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 5.00% is 392% above its 5-year average of 1.02%, near the high end of its 5-year range (-8.05%–9.65%).
As of the fiscal period ended Friday, July 31, 2026. 91.63% above its 12-month average of 2.61%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-07-31): 5.00%.
RETURN ON INVESTED CAPITAL (ROIC)
5.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.66%
CURRENT VS TTM AVG
+91.63%
CURRENT VS 3Y AVG
+430.25%
CURRENT VS 5Y AVG
+391.99%
CURRENT VS 10Y AVG
+60.02%
CURRENT VS 15Y AVG
+6.22%
CURRENT VS 20Y AVG
+7.47%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+53.93%
vs the sector median at left
RF Industries, Ltd.
Market Cap
$93.94M
Return on Invested Capital (ROIC)
5.00%
TTM Avg
2.61%
3Y Avg
-1.51%
5Y Avg
1.02%
Market Cap
$95.25M
Return on Invested Capital (ROIC)
2.01%
TTM Avg
1.04%
3Y Avg
1.04%
5Y Avg
1.04%
Market Cap
$89.37M
Return on Invested Capital (ROIC)
-4.14%
TTM Avg
-0.39%
3Y Avg
-0.39%
5Y Avg
-0.39%
Market Cap
$89.35M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$100.06M
Return on Invested Capital (ROIC)
-126.86%
TTM Avg
-69.48%
3Y Avg
-24.80%
5Y Avg
0.82%
Market Cap
$99.47M
Return on Invested Capital (ROIC)
0.73%
TTM Avg
2.44%
3Y Avg
2.12%
5Y Avg
-1.03%
Market Cap
$88.00M
Return on Invested Capital (ROIC)
-4.46%
TTM Avg
-2.33%
3Y Avg
-4.62%
5Y Avg
-8.26%
Market Cap
$101.76M
Return on Invested Capital (ROIC)
-1.17%
TTM Avg
4.57%
3Y Avg
36.09%
5Y Avg
32.05%
Market Cap
$84.51M
Return on Invested Capital (ROIC)
-111.36%
TTM Avg
-126.55%
3Y Avg
-134.52%
5Y Avg
-134.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RF Industries, Ltd. (RFIL) | $93.94M | 5.00% | 2.61% | -1.51% | 1.02% |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $95.25M | 2.01% | 1.04% | 1.04% | 1.04% |
| Hadron Energy, Inc. (HDRN)vs › | $89.37M | -4.14% | -0.39% | -0.39% | -0.39% |
| Turbogen Ltd. (TRBG)vs › | $89.35M | N/A | N/A | N/A | N/A |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $100.06M | -126.86% | -69.48% | -24.80% | 0.82% |
| Broadwind, Inc. (BWEN)vs › | $99.47M | 0.73% | 2.44% | 2.12% | -1.03% |
| Arq, Inc. (ARQ)vs › | $88.00M | -4.46% | -2.33% | -4.62% | -8.26% |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $101.76M | -1.17% | 4.57% | 36.09% | 32.05% |
| Safe Pro Group Inc. Common Stock (SPAI)vs › | $84.51M | -111.36% | -126.55% | -134.52% | -134.52% |
| Byrna Technologies Inc. (BYRN)vs › | $83.74M | -8.18% | 13.07% | -1.94% | -9.68% |
ROIC
5.0%
ROE
6.3%
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) |
|---|---|
| 2026-07-31 | 5.00% |
| 2026-04-30 | 3.21% |
| 2026-01-31 | 1.77% |
| 2025-10-31 | 1.49% |
| 2025-07-31 | 1.58% |
| 2025-04-30 | -0.26% |
| 2025-01-31 | -0.93% |
| 2024-10-31 | -4.16% |
| 2024-07-31 | -5.77% |
| 2024-04-30 | -8.05% |
| 2024-01-31 | -6.19% |
| 2023-10-31 | -4.59% |
| 2023-07-31 | -2.79% |
| 2023-04-30 | 1.55% |
| 2023-01-31 | 2.47% |
| 2022-10-31 | 3.27% |
| 2022-07-31 | 3.37% |
| 2022-04-30 | 4.26% |
| 2022-01-31 | 9.65% |
| 2021-10-31 | 8.99% |
| 2021-07-31 | 7.50% |
| 2021-04-30 | 4.80% |
| 2021-01-31 | -2.74% |
| 2020-10-31 | -1.07% |
| 2020-07-31 | 1.37% |
| 2020-04-30 | 4.62% |
| 2020-01-31 | 8.26% |
| 2019-10-31 | 11.14% |
| 2019-07-31 | 11.61% |
| 2019-04-30 | 14.20% |
| 2019-01-31 | 21.85% |
| 2018-10-31 | 21.05% |
| 2018-07-31 | 19.81% |
| 2018-04-30 | 15.70% |
| 2018-01-31 | 3.84% |
| 2017-10-31 | 1.10% |
| 2017-07-31 | -2.96% |
| 2017-04-30 | -6.67% |
| 2017-01-31 | -7.30% |
| 2016-10-31 | -8.07% |
| 2016-07-31 | -3.72% |
| 2016-04-30 | -0.83% |
| 2016-01-31 | 1.86% |
| 2015-10-31 | 3.26% |
| 2015-07-31 | 3.22% |
| 2015-04-30 | 3.98% |
| 2015-01-31 | 4.02% |
| 2014-10-31 | 4.95% |
| 2014-07-31 | 7.81% |
| 2014-04-30 | 10.74% |
| 2014-01-31 | 13.55% |
| 2013-10-31 | 18.34% |
| 2013-07-31 | 19.11% |
| 2013-04-30 | 17.88% |
| 2013-01-31 | 16.74% |
| 2012-10-31 | 12.13% |
| 2012-07-31 | 6.86% |
| 2012-04-30 | 3.64% |
| 2012-01-31 | 2.64% |
| 2011-10-31 | 3.65% |
| 2011-07-31 | 5.57% |
| 2011-04-30 | 7.97% |
| 2011-01-31 | 7.84% |
| 2010-10-31 | 6.79% |
| 2010-07-31 | 5.97% |
| 2010-04-30 | 4.34% |
| 2010-01-31 | 3.52% |
| 2009-10-31 | 3.46% |
| 2009-07-31 | 4.58% |
| 2009-04-30 | 6.99% |
| 2009-01-31 | 8.76% |
| 2008-10-31 | 8.65% |
| 2008-07-31 | 8.77% |
| 2008-04-30 | 9.20% |
| 2008-01-31 | 7.11% |
| 2007-10-31 | 6.18% |
| 2007-07-31 | 6.89% |
| 2007-04-30 | 6.65% |
| 2007-01-31 | 8.22% |
| 2006-10-31 | 9.99% |
| 2006-07-31 | 6.62% |
| 2006-04-30 | 5.24% |
| 2006-01-31 | 3.77% |
| 2005-10-31 | 3.61% |
| 2005-07-31 | 8.01% |
| 2005-04-30 | 8.89% |
| 2005-01-31 | 10.89% |
| 2004-10-31 | 11.55% |
| 2004-07-31 | 11.50% |
| 2004-04-30 | 11.24% |
| 2004-01-31 | 8.90% |
| 2003-10-31 | 8.65% |
| 2003-07-31 | 4.83% |
