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 -6.68% is 256% below its 5-year average of -1.87%, around the middle of its 5-year range (-26.95%–16.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.02% below its 12-month average of -5.56%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -6.68%.
RETURN ON INVESTED CAPITAL (ROIC)
-6.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-5.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-11.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-1.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-2.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-0.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
2.18%
CURRENT VS TTM AVG
-20.02%
CURRENT VS 3Y AVG
+42.26%
CURRENT VS 5Y AVG
-256.10%
CURRENT VS 10Y AVG
-142.23%
CURRENT VS 15Y AVG
-804.38%
CURRENT VS 20Y AVG
-406.03%
SECTOR MEDIAN · BASIC MATERIALS
5.44%
median of 126 covered companies
CURRENT VS SECTOR MEDIAN
-222.72%
vs the sector median at left
Ascent Industries Co.
Market Cap
$125.90M
Return on Invested Capital (ROIC)
-6.68%
TTM Avg
-5.56%
3Y Avg
-11.56%
5Y Avg
-1.87%
Market Cap
$123.49M
Return on Invested Capital (ROIC)
-5.06%
TTM Avg
-18.83%
3Y Avg
-19.30%
5Y Avg
-16.32%
Market Cap
$118.50M
Return on Invested Capital (ROIC)
10.19%
TTM Avg
15.64%
3Y Avg
8.60%
5Y Avg
9.03%
Market Cap
$95.09M
Return on Invested Capital (ROIC)
-23.38%
TTM Avg
-14.98%
3Y Avg
-14.62%
5Y Avg
-8.81%
Market Cap
$167.72M
Return on Invested Capital (ROIC)
-63.94%
TTM Avg
-67.18%
3Y Avg
-54.79%
5Y Avg
-58.98%
Market Cap
$81.45M
Return on Invested Capital (ROIC)
32.33%
TTM Avg
65.02%
3Y Avg
39.95%
5Y Avg
39.95%
Market Cap
$78.30M
Return on Invested Capital (ROIC)
-52.58%
TTM Avg
-61.00%
3Y Avg
-108.78%
5Y Avg
-245.52%
Market Cap
$73.37M
Return on Invested Capital (ROIC)
-2.18%
TTM Avg
-2.59%
3Y Avg
-4.04%
5Y Avg
-0.72%
Market Cap
$66.31M
Return on Invested Capital (ROIC)
-71.13%
TTM Avg
-124.89%
3Y Avg
-102.92%
5Y Avg
-95.21%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ascent Industries Co. (ACNT) | $125.90M | -6.68% | -5.56% | -11.56% | -1.87% |
| Aemetis, Inc. (AMTX)vs › | $123.49M | -5.06% | -18.83% | -19.30% | -16.32% |
| Smith-Midland Corporation (SMID)vs › | $118.50M | 10.19% | 15.64% | 8.60% | 9.03% |
| Caesarstone Ltd. (CSTE)vs › | $95.09M | -23.38% | -14.98% | -14.62% | -8.81% |
| 5E Advanced Materials Inc. (FEAM)vs › | $167.72M | -63.94% | -67.18% | -54.79% | -58.98% |
| Julong Holding Limited (JLHL)vs › | $81.45M | 32.33% | 65.02% | 39.95% | 39.95% |
| Atlas Lithium Corporation (ATLX)vs › | $78.30M | -52.58% | -61.00% | -108.78% | -245.52% |
| Northern Technologies International Corporation (NTIC)vs › | $73.37M | -2.18% | -2.59% | -4.04% | -0.72% |
| Nexmetals Mining Corp. (NEXM)vs › | $66.31M | -71.13% | -124.89% | -102.92% | -95.21% |
| Hongli Group Inc. (HLP)vs › | $187.22M | 3.14% | 0.31% | 3.18% | 8.68% |
ROIC
-6.7%
ROE
-5.5%
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 | -6.68% |
| 2026-03-31 | -7.95% |
| 2025-12-31 | -6.91% |
| 2025-09-30 | -3.60% |
| 2025-06-30 | -2.68% |
| 2025-03-31 | -2.64% |
| 2024-12-31 | -4.60% |
| 2024-09-30 | -11.55% |
| 2024-06-30 | -22.89% |
| 2024-03-31 | -26.66% |
| 2023-12-31 | -26.95% |
| 2023-09-30 | -19.56% |
| 2023-06-30 | -7.66% |
| 2023-03-31 | 1.67% |
| 2022-12-31 | 9.84% |
| 2022-09-30 | 14.13% |
| 2022-06-30 | 16.40% |
| 2022-03-31 | 13.32% |
| 2021-12-31 | 10.08% |
| 2021-09-30 | 3.12% |
| 2021-06-30 | -7.45% |
| 2021-03-31 | -15.57% |
| 2020-12-31 | -17.66% |
| 2020-09-30 | -13.41% |
| 2020-06-30 | -6.19% |
| 2020-03-31 | -0.93% |
| 2019-12-31 | -0.77% |
| 2019-09-30 | 1.56% |
| 2019-06-30 | 3.98% |
| 2019-03-31 | 5.19% |
| 2018-12-31 | 8.88% |
| 2018-09-30 | 8.74% |
| 2018-06-30 | 5.20% |
| 2018-03-31 | 4.11% |
| 2017-12-31 | 1.87% |
| 2017-09-30 | -0.78% |
| 2017-06-30 | -2.20% |
| 2017-03-31 | -4.76% |
| 2016-12-31 | -7.79% |
| 2016-09-30 | -23.92% |
| 2016-06-30 | -17.43% |
| 2016-03-31 | -13.54% |
| 2015-12-31 | -10.55% |
| 2015-09-30 | 4.04% |
| 2015-06-30 | 6.05% |
| 2015-03-31 | 6.64% |
| 2014-12-31 | 7.55% |
| 2014-09-30 | 4.58% |
| 2014-06-30 | 2.84% |
| 2014-03-31 | 1.09% |
| 2013-12-31 | 0.43% |
| 2013-09-30 | 3.51% |
| 2013-06-30 | 3.93% |
| 2013-03-31 | 4.31% |
| 2012-12-31 | 4.13% |
| 2012-09-30 | 3.92% |
| 2012-06-30 | 4.77% |
| 2012-03-31 | 5.74% |
| 2011-12-31 | 7.24% |
| 2011-09-30 | 7.80% |
| 2011-06-30 | 9.46% |
| 2011-03-31 | 8.69% |
| 2010-12-31 | 6.05% |
| 2010-09-30 | 3.61% |
| 2010-06-30 | 2.15% |
| 2010-03-31 | 0.39% |
| 2009-12-31 | 0.59% |
| 2009-09-30 | -0.82% |
| 2009-06-30 | 1.30% |
| 2009-03-31 | 6.29% |
| 2008-12-31 | 8.11% |
| 2008-09-30 | 10.20% |
| 2008-06-30 | 12.75% |
| 2008-03-31 | 11.78% |
| 2007-12-31 | 15.03% |
| 2007-09-30 | 16.61% |
| 2007-06-30 | 17.15% |
| 2007-03-31 | 16.01% |
| 2006-12-31 | 11.57% |
| 2006-09-30 | 9.87% |
| 2006-06-30 | 7.38% |
| 2006-03-31 | 6.85% |
| 2005-12-31 | 8.68% |
| 2005-09-30 | 9.13% |
| 2005-06-30 | 8.57% |
| 2005-03-31 | 7.03% |
| 2004-12-31 | 5.35% |
| 2004-09-30 | 3.05% |
| 2004-06-30 | 5.39% |
| 2004-03-31 | 4.55% |
| 2003-12-31 | 2.20% |
| 2003-09-30 | 2.43% |
| 2003-06-30 | 0.33% |
