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 -9.32% is 40% above its 5-year average of -15.56%, near the high end of its 5-year range (-28.52%–-5.05%).
As of the fiscal period ended Friday, July 31, 2026. 28.83% above its 12-month average of -13.09%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2027 (2026-07-31): -9.32%.
RETURN ON INVESTED CAPITAL (ROIC)
-9.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-13.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-19.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-15.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-11.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-0.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+28.83%
CURRENT VS 3Y AVG
+52.76%
CURRENT VS 5Y AVG
+40.12%
CURRENT VS 10Y AVG
+18.81%
CURRENT VS 15Y AVG
-1390.51%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-214.06%
vs the sector median at left
Ambarella, Inc.
Market Cap
$3.19B
Return on Invested Capital (ROIC)
-9.32%
TTM Avg
-13.09%
3Y Avg
-19.73%
5Y Avg
-15.56%
Market Cap
$3.06B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$3.03B
Return on Invested Capital (ROIC)
1.89%
TTM Avg
4.48%
3Y Avg
5.67%
5Y Avg
5.61%
Market Cap
$3.54B
Return on Invested Capital (ROIC)
4.62%
TTM Avg
-0.95%
3Y Avg
-6.22%
5Y Avg
-73.15%
Market Cap
$2.69B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.88%
3Y Avg
-11.48%
5Y Avg
-9.39%
Market Cap
$3.78B
Return on Invested Capital (ROIC)
6.58%
TTM Avg
12.52%
3Y Avg
18.35%
5Y Avg
16.71%
Market Cap
$3.87B
Return on Invested Capital (ROIC)
-33.24%
TTM Avg
4.75%
3Y Avg
-5.82%
5Y Avg
-10.73%
Market Cap
$3.93B
Return on Invested Capital (ROIC)
7.58%
TTM Avg
8.26%
3Y Avg
5.23%
5Y Avg
2.71%
Market Cap
$3.98B
Return on Invested Capital (ROIC)
33.31%
TTM Avg
25.16%
3Y Avg
8.55%
5Y Avg
-1.46%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ambarella, Inc. (AMBA) | $3.19B | -9.32% | -13.09% | -19.73% | -15.56% |
| Bel Fuse Inc. (BELFB)vs › | $3.06B | 9.24% | 8.32% | 11.76% | 9.86% |
| Veeco Instruments Inc. (VECO)vs › | $3.03B | 1.89% | 4.48% | 5.67% | 5.61% |
| monday.com Ltd. (MNDY)vs › | $3.54B | 4.62% | -0.95% | -6.22% | -73.15% |
| Bitdeer Technologies Group (BTDR)vs › | $2.69B | -8.92% | -10.88% | -11.48% | -9.39% |
| Axcelis Technologies, Inc. (ACLS)vs › | $3.78B | 6.58% | 12.52% | 18.35% | 16.71% |
| Wix.com Ltd. (WIX)vs › | $3.87B | -33.24% | 4.75% | -5.82% | -10.73% |
| Itron, Inc. (ITRI)vs › | $3.93B | 7.58% | 8.26% | 5.23% | 2.71% |
| Clear Secure, Inc. (YOU)vs › | $3.98B | 33.31% | 25.16% | 8.55% | -1.46% |
| AXT, Inc. (AXTI)vs › | $4.01B | 0.23% | -5.08% | -3.35% | -1.38% |
ROIC
-9.3%
ROE
-9.1%
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) |
|---|---|
| 2026-07-31 | -9.32% |
| 2026-04-30 | -11.73% |
| 2026-01-31 | -13.10% |
| 2025-10-31 | -14.53% |
| 2025-07-31 | -16.80% |
| 2025-04-30 | -19.37% |
| 2025-01-31 | -22.08% |
| 2024-10-31 | -25.35% |
| 2024-07-31 | -28.52% |
| 2024-04-30 | -27.98% |
| 2024-01-31 | -26.90% |
| 2023-10-31 | -22.39% |
| 2023-07-31 | -18.41% |
| 2023-04-30 | -15.90% |
| 2023-01-31 | -11.85% |
| 2022-10-31 | -10.41% |
| 2022-07-31 | -7.41% |
| 2022-04-30 | -5.05% |
| 2022-01-31 | -5.22% |
| 2021-10-31 | -5.68% |
| 2021-07-31 | -8.84% |
| 2021-04-30 | -10.82% |
| 2021-01-31 | -12.25% |
| 2020-10-31 | -12.51% |
| 2020-07-31 | -10.76% |
| 2020-04-30 | -9.79% |
| 2020-01-31 | -10.48% |
| 2019-10-31 | -10.82% |
| 2019-07-31 | -11.84% |
| 2019-04-30 | -11.15% |
| 2019-01-31 | -9.45% |
| 2018-10-31 | -5.86% |
| 2018-07-31 | -0.02% |
| 2018-04-30 | 1.36% |
| 2018-01-31 | 3.63% |
| 2017-10-31 | 7.30% |
| 2017-07-31 | 11.39% |
| 2017-04-30 | 12.25% |
| 2017-01-31 | 12.52% |
| 2016-10-31 | 10.37% |
| 2016-07-31 | 11.71% |
| 2016-04-30 | 15.55% |
| 2016-01-31 | 21.02% |
| 2015-10-31 | 25.96% |
| 2015-07-31 | 26.00% |
| 2015-04-30 | 23.98% |
| 2015-01-31 | 21.11% |
| 2014-10-31 | 18.18% |
| 2014-07-31 | 15.84% |
| 2014-04-30 | 15.45% |
| 2014-01-31 | 16.26% |
| 2013-10-31 | 16.31% |
| 2013-07-31 | 16.31% |
| 2013-04-30 | 16.72% |
| 2013-01-31 | 15.88% |
| 2012-10-31 | 15.77% |
| 2012-07-31 | 21.27% |
| 2012-04-30 | 16.70% |
| 2012-01-31 | 16.84% |
