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 7.53% is 168% above its 5-year average of 2.81%, near the high end of its 5-year range (-7.20%–9.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.98% below its 12-month average of 8.09%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.53%.
RETURN ON INVESTED CAPITAL (ROIC)
7.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
0.77%
CURRENT VS TTM AVG
-6.98%
CURRENT VS 3Y AVG
+7.70%
CURRENT VS 5Y AVG
+167.64%
CURRENT VS 10Y AVG
+415.26%
CURRENT VS 15Y AVG
+372.71%
CURRENT VS 20Y AVG
+871.52%
SECTOR MEDIAN · INDUSTRIALS
3.18%
median of 451 covered companies
CURRENT VS SECTOR MEDIAN
+136.72%
vs the sector median at left
TAT Technologies Ltd.
Market Cap
$444.67M
Return on Invested Capital (ROIC)
7.53%
TTM Avg
8.09%
3Y Avg
6.99%
5Y Avg
2.81%
Market Cap
$438.80M
Return on Invested Capital (ROIC)
45.68%
TTM Avg
35.94%
3Y Avg
35.94%
5Y Avg
35.94%
Market Cap
$448.51M
Return on Invested Capital (ROIC)
5.66%
TTM Avg
12.25%
3Y Avg
12.25%
5Y Avg
12.25%
Market Cap
$454.09M
Return on Invested Capital (ROIC)
N/A
TTM Avg
6.75%
3Y Avg
10.51%
5Y Avg
9.64%
Market Cap
$435.23M
Return on Invested Capital (ROIC)
-30.12%
TTM Avg
-48.71%
3Y Avg
-38.11%
5Y Avg
-25.03%
Market Cap
$420.98M
Return on Invested Capital (ROIC)
-2.79%
TTM Avg
-1.97%
3Y Avg
-2.32%
5Y Avg
-1.93%
Market Cap
$413.21M
Return on Invested Capital (ROIC)
6.24%
TTM Avg
4.29%
3Y Avg
4.68%
5Y Avg
2.89%
Market Cap
$478.25M
Return on Invested Capital (ROIC)
-8.57%
TTM Avg
-21.23%
3Y Avg
-5.64%
5Y Avg
-0.78%
Market Cap
$405.67M
Return on Invested Capital (ROIC)
-37.91%
TTM Avg
-67.31%
3Y Avg
-82.84%
5Y Avg
-107.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TAT Technologies Ltd. (TATT) | $444.67M | 7.53% | 8.09% | 6.99% | 2.81% |
| BUUU Group Ltd (BUUU)vs › | $438.80M | 45.68% | 35.94% | 35.94% | 35.94% |
| Cardinal Infrastructure Group Inc. (CDNL)vs › | $448.51M | 5.66% | 12.25% | 12.25% | 12.25% |
| Universal Logistics Holdings, Inc. (ULH)vs › | $454.09M | N/A | 6.75% | 10.51% | 9.64% |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $435.23M | -30.12% | -48.71% | -38.11% | -25.03% |
| Acacia Research Corporation (ACTG)vs › | $420.98M | -2.79% | -1.97% | -2.32% | -1.93% |
| Twin Disc, Incorporated (TWIN)vs › | $413.21M | 6.24% | 4.29% | 4.68% | 2.89% |
| Forward Air Corporation (FWRD)vs › | $478.25M | -8.57% | -21.23% | -5.64% | -0.78% |
| Aduro Clean Technologies Inc. (ADUR)vs › | $405.67M | -37.91% | -67.31% | -82.84% | -107.23% |
| Montauk Renewables, Inc. (MNTK)vs › | $397.84M | 0.55% | 2.48% | 5.61% | 4.20% |
ROIC
7.5%
ROE
11.1%
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) |
|---|---|
| 2026-06-30 | 7.53% |
| 2026-03-31 | 7.87% |
| 2025-12-31 | 8.37% |
| 2025-09-30 | 8.47% |
| 2025-06-30 | 8.23% |
| 2025-03-31 | 9.50% |
| 2024-12-31 | 9.33% |
| 2024-09-30 | 7.18% |
| 2024-06-30 | 6.36% |
| 2024-03-31 | 5.79% |
| 2023-12-31 | 4.49% |
| 2023-09-30 | 4.91% |
| 2023-06-30 | 2.84% |
| 2023-03-31 | 0.63% |
| 2022-12-31 | -1.68% |
| 2022-09-30 | -3.43% |
| 2022-06-30 | -3.74% |
| 2022-03-31 | -5.52% |
| 2021-12-31 | -4.34% |
| 2021-09-30 | -6.51% |
| 2021-06-30 | -7.20% |
| 2021-03-31 | -5.50% |
| 2020-12-31 | -4.24% |
| 2020-09-30 | -0.66% |
| 2020-06-30 | 0.90% |
| 2020-03-31 | 1.84% |
| 2019-12-31 | 1.30% |
| 2019-09-30 | -2.12% |
| 2019-06-30 | -3.09% |
| 2019-03-31 | -5.10% |
| 2018-12-31 | -6.35% |
| 2018-09-30 | -1.79% |
| 2018-06-30 | -0.06% |
| 2018-03-31 | 1.59% |
| 2017-12-31 | 3.08% |
| 2017-09-30 | 4.92% |
| 2017-06-30 | 5.04% |
| 2017-03-31 | 3.32% |
| 2016-12-31 | 2.43% |
| 2016-09-30 | 2.96% |
| 2016-06-30 | 2.37% |
| 2016-03-31 | 4.60% |
| 2015-12-31 | 5.21% |
| 2015-09-30 | 3.16% |
| 2015-06-30 | 2.99% |
| 2015-03-31 | 2.72% |
| 2014-12-31 | 2.34% |
| 2014-09-30 | 2.95% |
| 2014-06-30 | 3.77% |
| 2014-03-31 | 4.33% |
| 2013-12-31 | 4.60% |
| 2013-09-30 | 3.12% |
| 2013-06-30 | 4.09% |
| 2013-03-31 | 2.79% |
| 2012-12-31 | 2.47% |
| 2012-09-30 | 2.50% |
| 2012-06-30 | -3.35% |
| 2012-03-31 | -3.03% |
| 2011-12-31 | -1.54% |
| 2011-09-30 | -1.83% |
| 2011-06-30 | -4.66% |
| 2011-03-31 | -4.73% |
| 2010-12-31 | -6.23% |
| 2010-09-30 | -7.27% |
| 2010-06-30 | 0.18% |
| 2010-03-31 | -0.56% |
| 2009-12-31 | 1.08% |
| 2009-09-30 | 2.93% |
| 2009-06-30 | 2.89% |
| 2009-03-31 | 3.85% |
| 2008-12-31 | 22.24% |
| 2008-09-30 | -25.78% |
| 2008-06-30 | -11.07% |
| 2008-03-31 | -9.76% |
| 2007-12-31 | -8.18% |
| 2007-06-30 | -2.93% |
| 2006-12-31 | 18.69% |
| 2005-12-31 | 11.88% |
| 2004-12-31 | 14.79% |
| 2003-12-31 | 15.41% |
