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 14.73% is 29% above its 2-year average of 11.46%, around the middle of its 2-year range (7.41%–24.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 56.21% above its 12-month average of 9.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 14.73%.
RETURN ON INVESTED CAPITAL (ROIC)
14.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+56.21%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
-0.59%
median of 183 covered companies
CURRENT VS SECTOR MEDIAN
+2596.30%
vs the sector median at left
TWFG, Inc. Common Stock
Market Cap
$325.06M
Return on Invested Capital (ROIC)
14.73%
TTM Avg
9.43%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$325.01M
Return on Invested Capital (ROIC)
-0.49%
TTM Avg
-0.41%
3Y Avg
-0.41%
5Y Avg
-0.41%
Market Cap
$325.24M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$325.55M
Return on Invested Capital (ROIC)
-0.74%
TTM Avg
-149.13%
3Y Avg
-149.13%
5Y Avg
-149.13%
Market Cap
$323.84M
Return on Invested Capital (ROIC)
-0.27%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$323.31M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$323.29M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$323.18M
Return on Invested Capital (ROIC)
-0.24%
TTM Avg
-0.17%
3Y Avg
-0.17%
5Y Avg
-0.17%
Market Cap
$327.06M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TWFG, Inc. Common Stock (TWFG) | $325.06M | 14.73% | 9.43% | N/A | N/A |
| Renatus Tactical Acquisition Corp I Class A Ordinary Shares (RTAC)vs › | $325.01M | -0.49% | -0.41% | -0.41% | -0.41% |
| B&R Technology Merger Corp. Class A (BRTM)vs › | $325.24M | N/A | N/A | N/A | N/A |
| New Providence Acquisition Corp. III (NPAC)vs › | $325.55M | -0.74% | -149.13% | -149.13% | -149.13% |
| Evolution Global Acquisition Corp Class A Ordinary Shares (EVOX)vs › | $323.84M | -0.27% | 0.00% | 0.00% | 0.00% |
| John Marshall Bancorp, Inc. (JMSB)vs › | $323.31M | N/A | N/A | N/A | N/A |
| NewtekOne, Inc. (NEWT)vs › | $323.29M | N/A | N/A | N/A | N/A |
| Aldel Financial II Inc. (ALDF)vs › | $323.18M | -0.24% | -0.17% | -0.17% | -0.17% |
| FS Bancorp, Inc. (FSBW)vs › | $327.06M | N/A | N/A | N/A | N/A |
| Pioneer Acquisition I Corp (PACH)vs › | $327.64M | -0.34% | -0.22% | -0.22% | -0.22% |
ROIC
14.7%
ROE
19.1%
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 | 14.73% |
| 2026-03-31 | 9.06% |
| 2025-12-31 | 7.41% |
| 2025-09-30 | 8.05% |
| 2025-06-30 | 7.90% |
| 2025-03-31 | 8.33% |
| 2024-12-31 | 9.15% |
| 2024-09-30 | 7.99% |
| 2024-06-30 | 19.26% |
| 2024-03-31 | 9.25% |
| 2023-12-31 | 24.94% |
