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 -15.88% is 113% below its 5-year average of -7.46%, near the low end of its 5-year range (-15.88%–6.48%).
As of the fiscal period ended Tuesday, March 31, 2026. 61.98% below its 12-month average of -9.80%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2026 (2026-03-31): -15.88%.
RETURN ON INVESTED CAPITAL (ROIC)
-15.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-9.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-4.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-7.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-14.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-14.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-9.92%
CURRENT VS TTM AVG
-61.98%
CURRENT VS 3Y AVG
-222.70%
CURRENT VS 5Y AVG
-112.98%
CURRENT VS 10Y AVG
-12.24%
CURRENT VS 15Y AVG
-13.28%
CURRENT VS 20Y AVG
-60.05%
SECTOR MEDIAN · INDUSTRIALS
4.71%
median of 351 covered companies
CURRENT VS SECTOR MEDIAN
-437.11%
vs the sector median at left
CBAK Energy Technology, Inc.
Market Cap
$112.14M
Return on Invested Capital (ROIC)
-15.88%
TTM Avg
-9.80%
3Y Avg
-4.92%
5Y Avg
-7.46%
Market Cap
$109.93M
Return on Invested Capital (ROIC)
-21.28%
TTM Avg
-84.50%
3Y Avg
-106.28%
5Y Avg
-123.74%
Market Cap
$106.31M
Return on Invested Capital (ROIC)
-126.86%
TTM Avg
-69.48%
3Y Avg
-24.80%
5Y Avg
0.82%
Market Cap
$118.63M
Return on Invested Capital (ROIC)
0.64%
TTM Avg
0.29%
3Y Avg
-1.51%
5Y Avg
-0.52%
Market Cap
$103.83M
Return on Invested Capital (ROIC)
-1.17%
TTM Avg
4.57%
3Y Avg
36.09%
5Y Avg
32.05%
Market Cap
$101.04M
Return on Invested Capital (ROIC)
0.73%
TTM Avg
2.44%
3Y Avg
2.12%
5Y Avg
-1.03%
Market Cap
$121.94M
Return on Invested Capital (ROIC)
7.73%
TTM Avg
5.53%
3Y Avg
6.46%
5Y Avg
7.08%
Market Cap
$122.92M
Return on Invested Capital (ROIC)
-151.35%
TTM Avg
-204.59%
3Y Avg
-149.34%
5Y Avg
-105.36%
Market Cap
$132.59M
Return on Invested Capital (ROIC)
7.05%
TTM Avg
5.14%
3Y Avg
5.14%
5Y Avg
5.14%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CBAK Energy Technology, Inc. (CBAT) | $112.14M | -15.88% | -9.80% | -4.92% | -7.46% |
| New Horizon Aircraft Ltd (HOVR)vs › | $109.93M | -21.28% | -84.50% | -106.28% | -123.74% |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $106.31M | -126.86% | -69.48% | -24.80% | 0.82% |
| Mobile Infrastructure Corp (BEEP)vs › | $118.63M | 0.64% | 0.29% | -1.51% | -0.52% |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $103.83M | -1.17% | 4.57% | 36.09% | 32.05% |
| Broadwind, Inc. (BWEN)vs › | $101.04M | 0.73% | 2.44% | 2.12% | -1.03% |
| Coda Octopus Group, Inc. (CODA)vs › | $121.94M | 7.73% | 5.53% | 6.46% | 7.08% |
| Wheels Up Experience Inc. (UP)vs › | $122.92M | -151.35% | -204.59% | -149.34% | -105.36% |
| Capstone Energy+, Inc. (CEPL)vs › | $132.59M | 7.05% | 5.14% | 5.14% | 5.14% |
| Hadron Energy, Inc. (HDRN)vs › | $89.02M | -4.14% | -0.39% | -0.39% | -0.39% |
ROIC
-15.9%
ROE
-16.3%
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) |
|---|---|
| 2026-03-31 | -15.88% |
| 2025-12-31 | -12.02% |
| 2025-09-30 | -10.27% |
| 2025-06-30 | -8.23% |
| 2025-03-31 | -2.62% |
| 2024-12-31 | 4.82% |
| 2024-09-30 | 3.16% |
| 2024-06-30 | 6.48% |
| 2024-03-31 | 1.94% |
| 2023-12-31 | -4.72% |
| 2023-09-30 | -6.41% |
| 2023-06-30 | -11.51% |
| 2023-03-31 | -8.71% |
| 2022-12-31 | -7.79% |
| 2022-09-30 | -5.41% |
| 2022-06-30 | -6.27% |
| 2022-03-31 | -7.78% |
| 2021-12-31 | -7.17% |
| 2021-09-30 | -8.39% |
| 2021-06-30 | -6.94% |
| 2021-03-31 | -5.04% |
| 2020-12-31 | -10.09% |
| 2020-09-30 | -10.11% |
| 2020-06-30 | -13.65% |
| 2020-03-31 | -16.34% |
| 2019-12-31 | -15.92% |
| 2019-09-30 | -17.96% |
| 2019-06-30 | -23.08% |
| 2019-03-31 | -24.21% |
| 2018-12-31 | -25.63% |
| 2018-09-30 | -35.41% |
| 2018-06-30 | -40.60% |
| 2018-03-31 | -38.83% |
| 2017-12-31 | -39.73% |
| 2017-09-30 | -21.19% |
| 2017-06-30 | -21.21% |
| 2017-03-31 | -21.44% |
| 2016-12-31 | -22.48% |
| 2016-09-30 | -23.49% |
| 2016-06-30 | -20.99% |
| 2016-03-31 | -18.89% |
| 2015-12-31 | -14.42% |
| 2015-09-30 | -6.36% |
| 2015-06-30 | -2.83% |
| 2015-03-31 | -7.29% |
| 2014-12-31 | -12.03% |
| 2014-09-30 | -141.75% |
| 2014-03-31 | -42.02% |
| 2013-12-31 | -49.22% |
| 2013-09-30 | -59.88% |
| 2013-06-30 | -27.78% |
| 2013-03-31 | -31.13% |
| 2012-12-31 | -27.78% |
| 2012-09-30 | -19.23% |
| 2012-06-30 | -10.24% |
| 2012-03-31 | -4.42% |
| 2011-12-31 | -0.26% |
| 2011-09-30 | -2.28% |
| 2011-06-30 | -4.24% |
| 2011-03-31 | -6.59% |
| 2010-12-31 | -5.69% |
| 2010-09-30 | -6.08% |
| 2010-06-30 | -4.69% |
| 2010-03-31 | -1.71% |
| 2009-12-31 | -3.02% |
| 2009-09-30 | -2.41% |
| 2009-06-30 | -1.32% |
| 2009-03-31 | -0.35% |
| 2008-12-31 | -0.44% |
| 2008-09-30 | -0.14% |
| 2008-06-30 | -0.93% |
| 2008-03-31 | -1.48% |
| 2007-12-31 | 0.43% |
| 2007-09-30 | 1.86% |
| 2007-06-30 | 4.32% |
| 2007-03-31 | 7.50% |
| 2006-12-31 | 10.59% |
| 2006-09-30 | 12.21% |
| 2006-06-30 | 14.08% |
| 2006-03-31 | 12.30% |
| 2005-12-31 | 10.40% |
| 2005-09-30 | 10.40% |
| 2005-06-30 | 6.55% |
| 2005-03-31 | 3.31% |
