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 18.49% is 12% above its 5-year average of 16.56%, around the middle of its 5-year range (13.29%–25.95%).
As of the fiscal period ended Friday, July 3, 2026. 23.69% above its 12-month average of 14.95%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
18.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
16.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
15.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
15.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
14.47%
CURRENT VS TTM AVG
+23.69%
CURRENT VS 3Y AVG
+23.47%
CURRENT VS 5Y AVG
+11.69%
CURRENT VS 10Y AVG
+17.93%
CURRENT VS 15Y AVG
+22.76%
CURRENT VS 20Y AVG
+27.78%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
+93.52%
vs the sector median at left
Exponent, Inc.
Market Cap
$3.45B
Return on Invested Capital (ROIC)
18.49%
TTM Avg
14.95%
3Y Avg
14.98%
5Y Avg
16.56%
Market Cap
$3.17B
Return on Invested Capital (ROIC)
-30.72%
TTM Avg
-50.51%
3Y Avg
-36.76%
5Y Avg
-34.08%
Market Cap
$3.06B
Return on Invested Capital (ROIC)
17.97%
TTM Avg
15.37%
3Y Avg
19.26%
5Y Avg
11.99%
Market Cap
$3.91B
Return on Invested Capital (ROIC)
6.87%
TTM Avg
6.04%
3Y Avg
4.79%
5Y Avg
4.02%
Market Cap
$2.91B
Return on Invested Capital (ROIC)
-36.27%
TTM Avg
-46.13%
3Y Avg
-91.75%
5Y Avg
-348.52%
Market Cap
$4.17B
Return on Invested Capital (ROIC)
7.00%
TTM Avg
6.70%
3Y Avg
8.80%
5Y Avg
10.34%
Market Cap
$4.18B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
Market Cap
$2.35B
Return on Invested Capital (ROIC)
3.08%
TTM Avg
4.04%
3Y Avg
4.00%
5Y Avg
2.75%
Market Cap
$2.31B
Return on Invested Capital (ROIC)
0.61%
TTM Avg
2.31%
3Y Avg
4.46%
5Y Avg
6.01%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Exponent, Inc. (EXPO) | $3.45B | 18.49% | 14.95% | 14.98% | 16.56% |
| Plug Power Inc. (PLUG)vs › | $3.17B | -30.72% | -50.51% | -36.76% | -34.08% |
| Teekay Tankers Ltd. (TNK)vs › | $3.06B | 17.97% | 15.37% | 19.26% | 11.99% |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.91B | 6.87% | 6.04% | 4.79% | 4.02% |
| NuScale Power Corporation (SMR)vs › | $2.91B | -36.27% | -46.13% | -91.75% | -348.52% |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $4.17B | 7.00% | 6.70% | 8.80% | 10.34% |
| Primoris Services Corporation (PRIM)vs › | $4.18B | 5.72% | 9.67% | 8.23% | 8.22% |
| Trinity Industries, Inc. (TRN)vs › | $2.35B | 3.08% | 4.04% | 4.00% | 2.75% |
| Werner Enterprises, Inc. (WERN)vs › | $2.31B | 0.61% | 2.31% | 4.46% | 6.01% |
| KBR, Inc. (KBR)vs › | $4.81B | 10.22% | 9.25% | 9.88% | 7.64% |
ROIC
18.5%
ROE
38.7%
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) |
|---|---|
| 2026-07-03 | 18.49% |
| 2026-04-03 | 15.17% |
| 2026-01-02 | 13.67% |
| 2025-10-03 | 14.10% |
| 2025-07-04 | 13.32% |
| 2025-04-04 | 15.35% |
| 2025-01-03 | 14.40% |
| 2024-09-27 | 13.29% |
| 2024-06-28 | 14.96% |
| 2024-03-29 | 15.78% |
| 2023-12-29 | 16.22% |
| 2022-12-30 | 24.62% |
| 2022-09-30 | 25.95% |
| 2022-07-01 | 24.29% |
| 2022-04-01 | 18.60% |
| 2021-12-31 | 15.93% |
| 2021-10-01 | 16.70% |
| 2020-10-02 | 16.33% |
| 2018-12-28 | 19.11% |
| 2017-12-29 | 11.44% |
| 2016-12-30 | 13.15% |
| 2016-09-30 | 13.30% |
| 2015-10-02 | 13.92% |
| 2014-10-03 | 13.24% |
| 2012-12-28 | 14.26% |
| 2011-12-30 | 15.33% |
| 2011-09-30 | 15.47% |
| 2011-07-01 | 13.31% |
| 2011-04-01 | 12.80% |
| 2010-12-31 | 12.67% |
| 2010-10-01 | 12.57% |
| 2009-10-02 | 13.34% |
| 2007-12-28 | 13.09% |
| 2006-12-29 | 9.31% |
| 2005-12-30 | 9.27% |
| 2005-09-30 | 9.11% |
| 2005-07-01 | 9.42% |
| 2005-04-01 | 9.37% |
| 2004-12-31 | 9.54% |
| 2004-10-01 | 10.18% |
| 2003-10-03 | 9.73% |
