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 -0.93% is 90% above its 5-year average of -9.38%, near the high end of its 5-year range (-52.31%–16.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 128.55% below its 12-month average of 3.25%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -0.93%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-15.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-9.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-16.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-128.55%
CURRENT VS 3Y AVG
+93.85%
CURRENT VS 5Y AVG
+90.10%
CURRENT VS 10Y AVG
+94.50%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-31.90%
median of 550 covered companies
CURRENT VS SECTOR MEDIAN
+97.09%
vs the sector median at left
CareDx, Inc
Market Cap
$3.51B
Return on Invested Capital (ROIC)
-0.93%
TTM Avg
3.25%
3Y Avg
-15.10%
5Y Avg
-9.38%
Market Cap
$3.53B
Return on Invested Capital (ROIC)
-17.68%
TTM Avg
-22.74%
3Y Avg
-21.16%
5Y Avg
-18.86%
Market Cap
$3.45B
Return on Invested Capital (ROIC)
-28.15%
TTM Avg
-46.92%
3Y Avg
-38.64%
5Y Avg
-44.96%
Market Cap
$3.62B
Return on Invested Capital (ROIC)
-1.07%
TTM Avg
-9.16%
3Y Avg
-22.10%
5Y Avg
-20.63%
Market Cap
$3.40B
Return on Invested Capital (ROIC)
6.25%
TTM Avg
16.80%
3Y Avg
-7.33%
5Y Avg
-16.60%
Market Cap
$3.05B
Return on Invested Capital (ROIC)
-50.82%
TTM Avg
-45.69%
3Y Avg
-35.19%
5Y Avg
-27.59%
Market Cap
$3.09B
Return on Invested Capital (ROIC)
-13.88%
TTM Avg
-29.89%
3Y Avg
-36.62%
5Y Avg
-30.08%
Market Cap
$3.98B
Return on Invested Capital (ROIC)
3.11%
TTM Avg
1.40%
3Y Avg
0.58%
5Y Avg
2.33%
Market Cap
$3.04B
Return on Invested Capital (ROIC)
9.95%
TTM Avg
-25.98%
3Y Avg
-51.77%
5Y Avg
-51.95%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CareDx, Inc (CDNA) | $3.51B | -0.93% | 3.25% | -15.10% | -9.38% |
| IDEAYA Biosciences, Inc. (IDYA)vs › | $3.53B | -17.68% | -22.74% | -21.16% | -18.86% |
| Celcuity Inc. (CELC)vs › | $3.45B | -28.15% | -46.92% | -38.64% | -44.96% |
| iRhythm Technologies, Inc. (IRTC)vs › | $3.62B | -1.07% | -9.16% | -22.10% | -20.63% |
| Acadia Pharmaceuticals Inc. (ACAD)vs › | $3.40B | 6.25% | 16.80% | -7.33% | -16.60% |
| Denali Therapeutics Inc. (DNLI)vs › | $3.05B | -50.82% | -45.69% | -35.19% | -27.59% |
| Enliven Therapeutics, Inc. (ELVN)vs › | $3.09B | -13.88% | -29.89% | -36.62% | -30.08% |
| ICU Medical, Inc. (ICUI)vs › | $3.98B | 3.11% | 1.40% | 0.58% | 2.33% |
| Arcutis Biotherapeutics, Inc. (ARQT)vs › | $3.04B | 9.95% | -25.98% | -51.77% | -51.95% |
| Amylyx Pharmaceuticals, Inc. (AMLX)vs › | $3.01B | -66.60% | -119.97% | -72.56% | -159.91% |
ROIC
-0.9%
ROE
26.1%
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 | -0.93% |
| 2026-03-31 | -4.60% |
| 2025-12-31 | -7.75% |
| 2025-09-30 | 16.68% |
| 2025-06-30 | 12.86% |
| 2025-03-31 | 11.99% |
| 2024-12-31 | 9.29% |
| 2024-09-30 | -40.40% |
| 2024-06-30 | -45.84% |
| 2024-03-31 | -51.90% |
| 2023-12-31 | -52.31% |
| 2023-09-30 | -23.30% |
| 2023-06-30 | -20.08% |
| 2023-03-31 | -18.08% |
| 2022-12-31 | -16.54% |
| 2022-09-30 | -15.50% |
| 2022-06-30 | -14.02% |
| 2022-03-31 | -9.99% |
| 2021-12-31 | -6.07% |
| 2021-09-30 | -3.53% |
| 2021-06-30 | -2.31% |
| 2021-03-31 | -3.56% |
| 2020-12-31 | -7.53% |
| 2020-09-30 | -8.59% |
| 2020-06-30 | -10.02% |
| 2020-03-31 | -19.37% |
| 2019-12-31 | -20.98% |
| 2019-09-30 | -18.80% |
| 2019-06-30 | -15.20% |
| 2019-03-31 | -14.12% |
| 2018-12-31 | -14.01% |
| 2018-09-30 | -23.07% |
| 2018-06-30 | -28.30% |
| 2018-03-31 | -25.75% |
| 2017-12-31 | -36.00% |
| 2017-09-30 | -58.97% |
| 2017-06-30 | -62.62% |
| 2017-03-31 | -65.63% |
| 2016-12-31 | -63.35% |
| 2016-09-30 | -28.38% |
| 2016-06-30 | -26.25% |
| 2016-03-31 | -43.85% |
| 2015-12-31 | -24.68% |
| 2015-09-30 | -13.42% |
| 2015-06-30 | -4.42% |
| 2015-03-31 | 0.15% |
| 2014-12-31 | 2.23% |
| 2014-09-30 | 2.31% |
| 2014-06-30 | -1.70% |
| 2014-03-31 | -5.10% |
| 2013-12-31 | -12.71% |
