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 16.02% is 33% above its 5-year average of 12.08%, near the high end of its 5-year range (8.12%–16.02%).
As of the fiscal period ended Saturday, June 27, 2026. 6.31% above its 12-month average of 15.07%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-27): 16.02%.
RETURN ON INVESTED CAPITAL (ROIC)
16.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
15.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.68%
CURRENT VS TTM AVG
+6.31%
CURRENT VS 3Y AVG
+16.70%
CURRENT VS 5Y AVG
+32.60%
CURRENT VS 10Y AVG
+40.28%
CURRENT VS 15Y AVG
+50.92%
CURRENT VS 20Y AVG
+65.43%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+67.67%
vs the sector median at left
TransDigm Group Incorporated
Market Cap
$60.16B
Return on Invested Capital (ROIC)
16.02%
TTM Avg
15.07%
3Y Avg
13.73%
5Y Avg
12.08%
Market Cap
$59.51B
Return on Invested Capital (ROIC)
27.07%
TTM Avg
28.31%
3Y Avg
29.26%
5Y Avg
26.11%
Market Cap
$61.63B
Return on Invested Capital (ROIC)
5.87%
TTM Avg
8.32%
3Y Avg
10.45%
5Y Avg
8.19%
Market Cap
$62.24B
Return on Invested Capital (ROIC)
11.11%
TTM Avg
11.32%
3Y Avg
11.51%
5Y Avg
10.67%
Market Cap
$56.36B
Return on Invested Capital (ROIC)
30.16%
TTM Avg
28.53%
3Y Avg
28.70%
5Y Avg
27.61%
Market Cap
$55.30B
Return on Invested Capital (ROIC)
38.80%
TTM Avg
30.55%
3Y Avg
25.18%
5Y Avg
20.85%
Market Cap
$65.26B
Return on Invested Capital (ROIC)
6.63%
TTM Avg
9.09%
3Y Avg
9.81%
5Y Avg
9.63%
Market Cap
$53.64B
Return on Invested Capital (ROIC)
11.38%
TTM Avg
11.11%
3Y Avg
10.87%
5Y Avg
10.37%
Market Cap
$52.97B
Return on Invested Capital (ROIC)
22.59%
TTM Avg
22.59%
3Y Avg
22.59%
5Y Avg
22.59%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransDigm Group Incorporated (TDG) | $60.16B | 16.02% | 15.07% | 13.73% | 12.08% |
| W.W. Grainger, Inc. (GWW)vs › | $59.51B | 27.07% | 28.31% | 29.26% | 26.11% |
| PACCAR Inc (PCAR)vs › | $61.63B | 5.87% | 8.32% | 10.45% | 8.19% |
| United Rentals, Inc. (URI)vs › | $62.24B | 11.11% | 11.32% | 11.51% | 10.67% |
| Fastenal Company (FAST)vs › | $56.36B | 30.16% | 28.53% | 28.70% | 27.61% |
| Comfort Systems USA, Inc. (FIX)vs › | $55.30B | 38.80% | 30.55% | 25.18% | 20.85% |
| Honeywell International Inc. (HON)vs › | $65.26B | 6.63% | 9.09% | 9.81% | 9.63% |
| AMETEK, Inc. (AME)vs › | $53.64B | 11.38% | 11.11% | 10.87% | 10.37% |
| Honeywell Aerospace Inc (HONA)vs › | $52.97B | 22.59% | 22.59% | 22.59% | 22.59% |
| Republic Services, Inc. (RSG)vs › | $67.50B | 9.07% | 9.07% | 8.40% | 8.01% |
ROIC
16.0%
ROE
N/A
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) |
|---|---|
| 2026-06-27 | 16.02% |
| 2026-03-28 | 14.56% |
| 2025-12-27 | 15.07% |
| 2025-09-30 | 15.23% |
| 2025-06-28 | 14.48% |
| 2025-03-29 | 14.49% |
| 2024-12-28 | 14.48% |
| 2024-09-30 | 13.78% |
| 2024-06-29 | 12.92% |
| 2024-03-30 | 12.36% |
| 2023-12-30 | 12.27% |
| 2023-09-30 | 11.76% |
| 2023-07-01 | 11.06% |
| 2023-04-01 | 10.05% |
| 2022-12-31 | 10.14% |
| 2022-09-30 | 9.96% |
| 2022-07-02 | 9.06% |
| 2022-04-02 | 9.82% |
| 2022-01-01 | 9.30% |
| 2021-09-30 | 8.81% |
| 2021-07-03 | 8.12% |
| 2021-04-03 | 6.30% |
| 2021-01-02 | 8.01% |
| 2020-09-30 | 8.87% |
| 2020-06-27 | 10.12% |
| 2020-03-28 | 12.23% |
| 2019-12-28 | 11.19% |
| 2019-09-30 | 10.53% |
| 2019-06-29 | 8.57% |
| 2019-03-30 | 8.63% |
| 2018-12-29 | 11.99% |
| 2018-09-30 | 14.00% |
| 2018-06-30 | 13.72% |
| 2018-03-31 | 14.84% |
| 2017-12-30 | 14.59% |
| 2017-09-30 | 11.80% |
| 2017-06-30 | 10.90% |
| 2017-04-01 | 10.60% |
| 2016-12-31 | 10.16% |
| 2016-09-30 | 8.86% |
| 2016-07-02 | 8.62% |
| 2016-04-02 | 10.33% |
| 2016-01-02 | 9.92% |
| 2015-09-30 | 9.41% |
| 2015-06-27 | 9.03% |
| 2015-03-28 | 10.18% |
| 2014-12-27 | 10.11% |
| 2014-09-30 | 9.90% |
| 2014-06-28 | 9.20% |
| 2014-03-29 | 8.92% |
| 2013-12-28 | 8.84% |
| 2013-09-30 | 8.64% |
| 2013-06-29 | 8.78% |
| 2013-03-30 | 9.17% |
| 2012-12-29 | 9.07% |
| 2012-09-30 | 9.63% |
| 2012-06-30 | 8.57% |
| 2012-03-31 | 8.71% |
| 2011-12-31 | 8.15% |
| 2011-09-30 | 6.38% |
| 2011-07-02 | 6.35% |
| 2011-04-02 | 5.21% |
| 2011-01-01 | 3.55% |
| 2010-09-30 | 7.03% |
| 2010-07-03 | 6.65% |
| 2010-04-03 | 6.48% |
| 2010-01-02 | 8.86% |
| 2009-09-30 | 9.24% |
| 2009-06-27 | 9.41% |
| 2009-03-28 | 9.37% |
| 2008-12-27 | 9.28% |
| 2008-09-30 | 8.90% |
| 2008-06-28 | 8.49% |
| 2008-03-29 | 8.18% |
| 2007-12-29 | 7.74% |
| 2007-09-30 | 7.32% |
| 2007-06-30 | 6.68% |
| 2007-03-31 | 4.83% |
| 2006-12-30 | 5.91% |
| 2006-09-30 | 5.22% |
