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 2.91% is 117% above its 5-year average of -17.44%, near the high end of its 5-year range (-54.33%–22.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 119.58% above its 12-month average of -14.86%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 2.91%.
RETURN ON INVESTED CAPITAL (ROIC)
2.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-14.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-28.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-17.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-16.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-16.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-13.57%
CURRENT VS TTM AVG
+119.58%
CURRENT VS 3Y AVG
+110.38%
CURRENT VS 5Y AVG
+116.68%
CURRENT VS 10Y AVG
+117.14%
CURRENT VS 15Y AVG
+117.15%
CURRENT VS 20Y AVG
+121.45%
SECTOR MEDIAN · INDUSTRIALS
3.88%
median of 402 covered companies
CURRENT VS SECTOR MEDIAN
-25.09%
vs the sector median at left
Orion Energy Systems, Inc.
Market Cap
$117.56M
Return on Invested Capital (ROIC)
2.91%
TTM Avg
-14.86%
3Y Avg
-28.03%
5Y Avg
-17.44%
Market Cap
$121.11M
Return on Invested Capital (ROIC)
0.64%
TTM Avg
0.29%
3Y Avg
-1.51%
5Y Avg
-0.52%
Market Cap
$121.78M
Return on Invested Capital (ROIC)
7.73%
TTM Avg
5.53%
3Y Avg
6.46%
5Y Avg
7.08%
Market Cap
$122.38M
Return on Invested Capital (ROIC)
-151.35%
TTM Avg
-204.59%
3Y Avg
-149.34%
5Y Avg
-105.36%
Market Cap
$110.81M
Return on Invested Capital (ROIC)
-15.88%
TTM Avg
-3.60%
3Y Avg
-4.93%
5Y Avg
-6.16%
Market Cap
$109.26M
Return on Invested Capital (ROIC)
-21.28%
TTM Avg
-84.50%
3Y Avg
-106.28%
5Y Avg
-123.74%
Market Cap
$129.16M
Return on Invested Capital (ROIC)
-17.43%
TTM Avg
-52.98%
3Y Avg
-33.78%
5Y Avg
-14.80%
Market Cap
$104.01M
Return on Invested Capital (ROIC)
-126.86%
TTM Avg
-69.48%
3Y Avg
-24.80%
5Y Avg
0.82%
Market Cap
$102.65M
Return on Invested Capital (ROIC)
-1.17%
TTM Avg
4.57%
3Y Avg
36.09%
5Y Avg
32.05%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Orion Energy Systems, Inc. (OESX) | $117.56M | 2.91% | -14.86% | -28.03% | -17.44% |
| Mobile Infrastructure Corp (BEEP)vs › | $121.11M | 0.64% | 0.29% | -1.51% | -0.52% |
| Coda Octopus Group, Inc. (CODA)vs › | $121.78M | 7.73% | 5.53% | 6.46% | 7.08% |
| Wheels Up Experience Inc. (UP)vs › | $122.38M | -151.35% | -204.59% | -149.34% | -105.36% |
| CBAK Energy Technology, Inc. (CBAT)vs › | $110.81M | -15.88% | -3.60% | -4.93% | -6.16% |
| New Horizon Aircraft Ltd (HOVR)vs › | $109.26M | -21.28% | -84.50% | -106.28% | -123.74% |
| Resources Connection, Inc. (RGP)vs › | $129.16M | -17.43% | -52.98% | -33.78% | -14.80% |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $104.01M | -126.86% | -69.48% | -24.80% | 0.82% |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $102.65M | -1.17% | 4.57% | 36.09% | 32.05% |
| Broadwind, Inc. (BWEN)vs › | $101.81M | 0.73% | 2.44% | 2.12% | -1.03% |
ROIC
2.9%
ROE
0.2%
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 | 2.91% |
| 2026-03-31 | -6.32% |
| 2025-12-31 | -14.15% |
| 2025-09-30 | -20.92% |
| 2025-06-30 | -35.84% |
| 2025-03-31 | -40.80% |
| 2024-12-31 | -23.22% |
| 2024-09-30 | -23.40% |
| 2024-06-30 | -22.29% |
| 2024-03-31 | -30.82% |
| 2023-12-31 | -50.31% |
| 2023-09-30 | -54.33% |
| 2023-06-30 | -44.84% |
| 2023-03-31 | -33.91% |
| 2022-12-31 | -27.09% |
| 2022-09-30 | -9.60% |
| 2022-06-30 | 1.14% |
| 2022-03-31 | 8.54% |
| 2021-12-31 | 17.75% |
| 2021-09-30 | 22.26% |
| 2021-06-30 | 18.91% |
| 2021-03-31 | 10.94% |
| 2020-12-31 | 9.36% |
| 2020-09-30 | 3.96% |
| 2020-06-30 | 19.72% |
| 2020-03-31 | 28.52% |
| 2019-12-31 | 37.72% |
| 2019-09-30 | 28.45% |
| 2019-06-30 | 1.85% |
| 2019-03-31 | -21.46% |
| 2018-12-31 | -29.98% |
| 2018-09-30 | -35.38% |
| 2018-06-30 | -35.91% |
| 2018-03-31 | -44.79% |
| 2017-12-31 | -62.30% |
| 2017-09-30 | -59.80% |
| 2017-06-30 | -45.27% |
| 2017-03-31 | -28.60% |
| 2016-12-31 | -32.12% |
| 2016-09-30 | -34.11% |
| 2016-06-30 | -40.56% |
| 2016-03-31 | -38.07% |
| 2015-12-31 | -21.25% |
| 2015-09-30 | -25.68% |
| 2015-06-30 | -45.45% |
| 2015-03-31 | -44.78% |
| 2014-12-31 | -62.53% |
| 2014-09-30 | -48.78% |
| 2014-06-30 | -14.71% |
| 2014-03-31 | -9.79% |
| 2013-12-31 | 0.84% |
| 2013-09-30 | 0.49% |
| 2013-06-30 | -4.54% |
| 2013-03-31 | -7.69% |
| 2012-12-31 | -8.56% |
| 2012-09-30 | -9.14% |
| 2012-06-30 | -4.11% |
| 2012-03-31 | -0.96% |
| 2011-12-31 | 1.45% |
| 2011-09-30 | 2.32% |
| 2011-06-30 | 2.17% |
| 2011-03-31 | 1.30% |
| 2010-12-31 | -2.54% |
| 2010-09-30 | -4.74% |
| 2010-06-30 | -4.90% |
| 2010-03-31 | -6.34% |
| 2009-12-31 | -6.86% |
| 2009-09-30 | -5.52% |
| 2009-06-30 | -3.09% |
| 2009-03-31 | -0.03% |
| 2008-12-31 | 1.92% |
| 2008-09-30 | 2.02% |
| 2008-06-30 | 2.65% |
| 2008-03-31 | 13.18% |
| 2007-12-31 | -6.52% |
| 2007-09-30 | 2.04% |
| 2007-03-31 | 7.74% |
| 2006-03-31 | -7.08% |
