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 -63.42% is 14% above its 5-year average of -73.90%, near the high end of its 5-year range (-184.55%–-11.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 43.54% above its 12-month average of -112.33%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -63.42%.
RETURN ON INVESTED CAPITAL (ROIC)
-63.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-112.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-102.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-73.90%
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
+43.54%
CURRENT VS 3Y AVG
+38.36%
CURRENT VS 5Y AVG
+14.18%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
4.06%
median of 366 covered companies
CURRENT VS SECTOR MEDIAN
-1662.12%
vs the sector median at left
Aeva Technologies, Inc.
Market Cap
$965.75M
Return on Invested Capital (ROIC)
-63.42%
TTM Avg
-112.33%
3Y Avg
-102.89%
5Y Avg
-73.90%
Market Cap
$990.24M
Return on Invested Capital (ROIC)
-2.77%
TTM Avg
-21.19%
3Y Avg
-21.04%
5Y Avg
-13.96%
Market Cap
$1.02B
Return on Invested Capital (ROIC)
-2.64%
TTM Avg
-2.92%
3Y Avg
-2.48%
5Y Avg
-1.47%
Market Cap
$1.03B
Return on Invested Capital (ROIC)
-6.69%
TTM Avg
-62.93%
3Y Avg
-170.77%
5Y Avg
-155.29%
Market Cap
$897.50M
Return on Invested Capital (ROIC)
3.08%
TTM Avg
1.24%
3Y Avg
1.20%
5Y Avg
0.78%
Market Cap
$867.96M
Return on Invested Capital (ROIC)
-0.01%
TTM Avg
-4.17%
3Y Avg
-1.81%
5Y Avg
1.62%
Market Cap
$859.47M
Return on Invested Capital (ROIC)
12.95%
TTM Avg
12.96%
3Y Avg
13.16%
5Y Avg
9.20%
Market Cap
$843.50M
Return on Invested Capital (ROIC)
0.76%
TTM Avg
5.96%
3Y Avg
3.00%
5Y Avg
-0.33%
Market Cap
$833.00M
Return on Invested Capital (ROIC)
-11.30%
TTM Avg
-30.35%
3Y Avg
-47.09%
5Y Avg
-37.35%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aeva Technologies, Inc. (AEVA) | $965.75M | -63.42% | -112.33% | -102.89% | -73.90% |
| Rackspace Technology, Inc. (RXT)vs › | $990.24M | -2.77% | -21.19% | -21.04% | -13.96% |
| CEVA, Inc. (CEVA)vs › | $1.02B | -2.64% | -2.92% | -2.48% | -1.47% |
| POET Technologies Inc. (POET)vs › | $1.03B | -6.69% | -62.93% | -170.77% | -155.29% |
| Daily Journal Corporation (DJCO)vs › | $897.50M | 3.08% | 1.24% | 1.20% | 0.78% |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $867.96M | -0.01% | -4.17% | -1.81% | 1.62% |
| Daktronics, Inc. (DAKT)vs › | $859.47M | 12.95% | 12.96% | 13.16% | 9.20% |
| Frequency Electronics, Inc. (FEIM)vs › | $843.50M | 0.76% | 5.96% | 3.00% | -0.33% |
| Backblaze, Inc. (BLZE)vs › | $833.00M | -11.30% | -30.35% | -47.09% | -37.35% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.11B | -8.52% | 2.02% | 1.95% | 1.89% |
ROIC
-63.4%
ROE
-117.8%
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 | -63.42% |
| 2026-03-31 | -112.62% |
| 2025-12-31 | -88.71% |
| 2025-09-30 | -184.55% |
| 2025-03-31 | -183.25% |
| 2024-12-31 | -142.20% |
| 2024-09-30 | -115.89% |
| 2024-06-30 | -93.70% |
| 2024-03-31 | -71.02% |
| 2023-12-31 | -61.84% |
| 2023-09-30 | -61.09% |
| 2023-06-30 | -56.37% |
| 2023-03-31 | -50.67% |
| 2022-12-31 | -45.39% |
| 2022-09-30 | -37.59% |
| 2022-06-30 | -32.02% |
| 2022-03-31 | -27.24% |
| 2021-12-31 | -22.41% |
| 2021-09-30 | -16.54% |
| 2021-06-30 | -11.53% |
| 2021-03-31 | -7.35% |
| 2020-12-31 | -95.49% |
| 2020-09-30 | -64.12% |