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 2.34% is 768% above its 5-year average of -0.35%, near the high end of its 5-year range (-4.84%–2.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 21.50% above its 12-month average of 1.92%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 2.34%.
RETURN ON INVESTED CAPITAL (ROIC)
2.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-4.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+21.50%
CURRENT VS 3Y AVG
+55.14%
CURRENT VS 5Y AVG
+768.36%
CURRENT VS 10Y AVG
+155.44%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
3.42%
median of 401 covered companies
CURRENT VS SECTOR MEDIAN
-31.67%
vs the sector median at left
BlackLine, Inc.
Market Cap
$1.65B
Return on Invested Capital (ROIC)
2.34%
TTM Avg
1.92%
3Y Avg
1.51%
5Y Avg
-0.35%
Market Cap
$1.67B
Return on Invested Capital (ROIC)
-1.90%
TTM Avg
-11.84%
3Y Avg
-11.84%
5Y Avg
-11.84%
Market Cap
$1.69B
Return on Invested Capital (ROIC)
-61.51%
TTM Avg
-52.50%
3Y Avg
-42.26%
5Y Avg
-32.31%
Market Cap
$1.60B
Return on Invested Capital (ROIC)
4.58%
TTM Avg
2.00%
3Y Avg
0.53%
5Y Avg
-0.23%
Market Cap
$1.58B
Return on Invested Capital (ROIC)
-7.51%
TTM Avg
5.97%
3Y Avg
6.20%
5Y Avg
6.50%
Market Cap
$1.74B
Return on Invested Capital (ROIC)
-18.97%
TTM Avg
-15.36%
3Y Avg
-12.27%
5Y Avg
-9.56%
Market Cap
$1.78B
Return on Invested Capital (ROIC)
-4.70%
TTM Avg
-10.29%
3Y Avg
-23.95%
5Y Avg
-53.13%
Market Cap
$1.51B
Return on Invested Capital (ROIC)
-4.79%
TTM Avg
-9.23%
3Y Avg
-12.93%
5Y Avg
-12.95%
Market Cap
$1.45B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
-2.81%
3Y Avg
-2.57%
5Y Avg
3.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackLine, Inc. (BL) | $1.65B | 2.34% | 1.92% | 1.51% | -0.35% |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.67B | -1.90% | -11.84% | -11.84% | -11.84% |
| C3.ai, Inc. (AI)vs › | $1.69B | -61.51% | -52.50% | -42.26% | -32.31% |
| EverCommerce Inc. (EVCM)vs › | $1.60B | 4.58% | 2.00% | 0.53% | -0.23% |
| Concentrix Corporation (CNXC)vs › | $1.58B | -7.51% | 5.97% | 6.20% | 6.50% |
| Wolfspeed Inc. (WOLF)vs › | $1.74B | -18.97% | -15.36% | -12.27% | -9.56% |
| Quantum Computing, Inc. (QUBT)vs › | $1.78B | -4.70% | -10.29% | -23.95% | -53.13% |
| Alkami Technology, Inc. (ALKT)vs › | $1.51B | -4.79% | -9.23% | -12.93% | -12.95% |
| Corsair Gaming, Inc. (CRSR)vs › | $1.45B | 4.88% | -2.81% | -2.57% | 3.31% |
| PagerDuty, Inc. (PD)vs › | $1.42B | 4.77% | -4.41% | -11.76% | -12.49% |
ROIC
2.3%
ROE
11.0%
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 | 2.34% |
| 2026-03-31 | 2.02% |
| 2025-12-31 | 1.45% |
| 2025-09-30 | 1.94% |
| 2025-06-30 | 1.86% |
| 2025-03-31 | 1.48% |
| 2024-12-31 | 1.32% |
| 2024-09-30 | 1.78% |
| 2024-06-30 | 0.99% |
| 2024-03-31 | 1.78% |
| 2023-12-31 | 0.82% |
| 2023-09-30 | 0.29% |
| 2023-06-30 | -0.87% |
| 2023-03-31 | -2.94% |
| 2022-12-31 | -3.57% |
| 2022-09-30 | -4.84% |
| 2022-06-30 | -3.13% |
| 2022-03-31 | -2.96% |
| 2021-12-31 | -2.58% |
| 2021-09-30 | -1.98% |
| 2021-06-30 | -2.55% |
| 2021-03-31 | -2.14% |
| 2020-12-31 | -2.28% |
| 2020-09-30 | -2.07% |
| 2020-06-30 | -2.80% |
| 2020-03-31 | -3.19% |
| 2019-12-31 | -3.45% |
| 2019-09-30 | -3.96% |
| 2019-06-30 | -8.24% |
| 2019-03-31 | -9.23% |
| 2018-12-31 | -8.92% |
| 2018-09-30 | -8.18% |
| 2018-06-30 | -10.92% |
| 2018-03-31 | -10.50% |
| 2017-12-31 | -11.54% |
| 2017-09-30 | -12.46% |
| 2017-06-30 | -10.46% |
| 2017-03-31 | -10.56% |
| 2016-12-31 | -10.82% |
| 2016-09-30 | -14.93% |
| 2016-06-30 | -18.79% |
| 2016-03-31 | -18.55% |
| 2015-12-31 | -16.34% |
| 2015-09-30 | -13.86% |
