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 -4.46% is 21% below its 4-year average of -3.69%, around the middle of its 4-year range (-9.42%–0.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 70.59% below its 12-month average of -2.61%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -4.46%.
RETURN ON INVESTED CAPITAL (ROIC)
-4.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-2.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.36%
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
-70.59%
CURRENT VS 3Y AVG
-32.68%
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 · INDUSTRIALS
3.99%
median of 395 covered companies
CURRENT VS SECTOR MEDIAN
-211.66%
vs the sector median at left
Arq, Inc.
Market Cap
$87.49M
Return on Invested Capital (ROIC)
-4.46%
TTM Avg
-2.61%
3Y Avg
-3.36%
5Y Avg
N/A
Market Cap
$87.23M
Return on Invested Capital (ROIC)
-4.14%
TTM Avg
-0.39%
3Y Avg
-0.39%
5Y Avg
-0.39%
Market Cap
$82.98M
Return on Invested Capital (ROIC)
-7.45%
TTM Avg
-2.22%
3Y Avg
-1.57%
5Y Avg
-1.61%
Market Cap
$82.60M
Return on Invested Capital (ROIC)
-8.18%
TTM Avg
13.07%
3Y Avg
-1.94%
5Y Avg
-9.68%
Market Cap
$94.70M
Return on Invested Capital (ROIC)
5.00%
TTM Avg
-1.33%
3Y Avg
-0.55%
5Y Avg
0.98%
Market Cap
$79.41M
Return on Invested Capital (ROIC)
-27.74%
TTM Avg
-18.98%
3Y Avg
-23.29%
5Y Avg
-23.29%
Market Cap
$79.15M
Return on Invested Capital (ROIC)
6.83%
TTM Avg
6.11%
3Y Avg
12.80%
5Y Avg
7.02%
Market Cap
$78.89M
Return on Invested Capital (ROIC)
-7.45%
TTM Avg
-2.22%
3Y Avg
-1.57%
5Y Avg
-1.61%
Market Cap
$78.52M
Return on Invested Capital (ROIC)
-26.32%
TTM Avg
-98.29%
3Y Avg
-275.15%
5Y Avg
-200.88%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arq, Inc. (ARQ) | $87.49M | -4.46% | -2.61% | -3.36% | N/A |
| Hadron Energy, Inc. (HDRN)vs › | $87.23M | -4.14% | -0.39% | -0.39% | -0.39% |
| Air T, Inc. (AIRT)vs › | $82.98M | -7.45% | -2.22% | -1.57% | -1.61% |
| Byrna Technologies Inc. (BYRN)vs › | $82.60M | -8.18% | 13.07% | -1.94% | -9.68% |
| RF Industries, Ltd. (RFIL)vs › | $94.70M | 5.00% | -1.33% | -0.55% | 0.98% |
| Elite Express Holding Inc. (ETS)vs › | $79.41M | -27.74% | -18.98% | -23.29% | -23.29% |
| Pyxis Tankers Inc. (PXS)vs › | $79.15M | 6.83% | 6.11% | 12.80% | 7.02% |
| Air T, Inc. (AIRTP)vs › | $78.89M | -7.45% | -2.22% | -1.57% | -1.61% |
| Momentus Inc. (MNTS)vs › | $78.52M | -26.32% | -98.29% | -275.15% | -200.88% |
| Blink Charging Co. (BLNK)vs › | $77.59M | -67.75% | -67.37% | -48.08% | -46.80% |
ROIC
-4.5%
ROE
-31.1%
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 | -4.46% |
| 2026-03-31 | -4.73% |
| 2025-12-31 | -3.95% |
| 2025-09-30 | -0.52% |
| 2025-06-30 | 0.59% |
| 2025-03-31 | 0.65% |
| 2024-12-31 | -0.77% |
| 2024-09-30 | 0.29% |
| 2024-06-30 | -1.70% |
| 2024-03-31 | -4.03% |
| 2023-12-31 | -6.20% |
| 2023-09-30 | -9.41% |
| 2023-06-30 | -9.42% |
| 2023-03-31 | -7.68% |
| 2022-12-31 | -7.62% |
| 2022-09-30 | -2.71% |
| 2022-06-30 | -0.99% |
