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 -3.62% is 178% below its 1-year average of -1.30%, near the low end of its 1-year range (-3.62%–1.02%).
As of the fiscal period ended Wednesday, December 31, 2025. 178.46% below its 12-month average of -1.30%.
Limited history available
SPCX Return on Invested Capital (ROIC) has fewer than three reported periods, so a trend chart would be misleading.
RETURN ON INVESTED CAPITAL (ROIC)
-3.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
-178.46%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-137.89%
vs the sector median at left
Space Exploration Technologies Corp.
Market Cap
$1.96T
Return on Invested Capital (ROIC)
-3.62%
TTM Avg
-1.30%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$378.45B
Return on Invested Capital (ROIC)
13.30%
TTM Avg
13.61%
3Y Avg
13.11%
5Y Avg
11.03%
Market Cap
$339.38B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
7.21%
3Y Avg
4.90%
5Y Avg
3.42%
Market Cap
$255.27B
Return on Invested Capital (ROIC)
7.33%
TTM Avg
5.57%
3Y Avg
4.45%
5Y Avg
3.27%
Market Cap
$255.05B
Return on Invested Capital (ROIC)
7.21%
TTM Avg
4.38%
3Y Avg
-3.00%
5Y Avg
-3.00%
Market Cap
$245.58B
Return on Invested Capital (ROIC)
5.77%
TTM Avg
6.13%
3Y Avg
5.73%
5Y Avg
5.15%
Market Cap
$188.17B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.24%
5Y Avg
9.45%
Market Cap
$186.38B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
7.16%
3Y Avg
9.76%
5Y Avg
9.33%
Market Cap
$176.23B
Return on Invested Capital (ROIC)
16.45%
TTM Avg
15.14%
3Y Avg
13.99%
5Y Avg
12.86%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Space Exploration Technologies Corp. (SPCX) | $1.96T | -3.62% | -1.30% | N/A | N/A |
| Caterpillar Inc. (CAT)vs › | $378.45B | 13.30% | 13.61% | 13.11% | 11.03% |
| GE Aerospace (GE)vs › | $339.38B | 10.22% | 7.21% | 4.90% | 3.42% |
| RTX Corporation (RTX)vs › | $255.27B | 7.33% | 5.57% | 4.45% | 3.27% |
| GE Vernova Inc. (GEV)vs › | $255.05B | 7.21% | 4.38% | -3.00% | -3.00% |
| Siemens AG (SIEGY)vs › | $245.58B | 5.77% | 6.13% | 5.73% | 5.15% |
| Schneider Electric S.E. (SBGSY)vs › | $188.17B | 10.96% | 10.36% | 10.24% | 9.45% |
| Deere & Company (DE)vs › | $186.38B | 7.20% | 7.16% | 9.76% | 9.33% |
| ABB Ltd (ABBNY)vs › | $176.23B | 16.45% | 15.14% | 13.99% | 12.86% |
| Eaton Corporation plc (ETN)vs › | $170.84B | 9.09% | 13.05% | 11.55% | 10.10% |
ROIC
-3.6%
ROE
-11.9%
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 | -3.62% |
| 2024-12-31 | 1.02% |
