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 12.30% is in line with its 5-year average of 11.39%, around the middle of its 5-year range (5.86%–16.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.04% below its 12-month average of 14.14%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 12.30%.
RETURN ON INVESTED CAPITAL (ROIC)
12.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-13.04%
CURRENT VS 3Y AVG
-12.96%
CURRENT VS 5Y AVG
+7.98%
CURRENT VS 10Y AVG
+38.81%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
8.91%
median of 60 covered companies
CURRENT VS SECTOR MEDIAN
+37.94%
vs the sector median at left
Limbach Holdings, Inc.
Market Cap
$585.33M
Return on Invested Capital (ROIC)
12.30%
TTM Avg
14.14%
3Y Avg
14.13%
5Y Avg
11.39%
Market Cap
$574.21M
Return on Invested Capital (ROIC)
4.92%
TTM Avg
6.59%
3Y Avg
10.26%
5Y Avg
10.25%
Market Cap
$569.36M
Return on Invested Capital (ROIC)
-1.95%
TTM Avg
-2.53%
3Y Avg
-91.46%
5Y Avg
-179.31%
Market Cap
$878.26M
Return on Invested Capital (ROIC)
-22.76%
TTM Avg
-45.10%
3Y Avg
-51.52%
5Y Avg
-62.49%
Market Cap
$944.62M
Return on Invested Capital (ROIC)
12.29%
TTM Avg
6.91%
3Y Avg
4.54%
5Y Avg
1.50%
Market Cap
$2.06B
Return on Invested Capital (ROIC)
-0.28%
TTM Avg
8.39%
3Y Avg
7.69%
5Y Avg
7.19%
Market Cap
$2.55B
Return on Invested Capital (ROIC)
11.37%
TTM Avg
2.11%
3Y Avg
2.25%
5Y Avg
2.22%
Market Cap
$2.72B
Return on Invested Capital (ROIC)
22.75%
TTM Avg
22.77%
3Y Avg
21.03%
5Y Avg
20.92%
Market Cap
$3.18B
Return on Invested Capital (ROIC)
16.98%
TTM Avg
18.90%
3Y Avg
16.60%
5Y Avg
14.82%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Limbach Holdings, Inc. (LMB) | $585.33M | 12.30% | 14.14% | 14.13% | 11.39% |
| Janus International Group, Inc. (JBI)vs › | $574.21M | 4.92% | 6.59% | 10.26% | 10.25% |
| Lithium Americas Corp. (LAC)vs › | $569.36M | -1.95% | -2.53% | -91.46% | -179.31% |
| Lightwave Logic, Inc. (LWLG)vs › | $878.26M | -22.76% | -45.10% | -51.52% | -62.49% |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $944.62M | 12.29% | 6.91% | 4.54% | 1.50% |
| Minerals Technologies Inc. (MTX)vs › | $2.06B | -0.28% | 8.39% | 7.69% | 7.19% |
| Endeavour Silver Corp. (EXK)vs › | $2.55B | 11.37% | 2.11% | 2.25% | 2.22% |
| WD-40 Company (WDFC)vs › | $2.72B | 22.75% | 22.77% | 21.03% | 20.92% |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.18B | 16.98% | 18.90% | 16.60% | 14.82% |
| Aris Mining Corporation (ARIS)vs › | $3.61B | 13.10% | 6.05% | 5.91% | 8.76% |
ROIC
12.3%
ROE
14.9%
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 | 12.30% |
| 2026-03-31 | 12.91% |
| 2025-12-31 | 16.15% |
| 2025-09-30 | 13.82% |
| 2025-06-30 | 15.53% |
| 2025-03-31 | 16.09% |
| 2024-12-31 | 14.84% |
| 2024-09-30 | 13.58% |
| 2024-06-30 | 14.34% |
| 2024-03-31 | 14.87% |
| 2023-12-31 | 13.58% |
| 2023-09-30 | 13.62% |
| 2023-06-30 | 12.05% |
| 2023-03-31 | 8.70% |
| 2022-12-31 | 5.86% |
| 2022-09-30 | 6.08% |
| 2022-06-30 | 6.91% |
| 2022-03-31 | 6.17% |
| 2021-12-31 | 6.71% |
| 2021-09-30 | 6.42% |
| 2021-06-30 | 8.62% |
| 2021-03-31 | 10.17% |
| 2020-12-31 | 12.30% |
| 2020-09-30 | 11.47% |
| 2020-06-30 | 10.72% |
| 2020-03-31 | 5.19% |
| 2019-12-31 | 7.39% |
| 2019-09-30 | 11.08% |
| 2019-06-30 | 3.58% |
| 2019-03-31 | 6.00% |
| 2018-12-31 | 1.43% |
| 2018-09-30 | 1.47% |
| 2018-06-30 | 3.49% |
| 2018-03-31 | 3.21% |
| 2017-12-31 | 3.61% |
| 2017-09-30 | 0.18% |
| 2017-06-30 | -146.68% |
| 2017-03-31 | -135.60% |
| 2016-12-31 | -142.74% |
| 2016-09-30 | -126.13% |
| 2016-06-30 | -2.67% |
| 2016-03-31 | -1.49% |
| 2015-12-31 | -0.80% |
| 2015-09-30 | -1.17% |
| 2015-06-30 | -0.91% |
| 2015-03-31 | -0.74% |
