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 4.63% is in line with its 5-year average of 4.76%, near the high end of its 5-year range (-3.68%–6.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.08% below its 12-month average of 4.87%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.63%.
RETURN ON INVESTED CAPITAL (ROIC)
4.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.98%
CURRENT VS TTM AVG
-5.08%
CURRENT VS 3Y AVG
-1.80%
CURRENT VS 5Y AVG
-2.76%
CURRENT VS 10Y AVG
+9.29%
CURRENT VS 15Y AVG
-2.07%
CURRENT VS 20Y AVG
-7.02%
SECTOR MEDIAN · UTILITIES
4.09%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+13.13%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$35.34B
Return on Invested Capital (ROIC)
4.63%
TTM Avg
4.87%
3Y Avg
4.71%
5Y Avg
4.76%
Market Cap
$34.26B
Return on Invested Capital (ROIC)
4.49%
TTM Avg
4.33%
3Y Avg
4.13%
5Y Avg
4.09%
Market Cap
$36.45B
Return on Invested Capital (ROIC)
3.83%
TTM Avg
3.74%
3Y Avg
3.38%
5Y Avg
2.84%
Market Cap
$38.98B
Return on Invested Capital (ROIC)
3.37%
TTM Avg
3.36%
3Y Avg
3.27%
5Y Avg
3.54%
Market Cap
$28.77B
Return on Invested Capital (ROIC)
4.04%
TTM Avg
3.67%
3Y Avg
3.60%
5Y Avg
3.57%
Market Cap
$27.61B
Return on Invested Capital (ROIC)
4.35%
TTM Avg
4.23%
3Y Avg
4.13%
5Y Avg
4.06%
Market Cap
$27.35B
Return on Invested Capital (ROIC)
4.81%
TTM Avg
4.67%
3Y Avg
4.44%
5Y Avg
4.38%
Market Cap
$27.29B
Return on Invested Capital (ROIC)
3.78%
TTM Avg
4.47%
3Y Avg
4.49%
5Y Avg
4.24%
Market Cap
$44.01B
Return on Invested Capital (ROIC)
3.84%
TTM Avg
3.95%
3Y Avg
3.68%
5Y Avg
3.14%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $35.34B | 4.63% | 4.87% | 4.71% | 4.76% |
| WEC Energy Group, Inc. (WEC)vs › | $34.26B | 4.49% | 4.33% | 4.13% | 4.09% |
| PG&E Corporation (PCG)vs › | $36.45B | 3.83% | 3.74% | 3.38% | 2.84% |
| Consolidated Edison, Inc. (ED)vs › | $38.98B | 3.37% | 3.36% | 3.27% | 3.54% |
| Ameren Corporation (AEE)vs › | $28.77B | 4.04% | 3.67% | 3.60% | 3.57% |
| American Water Works Company, Inc. (AWK)vs › | $27.61B | 4.35% | 4.23% | 4.13% | 4.06% |
| Atmos Energy Corporation (ATO)vs › | $27.35B | 4.81% | 4.67% | 4.44% | 4.38% |
| DTE Energy Company (DTE)vs › | $27.29B | 3.78% | 4.47% | 4.49% | 4.24% |
| Exelon Corporation (EXC)vs › | $44.01B | 3.84% | 3.95% | 3.68% | 3.14% |
| FirstEnergy Corp. (FE)vs › | $26.52B | 4.43% | 4.06% | 3.67% | 3.75% |
ROIC
4.6%
ROE
11.6%
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 | 4.63% |
| 2026-03-31 | 5.07% |
| 2025-12-31 | 4.88% |
| 2025-09-30 | 5.00% |
| 2025-06-30 | 4.79% |
| 2025-03-31 | 4.67% |
| 2024-12-31 | 4.40% |
| 2024-09-30 | 4.47% |
| 2024-06-30 | 4.57% |
| 2024-03-31 | 4.63% |
| 2023-12-31 | 6.37% |
| 2023-09-30 | 6.94% |
| 2023-06-30 | 6.25% |
| 2023-03-31 | 5.54% |
| 2022-12-31 | 3.01% |
| 2022-09-30 | 2.95% |
| 2022-06-30 | -2.29% |
| 2022-03-31 | -3.68% |
| 2021-12-31 | -1.85% |
| 2021-09-30 | -2.84% |
| 2021-06-30 | 2.70% |
| 2021-03-31 | 3.79% |
| 2020-12-31 | 3.98% |
| 2020-09-30 | 4.20% |
| 2020-06-30 | 4.10% |
| 2020-03-31 | 3.85% |
| 2019-12-31 | 3.74% |
| 2019-09-30 | 3.95% |
| 2019-06-30 | 3.92% |
| 2019-03-31 | 4.22% |
| 2018-12-31 | 4.17% |
| 2018-09-30 | 5.09% |
| 2018-06-30 | 5.57% |
| 2018-03-31 | 5.15% |
| 2017-12-31 | 3.56% |
| 2017-09-30 | 1.69% |
| 2017-06-30 | 1.59% |
| 2017-03-31 | 1.91% |
| 2016-12-31 | 2.86% |
| 2016-09-30 | 4.02% |
| 2016-06-30 | 4.41% |
| 2016-03-31 | 4.89% |
| 2015-12-31 | 5.29% |
| 2015-09-30 | 5.83% |
| 2015-06-30 | 5.79% |
| 2015-03-31 | 5.49% |
| 2014-12-31 | 4.96% |
| 2014-09-30 | 4.33% |
| 2014-06-30 | 4.21% |
| 2014-03-31 | 4.72% |
| 2013-12-31 | 4.59% |
| 2013-09-30 | 4.74% |
| 2013-06-30 | 4.57% |
| 2013-03-31 | 4.25% |
| 2012-12-31 | 4.90% |
| 2012-09-30 | 5.56% |
| 2012-06-30 | 5.52% |
| 2012-03-31 | 6.04% |
| 2011-12-31 | 5.89% |
| 2011-09-30 | 5.45% |
| 2011-06-30 | 6.64% |
| 2011-03-31 | 6.22% |
| 2010-12-31 | 6.28% |
| 2010-09-30 | 6.75% |
| 2010-06-30 | 6.92% |
| 2010-03-31 | 7.17% |
| 2009-12-31 | 7.15% |
| 2009-09-30 | 7.06% |
| 2009-06-30 | 7.09% |
| 2009-03-31 | 5.61% |
| 2008-12-31 | 5.38% |
| 2008-09-30 | 5.58% |
| 2008-06-30 | 5.73% |
| 2008-03-31 | 7.12% |
| 2007-12-31 | 6.38% |
| 2007-09-30 | 6.23% |
| 2007-06-30 | 5.87% |
| 2007-03-31 | 4.73% |
| 2006-12-31 | 4.33% |
| 2006-09-30 | 4.17% |
| 2006-06-30 | 3.70% |
| 2006-03-31 | 4.18% |
| 2005-12-31 | 4.41% |
| 2005-09-30 | 4.03% |
| 2005-06-30 | 4.21% |
| 2005-03-31 | 4.25% |
| 2004-12-31 | 4.30% |
| 2004-09-30 | 4.34% |
| 2004-06-30 | 4.40% |
| 2004-03-31 | 4.61% |
| 2003-12-31 | 4.71% |
| 2003-09-30 | 5.52% |
| 2003-06-30 | 5.74% |
