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 -50.04% is 78% above its 4-year average of -222.94%, near the high end of its 4-year range (-1439.34%–-22.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.12% below its 12-month average of -40.00%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -50.04%.
RETURN ON INVESTED CAPITAL (ROIC)
-50.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-40.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-288.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-25.12%
CURRENT VS 3Y AVG
+82.67%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
-40.40%
vs the sector median at left
Alpha Cognition Inc
Market Cap
$138.38M
Return on Invested Capital (ROIC)
-50.04%
TTM Avg
-40.00%
3Y Avg
-288.76%
5Y Avg
N/A
Market Cap
$138.03M
Return on Invested Capital (ROIC)
-7.95%
TTM Avg
-23.12%
3Y Avg
-29.64%
5Y Avg
-23.50%
Market Cap
$139.96M
Return on Invested Capital (ROIC)
-100.04%
TTM Avg
-99.87%
3Y Avg
-64.81%
5Y Avg
-51.77%
Market Cap
$140.13M
Return on Invested Capital (ROIC)
-32.73%
TTM Avg
-84.24%
3Y Avg
-68.85%
5Y Avg
-57.28%
Market Cap
$136.58M
Return on Invested Capital (ROIC)
-0.98%
TTM Avg
-12.17%
3Y Avg
-37.42%
5Y Avg
-26.70%
Market Cap
$135.82M
Return on Invested Capital (ROIC)
-38.45%
TTM Avg
-32.47%
3Y Avg
-32.47%
5Y Avg
-32.47%
Market Cap
$133.45M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$142.60M
Return on Invested Capital (ROIC)
-61.13%
TTM Avg
-65.92%
3Y Avg
-49.38%
5Y Avg
-37.06%
Market Cap
$144.06M
Return on Invested Capital (ROIC)
-10.85%
TTM Avg
-101.00%
3Y Avg
-120.85%
5Y Avg
-96.47%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alpha Cognition Inc (ACOG) | $138.38M | -50.04% | -40.00% | -288.76% | N/A |
| KORU Medical Systems, Inc. (KRMD)vs › | $138.03M | -7.95% | -23.12% | -29.64% | -23.50% |
| Sutro Biopharma, Inc. (STRO)vs › | $139.96M | -100.04% | -99.87% | -64.81% | -51.77% |
| Immuneering Corporation (IMRX)vs › | $140.13M | -32.73% | -84.24% | -68.85% | -57.28% |
| Organigram Global Inc. (OGI)vs › | $136.58M | -0.98% | -12.17% | -37.42% | -26.70% |
| Atrium Therapeutics, Inc. (RNA)vs › | $135.82M | -38.45% | -32.47% | -32.47% | -32.47% |
| Freenome, Inc. (FRNM)vs › | $133.45M | N/A | N/A | N/A | N/A |
| Nyxoah S.A. (NYXH)vs › | $142.60M | -61.13% | -65.92% | -49.38% | -37.06% |
| Fortress Biotech, Inc. (FBIOP)vs › | $144.06M | -10.85% | -101.00% | -120.85% | -96.47% |
| Health Catalyst, Inc. (HCAT)vs › | $131.53M | -21.42% | -8.92% | -14.86% | -16.42% |
ROIC
-50.0%
ROE
-44.3%
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 | -50.04% |
| 2026-03-31 | -42.40% |
| 2025-12-31 | -31.98% |
| 2025-09-30 | -43.06% |
| 2025-06-30 | -32.51% |
| 2025-03-31 | -22.63% |
| 2024-12-31 | -22.93% |
| 2024-09-30 | -337.18% |
| 2024-06-30 | -1439.34% |
| 2024-03-31 | -473.46% |
| 2023-12-31 | -919.49% |
| 2023-06-30 | -1200.63% |
| 2023-03-31 | -471.41% |
| 2022-09-30 | -432.23% |
| 2022-06-30 | -244.19% |
| 2022-03-31 | -125.89% |
| 2021-12-31 | -94.64% |
