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 7.64% is 59% above its 5-year average of 4.82%, near the high end of its 5-year range (1.54%–7.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.78% above its 12-month average of 6.84%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-30): 7.64%.
RETURN ON INVESTED CAPITAL (ROIC)
7.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.82%
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
+11.78%
CURRENT VS 3Y AVG
+24.69%
CURRENT VS 5Y AVG
+58.73%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
8.99%
median of 169 covered companies
CURRENT VS SECTOR MEDIAN
-14.97%
vs the sector median at left
Construction Partners, Inc.
Market Cap
$5.15B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
6.84%
3Y Avg
6.13%
5Y Avg
4.82%
Market Cap
$5.18B
Return on Invested Capital (ROIC)
1.72%
TTM Avg
1.94%
3Y Avg
3.17%
5Y Avg
3.99%
Market Cap
$5.25B
Return on Invested Capital (ROIC)
10.80%
TTM Avg
7.11%
3Y Avg
5.29%
5Y Avg
1.86%
Market Cap
$4.75B
Return on Invested Capital (ROIC)
18.21%
TTM Avg
9.12%
3Y Avg
10.21%
5Y Avg
10.99%
Market Cap
$4.57B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
5.73%
3Y Avg
5.27%
5Y Avg
5.52%
Market Cap
$4.52B
Return on Invested Capital (ROIC)
5.13%
TTM Avg
6.12%
3Y Avg
5.79%
5Y Avg
5.79%
Market Cap
$5.83B
Return on Invested Capital (ROIC)
-9.52%
TTM Avg
-18.84%
3Y Avg
-23.89%
5Y Avg
-23.90%
Market Cap
$4.43B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
3.02%
3Y Avg
2.35%
5Y Avg
2.58%
Market Cap
$5.88B
Return on Invested Capital (ROIC)
14.64%
TTM Avg
16.56%
3Y Avg
19.89%
5Y Avg
22.25%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Construction Partners, Inc. (ROAD) | $5.15B | 7.64% | 6.84% | 6.13% | 4.82% |
| Casella Waste Systems, Inc. (CWST)vs › | $5.18B | 1.72% | 1.94% | 3.17% | 3.99% |
| Granite Construction Incorporated (GVA)vs › | $5.25B | 10.80% | 7.11% | 5.29% | 1.86% |
| MYR Group Inc. (MYRG)vs › | $4.75B | 18.21% | 9.12% | 10.21% | 10.99% |
| UniFirst Corporation (UNF)vs › | $4.57B | 4.40% | 5.73% | 5.27% | 5.52% |
| Karman Holdings Inc. (KRMN)vs › | $4.52B | 5.13% | 6.12% | 5.79% | 5.79% |
| Planet Labs PBC (PL)vs › | $5.83B | -9.52% | -18.84% | -23.89% | -23.90% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.43B | 4.71% | 3.02% | 2.35% | 2.58% |
| Pool Corporation (POOL)vs › | $5.88B | 14.64% | 16.56% | 19.89% | 22.25% |
| KBR, Inc. (KBR)vs › | $4.32B | 10.22% | 9.25% | 9.88% | 7.64% |
ROIC
7.6%
ROE
13.7%
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) |
|---|---|
| 2026-06-30 | 7.64% |
| 2026-03-31 | 7.20% |
| 2025-12-31 | 6.95% |
| 2025-09-30 | 6.73% |
| 2025-06-30 | 5.67% |
| 2025-03-31 | 4.80% |
| 2024-12-31 | 4.35% |
| 2024-09-30 | 6.86% |
| 2024-06-30 | 7.22% |
| 2024-03-31 | 6.76% |
| 2023-12-31 | 6.23% |
| 2023-09-30 | 5.51% |
| 2023-06-30 | 3.78% |
| 2023-03-31 | 2.61% |
| 2022-12-31 | 1.89% |
| 2022-09-30 | 2.57% |
| 2022-06-30 | 1.91% |
| 2022-03-31 | 1.54% |
| 2021-12-31 | 2.66% |
| 2021-09-30 | 3.31% |
| 2021-06-30 | 4.94% |
| 2021-03-31 | 7.52% |
| 2020-12-31 | 8.56% |
| 2020-09-30 | 8.10% |
| 2020-06-30 | 8.66% |
| 2020-03-31 | 9.45% |
| 2019-12-31 | 9.84% |
| 2019-09-30 | 10.21% |
| 2019-06-30 | 10.22% |
| 2019-03-31 | 9.57% |
| 2018-12-31 | 8.37% |
| 2018-09-30 | 9.77% |
| 2018-06-30 | 10.10% |
| 2018-03-31 | 13.74% |
| 2017-12-31 | 16.10% |
| 2017-09-30 | 13.21% |
