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 7.54% is 19% below its 5-year average of 9.27%, near the low end of its 5-year range (4.37%–17.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.46% above its 12-month average of 5.29%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.54%.
RETURN ON INVESTED CAPITAL (ROIC)
7.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+42.46%
CURRENT VS 3Y AVG
+16.25%
CURRENT VS 5Y AVG
-18.73%
CURRENT VS 10Y AVG
+15.26%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.16%
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
+138.45%
vs the sector median at left
Pangaea Logistics Solutions, Ltd.
Market Cap
$554.10M
Return on Invested Capital (ROIC)
7.54%
TTM Avg
5.29%
3Y Avg
6.48%
5Y Avg
9.27%
Market Cap
$555.37M
Return on Invested Capital (ROIC)
12.79%
TTM Avg
17.29%
3Y Avg
16.51%
5Y Avg
16.51%
Market Cap
$542.40M
Return on Invested Capital (ROIC)
-6.00%
TTM Avg
-2.86%
3Y Avg
-0.64%
5Y Avg
0.11%
Market Cap
$592.55M
Return on Invested Capital (ROIC)
-23.50%
TTM Avg
-35.83%
3Y Avg
-33.13%
5Y Avg
-31.84%
Market Cap
$509.64M
Return on Invested Capital (ROIC)
-6.00%
TTM Avg
-2.86%
3Y Avg
-0.64%
5Y Avg
0.11%
Market Cap
$509.26M
Return on Invested Capital (ROIC)
18.42%
TTM Avg
20.06%
3Y Avg
26.01%
5Y Avg
22.38%
Market Cap
$499.80M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$603.06M
Return on Invested Capital (ROIC)
-0.34%
TTM Avg
0.08%
3Y Avg
4.56%
5Y Avg
5.23%
Market Cap
$502.17M
Return on Invested Capital (ROIC)
3.78%
TTM Avg
3.54%
3Y Avg
4.48%
5Y Avg
3.11%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pangaea Logistics Solutions, Ltd. (PANL) | $554.10M | 7.54% | 5.29% | 6.48% | 9.27% |
| SBC Medical Group Holdings Incorporated (SBC)vs › | $555.37M | 12.79% | 17.29% | 16.51% | 16.51% |
| Kelly Services, Inc. (KELYA)vs › | $542.40M | -6.00% | -2.86% | -0.64% | 0.11% |
| Enovix Corporation (ENVX)vs › | $592.55M | -23.50% | -35.83% | -33.13% | -31.84% |
| Kelly Services, Inc. (KELYB)vs › | $509.64M | -6.00% | -2.86% | -0.64% | 0.11% |
| Euroseas Ltd. (ESEA)vs › | $509.26M | 18.42% | 20.06% | 26.01% | 22.38% |
| Accelevation Holdings Corp. (ACCV)vs › | $499.80M | N/A | N/A | N/A | N/A |
| Titan Machinery Inc. (TITN)vs › | $603.06M | -0.34% | 0.08% | 4.56% | 5.23% |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $502.17M | 3.78% | 3.54% | 4.48% | 3.11% |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $500.94M | -40.08% | -49.33% | -36.38% | -62.21% |
ROIC
7.5%
ROE
10.6%
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 | 7.54% |
| 2026-03-31 | 5.41% |
| 2025-12-31 | 4.48% |
| 2025-09-30 | 4.65% |
| 2025-06-30 | 4.37% |
| 2025-03-31 | 4.74% |
| 2024-12-31 | 5.74% |
| 2024-09-30 | 6.60% |
| 2024-06-30 | 7.88% |
| 2024-03-31 | 7.75% |
| 2023-12-31 | 7.08% |
| 2023-09-30 | 8.19% |
| 2023-06-30 | 9.84% |
| 2023-03-31 | 14.01% |
| 2022-12-31 | 15.70% |
| 2022-09-30 | 17.79% |
| 2022-06-30 | 17.36% |
| 2022-03-31 | 14.63% |
| 2021-12-31 | 12.91% |
| 2021-09-30 | 9.93% |
| 2021-06-30 | 8.10% |
| 2021-03-31 | 7.10% |
| 2020-12-31 | 4.96% |
| 2020-09-30 | 2.73% |
| 2020-06-30 | 3.40% |
| 2020-03-31 | 4.15% |
| 2019-12-31 | 5.64% |
| 2019-09-30 | 7.49% |
| 2019-06-30 | 7.53% |
| 2019-03-31 | 7.98% |
| 2018-12-31 | 9.08% |
| 2018-09-30 | 8.72% |
| 2018-06-30 | 8.54% |
| 2018-03-31 | 6.21% |
| 2017-12-31 | 4.00% |
| 2017-09-30 | 2.57% |
| 2017-06-30 | 2.00% |
| 2017-03-31 | 2.59% |
| 2016-12-31 | 4.03% |
| 2016-09-30 | 3.37% |
| 2016-06-30 | 2.49% |
| 2016-03-31 | 4.38% |
| 2015-12-31 | 6.27% |
| 2015-09-30 | 2.48% |
| 2015-06-30 | 0.33% |
| 2015-03-31 | -0.81% |
| 2014-12-31 | -0.93% |
| 2014-09-30 | 4.41% |
| 2014-06-30 | 7.97% |
| 2014-03-31 | 5.26% |
| 2013-12-31 | 4.26% |
