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 4.42% is 33% below its 5-year average of 6.57%, near the low end of its 5-year range (3.03%–9.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.98% below its 12-month average of 5.33%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 4.42%.
RETURN ON INVESTED CAPITAL (ROIC)
4.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-16.98%
CURRENT VS 3Y AVG
-38.49%
CURRENT VS 5Y AVG
-32.62%
CURRENT VS 10Y AVG
-38.78%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
+928.90%
vs the sector median at left
ACM Research, Inc.
Market Cap
$4.83B
Return on Invested Capital (ROIC)
4.42%
TTM Avg
5.33%
3Y Avg
7.19%
5Y Avg
6.57%
Market Cap
$4.82B
Return on Invested Capital (ROIC)
7.58%
TTM Avg
6.87%
3Y Avg
8.33%
5Y Avg
8.62%
Market Cap
$4.89B
Return on Invested Capital (ROIC)
15.67%
TTM Avg
0.80%
3Y Avg
-10.06%
5Y Avg
-9.94%
Market Cap
$4.89B
Return on Invested Capital (ROIC)
16.90%
TTM Avg
9.79%
3Y Avg
8.61%
5Y Avg
4.21%
Market Cap
$4.95B
Return on Invested Capital (ROIC)
3.00%
TTM Avg
1.69%
3Y Avg
8.04%
5Y Avg
8.45%
Market Cap
$4.97B
Return on Invested Capital (ROIC)
-1.54%
TTM Avg
-6.53%
3Y Avg
-14.42%
5Y Avg
-15.62%
Market Cap
$4.66B
Return on Invested Capital (ROIC)
-3.65%
TTM Avg
-3.86%
3Y Avg
-3.90%
5Y Avg
0.76%
Market Cap
$5.04B
Return on Invested Capital (ROIC)
-17.89%
TTM Avg
-19.02%
3Y Avg
-36.50%
5Y Avg
-49.50%
Market Cap
$4.61B
Return on Invested Capital (ROIC)
42.50%
TTM Avg
27.09%
3Y Avg
-2.17%
5Y Avg
-2.38%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ACM Research, Inc. (ACMR) | $4.83B | 4.42% | 5.33% | 7.19% | 6.57% |
| Insight Enterprises, Inc. (NSIT)vs › | $4.82B | 7.58% | 6.87% | 8.33% | 8.62% |
| Remitly Global, Inc. (RELY)vs › | $4.89B | 15.67% | 0.80% | -10.06% | -9.94% |
| Box, Inc. (BOX)vs › | $4.89B | 16.90% | 9.79% | 8.61% | 4.21% |
| Diodes Incorporated (DIOD)vs › | $4.95B | 3.00% | 1.69% | 8.04% | 8.45% |
| Klaviyo, Inc. (KVYO)vs › | $4.97B | -1.54% | -6.53% | -14.42% | -15.62% |
| Synaptics Incorporated (SYNA)vs › | $4.66B | -3.65% | -3.86% | -3.90% | 0.76% |
| Rigetti Computing, Inc. (RGTI)vs › | $5.04B | -17.89% | -19.02% | -36.50% | -49.50% |
| Dave Inc. (DAVE)vs › | $4.61B | 42.50% | 27.09% | -2.17% | -2.38% |
| Navan, Inc. (NAVN)vs › | $5.10B | -14.25% | -13.27% | -18.11% | -18.11% |
ROIC
4.4%
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 | 4.42% |
| 2026-03-31 | 4.39% |
| 2025-12-31 | 4.40% |
| 2025-09-30 | 5.12% |
| 2025-06-30 | 8.30% |
| 2025-03-31 | 8.71% |
| 2024-12-31 | 9.23% |
| 2024-09-30 | 8.53% |
| 2024-06-30 | 8.54% |
| 2024-03-31 | 8.70% |
| 2023-12-31 | 7.77% |
| 2023-09-30 | 7.94% |
| 2023-06-30 | 7.44% |
| 2023-03-31 | 6.19% |
| 2022-12-31 | 4.94% |
| 2022-09-30 | 5.47% |
| 2022-06-30 | 4.32% |
| 2022-03-31 | 3.03% |
| 2021-12-31 | 4.50% |
| 2021-09-30 | 8.57% |
| 2021-06-30 | 7.38% |
| 2021-03-31 | 8.82% |
| 2020-12-31 | 8.08% |
| 2020-09-30 | 8.71% |
| 2020-06-30 | 10.00% |
| 2020-03-31 | 9.84% |
| 2019-12-31 | 10.00% |
| 2019-09-30 | 11.22% |
| 2019-06-30 | 13.97% |
| 2019-03-31 | 12.85% |
| 2018-12-31 | 8.69% |
| 2018-09-30 | 10.72% |
| 2018-06-30 | 4.69% |
| 2018-03-31 | 0.58% |
| 2017-12-31 | 1.37% |
| 2017-09-30 | 2.73% |
| 2017-06-30 | 5.77% |
| 2016-12-31 | 8.68% |
| 2016-09-30 | 23.70% |
