Basis: Trailing twelve months (TTM). 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 12.33% is 38% above its 5-year average of 8.91%, near the high end of its 5-year range (4.37%–13.54%).
4.30% below its 12-month average of 12.88%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-03-31): 12.71%.
RETURN ON INVESTED CAPITAL (ROIC)
12.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.96%
CURRENT VS TTM AVG
-4.30%
CURRENT VS 3Y AVG
+27.66%
CURRENT VS 5Y AVG
+38.43%
CURRENT VS 10Y AVG
+76.63%
CURRENT VS 15Y AVG
+92.92%
CURRENT VS 20Y AVG
+77.26%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+29.04%
vs the sector median at left
Aecom
Market Cap
$8.30B
Return on Invested Capital (ROIC)
12.33%
TTM Avg
12.88%
3Y Avg
9.66%
5Y Avg
8.91%
Market Cap
$8.56B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
10.48%
3Y Avg
14.32%
5Y Avg
13.46%
Market Cap
$7.95B
Return on Invested Capital (ROIC)
18.44%
TTM Avg
23.57%
3Y Avg
24.93%
5Y Avg
22.50%
Market Cap
$7.76B
Return on Invested Capital (ROIC)
-0.22%
TTM Avg
1.44%
3Y Avg
-3.59%
5Y Avg
-1.75%
Market Cap
$8.92B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$8.97B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$9.12B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
17.06%
3Y Avg
12.91%
5Y Avg
11.95%
Market Cap
$7.47B
Return on Invested Capital (ROIC)
-8.15%
TTM Avg
0.87%
3Y Avg
1.73%
5Y Avg
-0.04%
Market Cap
$9.36B
Return on Invested Capital (ROIC)
8.47%
TTM Avg
10.47%
3Y Avg
13.84%
5Y Avg
13.87%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aecom (ACM) | $8.30B | 12.33% | 12.88% | 9.66% | 8.91% |
| AGCO Corporation (AGCO)vs › | $8.56B | 6.52% | 10.48% | 14.32% | 13.46% |
| A. O. Smith Corporation (AOS)vs › | $7.95B | 18.44% | 23.57% | 24.93% | 22.50% |
| AeroVironment, Inc. (AVAV)vs › | $7.76B | -0.22% | 1.44% | -3.59% | -1.75% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.92B | 0.49% | 0.96% | 0.74% | 1.04% |
| Pentair plc (PNR)vs › | $8.97B | 11.73% | 12.52% | 11.98% | 12.38% |
| Valmont Industries, Inc. (VMI)vs › | $9.12B | 19.68% | 17.06% | 12.91% | 11.95% |
| Fluor Corporation (FLR)vs › | $7.47B | -8.15% | 0.87% | 1.73% | -0.04% |
| Saia, Inc. (SAIA)vs › | $9.36B | 8.47% | 10.47% | 13.84% | 13.87% |
| Matson, Inc. (MATX)vs › | $7.16B | 10.16% | 9.94% | 13.30% | 14.90% |
ROIC
12.3%
ROE
13.1%
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) |
|---|---|
| 2026-03-31 | 12.71% |
| 2026-01-02 | 12.53% |
| 2025-09-30 | 12.33% |
| 2025-06-30 | 13.54% |
| 2025-03-31 | 13.31% |
| 2024-12-31 | 12.64% |
| 2024-09-30 | 11.32% |
| 2024-06-30 | 8.90% |
| 2024-03-31 | 4.59% |
| 2023-12-31 | 4.59% |
| 2023-09-30 | 4.37% |
| 2023-06-30 | 5.51% |
| 2023-03-31 | 9.23% |
| 2022-12-31 | 7.86% |
| 2022-09-30 | 8.42% |
| 2022-06-30 | 7.89% |
| 2022-03-31 | 8.04% |
| 2021-12-31 | 8.84% |
| 2021-09-30 | 7.86% |
| 2021-06-30 | 6.54% |
| 2021-03-31 | 6.03% |
| 2020-12-31 | 5.42% |
| 2020-09-30 | 4.42% |
| 2020-06-30 | -1.42% |
| 2020-03-31 | -1.35% |
| 2019-12-31 | -1.11% |
| 2019-09-30 | -1.90% |
| 2019-06-28 | 4.62% |
| 2018-06-29 | 4.55% |
| 2017-06-30 | 6.37% |
| 2017-03-31 | 5.19% |
| 2016-12-30 | 5.33% |
| 2016-09-30 | 4.30% |
| 2015-06-30 | 1.41% |
| 2015-04-03 | 1.92% |
| 2015-01-02 | 1.38% |
| 2014-09-30 | 6.99% |
| 2014-06-30 | 7.30% |
| 2014-03-31 | 7.43% |
| 2013-12-31 | 7.71% |
| 2013-09-30 | 7.39% |
| 2013-06-30 | 0.84% |
| 2013-03-31 | 0.66% |
| 2012-12-31 | 0.56% |
| 2012-09-30 | 0.79% |
| 2012-06-30 | 7.11% |
| 2012-03-31 | 6.89% |
| 2011-12-31 | 7.21% |
| 2011-09-30 | 7.82% |
| 2011-06-30 | 6.94% |
| 2011-03-31 | 6.86% |
| 2010-12-31 | 6.89% |
| 2010-09-30 | 7.31% |
| 2010-06-30 | 9.64% |
| 2010-03-31 | 9.12% |
| 2009-12-31 | 8.94% |
| 2009-09-30 | 9.12% |
| 2009-06-30 | 8.93% |
| 2009-03-31 | 8.64% |
| 2008-12-31 | 8.27% |
| 2008-09-30 | 7.21% |
| 2008-06-30 | 7.92% |
| 2008-03-31 | 7.76% |
| 2007-12-31 | 7.23% |
| 2007-09-30 | 6.97% |
| 2007-06-30 | -98.81% |
| 2007-03-31 | -87.12% |
| 2006-12-31 | -42.14% |
| 2006-09-30 | 10.91% |
| 2005-09-30 | 12.38% |
