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 6.24% is 66% above its 5-year average of 3.75%, near the high end of its 5-year range (-6.17%–6.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 45.96% above its 12-month average of 4.28%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 6.24%.
RETURN ON INVESTED CAPITAL (ROIC)
6.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-0.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.68%
CURRENT VS TTM AVG
+45.96%
CURRENT VS 3Y AVG
+34.85%
CURRENT VS 5Y AVG
+66.28%
CURRENT VS 10Y AVG
+998.81%
CURRENT VS 15Y AVG
+459.71%
CURRENT VS 20Y AVG
+33.47%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+92.08%
vs the sector median at left
Twin Disc, Incorporated
Market Cap
$411.92M
Return on Invested Capital (ROIC)
6.24%
TTM Avg
4.28%
3Y Avg
4.63%
5Y Avg
3.75%
Market Cap
$416.02M
Return on Invested Capital (ROIC)
-19.50%
TTM Avg
6.65%
3Y Avg
29.77%
5Y Avg
29.77%
Market Cap
$422.09M
Return on Invested Capital (ROIC)
-2.79%
TTM Avg
-1.97%
3Y Avg
-2.32%
5Y Avg
-1.93%
Market Cap
$398.91M
Return on Invested Capital (ROIC)
-37.91%
TTM Avg
-67.31%
3Y Avg
-82.84%
5Y Avg
-107.23%
Market Cap
$429.84M
Return on Invested Capital (ROIC)
-30.12%
TTM Avg
-48.71%
3Y Avg
-38.11%
5Y Avg
-25.03%
Market Cap
$435.31M
Return on Invested Capital (ROIC)
7.53%
TTM Avg
8.85%
3Y Avg
5.13%
5Y Avg
2.03%
Market Cap
$439.21M
Return on Invested Capital (ROIC)
5.66%
TTM Avg
12.25%
3Y Avg
12.25%
5Y Avg
12.25%
Market Cap
$383.19M
Return on Invested Capital (ROIC)
-0.58%
TTM Avg
0.84%
3Y Avg
2.14%
5Y Avg
2.21%
Market Cap
$378.63M
Return on Invested Capital (ROIC)
0.55%
TTM Avg
2.48%
3Y Avg
5.61%
5Y Avg
4.20%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Twin Disc, Incorporated (TWIN) | $411.92M | 6.24% | 4.28% | 4.63% | 3.75% |
| Phoenix Asia Holdings Limited Ordinary Shares (PHOE)vs › | $416.02M | -19.50% | 6.65% | 29.77% | 29.77% |
| Acacia Research Corporation (ACTG)vs › | $422.09M | -2.79% | -1.97% | -2.32% | -1.93% |
| Aduro Clean Technologies Inc. (ADUR)vs › | $398.91M | -37.91% | -67.31% | -82.84% | -107.23% |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $429.84M | -30.12% | -48.71% | -38.11% | -25.03% |
| TAT Technologies Ltd. (TATT)vs › | $435.31M | 7.53% | 8.85% | 5.13% | 2.03% |
| Cardinal Infrastructure Group Inc. (CDNL)vs › | $439.21M | 5.66% | 12.25% | 12.25% | 12.25% |
| Xerox Holdings Corporation (XRX)vs › | $383.19M | -0.58% | 0.84% | 2.14% | 2.21% |
| Montauk Renewables, Inc. (MNTK)vs › | $378.63M | 0.55% | 2.48% | 5.61% | 4.20% |
| L.B. Foster Company (FSTR)vs › | $377.56M | 5.30% | 6.60% | 3.66% | 3.60% |
ROIC
6.2%
ROE
12.3%
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 | 6.24% |
| 2026-03-27 | 5.76% |
| 2025-12-26 | 4.33% |
| 2025-09-26 | 2.72% |
| 2025-06-30 | 2.34% |
| 2025-03-28 | 2.25% |
| 2024-12-27 | 3.72% |
| 2024-09-27 | 3.63% |
| 2024-06-30 | 3.92% |
| 2024-03-29 | 5.89% |
| 2023-12-29 | 6.23% |
| 2023-09-29 | 6.71% |
| 2023-06-30 | 6.45% |
| 2023-03-31 | 6.49% |
| 2022-12-30 | 5.76% |
| 2022-09-30 | 2.75% |
| 2022-06-30 | 4.59% |
| 2022-03-25 | -0.50% |
| 2021-12-31 | -1.27% |
| 2021-09-24 | -2.94% |
| 2021-06-30 | -6.17% |
| 2021-03-26 | -3.79% |
| 2020-12-25 | -15.28% |
| 2020-09-25 | -15.45% |
| 2020-06-30 | -17.34% |
| 2020-03-27 | -16.77% |
| 2019-12-27 | -1.80% |
| 2019-09-27 | 1.44% |
| 2019-06-30 | 5.04% |
| 2019-03-29 | 7.18% |
| 2018-12-28 | 6.96% |
| 2018-09-28 | 4.39% |
| 2018-06-30 | 5.79% |
| 2018-03-30 | 3.20% |
| 2017-12-29 | 0.03% |
| 2017-09-29 | -3.69% |
| 2017-06-30 | -5.40% |
| 2017-03-31 | -12.48% |
| 2016-12-30 | -13.36% |
| 2016-09-30 | -12.21% |
| 2016-06-30 | -13.83% |
| 2016-03-25 | -8.15% |
| 2015-12-25 | -3.61% |
| 2015-09-25 | 1.30% |
| 2015-06-30 | 5.65% |
| 2015-03-31 | 6.54% |
| 2014-12-31 | 5.13% |
| 2014-09-30 | 3.32% |
| 2014-06-30 | 2.69% |
| 2014-03-31 | 2.50% |
| 2013-12-31 | 2.30% |
| 2013-09-30 | 3.31% |
| 2013-06-30 | 3.00% |
| 2013-03-31 | 4.14% |
| 2012-12-31 | 7.54% |
| 2011-09-30 | 11.07% |
| 2011-06-30 | 8.97% |
| 2011-03-31 | 6.49% |
| 2010-12-31 | 5.31% |
| 2010-09-30 | 3.30% |
| 2010-06-30 | 0.99% |
| 2010-03-31 | 1.58% |
| 2009-12-31 | 2.63% |
| 2009-09-30 | 4.30% |
| 2009-06-30 | 6.24% |
| 2009-03-31 | 8.50% |
| 2008-12-31 | 11.21% |
| 2008-09-26 | 11.01% |
| 2008-06-30 | 12.39% |
| 2008-03-31 | 11.36% |
| 2007-12-28 | 11.46% |
| 2007-09-28 | 12.66% |
| 2007-06-30 | 12.07% |
| 2007-03-30 | 13.03% |
| 2006-12-31 | 11.46% |
| 2006-09-30 | 10.19% |
| 2006-06-30 | 9.78% |
| 2006-03-31 | 9.91% |
| 2005-12-31 | 7.81% |
| 2005-09-30 | 6.91% |
| 2005-03-31 | 5.14% |
| 2004-12-31 | 5.30% |
| 2004-09-30 | 5.02% |
| 2004-06-30 | 4.36% |
| 2004-03-31 | 3.68% |
| 2003-12-31 | 2.83% |
| 2003-09-30 | 0.49% |
| 2003-06-30 | -1.40% |
