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 -1.33% is in line with its 5-year average of -1.27%, around the middle of its 5-year range (-3.20%–-0.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 104.62% below its 12-month average of -0.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-30): -1.33%.
RETURN ON INVESTED CAPITAL (ROIC)
-1.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-0.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-1.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
1.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.46%
CURRENT VS TTM AVG
-104.62%
CURRENT VS 3Y AVG
+11.33%
CURRENT VS 5Y AVG
-5.39%
CURRENT VS 10Y AVG
-201.33%
CURRENT VS 15Y AVG
-223.12%
CURRENT VS 20Y AVG
-191.66%
SECTOR MEDIAN · HEALTHCARE
-31.62%
median of 547 covered companies
CURRENT VS SECTOR MEDIAN
+95.78%
vs the sector median at left
Azenta, Inc.
Market Cap
$2.03B
Return on Invested Capital (ROIC)
-1.33%
TTM Avg
-0.65%
3Y Avg
-1.51%
5Y Avg
-1.27%
Market Cap
$2.03B
Return on Invested Capital (ROIC)
-89.73%
TTM Avg
-14.48%
3Y Avg
-24.76%
5Y Avg
-41.39%
Market Cap
$2.00B
Return on Invested Capital (ROIC)
-57.17%
TTM Avg
-63.49%
3Y Avg
-47.92%
5Y Avg
-137.67%
Market Cap
$2.01B
Return on Invested Capital (ROIC)
6.33%
TTM Avg
5.44%
3Y Avg
-1.33%
5Y Avg
-7.01%
Market Cap
$2.00B
Return on Invested Capital (ROIC)
21.77%
TTM Avg
7.57%
3Y Avg
-7.64%
5Y Avg
-15.11%
Market Cap
$2.02B
Return on Invested Capital (ROIC)
-4.68%
TTM Avg
-2.93%
3Y Avg
-9.02%
5Y Avg
-10.48%
Market Cap
$2.07B
Return on Invested Capital (ROIC)
3.61%
TTM Avg
5.05%
3Y Avg
-22.39%
5Y Avg
-28.34%
Market Cap
$1.98B
Return on Invested Capital (ROIC)
-51.06%
TTM Avg
-99.01%
3Y Avg
-126.31%
5Y Avg
-97.79%
Market Cap
$2.10B
Return on Invested Capital (ROIC)
8.61%
TTM Avg
7.04%
3Y Avg
7.13%
5Y Avg
6.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Azenta, Inc. (AZTA) | $2.03B | -1.33% | -0.65% | -1.51% | -1.27% |
| BioCryst Pharmaceuticals, Inc. (BCRX)vs › | $2.03B | -89.73% | -14.48% | -24.76% | -41.39% |
| Mineralys Therapeutics, Inc. (MLYS)vs › | $2.00B | -57.17% | -63.49% | -47.92% | -137.67% |
| Inspire Medical Systems, Inc. (INSP)vs › | $2.01B | 6.33% | 5.44% | -1.33% | -7.01% |
| Aurinia Pharmaceuticals Inc. (AUPH)vs › | $2.00B | 21.77% | 7.57% | -7.64% | -15.11% |
| AxoGen, Inc. (AXGN)vs › | $2.02B | -4.68% | -2.93% | -9.02% | -10.48% |
| Alvotech (ALVO)vs › | $2.07B | 3.61% | 5.05% | -22.39% | -28.34% |
| Immunome, Inc. (IMNM)vs › | $1.98B | -51.06% | -99.01% | -126.31% | -97.79% |
| Addus HomeCare Corporation (ADUS)vs › | $2.10B | 8.61% | 7.04% | 7.13% | 6.52% |
| Establishment Labs Holdings Inc. (ESTA)vs › | $1.94B | -6.53% | -15.76% | -21.33% | -21.68% |
ROIC
-1.3%
ROE
-8.1%
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 | -1.33% |
| 2026-03-31 | -0.95% |
| 2025-12-31 | -0.43% |
| 2025-09-30 | -0.36% |
| 2025-06-30 | -0.19% |
| 2025-03-31 | -0.50% |
| 2024-12-31 | -0.75% |
| 2024-09-30 | -1.35% |
| 2024-06-30 | -2.17% |
| 2024-03-31 | -2.47% |
| 2023-12-31 | -2.89% |
| 2023-09-30 | -3.20% |
| 2023-06-30 | -2.97% |
| 2023-03-31 | -2.43% |
| 2022-12-31 | -1.64% |
| 2022-09-30 | -0.69% |
| 2022-06-30 | -0.25% |
| 2022-03-31 | -0.13% |
| 2021-12-31 | -0.62% |
| 2021-09-30 | -0.60% |
| 2021-06-30 | -0.66% |
| 2021-03-31 | 0.80% |
| 2020-12-31 | 2.12% |
| 2020-09-30 | 3.53% |
| 2020-06-30 | 4.47% |
| 2020-03-31 | 3.86% |
| 2019-12-31 | 4.07% |
| 2019-09-30 | 4.42% |
| 2019-06-30 | 1.95% |
| 2019-03-31 | 2.82% |
| 2018-12-31 | 2.97% |
| 2018-09-30 | 3.57% |
| 2018-06-30 | 5.07% |
| 2018-03-31 | 5.96% |
| 2017-12-31 | 6.00% |
| 2017-09-30 | 9.06% |
| 2017-06-30 | 8.57% |
| 2017-03-31 | 7.48% |
| 2016-12-31 | 2.84% |
| 2016-09-30 | 0.63% |
| 2016-06-30 | 0.39% |
| 2016-03-31 | 0.56% |
| 2015-12-31 | 1.87% |
| 2015-09-30 | 2.11% |
| 2015-06-30 | 0.86% |
| 2015-03-31 | -1.54% |
| 2014-12-31 | -1.63% |
| 2014-09-30 | -0.03% |
| 2014-06-30 | 0.16% |
| 2014-03-31 | 1.18% |
| 2013-12-31 | 0.86% |
| 2013-09-30 | -1.40% |
| 2013-06-30 | -2.87% |
| 2013-03-31 | -2.24% |
| 2012-12-31 | -0.76% |
| 2012-09-30 | 1.45% |
| 2012-06-30 | 3.37% |
| 2012-03-31 | 6.93% |
| 2011-12-31 | 10.40% |
| 2011-09-30 | 14.26% |
| 2011-06-30 | 17.71% |
| 2011-03-31 | 19.16% |
| 2010-12-31 | 16.68% |
| 2010-09-30 | 11.46% |
| 2010-06-30 | 2.65% |
| 2010-03-31 | -8.84% |
| 2009-12-31 | -56.77% |
| 2009-09-30 | -66.51% |
| 2009-06-30 | -121.14% |
| 2009-03-31 | -109.79% |
| 2008-12-31 | -50.65% |
| 2008-09-30 | -42.35% |
| 2008-06-30 | -3.31% |
| 2008-03-31 | -0.22% |
| 2007-12-31 | 2.31% |
| 2007-09-30 | 4.44% |
| 2007-06-30 | 6.05% |
| 2007-03-31 | 6.34% |
| 2006-12-31 | 6.11% |
| 2006-09-30 | 2.94% |
| 2006-06-30 | 0.18% |
| 2006-03-31 | -1.18% |
| 2005-12-31 | -1.96% |
| 2005-09-30 | -1.19% |
| 2005-06-30 | 1.52% |
| 2005-03-31 | 3.82% |
| 2004-12-31 | 5.83% |
| 2004-09-30 | 10.23% |
| 2004-06-30 | 2.98% |
| 2004-03-31 | -7.30% |
| 2003-12-31 | -14.52% |
| 2003-09-30 | -44.25% |
| 2003-06-30 | -164.19% |