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 8.64% is in line with its 5-year average of 9.48%, around the middle of its 5-year range (6.42%–11.28%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.67% below its 12-month average of 9.46%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 8.64%.
RETURN ON INVESTED CAPITAL (ROIC)
8.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.93%
CURRENT VS TTM AVG
-8.67%
CURRENT VS 3Y AVG
-12.20%
CURRENT VS 5Y AVG
-8.83%
CURRENT VS 10Y AVG
-1.44%
CURRENT VS 15Y AVG
-13.11%
CURRENT VS 20Y AVG
-3.19%
SECTOR MEDIAN · BASIC MATERIALS
4.18%
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
+106.79%
vs the sector median at left
Innospec Inc.
Market Cap
$2.43B
Return on Invested Capital (ROIC)
8.64%
TTM Avg
9.46%
3Y Avg
9.84%
5Y Avg
9.48%
Market Cap
$2.51B
Return on Invested Capital (ROIC)
11.37%
TTM Avg
5.03%
3Y Avg
3.62%
5Y Avg
3.54%
Market Cap
$2.57B
Return on Invested Capital (ROIC)
11.37%
TTM Avg
2.11%
3Y Avg
2.25%
5Y Avg
2.22%
Market Cap
$2.58B
Return on Invested Capital (ROIC)
-36.47%
TTM Avg
-30.80%
3Y Avg
-35.56%
5Y Avg
-34.80%
Market Cap
$2.74B
Return on Invested Capital (ROIC)
22.75%
TTM Avg
22.77%
3Y Avg
21.03%
5Y Avg
20.92%
Market Cap
$2.76B
Return on Invested Capital (ROIC)
9.53%
TTM Avg
11.39%
3Y Avg
12.11%
5Y Avg
11.89%
Market Cap
$2.05B
Return on Invested Capital (ROIC)
-0.28%
TTM Avg
8.39%
3Y Avg
7.69%
5Y Avg
7.19%
Market Cap
$1.82B
Return on Invested Capital (ROIC)
-4.24%
TTM Avg
-16.89%
3Y Avg
-19.35%
5Y Avg
-11.99%
Market Cap
$1.78B
Return on Invested Capital (ROIC)
-34.31%
TTM Avg
-25.02%
3Y Avg
-24.07%
5Y Avg
-35.59%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innospec Inc. (IOSP) | $2.43B | 8.64% | 9.46% | 9.84% | 9.48% |
| Kaiser Aluminum Corporation (KALU)vs › | $2.51B | 11.37% | 5.03% | 3.62% | 3.54% |
| Endeavour Silver Corp. (EXK)vs › | $2.57B | 11.37% | 2.11% | 2.25% | 2.22% |
| Perpetua Resources Corp. (PPTA)vs › | $2.58B | -36.47% | -30.80% | -35.56% | -34.80% |
| WD-40 Company (WDFC)vs › | $2.74B | 22.75% | 22.77% | 21.03% | 20.92% |
| Hawkins, Inc. (HWKN)vs › | $2.76B | 9.53% | 11.39% | 12.11% | 11.89% |
| Minerals Technologies Inc. (MTX)vs › | $2.05B | -0.28% | 8.39% | 7.69% | 7.19% |
| USA Rare Earth Inc (USAR)vs › | $1.82B | -4.24% | -16.89% | -19.35% | -11.99% |
| Hycroft Mining Holding Corporation (HYMC)vs › | $1.78B | -34.31% | -25.02% | -24.07% | -35.59% |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.21B | 16.98% | 18.90% | 16.60% | 14.82% |
ROIC
8.6%
ROE
9.0%
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 | 8.64% |
| 2026-03-31 | 8.34% |
| 2025-12-31 | 8.89% |
| 2025-09-30 | 10.32% |
| 2025-06-30 | 11.13% |
| 2025-03-31 | 10.68% |
| 2024-12-31 | 11.28% |
| 2024-09-30 | 9.68% |
| 2024-06-30 | 10.13% |
| 2024-03-31 | 9.98% |
| 2023-12-31 | 9.65% |
| 2023-09-30 | 9.34% |
| 2023-06-30 | 9.92% |
| 2023-03-31 | 10.59% |
| 2022-12-31 | 11.27% |
| 2022-09-30 | 10.45% |
| 2022-06-30 | 9.36% |
| 2022-03-31 | 8.15% |
| 2021-12-31 | 7.41% |
| 2021-09-30 | 7.47% |
| 2021-06-30 | 6.42% |
| 2021-03-31 | 1.32% |
| 2020-12-31 | 2.13% |
| 2020-09-30 | 2.98% |
| 2020-06-30 | 4.74% |
| 2020-03-31 | 9.73% |
| 2019-12-31 | 9.60% |
| 2019-09-30 | 8.47% |
| 2019-06-30 | 7.75% |
| 2019-03-31 | 7.34% |
| 2018-12-31 | 7.20% |
| 2018-09-30 | 5.80% |
| 2018-06-30 | 5.77% |
| 2018-03-31 | 6.08% |
| 2017-12-31 | 6.13% |
| 2017-09-30 | 8.64% |
| 2017-06-30 | 8.13% |
| 2017-03-31 | 8.19% |
| 2016-12-31 | 8.24% |
| 2016-09-30 | 10.08% |
| 2016-06-30 | 12.29% |
| 2016-03-31 | 14.52% |
| 2015-12-31 | 14.89% |
| 2015-09-30 | 14.55% |
| 2015-06-30 | 13.10% |
| 2015-03-31 | 11.00% |
| 2014-12-31 | 10.97% |
| 2014-09-30 | 12.50% |
| 2014-06-30 | 11.41% |
| 2014-03-31 | 11.36% |
| 2013-12-31 | 11.79% |
| 2013-09-30 | 11.38% |
| 2013-06-30 | 13.48% |
| 2013-03-31 | 13.92% |
| 2012-12-31 | 16.15% |
| 2012-09-30 | 16.76% |
| 2012-06-30 | 11.40% |
| 2012-03-31 | 11.56% |
| 2011-12-31 | 10.78% |
| 2011-09-30 | 9.06% |
| 2011-06-30 | 18.37% |
| 2011-03-31 | 22.27% |
| 2010-12-31 | 17.85% |
| 2010-09-30 | 11.47% |
| 2010-06-30 | 4.82% |
| 2010-03-31 | 1.88% |
| 2009-12-31 | 3.05% |
| 2009-09-30 | 6.80% |
| 2009-06-30 | 9.69% |
| 2009-03-31 | 9.21% |
| 2008-12-31 | 7.64% |
| 2008-09-30 | 5.74% |
| 2008-06-30 | 6.42% |
| 2008-03-31 | 7.78% |
| 2007-12-31 | 7.21% |
| 2007-09-30 | 4.97% |
| 2007-06-30 | 5.92% |
| 2007-03-31 | 5.65% |
| 2006-12-31 | 3.98% |
| 2006-09-30 | 2.95% |
| 2006-06-30 | 2.03% |
| 2006-03-31 | -16.69% |
| 2005-12-31 | -17.79% |
| 2005-09-30 | -17.63% |
| 2005-06-30 | -14.66% |
| 2005-03-31 | 2.37% |
| 2004-12-31 | 3.44% |
| 2004-09-30 | 6.05% |
| 2004-06-30 | 7.90% |
| 2004-03-31 | 9.88% |
| 2003-12-31 | 10.86% |
| 2003-09-30 | 8.85% |
| 2003-06-30 | 8.78% |