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 19.68% is 78% above its 5-year average of 11.05%, near the high end of its 5-year range (6.52%–19.68%).
As of the fiscal period ended Saturday, June 27, 2026. 35.74% above its 12-month average of 14.50%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-27): 19.68%.
RETURN ON INVESTED CAPITAL (ROIC)
19.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.39%
CURRENT VS TTM AVG
+35.74%
CURRENT VS 3Y AVG
+64.32%
CURRENT VS 5Y AVG
+78.09%
CURRENT VS 10Y AVG
+120.02%
CURRENT VS 15Y AVG
+102.61%
CURRENT VS 20Y AVG
+89.44%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+105.92%
vs the sector median at left
Valmont Industries, Inc.
Market Cap
$9.01B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
14.50%
3Y Avg
11.97%
5Y Avg
11.05%
Market Cap
$8.77B
Return on Invested Capital (ROIC)
15.99%
TTM Avg
18.77%
3Y Avg
14.79%
5Y Avg
14.49%
Market Cap
$8.65B
Return on Invested Capital (ROIC)
8.47%
TTM Avg
10.47%
3Y Avg
13.84%
5Y Avg
13.87%
Market Cap
$8.57B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$8.55B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$8.27B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
10.48%
3Y Avg
14.32%
5Y Avg
13.46%
Market Cap
$8.13B
Return on Invested Capital (ROIC)
18.44%
TTM Avg
23.57%
3Y Avg
24.93%
5Y Avg
22.50%
Market Cap
$9.92B
Return on Invested Capital (ROIC)
10.51%
TTM Avg
8.04%
3Y Avg
9.82%
5Y Avg
9.10%
Market Cap
$7.83B
Return on Invested Capital (ROIC)
12.33%
TTM Avg
11.82%
3Y Avg
9.11%
5Y Avg
8.12%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Valmont Industries, Inc. (VMI) | $9.01B | 19.68% | 14.50% | 11.97% | 11.05% |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.77B | 15.99% | 18.77% | 14.79% | 14.49% |
| Saia, Inc. (SAIA)vs › | $8.65B | 8.47% | 10.47% | 13.84% | 13.87% |
| Pentair plc (PNR)vs › | $8.57B | 11.73% | 12.52% | 11.98% | 12.38% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.55B | 0.49% | 0.96% | 0.74% | 1.04% |
| AGCO Corporation (AGCO)vs › | $8.27B | 6.52% | 10.48% | 14.32% | 13.46% |
| A. O. Smith Corporation (AOS)vs › | $8.13B | 18.44% | 23.57% | 24.93% | 22.50% |
| Leonardo DRS, Inc. (DRS)vs › | $9.92B | 10.51% | 8.04% | 9.82% | 9.10% |
| Aecom (ACM)vs › | $7.83B | 12.33% | 11.82% | 9.11% | 8.12% |
| AeroVironment, Inc. (AVAV)vs › | $7.69B | -0.22% | 1.44% | -3.59% | -1.75% |
ROIC
19.7%
ROE
28.7%
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 | 19.68% |
| 2026-03-28 | 15.47% |
| 2025-12-27 | 14.99% |
| 2025-09-27 | 11.38% |
| 2025-06-28 | 10.97% |
| 2025-03-29 | 14.87% |
| 2024-12-28 | 15.57% |
| 2024-09-28 | 12.88% |
| 2024-06-29 | 7.68% |
| 2024-03-30 | 7.04% |
| 2023-12-31 | 6.52% |
| 2023-09-30 | 7.16% |
| 2023-07-01 | 11.46% |
| 2023-04-01 | 11.15% |
| 2022-12-31 | 11.00% |
| 2022-09-24 | 9.71% |
| 2022-06-25 | 8.65% |
| 2022-03-26 | 8.21% |
| 2021-12-31 | 8.11% |
| 2021-09-25 | 8.50% |
| 2021-06-26 | 8.05% |
| 2021-03-27 | 7.50% |
| 2020-12-31 | 7.21% |
| 2020-09-26 | 7.29% |
| 2020-06-27 | 7.43% |
| 2020-03-28 | 8.31% |
| 2019-12-31 | 7.71% |
| 2019-09-28 | 7.13% |
| 2019-06-29 | 6.02% |
| 2019-03-30 | 6.00% |
| 2018-12-31 | 6.63% |
| 2018-09-29 | 5.83% |
| 2018-06-30 | 5.70% |
| 2018-03-31 | 6.52% |
| 2017-12-31 | 6.67% |
| 2017-09-30 | 9.68% |
| 2017-07-01 | 9.55% |
| 2017-04-01 | 9.63% |
| 2016-12-31 | 9.64% |
| 2016-09-24 | 4.97% |
| 2016-06-25 | 4.15% |
| 2016-03-26 | 3.68% |
| 2015-12-31 | 3.56% |
| 2015-09-26 | 6.71% |
| 2015-06-27 | 8.12% |
| 2015-03-28 | 9.53% |
| 2014-12-31 | 10.15% |
| 2014-09-27 | 10.51% |
| 2014-06-28 | 10.76% |
| 2014-03-29 | 11.79% |
| 2013-12-31 | 13.01% |
| 2013-09-28 | 13.28% |
| 2013-06-29 | 13.63% |
| 2013-03-30 | 15.37% |
| 2012-12-31 | 17.16% |
| 2012-09-29 | 16.59% |
| 2012-06-30 | 16.37% |
| 2012-03-31 | 15.11% |
| 2011-12-31 | 13.79% |
| 2011-09-24 | 10.94% |
| 2011-06-25 | 10.07% |
| 2011-03-26 | 6.78% |
| 2010-12-31 | 6.52% |
| 2010-09-25 | 6.30% |
| 2010-06-26 | 7.10% |
| 2010-03-27 | 11.36% |
| 2009-12-31 | 15.25% |
| 2009-09-26 | 17.07% |
| 2009-06-27 | 16.47% |
| 2009-03-28 | 15.87% |
| 2008-12-31 | 15.66% |
| 2008-09-27 | 14.30% |
| 2008-06-28 | 13.95% |
| 2008-03-29 | 13.01% |
| 2007-12-31 | 13.03% |
| 2007-09-29 | 12.69% |
| 2007-06-30 | 11.87% |
| 2007-03-31 | 11.30% |
| 2006-12-31 | 10.59% |
| 2006-09-30 | 10.13% |
| 2006-07-01 | 9.34% |
| 2006-04-01 | 8.62% |
| 2005-12-31 | 8.03% |
| 2005-09-24 | 7.90% |
| 2005-06-25 | 7.10% |
| 2005-03-26 | 7.02% |
| 2004-12-31 | 6.45% |
| 2004-09-30 | 5.97% |
| 2004-06-26 | 5.69% |
| 2004-03-27 | 6.76% |
| 2003-12-31 | 7.19% |
| 2003-09-27 | 7.80% |
| 2003-06-28 | 8.77% |
