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 5.77% is in line with its 5-year average of 5.46%, around the middle of its 5-year range (3.77%–6.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.61% above its 12-month average of 5.47%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-30): 5.77%.
RETURN ON INVESTED CAPITAL (ROIC)
5.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.60%
CURRENT VS TTM AVG
+5.61%
CURRENT VS 3Y AVG
-5.27%
CURRENT VS 5Y AVG
+5.68%
CURRENT VS 10Y AVG
+10.82%
CURRENT VS 15Y AVG
+4.95%
CURRENT VS 20Y AVG
+3.20%
SECTOR MEDIAN · INDUSTRIALS
9.55%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-39.57%
vs the sector median at left
Siemens AG
Market Cap
$230.40B
Return on Invested Capital (ROIC)
5.77%
TTM Avg
5.47%
3Y Avg
6.10%
5Y Avg
5.46%
Market Cap
$246.74B
Return on Invested Capital (ROIC)
7.21%
TTM Avg
4.38%
3Y Avg
-3.00%
5Y Avg
-3.00%
Market Cap
$265.99B
Return on Invested Capital (ROIC)
7.33%
TTM Avg
5.57%
3Y Avg
4.45%
5Y Avg
3.27%
Market Cap
$187.89B
Return on Invested Capital (ROIC)
10.96%
TTM Avg
10.36%
3Y Avg
10.24%
5Y Avg
9.45%
Market Cap
$182.31B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
7.16%
3Y Avg
9.76%
5Y Avg
9.33%
Market Cap
$173.35B
Return on Invested Capital (ROIC)
16.45%
TTM Avg
15.14%
3Y Avg
13.99%
5Y Avg
12.86%
Market Cap
$169.25B
Return on Invested Capital (ROIC)
11.65%
TTM Avg
11.62%
3Y Avg
11.69%
5Y Avg
11.48%
Market Cap
$162.86B
Return on Invested Capital (ROIC)
-7.72%
TTM Avg
-12.31%
3Y Avg
-8.28%
5Y Avg
-9.55%
Market Cap
$160.58B
Return on Invested Capital (ROIC)
15.14%
TTM Avg
14.94%
3Y Avg
11.63%
5Y Avg
6.26%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Siemens AG (SIEGY) | $230.40B | 5.77% | 5.47% | 6.10% | 5.46% |
| GE Vernova Inc. (GEV)vs › | $246.74B | 7.21% | 4.38% | -3.00% | -3.00% |
| RTX Corporation (RTX)vs › | $265.99B | 7.33% | 5.57% | 4.45% | 3.27% |
| Schneider Electric S.E. (SBGSY)vs › | $187.89B | 10.96% | 10.36% | 10.24% | 9.45% |
| Deere & Company (DE)vs › | $182.31B | 7.20% | 7.16% | 9.76% | 9.33% |
| ABB Ltd (ABBNY)vs › | $173.35B | 16.45% | 15.14% | 13.99% | 12.86% |
| Union Pacific Corporation (UNP)vs › | $169.25B | 11.65% | 11.62% | 11.69% | 11.48% |
| The Boeing Company (BA)vs › | $162.86B | -7.72% | -12.31% | -8.28% | -9.55% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $160.58B | 15.14% | 14.94% | 11.63% | 6.26% |
| Eaton Corporation plc (ETN)vs › | $158.80B | 9.09% | 13.05% | 11.55% | 10.10% |
ROIC
5.8%
ROE
11.9%
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 | 5.77% |
| 2026-03-31 | 5.54% |
| 2025-12-31 | 5.33% |
| 2025-09-30 | 5.15% |
| 2025-06-30 | 5.55% |
| 2025-03-31 | 5.98% |
| 2024-12-31 | 6.32% |
| 2024-09-30 | 6.83% |
| 2024-06-30 | 6.76% |
| 2024-03-31 | 6.64% |
| 2023-12-31 | 6.70% |
| 2023-09-30 | 6.85% |
| 2023-06-30 | 5.82% |
| 2023-03-31 | 5.36% |
| 2022-12-31 | 4.11% |
| 2022-09-30 | 4.26% |
| 2022-06-30 | 3.77% |
| 2022-03-31 | 4.41% |
| 2021-12-31 | 4.48% |
| 2021-09-30 | 4.63% |
| 2021-06-30 | 4.48% |
| 2021-03-31 | 4.07% |
| 2020-12-31 | 4.22% |
| 2020-09-30 | 3.88% |
| 2020-06-30 | 3.89% |
| 2020-03-31 | 4.26% |
| 2019-12-31 | 4.56% |
| 2019-09-30 | 4.85% |
| 2019-06-30 | 4.27% |
| 2019-03-31 | 4.43% |
| 2018-12-31 | 4.10% |
| 2018-09-30 | 4.94% |
| 2018-06-30 | 5.46% |
| 2018-03-31 | 5.32% |
| 2017-12-31 | 5.52% |
| 2017-09-30 | 5.46% |
| 2017-06-30 | 5.49% |
| 2017-03-31 | 6.12% |
| 2016-12-31 | 6.37% |
| 2016-09-30 | 5.79% |
| 2016-06-30 | 5.86% |
| 2016-03-31 | 5.39% |
| 2015-12-31 | 5.17% |
| 2015-09-30 | 5.12% |
| 2015-06-30 | 5.36% |
| 2015-03-31 | 6.49% |
| 2014-12-31 | 6.31% |
| 2014-09-30 | 6.79% |
| 2014-06-30 | 6.12% |
| 2014-03-31 | 5.64% |
| 2013-12-31 | 5.48% |
| 2013-09-30 | 5.42% |
| 2013-06-30 | 6.23% |
| 2013-03-31 | 6.69% |
| 2012-12-31 | 7.10% |
| 2012-09-30 | 7.17% |
| 2012-06-30 | 7.36% |
| 2012-03-31 | 7.64% |
| 2011-12-31 | 9.01% |
| 2011-09-30 | 9.90% |
| 2011-06-30 | 9.47% |
| 2011-03-31 | 9.56% |
| 2010-12-31 | 8.39% |
| 2010-09-30 | 8.03% |
| 2010-06-30 | 7.74% |
| 2010-03-31 | 6.92% |
| 2009-12-31 | 6.20% |
| 2009-09-30 | 6.18% |
| 2009-06-30 | 3.19% |
| 2009-03-31 | 4.50% |
| 2008-12-31 | 3.79% |
| 2008-09-30 | 3.35% |
| 2008-06-30 | 6.37% |
| 2008-03-31 | 5.66% |
| 2007-12-31 | 6.77% |
| 2007-09-30 | 6.20% |
| 2007-06-30 | 5.18% |
| 2007-03-31 | 5.36% |
| 2006-12-31 | 4.63% |
| 2006-09-30 | 4.87% |
| 2006-06-30 | 4.95% |
| 2006-03-31 | 4.56% |
| 2005-12-31 | 4.45% |
| 2005-09-30 | 4.81% |
| 2005-06-30 | 4.94% |
| 2005-03-31 | 5.33% |
| 2004-12-31 | 5.20% |
| 2004-09-30 | 5.45% |
| 2004-06-30 | 5.22% |
| 2004-03-31 | 4.67% |
| 2003-12-31 | 4.12% |
| 2003-09-30 | 3.45% |
| 2003-06-30 | 2.60% |
