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Exponent EXPO Return on invested capital

Return on invested capital at other companies

Jacobs Solutions logo
Jacobs SolutionsJ
7.2%+0.4pp
Tetra Tech logo
Tetra TechTTEK
16.9%+8.8pp
FTI Consulting logo
FTI ConsultingFCN
11.7%+0.7pp
Amentum Holdings logo
Amentum HoldingsAMTM
4.4%
TIC Solutions
 logo
TIC Solutions TIC
-1.4%
Element Solutions logo
Element SolutionsESI
5.7%-2.0pp

Other financials

Income statement

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Revenue$166.3M+14.3%
Operating income$41.4M-6.9%
Net income$29.6M+11.0%
EPS (diluted)$0.59+13.5%

Balance sheet

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Cash & equivalents$118.6M-51.6%
Total debt$81.0M+1.1%
Total equity$338.3M-23.4%
Total assets$687.4M-9.9%

Cash flow

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Operating cash flow-$975.0K-113%
CapEx$2.5M+39.9%
Free cash flow-$3.4M-162%

Valuation

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Market cap$2.78B-18.9%
Enterprise value$2.74B-16.4%
P/E25.5×-7.0×
P/S4.6×-1.5×

Profitability

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Operating margin19.4%-4.5pp
Net margin18.1%-0.8pp
FCF margin18.8%-5.2pp

Returns & leverage

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Return on equity27.9%+2.1pp
Debt / equity0.2×+0.1×
Current ratio2.4×-0.9×

Where this comes from

Calculated from Exponent’s reported figures.

Based on trailing twelve months.

The official record: Exponent’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Exponent's return on invested capital?
Exponent (EXPO) reported return on invested capital of 29% in Q1 2026.
How has Exponent's return on invested capital changed year-over-year?
Exponent's return on invested capital decreased by 24.0% year-over-year, from 38.2% to 29%.
What is the long-term trend for Exponent's return on invested capital?
Over 5 years (2020 to 2025), Exponent's return on invested capital has grown at a -1.2% compound annual growth rate (CAGR), from 37.1% to 34.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.