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 -10.56% is 64% above its 5-year average of -29.13%, near the high end of its 5-year range (-70.61%–-5.90%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.05% below its 12-month average of -9.59%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -10.56%.
RETURN ON INVESTED CAPITAL (ROIC)
-10.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-9.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-30.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-29.13%
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
-10.05%
CURRENT VS 3Y AVG
+65.11%
CURRENT VS 5Y AVG
+63.76%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.56%
median of 34 covered companies
CURRENT VS SECTOR MEDIAN
-260.84%
vs the sector median at left
AST SpaceMobile, Inc.
Market Cap
$23.78B
Return on Invested Capital (ROIC)
-10.56%
TTM Avg
-9.59%
3Y Avg
-30.27%
5Y Avg
-29.13%
Market Cap
$24.51B
Return on Invested Capital (ROIC)
16.04%
TTM Avg
13.98%
3Y Avg
11.90%
5Y Avg
11.19%
Market Cap
$22.61B
Return on Invested Capital (ROIC)
7.56%
TTM Avg
-3.63%
3Y Avg
-12.34%
5Y Avg
-7.26%
Market Cap
$20.34B
Return on Invested Capital (ROIC)
7.04%
TTM Avg
9.14%
3Y Avg
10.96%
5Y Avg
11.24%
Market Cap
$27.31B
Return on Invested Capital (ROIC)
12.80%
TTM Avg
12.36%
3Y Avg
11.09%
5Y Avg
10.65%
Market Cap
$28.46B
Return on Invested Capital (ROIC)
23.61%
TTM Avg
-5.53%
3Y Avg
-8.04%
5Y Avg
-8.91%
Market Cap
$28.68B
Return on Invested Capital (ROIC)
2.08%
TTM Avg
3.53%
3Y Avg
4.00%
5Y Avg
3.75%
Market Cap
$17.33B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
6.71%
3Y Avg
6.00%
5Y Avg
7.24%
Market Cap
$16.10B
Return on Invested Capital (ROIC)
5.72%
TTM Avg
5.46%
3Y Avg
4.42%
5Y Avg
4.67%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AST SpaceMobile, Inc. (ASTS) | $23.78B | -10.56% | -9.59% | -30.27% | -29.13% |
| Fox Corporation (FOX)vs › | $24.51B | 16.04% | 13.98% | 11.90% | 11.19% |
| Roku, Inc. (ROKU)vs › | $22.61B | 7.56% | -3.63% | -12.34% | -7.26% |
| Omnicom Group Inc. (OMC)vs › | $20.34B | 7.04% | 9.14% | 10.96% | 11.24% |
| Fox Corporation (FOXA)vs › | $27.31B | 12.80% | 12.36% | 11.09% | 10.65% |
| Reddit, Inc. (RDDT)vs › | $28.46B | 23.61% | -5.53% | -8.04% | -8.91% |
| Baidu, Inc. (BIDU)vs › | $28.68B | 2.08% | 3.53% | 4.00% | 3.75% |
| News Corporation (NWS)vs › | $17.33B | 5.72% | 6.71% | 6.00% | 7.24% |
| News Corporation (NWSA)vs › | $16.10B | 5.72% | 5.46% | 4.42% | 4.67% |
| EchoStar Corporation (ECHO)vs › | $14.94B | 2.83% | -0.39% | 0.46% | 8.28% |
ROIC
-10.6%
ROE
-32.7%
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 | -10.56% |
| 2026-03-31 | -6.35% |
| 2025-12-31 | -5.90% |
| 2025-09-30 | -10.95% |
| 2025-06-30 | -14.21% |
| 2025-03-31 | -18.75% |
| 2024-12-31 | -26.58% |
| 2024-09-30 | -31.65% |
| 2024-06-30 | -44.93% |
| 2024-03-31 | -49.65% |
| 2023-12-31 | -70.61% |
| 2023-09-30 | -54.19% |
| 2023-06-30 | -49.13% |
| 2023-03-31 | -43.23% |
| 2022-12-31 | -35.44% |
| 2022-09-30 | -35.82% |
| 2022-06-30 | -31.15% |
| 2022-03-31 | -27.10% |
| 2021-12-31 | -20.32% |
| 2021-09-30 | -14.86% |
| 2021-06-30 | -10.42% |
| 2021-03-31 | -41.91% |
| 2020-12-31 | -27.47% |
| 2020-09-30 | -19.85% |
| 2020-06-30 | -5.84% |
| 2020-03-31 | -3.27% |