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 2.04% is 131% above its 5-year average of -6.49%, near the high end of its 5-year range (-10.17%–2.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 194.10% above its 12-month average of -2.17%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 2.04%.
RETURN ON INVESTED CAPITAL (ROIC)
2.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-2.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-5.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-6.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-7.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-9.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-14.06%
CURRENT VS TTM AVG
+194.10%
CURRENT VS 3Y AVG
+137.98%
CURRENT VS 5Y AVG
+131.41%
CURRENT VS 10Y AVG
+126.90%
CURRENT VS 15Y AVG
+121.56%
CURRENT VS 20Y AVG
+114.49%
SECTOR MEDIAN · HEALTHCARE
-28.79%
median of 492 covered companies
CURRENT VS SECTOR MEDIAN
+107.08%
vs the sector median at left
AtriCure, Inc.
Market Cap
$2.87B
Return on Invested Capital (ROIC)
2.04%
TTM Avg
-2.17%
3Y Avg
-5.37%
5Y Avg
-6.49%
Market Cap
$2.87B
Return on Invested Capital (ROIC)
5.87%
TTM Avg
7.96%
3Y Avg
-0.22%
5Y Avg
-9.17%
Market Cap
$2.88B
Return on Invested Capital (ROIC)
-58.28%
TTM Avg
-46.81%
3Y Avg
-91.88%
5Y Avg
-70.41%
Market Cap
$2.69B
Return on Invested Capital (ROIC)
15.45%
TTM Avg
14.86%
3Y Avg
6.92%
5Y Avg
-8.67%
Market Cap
$2.69B
Return on Invested Capital (ROIC)
6.69%
TTM Avg
7.54%
3Y Avg
8.48%
5Y Avg
6.84%
Market Cap
$3.09B
Return on Invested Capital (ROIC)
-66.60%
TTM Avg
-119.97%
3Y Avg
-72.56%
5Y Avg
-159.91%
Market Cap
$2.64B
Return on Invested Capital (ROIC)
-26.95%
TTM Avg
-26.95%
3Y Avg
-26.95%
5Y Avg
-26.95%
Market Cap
$2.64B
Return on Invested Capital (ROIC)
-28.96%
TTM Avg
-36.25%
3Y Avg
-29.21%
5Y Avg
-30.95%
Market Cap
$3.15B
Return on Invested Capital (ROIC)
9.95%
TTM Avg
-25.98%
3Y Avg
-51.77%
5Y Avg
-51.95%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AtriCure, Inc. (ATRC) | $2.87B | 2.04% | -2.17% | -5.37% | -6.49% |
| TransMedics Group, Inc. (TMDX)vs › | $2.87B | 5.87% | 7.96% | -0.22% | -9.17% |
| Dyne Therapeutics, Inc. (DYN)vs › | $2.88B | -58.28% | -46.81% | -91.88% | -70.41% |
| Aveanna Healthcare Holdings Inc. (AVAH)vs › | $2.69B | 15.45% | 14.86% | 6.92% | -8.67% |
| Acadia Healthcare Company, Inc. (ACHC)vs › | $2.69B | 6.69% | 7.54% | 8.48% | 6.84% |
| Amylyx Pharmaceuticals, Inc. (AMLX)vs › | $3.09B | -66.60% | -119.97% | -72.56% | -159.91% |
| Alamar Biosciences, Inc. (ALMR)vs › | $2.64B | -26.95% | -26.95% | -26.95% | -26.95% |
| Beam Therapeutics Inc. (BEAM)vs › | $2.64B | -28.96% | -36.25% | -29.21% | -30.95% |
| Arcutis Biotherapeutics, Inc. (ARQT)vs › | $3.15B | 9.95% | -25.98% | -51.77% | -51.95% |
| Denali Therapeutics Inc. (DNLI)vs › | $3.16B | -50.82% | -45.69% | -35.19% | -27.59% |
ROIC
2.0%
ROE
2.0%
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 | 2.04% |
| 2026-03-31 | -0.34% |
| 2025-12-31 | -1.47% |
| 2025-09-30 | -4.75% |
| 2025-06-30 | -6.31% |
| 2025-03-31 | -6.61% |
| 2024-12-31 | -7.43% |
| 2024-09-30 | -6.32% |
| 2024-06-30 | -6.50% |
| 2024-03-31 | -6.00% |
| 2023-12-31 | -4.92% |
| 2023-09-30 | -4.11% |
| 2023-06-30 | -4.60% |
| 2023-03-31 | -6.46% |
| 2022-12-31 | -8.04% |
| 2022-09-30 | -9.73% |
| 2022-06-30 | -9.24% |
| 2022-03-31 | -9.38% |
| 2021-12-31 | -9.34% |
| 2021-09-30 | -10.17% |
| 2021-06-30 | -8.04% |
| 2021-03-31 | -6.82% |
| 2020-12-31 | -6.58% |
| 2020-09-30 | -6.23% |
| 2020-06-30 | -6.95% |
| 2020-03-31 | -8.79% |
| 2019-12-31 | -6.49% |
| 2019-09-30 | -3.95% |
| 2019-06-30 | -5.73% |
| 2019-03-31 | -4.19% |
| 2018-12-31 | -5.33% |
| 2018-09-30 | -6.95% |
| 2018-06-30 | -7.15% |
| 2018-03-31 | -10.18% |
| 2017-12-31 | -10.57% |
| 2017-09-30 | -12.75% |
| 2017-06-30 | -12.38% |
| 2017-03-31 | -12.99% |
| 2016-12-31 | -12.49% |
| 2016-09-30 | -13.48% |
| 2016-06-30 | -13.23% |
| 2016-03-31 | -13.13% |
| 2015-12-31 | -11.06% |
| 2015-09-30 | -14.89% |
| 2015-06-30 | -11.23% |
| 2015-03-31 | -10.08% |
| 2014-12-31 | -12.32% |
| 2014-09-30 | -11.92% |
| 2014-06-30 | -13.11% |
| 2014-03-31 | -11.93% |
| 2013-12-31 | -12.48% |
| 2013-09-30 | -18.21% |
| 2013-06-30 | -16.96% |
| 2013-03-31 | -15.80% |
| 2012-12-31 | -32.34% |
| 2012-09-30 | -29.12% |
| 2012-06-30 | -21.66% |
| 2012-03-31 | -19.22% |
| 2011-12-31 | -19.24% |
| 2011-09-30 | -12.75% |
| 2011-06-30 | -10.77% |
| 2011-03-31 | -9.63% |
| 2010-12-31 | -13.95% |
| 2010-09-30 | -22.86% |
| 2010-06-30 | -37.99% |
| 2010-03-31 | -39.40% |
| 2009-12-31 | -61.06% |
| 2009-09-30 | -62.66% |
| 2009-06-30 | -50.93% |
| 2009-03-31 | -67.44% |
| 2008-12-31 | -31.16% |
| 2008-09-30 | -24.51% |
| 2008-06-30 | -30.74% |
| 2008-03-31 | -33.70% |
| 2007-12-31 | -33.37% |
| 2007-09-30 | -39.62% |
| 2007-06-30 | -38.75% |
| 2007-03-31 | -57.25% |
| 2006-12-31 | -46.35% |
| 2006-09-30 | -40.93% |
| 2006-06-30 | -38.76% |
| 2006-03-31 | -30.70% |
| 2005-12-31 | -24.27% |
| 2005-09-30 | -18.70% |
| 2005-06-30 | -97.05% |
| 2005-03-31 | -69.99% |
