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 3.08% is 14% below its 5-year average of 3.59%, around the middle of its 5-year range (1.80%–5.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.49% below its 12-month average of 3.52%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.08%.
RETURN ON INVESTED CAPITAL (ROIC)
3.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.29%
CURRENT VS TTM AVG
-12.49%
CURRENT VS 3Y AVG
-25.95%
CURRENT VS 5Y AVG
-14.07%
CURRENT VS 10Y AVG
-24.54%
CURRENT VS 15Y AVG
-38.87%
CURRENT VS 20Y AVG
-41.72%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-67.73%
vs the sector median at left
Trinity Industries, Inc.
Market Cap
$2.27B
Return on Invested Capital (ROIC)
3.08%
TTM Avg
3.52%
3Y Avg
4.16%
5Y Avg
3.59%
Market Cap
$2.23B
Return on Invested Capital (ROIC)
0.61%
TTM Avg
2.31%
3Y Avg
4.46%
5Y Avg
6.01%
Market Cap
$2.07B
Return on Invested Capital (ROIC)
8.70%
TTM Avg
7.79%
3Y Avg
9.80%
5Y Avg
9.26%
Market Cap
$2.56B
Return on Invested Capital (ROIC)
-36.27%
TTM Avg
-46.13%
3Y Avg
-91.75%
5Y Avg
-348.52%
Market Cap
$1.82B
Return on Invested Capital (ROIC)
15.21%
TTM Avg
14.71%
3Y Avg
11.05%
5Y Avg
8.88%
Market Cap
$1.68B
Return on Invested Capital (ROIC)
7.55%
TTM Avg
5.89%
3Y Avg
5.82%
5Y Avg
5.91%
Market Cap
$2.93B
Return on Invested Capital (ROIC)
-30.72%
TTM Avg
-50.51%
3Y Avg
-36.76%
5Y Avg
-34.08%
Market Cap
$1.29B
Return on Invested Capital (ROIC)
-15.45%
TTM Avg
-13.06%
3Y Avg
-12.86%
5Y Avg
-22.50%
Market Cap
$3.26B
Return on Invested Capital (ROIC)
18.49%
TTM Avg
13.96%
3Y Avg
14.96%
5Y Avg
17.01%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Trinity Industries, Inc. (TRN) | $2.27B | 3.08% | 3.52% | 4.16% | 3.59% |
| Werner Enterprises, Inc. (WERN)vs › | $2.23B | 0.61% | 2.31% | 4.46% | 6.01% |
| Preformed Line Products Company (PLPC)vs › | $2.07B | 8.70% | 7.79% | 9.80% | 9.26% |
| NuScale Power Corporation (SMR)vs › | $2.56B | -36.27% | -46.13% | -91.75% | -348.52% |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.82B | 15.21% | 14.71% | 11.05% | 8.88% |
| Allient Inc. (ALNT)vs › | $1.68B | 7.55% | 5.89% | 5.82% | 5.91% |
| Plug Power Inc. (PLUG)vs › | $2.93B | -30.72% | -50.51% | -36.76% | -34.08% |
| T1 Energy Inc (TE)vs › | $1.29B | -15.45% | -13.06% | -12.86% | -22.50% |
| Exponent, Inc. (EXPO)vs › | $3.26B | 18.49% | 13.96% | 14.96% | 17.01% |
| FuelCell Energy, Inc. (FCEL)vs › | $1.27B | -8.76% | -15.69% | -15.77% | -13.15% |
ROIC
3.1%
ROE
30.0%
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 | 3.08% |
| 2026-03-31 | 3.30% |
| 2025-12-31 | 3.48% |
| 2025-09-30 | 3.76% |
| 2025-06-30 | 3.98% |
| 2025-03-31 | 4.55% |
| 2024-12-31 | 4.58% |
| 2024-09-30 | 5.09% |
| 2024-06-30 | 4.97% |
| 2024-03-31 | 4.53% |
| 2023-12-31 | 4.72% |
| 2023-09-30 | 4.13% |
| 2023-06-30 | 3.95% |
| 2023-03-31 | 3.76% |
| 2022-12-31 | 3.19% |
| 2022-09-30 | 2.43% |
| 2022-06-30 | 2.25% |
| 2022-03-31 | 2.31% |
| 2021-12-31 | 1.80% |
| 2021-09-30 | 2.81% |
| 2021-06-30 | 2.68% |
| 2021-03-31 | -1.75% |
| 2020-12-31 | -1.51% |
| 2020-09-30 | -0.78% |
| 2020-06-30 | -0.20% |
| 2020-03-31 | 4.68% |
| 2019-12-31 | 3.54% |
| 2019-09-30 | 3.62% |
| 2019-06-30 | 3.25% |
| 2019-03-31 | 3.55% |
| 2018-12-31 | 3.81% |
| 2018-09-30 | 5.10% |
| 2018-06-30 | 5.98% |
| 2018-03-31 | 5.97% |
| 2017-12-31 | 6.15% |
| 2017-09-30 | 4.07% |
| 2017-06-30 | 4.34% |
| 2017-03-31 | 5.00% |
| 2016-12-31 | 5.51% |
| 2016-09-30 | 7.16% |
| 2016-06-30 | 8.73% |
| 2016-03-31 | 10.43% |
| 2015-12-31 | 11.66% |
| 2015-09-30 | 11.26% |
| 2015-06-30 | 10.74% |
| 2015-03-31 | 10.13% |
| 2014-12-31 | 10.79% |
| 2014-09-30 | 10.50% |
| 2014-06-30 | 10.43% |
| 2014-03-31 | 9.96% |
| 2013-12-31 | 7.74% |
| 2013-09-30 | 7.21% |
| 2013-06-30 | 6.81% |
| 2013-03-31 | 6.67% |
| 2012-12-31 | 6.36% |
| 2012-09-30 | 6.29% |
| 2012-06-30 | 5.94% |
| 2012-03-31 | 5.27% |
| 2011-12-31 | 4.75% |
| 2011-09-30 | 4.10% |
| 2011-06-30 | 4.18% |
| 2011-03-31 | 4.05% |
| 2010-12-31 | 3.76% |
| 2010-09-30 | 3.51% |
| 2010-06-30 | 3.03% |
| 2010-03-31 | -1.30% |
| 2009-12-31 | -0.84% |
| 2009-09-30 | 0.38% |
| 2009-06-30 | 1.54% |
| 2009-03-31 | 7.45% |
| 2008-12-31 | 8.08% |
| 2008-09-30 | 8.90% |
| 2008-06-30 | 9.09% |
| 2008-03-31 | 9.59% |
| 2007-12-31 | 9.68% |
| 2007-09-30 | 9.12% |
| 2007-06-30 | 8.60% |
| 2007-03-31 | 8.81% |
| 2006-12-31 | 8.47% |
| 2006-09-30 | 7.36% |
| 2006-06-30 | 6.49% |
| 2006-03-31 | 6.47% |
| 2005-12-31 | 5.23% |
| 2005-09-30 | 3.82% |
| 2005-06-30 | 2.31% |
| 2005-03-31 | 1.49% |
| 2004-12-31 | 0.83% |
| 2004-09-30 | 0.94% |
| 2004-06-30 | 1.25% |
| 2004-03-31 | 1.06% |
| 2003-12-31 | 0.87% |
| 2003-09-30 | 0.43% |
| 2003-06-30 | 0.66% |
