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 11.94% is 49% below its 5-year average of 23.45%, near the low end of its 5-year range (11.88%–39.68%).
As of the fiscal period ended Saturday, June 27, 2026. 6.06% below its 12-month average of 12.71%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-27): 11.94%.
RETURN ON INVESTED CAPITAL (ROIC)
11.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
23.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
23.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
21.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
22.50%
CURRENT VS TTM AVG
-6.06%
CURRENT VS 3Y AVG
-30.22%
CURRENT VS 5Y AVG
-49.06%
CURRENT VS 10Y AVG
-48.38%
CURRENT VS 15Y AVG
-45.58%
CURRENT VS 20Y AVG
-46.92%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+267.51%
vs the sector median at left
Landstar System, Inc.
Market Cap
$5.74B
Return on Invested Capital (ROIC)
11.94%
TTM Avg
12.71%
3Y Avg
17.12%
5Y Avg
23.45%
Market Cap
$5.77B
Return on Invested Capital (ROIC)
14.64%
TTM Avg
16.56%
3Y Avg
19.89%
5Y Avg
22.25%
Market Cap
$5.95B
Return on Invested Capital (ROIC)
-3.27%
TTM Avg
-8.33%
3Y Avg
-9.99%
5Y Avg
-16.19%
Market Cap
$5.31B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
6.78%
3Y Avg
5.45%
5Y Avg
5.53%
Market Cap
$5.29B
Return on Invested Capital (ROIC)
10.80%
TTM Avg
7.11%
3Y Avg
5.29%
5Y Avg
1.86%
Market Cap
$6.18B
Return on Invested Capital (ROIC)
-9.52%
TTM Avg
-18.84%
3Y Avg
-23.89%
5Y Avg
-23.90%
Market Cap
$5.14B
Return on Invested Capital (ROIC)
1.72%
TTM Avg
1.94%
3Y Avg
3.17%
5Y Avg
3.99%
Market Cap
$5.05B
Return on Invested Capital (ROIC)
18.21%
TTM Avg
9.12%
3Y Avg
10.21%
5Y Avg
10.99%
Market Cap
$4.97B
Return on Invested Capital (ROIC)
0.25%
TTM Avg
1.05%
3Y Avg
-2.25%
5Y Avg
-1.76%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Landstar System, Inc. (LSTR) | $5.74B | 11.94% | 12.71% | 17.12% | 23.45% |
| Pool Corporation (POOL)vs › | $5.77B | 14.64% | 16.56% | 19.89% | 22.25% |
| Xometry, Inc. (XMTR)vs › | $5.95B | -3.27% | -8.33% | -9.99% | -16.19% |
| Construction Partners, Inc. (ROAD)vs › | $5.31B | 7.64% | 6.78% | 5.45% | 5.53% |
| Granite Construction Incorporated (GVA)vs › | $5.29B | 10.80% | 7.11% | 5.29% | 1.86% |
| Planet Labs PBC (PL)vs › | $6.18B | -9.52% | -18.84% | -23.89% | -23.90% |
| Casella Waste Systems, Inc. (CWST)vs › | $5.14B | 1.72% | 1.94% | 3.17% | 3.99% |
| MYR Group Inc. (MYRG)vs › | $5.05B | 18.21% | 9.12% | 10.21% | 10.99% |
| Mercury Systems, Inc. (MRCY)vs › | $4.97B | 0.25% | 1.05% | -2.25% | -1.76% |
| The Middleby Corporation (MIDD)vs › | $4.79B | -2.41% | 8.47% | 8.00% | 8.27% |
ROIC
11.9%
ROE
15.7%
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) |
|---|---|
| 2026-06-27 | 11.94% |
| 2026-03-28 | 12.55% |
| 2025-12-27 | 11.88% |
| 2025-09-27 | 12.56% |
| 2025-06-28 | 14.64% |
| 2025-03-29 | 15.10% |
| 2024-12-28 | 15.97% |
| 2024-09-28 | 16.70% |
| 2024-06-29 | 17.77% |
| 2024-03-30 | 19.01% |
| 2023-12-31 | 22.00% |
| 2023-09-30 | 24.25% |
| 2023-07-01 | 28.16% |
| 2023-04-01 | 33.16% |
| 2022-12-31 | 36.66% |
| 2022-09-24 | 39.68% |
| 2022-06-25 | 39.26% |
| 2022-03-26 | 35.21% |
| 2021-12-31 | 33.38% |
| 2021-09-25 | 29.10% |
| 2021-06-26 | 28.43% |
| 2021-03-27 | 23.47% |
| 2020-12-31 | 20.37% |
| 2020-09-26 | 20.09% |
| 2020-06-27 | 20.52% |
| 2020-03-28 | 25.73% |
| 2019-12-31 | 23.67% |
| 2019-09-28 | 26.39% |
| 2019-06-29 | 28.70% |
| 2019-03-30 | 28.68% |
| 2018-12-31 | 27.32% |
| 2018-09-29 | 26.57% |
| 2018-06-30 | 25.94% |
| 2018-03-31 | 22.12% |
| 2017-12-31 | 20.19% |
| 2017-09-30 | 17.31% |
| 2017-07-01 | 17.47% |
| 2017-04-01 | 17.67% |
| 2016-12-31 | 17.52% |
| 2016-09-24 | 18.37% |
| 2016-06-25 | 20.68% |
| 2016-03-26 | 22.35% |
| 2015-12-31 | 22.28% |
| 2015-09-26 | 23.29% |
| 2015-06-27 | 23.28% |
| 2015-03-28 | 21.82% |
| 2014-12-31 | 21.07% |
| 2014-09-27 | 18.95% |
| 2014-06-28 | 19.24% |
| 2014-03-29 | 18.29% |
| 2013-12-31 | 17.72% |
| 2013-09-28 | 19.09% |
| 2013-06-29 | 20.93% |
| 2013-03-30 | 22.23% |
| 2012-12-31 | 23.18% |
| 2012-09-29 | 22.37% |
| 2012-06-30 | 22.62% |
| 2012-03-31 | 22.86% |
| 2011-12-31 | 22.08% |
| 2011-09-24 | 22.18% |
| 2011-06-25 | 20.75% |
| 2011-03-26 | 20.29% |
| 2010-12-31 | 20.78% |
| 2010-09-25 | 18.19% |
| 2010-06-26 | 17.85% |
| 2010-03-27 | 17.08% |
| 2009-12-31 | 17.49% |
| 2009-09-26 | 19.13% |
| 2009-06-27 | 22.18% |
| 2009-03-28 | 24.12% |
| 2008-12-31 | 25.57% |
| 2008-09-27 | 25.54% |
| 2008-06-28 | 25.99% |
| 2008-03-29 | 27.96% |
| 2007-12-31 | 26.56% |
| 2007-09-29 | 28.90% |
| 2007-06-30 | 29.70% |
| 2007-03-31 | 29.14% |
| 2006-12-31 | 26.61% |
| 2006-09-30 | 28.97% |
| 2006-07-01 | 31.79% |
| 2006-04-01 | 30.32% |
| 2005-12-31 | 24.32% |
| 2005-09-24 | 29.58% |
| 2005-06-25 | 27.26% |
| 2005-03-26 | 24.18% |
| 2004-12-31 | 19.57% |
| 2004-09-25 | 19.24% |
| 2004-06-26 | 18.72% |
| 2004-03-27 | 18.80% |
| 2003-12-31 | 17.86% |
| 2003-09-27 | 21.15% |
| 2003-06-28 | 20.91% |
