Basis: Latest reported fiscal year. 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 15.14% is 142% above its 5-year average of 6.26%, near the high end of its 5-year range (-11.88%–15.14%).
As of the fiscal period ended Wednesday, December 31, 2025. 1.37% above its 12-month average of 14.94%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
15.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.92%
CURRENT VS TTM AVG
+1.37%
CURRENT VS 3Y AVG
+30.21%
CURRENT VS 5Y AVG
+141.85%
CURRENT VS 10Y AVG
+346.61%
CURRENT VS 15Y AVG
+149.67%
CURRENT VS 20Y AVG
+91.04%
SECTOR MEDIAN · INDUSTRIALS
9.77%
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+55.04%
vs the sector median at left
Rolls-Royce Holdings plc
Market Cap
$172.00B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
14.94%
3Y Avg
11.63%
5Y Avg
6.26%
Market Cap
$170.15B
Return on Invested Capital (ROIC)
7.23%
TTM Avg
7.16%
3Y Avg
9.76%
5Y Avg
9.33%
Market Cap
$165.84B
Return on Invested Capital (ROIC)
-7.72%
TTM Avg
-12.31%
3Y Avg
-8.28%
5Y Avg
-9.55%
Market Cap
$178.72B
Return on Invested Capital (ROIC)
16.45%
TTM Avg
15.14%
3Y Avg
13.99%
5Y Avg
12.86%
Market Cap
$165.12B
Return on Invested Capital (ROIC)
12.41%
TTM Avg
17.58%
3Y Avg
13.72%
5Y Avg
9.91%
Market Cap
$182.62B
Return on Invested Capital (ROIC)
11.65%
TTM Avg
11.62%
3Y Avg
11.69%
5Y Avg
11.48%
Market Cap
$156.40B
Return on Invested Capital (ROIC)
9.09%
TTM Avg
13.05%
3Y Avg
11.55%
5Y Avg
10.10%
Market Cap
$151.38B
Return on Invested Capital (ROIC)
14.46%
TTM Avg
9.09%
3Y Avg
-0.69%
5Y Avg
-2.26%
Market Cap
$196.88B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.24%
5Y Avg
9.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rolls-Royce Holdings plc (RYCEY) | $172.00B | 15.14% | 14.94% | 11.63% | 6.26% |
| Deere & Company (DE)vs › | $170.15B | 7.23% | 7.16% | 9.76% | 9.33% |
| The Boeing Company (BA)vs › | $165.84B | -7.72% | -12.31% | -8.28% | -9.55% |
| ABB Ltd (ABBNY)vs › | $178.72B | 16.45% | 15.14% | 13.99% | 12.86% |
| Safran S.A. (SAFRY)vs › | $165.12B | 12.41% | 17.58% | 13.72% | 9.91% |
| Union Pacific Corporation (UNP)vs › | $182.62B | 11.65% | 11.62% | 11.69% | 11.48% |
| Eaton Corporation plc (ETN)vs › | $156.40B | 9.09% | 13.05% | 11.55% | 10.10% |
| Siemens Energy AG (SMEGF)vs › | $151.38B | 14.46% | 9.09% | -0.69% | -2.26% |
| Schneider Electric S.E. (SBGSY)vs › | $196.88B | 10.96% | 10.36% | 10.24% | 9.45% |
| Lockheed Martin Corporation (LMT)vs › | $130.13B | 20.07% | 16.86% | 18.35% | 18.91% |
ROIC
15.1%
ROE
209.9%
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) |
|---|---|
| 2025-12-31 | 15.14% |
| 2024-12-31 | 14.73% |
| 2023-12-31 | 11.25% |
| 2022-12-31 | 5.39% |
| 2021-12-31 | 2.93% |
| 2020-12-31 | -11.88% |
| 2019-12-31 | -4.83% |
| 2018-12-31 | -6.04% |
| 2017-12-31 | 5.78% |
| 2016-12-31 | -0.84% |
| 2015-12-31 | 5.66% |
| 2014-12-31 | 5.23% |
| 2013-12-31 | 8.92% |
| 2012-12-31 | 10.52% |
| 2011-12-31 | 9.55% |
| 2010-12-31 | 7.57% |
| 2009-12-31 | 9.53% |
| 2008-12-31 | 9.57% |
| 2007-12-31 | 5.75% |
| 2006-12-31 | 6.59% |
| 2005-12-31 | 9.38% |
| 2004-12-31 | 10.53% |
| 2003-12-31 | 3.09% |
| 2002-12-31 | 2.02% |
| 2001-12-31 | 6.85% |
| 2000-12-31 | 6.99% |
| 1999-12-31 | 6.96% |
| 1998-12-31 | 10.75% |
| 1997-12-31 | 8.38% |
| 1996-12-31 | 11.41% |
