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 -11.85% is 11% above its 5-year average of -13.30%, near the high end of its 5-year range (-36.38%–-1.97%).
As of the fiscal period ended Tuesday, June 30, 2026. 46.50% below its 12-month average of -8.09%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -11.85%.
RETURN ON INVESTED CAPITAL (ROIC)
-11.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-8.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-11.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-13.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-9.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-5.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-3.28%
CURRENT VS TTM AVG
-46.50%
CURRENT VS 3Y AVG
-0.75%
CURRENT VS 5Y AVG
+10.88%
CURRENT VS 10Y AVG
-25.06%
CURRENT VS 15Y AVG
-134.10%
CURRENT VS 20Y AVG
-261.95%
SECTOR MEDIAN · INDUSTRIALS
3.96%
median of 388 covered companies
CURRENT VS SECTOR MEDIAN
-399.36%
vs the sector median at left
CVD Equipment Corporation
Market Cap
$30.33M
Return on Invested Capital (ROIC)
-11.85%
TTM Avg
-8.09%
3Y Avg
-11.77%
5Y Avg
-13.30%
Market Cap
$30.58M
Return on Invested Capital (ROIC)
1.16%
TTM Avg
12.54%
3Y Avg
33.59%
5Y Avg
33.59%
Market Cap
$27.42M
Return on Invested Capital (ROIC)
2.93%
TTM Avg
2.23%
3Y Avg
1.65%
5Y Avg
1.07%
Market Cap
$27.35M
Return on Invested Capital (ROIC)
-24.35%
TTM Avg
-5.47%
3Y Avg
-5.47%
5Y Avg
-5.47%
Market Cap
$33.54M
Return on Invested Capital (ROIC)
-6.96%
TTM Avg
3.33%
3Y Avg
7.57%
5Y Avg
4.55%
Market Cap
$25.13M
Return on Invested Capital (ROIC)
-17.10%
TTM Avg
-30.80%
3Y Avg
-84.18%
5Y Avg
-105.68%
Market Cap
$24.81M
Return on Invested Capital (ROIC)
-4.35%
TTM Avg
-14.77%
3Y Avg
-157.11%
5Y Avg
-157.11%
Market Cap
$35.87M
Return on Invested Capital (ROIC)
25.45%
TTM Avg
50.70%
3Y Avg
40.45%
5Y Avg
40.45%
Market Cap
$36.17M
Return on Invested Capital (ROIC)
-25.22%
TTM Avg
-17.70%
3Y Avg
-28.74%
5Y Avg
-26.49%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CVD Equipment Corporation (CVV) | $30.33M | -11.85% | -8.09% | -11.77% | -13.30% |
| Rich Sparkle Holdings Limited (ANPA)vs › | $30.58M | 1.16% | 12.54% | 33.59% | 33.59% |
| Asia Pacific Wire & Cable Corporation Limited (APWC)vs › | $27.42M | 2.93% | 2.23% | 1.65% | 1.07% |
| Pinnacle Food Group Limited Class A Common Shares (PFAI)vs › | $27.35M | -24.35% | -5.47% | -5.47% | -5.47% |
| Harte Hanks, Inc. (HHS)vs › | $33.54M | -6.96% | 3.33% | 7.57% | 4.55% |
| BioHarvest Sciences Inc. (BHST)vs › | $25.13M | -17.10% | -30.80% | -84.18% | -105.68% |
| OIO Group (OIO)vs › | $24.81M | -4.35% | -14.77% | -157.11% | -157.11% |
| Acco Group Holdings Limited (ACCL)vs › | $35.87M | 25.45% | 50.70% | 40.45% | 40.45% |
| Pioneer Pow (PPSI)vs › | $36.17M | -25.22% | -17.70% | -28.74% | -26.49% |
| Euroholdings Ltd. (EHLD)vs › | $36.81M | 22.10% | 36.23% | 35.77% | 35.77% |
ROIC
-11.9%
ROE
27.8%
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 | -11.85% |
| 2026-03-31 | -16.57% |
| 2025-12-31 | -7.01% |
| 2025-09-30 | -2.03% |
| 2025-06-30 | -2.99% |
| 2025-03-31 | -1.97% |
| 2024-12-31 | -9.40% |
| 2024-09-30 | -19.46% |
| 2024-06-30 | -24.11% |
| 2024-03-31 | -24.94% |
| 2023-12-31 | -18.38% |
| 2023-09-30 | -9.20% |
| 2023-06-30 | -5.05% |
| 2023-03-31 | -3.42% |
| 2022-12-31 | -6.09% |
| 2022-09-30 | -9.87% |
| 2022-06-30 | -13.75% |
| 2022-03-31 | -14.62% |
| 2021-12-31 | -15.44% |
| 2021-09-30 | -26.81% |
| 2021-06-30 | -36.38% |
| 2021-03-31 | -35.27% |
| 2020-12-31 | -20.63% |
| 2020-09-30 | -7.02% |
| 2020-06-30 | -4.25% |
| 2020-03-31 | -5.30% |
| 2019-12-31 | -11.87% |
| 2019-09-30 | -13.86% |
| 2019-06-30 | -19.43% |
| 2019-03-31 | -18.51% |
| 2018-12-31 | -10.66% |
| 2018-09-30 | -3.01% |
| 2018-06-30 | 4.41% |
| 2018-03-31 | 8.91% |
| 2017-12-31 | 9.72% |
| 2017-09-30 | 10.66% |
| 2017-06-30 | 7.24% |
| 2017-03-31 | 2.99% |
| 2016-12-31 | -1.93% |
| 2016-09-30 | -2.48% |
| 2016-06-30 | 0.97% |
| 2016-03-31 | 6.11% |
| 2015-12-31 | 8.77% |
| 2015-09-30 | -4.06% |
| 2015-06-30 | -3.20% |
| 2015-03-31 | -7.26% |
| 2014-12-31 | -11.12% |
| 2014-09-30 | -0.19% |
| 2014-06-30 | -5.16% |
| 2014-03-31 | -2.73% |
| 2013-12-31 | -4.96% |
| 2013-09-30 | -4.89% |
| 2013-06-30 | -2.32% |
| 2013-03-31 | -3.60% |
| 2012-12-31 | 1.38% |
| 2012-09-30 | 5.90% |
| 2012-06-30 | 8.38% |
| 2012-03-31 | 9.57% |
| 2011-12-31 | 11.25% |
| 2011-09-30 | 9.65% |
| 2011-06-30 | 6.71% |
| 2011-03-31 | 6.84% |
| 2010-12-31 | 3.38% |
| 2010-09-30 | 2.17% |
| 2009-06-30 | 1.59% |
| 2009-03-31 | 1.78% |
| 2008-12-31 | 2.35% |
| 2008-09-30 | 0.13% |
| 2008-06-30 | 0.69% |
| 2008-03-31 | 1.46% |
| 2007-12-31 | 2.51% |
| 2007-09-30 | 3.30% |
| 2007-06-30 | 7.04% |
| 2007-03-31 | 6.20% |
| 2006-12-31 | 6.10% |
| 2006-09-30 | 4.89% |
| 2006-06-30 | 2.69% |
| 2006-03-31 | 5.58% |
| 2005-12-31 | 5.52% |
| 2005-09-30 | 12.88% |
| 2005-06-30 | 8.89% |
| 2005-03-31 | 2.82% |
| 2004-12-31 | 2.58% |
| 2004-09-30 | -7.26% |
| 2004-06-30 | -4.67% |
| 2004-03-31 | -7.44% |
| 2003-12-31 | -6.57% |
| 2003-09-30 | -4.99% |
| 2003-06-30 | -3.53% |
