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 0.59% is 361% above its 5-year average of -0.23%, near the high end of its 5-year range (-5.06%–2.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 46.74% below its 12-month average of 1.11%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 0.59%.
RETURN ON INVESTED CAPITAL (ROIC)
0.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-0.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-0.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-46.74%
CURRENT VS 3Y AVG
+238.09%
CURRENT VS 5Y AVG
+361.20%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-28.29%
median of 484 covered companies
CURRENT VS SECTOR MEDIAN
+102.10%
vs the sector median at left
Certara, Inc.
Market Cap
$1.57B
Return on Invested Capital (ROIC)
0.59%
TTM Avg
1.11%
3Y Avg
-0.43%
5Y Avg
-0.23%
Market Cap
$1.52B
Return on Invested Capital (ROIC)
20.41%
TTM Avg
-2.25%
3Y Avg
-13.09%
5Y Avg
-29.56%
Market Cap
$1.52B
Return on Invested Capital (ROIC)
8.36%
TTM Avg
8.44%
3Y Avg
9.74%
5Y Avg
16.58%
Market Cap
$1.52B
Return on Invested Capital (ROIC)
-19.87%
TTM Avg
-24.87%
3Y Avg
-20.19%
5Y Avg
-15.68%
Market Cap
$1.51B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.65B
Return on Invested Capital (ROIC)
-7.32%
TTM Avg
-17.29%
3Y Avg
-24.58%
5Y Avg
-25.54%
Market Cap
$1.65B
Return on Invested Capital (ROIC)
9.26%
TTM Avg
2.84%
3Y Avg
1.55%
5Y Avg
-0.61%
Market Cap
$1.66B
Return on Invested Capital (ROIC)
-47.99%
TTM Avg
-42.50%
3Y Avg
-275.02%
5Y Avg
-275.02%
Market Cap
$1.46B
Return on Invested Capital (ROIC)
47.55%
TTM Avg
-5.71%
3Y Avg
-17.68%
5Y Avg
-14.30%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Certara, Inc. (CERT) | $1.57B | 0.59% | 1.11% | -0.43% | -0.23% |
| Eton Pharmaceuticals, Inc. (ETON)vs › | $1.52B | 20.41% | -2.25% | -13.09% | -29.56% |
| Innoviva, Inc. (INVA)vs › | $1.52B | 8.36% | 8.44% | 9.74% | 16.58% |
| GH Research PLC (GHRS)vs › | $1.52B | -19.87% | -24.87% | -20.19% | -15.68% |
| Braveheart Bio, Inc. (BRVE)vs › | $1.51B | N/A | N/A | N/A | N/A |
| Alphatec Holdings, Inc. (ATEC)vs › | $1.65B | -7.32% | -17.29% | -24.58% | -25.54% |
| ANI Pharmaceuticals, Inc. (ANIP)vs › | $1.65B | 9.26% | 2.84% | 1.55% | -0.61% |
| Kestra Medical Technologies, Ltd. (KMTS)vs › | $1.66B | -47.99% | -42.50% | -275.02% | -275.02% |
| AnaptysBio, Inc. (ANAB)vs › | $1.46B | 47.55% | -5.71% | -17.68% | -14.30% |
| Healthcare Services Group, Inc. (HCSG)vs › | $1.45B | 16.83% | 6.43% | 6.32% | 5.53% |
ROIC
0.6%
ROE
-7.1%
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 | 0.59% |
| 2026-03-31 | 1.28% |
| 2025-12-31 | 0.82% |
| 2025-09-30 | 1.60% |
| 2025-06-30 | 1.28% |
| 2025-03-31 | 0.49% |
| 2024-12-31 | -0.12% |
| 2024-09-30 | -1.14% |
| 2024-06-30 | -5.06% |
| 2024-03-31 | -3.43% |
| 2023-12-31 | -2.84% |
| 2023-09-30 | -1.47% |
| 2023-06-30 | 2.41% |
| 2023-03-31 | 1.82% |
| 2022-12-31 | 1.73% |
| 2022-09-30 | 0.94% |
| 2022-06-30 | 0.50% |
| 2022-03-31 | 0.99% |
| 2021-12-31 | 0.95% |
| 2021-09-30 | -3.22% |
| 2021-06-30 | -2.91% |
| 2021-03-31 | -2.23% |
| 2020-12-31 | -2.04% |
| 2020-09-30 | 1.89% |
| 2020-06-30 | 1.84% |
| 2019-12-31 | 2.27% |
