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 1.72% is 54% below its 5-year average of 3.74%, near the low end of its 5-year range (1.70%–7.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.65% below its 12-month average of 1.97%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
1.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.47%
CURRENT VS TTM AVG
-12.65%
CURRENT VS 3Y AVG
-30.26%
CURRENT VS 5Y AVG
-54.03%
CURRENT VS 10Y AVG
-69.56%
CURRENT VS 15Y AVG
-64.53%
CURRENT VS 20Y AVG
-61.54%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
-82.02%
vs the sector median at left
Casella Waste Systems, Inc.
Market Cap
$5.82B
Return on Invested Capital (ROIC)
1.72%
TTM Avg
1.97%
3Y Avg
2.46%
5Y Avg
3.74%
Market Cap
$6.18B
Return on Invested Capital (ROIC)
21.54%
TTM Avg
18.61%
3Y Avg
19.25%
5Y Avg
19.25%
Market Cap
$6.40B
Return on Invested Capital (ROIC)
11.51%
TTM Avg
13.06%
3Y Avg
15.91%
5Y Avg
15.72%
Market Cap
$5.19B
Return on Invested Capital (ROIC)
4.40%
TTM Avg
5.73%
3Y Avg
5.27%
5Y Avg
5.52%
Market Cap
$4.99B
Return on Invested Capital (ROIC)
4.71%
TTM Avg
3.02%
3Y Avg
2.35%
5Y Avg
2.58%
Market Cap
$6.72B
Return on Invested Capital (ROIC)
10.16%
TTM Avg
9.94%
3Y Avg
13.30%
5Y Avg
14.90%
Market Cap
$6.78B
Return on Invested Capital (ROIC)
14.64%
TTM Avg
16.56%
3Y Avg
19.89%
5Y Avg
22.25%
Market Cap
$6.81B
Return on Invested Capital (ROIC)
12.36%
TTM Avg
13.01%
3Y Avg
14.71%
5Y Avg
14.23%
Market Cap
$4.82B
Return on Invested Capital (ROIC)
18.21%
TTM Avg
9.12%
3Y Avg
10.21%
5Y Avg
10.99%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Casella Waste Systems, Inc. (CWST) | $5.82B | 1.72% | 1.97% | 2.46% | 3.74% |
| Everus Construction Group, Inc. (ECG)vs › | $6.18B | 21.54% | 18.61% | 19.25% | 19.25% |
| AAON, Inc. (AAON)vs › | $6.40B | 11.51% | 13.06% | 15.91% | 15.72% |
| UniFirst Corporation (UNF)vs › | $5.19B | 4.40% | 5.73% | 5.27% | 5.52% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.99B | 4.71% | 3.02% | 2.35% | 2.58% |
| Matson, Inc. (MATX)vs › | $6.72B | 10.16% | 9.94% | 13.30% | 14.90% |
| Pool Corporation (POOL)vs › | $6.78B | 14.64% | 16.56% | 19.89% | 22.25% |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $6.81B | 12.36% | 13.01% | 14.71% | 14.23% |
| MYR Group Inc. (MYRG)vs › | $4.82B | 18.21% | 9.12% | 10.21% | 10.99% |
| KBR, Inc. (KBR)vs › | $4.81B | 10.22% | 9.25% | 9.88% | 7.64% |
ROIC
1.7%
ROE
0.4%
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 | 1.72% |
| 2026-03-31 | 1.77% |
| 2025-12-31 | 1.70% |
| 2025-09-30 | 2.28% |
| 2025-06-30 | 2.37% |
| 2025-03-31 | 2.32% |
| 2024-12-31 | 2.19% |
| 2024-09-30 | 1.99% |
| 2024-06-30 | 2.85% |
| 2024-03-31 | 3.01% |
| 2023-12-31 | 3.17% |
| 2023-09-30 | 3.34% |
| 2023-06-30 | 3.33% |
| 2023-03-31 | 5.65% |
| 2022-12-31 | 5.62% |
| 2022-09-30 | 5.72% |
| 2022-06-30 | 5.35% |
| 2022-03-31 | 5.04% |
| 2021-12-31 | 5.07% |
| 2021-09-30 | 7.22% |
| 2021-06-30 | 6.81% |
| 2021-03-31 | 6.40% |
| 2020-12-31 | 6.08% |
| 2020-09-30 | 7.43% |
| 2020-06-30 | 7.26% |
| 2020-03-31 | 7.17% |
| 2019-12-31 | 7.17% |
| 2019-09-30 | 6.62% |
| 2019-06-30 | 7.15% |
| 2019-03-31 | 6.31% |
| 2018-12-31 | 8.31% |
| 2018-09-30 | 8.48% |
| 2018-06-30 | 8.87% |
| 2018-03-31 | 9.19% |
| 2017-12-31 | 9.93% |
| 2017-09-30 | 10.23% |
| 2017-06-30 | 9.84% |
| 2017-03-31 | 4.90% |
| 2016-12-31 | 8.12% |
| 2016-09-30 | 7.13% |
| 2016-06-30 | 6.38% |
| 2016-03-31 | 5.57% |
| 2015-12-31 | 5.63% |
| 2015-09-30 | 7.31% |
| 2015-06-30 | 6.79% |
| 2015-03-31 | 6.21% |
| 2014-12-31 | 5.78% |
| 2014-10-31 | 2.09% |
| 2014-07-31 | 2.03% |
| 2014-04-30 | 2.12% |
| 2014-01-31 | 3.42% |
| 2013-10-31 | 3.60% |
| 2013-07-31 | 2.80% |
| 2013-04-30 | 2.13% |
| 2013-01-31 | -4.82% |
| 2012-10-31 | -4.05% |
| 2012-07-31 | -2.89% |
| 2012-04-30 | -2.11% |
| 2012-01-31 | 4.00% |
| 2011-10-31 | 4.22% |
| 2011-07-31 | 4.55% |
| 2011-04-30 | 5.27% |
| 2011-01-31 | 6.82% |
| 2010-10-31 | 7.55% |
| 2010-07-31 | 7.53% |
| 2010-04-30 | 6.73% |
| 2010-01-31 | -2.59% |
| 2009-10-31 | -3.91% |
| 2009-07-31 | -3.62% |
| 2009-04-30 | -11.92% |
| 2009-01-31 | 5.19% |
| 2008-10-31 | 3.25% |
| 2008-07-31 | 5.96% |
| 2008-04-30 | 5.70% |
| 2008-01-31 | 2.10% |
| 2007-10-31 | 2.31% |
| 2007-07-31 | 2.49% |
| 2007-04-30 | 1.87% |
| 2007-01-31 | 3.03% |
| 2006-10-31 | 3.16% |
| 2006-07-31 | 3.50% |
| 2006-04-30 | 3.63% |
| 2006-01-31 | 3.21% |
| 2005-10-31 | 3.48% |
| 2005-07-31 | 3.67% |
| 2005-04-30 | 3.74% |
| 2005-01-31 | 3.38% |
| 2004-10-31 | 3.35% |
| 2004-07-31 | 5.79% |
| 2004-04-30 | 5.52% |
| 2004-01-31 | 4.50% |
| 2003-10-31 | 5.31% |
| 2003-07-31 | 3.91% |