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 -1.16% is 82% above its 5-year average of -6.62%, around the middle of its 5-year range (-26.87%–14.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 78.08% above its 12-month average of -5.31%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -1.16%.
RETURN ON INVESTED CAPITAL (ROIC)
-1.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-5.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-6.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-9.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-5.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-0.69%
CURRENT VS TTM AVG
+78.08%
CURRENT VS 3Y AVG
+68.35%
CURRENT VS 5Y AVG
+82.41%
CURRENT VS 10Y AVG
+87.99%
CURRENT VS 15Y AVG
+78.07%
CURRENT VS 20Y AVG
-68.95%
SECTOR MEDIAN · ENERGY
5.87%
median of 111 covered companies
CURRENT VS SECTOR MEDIAN
-119.83%
vs the sector median at left
Patterson-UTI Energy, Inc.
Market Cap
$4.33B
Return on Invested Capital (ROIC)
-1.16%
TTM Avg
-5.31%
3Y Avg
-3.68%
5Y Avg
-6.62%
Market Cap
$4.46B
Return on Invested Capital (ROIC)
-2.76%
TTM Avg
0.48%
3Y Avg
2.13%
5Y Avg
1.12%
Market Cap
$4.48B
Return on Invested Capital (ROIC)
15.18%
TTM Avg
13.23%
3Y Avg
9.46%
5Y Avg
2.19%
Market Cap
$4.48B
Return on Invested Capital (ROIC)
3.82%
TTM Avg
3.62%
3Y Avg
9.03%
5Y Avg
11.22%
Market Cap
$4.66B
Return on Invested Capital (ROIC)
17.61%
TTM Avg
8.68%
3Y Avg
16.84%
5Y Avg
16.28%
Market Cap
$3.96B
Return on Invested Capital (ROIC)
4.41%
TTM Avg
4.99%
3Y Avg
5.20%
5Y Avg
-0.31%
Market Cap
$5.09B
Return on Invested Capital (ROIC)
4.58%
TTM Avg
1.84%
3Y Avg
2.02%
5Y Avg
2.33%
Market Cap
$5.19B
Return on Invested Capital (ROIC)
5.35%
TTM Avg
4.60%
3Y Avg
4.75%
5Y Avg
1.89%
Market Cap
$3.17B
Return on Invested Capital (ROIC)
12.27%
TTM Avg
14.34%
3Y Avg
19.65%
5Y Avg
15.53%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Patterson-UTI Energy, Inc. (PTEN) | $4.33B | -1.16% | -5.31% | -3.68% | -6.62% |
| Icahn Enterprises L.P. (IEP)vs › | $4.46B | -2.76% | 0.48% | 2.13% | 1.12% |
| Oceaneering International, Inc. (OII)vs › | $4.48B | 15.18% | 13.23% | 9.46% | 2.19% |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 3.82% | 3.62% | 9.03% | 11.22% |
| California Resources Corp (CRC)vs › | $4.66B | 17.61% | 8.68% | 16.84% | 16.28% |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 4.41% | 4.99% | 5.20% | -0.31% |
| Golar LNG Limited (GLNG)vs › | $5.09B | 4.58% | 1.84% | 2.02% | 2.33% |
| Plains GP Holdings LP (PAGP)vs › | $5.19B | 5.35% | 4.60% | 4.75% | 1.89% |
| Alliance Resource Partners, L.P. (ARLP)vs › | $3.17B | 12.27% | 14.34% | 19.65% | 15.53% |
| Weatherford International plc (WFRD)vs › | $5.73B | 13.74% | 18.42% | 16.36% | 5.39% |
ROIC
-1.2%
ROE
-2.9%
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 | -1.16% |
| 2026-03-31 | -1.64% |
| 2025-12-31 | -0.95% |
| 2025-09-30 | -1.51% |
| 2025-06-30 | -21.29% |
| 2025-03-31 | -19.39% |
| 2024-12-31 | -17.81% |
| 2024-09-30 | -14.35% |
| 2024-06-30 | 2.82% |
| 2024-03-31 | 3.94% |
| 2023-12-31 | 4.58% |
| 2023-09-30 | 4.88% |
| 2023-06-30 | 14.07% |
| 2023-03-31 | 12.25% |
| 2022-12-31 | 7.48% |
| 2022-09-30 | -10.30% |
| 2022-06-30 | -17.24% |
| 2022-03-31 | -23.23% |
| 2021-12-31 | -26.87% |
| 2021-09-30 | -16.47% |
| 2021-06-30 | -16.75% |
| 2021-03-31 | -17.77% |
| 2020-12-31 | -25.92% |
| 2020-09-30 | -26.30% |
| 2020-06-30 | -31.04% |
| 2020-03-31 | -26.45% |
| 2019-12-31 | -11.40% |
| 2019-09-30 | -14.14% |
| 2019-06-30 | -7.68% |
| 2019-03-31 | -6.66% |
| 2018-12-31 | -6.52% |
| 2018-09-30 | -3.00% |
| 2018-06-30 | -2.13% |
| 2018-03-31 | -4.53% |
| 2017-12-31 | -6.06% |
| 2017-09-30 | -7.80% |
| 2017-06-30 | -9.52% |
| 2017-03-31 | -11.68% |
| 2016-12-31 | -12.89% |
| 2016-09-30 | -11.43% |
| 2016-06-30 | -15.63% |
| 2016-03-31 | -12.65% |
| 2015-12-31 | -9.49% |
| 2015-09-30 | -5.16% |
| 2015-06-30 | 1.79% |
| 2015-03-31 | 3.31% |
| 2014-12-31 | 3.74% |
| 2014-09-30 | 3.18% |
| 2014-06-30 | 4.48% |
| 2014-03-31 | 4.20% |
| 2013-12-31 | 4.71% |
| 2013-09-30 | 5.67% |
| 2013-06-30 | 5.15% |
| 2013-03-31 | 6.40% |
| 2012-12-31 | 7.45% |
| 2012-09-30 | 8.32% |
| 2012-06-30 | 9.11% |
| 2012-03-31 | 9.12% |
| 2011-12-31 | 8.71% |
| 2011-09-30 | 8.38% |
| 2011-06-30 | 7.31% |
| 2011-03-31 | 5.95% |
| 2010-12-31 | 3.99% |
| 2010-09-30 | 2.02% |
| 2010-06-30 | 0.15% |
| 2010-03-31 | -2.67% |
| 2009-12-31 | -1.95% |
| 2009-09-30 | 2.49% |
| 2009-06-30 | 7.70% |
| 2009-03-31 | 11.73% |
| 2008-12-31 | 14.36% |
| 2008-09-30 | 14.89% |
| 2008-06-30 | 14.75% |
| 2008-03-31 | 18.17% |
| 2007-12-31 | 20.20% |
| 2007-09-30 | 24.61% |
| 2007-06-30 | 29.45% |
| 2007-03-31 | 33.55% |
| 2006-12-31 | 35.71% |
| 2006-09-30 | 36.30% |
| 2006-06-30 | 33.55% |
| 2006-03-31 | 27.51% |
| 2005-12-31 | 24.04% |
| 2005-09-30 | 19.29% |
| 2005-06-30 | 15.21% |
| 2005-03-31 | 11.87% |
| 2004-12-31 | 9.23% |
| 2004-09-30 | 8.07% |
| 2004-06-30 | 7.17% |
| 2004-03-31 | 6.55% |
| 2003-12-31 | 5.70% |
| 2003-09-30 | 3.95% |
| 2003-06-30 | 2.19% |
