022-06-30 | 10.95% |
| 2022-03-31 | 10.31% |
| 2021-12-31 | 9.68% |
| 2021-09-30 | 9.63% |
| 2021-06-30 | 9.96% |
| 2021-03-31 | 9.19% |
| 2020-12-31 | 9.75% |
| 2020-09-30 | 10.43% |
| 2020-06-30 | 10.12% |
| 2020-03-31 | 11.03% |
| 2019-12-31 | 11.32% |
| 2019-09-30 | 10.98% |
| 2019-06-30 | 10.94% |
| 2019-03-31 | 10.68% |
| 2018-12-31 | 10.68% |
| 2018-09-30 | 8.35% |
| 2018-06-30 | 7.58% |
| 2018-03-31 | 6.84% |
| 2017-12-31 | 9.42% |
| 2017-09-30 | 11.04% |
| 2017-06-30 | 11.09% |
| 2017-03-31 | 11.54% |
| 2016-12-31 | 11.25% |
| 2016-09-30 | 11.50% |
| 2016-06-30 | 11.18% |
| 2016-03-31 | 11.24% |
| 2015-12-31 | 12.05% |
| 2015-09-30 | 11.62% |
| 2015-06-30 | 12.06% |
| 2015-03-31 | 12.69% |
| 2014-12-31 | 12.34% |
| 2014-09-30 | 12.20% |
| 2014-06-30 | 12.62% |
| 2014-03-31 | 12.73% |
| 2013-12-31 | 12.99% |
| 2013-09-30 | 12.89% |
| 2013-06-30 | 12.80% |
| 2013-03-31 | 12.81% |
| 2012-12-31 | 12.91% |
| 2012-09-30 | 12.89% |
| 2012-06-30 | 13.03% |
| 2012-03-31 | 12.76% |
| 2011-12-31 | 12.46% |
| 2011-09-30 | 12.45% |
| 2011-06-30 | 11.89% |
| 2011-03-31 | 11.69% |
| 2010-12-31 | 11.10% |
| 2010-09-30 | 11.33% |
| 2010-06-30 | 10.73% |
| 2010-03-31 | 10.07% |
| 2009-12-31 | 9.98% |
| 2009-09-30 | 11.00% |
| 2009-06-30 | 11.86% |
| 2009-03-31 | 13.42% |
| 2008-12-31 | 14.34% |
| 2008-09-30 | 13.48% |
| 2008-06-30 | 13.54% |
| 2008-03-31 | 13.81% |
| 2007-12-31 | 14.82% |
| 2007-09-30 | 13.77% |
| 2007-06-30 | 12.84% |
| 2007-03-31 | 11.66% |
| 2006-12-31 | 12.01% |
| 2006-09-30 | 13.78% |
| 2006-06-30 | 13.92% |
| 2006-03-31 | 13.85% |
| 2005-12-31 | 12.99% |
| 2005-09-30 | 12.52% |
| 2005-06-30 | 12.29% |
| 2005-03-31 | 11.86% |
| 2004-12-31 | 12.51% |
| 2004-09-30 | 11.98% |
| 2004-06-30 | 11.77% |
| 2004-03-31 | 11.31% |
| 2003-12-31 | 10.50% |
| 2003-09-30 | 10.03% |
| 2003-06-30 | 9.96% |
