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 3.25% is 356% above its 5-year average of -1.27%, near the low end of its 5-year range (-7.92%–89.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 90.06% below its 12-month average of 32.67%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.25%.
RETURN ON INVESTED CAPITAL (ROIC)
3.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
32.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-0.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-1.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-90.06%
CURRENT VS 3Y AVG
+953.30%
CURRENT VS 5Y AVG
+355.58%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-0.07%
vs the sector median at left
Republic Airways Holdings Inc.
Market Cap
$823.73M
Return on Invested Capital (ROIC)
3.25%
TTM Avg
32.67%
3Y Avg
-0.38%
5Y Avg
-1.27%
Market Cap
$840.51M
Return on Invested Capital (ROIC)
1.42%
TTM Avg
3.01%
3Y Avg
4.83%
5Y Avg
5.88%
Market Cap
$841.08M
Return on Invested Capital (ROIC)
-5.83%
TTM Avg
-4.88%
3Y Avg
-7.08%
5Y Avg
-4.71%
Market Cap
$841.80M
Return on Invested Capital (ROIC)
-18.21%
TTM Avg
-34.90%
3Y Avg
-36.24%
5Y Avg
-74.14%
Market Cap
$803.87M
Return on Invested Capital (ROIC)
-18.22%
TTM Avg
-19.70%
3Y Avg
-15.19%
5Y Avg
-13.63%
Market Cap
$802.81M
Return on Invested Capital (ROIC)
19.58%
TTM Avg
5.79%
3Y Avg
3.14%
5Y Avg
-8.70%
Market Cap
$877.37M
Return on Invested Capital (ROIC)
3.84%
TTM Avg
4.99%
3Y Avg
4.79%
5Y Avg
4.79%
Market Cap
$877.96M
Return on Invested Capital (ROIC)
-4.63%
TTM Avg
-3.98%
3Y Avg
-0.88%
5Y Avg
2.28%
Market Cap
$768.76M
Return on Invested Capital (ROIC)
N/A
TTM Avg
6.36%
3Y Avg
8.84%
5Y Avg
7.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Republic Airways Holdings Inc. (RJET) | $823.73M | 3.25% | 32.67% | -0.38% | -1.27% |
| Transcat, Inc. (TRNS)vs › | $840.51M | 1.42% | 3.01% | 4.83% | 5.88% |
| Kornit Digital Ltd. (KRNT)vs › | $841.08M | -5.83% | -4.88% | -7.08% | -4.71% |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $841.80M | -18.21% | -34.90% | -36.24% | -74.14% |
| PureCycle Technologies, Inc. (PCT)vs › | $803.87M | -18.22% | -19.70% | -15.19% | -13.63% |
| Paysign, Inc. (PAYS)vs › | $802.81M | 19.58% | 5.79% | 3.14% | -8.70% |
| Aebi Schmidt Holding AG (AEBI)vs › | $877.37M | 3.84% | 4.99% | 4.79% | 4.79% |
| Heartland Express, Inc. (HTLD)vs › | $877.96M | -4.63% | -3.98% | -0.88% | 2.28% |
| LSI Industries Inc. (LYTS)vs › | $768.76M | N/A | 6.36% | 8.84% | 7.52% |
| Barrett Business Services, Inc. (BBSI)vs › | $768.23M | 9.99% | 12.13% | 12.04% | 10.27% |
ROIC
3.2%
ROE
3.5%
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 | 3.25% |
| 2026-03-31 | 1.97% |
| 2025-12-31 | 1.81% |
| 2025-09-30 | 89.38% |
| 2025-06-30 | 66.94% |
| 2025-03-31 | 2.35% |
| 2024-12-31 | 7.62% |
| 2024-09-30 | 1.54% |
| 2024-06-30 | -2.58% |
| 2024-03-31 | -4.87% |
| 2023-12-31 | -7.92% |
| 2023-09-30 | -4.02% |
| 2023-06-30 | -3.34% |
| 2023-03-31 | -1.28% |
| 2022-12-31 | -0.70% |
| 2022-09-30 | -1.51% |
| 2022-06-30 | -2.49% |
| 2022-03-31 | -3.41% |
| 2021-12-31 | -5.40% |
| 2021-09-30 | -2.57% |
| 2021-06-30 | -2.59% |
| 2021-03-31 | -3.41% |
| 2020-12-31 | -0.80% |
| 2020-09-30 | -0.18% |
| 2020-06-30 | 2.23% |
| 2020-03-31 | 5.01% |
| 2019-12-31 | 6.11% |
| 2019-09-30 | 6.64% |
| 2019-06-30 | 7.71% |
| 2019-03-31 | 7.83% |
| 2018-12-31 | 6.70% |
| 2018-09-30 | 6.67% |
| 2018-06-30 | 6.17% |
