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 6.43% is 46% above its 5-year average of 4.41%, near the high end of its 5-year range (1.24%–6.59%).
As of the fiscal period ended Sunday, May 31, 2026. 24.85% above its 12-month average of 5.15%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-05-31): 6.43%.
RETURN ON INVESTED CAPITAL (ROIC)
6.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
0.28%
CURRENT VS TTM AVG
+24.85%
CURRENT VS 3Y AVG
+39.76%
CURRENT VS 5Y AVG
+45.88%
CURRENT VS 10Y AVG
+194.93%
CURRENT VS 15Y AVG
+474.59%
CURRENT VS 20Y AVG
+2211.19%
SECTOR MEDIAN · UTILITIES
3.95%
median of 66 covered companies
CURRENT VS SECTOR MEDIAN
+63.11%
vs the sector median at left
Pure Cycle Corporation
Market Cap
$264.35M
Return on Invested Capital (ROIC)
6.43%
TTM Avg
5.15%
3Y Avg
4.60%
5Y Avg
4.41%
Market Cap
$256.04M
Return on Invested Capital (ROIC)
-22.38%
TTM Avg
-19.69%
3Y Avg
-18.92%
5Y Avg
-18.02%
Market Cap
$282.95M
Return on Invested Capital (ROIC)
-22.38%
TTM Avg
-19.69%
3Y Avg
-18.92%
5Y Avg
-18.02%
Market Cap
$233.42M
Return on Invested Capital (ROIC)
1.29%
TTM Avg
1.46%
3Y Avg
1.91%
5Y Avg
1.85%
Market Cap
$226.88M
Return on Invested Capital (ROIC)
4.52%
TTM Avg
4.42%
3Y Avg
4.77%
5Y Avg
4.42%
Market Cap
$332.17M
Return on Invested Capital (ROIC)
-16.18%
TTM Avg
-126.69%
3Y Avg
-162.59%
5Y Avg
-162.59%
Market Cap
$347.73M
Return on Invested Capital (ROIC)
3.25%
TTM Avg
2.84%
3Y Avg
2.61%
5Y Avg
2.68%
Market Cap
$354.26M
Return on Invested Capital (ROIC)
-0.01%
TTM Avg
-30.12%
3Y Avg
-42.72%
5Y Avg
-33.78%
Market Cap
$402.39M
Return on Invested Capital (ROIC)
-46.54%
TTM Avg
-111.72%
3Y Avg
-768.49%
5Y Avg
-768.49%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pure Cycle Corporation (PCYO) | $264.35M | 6.43% | 5.15% | 4.60% | 4.41% |
| Cadiz Inc. (CDZIP)vs › | $256.04M | -22.38% | -19.69% | -18.92% | -18.02% |
| Cadiz Inc. (CDZI)vs › | $282.95M | -22.38% | -19.69% | -18.92% | -18.02% |
| Global Water Resources, Inc. (GWRS)vs › | $233.42M | 1.29% | 1.46% | 1.91% | 1.85% |
| RGC Resources, Inc. (RGCO)vs › | $226.88M | 4.52% | 4.42% | 4.77% | 4.42% |
| Terrestrial Energy Inc. (IMSR)vs › | $332.17M | -16.18% | -126.69% | -162.59% | -162.59% |
| Artesian Resources Corporation (ARTNA)vs › | $347.73M | 3.25% | 2.84% | 2.61% | 2.68% |
| Digi Power X Inc. (DGXX)vs › | $354.26M | -0.01% | -30.12% | -42.72% | -33.78% |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $402.39M | -46.54% | -111.72% | -768.49% | -768.49% |
| VivoPower PLC (VIVO)vs › | $55.16M | N/A | N/A | N/A | N/A |
ROIC
6.4%
ROE
9.7%
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) |
|---|---|
| 2026-05-31 | 6.43% |
| 2026-02-28 | 5.65% |
| 2025-11-30 | 4.94% |
| 2025-08-31 | 3.81% |
| 2025-05-31 | 4.94% |
| 2025-02-28 | 5.89% |
| 2024-11-30 | 6.43% |
| 2024-08-31 | 6.59% |
| 2024-05-31 | 2.58% |
| 2024-02-29 | 3.06% |
| 2023-11-30 | 3.13% |
| 2023-08-31 | 1.24% |
| 2023-05-31 | 5.18% |
| 2023-02-28 | 3.36% |
| 2022-11-30 | 4.52% |
| 2022-08-31 | 6.46% |
| 2022-05-31 | 3.86% |
| 2022-02-28 | 3.69% |
| 2021-11-30 | 4.08% |
| 2021-08-31 | 3.81% |
| 2021-05-31 | 3.00% |
| 2021-02-28 | 2.66% |
| 2020-11-30 | 1.35% |
| 2020-08-31 | 1.37% |
| 2020-05-31 | 2.70% |
| 2020-02-29 | 4.22% |
| 2019-11-30 | 4.02% |
| 2019-08-31 | 3.98% |
| 2019-05-31 | 1.07% |
| 2019-02-28 | 0.12% |
| 2018-11-30 | 0.32% |
| 2018-08-31 | -0.24% |
| 2018-05-31 | -1.27% |
| 2018-02-28 | -2.06% |
| 2017-11-30 | -2.71% |
| 2017-08-31 | -3.10% |
| 2017-05-31 | -3.13% |
| 2017-02-28 | -2.97% |
| 2016-11-30 | -3.10% |
| 2016-08-31 | -3.05% |
| 2016-05-31 | -3.35% |
| 2016-02-29 | -3.06% |
| 2015-11-30 | -2.52% |
| 2015-08-31 | -2.01% |
| 2015-05-31 | -0.78% |
| 2015-02-28 | -0.78% |
| 2014-11-30 | -0.73% |
| 2014-08-31 | -1.49% |
| 2014-05-31 | -0.98% |
| 2014-02-28 | -0.83% |
| 2013-11-30 | -0.98% |
| 2013-08-31 | -1.25% |
| 2013-05-31 | -12.60% |
| 2013-02-28 | -12.87% |
| 2012-11-30 | -13.70% |
| 2012-08-31 | -13.10% |
| 2012-05-31 | -2.18% |
| 2012-02-29 | -2.03% |
| 2011-11-30 | -2.16% |
| 2011-08-31 | -1.99% |
| 2011-05-31 | -1.83% |
| 2011-02-28 | -1.78% |
| 2010-11-30 | -1.64% |
| 2010-08-31 | -1.76% |
| 2010-05-31 | -1.81% |
| 2010-02-28 | -1.86% |
| 2009-11-30 | -1.83% |
| 2009-08-31 | -1.98% |
| 2009-05-31 | -2.07% |
| 2009-02-28 | -2.18% |
| 2008-11-30 | -2.18% |
| 2008-08-31 | -2.27% |
| 2008-05-31 | -2.55% |
| 2008-02-29 | -2.48% |
| 2007-11-30 | -2.57% |
| 2007-08-31 | -2.39% |
| 2007-05-31 | -2.20% |
| 2007-02-28 | -1.88% |
| 2006-11-30 | -1.26% |
| 2006-08-31 | -1.05% |
| 2006-05-31 | -4.65% |
| 2006-02-28 | -4.65% |
| 2005-11-30 | -4.59% |
| 2005-08-31 | -4.53% |
| 2005-05-31 | -4.91% |
| 2005-02-28 | -4.22% |
| 2004-11-30 | -3.30% |
| 2004-08-31 | -2.60% |
| 2004-05-31 | -1.39% |
| 2004-02-29 | -1.26% |
| 2003-11-30 | -0.97% |
| 2003-08-31 | -0.70% |
| 2003-05-31 | -0.51% |
