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 10.64% is 62% above its 5-year average of 6.57%, near the high end of its 5-year range (3.26%–10.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.17% above its 12-month average of 9.00%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 10.64%.
RETURN ON INVESTED CAPITAL (ROIC)
10.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.40%
CURRENT VS TTM AVG
+18.17%
CURRENT VS 3Y AVG
+63.72%
CURRENT VS 5Y AVG
+62.01%
CURRENT VS 10Y AVG
+34.69%
CURRENT VS 15Y AVG
+49.68%
CURRENT VS 20Y AVG
+43.77%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+11.33%
vs the sector median at left
MasTec, Inc.
Market Cap
$17.80B
Return on Invested Capital (ROIC)
10.64%
TTM Avg
9.00%
3Y Avg
6.50%
5Y Avg
6.57%
Market Cap
$17.81B
Return on Invested Capital (ROIC)
12.16%
TTM Avg
10.14%
3Y Avg
11.93%
5Y Avg
11.77%
Market Cap
$17.65B
Return on Invested Capital (ROIC)
8.09%
TTM Avg
7.89%
3Y Avg
8.73%
5Y Avg
7.44%
Market Cap
$17.63B
Return on Invested Capital (ROIC)
18.93%
TTM Avg
17.63%
3Y Avg
18.81%
5Y Avg
18.80%
Market Cap
$16.95B
Return on Invested Capital (ROIC)
6.20%
TTM Avg
6.54%
3Y Avg
8.07%
5Y Avg
7.15%
Market Cap
$16.90B
Return on Invested Capital (ROIC)
5.26%
TTM Avg
6.65%
3Y Avg
5.55%
5Y Avg
5.14%
Market Cap
$18.77B
Return on Invested Capital (ROIC)
7.91%
TTM Avg
7.52%
3Y Avg
7.25%
5Y Avg
7.45%
Market Cap
$16.64B
Return on Invested Capital (ROIC)
8.93%
TTM Avg
8.75%
3Y Avg
10.22%
5Y Avg
10.51%
Market Cap
$19.23B
Return on Invested Capital (ROIC)
12.35%
TTM Avg
13.79%
3Y Avg
14.76%
5Y Avg
14.83%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MasTec, Inc. (MTZ) | $17.80B | 10.64% | 9.00% | 6.50% | 6.57% |
| Nordson Corporation (NDSN)vs › | $17.81B | 12.16% | 10.14% | 11.93% | 11.77% |
| WESCO International, Inc. (WCC)vs › | $17.65B | 8.09% | 7.89% | 8.73% | 7.44% |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $17.63B | 18.93% | 17.63% | 18.81% | 18.80% |
| CNH Industrial N.V. (CNH)vs › | $16.95B | 6.20% | 6.54% | 8.07% | 7.15% |
| Jacobs Solutions Inc. (J)vs › | $16.90B | 5.26% | 6.65% | 5.55% | 5.14% |
| Equifax Inc. (EFX)vs › | $18.77B | 7.91% | 7.52% | 7.25% | 7.45% |
| IDEX Corporation (IEX)vs › | $16.64B | 8.93% | 8.75% | 10.22% | 10.51% |
| Snap-on Incorporated (SNA)vs › | $19.23B | 12.35% | 13.79% | 14.76% | 14.83% |
| Sterling Infrastructure, Inc. (STRL)vs › | $15.85B | 24.77% | 17.26% | 14.55% | 12.50% |
ROIC
10.6%
ROE
14.5%
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 | 10.64% |
| 2026-03-31 | 10.53% |
| 2025-12-31 | 8.85% |
| 2025-09-30 | 8.39% |
| 2025-06-30 | 6.61% |
| 2025-03-31 | 6.19% |
| 2024-12-31 | 5.63% |
| 2024-09-30 | 4.29% |
| 2024-06-30 | 4.24% |
| 2024-03-31 | 6.05% |
| 2023-12-31 | 4.61% |
| 2023-09-30 | 5.18% |
| 2023-06-30 | 3.26% |
| 2023-03-31 | 4.24% |
| 2022-12-31 | 4.33% |
| 2022-09-30 | 5.80% |
| 2022-06-30 | 6.10% |
| 2022-03-31 | 5.41% |
| 2021-12-31 | 7.45% |
| 2021-09-30 | 9.95% |
| 2021-06-30 | 10.14% |
| 2021-03-31 | 10.60% |
| 2020-12-31 | 8.59% |
| 2020-09-30 | 8.85% |
| 2020-06-30 | 10.02% |
| 2020-03-31 | 11.56% |
| 2019-12-31 | 11.51% |
| 2019-09-30 | 10.57% |
| 2019-06-30 | 10.75% |
| 2019-03-31 | 9.20% |
| 2018-12-31 | 9.81% |
| 2018-09-30 | 11.34% |
| 2018-06-30 | 10.99% |
| 2018-03-31 | 12.03% |
| 2017-12-31 | 12.28% |
| 2017-09-30 | 9.21% |
| 2017-06-30 | 9.03% |
| 2017-03-31 | 8.79% |
| 2016-12-31 | 6.82% |
| 2016-09-30 | 2.67% |
| 2016-06-30 | 1.29% |
| 2016-03-31 | -0.66% |
| 2015-12-31 | -0.97% |
| 2015-09-30 | 2.03% |
| 2015-06-30 | 3.52% |
| 2015-03-31 | 4.98% |
| 2014-12-31 | 5.60% |
| 2014-09-30 | 6.17% |
| 2014-06-30 | 6.37% |
| 2014-03-31 | 7.51% |
| 2013-12-31 | 8.10% |
| 2013-09-30 | 7.40% |
| 2013-06-30 | 7.15% |
| 2013-03-31 | 7.49% |
| 2012-12-31 | 7.65% |
| 2012-09-30 | 5.43% |
| 2012-06-30 | 4.55% |
| 2012-03-31 | 4.70% |
| 2011-12-31 | 5.11% |
| 2011-09-30 | 8.55% |
| 2011-06-30 | 9.04% |
| 2011-03-31 | 9.58% |
| 2010-12-31 | 9.19% |
| 2010-09-30 | 8.23% |
| 2010-06-30 | 7.04% |
| 2010-03-31 | 6.41% |
| 2009-12-31 | 5.54% |
| 2009-09-30 | 8.83% |
| 2009-06-30 | 9.86% |
| 2009-03-31 | 10.72% |
| 2008-12-31 | 10.37% |
| 2008-09-30 | 10.90% |
| 2008-06-30 | 6.54% |
| 2008-03-31 | 7.05% |
| 2007-12-31 | 6.45% |
| 2007-09-30 | 6.09% |
| 2007-06-30 | 4.72% |
| 2007-03-31 | 4.26% |
| 2006-12-31 | 4.94% |
| 2006-09-30 | 6.69% |
| 2006-06-30 | 5.98% |
| 2006-03-31 | 5.10% |
| 2005-12-31 | 6.36% |
| 2005-09-30 | 4.58% |
| 2005-06-30 | 3.17% |
| 2005-03-31 | 2.38% |
| 2004-12-31 | 8.29% |
| 2004-09-30 | 12.73% |
| 2004-06-30 | 14.55% |
| 2004-03-31 | 16.20% |
| 2003-12-31 | 8.88% |
| 2003-09-30 | 12.85% |
| 2003-06-30 | 11.76% |
