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 3.85% is 129% above its 5-year average of 1.68%, near the high end of its 5-year range (-0.65%–4.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.59% above its 12-month average of 3.06%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.85%.
RETURN ON INVESTED CAPITAL (ROIC)
3.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.53%
CURRENT VS TTM AVG
+25.59%
CURRENT VS 3Y AVG
+43.12%
CURRENT VS 5Y AVG
+129.16%
CURRENT VS 10Y AVG
+127.48%
CURRENT VS 15Y AVG
+190.09%
CURRENT VS 20Y AVG
+151.01%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+18.42%
vs the sector median at left
Willis Lease Finance Corporation
Market Cap
$906.03M
Return on Invested Capital (ROIC)
3.85%
TTM Avg
3.06%
3Y Avg
2.69%
5Y Avg
1.68%
Market Cap
$907.63M
Return on Invested Capital (ROIC)
13.34%
TTM Avg
17.96%
3Y Avg
23.36%
5Y Avg
22.18%
Market Cap
$897.16M
Return on Invested Capital (ROIC)
-5.49%
TTM Avg
-11.33%
3Y Avg
-6.99%
5Y Avg
-5.90%
Market Cap
$885.48M
Return on Invested Capital (ROIC)
-8.35%
TTM Avg
-26.08%
3Y Avg
-48.01%
5Y Avg
-48.01%
Market Cap
$877.96M
Return on Invested Capital (ROIC)
-4.63%
TTM Avg
-3.98%
3Y Avg
-0.88%
5Y Avg
2.28%
Market Cap
$877.37M
Return on Invested Capital (ROIC)
3.84%
TTM Avg
4.99%
3Y Avg
4.79%
5Y Avg
4.79%
Market Cap
$943.98M
Return on Invested Capital (ROIC)
-40.65%
TTM Avg
-61.69%
3Y Avg
-167.34%
5Y Avg
-132.09%
Market Cap
$948.56M
Return on Invested Capital (ROIC)
3.25%
TTM Avg
3.06%
3Y Avg
2.91%
5Y Avg
3.41%
Market Cap
$964.90M
Return on Invested Capital (ROIC)
-19.20%
TTM Avg
-26.94%
3Y Avg
-34.69%
5Y Avg
-36.97%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Willis Lease Finance Corporation (WLFC) | $906.03M | 3.85% | 3.06% | 2.69% | 1.68% |
| Kforce Inc. (KFRC)vs › | $907.63M | 13.34% | 17.96% | 23.36% | 22.18% |
| Cryoport, Inc. (CYRX)vs › | $897.16M | -5.49% | -11.33% | -6.99% | -5.90% |
| Nano Nuclear Energy Inc. (NNE)vs › | $885.48M | -8.35% | -26.08% | -48.01% | -48.01% |
| Heartland Express, Inc. (HTLD)vs › | $877.96M | -4.63% | -3.98% | -0.88% | 2.28% |
| Aebi Schmidt Holding AG (AEBI)vs › | $877.37M | 3.84% | 4.99% | 4.79% | 4.79% |
| Eos Energy Enterprises, Inc. (EOSE)vs › | $943.98M | -40.65% | -61.69% | -167.34% | -132.09% |
| Astec Industries, Inc. (ASTE)vs › | $948.56M | 3.25% | 3.06% | 2.91% | 3.41% |
| Red Cat Holdings, Inc. (RCAT)vs › | $964.90M | -19.20% | -26.94% | -34.69% | -36.97% |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $841.80M | -18.21% | -34.90% | -36.24% | -74.14% |
ROIC
3.8%
ROE
11.9%
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 | 3.85% |
| 2026-03-31 | 4.09% |
| 2025-12-31 | 2.62% |
| 2025-09-30 | 2.53% |
| 2025-06-30 | 2.22% |
| 2025-03-31 | 3.14% |
| 2024-12-31 | 3.23% |
| 2024-09-30 | 3.14% |
| 2024-06-30 | 2.92% |
| 2024-03-31 | 2.20% |
| 2023-12-31 | 1.64% |
| 2023-09-30 | 1.84% |
| 2023-06-30 | 1.54% |
| 2023-03-31 | 1.18% |
| 2022-12-31 | 0.22% |
| 2022-09-30 | -0.09% |
| 2022-06-30 | -0.21% |
| 2022-03-31 | -0.65% |
| 2021-12-31 | 0.19% |
| 2021-09-30 | -0.14% |
| 2021-06-30 | -0.19% |
| 2021-03-31 | 0.13% |
| 2020-12-31 | 0.34% |
| 2020-09-30 | 0.71% |
| 2020-06-30 | 1.63% |
| 2020-03-31 | 2.05% |
| 2019-12-31 | 3.37% |
| 2019-09-30 | 3.96% |
| 2019-06-30 | 3.25% |
| 2019-03-31 | 2.89% |
| 2018-12-31 | 2.14% |
| 2018-09-30 | 1.83% |
| 2018-06-30 | 1.57% |
| 2018-03-31 | 1.50% |
| 2017-12-31 | 1.83% |
| 2017-09-30 | 1.28% |
| 2017-06-30 | 1.34% |
| 2017-03-31 | 1.25% |
| 2016-12-31 | 0.97% |
| 2016-09-30 | 1.07% |
| 2016-06-30 | 0.99% |
| 2016-03-31 | 0.71% |
| 2015-12-31 | 0.56% |
| 2015-09-30 | 0.25% |
| 2015-06-30 | 0.14% |
| 2015-03-31 | 0.35% |
| 2014-12-31 | 0.52% |
| 2014-09-30 | 1.15% |
| 2014-06-30 | 0.91% |
| 2014-03-31 | 1.00% |
| 2013-12-31 | 0.66% |
| 2013-09-30 | -0.01% |
| 2013-06-30 | -0.70% |
| 2013-03-31 | -0.13% |
| 2012-12-31 | 0.05% |
| 2012-09-30 | 0.16% |
| 2012-06-30 | 1.06% |
| 2012-03-31 | 1.07% |
| 2011-12-31 | 1.23% |
| 2011-09-30 | 1.32% |
| 2011-06-30 | 1.27% |
| 2011-03-31 | 1.18% |
| 2010-12-31 | 1.03% |
| 2010-09-30 | 0.87% |
| 2010-06-30 | 1.35% |
| 2010-03-31 | 1.65% |
| 2009-12-31 | 2.00% |
| 2009-09-30 | 2.34% |
| 2009-06-30 | 2.48% |
| 2009-03-31 | 2.83% |
| 2008-12-31 | 2.69% |
| 2008-09-30 | 6.04% |
| 2008-06-30 | 5.34% |
| 2008-03-31 | 5.21% |
| 2007-12-31 | 5.98% |
| 2007-09-30 | 3.52% |
| 2007-06-30 | 3.46% |
| 2007-03-31 | 3.16% |
| 2006-12-31 | 1.74% |
| 2006-09-30 | 1.28% |
| 2006-06-30 | 1.86% |
| 2006-03-31 | 2.64% |
| 2005-12-31 | 3.46% |
| 2005-09-30 | 3.42% |
| 2005-06-30 | 3.34% |
| 2005-03-31 | 3.01% |
| 2004-12-31 | 2.91% |
| 2004-09-30 | 2.91% |
| 2004-06-30 | 2.94% |
| 2004-03-31 | 3.07% |
| 2003-12-31 | 2.95% |
| 2003-09-30 | 3.47% |
| 2003-06-30 | 3.62% |