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 -7.72% is 13% above its 5-year average of -8.84%, around the middle of its 5-year range (-17.79%–-1.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.89% above its 12-month average of -10.56%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
-7.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-10.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-9.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-8.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.32%
CURRENT VS TTM AVG
+26.89%
CURRENT VS 3Y AVG
+15.75%
CURRENT VS 5Y AVG
+12.61%
CURRENT VS 10Y AVG
-3618.17%
CURRENT VS 15Y AVG
-295.99%
CURRENT VS 20Y AVG
-245.08%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-180.82%
vs the sector median at left
The Boeing Company
Market Cap
$166.55B
Return on Invested Capital (ROIC)
-7.72%
TTM Avg
-10.56%
3Y Avg
-9.17%
5Y Avg
-8.84%
Market Cap
$166.42B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
14.94%
3Y Avg
11.63%
5Y Avg
6.26%
Market Cap
$163.91B
Return on Invested Capital (ROIC)
9.09%
TTM Avg
13.05%
3Y Avg
11.55%
5Y Avg
10.10%
Market Cap
$171.36B
Return on Invested Capital (ROIC)
11.65%
TTM Avg
11.62%
3Y Avg
11.69%
5Y Avg
11.48%
Market Cap
$159.17B
Return on Invested Capital (ROIC)
12.41%
TTM Avg
17.58%
3Y Avg
13.72%
5Y Avg
9.91%
Market Cap
$180.73B
Return on Invested Capital (ROIC)
16.45%
TTM Avg
15.14%
3Y Avg
13.99%
5Y Avg
12.86%
Market Cap
$183.75B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
7.16%
3Y Avg
9.76%
5Y Avg
9.33%
Market Cap
$145.22B
Return on Invested Capital (ROIC)
14.46%
TTM Avg
9.09%
3Y Avg
-0.69%
5Y Avg
-2.26%
Market Cap
$194.71B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.24%
5Y Avg
9.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Boeing Company (BA) | $166.55B | -7.72% | -10.56% | -9.17% | -8.84% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $166.42B | 15.14% | 14.94% | 11.63% | 6.26% |
| Eaton Corporation plc (ETN)vs › | $163.91B | 9.09% | 13.05% | 11.55% | 10.10% |
| Union Pacific Corporation (UNP)vs › | $171.36B | 11.65% | 11.62% | 11.69% | 11.48% |
| Safran S.A. (SAFRY)vs › | $159.17B | 12.41% | 17.58% | 13.72% | 9.91% |
| ABB Ltd (ABBNY)vs › | $180.73B | 16.45% | 15.14% | 13.99% | 12.86% |
| Deere & Company (DE)vs › | $183.75B | 7.20% | 7.16% | 9.76% | 9.33% |
| Siemens Energy AG (SMEGF)vs › | $145.22B | 14.46% | 9.09% | -0.69% | -2.26% |
| Schneider Electric S.E. (SBGSY)vs › | $194.71B | 10.96% | 10.36% | 10.24% | 9.45% |
| Lockheed Martin Corporation (LMT)vs › | $123.74B | 20.07% | 16.86% | 18.35% | 18.91% |
ROIC
-7.7%
ROE
39.9%
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 | -7.72% |
| 2026-03-31 | -7.65% |
| 2025-12-31 | -6.72% |
| 2025-09-30 | -15.19% |
| 2025-06-30 | -15.53% |
| 2025-03-31 | -16.81% |
| 2024-12-31 | -17.79% |
| 2024-09-30 | -14.83% |
| 2024-06-30 | -3.34% |
| 2024-03-31 | -1.68% |
| 2023-12-31 | -1.67% |
| 2023-09-30 | -3.06% |
| 2023-06-30 | -7.17% |
| 2023-03-31 | -4.95% |
| 2022-12-31 | -6.76% |
| 2022-09-30 | -13.76% |
| 2022-06-30 | -7.53% |
| 2022-03-31 | -7.02% |
| 2021-12-31 | -5.02% |
| 2021-09-30 | -10.20% |
| 2021-06-30 | -11.17% |
| 2021-03-31 | -17.38% |
| 2020-12-31 | -19.20% |
| 2020-09-30 | -9.54% |
| 2020-06-30 | -7.18% |
| 2020-03-31 | -10.56% |
| 2019-12-31 | -4.53% |
| 2019-09-30 | 8.98% |
| 2019-06-30 | 13.73% |
| 2019-03-31 | 26.18% |
| 2018-12-31 | 27.73% |
| 2018-09-30 | 28.58% |
| 2018-06-30 | 26.56% |
| 2018-03-31 | 23.36% |
| 2017-12-31 | 22.62% |
| 2017-09-30 | 18.51% |
| 2017-06-30 | 19.74% |
| 2017-03-31 | 13.66% |
| 2016-12-31 | 12.74% |
| 2016-09-30 | 11.01% |
| 2016-06-30 | 9.57% |
| 2016-03-31 | 12.13% |
| 2015-12-31 | 11.90% |
| 2015-09-30 | 13.97% |
| 2015-06-30 | 13.38% |
| 2015-03-31 | 14.22% |
| 2014-12-31 | 13.14% |
| 2014-09-30 | 13.32% |
| 2014-06-30 | 12.82% |
| 2014-03-31 | 11.48% |
| 2013-12-31 | 11.30% |
| 2013-09-30 | 9.95% |
| 2013-06-30 | 9.68% |
| 2013-03-31 | 9.51% |
| 2012-12-31 | 9.19% |
| 2012-09-30 | 10.80% |
| 2012-06-30 | 11.25% |
| 2012-03-31 | 11.18% |
| 2011-12-31 | 10.61% |
| 2011-09-30 | 10.73% |
| 2011-06-30 | 10.81% |
| 2011-03-31 | 10.84% |
| 2010-12-31 | 10.70% |
| 2010-09-30 | 11.81% |
| 2010-06-30 | 4.28% |
| 2010-03-31 | 4.86% |
| 2009-12-31 | 5.41% |
| 2009-09-30 | 0.58% |
| 2009-06-30 | 8.70% |
| 2009-03-31 | 8.23% |
| 2008-12-31 | 11.21% |
| 2008-09-30 | 13.25% |
| 2008-06-30 | 14.35% |
| 2008-03-31 | 14.73% |
| 2007-12-31 | 13.71% |
| 2007-09-30 | 15.23% |
| 2007-06-30 | 14.08% |
| 2007-03-31 | 9.48% |
| 2006-12-31 | 8.87% |
| 2006-09-30 | 4.75% |
| 2006-06-30 | 5.76% |
| 2006-03-31 | 7.74% |
| 2005-12-31 | 7.73% |
| 2005-09-30 | 6.97% |
| 2005-06-30 | 5.78% |
| 2005-03-31 | 5.45% |
| 2004-12-31 | 5.41% |
| 2004-09-30 | 7.00% |
| 2004-06-30 | 6.42% |
| 2004-03-31 | 4.30% |
| 2003-12-31 | 1.19% |
| 2003-09-30 | 1.24% |
| 2003-07-30 | 1.97% |
