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 -30.72% is 17% below its 5-year average of -26.27%, around the middle of its 5-year range (-75.86%–-7.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 35.45% above its 12-month average of -47.60%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
-30.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-47.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-42.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-26.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-30.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-36.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-39.45%
CURRENT VS TTM AVG
+35.45%
CURRENT VS 3Y AVG
+27.29%
CURRENT VS 5Y AVG
-16.95%
CURRENT VS 10Y AVG
-1.50%
CURRENT VS 15Y AVG
+15.66%
CURRENT VS 20Y AVG
+22.13%
SECTOR MEDIAN · INDUSTRIALS
9.32%
median of 134 covered companies
CURRENT VS SECTOR MEDIAN
-429.48%
vs the sector median at left
Plug Power Inc.
Market Cap
$3.03B
Return on Invested Capital (ROIC)
-30.72%
TTM Avg
-47.60%
3Y Avg
-42.25%
5Y Avg
-26.27%
Market Cap
$2.88B
Return on Invested Capital (ROIC)
17.97%
TTM Avg
15.37%
3Y Avg
19.26%
5Y Avg
11.99%
Market Cap
$2.77B
Return on Invested Capital (ROIC)
-36.27%
TTM Avg
-46.13%
3Y Avg
-91.75%
5Y Avg
-348.52%
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
$2.33B
Return on Invested Capital (ROIC)
0.61%
TTM Avg
2.31%
3Y Avg
4.46%
5Y Avg
6.01%
Market Cap
$2.00B
Return on Invested Capital (ROIC)
8.70%
TTM Avg
7.79%
3Y Avg
9.80%
5Y Avg
9.26%
Market Cap
$1.94B
Return on Invested Capital (ROIC)
15.21%
TTM Avg
14.71%
3Y Avg
11.05%
5Y Avg
8.88%
Market Cap
$4.24B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
9.67%
3Y Avg
8.23%
5Y Avg
8.22%
Market Cap
$1.58B
Return on Invested Capital (ROIC)
7.55%
TTM Avg
5.89%
3Y Avg
5.82%
5Y Avg
5.91%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Plug Power Inc. (PLUG) | $3.03B | -30.72% | -47.60% | -42.25% | -26.27% |
| Teekay Tankers Ltd. (TNK)vs › | $2.88B | 17.97% | 15.37% | 19.26% | 11.99% |
| NuScale Power Corporation (SMR)vs › | $2.77B | -36.27% | -46.13% | -91.75% | -348.52% |
| Trinity Industries, Inc. (TRN)vs › | $2.35B | 3.08% | 4.04% | 4.00% | 2.75% |
| Werner Enterprises, Inc. (WERN)vs › | $2.33B | 0.61% | 2.31% | 4.46% | 6.01% |
| Preformed Line Products Company (PLPC)vs › | $2.00B | 8.70% | 7.79% | 9.80% | 9.26% |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.94B | 15.21% | 14.71% | 11.05% | 8.88% |
| Primoris Services Corporation (PRIM)vs › | $4.24B | 5.72% | 9.67% | 8.23% | 8.22% |
| Allient Inc. (ALNT)vs › | $1.58B | 7.55% | 5.89% | 5.82% | 5.91% |
| FuelCell Energy, Inc. (FCEL)vs › | $1.52B | -16.36% | -15.69% | -15.77% | -13.15% |
ROIC
-30.7%
ROE
-282.1%
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 | -30.72% |
| 2026-03-31 | -32.24% |
| 2025-12-31 | -31.69% |
| 2025-09-30 | -75.86% |
| 2025-06-30 | -67.49% |
| 2025-03-31 | -66.54% |
| 2024-12-31 | -69.33% |
| 2024-09-30 | -33.66% |
| 2024-06-30 | -35.34% |
| 2024-03-31 | -35.37% |
| 2023-12-31 | -32.79% |
| 2023-09-30 | -20.69% |
| 2023-06-30 | -17.60% |
| 2023-03-31 | -15.06% |
| 2022-12-31 | -13.24% |
| 2022-09-30 | -12.29% |
| 2022-06-30 | -11.03% |
| 2022-03-31 | -9.69% |
| 2021-12-31 | -7.89% |
| 2021-09-30 | -13.41% |
| 2021-06-30 | -12.45% |
| 2021-03-31 | -11.23% |
| 2020-12-31 | -51.85% |
| 2020-09-30 | -8.53% |
| 2020-06-30 | -8.10% |
| 2020-03-31 | -9.06% |
| 2019-12-31 | -7.11% |
| 2019-09-30 | -13.86% |
| 2019-06-30 | -16.60% |
| 2019-03-31 | -22.50% |
| 2018-12-31 | -26.65% |
| 2018-09-30 | -34.76% |
| 2018-06-30 | -55.06% |
| 2018-03-31 | -51.63% |
| 2017-12-31 | -48.85% |
| 2017-09-30 | -49.33% |
| 2017-06-30 | -43.68% |
| 2017-03-31 | -38.91% |
| 2016-12-31 | -26.82% |
| 2016-09-30 | -38.02% |
| 2016-06-30 | -34.14% |
| 2016-03-31 | -32.71% |
| 2015-12-31 | -35.38% |
| 2015-09-30 | -28.12% |
| 2015-06-30 | -29.41% |
| 2015-03-31 | -25.92% |
| 2014-12-31 | -21.05% |
| 2014-09-30 | -17.21% |
| 2014-06-30 | -14.87% |
| 2014-03-31 | -35.90% |
| 2013-12-31 | -127.30% |
| 2013-09-30 | -111.19% |
| 2013-06-30 | -136.16% |
| 2013-03-31 | -153.54% |
| 2012-12-31 | -142.13% |
| 2012-09-30 | -110.07% |
| 2012-06-30 | -76.23% |
| 2012-03-31 | -71.66% |
| 2011-12-31 | -75.96% |
| 2011-09-30 | -80.81% |
| 2011-06-30 | -68.97% |
| 2011-03-31 | -117.63% |
| 2010-12-31 | -111.29% |
| 2010-09-30 | -97.87% |
| 2010-06-30 | -60.90% |
| 2010-03-31 | -34.58% |
| 2009-12-31 | -27.43% |
| 2009-09-30 | -61.21% |
| 2009-06-30 | -59.14% |
| 2009-03-31 | -62.23% |
| 2008-12-31 | -66.53% |
| 2008-09-30 | -39.36% |
| 2008-06-30 | -37.72% |
| 2008-03-31 | -33.26% |
| 2007-12-31 | -28.53% |
| 2007-09-30 | -25.41% |
| 2007-06-30 | -23.67% |
| 2007-03-31 | -21.21% |
| 2006-12-31 | -19.78% |
| 2006-09-30 | -17.68% |
| 2006-06-30 | -16.07% |
| 2006-03-31 | -40.58% |
| 2005-12-31 | -36.87% |
| 2005-09-30 | -32.00% |
| 2005-06-30 | -53.34% |
| 2005-03-31 | -48.66% |
| 2004-12-31 | -43.08% |
| 2004-09-30 | -40.82% |
| 2004-06-30 | -37.96% |
| 2004-03-31 | -35.96% |
| 2003-12-31 | -34.62% |
| 2003-09-30 | -46.93% |
| 2003-06-30 | -40.86% |
