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 -135.73% is 70% below its 5-year average of -79.67%, near the high end of its 5-year range (-408.45%–-21.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.76% above its 12-month average of -150.41%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -135.73%.
RETURN ON INVESTED CAPITAL (ROIC)
-135.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-150.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-87.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-79.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-63.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-62.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-78.31%
CURRENT VS TTM AVG
+9.76%
CURRENT VS 3Y AVG
-55.69%
CURRENT VS 5Y AVG
-70.38%
CURRENT VS 10Y AVG
-114.70%
CURRENT VS 15Y AVG
-116.81%
CURRENT VS 20Y AVG
-73.33%
SECTOR MEDIAN · HEALTHCARE
-33.39%
median of 672 covered companies
CURRENT VS SECTOR MEDIAN
-306.57%
vs the sector median at left
CervoMed Inc.
Market Cap
$29.68M
Return on Invested Capital (ROIC)
-135.73%
TTM Avg
-150.41%
3Y Avg
-87.18%
5Y Avg
-79.67%
Market Cap
$30.27M
Return on Invested Capital (ROIC)
-42.23%
TTM Avg
-23.50%
3Y Avg
-191.16%
5Y Avg
-191.16%
Market Cap
$29.78M
Return on Invested Capital (ROIC)
-99.36%
TTM Avg
-324.14%
3Y Avg
-260.84%
5Y Avg
-230.57%
Market Cap
$29.87M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.37M
Return on Invested Capital (ROIC)
-115.18%
TTM Avg
-232.75%
3Y Avg
-220.13%
5Y Avg
-210.39%
Market Cap
$30.96M
Return on Invested Capital (ROIC)
-15.35%
TTM Avg
-18.43%
3Y Avg
-24.75%
5Y Avg
-44.47%
Market Cap
$30.84M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-54.98%
3Y Avg
-73.47%
5Y Avg
-75.57%
Market Cap
$28.62M
Return on Invested Capital (ROIC)
-109.29%
TTM Avg
-89.70%
3Y Avg
-72.19%
5Y Avg
-61.37%
Market Cap
$31.70M
Return on Invested Capital (ROIC)
-50.66%
TTM Avg
-13.98%
3Y Avg
7.71%
5Y Avg
25.88%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CervoMed Inc. (CRVO) | $29.68M | -135.73% | -150.41% | -87.18% | -79.67% |
| GridAI Technologies Corp. (GRDX)vs › | $30.27M | -42.23% | -23.50% | -191.16% | -191.16% |
| Quantum Cyber N.V. (QUCY)vs › | $29.78M | -99.36% | -324.14% | -260.84% | -230.57% |
| OneMedNet Corporation (ONMD)vs › | $29.87M | N/A | N/A | N/A | N/A |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $31.37M | -115.18% | -232.75% | -220.13% | -210.39% |
| MDxHealth S.A. (MDXH)vs › | $30.96M | -15.35% | -18.43% | -24.75% | -44.47% |
| BeyondSpring Inc. (BYSI)vs › | $30.84M | N/A | -54.98% | -73.47% | -75.57% |
| aTyr Pharma, Inc. (ATYR)vs › | $28.62M | -109.29% | -89.70% | -72.19% | -61.37% |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $31.70M | -50.66% | -13.98% | 7.71% | 25.88% |
| Context Therapeutics Inc. (CNTX)vs › | $31.59M | -126.84% | -48.51% | -88.12% | -74.86% |
ROIC
-135.7%
ROE
-132.2%
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 | -135.73% |
| 2026-03-31 | -292.99% |
| 2025-12-31 | -150.96% |
| 2025-09-30 | -104.59% |
| 2025-06-30 | -67.77% |
| 2025-03-31 | -60.45% |
| 2024-12-31 | -46.50% |
| 2024-09-30 | -29.51% |
| 2024-06-30 | -21.50% |
| 2024-03-31 | -168.31% |
| 2023-12-31 | -105.91% |
| 2023-09-30 | -100.07% |
| 2023-06-30 | -54.89% |
| 2023-03-31 | -66.80% |
| 2022-12-31 | -408.45% |
| 2022-09-30 | -54.76% |
| 2022-06-30 | -93.59% |
| 2022-03-31 | -80.17% |
| 2021-12-31 | -70.68% |
| 2021-09-30 | -66.23% |
| 2021-06-30 | -35.26% |
| 2021-03-31 | -32.66% |
| 2020-12-31 | -63.16% |
| 2020-09-30 | -50.80% |
| 2020-06-30 | -36.90% |
| 2020-03-31 | -32.10% |
| 2019-12-31 | -28.18% |
| 2019-09-30 | -238.41% |
| 2019-06-30 | -221.57% |
| 2019-03-31 | -306.40% |
| 2018-12-31 | -224.51% |
| 2018-09-30 | 59.80% |
| 2018-06-30 | 81.56% |
| 2018-03-31 | 73.73% |
| 2017-12-31 | 75.16% |
| 2016-09-30 | -109.79% |
| 2016-06-30 | -79.70% |
| 2016-03-31 | -57.86% |
| 2015-12-31 | -564.76% |
| 2015-09-30 | -42.45% |
| 2015-06-30 | -32.93% |
| 2015-03-31 | -31.25% |
| 2014-12-31 | -29.45% |
| 2014-09-30 | -15.95% |
| 2014-06-30 | -11.26% |
| 2014-03-31 | -64.63% |
| 2013-12-31 | -112.92% |
| 2011-09-30 | -169.49% |
| 2011-06-30 | -83.59% |
| 2011-03-31 | -395.76% |
| 2010-12-31 | -380.22% |
| 2010-09-30 | -176.35% |
| 2010-06-30 | -146.94% |
| 2010-03-31 | -123.75% |
| 2009-12-31 | -282.93% |
| 2009-09-30 | -82.26% |
| 2009-06-30 | -59.77% |
| 2009-03-31 | -43.66% |
| 2008-12-31 | -27.11% |
| 2000-09-30 | -170.88% |
| 2000-06-30 | -64.87% |
| 2000-03-31 | -54.72% |
| 1999-12-31 | -45.09% |
| 1999-09-30 | -9.67% |
| 1999-06-30 | -2.55% |
