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 -5.06% is 74% above its 5-year average of -19.79%, near the high end of its 5-year range (-45.75%–-5.06%).
As of the fiscal period ended Tuesday, June 30, 2026. 70.32% above its 12-month average of -17.05%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -5.06%.
RETURN ON INVESTED CAPITAL (ROIC)
-5.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-17.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-19.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-19.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-14.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-13.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-15.49%
CURRENT VS TTM AVG
+70.32%
CURRENT VS 3Y AVG
+74.68%
CURRENT VS 5Y AVG
+74.44%
CURRENT VS 10Y AVG
+64.66%
CURRENT VS 15Y AVG
+63.38%
CURRENT VS 20Y AVG
+67.33%
SECTOR MEDIAN · BASIC MATERIALS
5.44%
median of 126 covered companies
CURRENT VS SECTOR MEDIAN
-193.00%
vs the sector median at left
Aemetis, Inc.
Market Cap
$123.14M
Return on Invested Capital (ROIC)
-5.06%
TTM Avg
-17.05%
3Y Avg
-19.98%
5Y Avg
-19.79%
Market Cap
$125.90M
Return on Invested Capital (ROIC)
-6.68%
TTM Avg
-5.39%
3Y Avg
-7.89%
5Y Avg
-6.52%
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
$80.12M
Return on Invested Capital (ROIC)
32.33%
TTM Avg
65.02%
3Y Avg
39.95%
5Y Avg
39.95%
Market Cap
$78.44M
Return on Invested Capital (ROIC)
-52.58%
TTM Avg
-61.00%
3Y Avg
-108.78%
5Y Avg
-245.52%
Market Cap
$167.93M
Return on Invested Capital (ROIC)
-63.94%
TTM Avg
-67.18%
3Y Avg
-54.79%
5Y Avg
-58.98%
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 |
|---|---|---|---|---|---|
| Aemetis, Inc. (AMTX) | $123.14M | -5.06% | -17.05% | -19.98% | -19.79% |
| Ascent Industries Co. (ACNT)vs › | $125.90M | -6.68% | -5.39% | -7.89% | -6.52% |
| 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% |
| Julong Holding Limited (JLHL)vs › | $80.12M | 32.33% | 65.02% | 39.95% | 39.95% |
| Atlas Lithium Corporation (ATLX)vs › | $78.44M | -52.58% | -61.00% | -108.78% | -245.52% |
| 5E Advanced Materials Inc. (FEAM)vs › | $167.93M | -63.94% | -67.18% | -54.79% | -58.98% |
| 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% |
| Namib Minerals (NAMM)vs › | $63.74M | N/A | 92.51% | 57.15% | 38.04% |
ROIC
-5.1%
ROE
N/A
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 | -5.06% |
| 2026-03-31 | -12.92% |
| 2025-12-31 | -18.03% |
| 2025-09-30 | -26.14% |
| 2025-06-30 | -23.09% |
| 2025-03-31 | -24.81% |
| 2024-12-31 | -19.63% |
| 2024-09-30 | -18.66% |
| 2024-06-30 | -21.83% |
| 2024-03-31 | -17.62% |
| 2023-12-31 | -19.08% |
| 2023-09-30 | -16.18% |
| 2023-06-30 | -21.74% |
| 2023-03-31 | -21.30% |
| 2022-12-31 | -20.47% |
| 2022-09-30 | -45.75% |
| 2022-06-30 | -15.95% |
| 2022-03-31 | -13.58% |
| 2021-12-31 | -13.38% |
| 2021-09-30 | -29.90% |
| 2021-06-30 | -21.76% |
| 2021-03-31 | -10.31% |
| 2020-12-31 | -7.36% |
| 2020-09-30 | 3.17% |
| 2020-06-30 | 6.94% |
| 2020-03-31 | -7.24% |
| 2019-12-31 | -7.61% |
| 2019-09-30 | -19.94% |
| 2019-06-30 | -22.68% |
| 2019-03-31 | -21.14% |
| 2018-12-31 | -15.70% |
| 2018-09-30 | -10.75% |
| 2018-06-30 | -12.69% |
| 2018-03-31 | -13.73% |
| 2017-12-31 | -15.85% |
| 2017-09-30 | -9.75% |
| 2017-06-30 | -6.76% |
| 2017-03-31 | -6.06% |
| 2016-12-31 | -1.20% |
| 2016-09-30 | -4.89% |
| 2016-06-30 | -7.92% |
| 2016-03-31 | -8.38% |
| 2015-12-31 | -12.56% |
| 2015-09-30 | -10.81% |
| 2015-06-30 | -2.07% |
| 2015-03-31 | 9.27% |
| 2014-12-31 | 31.16% |
| 2014-09-30 | 48.58% |
| 2014-06-30 | 34.59% |
| 2014-03-31 | 23.05% |
| 2013-12-31 | 3.04% |
| 2013-09-30 | -16.91% |
| 2013-06-30 | -22.08% |
| 2013-03-31 | -27.60% |
| 2012-12-31 | -27.99% |
| 2012-09-30 | -15.79% |
| 2012-03-31 | -110.68% |
| 2011-12-31 | -60.54% |
| 2011-06-30 | -326.13% |
| 2011-03-31 | -95.57% |
| 2010-12-31 | -43.16% |
| 2010-09-30 | -111.44% |
| 2010-06-30 | -80.20% |
| 2010-03-31 | -71.82% |
| 2009-12-31 | -77.07% |
| 2009-09-30 | -77.54% |
| 2009-06-30 | -65.08% |
| 2009-03-31 | -81.67% |
| 2008-12-31 | -81.74% |
| 2008-09-30 | -48.68% |
| 2007-01-31 | -9.74% |
| 2006-04-30 | -143.98% |
| 2006-01-31 | -100.99% |
