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 -1.08% is 94% above its 5-year average of -17.23%, near the high end of its 5-year range (-35.49%–-1.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 74.88% above its 12-month average of -4.31%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -1.08%.
RETURN ON INVESTED CAPITAL (ROIC)
-1.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-10.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-17.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-32.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-43.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-49.64%
CURRENT VS TTM AVG
+74.88%
CURRENT VS 3Y AVG
+89.25%
CURRENT VS 5Y AVG
+93.72%
CURRENT VS 10Y AVG
+96.67%
CURRENT VS 15Y AVG
+97.50%
CURRENT VS 20Y AVG
+97.82%
SECTOR MEDIAN · HEALTHCARE
-33.39%
median of 720 covered companies
CURRENT VS SECTOR MEDIAN
+96.76%
vs the sector median at left
Cerus Corporation
Market Cap
$474.59M
Return on Invested Capital (ROIC)
-1.08%
TTM Avg
-4.31%
3Y Avg
-10.06%
5Y Avg
-17.23%
Market Cap
$472.54M
Return on Invested Capital (ROIC)
-27.22%
TTM Avg
-25.30%
3Y Avg
-27.88%
5Y Avg
-30.72%
Market Cap
$472.33M
Return on Invested Capital (ROIC)
-13.15%
TTM Avg
-33.80%
3Y Avg
-80.16%
5Y Avg
-71.70%
Market Cap
$471.61M
Return on Invested Capital (ROIC)
6.95%
TTM Avg
6.49%
3Y Avg
4.50%
5Y Avg
4.55%
Market Cap
$479.39M
Return on Invested Capital (ROIC)
-2.19%
TTM Avg
-24.50%
3Y Avg
-28.59%
5Y Avg
-24.45%
Market Cap
$466.84M
Return on Invested Capital (ROIC)
-29.50%
TTM Avg
-37.63%
3Y Avg
-38.70%
5Y Avg
-37.47%
Market Cap
$486.85M
Return on Invested Capital (ROIC)
18.26%
TTM Avg
19.81%
3Y Avg
16.87%
5Y Avg
7.92%
Market Cap
$456.82M
Return on Invested Capital (ROIC)
8.75%
TTM Avg
20.32%
3Y Avg
26.86%
5Y Avg
29.17%
Market Cap
$496.87M
Return on Invested Capital (ROIC)
-15.54%
TTM Avg
-22.63%
3Y Avg
-32.48%
5Y Avg
-46.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cerus Corporation (CERS) | $474.59M | -1.08% | -4.31% | -10.06% | -17.23% |
| Contineum Therapeutics, Inc. (CTNM)vs › | $472.54M | -27.22% | -25.30% | -27.88% | -30.72% |
| Bright Minds Biosciences Inc. (DRUG)vs › | $472.33M | -13.15% | -33.80% | -80.16% | -71.70% |
| Kamada Ltd. (KMDA)vs › | $471.61M | 6.95% | 6.49% | 4.50% | 4.55% |
| Arvinas, Inc. (ARVN)vs › | $479.39M | -2.19% | -24.50% | -28.59% | -24.45% |
| Sight Sciences, Inc. (SGHT)vs › | $466.84M | -29.50% | -37.63% | -38.70% | -37.47% |
| Puma Biotechnology, Inc. (PBYI)vs › | $486.85M | 18.26% | 19.81% | 16.87% | 7.92% |
| NRC Health (NRC)vs › | $456.82M | 8.75% | 20.32% | 26.86% | 29.17% |
| Evolus, Inc. (EOLS)vs › | $496.87M | -15.54% | -22.63% | -32.48% | -46.23% |
| Oculis Holding AG (OCS)vs › | $497.32M | -39.63% | -67.88% | -87.45% | -79.46% |
ROIC
-1.1%
ROE
-9.7%
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 | -1.08% |
| 2026-03-31 | -1.89% |
| 2025-12-31 | -5.28% |
| 2025-09-30 | -5.82% |
| 2025-06-30 | -7.45% |
| 2025-03-31 | -7.70% |
| 2024-12-31 | -9.08% |
| 2024-09-30 | -7.68% |
| 2024-06-30 | -10.69% |
| 2024-03-31 | -15.71% |
| 2023-12-31 | -20.01% |
| 2023-09-30 | -28.36% |
| 2023-06-30 | -30.77% |
| 2023-03-31 | -25.63% |
| 2022-12-31 | -21.68% |
| 2022-09-30 | -19.10% |
| 2022-06-30 | -20.96% |
| 2022-03-31 | -24.87% |
| 2021-12-31 | -28.18% |
| 2021-09-30 | -34.29% |
| 2021-06-30 | -35.49% |
| 2021-03-31 | -33.78% |
| 2020-12-31 | -34.32% |
| 2020-09-30 | -35.09% |
| 2020-06-30 | -35.74% |
| 2020-03-31 | -37.44% |
| 2019-12-31 | -55.09% |
| 2019-09-30 | -52.70% |
| 2019-06-30 | -48.25% |
| 2019-03-31 | -44.96% |
| 2018-12-31 | -46.35% |
| 2018-09-30 | -40.57% |
| 2018-06-30 | -38.60% |
| 2018-03-31 | -43.20% |
| 2017-12-31 | -76.59% |
| 2017-09-30 | -84.38% |
| 2017-06-30 | -99.88% |
| 2017-03-31 | -96.99% |
| 2016-12-31 | -73.57% |
| 2016-09-30 | -62.46% |
| 2016-06-30 | -62.74% |
| 2016-03-31 | -56.59% |
| 2015-12-31 | -50.66% |
| 2015-09-30 | -50.43% |
| 2015-06-30 | -41.02% |
| 2015-03-31 | -40.89% |
| 2014-12-31 | -84.03% |
| 2014-09-30 | -67.61% |
| 2014-06-30 | -66.11% |
| 2014-03-31 | -66.09% |
| 2013-12-31 | -59.80% |
| 2013-09-30 | -59.50% |
| 2013-06-30 | -34.29% |
| 2013-03-31 | -25.63% |
| 2012-12-31 | -61.49% |
| 2012-09-30 | -65.81% |
| 2012-06-30 | -57.60% |
| 2012-03-31 | -58.71% |
| 2011-12-31 | -59.48% |
| 2011-09-30 | -76.38% |
| 2011-06-30 | -96.16% |
| 2011-03-31 | -64.38% |
| 2010-12-31 | -52.82% |
| 2010-09-30 | -86.12% |
| 2010-06-30 | -104.35% |
| 2010-03-31 | -92.84% |
| 2009-12-31 | -110.45% |
| 2009-09-30 | -100.44% |
| 2009-06-30 | -127.25% |
| 2009-03-31 | -113.91% |
| 2008-12-31 | -88.64% |
| 2008-09-30 | -73.40% |
| 2008-06-30 | -66.91% |
| 2008-03-31 | -74.48% |
| 2007-12-31 | -72.04% |
| 2007-09-30 | -50.79% |
| 2007-06-30 | -35.23% |
| 2007-03-31 | -15.13% |
| 2006-12-31 | -9.38% |
| 2006-09-30 | -20.43% |
| 2006-06-30 | -19.09% |
| 2006-03-31 | -14.35% |
| 2005-12-31 | -22.47% |
| 2005-09-30 | -23.86% |
| 2005-06-30 | -27.81% |
| 2005-03-31 | -41.82% |
| 2004-12-31 | -44.35% |
| 2004-09-30 | -36.12% |
| 2004-06-30 | -44.71% |
| 2004-03-31 | -105.31% |
| 2003-12-31 | -49.67% |
| 2003-09-30 | -52.02% |
| 2003-06-30 | -50.10% |
