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 0.97% is 88% below its 5-year average of 8.18%, near the low end of its 5-year range (-7.98%–27.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 50.09% above its 12-month average of 0.64%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-30): 0.97%.
RETURN ON INVESTED CAPITAL (ROIC)
0.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
0.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.83%
CURRENT VS TTM AVG
+50.09%
CURRENT VS 3Y AVG
+151.62%
CURRENT VS 5Y AVG
-88.18%
CURRENT VS 10Y AVG
-85.79%
CURRENT VS 15Y AVG
-89.16%
CURRENT VS 20Y AVG
-87.65%
SECTOR MEDIAN · TECHNOLOGY
3.96%
median of 378 covered companies
CURRENT VS SECTOR MEDIAN
-75.62%
vs the sector median at left
Clearfield, Inc.
Market Cap
$450.63M
Return on Invested Capital (ROIC)
0.97%
TTM Avg
0.64%
3Y Avg
-1.87%
5Y Avg
8.18%
Market Cap
$446.61M
Return on Invested Capital (ROIC)
-174.22%
TTM Avg
-75.59%
3Y Avg
-42.53%
5Y Avg
-42.53%
Market Cap
$412.09M
Return on Invested Capital (ROIC)
-125.83%
TTM Avg
-147.93%
3Y Avg
-105.66%
5Y Avg
-102.14%
Market Cap
$411.44M
Return on Invested Capital (ROIC)
4.81%
TTM Avg
-1.82%
3Y Avg
-22.64%
5Y Avg
-17.67%
Market Cap
$502.94M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$380.77M
Return on Invested Capital (ROIC)
-45.22%
TTM Avg
-64.48%
3Y Avg
-63.03%
5Y Avg
-63.03%
Market Cap
$378.52M
Return on Invested Capital (ROIC)
2.56%
TTM Avg
-0.47%
3Y Avg
-3.60%
5Y Avg
-3.40%
Market Cap
$361.50M
Return on Invested Capital (ROIC)
3.77%
TTM Avg
5.28%
3Y Avg
3.12%
5Y Avg
3.18%
Market Cap
$546.27M
Return on Invested Capital (ROIC)
0.47%
TTM Avg
-0.70%
3Y Avg
-3.65%
5Y Avg
0.54%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clearfield, Inc. (CLFD) | $450.63M | 0.97% | 0.64% | -1.87% | 8.18% |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $446.61M | -174.22% | -75.59% | -42.53% | -42.53% |
| Arqit Quantum Inc. (ARQQ)vs › | $412.09M | -125.83% | -147.93% | -105.66% | -102.14% |
| Allot Ltd. (ALLT)vs › | $411.44M | 4.81% | -1.82% | -22.64% | -17.67% |
| Braiin Ltd (BRAI)vs › | $502.94M | N/A | N/A | N/A | N/A |
| Gloo Holdings, Inc. (GLOO)vs › | $380.77M | -45.22% | -64.48% | -63.03% | -63.03% |
| PowerFleet, Inc. (AIOT)vs › | $378.52M | 2.56% | -0.47% | -3.60% | -3.40% |
| Cerence Inc. (CRNC)vs › | $361.50M | 3.77% | 5.28% | 3.12% | 3.18% |
| Methode Electronics, Inc. (MEI)vs › | $546.27M | 0.47% | -0.70% | -3.65% | 0.54% |
| SEALSQ Corp (LAES)vs › | $343.65M | -8.35% | -15.64% | -9.49% | -51.48% |
ROIC
1.0%
ROE
-2.9%
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 | 0.97% |
| 2026-03-31 | 0.56% |
| 2025-12-31 | 1.24% |
| 2025-09-30 | 1.10% |
| 2025-06-30 | -0.65% |
| 2025-03-31 | -2.50% |
| 2024-12-31 | -6.01% |
| 2024-09-30 | -7.98% |
| 2024-06-30 | -6.38% |
| 2024-03-31 | -3.63% |
| 2023-12-31 | 2.68% |
| 2023-09-30 | 8.87% |
| 2023-06-30 | 13.39% |
| 2023-03-31 | 16.42% |
| 2022-12-31 | 17.14% |
| 2022-09-30 | 27.14% |
| 2022-06-30 | 26.81% |
| 2022-03-31 | 24.38% |
| 2021-12-31 | 23.49% |
| 2021-09-30 | 18.90% |
| 2021-06-30 | 15.79% |
| 2021-03-31 | 13.46% |
| 2020-12-31 | 10.64% |
| 2020-09-30 | 7.87% |
| 2020-06-30 | 6.66% |
| 2020-03-31 | 4.77% |
| 2019-12-31 | 4.39% |
| 2019-09-30 | 5.31% |
| 2019-06-30 | 5.57% |
| 2019-03-31 | 6.43% |
| 2018-12-31 | 5.62% |
| 2018-09-30 | 5.66% |
| 2018-06-30 | 4.92% |
| 2018-03-31 | 3.61% |
| 2017-12-31 | 5.53% |
| 2017-09-30 | 5.61% |
| 2017-06-30 | 7.81% |
| 2017-03-31 | 9.94% |
| 2016-12-31 | 11.01% |
| 2016-09-30 | 12.11% |
| 2016-06-30 | 10.62% |
| 2016-03-31 | 10.86% |
| 2015-12-31 | 9.19% |
| 2015-09-30 | 8.77% |
| 2015-06-30 | 8.38% |
| 2015-03-31 | 7.25% |
| 2014-12-31 | 9.25% |
| 2014-09-30 | 11.49% |
| 2014-06-30 | 14.86% |
| 2014-03-31 | 15.48% |
| 2013-12-31 | 14.44% |
| 2013-09-30 | 11.66% |
| 2013-06-30 | 13.18% |
| 2013-03-31 | 13.64% |
| 2012-12-31 | 11.67% |
| 2012-09-30 | 12.31% |
| 2012-06-30 | 14.61% |
| 2012-03-31 | 13.88% |
| 2011-12-31 | 15.38% |
| 2011-09-30 | 14.13% |
| 2011-06-30 | 13.64% |
| 2011-03-31 | 11.39% |
| 2010-12-31 | 8.51% |
| 2010-09-30 | 5.27% |
| 2010-06-30 | 3.38% |
| 2010-03-31 | 3.12% |
| 2009-12-31 | 4.56% |
| 2009-09-30 | 6.74% |
| 2009-06-30 | 9.76% |
| 2009-03-31 | 8.00% |
| 2008-12-31 | 7.58% |
| 2008-09-30 | 6.64% |
| 2008-06-30 | 6.21% |
| 2008-03-31 | 3.14% |
| 2007-12-31 | -6.88% |
| 2007-09-30 | -11.07% |
| 2007-06-30 | -24.05% |
| 2007-03-31 | -19.99% |
| 2006-12-31 | -7.30% |
| 2006-09-30 | -11.52% |
| 2006-06-30 | -15.15% |
| 2006-03-31 | -20.08% |
| 2005-12-31 | -26.18% |
| 2005-09-30 | -22.49% |
| 2005-06-30 | -20.23% |
| 2005-03-31 | -18.47% |
| 2004-12-31 | -21.15% |
| 2004-09-30 | -23.22% |
| 2004-06-30 | -25.68% |
| 2004-03-31 | -27.13% |
| 2003-12-31 | -24.13% |
| 2003-09-30 | -20.93% |
| 2003-06-30 | -18.77% |