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 20.78% is 88% above its 5-year average of 11.06%, near the high end of its 5-year range (0.77%–20.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.97% above its 12-month average of 18.39%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 20.78%.
RETURN ON INVESTED CAPITAL (ROIC)
20.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
18.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.06%
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
+12.97%
CURRENT VS 3Y AVG
+20.76%
CURRENT VS 5Y AVG
+87.87%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+117.44%
vs the sector median at left
Vertiv Holdings Co
Market Cap
$96.58B
Return on Invested Capital (ROIC)
20.78%
TTM Avg
18.39%
3Y Avg
17.21%
5Y Avg
11.06%
Market Cap
$96.61B
Return on Invested Capital (ROIC)
8.49%
TTM Avg
7.59%
3Y Avg
7.41%
5Y Avg
7.19%
Market Cap
$95.75B
Return on Invested Capital (ROIC)
10.94%
TTM Avg
10.38%
3Y Avg
9.82%
5Y Avg
9.64%
Market Cap
$95.34B
Return on Invested Capital (ROIC)
19.89%
TTM Avg
19.84%
3Y Avg
17.77%
5Y Avg
15.20%
Market Cap
$90.97B
Return on Invested Capital (ROIC)
18.58%
TTM Avg
16.88%
3Y Avg
13.48%
5Y Avg
11.66%
Market Cap
$85.20B
Return on Invested Capital (ROIC)
8.99%
TTM Avg
9.30%
3Y Avg
10.17%
5Y Avg
9.93%
Market Cap
$85.07B
Return on Invested Capital (ROIC)
14.64%
TTM Avg
12.53%
3Y Avg
11.28%
5Y Avg
12.46%
Market Cap
$84.92B
Return on Invested Capital (ROIC)
7.93%
TTM Avg
6.36%
3Y Avg
6.09%
5Y Avg
7.57%
Market Cap
$82.76B
Return on Invested Capital (ROIC)
9.01%
TTM Avg
8.59%
3Y Avg
9.20%
5Y Avg
8.88%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertiv Holdings Co (VRT) | $96.58B | 20.78% | 18.39% | 17.21% | 11.06% |
| Quanta Services, Inc. (PWR)vs › | $96.61B | 8.49% | 7.59% | 7.41% | 7.19% |
| General Dynamics Corporation (GD)vs › | $95.75B | 10.94% | 10.38% | 9.82% | 9.64% |
| Trane Technologies plc (TT)vs › | $95.34B | 19.89% | 19.84% | 17.77% | 15.20% |
| Howmet Aerospace Inc. (HWM)vs › | $90.97B | 18.58% | 16.88% | 13.48% | 11.66% |
| CSX Corporation (CSX)vs › | $85.20B | 8.99% | 9.30% | 10.17% | 9.93% |
| 3M Company (MMM)vs › | $85.07B | 14.64% | 12.53% | 11.28% | 12.46% |
| Emerson Electric Co. (EMR)vs › | $84.92B | 7.93% | 6.36% | 6.09% | 7.57% |
| Waste Management, Inc. (WM)vs › | $82.76B | 9.01% | 8.59% | 9.20% | 8.88% |
| United Parcel Service, Inc. (UPS)vs › | $80.49B | 8.99% | 11.29% | 13.45% | 14.09% |
ROIC
20.8%
ROE
36.4%
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 | 20.78% |
| 2026-03-31 | 20.31% |
| 2025-12-31 | 18.18% |
| 2025-09-30 | 17.08% |
| 2025-06-30 | 15.61% |
| 2025-03-31 | 14.74% |
| 2024-12-31 | 14.60% |
| 2024-09-30 | 18.07% |
| 2024-06-30 | 18.07% |
| 2024-03-31 | 18.25% |
| 2023-12-31 | 13.58% |
| 2023-09-30 | 8.55% |
| 2023-06-30 | 6.58% |
| 2023-03-31 | 4.21% |
| 2022-12-31 | 2.32% |
| 2022-09-30 | 0.77% |
| 2022-06-30 | 0.88% |
| 2022-03-31 | 1.93% |
| 2021-12-31 | 3.77% |
| 2021-09-30 | 7.38% |
| 2021-06-30 | 6.57% |
| 2021-03-31 | 11.82% |
| 2020-12-31 | 9.91% |
| 2020-09-30 | 8.29% |
| 2020-06-30 | 5.97% |
| 2020-03-31 | 5.59% |
| 2019-12-31 | 4.78% |
| 2019-09-30 | 22.64% |
| 2019-06-30 | 14.04% |
| 2019-03-31 | 3.86% |
| 2018-12-31 | -0.12% |
| 2018-09-30 | -0.04% |
