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 10.72% is 1982% above its 5-year average of 0.51%, near the high end of its 5-year range (-9.43%–10.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 1414.27% above its 12-month average of 0.71%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 10.72%.
RETURN ON INVESTED CAPITAL (ROIC)
10.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
0.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-9.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-16.28%
CURRENT VS TTM AVG
+1414.27%
CURRENT VS 3Y AVG
+398.91%
CURRENT VS 5Y AVG
+1981.58%
CURRENT VS 10Y AVG
+4394.85%
CURRENT VS 15Y AVG
+216.98%
CURRENT VS 20Y AVG
+165.85%
SECTOR MEDIAN · TECHNOLOGY
2.75%
median of 448 covered companies
CURRENT VS SECTOR MEDIAN
+289.03%
vs the sector median at left
Digital Turbine, Inc.
Market Cap
$1.34B
Return on Invested Capital (ROIC)
10.72%
TTM Avg
0.71%
3Y Avg
-3.59%
5Y Avg
0.51%
Market Cap
$1.35B
Return on Invested Capital (ROIC)
20.85%
TTM Avg
14.89%
3Y Avg
11.70%
5Y Avg
22.19%
Market Cap
$1.27B
Return on Invested Capital (ROIC)
-2.57%
TTM Avg
-29.84%
3Y Avg
-29.84%
5Y Avg
-29.84%
Market Cap
$1.42B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
-4.41%
3Y Avg
-11.76%
5Y Avg
-12.49%
Market Cap
$1.43B
Return on Invested Capital (ROIC)
10.68%
TTM Avg
15.30%
3Y Avg
20.25%
5Y Avg
20.25%
Market Cap
$1.22B
Return on Invested Capital (ROIC)
6.89%
TTM Avg
4.25%
3Y Avg
4.45%
5Y Avg
3.12%
Market Cap
$1.46B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
-2.81%
3Y Avg
-2.57%
5Y Avg
3.31%
Market Cap
$1.51B
Return on Invested Capital (ROIC)
-4.79%
TTM Avg
-9.23%
3Y Avg
-12.93%
5Y Avg
-12.95%
Market Cap
$1.11B
Return on Invested Capital (ROIC)
-8.52%
TTM Avg
2.02%
3Y Avg
1.95%
5Y Avg
1.89%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Digital Turbine, Inc. (APPS) | $1.34B | 10.72% | 0.71% | -3.59% | 0.51% |
| Cricut, Inc. (CRCT)vs › | $1.35B | 20.85% | 14.89% | 11.70% | 22.19% |
| Boost Run Inc. Class A Common Stock (BRUN)vs › | $1.27B | -2.57% | -29.84% | -29.84% | -29.84% |
| PagerDuty, Inc. (PD)vs › | $1.42B | 4.77% | -4.41% | -11.76% | -12.49% |
| Mega Fortune Company Limited (MGRT)vs › | $1.43B | 10.68% | 15.30% | 20.25% | 20.25% |
| Harmonic Inc. (HLIT)vs › | $1.22B | 6.89% | 4.25% | 4.45% | 3.12% |
| Corsair Gaming, Inc. (CRSR)vs › | $1.46B | 4.88% | -2.81% | -2.57% | 3.31% |
| Alkami Technology, Inc. (ALKT)vs › | $1.51B | -4.79% | -9.23% | -12.93% | -12.95% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.11B | -8.52% | 2.02% | 1.95% | 1.89% |
| Arteris, Inc. (AIP)vs › | $1.10B | -30.00% | -69.53% | -59.66% | -48.38% |
ROIC
10.7%
ROE
-14.1%
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) |
|---|---|
| 2026-06-30 | 10.72% |
| 2026-03-31 | 5.87% |
| 2025-12-31 | 0.11% |
| 2025-09-30 | -5.85% |
| 2025-06-30 | -7.30% |
| 2025-03-31 | -9.11% |
| 2024-12-31 | -9.20% |
| 2024-09-30 | -9.01% |
| 2024-06-30 | -9.43% |
| 2024-03-31 | -7.48% |
| 2023-12-31 | -5.19% |
| 2023-09-30 | -2.38% |
| 2023-06-30 | 1.65% |
| 2023-03-31 | 3.37% |
| 2022-12-31 | 6.31% |
| 2022-09-30 | 7.33% |
| 2022-06-30 | 7.00% |
| 2022-03-31 | 6.84% |
| 2021-12-31 | 9.20% |
| 2021-09-30 | 9.20% |
| 2021-06-30 | 8.16% |
| 2021-03-31 | 35.83% |
| 2020-12-31 | 33.88% |
| 2020-09-30 | 24.76% |
| 2020-06-30 | 18.00% |
| 2020-03-31 | 12.73% |
| 2019-12-31 | 20.62% |
| 2019-09-30 | 20.81% |
| 2019-06-30 | 14.91% |
| 2019-03-31 | 7.73% |
| 2018-12-31 | 0.40% |
| 2018-09-30 | -7.15% |
| 2018-06-30 | -11.20% |
| 2018-03-31 | -11.31% |
| 2017-12-31 | -9.43% |
| 2017-09-30 | -15.63% |
| 2017-06-30 | -22.02% |
| 2017-03-31 | -28.67% |
| 2016-12-31 | -29.15% |
| 2016-09-30 | -27.31% |
| 2016-06-30 | -28.84% |
| 2016-03-31 | -27.73% |
| 2015-12-31 | -30.37% |
| 2015-09-30 | -33.29% |
| 2015-06-30 | -27.40% |
| 2015-03-31 | -23.22% |
| 2014-12-31 | -85.87% |
| 2014-09-30 | -67.37% |
| 2014-06-30 | -56.51% |
| 2014-03-31 | -48.57% |
| 2013-12-31 | -94.23% |
| 2013-09-30 | -76.70% |
| 2013-06-30 | -106.27% |
| 2013-03-31 | -187.41% |
| 2012-12-31 | -225.39% |
| 2012-09-30 | -245.75% |
| 2012-06-30 | -208.58% |
| 2012-03-31 | -191.75% |
| 2011-09-30 | -144.22% |
| 2011-06-30 | -161.39% |
| 2011-03-31 | -156.04% |
| 2010-12-31 | -884.70% |
| 2010-09-30 | -317.81% |
| 2010-06-30 | -275.38% |
| 2010-03-31 | -124.37% |
| 2009-12-31 | -44.41% |
| 2009-09-30 | -47.13% |
| 2009-06-30 | -49.72% |
| 2009-03-31 | -53.71% |
| 2008-12-31 | -8.80% |
| 2008-09-30 | -11.01% |
| 2008-06-30 | -8.56% |
| 2008-03-31 | -5.60% |
| 2007-12-31 | -35.31% |
| 2007-09-30 | -11.28% |
| 2007-06-30 | -12.32% |
| 2007-03-31 | -8.20% |
| 2006-12-31 | -5.39% |
| 2006-09-30 | -13.25% |
| 2005-09-30 | -3772.57% |
| 2005-06-30 | -98.25% |
| 2004-12-31 | 18.08% |
