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 5.92% is in line with its 5-year average of 6.36%, around the middle of its 5-year range (1.13%–11.37%).
As of the fiscal period ended Saturday, July 4, 2026. 9.26% below its 12-month average of 6.53%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-04): 5.92%.
RETURN ON INVESTED CAPITAL (ROIC)
5.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.50%
CURRENT VS TTM AVG
-9.26%
CURRENT VS 3Y AVG
-9.94%
CURRENT VS 5Y AVG
-6.82%
CURRENT VS 10Y AVG
-25.09%
CURRENT VS 15Y AVG
-16.59%
CURRENT VS 20Y AVG
-20.99%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-38.01%
vs the sector median at left
Stanley Black & Decker, Inc.
Market Cap
$13.48B
Return on Invested Capital (ROIC)
5.92%
TTM Avg
6.53%
3Y Avg
6.58%
5Y Avg
6.36%
Market Cap
$13.75B
Return on Invested Capital (ROIC)
7.59%
TTM Avg
10.11%
3Y Avg
11.07%
5Y Avg
12.05%
Market Cap
$13.04B
Return on Invested Capital (ROIC)
16.20%
TTM Avg
16.74%
3Y Avg
16.59%
5Y Avg
16.64%
Market Cap
$13.93B
Return on Invested Capital (ROIC)
5.95%
TTM Avg
5.87%
3Y Avg
6.12%
5Y Avg
6.02%
Market Cap
$12.94B
Return on Invested Capital (ROIC)
13.49%
TTM Avg
16.11%
3Y Avg
20.03%
5Y Avg
19.49%
Market Cap
$12.65B
Return on Invested Capital (ROIC)
23.32%
TTM Avg
29.84%
3Y Avg
31.02%
5Y Avg
31.54%
Market Cap
$12.42B
Return on Invested Capital (ROIC)
18.82%
TTM Avg
17.29%
3Y Avg
20.01%
5Y Avg
20.48%
Market Cap
$11.97B
Return on Invested Capital (ROIC)
17.08%
TTM Avg
15.92%
3Y Avg
15.93%
5Y Avg
14.44%
Market Cap
$11.65B
Return on Invested Capital (ROIC)
10.04%
TTM Avg
11.46%
3Y Avg
8.25%
5Y Avg
7.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Stanley Black & Decker, Inc. (SWK) | $13.48B | 5.92% | 6.53% | 6.58% | 6.36% |
| BWX Technologies, Inc. (BWXT)vs › | $13.75B | 7.59% | 10.11% | 11.07% | 12.05% |
| Allegion plc (ALLE)vs › | $13.04B | 16.20% | 16.74% | 16.59% | 16.64% |
| Textron Inc. (TXT)vs › | $13.93B | 5.95% | 5.87% | 6.12% | 6.02% |
| Watsco, Inc. (WSO)vs › | $12.94B | 13.49% | 16.11% | 20.03% | 19.49% |
| Lennox International Inc. (LII)vs › | $12.65B | 23.32% | 29.84% | 31.02% | 31.54% |
| Graco Inc. (GGG)vs › | $12.42B | 18.82% | 17.29% | 20.01% | 20.48% |
| Applied Industrial Technologies, Inc. (AIT)vs › | $11.97B | 17.08% | 15.92% | 15.93% | 14.44% |
| Crane Company (CR)vs › | $11.65B | 10.04% | 11.46% | 8.25% | 7.23% |
| RBC Bearings Incorporated (RBC)vs › | $15.65B | 7.46% | 6.79% | 6.29% | 5.63% |
ROIC
5.9%
ROE
6.9%
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) |
|---|---|
| 2026-07-04 | 5.92% |
| 2026-04-04 | 6.64% |
| 2026-01-03 | 6.78% |
| 2025-09-27 | 6.77% |
| 2025-06-28 | 6.87% |
| 2025-03-29 | 7.26% |
| 2024-12-31 | 7.58% |
| 2024-09-28 | 4.92% |
| 2024-06-29 | 8.37% |
| 2024-03-30 | 6.41% |
| 2023-12-31 | 4.82% |
| 2023-09-30 | 1.25% |
| 2023-07-01 | 1.13% |
| 2023-04-01 | 2.55% |
| 2022-12-31 | 4.38% |
| 2022-10-01 | 6.05% |
| 2022-07-02 | 6.22% |
| 2022-04-02 | 7.30% |
| 2021-12-31 | 9.22% |
| 2021-10-02 | 11.37% |
| 2021-07-03 | 12.09% |
| 2021-04-03 | 11.60% |
| 2020-12-31 | 10.32% |
| 2020-09-26 | 9.86% |
| 2020-06-27 | 8.91% |
| 2020-03-28 | 8.32% |
| 2019-12-31 | 10.10% |
| 2019-09-28 | 6.90% |
| 2019-06-29 | 6.95% |
| 2019-03-30 | 6.88% |
| 2018-12-31 | 7.36% |
| 2018-09-29 | 9.33% |
| 2018-06-30 | 9.27% |
| 2018-03-31 | 8.75% |
| 2017-12-31 | 9.43% |
| 2017-09-30 | 8.97% |
| 2017-07-01 | 8.78% |
| 2017-04-01 | 8.46% |
| 2016-12-31 | 9.37% |
| 2016-10-01 | 9.40% |
| 2016-07-02 | 8.79% |
| 2016-04-02 | 8.50% |
| 2015-12-31 | 8.24% |
| 2015-10-03 | 7.62% |
| 2015-07-04 | 7.60% |
| 2015-04-04 | 7.43% |
| 2014-12-31 | 7.67% |
| 2014-09-27 | 5.97% |
| 2014-06-28 | 5.34% |
| 2014-03-29 | 5.16% |
| 2013-12-31 | 4.68% |
| 2013-09-28 | 4.93% |
| 2013-06-29 | 4.58% |
| 2013-03-30 | 4.25% |
| 2012-12-31 | 4.93% |
| 2012-09-29 | 4.91% |
| 2012-06-30 | 5.31% |
| 2012-03-31 | 5.60% |
| 2011-12-31 | 6.08% |
| 2011-10-01 | 5.64% |
| 2011-07-02 | 5.74% |
| 2011-04-02 | 5.91% |
| 2010-12-31 | 5.34% |
| 2010-10-02 | 4.30% |
| 2010-07-03 | 3.63% |
| 2010-04-03 | 2.23% |
| 2009-12-31 | 7.18% |
| 2009-10-03 | 6.33% |
| 2009-07-04 | 7.47% |
| 2009-04-04 | 8.55% |
| 2008-12-31 | 8.86% |
| 2008-09-27 | 11.25% |
| 2008-06-28 | 11.58% |
| 2008-03-29 | 11.97% |
| 2007-12-31 | 12.46% |
| 2007-09-29 | 11.94% |
| 2007-06-30 | 12.18% |
| 2007-03-31 | 11.64% |
| 2006-12-31 | 13.27% |
| 2006-09-30 | 11.83% |
| 2006-07-01 | 11.48% |
| 2006-04-01 | 11.21% |
| 2005-12-31 | 11.87% |
| 2005-10-01 | 14.13% |
| 2005-07-02 | 13.74% |
| 2005-04-02 | 13.66% |
| 2004-12-31 | 14.29% |
| 2004-10-02 | 12.57% |
| 2004-07-03 | 12.19% |
| 2004-04-03 | 10.70% |
| 2003-12-31 | 10.14% |
| 2003-09-27 | 8.88% |
| 2003-06-28 | 8.40% |
