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 12.35% is 17% below its 5-year average of 14.96%, near the low end of its 5-year range (12.35%–15.90%).
As of the fiscal period ended Sunday, June 28, 2026. 7.91% below its 12-month average of 13.41%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-28): 12.35%.
RETURN ON INVESTED CAPITAL (ROIC)
12.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
14.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
13.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.16%
CURRENT VS TTM AVG
-7.91%
CURRENT VS 3Y AVG
-15.20%
CURRENT VS 5Y AVG
-17.46%
CURRENT VS 10Y AVG
-16.04%
CURRENT VS 15Y AVG
-9.32%
CURRENT VS 20Y AVG
+1.57%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+29.26%
vs the sector median at left
Snap-on Incorporated
Market Cap
$19.09B
Return on Invested Capital (ROIC)
12.35%
TTM Avg
13.41%
3Y Avg
14.57%
5Y Avg
14.96%
Market Cap
$19.90B
Return on Invested Capital (ROIC)
12.68%
TTM Avg
11.36%
3Y Avg
10.29%
5Y Avg
9.38%
Market Cap
$18.13B
Return on Invested Capital (ROIC)
12.16%
TTM Avg
10.14%
3Y Avg
11.93%
5Y Avg
11.77%
Market Cap
$20.20B
Return on Invested Capital (ROIC)
9.10%
TTM Avg
8.09%
3Y Avg
6.79%
5Y Avg
5.41%
Market Cap
$17.83B
Return on Invested Capital (ROIC)
8.09%
TTM Avg
7.89%
3Y Avg
8.73%
5Y Avg
7.44%
Market Cap
$17.33B
Return on Invested Capital (ROIC)
18.93%
TTM Avg
17.63%
3Y Avg
18.81%
5Y Avg
18.80%
Market Cap
$20.87B
Return on Invested Capital (ROIC)
4.30%
TTM Avg
1.45%
3Y Avg
1.65%
5Y Avg
-0.47%
Market Cap
$17.27B
Return on Invested Capital (ROIC)
7.91%
TTM Avg
7.52%
3Y Avg
7.25%
5Y Avg
7.45%
Market Cap
$21.17B
Return on Invested Capital (ROIC)
11.14%
TTM Avg
8.86%
3Y Avg
10.88%
5Y Avg
11.43%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snap-on Incorporated (SNA) | $19.09B | 12.35% | 13.41% | 14.57% | 14.96% |
| Curtiss-Wright Corporation (CW)vs › | $19.90B | 12.68% | 11.36% | 10.29% | 9.38% |
| Nordson Corporation (NDSN)vs › | $18.13B | 12.16% | 10.14% | 11.93% | 11.77% |
| XPO Logistics, Inc. (XPO)vs › | $20.20B | 9.10% | 8.09% | 6.79% | 5.41% |
| WESCO International, Inc. (WCC)vs › | $17.83B | 8.09% | 7.89% | 8.73% | 7.44% |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $17.33B | 18.93% | 17.63% | 18.81% | 18.80% |
| Southwest Airlines Co. (LUV)vs › | $20.87B | 4.30% | 1.45% | 1.65% | -0.47% |
| Equifax Inc. (EFX)vs › | $17.27B | 7.91% | 7.52% | 7.25% | 7.45% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $21.17B | 11.14% | 8.86% | 10.88% | 11.43% |
| MasTec, Inc. (MTZ)vs › | $16.99B | 10.64% | 6.63% | 4.23% | 3.79% |
ROIC
12.4%
ROE
17.1%
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) |
|---|---|
| 2026-06-28 | 12.35% |
| 2026-04-04 | 13.09% |
| 2026-01-03 | 13.79% |
| 2025-09-27 | 13.95% |
| 2025-06-28 | 13.88% |
| 2025-03-29 | 14.50% |
| 2024-12-28 | 15.08% |
| 2024-09-28 | 14.92% |
| 2024-06-29 | 15.24% |
| 2024-03-30 | 15.45% |
| 2023-12-31 | 15.42% |
| 2023-09-30 | 15.90% |
| 2023-07-01 | 15.78% |
| 2023-04-01 | 15.69% |
| 2022-12-31 | 15.58% |
| 2022-10-01 | 15.82% |
| 2022-07-02 | 15.38% |
| 2022-04-02 | 15.09% |
| 2021-12-31 | 14.99% |
| 2021-10-02 | 15.29% |
| 2021-07-03 | 14.46% |
| 2021-04-03 | 12.97% |
| 2020-12-31 | 12.10% |
| 2020-09-26 | 11.87% |
| 2020-06-27 | 11.81% |
| 2020-03-28 | 14.60% |
| 2019-12-31 | 14.98% |
| 2019-09-28 | 15.41% |
| 2019-06-29 | 15.62% |
| 2019-03-30 | 15.90% |
| 2018-12-31 | 15.86% |
| 2018-09-29 | 15.07% |
| 2018-06-30 | 14.70% |
| 2018-03-31 | 14.00% |
| 2017-12-31 | 13.65% |
| 2017-09-30 | 13.99% |
| 2017-07-01 | 14.39% |
| 2017-04-01 | 14.59% |
| 2016-12-31 | 14.72% |
| 2016-10-01 | 14.83% |
| 2016-07-02 | 14.73% |
| 2016-04-02 | 14.46% |
| 2015-12-31 | 13.73% |
| 2015-10-03 | 13.52% |
| 2015-07-04 | 13.40% |
| 2015-04-04 | 13.36% |
| 2014-12-31 | 12.83% |
| 2014-09-27 | 12.45% |
| 2014-06-28 | 11.99% |
| 2014-03-29 | 11.84% |
| 2013-12-31 | 11.42% |
| 2013-09-28 | 11.47% |
| 2013-06-29 | 11.16% |
| 2013-03-30 | 10.87% |
| 2012-12-31 | 10.55% |
| 2012-09-29 | 10.36% |
| 2012-06-30 | 10.54% |
| 2012-03-31 | 10.61% |
| 2011-12-31 | 10.35% |
| 2011-10-01 | 9.91% |
| 2011-07-02 | 8.59% |
| 2011-04-02 | 7.79% |
| 2010-12-31 | 7.40% |
| 2010-10-02 | 7.25% |
| 2010-07-03 | 6.78% |
| 2010-04-03 | 6.57% |
| 2009-12-31 | 6.06% |
| 2009-10-03 | 6.67% |
| 2009-07-04 | 8.49% |
| 2009-04-04 | 9.35% |
| 2008-12-31 | 11.36% |
| 2008-09-27 | 11.08% |
| 2008-06-28 | 10.34% |
| 2008-03-29 | 10.36% |
| 2007-12-31 | 5.91% |
| 2007-09-29 | 4.79% |
| 2007-06-30 | 4.07% |
| 2007-03-31 | 1.87% |
| 2006-12-31 | 5.59% |
| 2006-09-30 | 6.19% |
| 2006-07-01 | 5.97% |
| 2006-04-01 | 7.05% |
| 2005-12-31 | 6.91% |
| 2005-10-01 | 6.17% |
| 2005-07-02 | 6.38% |
| 2005-04-02 | 5.93% |
| 2005-02-01 | 5.54% |
| 2004-10-02 | 5.88% |
| 2004-07-03 | 5.75% |
| 2004-04-03 | 5.69% |
| 2003-12-31 | 6.32% |
| 2003-09-27 | 8.53% |
| 2003-06-28 | 8.24% |
