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 10.66% is 33% above its 5-year average of 8.03%, near the high end of its 5-year range (1.70%–10.66%).
As of the fiscal period ended Tuesday, June 30, 2026. 36.53% above its 12-month average of 7.81%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 10.66%.
RETURN ON INVESTED CAPITAL (ROIC)
10.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+36.53%
CURRENT VS 3Y AVG
+31.62%
CURRENT VS 5Y AVG
+32.66%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+11.53%
vs the sector median at left
nVent Electric plc
Market Cap
$26.34B
Return on Invested Capital (ROIC)
10.66%
TTM Avg
7.81%
3Y Avg
8.10%
5Y Avg
8.03%
Market Cap
$26.01B
Return on Invested Capital (ROIC)
40.31%
TTM Avg
37.16%
3Y Avg
39.67%
5Y Avg
34.68%
Market Cap
$26.72B
Return on Invested Capital (ROIC)
14.28%
TTM Avg
14.50%
3Y Avg
16.00%
5Y Avg
18.31%
Market Cap
$25.46B
Return on Invested Capital (ROIC)
9.56%
TTM Avg
9.19%
3Y Avg
10.32%
5Y Avg
10.70%
Market Cap
$25.37B
Return on Invested Capital (ROIC)
6.91%
TTM Avg
6.12%
3Y Avg
6.13%
5Y Avg
5.99%
Market Cap
$25.14B
Return on Invested Capital (ROIC)
12.58%
TTM Avg
11.84%
3Y Avg
10.95%
5Y Avg
1.40%
Market Cap
$28.04B
Return on Invested Capital (ROIC)
2.39%
TTM Avg
-17.25%
3Y Avg
-54.70%
5Y Avg
-76.23%
Market Cap
$24.59B
Return on Invested Capital (ROIC)
34.54%
TTM Avg
28.21%
3Y Avg
29.84%
5Y Avg
29.70%
Market Cap
$24.50B
Return on Invested Capital (ROIC)
9.55%
TTM Avg
14.57%
3Y Avg
14.06%
5Y Avg
12.58%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nVent Electric plc (NVT) | $26.34B | 10.66% | 7.81% | 8.10% | 8.03% |
| Otis Worldwide Corporation (OTIS)vs › | $26.01B | 40.31% | 37.16% | 39.67% | 34.68% |
| Copart, Inc. (CPRT)vs › | $26.72B | 14.28% | 14.50% | 16.00% | 18.31% |
| Dover Corporation (DOV)vs › | $25.46B | 9.56% | 9.19% | 10.32% | 10.70% |
| Xylem Inc. (XYL)vs › | $25.37B | 6.91% | 6.12% | 6.13% | 5.99% |
| ATI Inc. (ATI)vs › | $25.14B | 12.58% | 11.84% | 10.95% | 1.40% |
| Symbotic Inc. (SYM)vs › | $28.04B | 2.39% | -17.25% | -54.70% | -76.23% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.59B | 34.54% | 28.21% | 29.84% | 29.70% |
| Hubbell Incorporated (HUBB)vs › | $24.50B | 9.55% | 14.57% | 14.06% | 12.58% |
| Veralto Corporation (VLTO)vs › | $23.37B | 14.70% | 16.98% | 19.04% | 19.79% |
ROIC
10.7%
ROE
15.0%
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 | 10.66% |
| 2026-03-31 | 9.11% |
| 2025-12-31 | 8.15% |
| 2025-09-30 | 5.90% |
| 2025-06-30 | 5.21% |
| 2025-03-31 | 4.99% |
| 2024-12-31 | 4.95% |
| 2024-09-30 | 9.23% |
| 2024-06-30 | 10.12% |
| 2024-03-31 | 10.25% |
| 2023-12-31 | 10.21% |
| 2023-09-30 | 8.30% |
| 2023-06-30 | 8.18% |
| 2023-03-31 | 9.23% |
| 2022-12-31 | 8.73% |
| 2022-09-30 | 7.91% |
| 2022-06-30 | 7.63% |
| 2022-03-31 | 7.36% |
| 2021-12-31 | 7.48% |
| 2021-09-30 | 7.07% |
| 2021-06-30 | 1.70% |
| 2021-03-31 | 0.81% |
| 2020-12-31 | 0.98% |
| 2020-09-30 | 1.16% |
| 2020-06-30 | 4.68% |
| 2020-03-31 | 5.59% |
| 2019-12-31 | 6.87% |
| 2019-09-30 | 6.81% |
| 2019-06-30 | 7.25% |
| 2019-03-31 | 6.86% |
| 2018-12-31 | 6.51% |
| 2018-09-30 | 6.75% |
| 2018-06-30 | 6.84% |
| 2018-03-31 | 3.73% |
| 2017-12-31 | 7.23% |
| 2017-09-30 | 6.00% |