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 7.31% is 24% below its 5-year average of 9.60%, near the low end of its 5-year range (6.32%–13.11%).
As of the fiscal period ended Tuesday, June 30, 2026. 27.55% below its 12-month average of 10.09%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.31%.
RETURN ON INVESTED CAPITAL (ROIC)
7.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.25%
CURRENT VS TTM AVG
-27.55%
CURRENT VS 3Y AVG
-25.87%
CURRENT VS 5Y AVG
-23.89%
CURRENT VS 10Y AVG
-10.16%
CURRENT VS 15Y AVG
-4.16%
CURRENT VS 20Y AVG
+0.80%
SECTOR MEDIAN · ENERGY
5.87%
median of 111 covered companies
CURRENT VS SECTOR MEDIAN
+24.53%
vs the sector median at left
Martin Midstream Partners L.P.
Market Cap
$76.68M
Return on Invested Capital (ROIC)
7.31%
TTM Avg
10.09%
3Y Avg
9.86%
5Y Avg
9.60%
Market Cap
$75.86M
Return on Invested Capital (ROIC)
-19.65%
TTM Avg
-29.82%
3Y Avg
-29.82%
5Y Avg
-29.82%
Market Cap
$78.14M
Return on Invested Capital (ROIC)
-3.39%
TTM Avg
6.98%
3Y Avg
16.08%
5Y Avg
16.49%
Market Cap
$82.29M
Return on Invested Capital (ROIC)
13.87%
TTM Avg
-13.20%
3Y Avg
-26.04%
5Y Avg
-27.09%
Market Cap
$84.69M
Return on Invested Capital (ROIC)
3.27%
TTM Avg
5.55%
3Y Avg
13.65%
5Y Avg
8.73%
Market Cap
$66.42M
Return on Invested Capital (ROIC)
-5.19%
TTM Avg
-52.20%
3Y Avg
-28.52%
5Y Avg
-29.43%
Market Cap
$63.64M
Return on Invested Capital (ROIC)
-28.94%
TTM Avg
-17.92%
3Y Avg
-18.41%
5Y Avg
-28.60%
Market Cap
$60.67M
Return on Invested Capital (ROIC)
-42.38%
TTM Avg
-1.75%
3Y Avg
-3.53%
5Y Avg
-5.95%
Market Cap
$99.30M
Return on Invested Capital (ROIC)
-10.33%
TTM Avg
0.34%
3Y Avg
-0.53%
5Y Avg
-3.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Martin Midstream Partners L.P. (MMLP) | $76.68M | 7.31% | 10.09% | 9.86% | 9.60% |
| Big Sky Industrial Inc. (BSIN)vs › | $75.86M | -19.65% | -29.82% | -29.82% | -29.82% |
| Leishen Energy Holding Co., Ltd. (LSE)vs › | $78.14M | -3.39% | 6.98% | 16.08% | 16.49% |
| Dawson Geophysical Company (DWSN)vs › | $82.29M | 13.87% | -13.20% | -26.04% | -27.09% |
| Drilling Tools International Corp. (DTI)vs › | $84.69M | 3.27% | 5.55% | 13.65% | 8.73% |
| Tigo Energy, Inc. (TYGO)vs › | $66.42M | -5.19% | -52.20% | -28.52% | -29.43% |
| Anfield Energy Inc. Common Shares (AEC)vs › | $63.64M | -28.94% | -17.92% | -18.41% | -28.60% |
| Geospace Technologies Corporation (GEOS)vs › | $60.67M | -42.38% | -1.75% | -3.53% | -5.95% |
| Stabilis Solutions, Inc. (SLNG)vs › | $99.30M | -10.33% | 0.34% | -0.53% | -3.31% |
| SunPower Inc. (SPWR)vs › | $50.89M | -55.52% | -63.16% | -45.85% | -27.67% |
ROIC
7.3%
ROE
N/A
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 | 7.31% |
| 2026-03-31 | 9.32% |
| 2025-12-31 | 12.04% |
| 2025-09-30 | 9.83% |
| 2025-06-30 | 11.95% |
| 2025-03-31 | 12.31% |
| 2024-12-31 | 12.94% |
| 2024-09-30 | 8.06% |
| 2024-06-30 | 8.75% |
| 2024-03-31 | 8.77% |
| 2023-12-31 | 8.94% |
| 2023-09-30 | 8.52% |
| 2023-06-30 | 9.46% |
| 2023-03-31 | 9.69% |
| 2022-12-31 | 10.51% |
| 2022-09-30 | 6.32% |
| 2022-06-30 | 13.11% |
| 2022-03-31 | 9.23% |
| 2021-12-31 | 6.62% |
| 2021-09-30 | 8.56% |
| 2021-06-30 | 9.47% |
| 2021-03-31 | 9.49% |
| 2020-12-31 | 9.49% |
| 2020-09-30 | 5.46% |
| 2020-06-30 | 11.81% |
| 2020-03-31 | 11.19% |
| 2019-12-31 | 7.81% |
| 2019-09-30 | 8.75% |
| 2019-06-30 | 5.21% |
| 2019-03-31 | 3.17% |
| 2018-12-31 | 4.79% |
| 2018-09-30 | 6.14% |
| 2018-06-30 | 4.69% |
| 2018-03-31 | 5.37% |
| 2017-12-31 | 5.24% |
| 2017-09-30 | 5.00% |
| 2017-06-30 | 6.34% |
| 2017-03-31 | 6.31% |
| 2016-12-31 | 6.29% |
| 2016-09-30 | 4.55% |
| 2016-06-30 | 4.80% |
| 2016-03-31 | 5.45% |
| 2015-12-31 | 5.41% |
| 2015-09-30 | 5.38% |
| 2015-06-30 | 4.99% |
| 2015-03-31 | 5.20% |
| 2014-12-31 | 4.88% |
| 2014-09-30 | 5.37% |
| 2014-06-30 | 7.09% |
| 2014-03-31 | 8.89% |
| 2013-12-31 | 8.97% |
| 2013-09-30 | 8.01% |
| 2013-06-30 | 8.96% |
| 2013-03-31 | 8.87% |
| 2012-12-31 | 8.05% |
| 2012-09-30 | 8.02% |
| 2012-06-30 | 5.71% |
| 2012-03-31 | 5.04% |
| 2011-12-31 | 5.10% |
| 2011-09-30 | 6.16% |
| 2011-06-30 | 6.14% |
| 2011-03-31 | 6.37% |
| 2010-12-31 | 5.88% |
| 2010-09-30 | 5.24% |
| 2010-06-30 | 5.01% |
| 2010-03-31 | 5.45% |
| 2009-12-31 | 5.79% |
| 2009-09-30 | 8.48% |
| 2009-06-30 | 10.21% |
| 2009-03-31 | 8.68% |
| 2008-12-31 | 8.96% |
| 2008-09-30 | 6.97% |
| 2008-06-30 | 5.27% |
| 2008-03-31 | 5.99% |
| 2007-12-31 | 5.96% |
| 2007-09-30 | 6.06% |
| 2007-06-30 | 5.30% |
| 2007-03-31 | 5.44% |
| 2006-12-31 | 4.39% |
| 2006-09-30 | 3.11% |
| 2006-06-30 | 3.62% |
| 2006-03-31 | 3.41% |
| 2005-12-31 | 4.45% |
| 2005-09-30 | 8.01% |
| 2005-06-30 | 9.42% |
| 2005-03-31 | 8.74% |
| 2004-12-31 | 8.49% |
| 2004-09-30 | 8.19% |
| 2004-06-30 | 7.88% |
| 2004-03-31 | 9.51% |
| 2003-12-31 | 5.81% |
| 2003-09-30 | 12.62% |
| 2003-06-30 | 11.42% |
