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 6.89% is 50% above its 5-year average of 4.61%, near the high end of its 5-year range (-1.81%–7.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.98% above its 12-month average of 6.69%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.89%.
RETURN ON INVESTED CAPITAL (ROIC)
6.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.07%
CURRENT VS TTM AVG
+2.98%
CURRENT VS 3Y AVG
-1.04%
CURRENT VS 5Y AVG
+49.55%
CURRENT VS 10Y AVG
+27.47%
CURRENT VS 15Y AVG
-2.05%
CURRENT VS 20Y AVG
-2.46%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
+112.07%
vs the sector median at left
Park-Ohio Holdings Corp.
Market Cap
$700.90M
Return on Invested Capital (ROIC)
6.89%
TTM Avg
6.69%
3Y Avg
6.96%
5Y Avg
4.61%
Market Cap
$694.33M
Return on Invested Capital (ROIC)
-5.77%
TTM Avg
8.29%
3Y Avg
8.29%
5Y Avg
8.29%
Market Cap
$693.75M
Return on Invested Capital (ROIC)
1.41%
TTM Avg
1.45%
3Y Avg
1.37%
5Y Avg
2.28%
Market Cap
$692.73M
Return on Invested Capital (ROIC)
4.93%
TTM Avg
5.00%
3Y Avg
5.60%
5Y Avg
6.32%
Market Cap
$740.78M
Return on Invested Capital (ROIC)
-104.09%
TTM Avg
-56.50%
3Y Avg
-51.91%
5Y Avg
-43.17%
Market Cap
$749.15M
Return on Invested Capital (ROIC)
3.99%
TTM Avg
2.06%
3Y Avg
1.63%
5Y Avg
1.49%
Market Cap
$650.41M
Return on Invested Capital (ROIC)
1.15%
TTM Avg
-1.38%
3Y Avg
2.26%
5Y Avg
1.45%
Market Cap
$649.44M
Return on Invested Capital (ROIC)
5.91%
TTM Avg
4.15%
3Y Avg
5.97%
5Y Avg
24.61%
Market Cap
$758.51M
Return on Invested Capital (ROIC)
-15.62%
TTM Avg
-108.47%
3Y Avg
-105.75%
5Y Avg
-93.87%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Park-Ohio Holdings Corp. (PKOH) | $700.90M | 6.89% | 6.69% | 6.96% | 4.61% |
| Elmet Group Co. (ELMT)vs › | $694.33M | -5.77% | 8.29% | 8.29% | 8.29% |
| Cass Information Systems, Inc. (CASS)vs › | $693.75M | 1.41% | 1.45% | 1.37% | 2.28% |
| Kimball Electronics, Inc. (KE)vs › | $692.73M | 4.93% | 5.00% | 5.60% | 6.32% |
| ADS-TEC Energy PLC (ADSE)vs › | $740.78M | -104.09% | -56.50% | -51.91% | -43.17% |
| Bowman Consulting Group Ltd. (BWMN)vs › | $749.15M | 3.99% | 2.06% | 1.63% | 1.49% |
| Hertz Global Holdings, Inc. (HTZ)vs › | $650.41M | 1.15% | -1.38% | 2.26% | 1.45% |
| Smith & Wesson Brands, Inc. (SWBI)vs › | $649.44M | 5.91% | 4.15% | 5.97% | 24.61% |
| Satellogic Inc. (SATL)vs › | $758.51M | -15.62% | -108.47% | -105.75% | -93.87% |
| Barrett Business Services, Inc. (BBSI)vs › | $768.23M | 9.99% | 12.13% | 12.04% | 10.27% |
ROIC
6.9%
ROE
7.0%
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) |
|---|---|
| 2026-06-30 | 6.89% |
| 2026-03-31 | 6.84% |
| 2025-12-31 | 6.78% |
| 2025-09-30 | 6.22% |
| 2025-06-30 | 6.72% |
| 2025-03-31 | 7.12% |
| 2024-12-31 | 7.61% |
| 2024-09-30 | 7.55% |
| 2024-06-30 | 7.25% |
| 2024-03-31 | 6.84% |
| 2023-12-31 | 6.78% |
| 2023-09-30 | 5.05% |
| 2023-06-30 | 4.48% |
| 2023-03-31 | 4.17% |
| 2022-12-31 | 3.75% |
| 2022-09-30 | 1.38% |
| 2022-06-30 | -0.17% |
| 2022-03-31 | -1.81% |
| 2021-12-31 | -1.19% |
| 2021-09-30 | 1.57% |
| 2021-06-30 | 2.94% |
| 2021-03-31 | 1.49% |
| 2020-12-31 | 1.57% |
| 2020-09-30 | 2.07% |
| 2020-06-30 | 2.00% |
| 2020-03-31 | 4.61% |
| 2019-12-31 | 5.92% |
| 2019-09-30 | 6.63% |
| 2019-06-30 | 6.80% |
| 2019-03-31 | 7.50% |
| 2018-12-31 | 7.91% |
| 2018-09-30 | 6.64% |
| 2018-06-30 | 6.04% |
| 2018-03-31 | 5.75% |
| 2017-12-31 | 6.38% |
| 2017-09-30 | 7.10% |
| 2017-06-30 | 7.97% |
| 2017-03-31 | 7.86% |
| 2016-12-31 | 7.12% |
| 2016-09-30 | 8.33% |
| 2016-06-30 | 8.02% |
| 2016-03-31 | 8.43% |
| 2015-12-31 | 9.21% |
| 2015-09-30 | 8.56% |
| 2015-06-30 | 8.63% |
| 2015-03-31 | 9.09% |
| 2014-12-31 | 8.97% |
| 2014-09-30 | 9.72% |
| 2014-06-30 | 9.01% |
| 2014-03-31 | 9.16% |
| 2013-12-31 | 9.31% |
| 2013-09-30 | 9.26% |
| 2013-06-30 | 9.95% |
| 2013-03-31 | 9.07% |
| 2012-12-31 | 8.97% |
| 2012-09-30 | 12.76% |
| 2012-06-30 | 11.80% |
| 2012-03-31 | 12.59% |
| 2011-12-31 | 14.07% |
| 2011-09-30 | 8.93% |
| 2011-06-30 | 10.01% |
| 2011-03-31 | 11.35% |
| 2010-12-31 | 9.45% |
| 2010-09-30 | 7.40% |
| 2010-06-30 | 5.05% |
| 2010-03-31 | 4.72% |
| 2009-12-31 | 2.81% |
| 2009-09-30 | -19.98% |
| 2009-06-30 | -21.15% |
| 2009-03-31 | -19.79% |
| 2008-12-31 | -16.87% |
| 2008-09-30 | 4.21% |
| 2008-06-30 | 6.33% |
| 2008-03-31 | 6.55% |
| 2007-12-31 | 7.38% |
| 2007-09-30 | 9.43% |
| 2007-06-30 | 9.16% |
| 2007-03-31 | 9.08% |
| 2006-12-31 | 9.14% |
| 2006-09-30 | 10.42% |
| 2006-06-30 | 10.75% |
| 2006-03-31 | 10.96% |
| 2005-12-31 | 11.20% |
| 2005-09-30 | 9.37% |
| 2005-06-30 | 9.08% |
| 2005-03-31 | 8.70% |
| 2004-12-31 | 9.08% |
| 2004-09-30 | 3.37% |
| 2004-06-30 | 5.31% |
| 2004-03-31 | 4.60% |
| 2003-12-31 | 3.89% |
| 2003-09-30 | 5.34% |
| 2003-06-30 | 5.48% |
