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 7.33% is 81% above its 5-year average of 4.04%, near the high end of its 5-year range (1.78%–7.33%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.89% above its 12-month average of 6.55%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
7.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.97%
CURRENT VS TTM AVG
+11.89%
CURRENT VS 3Y AVG
+56.05%
CURRENT VS 5Y AVG
+81.25%
CURRENT VS 10Y AVG
+57.93%
CURRENT VS 15Y AVG
+14.12%
CURRENT VS 20Y AVG
-8.06%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-23.28%
vs the sector median at left
RTX Corporation
Market Cap
$267.95B
Return on Invested Capital (ROIC)
7.33%
TTM Avg
6.55%
3Y Avg
4.70%
5Y Avg
4.04%
Market Cap
$258.69B
Return on Invested Capital (ROIC)
7.21%
TTM Avg
4.38%
3Y Avg
-3.00%
5Y Avg
-3.00%
Market Cap
$241.51B
Return on Invested Capital (ROIC)
5.77%
TTM Avg
6.13%
3Y Avg
5.73%
5Y Avg
5.15%
Market Cap
$194.71B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.24%
5Y Avg
9.45%
Market Cap
$347.49B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
7.21%
3Y Avg
4.90%
5Y Avg
3.42%
Market Cap
$183.75B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
7.16%
3Y Avg
9.76%
5Y Avg
9.33%
Market Cap
$180.73B
Return on Invested Capital (ROIC)
16.45%
TTM Avg
15.14%
3Y Avg
13.99%
5Y Avg
12.86%
Market Cap
$171.36B
Return on Invested Capital (ROIC)
11.65%
TTM Avg
11.62%
3Y Avg
11.69%
5Y Avg
11.48%
Market Cap
$166.55B
Return on Invested Capital (ROIC)
-7.72%
TTM Avg
-12.31%
3Y Avg
-8.28%
5Y Avg
-9.55%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RTX Corporation (RTX) | $267.95B | 7.33% | 6.55% | 4.70% | 4.04% |
| GE Vernova Inc. (GEV)vs › | $258.69B | 7.21% | 4.38% | -3.00% | -3.00% |
| Siemens AG (SIEGY)vs › | $241.51B | 5.77% | 6.13% | 5.73% | 5.15% |
| Schneider Electric S.E. (SBGSY)vs › | $194.71B | 10.96% | 10.36% | 10.24% | 9.45% |
| GE Aerospace (GE)vs › | $347.49B | 10.22% | 7.21% | 4.90% | 3.42% |
| Deere & Company (DE)vs › | $183.75B | 7.20% | 7.16% | 9.76% | 9.33% |
| ABB Ltd (ABBNY)vs › | $180.73B | 16.45% | 15.14% | 13.99% | 12.86% |
| Union Pacific Corporation (UNP)vs › | $171.36B | 11.65% | 11.62% | 11.69% | 11.48% |
| The Boeing Company (BA)vs › | $166.55B | -7.72% | -12.31% | -8.28% | -9.55% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $166.42B | 15.14% | 14.94% | 11.63% | 6.26% |
ROIC
7.3%
ROE
11.7%
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 | 7.33% |
| 2026-03-31 | 6.91% |
| 2025-12-31 | 6.49% |
| 2025-09-30 | 6.21% |
| 2025-06-30 | 5.82% |
| 2025-03-31 | 4.52% |
| 2024-12-31 | 4.65% |
| 2024-09-30 | 4.45% |
| 2024-06-30 | 2.24% |
| 2024-03-31 | 3.05% |
| 2023-12-31 | 2.69% |
| 2023-09-30 | 2.46% |
| 2023-06-30 | 4.26% |
| 2023-03-31 | 4.21% |
| 2022-12-31 | 3.96% |
| 2022-09-30 | 3.78% |
| 2022-06-30 | 3.89% |
| 2022-03-31 | 3.59% |
| 2021-12-31 | 3.30% |
| 2021-09-30 | 2.64% |
| 2021-06-30 | 1.78% |
| 2021-03-31 | -1.73% |
| 2020-12-31 | -1.49% |
| 2020-09-30 | -0.14% |
| 2020-06-30 | 0.35% |
| 2020-03-31 | 4.07% |
| 2019-12-31 | 5.63% |
| 2019-09-30 | 4.45% |
| 2019-06-30 | 4.70% |
| 2019-03-31 | 5.47% |
| 2018-12-31 | 5.45% |
| 2018-09-30 | 6.22% |
| 2018-06-30 | 7.35% |
| 2018-03-31 | 6.72% |
| 2017-12-31 | 7.00% |
| 2017-09-30 | 8.14% |
| 2017-06-30 | 8.50% |
| 2017-03-31 | 9.01% |
| 2016-12-31 | 8.90% |
| 2016-09-30 | 6.77% |
| 2016-06-30 | 6.73% |
| 2016-03-31 | 6.82% |
| 2015-12-31 | 7.44% |
| 2015-09-30 | 9.40% |
| 2015-06-30 | 9.82% |
| 2015-03-31 | 10.47% |
| 2014-12-31 | 10.31% |
| 2014-09-30 | 10.19% |
| 2014-06-30 | 9.74% |
| 2014-03-31 | 9.71% |
| 2013-12-31 | 9.85% |
| 2013-09-30 | 10.05% |
| 2013-06-30 | 9.98% |
| 2013-03-31 | 9.79% |
| 2012-12-31 | 9.55% |
| 2012-09-30 | 8.52% |
| 2012-06-30 | 10.58% |
| 2012-03-31 | 12.92% |
| 2011-12-31 | 12.33% |
| 2011-09-30 | 11.93% |
| 2011-06-30 | 12.13% |
| 2011-03-31 | 12.16% |
| 2010-12-31 | 12.48% |
| 2010-09-30 | 11.79% |
| 2010-06-30 | 11.90% |
| 2010-03-31 | 11.59% |
| 2009-12-31 | 11.92% |
| 2009-09-30 | 11.56% |
| 2009-06-30 | 12.43% |
| 2009-03-31 | 13.78% |
| 2008-12-31 | 14.18% |
| 2008-09-30 | 13.92% |
| 2008-06-30 | 13.22% |
| 2008-03-31 | 13.20% |
| 2007-12-31 | 13.13% |
| 2007-09-30 | 12.96% |
| 2007-06-30 | 13.05% |
| 2007-03-31 | 13.44% |
| 2006-12-31 | 13.52% |
| 2006-09-30 | 12.08% |
| 2006-06-30 | 11.63% |
| 2006-03-31 | 11.80% |
| 2005-12-31 | 11.54% |
| 2005-09-30 | 11.28% |
| 2005-06-30 | 11.27% |
| 2005-03-31 | 11.66% |
| 2004-12-31 | 11.13% |
| 2004-09-30 | 11.65% |
| 2004-06-30 | 11.74% |
| 2004-03-31 | 11.26% |
| 2003-12-31 | 11.03% |
| 2003-09-30 | 11.01% |
| 2003-06-30 | 11.87% |