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 6.66% is 37% above its 5-year average of 4.87%, around the middle of its 5-year range (-46.20%–95.59%).
As of the fiscal period ended Tuesday, June 30, 2026. 69.14% below its 12-month average of 21.59%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.66%.
RETURN ON INVESTED CAPITAL (ROIC)
6.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
21.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
21.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-16.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-26.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-29.61%
CURRENT VS TTM AVG
-69.14%
CURRENT VS 3Y AVG
-68.97%
CURRENT VS 5Y AVG
+36.72%
CURRENT VS 10Y AVG
+139.82%
CURRENT VS 15Y AVG
+124.81%
CURRENT VS 20Y AVG
+122.50%
SECTOR MEDIAN · TECHNOLOGY
2.75%
median of 476 covered companies
CURRENT VS SECTOR MEDIAN
+141.82%
vs the sector median at left
Acorn Energy, Inc.
Market Cap
$47.36M
Return on Invested Capital (ROIC)
6.66%
TTM Avg
21.59%
3Y Avg
21.47%
5Y Avg
4.87%
Market Cap
$46.98M
Return on Invested Capital (ROIC)
-105.85%
TTM Avg
-65.58%
3Y Avg
-62.06%
5Y Avg
-63.52%
Market Cap
$46.58M
Return on Invested Capital (ROIC)
12.43%
TTM Avg
-0.78%
3Y Avg
-9.13%
5Y Avg
-14.94%
Market Cap
$49.10M
Return on Invested Capital (ROIC)
-45.66%
TTM Avg
-38.52%
3Y Avg
-49.05%
5Y Avg
-50.76%
Market Cap
$47.97M
Return on Invested Capital (ROIC)
1.98%
TTM Avg
2.16%
3Y Avg
2.78%
5Y Avg
2.95%
Market Cap
$44.04M
Return on Invested Capital (ROIC)
-24.93%
TTM Avg
5.99%
3Y Avg
10.93%
5Y Avg
10.93%
Market Cap
$50.90M
Return on Invested Capital (ROIC)
-51.26%
TTM Avg
-132.56%
3Y Avg
-136.52%
5Y Avg
-119.12%
Market Cap
$43.32M
Return on Invested Capital (ROIC)
-164.28%
TTM Avg
-117.80%
3Y Avg
-80.05%
5Y Avg
-60.05%
Market Cap
$51.50M
Return on Invested Capital (ROIC)
-81.38%
TTM Avg
-26.73%
3Y Avg
-17.87%
5Y Avg
-22.82%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Acorn Energy, Inc. (ACFN) | $47.36M | 6.66% | 21.59% | 21.47% | 4.87% |
| Odysight.ai Inc. (ODYS)vs › | $46.98M | -105.85% | -65.58% | -62.06% | -63.52% |
| Intellicheck, Inc. (IDN)vs › | $46.58M | 12.43% | -0.78% | -9.13% | -14.94% |
| Freightos Limited Ordinary shares (CRGO)vs › | $49.10M | -45.66% | -38.52% | -49.05% | -50.76% |
| Deswell Industries, Inc. (DSWL)vs › | $47.97M | 1.98% | 2.16% | 2.78% | 2.95% |
| Health In Tech, Inc. (HIT)vs › | $44.04M | -24.93% | 5.99% | 10.93% | 10.93% |
| AEye, Inc. (LIDR)vs › | $50.90M | -51.26% | -132.56% | -136.52% | -119.12% |
| Blaize Holdings Inc. (BZAI)vs › | $43.32M | -164.28% | -117.80% | -80.05% | -60.05% |
| All In FutureTech Alliance Inc. (AIFA)vs › | $51.50M | -81.38% | -26.73% | -17.87% | -22.82% |
| MIND Technology, Inc. (MIND)vs › | $41.81M | -2.26% | 10.61% | -0.29% | -14.09% |
ROIC
6.7%
ROE
17.6%
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 | 6.66% |
| 2026-03-31 | 13.02% |
| 2025-12-31 | 20.85% |
| 2025-09-30 | 30.03% |
| 2025-06-30 | 37.37% |
| 2025-03-31 | 36.78% |
| 2024-12-31 | 30.69% |
| 2024-09-30 | 95.59% |
| 2024-06-30 | 64.19% |
| 2024-03-31 | 38.45% |
| 2023-12-31 | 7.17% |
| 2023-09-30 | -6.76% |
| 2023-06-30 | -20.80% |
| 2023-03-31 | -46.20% |
| 2022-12-31 | -44.55% |
| 2022-09-30 | -42.04% |
| 2022-06-30 | -23.33% |
| 2022-03-31 | -8.63% |
| 2021-12-31 | -0.46% |
| 2021-09-30 | 3.93% |
| 2021-06-30 | 1.09% |
| 2021-03-31 | -0.78% |
| 2020-12-31 | -21.26% |
| 2020-09-30 | -28.58% |
| 2020-06-30 | -33.48% |
| 2020-03-31 | -62.02% |
| 2019-12-31 | -45.81% |
| 2019-09-30 | -77.56% |
| 2019-06-30 | -37.53% |
| 2019-03-31 | -402.86% |
| 2018-12-31 | -360.21% |
| 2018-09-30 | -360.09% |
| 2018-06-30 | -326.57% |
| 2018-03-31 | -184.43% |
| 2017-12-31 | -94.84% |
| 2017-09-30 | -36.01% |
| 2017-06-30 | -45.49% |
| 2017-03-31 | -25.50% |
| 2016-12-31 | -37.90% |
| 2016-09-30 | -119.59% |
| 2016-06-30 | -196.65% |
| 2016-03-31 | -94.49% |
| 2015-12-31 | -79.27% |
| 2015-09-30 | -23.40% |
| 2015-06-30 | -45.45% |
| 2015-03-31 | -54.41% |
| 2014-12-31 | -61.92% |
| 2014-09-30 | -72.19% |
| 2014-06-30 | -91.82% |
| 2014-03-31 | -85.60% |
| 2013-12-31 | -80.97% |
| 2013-09-30 | -95.29% |
| 2013-06-30 | -54.96% |
| 2013-03-31 | -41.34% |
| 2012-12-31 | -36.24% |
| 2012-09-30 | -25.96% |
| 2012-06-30 | -19.66% |
| 2012-03-31 | -15.30% |
| 2011-12-31 | -12.66% |
| 2011-09-30 | -2.55% |
| 2011-06-30 | -10.31% |
| 2011-03-31 | -14.28% |
| 2010-12-31 | -14.18% |
| 2010-09-30 | -28.83% |
| 2010-06-30 | -23.39% |
| 2010-03-31 | -19.04% |
| 2009-12-31 | -20.20% |
| 2009-09-30 | -17.87% |
| 2009-06-30 | -25.38% |
| 2009-03-31 | -28.75% |
| 2008-12-31 | -28.79% |
| 2008-09-30 | -22.24% |
| 2008-06-30 | -10.09% |
| 2008-03-31 | -9.77% |
| 2007-12-31 | -4.82% |
| 2007-09-30 | -4.50% |
| 2007-06-30 | -18.52% |
| 2007-03-31 | -90.67% |
| 2006-12-31 | -140.54% |
| 2006-09-30 | -107.54% |
| 2006-06-30 | -100.12% |
| 2006-03-31 | -72.74% |
| 2005-12-31 | -25.42% |
| 2005-09-30 | -19.82% |
| 2005-06-30 | -10.24% |
| 2005-03-31 | -3.29% |
| 2004-12-31 | -8.10% |
| 2004-09-30 | -14.43% |
| 2004-06-30 | -15.25% |
| 2004-03-31 | -24.46% |
| 2003-12-31 | -33.69% |
| 2003-09-30 | -17.11% |
| 2003-06-30 | -39.70% |