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 10.51% is 30% above its 5-year average of 8.10%, near the low end of its 5-year range (6.69%–20.36%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.77% above its 12-month average of 9.16%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 10.51%.
RETURN ON INVESTED CAPITAL (ROIC)
10.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.10%
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
+14.77%
CURRENT VS 3Y AVG
+29.40%
CURRENT VS 5Y AVG
+29.86%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+10.02%
vs the sector median at left
Leonardo DRS, Inc.
Market Cap
$9.92B
Return on Invested Capital (ROIC)
10.51%
TTM Avg
9.16%
3Y Avg
8.12%
5Y Avg
8.10%
Market Cap
$9.29B
Return on Invested Capital (ROIC)
8.47%
TTM Avg
10.47%
3Y Avg
13.84%
5Y Avg
13.87%
Market Cap
$9.18B
Return on Invested Capital (ROIC)
15.99%
TTM Avg
18.77%
3Y Avg
14.79%
5Y Avg
14.49%
Market Cap
$10.68B
Return on Invested Capital (ROIC)
5.32%
TTM Avg
4.81%
3Y Avg
5.62%
5Y Avg
6.51%
Market Cap
$9.03B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
17.06%
3Y Avg
12.91%
5Y Avg
11.95%
Market Cap
$8.86B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$8.81B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$8.45B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
10.48%
3Y Avg
14.32%
5Y Avg
13.46%
Market Cap
$11.68B
Return on Invested Capital (ROIC)
10.04%
TTM Avg
11.46%
3Y Avg
8.25%
5Y Avg
7.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leonardo DRS, Inc. (DRS) | $9.92B | 10.51% | 9.16% | 8.12% | 8.10% |
| Saia, Inc. (SAIA)vs › | $9.29B | 8.47% | 10.47% | 13.84% | 13.87% |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $9.18B | 15.99% | 18.77% | 14.79% | 14.49% |
| Huntington Ingalls Industries, Inc. (HII)vs › | $10.68B | 5.32% | 4.81% | 5.62% | 6.51% |
| Valmont Industries, Inc. (VMI)vs › | $9.03B | 19.68% | 17.06% | 12.91% | 11.95% |
| Pentair plc (PNR)vs › | $8.86B | 11.73% | 12.52% | 11.98% | 12.38% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.81B | 0.49% | 0.96% | 0.74% | 1.04% |
| AGCO Corporation (AGCO)vs › | $8.45B | 6.52% | 10.48% | 14.32% | 13.46% |
| Crane Company (CR)vs › | $11.68B | 10.04% | 11.46% | 8.25% | 7.23% |
| A. O. Smith Corporation (AOS)vs › | $8.06B | 18.44% | 23.57% | 24.93% | 22.50% |
ROIC
10.5%
ROE
11.5%
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 | 10.51% |
| 2026-03-31 | 9.59% |
| 2025-12-31 | 8.44% |
| 2025-09-30 | 8.80% |
| 2025-06-30 | 8.45% |
| 2025-03-31 | 8.19% |
| 2024-12-31 | 7.64% |
| 2024-09-30 | 7.39% |
| 2024-06-30 | 7.37% |
| 2024-03-31 | 7.43% |
| 2023-12-31 | 6.97% |
| 2023-09-30 | 6.69% |
| 2023-06-30 | 14.69% |
| 2023-03-31 | 14.07% |
| 2022-12-31 | 16.25% |
| 2022-09-30 | 20.36% |
| 2022-06-30 | 8.02% |
| 2022-03-31 | 8.16% |
| 2021-12-31 | 8.57% |
| 2021-09-30 | 8.09% |
| 2021-06-30 | 7.29% |
| 2021-03-31 | 6.75% |
| 2020-12-31 | 6.75% |
