Basis: Latest reported fiscal year. 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 5.14% is in line with its 4-year average of 5.34%, near the low end of its 4-year range (4.94%–5.64%).
As of the fiscal period ended Friday, January 2, 2026. 2.00% below its 12-month average of 5.24%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.05%
CURRENT VS TTM AVG
-2.00%
CURRENT VS 3Y AVG
-0.06%
CURRENT VS 5Y AVG
-3.75%
CURRENT VS 10Y AVG
-8.45%
CURRENT VS 15Y AVG
-30.48%
CURRENT VS 20Y AVG
-43.19%
SECTOR MEDIAN · INDUSTRIALS
9.03%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-43.08%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$55.58B
Return on Invested Capital (ROIC)
5.14%
TTM Avg
5.24%
3Y Avg
5.14%
5Y Avg
5.34%
Market Cap
$54.75B
Return on Invested Capital (ROIC)
33.59%
TTM Avg
30.38%
3Y Avg
24.94%
5Y Avg
20.63%
Market Cap
$54.66B
Return on Invested Capital (ROIC)
28.17%
TTM Avg
27.85%
3Y Avg
28.02%
5Y Avg
26.95%
Market Cap
$54.39B
Return on Invested Capital (ROIC)
10.99%
TTM Avg
11.06%
3Y Avg
10.83%
5Y Avg
10.33%
Market Cap
$57.59B
Return on Invested Capital (ROIC)
8.30%
TTM Avg
8.46%
3Y Avg
7.73%
5Y Avg
2.74%
Market Cap
$51.10B
Return on Invested Capital (ROIC)
13.71%
TTM Avg
13.05%
3Y Avg
14.13%
5Y Avg
13.66%
Market Cap
$50.51B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
4.52%
3Y Avg
5.71%
5Y Avg
7.16%
Market Cap
$50.34B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
7.77%
3Y Avg
6.65%
5Y Avg
5.74%
Market Cap
$49.11B
Return on Invested Capital (ROIC)
11.05%
TTM Avg
10.48%
3Y Avg
9.84%
5Y Avg
10.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $55.58B | 5.14% | 5.24% | 5.14% | 5.34% |
| Comfort Systems USA, Inc. (FIX)vs › | $54.75B | 33.59% | 30.38% | 24.94% | 20.63% |
| Fastenal Company (FAST)vs › | $54.66B | 28.17% | 27.85% | 28.02% | 26.95% |
| AMETEK, Inc. (AME)vs › | $54.39B | 10.99% | 11.06% | 10.83% | 10.33% |
| Delta Air Lines, Inc. (DAL)vs › | $57.59B | 8.30% | 8.46% | 7.73% | 2.74% |
| Rockwell Automation, Inc. (ROK)vs › | $51.10B | 13.71% | 13.05% | 14.13% | 13.66% |
| Carrier Global Corporation (CARR)vs › | $50.51B | 5.41% | 4.52% | 5.71% | 7.16% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $50.34B | 7.64% | 7.77% | 6.65% | 5.74% |
| HEICO Corporation (HEI-A)vs › | $49.11B | 11.05% | 10.48% | 9.84% | 10.04% |
| Bloom Energy Corporation (BE)vs › | $46.75B | 1.89% | 1.48% | -6.32% | -6.80% |
ROIC
5.1%
ROE
8.8%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-01-02 | 5.14% |
| 2025-01-03 | 5.35% |
| 2023-12-29 | 4.94% |
| 2022-12-30 | 5.63% |
| 2021-12-31 | 5.64% |
| 2021-01-01 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-06-30 | 10.86% |
| 2018-06-30 | 10.04% |
| 2017-06-30 | 7.17% |
| 2016-06-30 | 6.99% |
| 2015-06-30 | 4.16% |
| 2014-06-30 | 15.48% |
| 2013-06-30 | 15.19% |
| 2012-06-30 | 14.31% |
| 2010-12-31 | 14.21% |
| 2010-06-30 | 16.90% |
| 2009-06-30 | 14.76% |
| 2008-06-30 | 13.15% |
| 2007-06-30 | 11.03% |
| 2005-12-30 | 11.17% |
| 2005-06-30 | 11.63% |
| 2004-06-30 | 8.63% |
| 2003-06-30 | 4.15% |
| 2002-06-30 | 4.55% |
| 2001-06-30 | 3.19% |
| 2000-06-30 | 1.01% |
| 1999-06-30 | 2.09% |
| 1998-06-30 | 1.45% |
| 1997-06-30 | 2.16% |