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 -0.32% is 104% below its 5-year average of 8.85%, near the low end of its 5-year range (-0.32%–15.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 111.23% below its 12-month average of 2.86%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -0.32%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-111.23%
CURRENT VS 3Y AVG
-104.27%
CURRENT VS 5Y AVG
-103.62%
CURRENT VS 10Y AVG
-106.16%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
2.22%
median of 535 covered companies
CURRENT VS SECTOR MEDIAN
-114.45%
vs the sector median at left
Conduent Incorporated
Market Cap
$256.69M
Return on Invested Capital (ROIC)
-0.32%
TTM Avg
2.86%
3Y Avg
7.51%
5Y Avg
8.85%
Market Cap
$248.03M
Return on Invested Capital (ROIC)
-49.59%
TTM Avg
-43.97%
3Y Avg
-108.34%
5Y Avg
-87.88%
Market Cap
$245.37M
Return on Invested Capital (ROIC)
-542.34%
TTM Avg
-84.44%
3Y Avg
-20.22%
5Y Avg
-0.27%
Market Cap
$269.40M
Return on Invested Capital (ROIC)
1.10%
TTM Avg
-12.22%
3Y Avg
-19.84%
5Y Avg
-18.59%
Market Cap
$269.65M
Return on Invested Capital (ROIC)
13.29%
TTM Avg
16.11%
3Y Avg
23.16%
5Y Avg
20.62%
Market Cap
$272.09M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-35.93%
3Y Avg
-67.46%
5Y Avg
-98.19%
Market Cap
$240.45M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
1.76%
3Y Avg
4.50%
5Y Avg
7.81%
Market Cap
$272.98M
Return on Invested Capital (ROIC)
2.81%
TTM Avg
2.81%
3Y Avg
-0.88%
5Y Avg
0.13%
Market Cap
$240.07M
Return on Invested Capital (ROIC)
-17.28%
TTM Avg
-14.37%
3Y Avg
-64.14%
5Y Avg
-64.75%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Conduent Incorporated (CNDT) | $256.69M | -0.32% | 2.86% | 7.51% | 8.85% |
| Palladyne AI Corp. (PDYN)vs › | $248.03M | -49.59% | -43.97% | -108.34% | -87.88% |
| Bgin Blockchain Limited (BGIN)vs › | $245.37M | -542.34% | -84.44% | -20.22% | -0.27% |
| Commerce.com, Inc. (CMRC)vs › | $269.40M | 1.10% | -12.22% | -19.84% | -18.59% |
| The Hackett Group, Inc. (HCKT)vs › | $269.65M | 13.29% | 16.11% | 23.16% | 20.62% |
| Duos Technologies Group, Inc. (DUOT)vs › | $272.09M | N/A | -35.93% | -67.46% | -98.19% |
| Immersion Corporation (IMMR)vs › | $240.45M | 1.99% | 1.76% | 4.50% | 7.81% |
| Aviat Networks, Inc. (AVNW)vs › | $272.98M | 2.81% | 2.81% | -0.88% | 0.13% |
| Aeluma, Inc. (ALMU)vs › | $240.07M | -17.28% | -14.37% | -64.14% | -64.75% |
| A2Z Cust2Mate Solutions Corp. (AZ)vs › | $274.76M | -58.13% | -112.92% | -227.37% | -170.03% |
ROIC
-0.3%
ROE
-34.1%
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 | -0.32% |
| 2026-03-31 | 4.21% |
| 2025-12-31 | 4.66% |
| 2025-09-30 | 2.98% |
| 2025-06-30 | 2.75% |
| 2025-03-31 | 2.30% |
| 2024-12-31 | 5.13% |
| 2024-09-30 | 8.79% |
| 2024-06-30 | 8.03% |
| 2024-03-31 | 15.52% |
| 2023-12-31 | 15.85% |
| 2023-09-30 | 14.78% |
| 2023-06-30 | 13.00% |
| 2023-03-31 | 12.26% |
| 2022-12-31 | 13.08% |
| 2022-09-30 | 7.61% |
| 2022-06-30 | 8.23% |
| 2022-03-31 | 9.47% |
| 2021-12-31 | 15.85% |
| 2021-09-30 | 8.89% |
| 2021-06-30 | 12.79% |
| 2021-03-31 | 8.48% |
| 2020-12-31 | 4.33% |
| 2020-09-30 | 0.56% |
| 2020-06-30 | 0.06% |
| 2020-03-31 | 0.15% |
| 2019-12-31 | 0.80% |
| 2019-09-30 | 1.41% |
| 2019-06-30 | 2.20% |
| 2019-03-31 | 2.01% |
| 2018-12-31 | 2.58% |
| 2018-09-30 | 3.11% |
| 2018-06-30 | 2.92% |
| 2018-03-31 | 3.10% |
| 2017-12-31 | 2.78% |
| 2017-09-30 | -0.44% |
| 2017-06-30 | -0.72% |
| 2017-03-31 | -0.89% |
| 2016-12-31 | -1.37% |
| 2016-09-30 | 1.19% |
| 2016-06-30 | -4.67% |
| 2016-03-31 | -4.97% |
| 2015-12-31 | -4.98% |
