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 11.75% is 24% above its 4-year average of 9.48%, near the high end of its 4-year range (-16.82%–16.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.02% below its 12-month average of 13.66%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 11.75%.
RETURN ON INVESTED CAPITAL (ROIC)
11.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.48%
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
-14.02%
CURRENT VS 3Y AVG
+12.12%
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 · TECHNOLOGY
3.26%
median of 409 covered companies
CURRENT VS SECTOR MEDIAN
+260.37%
vs the sector median at left
Alliance Entertainment Holding Corp.
Market Cap
$239.09M
Return on Invested Capital (ROIC)
11.75%
TTM Avg
13.66%
3Y Avg
10.48%
5Y Avg
N/A
Market Cap
$239.43M
Return on Invested Capital (ROIC)
-17.28%
TTM Avg
-14.37%
3Y Avg
-64.14%
5Y Avg
-64.75%
Market Cap
$241.31M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
1.76%
3Y Avg
4.50%
5Y Avg
7.81%
Market Cap
$232.70M
Return on Invested Capital (ROIC)
-181.50%
TTM Avg
-41.73%
3Y Avg
-22.59%
5Y Avg
-14.19%
Market Cap
$227.86M
Return on Invested Capital (ROIC)
-0.65%
TTM Avg
-3.96%
3Y Avg
-3.85%
5Y Avg
-4.79%
Market Cap
$226.63M
Return on Invested Capital (ROIC)
-7.85%
TTM Avg
-6.75%
3Y Avg
-11.98%
5Y Avg
-8.39%
Market Cap
$254.36M
Return on Invested Capital (ROIC)
-0.32%
TTM Avg
2.04%
3Y Avg
6.50%
5Y Avg
7.38%
Market Cap
$216.42M
Return on Invested Capital (ROIC)
-20.95%
TTM Avg
-24.80%
3Y Avg
-33.64%
5Y Avg
-31.71%
Market Cap
$215.27M
Return on Invested Capital (ROIC)
-99.71%
TTM Avg
-59.76%
3Y Avg
-59.76%
5Y Avg
-59.76%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alliance Entertainment Holding Corp. (AENT) | $239.09M | 11.75% | 13.66% | 10.48% | N/A |
| Aeluma, Inc. (ALMU)vs › | $239.43M | -17.28% | -14.37% | -64.14% | -64.75% |
| Immersion Corporation (IMMR)vs › | $241.31M | 1.99% | 1.76% | 4.50% | 7.81% |
| GoPro, Inc. (GPRO)vs › | $232.70M | -181.50% | -41.73% | -22.59% | -14.19% |
| Asure Software, Inc. (ASUR)vs › | $227.86M | -0.65% | -3.96% | -3.85% | -4.79% |
| Expensify, Inc. (EXFY)vs › | $226.63M | -7.85% | -6.75% | -11.98% | -8.39% |
| Conduent Incorporated (CNDT)vs › | $254.36M | -0.32% | 2.04% | 6.50% | 7.38% |
| GSI Technology, Inc. (GSIT)vs › | $216.42M | -20.95% | -24.80% | -33.64% | -31.71% |
| Bitzero Holdings Inc. Common Shares (AIBZ)vs › | $215.27M | -99.71% | -59.76% | -59.76% | -59.76% |
| Commerce.com, Inc. (CMRC)vs › | $264.86M | 1.10% | -12.22% | -19.84% | -18.59% |
ROIC
11.7%
ROE
11.2%
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 | 11.75% |
| 2026-03-31 | 15.05% |
| 2025-12-31 | 13.68% |
| 2025-09-30 | 14.97% |
| 2025-06-30 | 12.87% |
| 2025-03-31 | 10.76% |
| 2024-12-31 | 9.51% |
| 2024-09-30 | 9.62% |
| 2024-06-30 | 8.46% |
| 2024-03-31 | 4.96% |
| 2023-12-31 | 3.62% |
| 2023-09-30 | -12.54% |
| 2023-06-30 | -14.75% |
| 2023-03-31 | -16.82% |
| 2022-12-31 | -8.58% |
| 2022-09-30 | 6.63% |
| 2022-06-30 | 12.26% |
| 2022-03-31 | 16.63% |
