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 18.21% is 50% above its 5-year average of 12.14%, near the high end of its 5-year range (4.24%–18.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 28.71% above its 12-month average of 14.15%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 18.21%.
RETURN ON INVESTED CAPITAL (ROIC)
18.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.50%
CURRENT VS TTM AVG
+28.71%
CURRENT VS 3Y AVG
+74.66%
CURRENT VS 5Y AVG
+50.03%
CURRENT VS 10Y AVG
+93.60%
CURRENT VS 15Y AVG
+92.81%
CURRENT VS 20Y AVG
+91.63%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+90.59%
vs the sector median at left
MYR Group Inc.
Market Cap
$4.27B
Return on Invested Capital (ROIC)
18.21%
TTM Avg
14.15%
3Y Avg
10.43%
5Y Avg
12.14%
Market Cap
$4.16B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
Market Cap
$4.05B
Return on Invested Capital (ROIC)
0.34%
TTM Avg
5.60%
3Y Avg
5.40%
5Y Avg
4.37%
Market Cap
$4.63B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
9.25%
3Y Avg
9.88%
5Y Avg
7.64%
Market Cap
$3.91B
Return on Invested Capital (ROIC)
7.00%
TTM Avg
6.70%
3Y Avg
8.80%
5Y Avg
10.34%
Market Cap
$4.84B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
5.73%
3Y Avg
5.27%
5Y Avg
5.52%
Market Cap
$4.88B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
3.02%
3Y Avg
2.35%
5Y Avg
2.58%
Market Cap
$3.63B
Return on Invested Capital (ROIC)
6.87%
TTM Avg
6.04%
3Y Avg
4.79%
5Y Avg
4.02%
Market Cap
$3.53B
Return on Invested Capital (ROIC)
17.97%
TTM Avg
15.37%
3Y Avg
19.26%
5Y Avg
11.99%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MYR Group Inc. (MYRG) | $4.27B | 18.21% | 14.15% | 10.43% | 12.14% |
| Primoris Services Corporation (PRIM)vs › | $4.16B | 5.72% | 9.67% | 8.23% | 8.22% |
| CECO Environmental Corp. (CECO)vs › | $4.05B | 0.34% | 5.60% | 5.40% | 4.37% |
| KBR, Inc. (KBR)vs › | $4.63B | 10.22% | 9.25% | 9.88% | 7.64% |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 7.00% | 6.70% | 8.80% | 10.34% |
| UniFirst Corporation (UNF)vs › | $4.84B | 4.40% | 5.73% | 5.27% | 5.52% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.88B | 4.71% | 3.02% | 2.35% | 2.58% |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.63B | 6.87% | 6.04% | 4.79% | 4.02% |
| Teekay Tankers Ltd. (TNK)vs › | $3.53B | 17.97% | 15.37% | 19.26% | 11.99% |
| Exponent, Inc. (EXPO)vs › | $3.32B | 18.49% | 13.96% | 14.96% | 17.01% |
ROIC
18.2%
ROE
21.9%
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 | 18.21% |
| 2026-03-31 | 16.75% |
| 2025-12-31 | 13.99% |
| 2025-09-30 | 11.96% |
| 2025-06-30 | 9.83% |
| 2025-03-31 | 4.93% |
| 2024-12-31 | 4.24% |
| 2024-09-30 | 5.03% |
| 2024-06-30 | 6.24% |
| 2024-03-31 | 10.45% |
| 2023-12-31 | 11.13% |
| 2023-09-30 | 11.23% |
| 2023-06-30 | 11.55% |
| 2023-03-31 | 11.65% |
| 2022-12-31 | 10.83% |
| 2022-09-30 | 10.52% |
| 2022-06-30 | 11.86% |
| 2022-03-31 | 12.17% |
| 2021-12-31 | 13.20% |
| 2021-09-30 | 13.60% |
| 2021-06-30 | 13.49% |
| 2021-03-31 | 12.34% |
| 2020-12-31 | 11.22% |
| 2020-09-30 | 10.38% |
| 2020-06-30 | 9.59% |
| 2020-03-31 | 7.34% |
| 2019-12-31 | 6.62% |
| 2019-09-30 | 6.46% |
| 2019-06-30 | 7.18% |
| 2019-03-31 | 7.35% |
| 2018-12-31 | 7.78% |
| 2018-09-30 | 9.03% |
| 2018-06-30 | 8.99% |
| 2018-03-31 | 7.38% |
| 2017-12-31 | 6.11% |
| 2017-09-30 | 4.14% |
| 2017-06-30 | 4.55% |
| 2017-03-31 | 6.33% |
| 2016-12-31 | 6.27% |
| 2016-09-30 | 6.79% |
| 2016-06-30 | 6.95% |
| 2016-03-31 | 6.97% |
| 2015-12-31 | 8.01% |
| 2015-09-30 | 9.74% |
| 2015-06-30 | 10.44% |
| 2015-03-31 | 10.64% |
| 2014-12-31 | 10.57% |
| 2014-09-30 | 9.74% |
| 2014-06-30 | 9.72% |
| 2014-03-31 | 10.54% |
| 2013-12-31 | 10.97% |
| 2013-09-30 | 11.38% |
| 2013-06-30 | 11.98% |
| 2013-03-31 | 12.45% |
| 2012-12-31 | 12.59% |
| 2012-09-30 | 11.74% |
| 2012-06-30 | 9.95% |
| 2012-03-31 | 8.38% |
| 2011-12-31 | 7.59% |
| 2011-09-30 | 7.68% |
| 2011-06-30 | 8.14% |
| 2011-03-31 | 8.18% |
| 2010-12-31 | 6.98% |
| 2010-09-30 | 6.46% |
| 2010-06-30 | 7.35% |
| 2010-03-31 | 7.91% |
| 2009-12-31 | 8.05% |
| 2009-09-30 | 13.67% |
| 2009-06-30 | 12.96% |
| 2009-03-31 | 13.39% |
| 2008-12-31 | 14.54% |
| 2008-09-30 | 9.06% |
| 2008-06-30 | 9.38% |
| 2008-03-31 | 9.13% |
| 1999-12-31 | 12.95% |
| 1999-09-30 | 19.20% |
| 1999-06-30 | 19.08% |
| 1999-03-31 | 16.74% |
| 1998-12-31 | 16.16% |
| 1998-09-30 | 13.46% |
| 1998-06-30 | 12.95% |
| 1998-03-31 | 12.47% |
| 1997-12-31 | 12.67% |
| 1997-09-30 | 10.30% |
| 1997-06-30 | 10.84% |
| 1997-03-31 | 11.12% |
| 1996-12-31 | 11.18% |
| 1996-09-30 | 8.62% |
| 1996-06-30 | 8.78% |
| 1996-03-31 | 8.49% |