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 1.40% is 51% below its 5-year average of 2.86%, near the low end of its 5-year range (-1.51%–8.97%).
As of the fiscal period ended Tuesday, June 30, 2026. 73.89% below its 12-month average of 5.37%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 1.40%.
RETURN ON INVESTED CAPITAL (ROIC)
1.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
0.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-1.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-1.47%
CURRENT VS TTM AVG
-73.89%
CURRENT VS 3Y AVG
-68.03%
CURRENT VS 5Y AVG
-50.93%
CURRENT VS 10Y AVG
+64.09%
CURRENT VS 15Y AVG
+202.81%
CURRENT VS 20Y AVG
+195.61%
SECTOR MEDIAN · HEALTHCARE
-34.77%
median of 763 covered companies
CURRENT VS SECTOR MEDIAN
+104.03%
vs the sector median at left
BioMarin Pharmaceutical Inc.
Market Cap
$10.87B
Return on Invested Capital (ROIC)
1.40%
TTM Avg
5.37%
3Y Avg
4.39%
5Y Avg
2.86%
Market Cap
$10.98B
Return on Invested Capital (ROIC)
4.76%
TTM Avg
4.09%
3Y Avg
3.90%
5Y Avg
4.30%
Market Cap
$10.65B
Return on Invested Capital (ROIC)
11.74%
TTM Avg
10.95%
3Y Avg
8.97%
5Y Avg
9.05%
Market Cap
$10.41B
Return on Invested Capital (ROIC)
10.49%
TTM Avg
5.87%
3Y Avg
5.79%
5Y Avg
6.13%
Market Cap
$10.36B
Return on Invested Capital (ROIC)
-45.63%
TTM Avg
-80.95%
3Y Avg
-90.71%
5Y Avg
-98.29%
Market Cap
$11.34B
Return on Invested Capital (ROIC)
7.86%
TTM Avg
5.36%
3Y Avg
7.03%
5Y Avg
8.47%
Market Cap
$11.47B
Return on Invested Capital (ROIC)
-37.02%
TTM Avg
-44.30%
3Y Avg
-70.13%
5Y Avg
-81.62%
Market Cap
$10.19B
Return on Invested Capital (ROIC)
8.90%
TTM Avg
10.00%
3Y Avg
10.19%
5Y Avg
11.72%
Market Cap
$10.16B
Return on Invested Capital (ROIC)
7.29%
TTM Avg
7.04%
3Y Avg
6.95%
5Y Avg
7.54%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BioMarin Pharmaceutical Inc. (BMRN) | $10.87B | 1.40% | 5.37% | 4.39% | 2.86% |
| The Cooper Companies, Inc. (COO)vs › | $10.98B | 4.76% | 4.09% | 3.90% | 4.30% |
| Universal Health Services, Inc. (UHS)vs › | $10.65B | 11.74% | 10.95% | 8.97% | 9.05% |
| Globus Medical, Inc. (GMED)vs › | $10.41B | 10.49% | 5.87% | 5.79% | 6.13% |
| ImmunityBio, Inc. (IBRX)vs › | $10.36B | -45.63% | -80.95% | -90.71% | -98.29% |
| Bio-Techne Corporation (TECH)vs › | $11.34B | 7.86% | 5.36% | 7.03% | 8.47% |
| Madrigal Pharmaceuticals, Inc. (MDGL)vs › | $11.47B | -37.02% | -44.30% | -70.13% | -81.62% |
| Align Technology, Inc. (ALGN)vs › | $10.19B | 8.90% | 10.00% | 10.19% | 11.72% |
| The Ensign Group, Inc. (ENSG)vs › | $10.16B | 7.29% | 7.04% | 6.95% | 7.54% |
| Repligen Corporation (RGEN)vs › | $10.08B | 1.85% | 0.17% | 2.33% | 3.34% |
ROIC
1.4%
ROE
1.1%
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 | 1.40% |
| 2026-03-31 | 3.93% |
| 2025-12-31 | 5.64% |
| 2025-09-30 | 6.92% |
| 2025-06-30 | 8.97% |
| 2025-03-31 | 7.39% |
| 2024-12-31 | 5.98% |
| 2024-09-30 | 4.52% |
| 2024-06-30 | 3.36% |
| 2024-03-31 | 2.74% |
| 2023-12-31 | 2.49% |
| 2023-09-30 | 2.13% |
| 2023-06-30 | 1.57% |
| 2023-03-31 | 1.27% |
| 2022-12-31 | 2.45% |
| 2022-09-30 | 1.57% |
| 2022-06-30 | 0.97% |
| 2022-03-31 | 0.54% |
| 2021-12-31 | -1.51% |
| 2021-09-30 | -1.12% |
| 2021-06-30 | -1.17% |
| 2021-03-31 | -2.17% |
| 2020-12-31 | -0.69% |
| 2020-09-30 | -0.02% |
| 2020-06-30 | 1.21% |
| 2020-03-31 | 1.37% |
| 2019-12-31 | -2.44% |
| 2019-09-30 | -3.18% |
| 2019-06-30 | -3.77% |
| 2019-03-31 | -3.38% |
| 2018-12-31 | -3.16% |
| 2018-09-30 | -0.65% |
| 2018-06-30 | -0.60% |
| 2018-03-31 | -0.93% |
| 2017-12-31 | -0.35% |
| 2017-09-30 | -3.90% |
| 2017-06-30 | -5.73% |
| 2017-03-31 | -20.51% |
| 2016-12-31 | -22.28% |
| 2016-09-30 | -17.56% |
| 2016-06-30 | -23.09% |
| 2016-03-31 | -3.84% |
| 2015-12-31 | -3.37% |
| 2015-09-30 | -8.37% |
| 2015-06-30 | -5.38% |
| 2015-03-31 | -3.95% |
| 2014-12-31 | -4.15% |
| 2014-09-30 | -3.87% |
| 2014-06-30 | -6.81% |
| 2014-03-31 | -6.84% |
| 2013-12-31 | -7.57% |
| 2013-09-30 | -10.37% |
| 2013-06-30 | -7.56% |
| 2013-03-31 | -8.34% |
| 2012-12-31 | -7.75% |
| 2012-09-30 | -5.82% |
| 2012-06-30 | -6.25% |
| 2012-03-31 | -4.83% |
| 2011-12-31 | -2.80% |
| 2011-09-30 | -1.30% |
| 2011-06-30 | -0.19% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.05% |
| 2010-09-30 | 0.89% |
| 2010-06-30 | 2.15% |
| 2010-03-31 | 2.44% |
| 2009-12-31 | 1.08% |
| 2009-09-30 | 4.34% |
| 2009-06-30 | 3.53% |
| 2009-03-31 | 3.47% |
| 2008-12-31 | 4.33% |
| 2008-09-30 | -0.18% |
| 2008-06-30 | -2.68% |
| 2008-03-31 | -5.06% |
| 2007-12-31 | -7.51% |
| 2007-09-30 | -7.92% |
| 2007-06-30 | -6.19% |
| 2007-03-31 | -8.09% |
| 2006-12-31 | -5.82% |
| 2006-09-30 | -6.02% |
| 2006-06-30 | -8.00% |
| 2006-03-31 | -11.44% |
| 2005-12-31 | -38.62% |
| 2005-09-30 | -74.27% |
| 2005-06-30 | -106.42% |
| 2005-03-31 | -115.57% |
| 2004-12-31 | -87.19% |
| 2004-09-30 | -43.79% |
| 2004-06-30 | -36.67% |
| 2004-03-31 | -33.28% |
| 2003-12-31 | -31.13% |
| 2003-09-30 | -28.69% |
| 2003-06-30 | -24.50% |