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 22.63% is 52% above its 5-year average of 14.84%, near the high end of its 5-year range (-0.95%–28.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.43% below its 12-month average of 24.72%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
22.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
24.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
25.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.85%
CURRENT VS TTM AVG
-8.43%
CURRENT VS 3Y AVG
-9.50%
CURRENT VS 5Y AVG
+52.49%
CURRENT VS 10Y AVG
+186.40%
CURRENT VS 15Y AVG
+352.07%
CURRENT VS 20Y AVG
+287.18%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+136.89%
vs the sector median at left
Powell Industries, Inc.
Market Cap
$6.57B
Return on Invested Capital (ROIC)
22.63%
TTM Avg
24.72%
3Y Avg
25.01%
5Y Avg
14.84%
Market Cap
$6.53B
Return on Invested Capital (ROIC)
13.39%
TTM Avg
12.63%
3Y Avg
11.22%
5Y Avg
9.49%
Market Cap
$6.48B
Return on Invested Capital (ROIC)
14.64%
TTM Avg
16.56%
3Y Avg
19.89%
5Y Avg
22.25%
Market Cap
$6.67B
Return on Invested Capital (ROIC)
12.36%
TTM Avg
13.01%
3Y Avg
14.71%
5Y Avg
14.23%
Market Cap
$6.31B
Return on Invested Capital (ROIC)
11.51%
TTM Avg
13.06%
3Y Avg
15.91%
5Y Avg
15.72%
Market Cap
$6.87B
Return on Invested Capital (ROIC)
10.16%
TTM Avg
9.94%
3Y Avg
13.30%
5Y Avg
14.90%
Market Cap
$7.13B
Return on Invested Capital (ROIC)
-5.89%
TTM Avg
-0.83%
3Y Avg
-4.73%
5Y Avg
-2.51%
Market Cap
$5.99B
Return on Invested Capital (ROIC)
21.54%
TTM Avg
18.61%
3Y Avg
19.25%
5Y Avg
19.25%
Market Cap
$7.17B
Return on Invested Capital (ROIC)
14.80%
TTM Avg
13.96%
3Y Avg
12.41%
5Y Avg
11.42%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Powell Industries, Inc. (POWL) | $6.57B | 22.63% | 24.72% | 25.01% | 14.84% |
| EnerSys (ENS)vs › | $6.53B | 13.39% | 12.63% | 11.22% | 9.49% |
| Pool Corporation (POOL)vs › | $6.48B | 14.64% | 16.56% | 19.89% | 22.25% |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $6.67B | 12.36% | 13.01% | 14.71% | 14.23% |
| AAON, Inc. (AAON)vs › | $6.31B | 11.51% | 13.06% | 15.91% | 15.72% |
| Matson, Inc. (MATX)vs › | $6.87B | 10.16% | 9.94% | 13.30% | 14.90% |
| AeroVironment, Inc. (AVAV)vs › | $7.13B | -5.89% | -0.83% | -4.73% | -2.51% |
| Everus Construction Group, Inc. (ECG)vs › | $5.99B | 21.54% | 18.61% | 19.25% | 19.25% |
| Federal Signal Corporation (FSS)vs › | $7.17B | 14.80% | 13.96% | 12.41% | 11.42% |
| Planet Labs PBC (PL)vs › | $5.73B | -9.48% | -18.84% | -23.89% | -23.90% |
ROIC
22.6%
ROE
25.2%
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 | 22.63% |
| 2026-03-31 | 23.73% |
| 2025-12-31 | 25.24% |
| 2025-09-30 | 25.45% |
| 2025-06-30 | 26.54% |
| 2025-03-31 | 28.68% |
| 2024-12-31 | 28.51% |
| 2024-09-30 | 27.31% |
| 2024-06-30 | 26.18% |
| 2024-03-31 | 22.53% |
| 2023-12-31 | 18.30% |
| 2023-09-30 | 13.87% |
| 2023-06-30 | 10.08% |
| 2023-03-31 | 7.05% |
| 2022-12-31 | 4.07% |
| 2022-09-30 | 2.35% |
| 2022-06-30 | 0.24% |
| 2022-03-31 | -0.48% |
| 2021-12-31 | -0.95% |
| 2021-09-30 | 0.19% |
| 2021-06-30 | 0.20% |
| 2021-03-31 | 1.61% |
| 2020-12-31 | 3.95% |
| 2020-09-30 | 4.89% |
| 2020-06-30 | 6.09% |
| 2020-03-31 | 6.65% |
| 2019-12-31 | 4.56% |
| 2019-09-30 | 2.97% |
| 2019-06-30 | 1.41% |
| 2019-03-31 | 0.32% |
| 2018-12-31 | -1.57% |
| 2018-09-30 | -2.92% |
| 2018-06-30 | -6.14% |
| 2018-03-31 | -8.60% |
| 2017-12-31 | -7.61% |
| 2017-09-30 | -5.86% |
| 2017-06-30 | -1.82% |
| 2017-03-31 | 2.08% |
| 2016-12-31 | 4.08% |
| 2016-09-30 | 3.99% |
| 2016-06-30 | 4.27% |
| 2016-03-31 | 4.98% |
| 2015-12-31 | 3.33% |
| 2015-09-30 | 3.30% |
| 2015-06-30 | 2.25% |
| 2015-03-31 | 1.16% |
| 2014-12-31 | 2.88% |
| 2014-09-30 | 4.89% |
| 2014-06-30 | 9.04% |
| 2014-03-31 | 10.87% |
| 2013-12-31 | 10.68% |
| 2013-09-30 | 10.94% |
| 2013-06-30 | 9.78% |
| 2013-03-31 | 10.89% |
| 2012-12-31 | 11.85% |
| 2012-09-30 | 9.35% |
| 2012-06-30 | 4.28% |
| 2012-03-31 | 1.56% |
| 2011-12-31 | -0.17% |
| 2011-09-30 | 0.57% |
| 2011-06-30 | 1.59% |
| 2011-03-31 | 4.04% |
| 2010-12-31 | 6.47% |
| 2010-09-30 | 8.87% |
| 2010-06-30 | 13.25% |
| 2010-03-31 | 14.66% |
| 2009-12-31 | 14.82% |
| 2009-09-30 | 15.58% |
| 2009-06-30 | 15.38% |
| 2009-03-31 | 14.39% |
| 2008-12-31 | 13.51% |
| 2008-09-30 | 10.86% |
| 2008-06-30 | 8.95% |
| 2008-03-31 | 7.15% |
| 2007-12-31 | 5.80% |
| 2007-09-30 | 5.64% |
| 2007-06-30 | 4.88% |
| 2007-03-31 | 4.26% |
| 2006-12-31 | 4.72% |
| 2006-09-30 | 4.23% |
| 2006-07-31 | 5.02% |
| 2006-04-30 | 5.31% |
| 2006-01-31 | 2.92% |
| 2005-10-31 | 1.36% |
| 2005-07-31 | -0.83% |
| 2005-04-30 | -2.70% |
| 2005-01-31 | -2.09% |
| 2004-10-31 | 0.31% |
| 2004-07-31 | 1.66% |
| 2004-04-30 | 2.45% |
| 2004-01-31 | 3.67% |
| 2003-10-31 | 5.14% |
| 2003-07-31 | 7.81% |