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 3.99% is 221% above its 5-year average of 1.24%, near the high end of its 5-year range (-1.68%–4.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.29% above its 12-month average of 3.79%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.99%.
RETURN ON INVESTED CAPITAL (ROIC)
3.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.24%
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
+5.29%
CURRENT VS 3Y AVG
+212.96%
CURRENT VS 5Y AVG
+220.92%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
4.44%
median of 372 covered companies
CURRENT VS SECTOR MEDIAN
-10.07%
vs the sector median at left
Bowman Consulting Group Ltd.
Market Cap
$748.80M
Return on Invested Capital (ROIC)
3.99%
TTM Avg
3.79%
3Y Avg
1.27%
5Y Avg
1.24%
Market Cap
$734.77M
Return on Invested Capital (ROIC)
-104.09%
TTM Avg
-56.50%
3Y Avg
-51.91%
5Y Avg
-43.17%
Market Cap
$763.81M
Return on Invested Capital (ROIC)
9.99%
TTM Avg
12.13%
3Y Avg
12.04%
5Y Avg
10.27%
Market Cap
$771.33M
Return on Invested Capital (ROIC)
N/A
TTM Avg
6.36%
3Y Avg
8.84%
5Y Avg
7.52%
Market Cap
$704.53M
Return on Invested Capital (ROIC)
-5.77%
TTM Avg
8.29%
3Y Avg
8.29%
5Y Avg
8.29%
Market Cap
$699.29M
Return on Invested Capital (ROIC)
1.41%
TTM Avg
1.45%
3Y Avg
1.37%
5Y Avg
2.28%
Market Cap
$800.86M
Return on Invested Capital (ROIC)
-18.22%
TTM Avg
-19.70%
3Y Avg
-15.19%
5Y Avg
-13.63%
Market Cap
$686.00M
Return on Invested Capital (ROIC)
4.93%
TTM Avg
5.00%
3Y Avg
5.60%
5Y Avg
6.32%
Market Cap
$817.63M
Return on Invested Capital (ROIC)
19.58%
TTM Avg
5.79%
3Y Avg
3.14%
5Y Avg
-8.70%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bowman Consulting Group Ltd. (BWMN) | $748.80M | 3.99% | 3.79% | 1.27% | 1.24% |
| ADS-TEC Energy PLC (ADSE)vs › | $734.77M | -104.09% | -56.50% | -51.91% | -43.17% |
| Barrett Business Services, Inc. (BBSI)vs › | $763.81M | 9.99% | 12.13% | 12.04% | 10.27% |
| LSI Industries Inc. (LYTS)vs › | $771.33M | N/A | 6.36% | 8.84% | 7.52% |
| Elmet Group Co. (ELMT)vs › | $704.53M | -5.77% | 8.29% | 8.29% | 8.29% |
| Cass Information Systems, Inc. (CASS)vs › | $699.29M | 1.41% | 1.45% | 1.37% | 2.28% |
| PureCycle Technologies, Inc. (PCT)vs › | $800.86M | -18.22% | -19.70% | -15.19% | -13.63% |
| Kimball Electronics, Inc. (KE)vs › | $686.00M | 4.93% | 5.00% | 5.60% | 6.32% |
| Paysign, Inc. (PAYS)vs › | $817.63M | 19.58% | 5.79% | 3.14% | -8.70% |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $829.21M | -18.21% | -34.90% | -36.24% | -74.14% |
ROIC
4.0%
ROE
2.8%
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 | 3.99% |
| 2026-03-31 | 4.47% |
| 2025-12-31 | 3.88% |
| 2025-09-30 | 3.97% |
| 2025-06-30 | 2.63% |
| 2025-03-31 | 0.40% |
| 2024-12-31 | -0.47% |
| 2024-09-30 | -1.68% |
| 2024-06-30 | -1.44% |
| 2024-03-31 | -1.38% |
| 2023-12-31 | -0.20% |
| 2023-09-30 | 1.26% |
| 2023-06-30 | 1.15% |
| 2023-03-31 | 2.20% |
| 2022-12-31 | 2.59% |
| 2022-09-30 | 2.00% |
| 2022-06-30 | 0.90% |
| 2022-03-31 | 0.39% |
| 2021-12-31 | 0.15% |
| 2021-09-30 | 1.71% |
| 2021-06-30 | -0.40% |
| 2021-03-31 | 3.06% |
| 2020-12-31 | 2.27% |
