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 15.18% is 97% above its 5-year average of 7.72%, near the high end of its 5-year range (1.19%–15.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.46% above its 12-month average of 14.67%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
15.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.20%
CURRENT VS TTM AVG
+3.46%
CURRENT VS 3Y AVG
+39.60%
CURRENT VS 5Y AVG
+96.70%
CURRENT VS 10Y AVG
+420.45%
CURRENT VS 15Y AVG
+138.00%
CURRENT VS 20Y AVG
+85.17%
SECTOR MEDIAN · ENERGY
8.77%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+73.09%
vs the sector median at left
Oceaneering International, Inc.
Market Cap
$5.12B
Return on Invested Capital (ROIC)
15.18%
TTM Avg
14.67%
3Y Avg
10.87%
5Y Avg
7.72%
Market Cap
$4.81B
Return on Invested Capital (ROIC)
17.61%
TTM Avg
8.68%
3Y Avg
16.84%
5Y Avg
16.28%
Market Cap
$4.81B
Return on Invested Capital (ROIC)
3.82%
TTM Avg
3.62%
3Y Avg
9.03%
5Y Avg
11.22%
Market Cap
$4.43B
Return on Invested Capital (ROIC)
4.41%
TTM Avg
4.99%
3Y Avg
5.20%
5Y Avg
-0.31%
Market Cap
$6.87B
Return on Invested Capital (ROIC)
13.74%
TTM Avg
18.42%
3Y Avg
16.36%
5Y Avg
5.39%
Market Cap
$3.30B
Return on Invested Capital (ROIC)
0.35%
TTM Avg
4.10%
3Y Avg
10.06%
5Y Avg
19.58%
Market Cap
$2.08B
Return on Invested Capital (ROIC)
-9.31%
TTM Avg
-54.47%
3Y Avg
-26.41%
5Y Avg
-15.28%
Market Cap
$1.51B
Return on Invested Capital (ROIC)
16.32%
TTM Avg
22.74%
3Y Avg
28.03%
5Y Avg
20.53%
Market Cap
$1.41B
Return on Invested Capital (ROIC)
34.01%
TTM Avg
22.12%
3Y Avg
45.21%
5Y Avg
42.46%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Oceaneering International, Inc. (OII) | $5.12B | 15.18% | 14.67% | 10.87% | 7.72% |
| California Resources Corp (CRC)vs › | $4.81B | 17.61% | 8.68% | 16.84% | 16.28% |
| Enphase Energy, Inc. (ENPH)vs › | $4.81B | 3.82% | 3.62% | 9.03% | 11.22% |
| Helmerich & Payne, Inc. (HP)vs › | $4.43B | 4.41% | 4.99% | 5.20% | -0.31% |
| Weatherford International plc (WFRD)vs › | $6.87B | 13.74% | 18.42% | 16.36% | 5.39% |
| Centrus Energy Corp. (LEU)vs › | $3.30B | 0.35% | 4.10% | 10.06% | 19.58% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.08B | -9.31% | -54.47% | -26.41% | -15.28% |
| Natural Resource Partners L.P. (NRP)vs › | $1.51B | 16.32% | 22.74% | 28.03% | 20.53% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.41B | 34.01% | 22.12% | 45.21% | 42.46% |
| Array Technologies, Inc. (ARRY)vs › | $707.60M | 3.49% | -7.74% | -1.25% | 1.96% |
ROIC
15.2%
ROE
29.9%
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 | 15.18% |
| 2026-03-31 | 15.09% |
| 2025-12-31 | 15.98% |
| 2025-09-30 | 13.98% |
| 2025-06-30 | 13.12% |
| 2025-03-31 | 12.58% |
| 2024-12-31 | 10.49% |
| 2024-09-30 | 9.30% |
| 2024-06-30 | 8.80% |
| 2024-03-31 | 7.97% |
| 2023-12-31 | 7.28% |
| 2023-09-30 | 5.89% |
| 2023-06-30 | 5.69% |
| 2023-03-31 | 5.12% |
| 2022-12-31 | 4.11% |
| 2022-09-30 | 2.17% |
| 2022-06-30 | 1.76% |
| 2022-03-31 | 1.71% |
| 2021-12-31 | 2.69% |
| 2021-09-30 | 1.96% |
| 2021-06-30 | 1.19% |
| 2021-03-31 | -0.56% |
| 2020-12-31 | -1.95% |
| 2020-09-30 | -7.01% |
| 2020-06-30 | -5.87% |
| 2020-03-31 | -6.12% |
| 2019-12-31 | -5.45% |
| 2019-09-30 | -5.63% |
| 2019-06-30 | -5.31% |
| 2019-03-31 | -5.67% |
| 2018-12-31 | -6.24% |
| 2018-09-30 | -2.35% |
| 2018-06-30 | -1.83% |
| 2018-03-31 | -0.64% |
| 2017-12-31 | 0.41% |
| 2017-09-30 | 0.59% |
| 2017-06-30 | -0.25% |
| 2017-03-31 | 0.86% |
| 2016-12-31 | 1.53% |
| 2016-09-30 | 3.02% |
| 2016-06-30 | 5.98% |
| 2016-03-31 | 7.62% |
| 2015-12-31 | 9.13% |
| 2015-09-30 | 11.80% |
| 2015-06-30 | 13.44% |
| 2015-03-31 | 15.03% |
| 2014-12-31 | 15.24% |
| 2014-09-30 | 15.78% |
| 2014-06-30 | 15.33% |
| 2014-03-31 | 15.51% |
| 2013-12-31 | 15.55% |
| 2013-09-30 | 15.53% |
| 2013-06-30 | 15.07% |
| 2013-03-31 | 14.53% |
| 2012-12-31 | 13.65% |
| 2012-09-30 | 12.91% |
| 2012-06-30 | 13.41% |
| 2012-03-31 | 12.64% |
| 2011-12-31 | 12.30% |
| 2011-09-30 | 13.10% |
| 2011-06-30 | 11.91% |
| 2011-03-31 | 12.30% |
| 2010-12-31 | 12.78% |
| 2010-09-30 | 13.47% |
| 2010-06-30 | 13.50% |
| 2010-03-31 | 12.12% |
| 2009-12-31 | 12.73% |
| 2009-09-30 | 13.67% |
| 2009-06-30 | 14.82% |
| 2009-03-31 | 15.53% |
| 2008-12-31 | 15.70% |
| 2008-09-30 | 14.52% |
| 2008-06-30 | 14.87% |
| 2008-03-31 | 15.13% |
| 2007-12-31 | 15.79% |
| 2007-09-30 | 14.20% |
| 2007-06-30 | 13.93% |
| 2007-03-31 | 13.01% |
| 2006-12-31 | 13.17% |
| 2006-09-30 | 12.73% |
| 2006-06-30 | 10.97% |
| 2006-03-31 | 9.58% |
| 2005-12-31 | 8.14% |
| 2005-09-30 | 7.26% |
| 2005-06-30 | 6.60% |
| 2005-03-31 | 6.86% |
| 2004-12-31 | 6.51% |
| 2004-09-30 | 5.70% |
| 2004-06-30 | 5.73% |
| 2004-03-31 | 5.75% |
| 2003-12-31 | 6.62% |
| 2003-09-30 | 7.45% |
| 2003-06-30 | 8.55% |
