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 -2.41% is 129% below its 5-year average of 8.21%, near the low end of its 5-year range (-2.41%–9.36%).
As of the fiscal period ended Saturday, July 4, 2026. 21.25% below its 12-month average of -1.99%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-04): -2.41%.
RETURN ON INVESTED CAPITAL (ROIC)
-2.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.86%
CURRENT VS TTM AVG
-21.25%
CURRENT VS 3Y AVG
-153.68%
CURRENT VS 5Y AVG
-129.31%
CURRENT VS 10Y AVG
-129.37%
CURRENT VS 15Y AVG
-125.33%
CURRENT VS 20Y AVG
-124.41%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-174.08%
vs the sector median at left
The Middleby Corporation
Market Cap
$4.79B
Return on Invested Capital (ROIC)
-2.41%
TTM Avg
-1.99%
3Y Avg
4.49%
5Y Avg
8.21%
Market Cap
$4.77B
Return on Invested Capital (ROIC)
3.68%
TTM Avg
3.40%
3Y Avg
3.71%
5Y Avg
3.71%
Market Cap
$4.73B
Return on Invested Capital (ROIC)
2.83%
TTM Avg
5.41%
3Y Avg
5.58%
5Y Avg
4.90%
Market Cap
$4.61B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
Market Cap
$4.97B
Return on Invested Capital (ROIC)
0.25%
TTM Avg
1.05%
3Y Avg
-2.25%
5Y Avg
-1.76%
Market Cap
$4.58B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
3.02%
3Y Avg
2.35%
5Y Avg
2.58%
Market Cap
$4.57B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
5.73%
3Y Avg
5.27%
5Y Avg
5.52%
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
$5.14B
Return on Invested Capital (ROIC)
1.72%
TTM Avg
1.94%
3Y Avg
3.17%
5Y Avg
3.99%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Middleby Corporation (MIDD) | $4.79B | -2.41% | -1.99% | 4.49% | 8.21% |
| EquipmentShare.com Inc. (EQPT)vs › | $4.77B | 3.68% | 3.40% | 3.71% | 3.71% |
| VSE Corporation (VSEC)vs › | $4.73B | 2.83% | 5.41% | 5.58% | 4.90% |
| Primoris Services Corporation (PRIM)vs › | $4.61B | 5.72% | 9.67% | 8.23% | 8.22% |
| Mercury Systems, Inc. (MRCY)vs › | $4.97B | 0.25% | 1.05% | -2.25% | -1.76% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 4.71% | 3.02% | 2.35% | 2.58% |
| UniFirst Corporation (UNF)vs › | $4.57B | 4.40% | 5.73% | 5.27% | 5.52% |
| MYR Group Inc. (MYRG)vs › | $5.05B | 18.21% | 9.12% | 10.21% | 10.99% |
| Casella Waste Systems, Inc. (CWST)vs › | $5.14B | 1.72% | 1.94% | 3.17% | 3.99% |
| Karman Holdings Inc. (KRMN)vs › | $4.41B | 5.13% | 6.12% | 5.79% | 5.79% |
ROIC
-2.4%
ROE
-21.3%
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) |
|---|---|
| 2026-07-04 | -2.41% |
| 2026-04-04 | -2.17% |
| 2026-01-03 | -1.79% |
| 2025-09-27 | -1.58% |
| 2025-06-28 | 7.46% |
| 2025-03-29 | 7.48% |
| 2024-12-31 | 7.49% |
| 2024-09-28 | 7.17% |
| 2024-06-29 | 7.48% |
| 2024-03-30 | 7.70% |
| 2023-12-31 | 8.03% |
| 2023-09-30 | 8.94% |
| 2023-07-01 | 8.71% |
| 2023-04-01 | 8.69% |
| 2022-12-31 | 8.34% |
| 2022-10-01 | 7.70% |
| 2022-07-02 | 8.87% |
| 2022-04-02 | 8.94% |
| 2021-12-31 | 9.04% |
| 2021-10-02 | 9.36% |
| 2021-07-03 | 7.53% |
| 2021-04-03 | 5.69% |
| 2020-12-31 | 5.54% |
| 2020-09-26 | 6.64% |
| 2020-06-27 | 6.53% |
| 2020-03-28 | 8.40% |
| 2019-12-31 | 8.87% |
| 2019-09-28 | 8.68% |
| 2019-06-29 | 8.41% |
| 2019-03-30 | 8.38% |
| 2018-12-31 | 8.36% |
| 2018-09-29 | 7.81% |
| 2018-06-30 | 7.67% |
| 2018-03-31 | 10.35% |
| 2017-12-31 | 11.11% |
| 2017-09-30 | 11.79% |
| 2017-07-01 | 12.12% |
| 2017-04-01 | 12.81% |
| 2016-12-31 | 12.36% |
| 2016-10-01 | 10.95% |
| 2016-07-02 | 9.62% |
| 2016-04-02 | 9.47% |
| 2015-12-31 | 9.03% |
| 2015-10-03 | 9.38% |
| 2015-07-04 | 12.02% |
| 2015-04-04 | 11.77% |
| 2014-12-31 | 11.84% |
| 2014-09-27 | 12.86% |
| 2014-06-28 | 11.51% |
| 2014-03-29 | 10.79% |
| 2013-12-31 | 11.04% |
| 2013-09-28 | 10.78% |
| 2013-06-29 | 9.88% |
| 2013-03-30 | 9.52% |
| 2012-12-31 | 12.97% |
| 2012-09-29 | 13.04% |
| 2012-06-30 | 12.57% |
| 2012-03-31 | 11.28% |
| 2011-12-31 | 11.08% |
| 2011-10-01 | 10.32% |
| 2011-07-02 | 10.04% |
| 2011-04-02 | 11.17% |
| 2010-12-31 | 11.28% |
| 2010-10-02 | 10.84% |
| 2010-07-03 | 10.41% |
| 2010-04-03 | 9.83% |
| 2009-12-31 | 10.09% |
| 2009-10-03 | 10.43% |
| 2009-07-04 | 10.52% |
| 2009-04-04 | 11.05% |
| 2008-12-31 | 14.12% |
| 2008-09-27 | 13.58% |
| 2008-06-28 | 12.67% |
| 2008-03-29 | 12.32% |
| 2007-12-31 | 19.24% |
| 2007-09-29 | 18.95% |
| 2007-06-30 | 21.30% |
| 2007-03-31 | 22.48% |
| 2006-12-31 | 23.85% |
| 2006-09-30 | 21.70% |
| 2006-07-01 | 20.74% |
| 2006-04-01 | 19.69% |
| 2005-12-31 | 19.76% |
| 2005-10-01 | 18.69% |
| 2005-07-02 | 18.25% |
| 2005-04-02 | 16.68% |
| 2004-12-31 | 18.13% |
| 2004-10-02 | 22.56% |
| 2004-07-03 | 18.90% |
| 2004-04-03 | 17.10% |
| 2003-12-31 | 15.60% |
| 2003-09-27 | 14.29% |
| 2003-06-28 | 13.15% |
