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 7.28% is 124% above its 5-year average of 3.25%, near the high end of its 5-year range (-2.98%–7.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.70% below its 12-month average of 7.40%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.28%.
RETURN ON INVESTED CAPITAL (ROIC)
7.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.21%
CURRENT VS TTM AVG
-1.70%
CURRENT VS 3Y AVG
+48.45%
CURRENT VS 5Y AVG
+123.77%
CURRENT VS 10Y AVG
+135.42%
CURRENT VS 15Y AVG
+164.74%
CURRENT VS 20Y AVG
+126.88%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+123.96%
vs the sector median at left
SkyWest, Inc.
Market Cap
$3.88B
Return on Invested Capital (ROIC)
7.28%
TTM Avg
7.40%
3Y Avg
4.90%
5Y Avg
3.25%
Market Cap
$3.95B
Return on Invested Capital (ROIC)
7.00%
TTM Avg
6.70%
3Y Avg
8.80%
5Y Avg
10.34%
Market Cap
$3.98B
Return on Invested Capital (ROIC)
6.73%
TTM Avg
4.82%
3Y Avg
6.62%
5Y Avg
5.36%
Market Cap
$4.00B
Return on Invested Capital (ROIC)
18.35%
TTM Avg
15.14%
3Y Avg
19.78%
5Y Avg
14.39%
Market Cap
$3.75B
Return on Invested Capital (ROIC)
-24.61%
TTM Avg
-52.30%
3Y Avg
-58.58%
5Y Avg
-58.58%
Market Cap
$3.74B
Return on Invested Capital (ROIC)
5.54%
TTM Avg
8.52%
3Y Avg
9.70%
5Y Avg
8.72%
Market Cap
$3.59B
Return on Invested Capital (ROIC)
14.81%
TTM Avg
16.85%
3Y Avg
15.61%
5Y Avg
14.72%
Market Cap
$3.51B
Return on Invested Capital (ROIC)
17.97%
TTM Avg
15.37%
3Y Avg
19.26%
5Y Avg
11.99%
Market Cap
$3.49B
Return on Invested Capital (ROIC)
6.87%
TTM Avg
6.04%
3Y Avg
4.79%
5Y Avg
4.02%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SkyWest, Inc. (SKYW) | $3.88B | 7.28% | 7.40% | 4.90% | 3.25% |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.95B | 7.00% | 6.70% | 8.80% | 10.34% |
| Avis Budget Group, Inc. (CAR)vs › | $3.98B | 6.73% | 4.82% | 6.62% | 5.36% |
| TORM plc (TRMD)vs › | $4.00B | 18.35% | 15.14% | 19.78% | 14.39% |
| Firefly Aerospace Inc. (FLY)vs › | $3.75B | -24.61% | -52.30% | -58.58% | -58.58% |
| Otter Tail Corporation (OTTR)vs › | $3.74B | 5.54% | 8.52% | 9.70% | 8.72% |
| Badger Meter, Inc. (BMI)vs › | $3.59B | 14.81% | 16.85% | 15.61% | 14.72% |
| Teekay Tankers Ltd. (TNK)vs › | $3.51B | 17.97% | 15.37% | 19.26% | 11.99% |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.49B | 6.87% | 6.04% | 4.79% | 4.02% |
| KBR, Inc. (KBR)vs › | $4.36B | 10.22% | 9.25% | 9.88% | 7.64% |
ROIC
7.3%
ROE
14.8%
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 | 7.28% |
| 2026-03-31 | 7.39% |
| 2025-12-31 | 7.47% |
| 2025-09-30 | 7.68% |
| 2025-06-30 | 7.20% |
| 2025-03-31 | 6.64% |
| 2024-12-31 | 5.92% |
| 2024-09-30 | 4.64% |
| 2024-06-30 | 3.69% |
| 2024-03-31 | 2.68% |
| 2023-12-31 | 1.43% |
| 2023-09-30 | 0.66% |
| 2023-06-30 | 1.06% |
| 2023-03-31 | 1.52% |
| 2022-12-31 | 2.00% |
| 2022-09-30 | 2.89% |
| 2022-06-30 | 2.12% |
| 2022-03-31 | 1.19% |
| 2021-12-31 | -0.73% |
| 2021-09-30 | -1.45% |
| 2021-06-30 | -2.98% |
| 2021-03-31 | -3.63% |
| 2020-12-31 | -3.50% |
| 2020-09-30 | -0.95% |
| 2020-06-30 | 2.25% |
| 2020-03-31 | 6.10% |
| 2019-12-31 | 6.40% |
| 2019-09-30 | 6.46% |
| 2019-06-30 | 6.32% |
| 2019-03-31 | 6.15% |
| 2018-12-31 | 6.33% |
| 2018-09-30 | 7.92% |
| 2018-06-30 | 7.80% |
| 2018-03-31 | 7.85% |
| 2017-12-31 | 7.82% |
| 2017-09-30 | -2.23% |
| 2017-06-30 | -2.78% |
| 2017-03-31 | -3.39% |
| 2016-12-31 | -3.78% |
| 2016-09-30 | 3.60% |
| 2016-06-30 | 3.72% |
| 2016-03-31 | 3.66% |
| 2015-12-31 | 3.30% |
| 2015-09-30 | 2.01% |
| 2015-06-30 | 1.81% |
| 2015-03-31 | 1.15% |
| 2014-12-31 | 0.63% |
| 2014-09-30 | 1.05% |
| 2014-06-30 | 1.04% |
| 2014-03-31 | 1.92% |
| 2013-12-31 | 2.42% |
| 2013-09-30 | 2.55% |
| 2013-06-30 | 2.60% |
| 2013-03-31 | 2.52% |
| 2012-12-31 | 2.58% |
| 2012-09-30 | 1.81% |
| 2012-06-30 | 2.34% |
| 2012-03-31 | 1.60% |
| 2011-12-31 | 1.06% |
| 2011-09-30 | 2.40% |
| 2011-06-30 | 2.50% |
| 2011-03-31 | 2.74% |
| 2010-12-31 | 3.30% |
| 2010-09-30 | 3.03% |
| 2010-06-30 | 3.09% |
| 2010-03-31 | 3.26% |
| 2009-12-31 | 3.36% |
| 2009-09-30 | 3.63% |
| 2009-06-30 | 3.67% |
| 2009-03-31 | 3.93% |
| 2008-12-31 | 4.35% |
| 2008-09-30 | 5.00% |
| 2008-06-30 | 5.56% |
| 2008-03-31 | 5.83% |
| 2007-12-31 | 5.90% |
| 2007-09-30 | 5.68% |
| 2007-06-30 | 5.60% |
| 2007-03-31 | 5.62% |
| 2006-12-31 | 6.00% |
| 2006-09-30 | 6.46% |
| 2006-06-30 | 6.13% |
| 2006-03-31 | 5.31% |
| 2005-12-31 | 4.45% |
| 2005-09-30 | 3.49% |
| 2005-06-30 | 5.71% |
| 2005-03-31 | 5.40% |
| 2004-12-31 | 5.72% |
| 2004-09-30 | 5.51% |
| 2004-06-30 | 5.47% |
| 2004-03-31 | 5.08% |
| 2003-12-31 | 4.70% |
| 2003-09-30 | 5.66% |
| 2003-06-30 | 5.22% |
