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 8.06% is in line with its 5-year average of 7.40%, near the high end of its 5-year range (6.19%–8.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.23% below its 12-month average of 8.16%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 8.06%.
RETURN ON INVESTED CAPITAL (ROIC)
8.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.21%
CURRENT VS TTM AVG
-1.23%
CURRENT VS 3Y AVG
+3.78%
CURRENT VS 5Y AVG
+8.94%
CURRENT VS 10Y AVG
+7.72%
CURRENT VS 15Y AVG
+14.92%
CURRENT VS 20Y AVG
+11.75%
SECTOR MEDIAN · INDUSTRIALS
3.88%
median of 402 covered companies
CURRENT VS SECTOR MEDIAN
+107.40%
vs the sector median at left
McGrath RentCorp
Market Cap
$2.91B
Return on Invested Capital (ROIC)
8.06%
TTM Avg
8.16%
3Y Avg
7.76%
5Y Avg
7.40%
Market Cap
$2.89B
Return on Invested Capital (ROIC)
1.27%
TTM Avg
7.00%
3Y Avg
9.45%
5Y Avg
9.67%
Market Cap
$2.85B
Return on Invested Capital (ROIC)
11.34%
TTM Avg
11.53%
3Y Avg
9.15%
5Y Avg
9.95%
Market Cap
$3.01B
Return on Invested Capital (ROIC)
9.38%
TTM Avg
9.96%
3Y Avg
10.00%
5Y Avg
6.78%
Market Cap
$2.64B
Return on Invested Capital (ROIC)
-30.72%
TTM Avg
-50.51%
3Y Avg
-36.76%
5Y Avg
-34.08%
Market Cap
$3.20B
Return on Invested Capital (ROIC)
6.21%
TTM Avg
15.11%
3Y Avg
26.38%
5Y Avg
25.84%
Market Cap
$2.64B
Return on Invested Capital (ROIC)
20.64%
TTM Avg
8.83%
3Y Avg
2.50%
5Y Avg
-2.45%
Market Cap
$3.21B
Return on Invested Capital (ROIC)
3.42%
TTM Avg
1.11%
3Y Avg
2.58%
5Y Avg
2.08%
Market Cap
$2.60B
Return on Invested Capital (ROIC)
-12.22%
TTM Avg
-23.39%
3Y Avg
-36.10%
5Y Avg
-30.67%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McGrath RentCorp (MGRC) | $2.91B | 8.06% | 8.16% | 7.76% | 7.40% |
| ArcBest Corp (ARCB)vs › | $2.89B | 1.27% | 7.00% | 9.45% | 9.67% |
| Maximus, Inc. (MMS)vs › | $2.85B | 11.34% | 11.53% | 9.15% | 9.95% |
| DXP Enterprises, Inc. (DXPE)vs › | $3.01B | 9.38% | 9.96% | 10.00% | 6.78% |
| Plug Power Inc. (PLUG)vs › | $2.64B | -30.72% | -50.51% | -36.76% | -34.08% |
| Atkore Inc. (ATKR)vs › | $3.20B | 6.21% | 15.11% | 26.38% | 25.84% |
| Astronics Corporation (ATRO)vs › | $2.64B | 20.64% | 8.83% | 2.50% | -2.45% |
| First Advantage Corporation (FA)vs › | $3.21B | 3.42% | 1.11% | 2.58% | 2.08% |
| Redwire Corp (RDW)vs › | $2.60B | -12.22% | -23.39% | -36.10% | -30.67% |
| Huron Consulting Group Inc. (HURN)vs › | $2.55B | 11.19% | 12.86% | 10.63% | 7.29% |
ROIC
8.1%
ROE
12.3%
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 | 8.06% |
| 2026-03-31 | 8.42% |
| 2025-12-31 | 8.21% |
| 2025-09-30 | 7.86% |
| 2025-06-30 | 8.25% |
| 2025-03-31 | 8.38% |
| 2024-12-31 | 8.09% |
| 2024-09-30 | 7.98% |
| 2024-06-30 | 7.53% |
| 2024-03-31 | 7.44% |
| 2023-12-31 | 6.71% |
| 2023-09-30 | 7.45% |
| 2023-06-30 | 6.56% |
| 2023-03-31 | 6.19% |
| 2022-12-31 | 7.40% |
| 2022-09-30 | 6.94% |
| 2022-06-30 | 6.72% |
| 2022-03-31 | 6.70% |
| 2021-12-31 | 6.57% |
| 2021-09-30 | 6.75% |
| 2021-06-30 | 7.12% |
| 2021-03-31 | 9.06% |
| 2020-12-31 | 9.15% |
| 2020-09-30 | 8.82% |
| 2020-06-30 | 9.20% |
| 2020-03-31 | 8.90% |
| 2019-12-31 | 8.65% |
| 2019-09-30 | 8.64% |
| 2019-06-30 | 8.17% |
| 2019-03-31 | 8.11% |
| 2018-12-31 | 7.83% |
| 2018-09-30 | 9.83% |
| 2018-06-30 | 9.49% |
| 2018-03-31 | 9.49% |
| 2017-12-31 | 8.85% |
| 2017-09-30 | 4.89% |
| 2017-06-30 | 4.55% |
| 2017-03-31 | 4.39% |
| 2016-12-31 | 4.26% |
| 2016-09-30 | 4.44% |
| 2016-06-30 | 4.65% |
| 2016-03-31 | 4.57% |
| 2015-12-31 | 4.49% |
| 2015-09-30 | 4.71% |
| 2015-06-30 | 4.77% |
| 2015-03-31 | 4.95% |
| 2014-12-31 | 5.01% |
| 2014-09-30 | 4.96% |
| 2014-06-23 | 4.94% |
| 2014-03-31 | 5.06% |
| 2013-12-31 | 5.22% |
| 2013-09-30 | 5.36% |
| 2013-06-30 | 5.46% |
| 2013-03-31 | 5.62% |
| 2012-12-31 | 5.64% |
| 2012-09-30 | 7.70% |
| 2012-06-30 | 8.29% |
| 2012-03-31 | 8.67% |
| 2011-12-31 | 8.62% |
| 2011-09-30 | 8.76% |
| 2011-06-30 | 8.20% |
| 2011-03-31 | 7.63% |
| 2010-12-31 | 7.19% |
| 2010-09-30 | 6.60% |
| 2010-06-30 | 6.75% |
| 2010-03-31 | 7.06% |
| 2009-12-31 | 5.25% |
| 2009-09-30 | 7.39% |
| 2009-06-30 | 7.85% |
| 2009-03-31 | 8.13% |
| 2008-12-31 | 8.51% |
| 2008-09-30 | 8.35% |
| 2008-06-30 | 21.43% |
| 2008-03-31 | 8.76% |
| 2007-12-31 | 8.19% |
| 2007-09-30 | 8.80% |
| 2007-06-30 | 9.21% |
| 2007-03-31 | 9.48% |
| 2006-12-31 | 9.55% |
| 2006-09-30 | 14.64% |
| 2006-06-30 | 14.98% |
| 2006-03-31 | 15.26% |
| 2005-12-31 | 23.18% |
| 2005-09-30 | -94.02% |
| 2005-06-30 | -98.74% |
| 2005-03-31 | -105.81% |
| 2004-12-31 | -44.46% |
| 2004-09-30 | 19.46% |
| 2004-06-30 | 11.47% |
| 2004-03-31 | 10.93% |
| 2003-12-31 | 8.95% |
| 2003-09-30 | 11.64% |
| 2003-06-30 | 13.41% |
