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 -249.58% is in line with its 5-year average of -261.93%, near the high end of its 5-year range (-5117.00%–-17.05%).
As of the fiscal period ended Tuesday, June 30, 2026. 87.36% above its 12-month average of -1975.09%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -249.58%.
RETURN ON INVESTED CAPITAL (ROIC)
-249.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1975.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-363.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-261.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-95.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-11.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-4.19%
CURRENT VS TTM AVG
+87.36%
CURRENT VS 3Y AVG
+31.43%
CURRENT VS 5Y AVG
+4.72%
CURRENT VS 10Y AVG
-161.20%
CURRENT VS 15Y AVG
-2045.06%
CURRENT VS 20Y AVG
-5852.57%
SECTOR MEDIAN · HEALTHCARE
-31.62%
median of 547 covered companies
CURRENT VS SECTOR MEDIAN
-689.30%
vs the sector median at left
HeartBeam, Inc.
Market Cap
$33.31M
Return on Invested Capital (ROIC)
-249.58%
TTM Avg
-1975.09%
3Y Avg
-363.95%
5Y Avg
-261.93%
Market Cap
$32.92M
Return on Invested Capital (ROIC)
-207.97%
TTM Avg
-157.56%
3Y Avg
-117.52%
5Y Avg
-96.17%
Market Cap
$32.19M
Return on Invested Capital (ROIC)
-126.84%
TTM Avg
-48.51%
3Y Avg
-88.12%
5Y Avg
-74.86%
Market Cap
$32.31M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-107.47%
3Y Avg
-107.47%
5Y Avg
-107.47%
Market Cap
$34.44M
Return on Invested Capital (ROIC)
-52.61%
TTM Avg
-25.54%
3Y Avg
-42.13%
5Y Avg
-36.31%
Market Cap
$31.52M
Return on Invested Capital (ROIC)
-115.18%
TTM Avg
-232.75%
3Y Avg
-220.13%
5Y Avg
-210.39%
Market Cap
$31.46M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-54.98%
3Y Avg
-73.47%
5Y Avg
-75.57%
Market Cap
$31.23M
Return on Invested Capital (ROIC)
-50.66%
TTM Avg
-13.98%
3Y Avg
7.71%
5Y Avg
25.88%
Market Cap
$30.86M
Return on Invested Capital (ROIC)
-15.35%
TTM Avg
-18.43%
3Y Avg
-24.75%
5Y Avg
-44.47%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HeartBeam, Inc. (BEAT) | $33.31M | -249.58% | -1975.09% | -363.95% | -261.93% |
| Aligos Therapeutics, Inc. (ALGS)vs › | $32.92M | -207.97% | -157.56% | -117.52% | -96.17% |
| Context Therapeutics Inc. (CNTX)vs › | $32.19M | -126.84% | -48.51% | -88.12% | -74.86% |
| EUDA Health Holdings Limited (EUDA)vs › | $32.31M | N/A | -107.47% | -107.47% | -107.47% |
| Grace Therapeutics, Inc. (GRCE)vs › | $34.44M | -52.61% | -25.54% | -42.13% | -36.31% |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $31.52M | -115.18% | -232.75% | -220.13% | -210.39% |
| BeyondSpring Inc. (BYSI)vs › | $31.46M | N/A | -54.98% | -73.47% | -75.57% |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $31.23M | -50.66% | -13.98% | 7.71% | 25.88% |
| MDxHealth S.A. (MDXH)vs › | $30.86M | -15.35% | -18.43% | -24.75% | -44.47% |
| Elutia Inc (ELUT)vs › | $35.82M | -79.27% | -43.87% | -333.47% | -212.56% |
ROIC
-249.6%
ROE
-248.2%
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 | -249.58% |
| 2026-03-31 | -3205.20% |
| 2025-12-31 | -812.18% |
| 2025-09-30 | -5117.00% |
| 2025-06-30 | -491.49% |
| 2025-03-31 | -273.70% |
| 2024-12-31 | -1202.36% |
| 2024-09-30 | -396.83% |
| 2024-06-30 | -203.54% |
| 2024-03-31 | -127.15% |
| 2023-12-31 | -96.09% |
| 2023-09-30 | -80.22% |
| 2023-06-30 | -70.35% |
| 2022-12-31 | -548.95% |
| 2022-09-30 | -185.26% |
| 2022-06-30 | -83.30% |
| 2022-03-31 | -34.94% |
| 2021-12-31 | -17.05% |
| 2021-09-30 | -520.26% |
| 2020-09-30 | 1.71% |
| 2020-06-30 | 3.96% |
| 2020-03-31 | 5.91% |
| 2019-12-31 | 10.50% |
| 2019-09-30 | 11.87% |
| 2019-06-30 | 13.68% |
| 2019-03-31 | 14.66% |
| 2018-12-31 | 15.49% |
| 2018-09-30 | 11.42% |
| 2018-06-30 | 6.38% |
| 2018-03-31 | 9.80% |
| 2017-12-31 | 7.85% |
| 2017-09-30 | 6.22% |
| 2017-06-30 | 18.96% |
| 2017-03-31 | 19.02% |
| 2016-12-31 | 21.26% |
| 2016-09-30 | 23.96% |
| 2016-06-30 | 22.90% |
| 2016-03-31 | 25.15% |
| 2015-12-31 | 21.85% |
| 2015-09-30 | 17.87% |
| 2015-06-30 | 10.32% |
| 2015-03-31 | 16.35% |
| 2014-12-31 | 12.91% |
| 2014-09-30 | 12.93% |
| 2014-06-30 | 11.07% |
| 2014-03-31 | 10.65% |
| 2013-12-31 | 12.26% |
| 2013-09-30 | 21.35% |
| 2013-06-30 | 15.03% |
| 2013-03-31 | 10.19% |
| 2012-12-31 | 3.09% |
| 2012-09-30 | -10.98% |
| 2012-06-30 | -14.89% |
| 2012-03-31 | -16.22% |
| 2011-12-31 | -13.40% |
| 2011-09-30 | -9.82% |
| 2011-06-30 | -10.21% |
| 2011-03-31 | -9.36% |
| 2010-12-31 | -7.47% |
| 2010-09-30 | -8.68% |
| 2010-06-30 | -7.03% |
| 2010-03-31 | -4.98% |
| 2009-12-31 | -5.08% |
| 2009-09-30 | 2.88% |
| 2009-06-30 | 7.94% |
| 2009-03-31 | 8.39% |
| 2008-12-31 | 8.30% |
| 2008-09-30 | -40.96% |
| 2008-06-30 | -29.21% |
| 2008-03-31 | -32.49% |
| 2007-12-31 | -34.42% |
| 2007-06-30 | -8.81% |
| 2006-12-31 | -59.70% |
