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 9.38% is in line with its 5-year average of 9.37%, near the high end of its 5-year range (-3.27%–11.69%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.28% below its 12-month average of 10.12%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 9.38%.
RETURN ON INVESTED CAPITAL (ROIC)
9.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.18%
CURRENT VS TTM AVG
-7.28%
CURRENT VS 3Y AVG
-15.26%
CURRENT VS 5Y AVG
+0.10%
CURRENT VS 10Y AVG
+16.02%
CURRENT VS 15Y AVG
+11.23%
CURRENT VS 20Y AVG
+2.22%
SECTOR MEDIAN · INDUSTRIALS
3.48%
median of 424 covered companies
CURRENT VS SECTOR MEDIAN
+169.54%
vs the sector median at left
DXP Enterprises, Inc.
Market Cap
$3.00B
Return on Invested Capital (ROIC)
9.38%
TTM Avg
10.12%
3Y Avg
11.07%
5Y Avg
9.37%
Market Cap
$2.91B
Return on Invested Capital (ROIC)
8.06%
TTM Avg
8.29%
3Y Avg
7.67%
5Y Avg
7.73%
Market Cap
$2.87B
Return on Invested Capital (ROIC)
1.27%
TTM Avg
7.00%
3Y Avg
9.45%
5Y Avg
9.67%
Market Cap
$2.85B
Return on Invested Capital (ROIC)
11.34%
TTM Avg
11.53%
3Y Avg
9.15%
5Y Avg
9.95%
Market Cap
$3.20B
Return on Invested Capital (ROIC)
6.21%
TTM Avg
15.11%
3Y Avg
26.38%
5Y Avg
25.84%
Market Cap
$3.20B
Return on Invested Capital (ROIC)
3.42%
TTM Avg
1.11%
3Y Avg
2.58%
5Y Avg
2.08%
Market Cap
$3.32B
Return on Invested Capital (ROIC)
9.25%
TTM Avg
6.83%
3Y Avg
10.03%
5Y Avg
10.54%
Market Cap
$3.34B
Return on Invested Capital (ROIC)
18.49%
TTM Avg
13.96%
3Y Avg
14.96%
5Y Avg
17.01%
Market Cap
$2.65B
Return on Invested Capital (ROIC)
20.64%
TTM Avg
8.83%
3Y Avg
2.50%
5Y Avg
-2.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DXP Enterprises, Inc. (DXPE) | $3.00B | 9.38% | 10.12% | 11.07% | 9.37% |
| McGrath RentCorp (MGRC)vs › | $2.91B | 8.06% | 8.29% | 7.67% | 7.73% |
| ArcBest Corp (ARCB)vs › | $2.87B | 1.27% | 7.00% | 9.45% | 9.67% |
| Maximus, Inc. (MMS)vs › | $2.85B | 11.34% | 11.53% | 9.15% | 9.95% |
| Atkore Inc. (ATKR)vs › | $3.20B | 6.21% | 15.11% | 26.38% | 25.84% |
| First Advantage Corporation (FA)vs › | $3.20B | 3.42% | 1.11% | 2.58% | 2.08% |
| Star Bulk Carriers Corp. (SBLK)vs › | $3.32B | 9.25% | 6.83% | 10.03% | 10.54% |
| Exponent, Inc. (EXPO)vs › | $3.34B | 18.49% | 13.96% | 14.96% | 17.01% |
| Astronics Corporation (ATRO)vs › | $2.65B | 20.64% | 8.83% | 2.50% | -2.45% |
| Plug Power Inc. (PLUG)vs › | $2.62B | -30.72% | -50.51% | -36.76% | -34.08% |
ROIC
9.4%
ROE
17.2%
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 | 9.38% |
| 2026-03-31 | 9.21% |
| 2025-12-31 | 9.12% |
| 2025-09-30 | 11.26% |
| 2025-06-30 | 11.61% |
| 2025-03-31 | 11.35% |
| 2024-12-31 | 10.88% |
| 2024-09-30 | 11.69% |
| 2024-06-30 | 10.99% |
| 2024-03-31 | 11.04% |
| 2023-12-31 | 11.45% |
| 2023-09-30 | 11.51% |
| 2023-06-30 | 10.59% |
| 2023-03-31 | 9.57% |
| 2022-12-31 | 8.61% |
| 2022-09-30 | 7.59% |
| 2022-06-30 | 6.79% |
| 2022-03-31 | 6.34% |
| 2021-12-31 | 4.49% |
| 2021-09-30 | 3.93% |
| 2021-06-30 | -3.27% |
| 2021-03-31 | -4.33% |
| 2020-12-31 | -3.60% |
| 2020-09-30 | -2.68% |
| 2020-06-30 | 5.81% |
| 2020-03-31 | 7.47% |
| 2019-12-31 | 7.77% |
| 2019-09-30 | 9.08% |
| 2019-06-30 | 8.41% |
| 2019-03-31 | 8.25% |
| 2018-12-31 | 8.91% |
| 2018-09-30 | 8.53% |
| 2018-06-30 | 8.06% |
| 2018-03-31 | 6.87% |
| 2017-12-31 | 6.33% |
| 2017-09-30 | 4.89% |
| 2017-06-30 | 4.29% |
| 2017-03-31 | 4.69% |
| 2016-12-31 | 2.88% |
| 2016-09-30 | 1.39% |
| 2016-06-30 | -9.58% |
| 2014-12-31 | -1.42% |
| 2014-09-30 | 8.29% |
| 2014-06-30 | 7.78% |
| 2014-03-31 | 7.70% |
| 2012-12-31 | 11.72% |
| 2012-09-30 | 10.37% |
| 2012-06-30 | 11.76% |
| 2012-03-31 | 12.83% |
| 2011-12-31 | 12.35% |
| 2011-09-30 | 12.29% |
| 2011-06-30 | 11.63% |
| 2011-03-31 | 10.49% |
| 2010-12-31 | 9.37% |
| 2010-09-30 | -18.14% |
| 2010-06-30 | -20.62% |
| 2010-03-31 | -24.11% |
| 2009-12-31 | -23.98% |
| 2009-09-30 | 6.69% |
| 2009-06-30 | 7.92% |
| 2009-03-31 | 9.34% |
| 2008-12-31 | 9.57% |
| 2008-09-30 | 9.09% |
| 2008-06-30 | 10.88% |
| 2008-03-31 | 9.69% |
| 2007-12-31 | 9.11% |
| 2007-09-30 | 8.23% |
| 2007-06-30 | 14.01% |
| 2007-03-31 | 16.96% |
| 2006-12-31 | 16.74% |
| 2006-09-30 | 18.38% |
| 2006-06-30 | 13.86% |
| 2006-03-31 | 14.16% |
| 2005-12-31 | 12.92% |
| 2005-09-30 | 12.53% |
| 2005-06-30 | 13.98% |
| 2005-03-31 | 10.85% |
| 2004-12-31 | 11.23% |
| 2004-09-30 | 9.79% |
| 2004-06-30 | 10.12% |
| 2004-03-31 | 10.35% |
| 2003-12-31 | 9.88% |
| 2003-09-30 | 8.67% |
| 2003-06-30 | 7.72% |
