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 -0.34% is 107% below its 5-year average of 4.95%, near the low end of its 5-year range (-2.48%–11.48%).
As of the fiscal period ended Friday, July 31, 2026. 69.05% above its 12-month average of -1.10%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2027 (2026-07-31): -0.34%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.14%
CURRENT VS TTM AVG
+69.05%
CURRENT VS 3Y AVG
-114.15%
CURRENT VS 5Y AVG
-106.87%
CURRENT VS 10Y AVG
-110.90%
CURRENT VS 15Y AVG
-113.11%
CURRENT VS 20Y AVG
-110.80%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-110.45%
vs the sector median at left
Titan Machinery Inc.
Market Cap
$587.21M
Return on Invested Capital (ROIC)
-0.34%
TTM Avg
-1.10%
3Y Avg
2.40%
5Y Avg
4.95%
Market Cap
$589.01M
Return on Invested Capital (ROIC)
-23.50%
TTM Avg
-35.83%
3Y Avg
-33.13%
5Y Avg
-31.84%
Market Cap
$605.95M
Return on Invested Capital (ROIC)
-1.67%
TTM Avg
0.57%
3Y Avg
2.31%
5Y Avg
1.18%
Market Cap
$621.04M
Return on Invested Capital (ROIC)
-11.29%
TTM Avg
-19.59%
3Y Avg
-16.87%
5Y Avg
-13.04%
Market Cap
$550.14M
Return on Invested Capital (ROIC)
7.54%
TTM Avg
5.11%
3Y Avg
8.25%
5Y Avg
8.48%
Market Cap
$548.17M
Return on Invested Capital (ROIC)
12.79%
TTM Avg
17.29%
3Y Avg
16.51%
5Y Avg
16.51%
Market Cap
$539.45M
Return on Invested Capital (ROIC)
-6.00%
TTM Avg
-2.86%
3Y Avg
-0.64%
5Y Avg
0.11%
Market Cap
$649.44M
Return on Invested Capital (ROIC)
5.91%
TTM Avg
4.15%
3Y Avg
5.97%
5Y Avg
24.61%
Market Cap
$650.41M
Return on Invested Capital (ROIC)
1.15%
TTM Avg
-1.38%
3Y Avg
2.26%
5Y Avg
1.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Titan Machinery Inc. (TITN) | $587.21M | -0.34% | -1.10% | 2.40% | 4.95% |
| Enovix Corporation (ENVX)vs › | $589.01M | -23.50% | -35.83% | -33.13% | -31.84% |
| Matthews International Corporation (MATW)vs › | $605.95M | -1.67% | 0.57% | 2.31% | 1.18% |
| Ballard Power Systems Inc. (BLDP)vs › | $621.04M | -11.29% | -19.59% | -16.87% | -13.04% |
| Pangaea Logistics Solutions, Ltd. (PANL)vs › | $550.14M | 7.54% | 5.11% | 8.25% | 8.48% |
| SBC Medical Group Holdings Incorporated (SBC)vs › | $548.17M | 12.79% | 17.29% | 16.51% | 16.51% |
| Kelly Services, Inc. (KELYA)vs › | $539.45M | -6.00% | -2.86% | -0.64% | 0.11% |
| Smith & Wesson Brands, Inc. (SWBI)vs › | $649.44M | 5.91% | 4.15% | 5.97% | 24.61% |
| Hertz Global Holdings, Inc. (HTZ)vs › | $650.41M | 1.15% | -1.38% | 2.26% | 1.45% |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $520.59M | -40.08% | -49.33% | -36.38% | -62.21% |
ROIC
-0.3%
ROE
-10.2%
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) |
|---|---|
| 2026-07-31 | -0.34% |
| 2026-04-30 | -0.18% |
| 2026-01-31 | -0.23% |
| 2025-10-31 | -2.48% |
| 2025-07-31 | -2.26% |
| 2025-04-30 | -1.48% |
| 2025-01-31 | 0.26% |
| 2024-10-31 | 3.38% |
| 2024-07-31 | 4.38% |
| 2024-04-30 | 6.07% |
| 2024-01-31 | 7.19% |
| 2023-10-31 | 7.81% |
| 2023-07-31 | 9.09% |
| 2023-04-30 | 9.78% |
| 2023-01-31 | 10.90% |
| 2022-10-31 | 11.48% |
| 2022-07-31 | 9.93% |
| 2022-04-30 | 9.59% |
| 2022-01-31 | 9.61% |
| 2021-10-31 | 6.43% |
| 2021-07-31 | 4.98% |
| 2021-04-30 | 4.51% |
| 2021-01-31 | 3.54% |
| 2020-10-31 | 3.23% |
| 2020-07-31 | 2.75% |
| 2020-04-30 | 2.63% |
| 2020-01-31 | 2.34% |
| 2019-10-31 | 1.66% |
| 2019-07-31 | 2.23% |
| 2019-04-30 | 2.37% |
| 2019-01-31 | 2.98% |
| 2018-10-31 | 3.76% |
| 2018-07-31 | 2.66% |
| 2018-04-30 | 0.97% |
| 2018-01-31 | 0.14% |
| 2017-10-31 | -1.03% |
| 2017-07-31 | -1.49% |
| 2017-04-30 | -0.92% |
| 2017-01-31 | -0.34% |
| 2016-10-31 | -4.73% |
| 2016-07-31 | -3.40% |
| 2016-04-30 | -2.76% |
| 2016-01-31 | -2.38% |
| 2015-10-31 | -0.54% |
| 2015-07-31 | -0.37% |
| 2015-04-30 | 0.04% |
| 2015-01-31 | 0.06% |
| 2014-10-31 | 1.43% |
| 2014-07-31 | 1.51% |
| 2014-04-30 | 1.62% |
| 2014-01-31 | 1.79% |
| 2013-10-31 | 2.53% |
| 2013-07-31 | 3.17% |
| 2013-04-30 | 3.46% |
| 2013-01-31 | 4.13% |
| 2012-10-31 | 3.93% |
| 2012-07-31 | 3.95% |
| 2012-04-30 | 4.48% |
| 2012-01-31 | 4.98% |
| 2011-10-31 | 4.12% |
| 2011-07-31 | 4.10% |
| 2011-04-30 | 5.02% |
| 2011-01-31 | 4.51% |
| 2010-10-31 | 3.50% |
| 2010-07-31 | 3.19% |
| 2010-04-30 | 3.89% |
| 2010-01-31 | 3.90% |
| 2009-10-31 | 3.77% |
| 2009-07-31 | 4.09% |
| 2009-04-30 | 4.33% |
| 2009-01-31 | 5.30% |
| 2008-10-31 | 5.36% |
| 2008-07-31 | 4.86% |
| 2008-04-30 | 6.60% |
| 2008-01-31 | 4.82% |
| 2007-10-31 | -84.58% |
| 2007-07-31 | -93.53% |
| 2007-04-30 | -46.93% |
| 2007-01-31 | 8.80% |
| 2006-01-31 | 8.29% |
