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 2.16% is 456% above its 5-year average of 0.39%, around the middle of its 5-year range (-7.96%–9.01%).
As of the fiscal period ended Tuesday, June 30, 2026. 180.19% above its 12-month average of -2.69%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 2.16%.
RETURN ON INVESTED CAPITAL (ROIC)
2.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-2.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-4.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.87%
CURRENT VS TTM AVG
+180.19%
CURRENT VS 3Y AVG
+152.03%
CURRENT VS 5Y AVG
+456.13%
CURRENT VS 10Y AVG
-43.55%
CURRENT VS 15Y AVG
-66.87%
CURRENT VS 20Y AVG
+15.18%
SECTOR MEDIAN · COMMUNICATION SERVICES
3.74%
median of 91 covered companies
CURRENT VS SECTOR MEDIAN
-42.36%
vs the sector median at left
Cogent Communications Holdings, Inc.
Market Cap
$448.70M
Return on Invested Capital (ROIC)
2.16%
TTM Avg
-2.69%
3Y Avg
-4.14%
5Y Avg
0.39%
Market Cap
$430.05M
Return on Invested Capital (ROIC)
14.35%
TTM Avg
1.48%
3Y Avg
1.09%
5Y Avg
0.64%
Market Cap
$362.96M
Return on Invested Capital (ROIC)
3.55%
TTM Avg
-5.21%
3Y Avg
-12.40%
5Y Avg
-7.59%
Market Cap
$361.22M
Return on Invested Capital (ROIC)
5.72%
TTM Avg
2.25%
3Y Avg
3.22%
5Y Avg
4.50%
Market Cap
$335.21M
Return on Invested Capital (ROIC)
7.08%
TTM Avg
15.31%
3Y Avg
7.90%
5Y Avg
5.07%
Market Cap
$310.97M
Return on Invested Capital (ROIC)
3.76%
TTM Avg
-1.06%
3Y Avg
-3.43%
5Y Avg
-3.58%
Market Cap
$293.47M
Return on Invested Capital (ROIC)
5.78%
TTM Avg
4.83%
3Y Avg
11.29%
5Y Avg
13.27%
Market Cap
$267.93M
Return on Invested Capital (ROIC)
0.39%
TTM Avg
-6.02%
3Y Avg
-6.08%
5Y Avg
-7.13%
Market Cap
$243.76M
Return on Invested Capital (ROIC)
-16.90%
TTM Avg
2.56%
3Y Avg
-0.30%
5Y Avg
-0.90%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cogent Communications Holdings, Inc. (CCOI) | $448.70M | 2.16% | -2.69% | -4.14% | 0.39% |
| ATN International, Inc. (ATNI)vs › | $430.05M | 14.35% | 1.48% | 1.09% | 0.64% |
| Advantage Solutions Inc. (ADV)vs › | $362.96M | 3.55% | -5.21% | -12.40% | -7.59% |
| AMC Global Media Inc. (AMCX)vs › | $361.22M | 5.72% | 2.25% | 3.22% | 4.50% |
| Bumble Inc. (BMBL)vs › | $335.21M | 7.08% | 15.31% | 7.90% | 5.07% |
| Fiverr International Ltd. (FVRR)vs › | $310.97M | 3.76% | -1.06% | -3.43% | -3.58% |
| Gogo Inc. (GOGO)vs › | $293.47M | 5.78% | 4.83% | 11.29% | 13.27% |
| iHeartMedia, Inc. (IHRT)vs › | $267.93M | 0.39% | -6.02% | -6.08% | -7.13% |
| Angi Inc. (ANGI)vs › | $243.76M | -16.90% | 2.56% | -0.30% | -0.90% |
| EverQuote, Inc. (EVER)vs › | $685.41M | 32.25% | 24.77% | -9.24% | -12.32% |
ROIC
2.2%
ROE
N/A
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 | 2.16% |
| 2026-03-31 | -2.56% |
| 2025-12-31 | -3.42% |
| 2025-09-30 | -4.23% |
| 2025-06-30 | -5.38% |
| 2025-03-31 | -6.29% |
| 2024-12-31 | -6.77% |
| 2024-09-30 | -7.96% |
| 2024-06-30 | -7.44% |
| 2024-03-31 | -7.82% |
| 2023-12-31 | -4.56% |
| 2023-09-30 | -1.22% |
| 2023-06-30 | 1.64% |
| 2023-03-31 | 6.91% |
| 2022-12-31 | 7.04% |
| 2022-09-30 | 7.85% |
| 2022-06-30 | 8.62% |
| 2022-03-31 | 9.01% |
| 2021-12-31 | 8.90% |
| 2021-09-30 | 7.20% |
| 2021-06-30 | 6.47% |
| 2021-03-31 | 9.45% |
| 2020-12-31 | 7.11% |
| 2020-09-30 | 8.50% |
| 2020-06-30 | 8.57% |
| 2020-03-31 | 8.79% |
| 2019-12-31 | 8.48% |
| 2019-09-30 | 7.87% |
| 2019-06-30 | 7.42% |
| 2019-03-31 | 8.88% |
| 2018-12-31 | 8.97% |
| 2018-09-30 | 6.81% |
| 2018-06-30 | 7.06% |
| 2018-03-31 | 6.67% |
| 2017-12-31 | 6.56% |
| 2017-09-30 | 6.29% |
| 2017-06-30 | 6.20% |
| 2017-03-31 | 6.07% |
| 2016-12-31 | 5.88% |
| 2016-09-30 | 6.48% |
| 2016-06-30 | 6.37% |
| 2016-03-31 | 5.46% |
| 2015-12-31 | 4.91% |
| 2015-09-30 | 4.54% |
| 2015-06-30 | 4.27% |
| 2015-03-31 | 4.38% |
| 2014-12-31 | 4.22% |
| 2014-09-30 | 7.27% |
| 2014-06-30 | 6.80% |
| 2014-03-31 | 7.30% |
| 2013-12-31 | 6.59% |
| 2013-09-30 | 4.44% |
| 2013-06-30 | 3.79% |
| 2013-03-31 | 6.14% |
| 2012-12-31 | 5.58% |
| 2012-09-30 | 5.94% |
| 2012-06-30 | 6.24% |
| 2012-03-31 | 6.36% |
| 2011-12-31 | 6.64% |
| 2011-09-30 | 5.53% |
| 2011-06-30 | 4.69% |
| 2011-03-31 | 3.74% |
| 2010-12-31 | 4.55% |
| 2010-09-30 | 3.29% |
| 2010-06-30 | 2.38% |
| 2010-03-31 | 1.07% |
| 2009-12-31 | -1.19% |
| 2009-09-30 | -3.11% |
| 2009-06-30 | -5.01% |
| 2009-03-31 | -5.88% |
| 2008-12-31 | -7.07% |
| 2008-09-30 | -6.70% |
| 2008-06-30 | -7.38% |
| 2008-03-31 | -7.89% |
| 2007-12-31 | -7.46% |
| 2007-09-30 | -7.65% |
| 2007-06-30 | -7.80% |
| 2007-03-31 | -13.38% |
| 2006-12-31 | -15.29% |
| 2006-09-30 | -17.51% |
| 2006-06-30 | -17.78% |
| 2006-03-31 | -19.31% |
| 2005-12-31 | -18.80% |
| 2005-09-30 | -19.18% |
| 2005-06-30 | -19.82% |
| 2005-03-31 | -23.04% |
| 2004-12-31 | -22.68% |
| 2004-09-30 | -25.83% |
| 2004-06-30 | -84.03% |
| 2004-03-31 | -78.85% |
| 2003-12-31 | -90.10% |
| 2003-09-30 | -82.04% |
| 2003-06-30 | -19.93% |