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 -8.15% is 5008% below its 5-year average of -0.16%, near the low end of its 5-year range (-8.15%–6.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 122.06% below its 12-month average of -3.67%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -8.15%.
RETURN ON INVESTED CAPITAL (ROIC)
-8.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-3.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
0.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.51%
CURRENT VS TTM AVG
-122.06%
CURRENT VS 3Y AVG
-925.09%
CURRENT VS 5Y AVG
-5008.35%
CURRENT VS 10Y AVG
-862.86%
CURRENT VS 15Y AVG
-255.58%
CURRENT VS 20Y AVG
-208.61%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-185.34%
vs the sector median at left
Fluor Corporation
Market Cap
$7.16B
Return on Invested Capital (ROIC)
-8.15%
TTM Avg
-3.67%
3Y Avg
0.99%
5Y Avg
-0.16%
Market Cap
$7.01B
Return on Invested Capital (ROIC)
22.63%
TTM Avg
26.38%
3Y Avg
17.25%
5Y Avg
12.41%
Market Cap
$6.87B
Return on Invested Capital (ROIC)
14.80%
TTM Avg
13.96%
3Y Avg
12.41%
5Y Avg
11.42%
Market Cap
$6.85B
Return on Invested Capital (ROIC)
11.51%
TTM Avg
13.06%
3Y Avg
15.91%
5Y Avg
15.72%
Market Cap
$6.81B
Return on Invested Capital (ROIC)
10.16%
TTM Avg
9.94%
3Y Avg
13.30%
5Y Avg
14.90%
Market Cap
$6.70B
Return on Invested Capital (ROIC)
12.36%
TTM Avg
13.01%
3Y Avg
14.71%
5Y Avg
14.23%
Market Cap
$7.64B
Return on Invested Capital (ROIC)
12.33%
TTM Avg
11.82%
3Y Avg
9.11%
5Y Avg
8.12%
Market Cap
$6.43B
Return on Invested Capital (ROIC)
13.39%
TTM Avg
12.63%
3Y Avg
11.22%
5Y Avg
9.49%
Market Cap
$7.94B
Return on Invested Capital (ROIC)
-0.22%
TTM Avg
1.44%
3Y Avg
-3.59%
5Y Avg
-1.75%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fluor Corporation (FLR) | $7.16B | -8.15% | -3.67% | 0.99% | -0.16% |
| Powell Industries, Inc. (POWL)vs › | $7.01B | 22.63% | 26.38% | 17.25% | 12.41% |
| Federal Signal Corporation (FSS)vs › | $6.87B | 14.80% | 13.96% | 12.41% | 11.42% |
| AAON, Inc. (AAON)vs › | $6.85B | 11.51% | 13.06% | 15.91% | 15.72% |
| Matson, Inc. (MATX)vs › | $6.81B | 10.16% | 9.94% | 13.30% | 14.90% |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $6.70B | 12.36% | 13.01% | 14.71% | 14.23% |
| Aecom (ACM)vs › | $7.64B | 12.33% | 11.82% | 9.11% | 8.12% |
| EnerSys (ENS)vs › | $6.43B | 13.39% | 12.63% | 11.22% | 9.49% |
| AeroVironment, Inc. (AVAV)vs › | $7.94B | -0.22% | 1.44% | -3.59% | -1.75% |
| A. O. Smith Corporation (AOS)vs › | $8.01B | 18.44% | 23.57% | 24.93% | 22.50% |
ROIC
-8.2%
ROE
-74.3%
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 | -8.15% |
| 2026-03-31 | -6.30% |
| 2025-12-31 | -4.28% |
| 2025-09-30 | -2.27% |
| 2025-06-30 | 2.65% |
| 2025-03-31 | 6.93% |
| 2024-12-31 | 5.84% |
| 2024-09-30 | 3.37% |
| 2024-06-30 | 6.01% |
| 2024-03-31 | 4.97% |
| 2023-12-31 | 2.11% |
| 2023-09-30 | 2.59% |
| 2023-06-30 | -0.60% |
| 2023-03-31 | -0.43% |
| 2022-12-31 | 0.26% |
| 2022-09-30 | -2.15% |
| 2022-06-30 | -0.57% |
| 2022-03-31 | -6.25% |
| 2021-12-31 | -4.45% |
| 2021-09-30 | -0.94% |
| 2021-06-30 | -1.67% |
| 2021-03-31 | 1.12% |
| 2020-12-31 | 0.67% |
| 2020-09-30 | 0.51% |
| 2020-06-30 | 0.90% |
| 2020-03-31 | -13.27% |
| 2019-12-31 | -11.00% |
| 2019-09-30 | -5.64% |
| 2019-06-30 | -3.71% |
| 2019-03-31 | 5.13% |
| 2018-12-31 | 5.66% |
| 2018-09-30 | 5.60% |
| 2018-06-30 | 6.19% |
| 2018-03-31 | 3.69% |
| 2017-12-31 | 5.05% |
| 2017-09-30 | 4.96% |
| 2017-06-30 | 3.43% |
| 2017-03-31 | 5.78% |
| 2016-12-31 | 6.55% |
| 2016-09-30 | 4.58% |
| 2016-06-30 | 6.66% |
| 2016-03-31 | 7.42% |
| 2015-12-31 | 9.67% |
| 2015-09-30 | 15.13% |
| 2015-06-30 | 16.68% |
| 2015-03-31 | 17.31% |
| 2014-12-31 | 17.58% |
| 2014-09-30 | 16.97% |
| 2014-06-30 | 16.48% |
| 2014-03-31 | 16.65% |
| 2013-12-31 | 16.81% |
| 2013-09-30 | 13.69% |
| 2013-06-30 | 13.40% |
| 2013-03-31 | 13.42% |
| 2012-12-31 | 12.96% |
| 2012-09-30 | 14.94% |
| 2012-06-30 | 15.17% |
| 2012-03-31 | 15.18% |
| 2011-12-31 | 15.43% |
| 2011-09-30 | 14.46% |
| 2011-06-30 | 10.85% |
| 2011-03-31 | 10.76% |
| 2010-12-31 | 10.33% |
| 2010-09-30 | 10.87% |
| 2010-06-30 | 15.74% |
| 2010-03-31 | 16.04% |
| 2009-12-31 | 18.15% |
| 2009-09-30 | 19.35% |
| 2009-06-30 | 20.03% |
| 2009-03-31 | 20.71% |
| 2008-12-31 | 18.88% |
| 2008-09-30 | 19.71% |
| 2008-06-30 | 16.89% |
| 2008-03-31 | 16.40% |
| 2007-12-31 | 15.42% |
| 2007-09-30 | 10.37% |
| 2007-06-30 | 8.85% |
| 2007-03-31 | 8.58% |
| 2006-12-31 | 9.17% |
| 2006-09-30 | 8.59% |
| 2006-06-30 | 13.56% |
| 2006-03-31 | 10.88% |
| 2005-12-31 | 8.64% |
| 2005-09-30 | 8.69% |
| 2005-06-30 | 5.23% |
| 2005-03-31 | 7.67% |
| 2004-12-31 | 7.89% |
| 2004-09-30 | 9.16% |
| 2004-06-30 | 9.09% |
| 2004-03-31 | 9.17% |
| 2003-12-31 | 9.63% |
| 2003-09-30 | 10.41% |
| 2003-06-30 | 10.76% |
