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 0.25% is 139% above its 5-year average of -0.65%, around the middle of its 5-year range (-3.25%–2.39%).
As of the fiscal period ended Friday, July 3, 2026. 295.20% above its 12-month average of -0.13%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-07-03): 0.25%.
RETURN ON INVESTED CAPITAL (ROIC)
0.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-0.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.15%
CURRENT VS TTM AVG
+295.20%
CURRENT VS 3Y AVG
+115.44%
CURRENT VS 5Y AVG
+138.98%
CURRENT VS 10Y AVG
-86.82%
CURRENT VS 15Y AVG
-84.65%
CURRENT VS 20Y AVG
-78.06%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-92.26%
vs the sector median at left
Mercury Systems, Inc.
Market Cap
$4.97B
Return on Invested Capital (ROIC)
0.25%
TTM Avg
-0.13%
3Y Avg
-1.63%
5Y Avg
-0.65%
Market Cap
$5.05B
Return on Invested Capital (ROIC)
18.21%
TTM Avg
9.12%
3Y Avg
10.21%
5Y Avg
10.99%
Market Cap
$5.14B
Return on Invested Capital (ROIC)
1.72%
TTM Avg
1.94%
3Y Avg
3.17%
5Y Avg
3.99%
Market Cap
$4.79B
Return on Invested Capital (ROIC)
-2.41%
TTM Avg
8.47%
3Y Avg
8.00%
5Y Avg
8.27%
Market Cap
$4.77B
Return on Invested Capital (ROIC)
3.68%
TTM Avg
3.40%
3Y Avg
3.71%
5Y Avg
3.71%
Market Cap
$4.73B
Return on Invested Capital (ROIC)
2.83%
TTM Avg
5.41%
3Y Avg
5.58%
5Y Avg
4.90%
Market Cap
$5.29B
Return on Invested Capital (ROIC)
10.80%
TTM Avg
7.11%
3Y Avg
5.29%
5Y Avg
1.86%
Market Cap
$5.31B
Return on Invested Capital (ROIC)
7.64%
TTM Avg
6.78%
3Y Avg
5.45%
5Y Avg
5.53%
Market Cap
$4.61B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercury Systems, Inc. (MRCY) | $4.97B | 0.25% | -0.13% | -1.63% | -0.65% |
| MYR Group Inc. (MYRG)vs › | $5.05B | 18.21% | 9.12% | 10.21% | 10.99% |
| Casella Waste Systems, Inc. (CWST)vs › | $5.14B | 1.72% | 1.94% | 3.17% | 3.99% |
| The Middleby Corporation (MIDD)vs › | $4.79B | -2.41% | 8.47% | 8.00% | 8.27% |
| EquipmentShare.com Inc. (EQPT)vs › | $4.77B | 3.68% | 3.40% | 3.71% | 3.71% |
| VSE Corporation (VSEC)vs › | $4.73B | 2.83% | 5.41% | 5.58% | 4.90% |
| Granite Construction Incorporated (GVA)vs › | $5.29B | 10.80% | 7.11% | 5.29% | 1.86% |
| Construction Partners, Inc. (ROAD)vs › | $5.31B | 7.64% | 6.78% | 5.45% | 5.53% |
| Primoris Services Corporation (PRIM)vs › | $4.61B | 5.72% | 9.67% | 8.23% | 8.22% |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 4.71% | 3.02% | 2.35% | 2.58% |
ROIC
0.3%
ROE
-2.0%
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 | 0.25% |
| 2026-03-27 | 0.54% |
| 2025-12-26 | -0.61% |
| 2025-09-26 | -0.69% |
| 2025-06-27 | -0.92% |
| 2025-03-28 | -2.41% |
| 2024-12-27 | -2.22% |
| 2024-09-27 | -2.00% |
| 2024-06-30 | -3.24% |
| 2024-03-29 | -3.25% |
| 2023-12-29 | -2.49% |
| 2023-09-29 | -2.49% |
| 2023-06-30 | -1.00% |
| 2023-03-31 | 0.69% |
| 2022-12-30 | 0.58% |
| 2022-09-30 | 0.76% |
| 2022-06-30 | 0.92% |
| 2022-04-01 | 0.92% |
| 2021-12-31 | 1.39% |
| 2021-10-01 | 2.39% |
| 2021-06-30 | 3.61% |
| 2021-04-02 | 4.19% |
| 2021-01-01 | 4.49% |
| 2020-10-02 | 5.33% |
| 2020-06-30 | 5.72% |
| 2020-03-27 | 4.76% |
| 2019-12-27 | 5.23% |
| 2019-09-27 | 5.28% |
| 2019-06-30 | 4.56% |
| 2019-03-31 | 4.63% |
| 2018-12-31 | 3.76% |
| 2018-09-30 | 3.37% |
| 2018-06-30 | 4.54% |
| 2018-03-31 | 4.20% |
| 2017-12-31 | 6.04% |
| 2017-09-30 | 5.89% |
| 2017-06-30 | 4.03% |
| 2017-03-31 | 3.02% |
| 2016-12-31 | 3.42% |
| 2016-09-30 | 3.19% |
| 2016-06-30 | 2.76% |
| 2016-03-31 | 4.59% |
| 2015-12-31 | 4.74% |
| 2015-09-30 | 4.26% |
| 2015-06-30 | 3.95% |
| 2015-03-31 | 2.04% |
| 2014-12-31 | 0.46% |
| 2014-09-30 | -0.99% |
| 2014-06-30 | -2.37% |
| 2014-03-31 | -3.45% |
| 2013-12-31 | -3.31% |
| 2013-09-30 | -4.79% |
| 2013-06-30 | -6.89% |
| 2013-03-31 | -3.96% |
| 2012-12-31 | -1.50% |
| 2012-09-30 | 3.30% |
| 2012-06-30 | 6.15% |
| 2012-03-31 | 5.89% |
| 2011-12-31 | 6.01% |
| 2011-09-30 | 5.09% |
| 2011-06-30 | 5.45% |
| 2011-03-31 | 9.03% |
| 2010-12-31 | 10.90% |
| 2010-09-30 | 9.24% |
| 2010-06-30 | 9.40% |
| 2010-03-31 | 5.84% |
| 2009-12-31 | 6.89% |
| 2009-09-30 | -2.23% |
| 2009-06-30 | -5.69% |
| 2009-03-31 | -18.91% |
| 2008-12-31 | -15.62% |
| 2008-09-30 | -12.82% |
| 2008-06-30 | -13.34% |
| 2008-03-31 | -8.79% |
| 2007-12-31 | -9.21% |
| 2007-09-30 | -9.73% |
| 2007-06-30 | -13.18% |
| 2007-03-31 | -9.22% |
| 2006-12-31 | -13.95% |
| 2006-09-30 | -11.36% |
| 2006-06-30 | -5.74% |
| 2006-03-31 | -1.72% |
| 2005-12-31 | 6.22% |
| 2005-09-30 | 7.94% |
| 2005-06-30 | 8.88% |
| 2005-03-31 | 9.16% |
| 2004-12-31 | 8.60% |
| 2004-09-30 | 7.75% |
| 2004-06-30 | 7.02% |
| 2004-03-31 | 9.18% |
| 2003-12-31 | 9.49% |
| 2003-09-30 | 10.70% |
| 2003-06-30 | 10.75% |
