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 6.64% is 22% below its 5-year average of 8.51%, near the low end of its 5-year range (6.64%–9.59%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.39% below its 12-month average of 7.10%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.64%.
RETURN ON INVESTED CAPITAL (ROIC)
6.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.64%
CURRENT VS TTM AVG
-6.39%
CURRENT VS 3Y AVG
-16.88%
CURRENT VS 5Y AVG
-21.93%
CURRENT VS 10Y AVG
-20.25%
CURRENT VS 15Y AVG
-17.50%
CURRENT VS 20Y AVG
-13.00%
SECTOR MEDIAN · INDUSTRIALS
9.01%
median of 163 covered companies
CURRENT VS SECTOR MEDIAN
-26.27%
vs the sector median at left
The Timken Company
Market Cap
$8.51B
Return on Invested Capital (ROIC)
6.64%
TTM Avg
7.10%
3Y Avg
7.99%
5Y Avg
8.51%
Market Cap
$8.47B
Return on Invested Capital (ROIC)
11.73%
TTM Avg
12.52%
3Y Avg
11.98%
5Y Avg
12.38%
Market Cap
$8.10B
Return on Invested Capital (ROIC)
15.99%
TTM Avg
18.77%
3Y Avg
14.79%
5Y Avg
14.49%
Market Cap
$8.08B
Return on Invested Capital (ROIC)
0.49%
TTM Avg
0.96%
3Y Avg
0.74%
5Y Avg
1.04%
Market Cap
$8.03B
Return on Invested Capital (ROIC)
6.52%
TTM Avg
10.48%
3Y Avg
14.32%
5Y Avg
13.46%
Market Cap
$7.86B
Return on Invested Capital (ROIC)
18.44%
TTM Avg
23.57%
3Y Avg
24.93%
5Y Avg
22.50%
Market Cap
$9.24B
Return on Invested Capital (ROIC)
19.68%
TTM Avg
17.06%
3Y Avg
12.91%
5Y Avg
11.95%
Market Cap
$7.67B
Return on Invested Capital (ROIC)
N/A
TTM Avg
11.82%
3Y Avg
9.11%
5Y Avg
8.12%
Market Cap
$9.37B
Return on Invested Capital (ROIC)
8.47%
TTM Avg
10.47%
3Y Avg
13.84%
5Y Avg
13.87%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Timken Company (TKR) | $8.51B | 6.64% | 7.10% | 7.99% | 8.51% |
| Pentair plc (PNR)vs › | $8.47B | 11.73% | 12.52% | 11.98% | 12.38% |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.10B | 15.99% | 18.77% | 14.79% | 14.49% |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.08B | 0.49% | 0.96% | 0.74% | 1.04% |
| AGCO Corporation (AGCO)vs › | $8.03B | 6.52% | 10.48% | 14.32% | 13.46% |
| A. O. Smith Corporation (AOS)vs › | $7.86B | 18.44% | 23.57% | 24.93% | 22.50% |
| Valmont Industries, Inc. (VMI)vs › | $9.24B | 19.68% | 17.06% | 12.91% | 11.95% |
| Aecom (ACM)vs › | $7.67B | N/A | 11.82% | 9.11% | 8.12% |
| Saia, Inc. (SAIA)vs › | $9.37B | 8.47% | 10.47% | 13.84% | 13.87% |
| Modine Manufacturing Company (MOD)vs › | $9.46B | 12.66% | 12.86% | 13.26% | 8.64% |
ROIC
6.6%
ROE
8.1%
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 | 6.64% |
| 2026-03-31 | 7.48% |
| 2025-12-31 | 7.41% |
| 2025-09-30 | 6.87% |
| 2025-06-30 | 7.09% |
| 2025-03-31 | 7.64% |
| 2024-12-31 | 8.23% |
| 2024-09-30 | 8.10% |
| 2024-06-30 | 8.33% |
| 2024-03-31 | 8.70% |
| 2023-12-31 | 8.86% |
| 2023-09-30 | 9.31% |
| 2023-06-30 | 9.25% |
| 2023-03-31 | 9.39% |
| 2022-12-31 | 9.51% |
| 2022-09-30 | 9.49% |
| 2022-06-30 | 9.16% |
| 2022-03-31 | 8.97% |
| 2021-12-31 | 9.43% |
| 2021-09-30 | 9.59% |
| 2021-06-30 | 9.24% |
| 2021-03-31 | 8.43% |
| 2020-12-31 | 7.71% |
| 2020-09-30 | 8.76% |
| 2020-06-30 | 8.53% |
| 2020-03-31 | 8.95% |
| 2019-12-31 | 9.67% |
| 2019-09-30 | 9.40% |
| 2019-06-30 | 9.16% |
| 2019-03-31 | 8.90% |
| 2018-12-31 | 8.95% |
| 2018-09-30 | 7.81% |
| 2018-06-30 | 9.44% |
| 2018-03-31 | 9.08% |
| 2017-12-31 | 8.21% |
| 2017-09-30 | 6.45% |
| 2017-06-30 | 6.01% |
| 2017-03-31 | 5.47% |
| 2016-12-31 | 5.24% |
| 2016-09-30 | 1.77% |
| 2016-06-30 | 2.21% |
| 2016-03-31 | 2.12% |
| 2015-12-31 | -6.39% |
| 2015-09-30 | 1.40% |
| 2015-06-30 | -1.26% |
| 2015-03-31 | -0.49% |
| 2014-12-31 | 6.16% |
| 2014-09-30 | 5.42% |
| 2014-06-30 | 6.69% |
| 2014-03-31 | 4.98% |
| 2013-12-31 | 4.45% |
| 2013-09-30 | 6.42% |
| 2013-06-30 | 7.86% |
| 2013-03-31 | 9.36% |
| 2012-12-31 | 12.62% |
| 2012-09-30 | 13.98% |
| 2012-06-30 | 14.24% |
| 2012-03-31 | 14.48% |
| 2011-12-31 | 13.48% |
| 2011-09-30 | 13.72% |
| 2011-06-30 | 12.10% |
| 2011-03-31 | 10.85% |
| 2010-12-31 | 8.30% |
| 2010-09-30 | 5.78% |
| 2010-06-30 | 3.28% |
| 2010-03-31 | 0.37% |
| 2009-12-31 | -1.54% |
| 2009-09-30 | -1.72% |
| 2009-06-30 | 1.95% |
| 2009-03-31 | 5.11% |
| 2008-12-31 | 7.25% |
| 2008-09-30 | 9.25% |
| 2008-06-30 | 6.95% |
| 2008-03-31 | 6.25% |
| 2007-12-31 | 6.77% |
| 2007-09-30 | 3.59% |
| 2007-06-30 | 3.61% |
| 2007-03-31 | 3.86% |
| 2006-12-31 | 3.86% |
| 2006-09-30 | 7.36% |
| 2006-06-30 | 7.65% |
| 2006-03-31 | 7.70% |
| 2005-12-31 | 8.03% |
| 2005-09-30 | 8.26% |
| 2005-06-30 | 7.44% |
| 2005-03-31 | 6.17% |
| 2004-12-31 | 5.22% |
| 2004-09-30 | 3.98% |
| 2004-06-30 | 3.49% |
| 2004-03-31 | 2.82% |
| 2003-12-31 | 2.14% |
| 2003-09-30 | 1.66% |
| 2003-06-30 | 1.49% |
