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 -0.65% is 84% above its 5-year average of -4.19%, near the high end of its 5-year range (-9.14%–0.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 77.33% above its 12-month average of -2.89%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -0.65%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-2.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-4.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-3.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-1.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-1.55%
CURRENT VS TTM AVG
+77.33%
CURRENT VS 3Y AVG
+78.26%
CURRENT VS 5Y AVG
+84.37%
CURRENT VS 10Y AVG
+78.62%
CURRENT VS 15Y AVG
+50.51%
CURRENT VS 20Y AVG
+57.64%
SECTOR MEDIAN · TECHNOLOGY
2.25%
median of 533 covered companies
CURRENT VS SECTOR MEDIAN
-129.10%
vs the sector median at left
Asure Software, Inc.
Market Cap
$223.38M
Return on Invested Capital (ROIC)
-0.65%
TTM Avg
-2.89%
3Y Avg
-3.01%
5Y Avg
-4.19%
Market Cap
$218.91M
Return on Invested Capital (ROIC)
-7.85%
TTM Avg
-6.75%
3Y Avg
-11.98%
5Y Avg
-8.39%
Market Cap
$216.50M
Return on Invested Capital (ROIC)
-20.95%
TTM Avg
-24.80%
3Y Avg
-33.64%
5Y Avg
-31.71%
Market Cap
$216.35M
Return on Invested Capital (ROIC)
-99.71%
TTM Avg
-59.76%
3Y Avg
-59.76%
5Y Avg
-59.76%
Market Cap
$225.86M
Return on Invested Capital (ROIC)
-181.50%
TTM Avg
-41.73%
3Y Avg
-22.59%
5Y Avg
-14.19%
Market Cap
$207.64M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$207.44M
Return on Invested Capital (ROIC)
-20.01%
TTM Avg
-26.00%
3Y Avg
-17.11%
5Y Avg
-11.11%
Market Cap
$204.53M
Return on Invested Capital (ROIC)
-34.96%
TTM Avg
-17.98%
3Y Avg
-12.34%
5Y Avg
-19.12%
Market Cap
$238.58M
Return on Invested Capital (ROIC)
11.75%
TTM Avg
12.32%
3Y Avg
4.30%
5Y Avg
8.87%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asure Software, Inc. (ASUR) | $223.38M | -0.65% | -2.89% | -3.01% | -4.19% |
| Expensify, Inc. (EXFY)vs › | $218.91M | -7.85% | -6.75% | -11.98% | -8.39% |
| GSI Technology, Inc. (GSIT)vs › | $216.50M | -20.95% | -24.80% | -33.64% | -31.71% |
| Bitzero Holdings Inc. Common Shares (AIBZ)vs › | $216.35M | -99.71% | -59.76% | -59.76% | -59.76% |
| GoPro, Inc. (GPRO)vs › | $225.86M | -181.50% | -41.73% | -22.59% | -14.19% |
| GDEV Inc. (GDEV)vs › | $207.64M | N/A | N/A | N/A | N/A |
| One Stop Systems, Inc. (OSS)vs › | $207.44M | -20.01% | -26.00% | -17.11% | -11.11% |
| QuickLogic Corporation (QUIK)vs › | $204.53M | -34.96% | -17.98% | -12.34% | -19.12% |
| Alliance Entertainment Holding Corp. (AENT)vs › | $238.58M | 11.75% | 12.32% | 4.30% | 8.87% |
| Bgin Blockchain Limited (BGIN)vs › | $245.37M | -542.34% | -84.44% | -20.22% | -0.27% |
ROIC
-0.7%
ROE
-4.3%
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 | -0.65% |
| 2026-03-31 | -1.46% |
| 2025-12-31 | -3.05% |
| 2025-09-30 | -4.60% |
| 2025-06-30 | -4.68% |
| 2025-03-31 | -5.53% |
| 2024-12-31 | -4.88% |
| 2024-09-30 | -5.57% |
| 2024-06-30 | -3.85% |
| 2024-03-31 | -2.56% |
| 2023-12-31 | -1.48% |
| 2023-09-30 | 0.58% |
| 2023-06-30 | -1.43% |
| 2023-03-31 | -3.68% |
| 2022-12-31 | -5.99% |
| 2022-09-30 | -7.79% |
| 2022-06-30 | -7.71% |
| 2022-03-31 | -4.85% |
| 2021-12-31 | -5.06% |
| 2021-09-30 | -4.61% |
| 2021-06-30 | -9.14% |
| 2021-03-31 | -8.42% |
| 2020-12-31 | -8.48% |
| 2020-09-30 | -32.55% |
| 2020-06-30 | -28.27% |
| 2020-03-31 | -28.22% |
| 2019-12-31 | -26.99% |
| 2019-09-30 | -2.57% |
| 2019-06-30 | -3.08% |
| 2019-03-31 | -2.65% |
| 2018-12-31 | -2.88% |
| 2018-09-30 | -1.44% |
| 2018-06-30 | -0.29% |
| 2018-03-31 | -0.33% |
| 2017-12-31 | -0.70% |
| 2017-09-30 | -0.35% |
| 2017-06-30 | 0.02% |
| 2017-03-31 | 2.76% |
| 2016-12-31 | 2.46% |
| 2016-09-30 | 2.05% |
| 2016-06-30 | -1.43% |
| 2016-03-31 | -2.37% |
| 2015-12-31 | -1.69% |
| 2015-09-30 | 2.56% |
| 2015-06-30 | 3.35% |
| 2015-03-31 | 5.81% |
| 2014-12-31 | 7.61% |
| 2014-09-30 | 8.00% |
| 2014-06-30 | 8.74% |
| 2014-03-31 | 7.62% |
| 2013-12-31 | 3.49% |
| 2013-09-30 | 1.26% |
| 2013-06-30 | -3.65% |
| 2013-03-31 | -4.47% |
| 2012-12-31 | -2.26% |
| 2012-09-30 | -1.94% |
| 2012-06-30 | 1.83% |
| 2012-03-31 | 2.28% |
| 2011-12-31 | 0.96% |
| 2011-09-30 | 0.83% |
| 2011-06-30 | -0.04% |
| 2011-03-31 | -38.43% |
| 2010-12-31 | -40.66% |
| 2009-10-31 | -225.01% |
| 2009-07-31 | -177.07% |
| 2009-04-30 | -124.64% |
| 2009-01-31 | -112.04% |
| 2008-10-31 | -98.81% |
| 2008-07-31 | -84.75% |
| 2008-04-30 | -11.48% |
| 2008-01-31 | 18.18% |
| 2007-10-31 | 16.70% |
| 2007-07-31 | 35.61% |
| 2007-04-30 | 29.24% |
| 2007-01-31 | -6.81% |
| 2006-10-31 | 0.97% |
| 2006-07-31 | -32.16% |
| 2006-04-30 | -45.02% |
| 2006-01-31 | -60.20% |
| 2005-10-31 | -83.65% |
| 2005-07-31 | -65.03% |
| 2005-04-30 | -45.56% |
| 2005-01-31 | -37.03% |
| 2004-10-31 | -77.44% |
| 2004-07-31 | -91.33% |
| 2004-04-30 | -63.75% |
| 2004-01-31 | -20.06% |
| 2003-10-31 | 14.80% |
| 2003-07-31 | 20.66% |
| 2003-04-30 | 14.56% |