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 -35.65% is 51% above its 5-year average of -73.23%, near the high end of its 5-year range (-171.15%–-21.75%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.99% below its 12-month average of -29.96%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -35.65%.
RETURN ON INVESTED CAPITAL (ROIC)
-35.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-29.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-58.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-73.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-66.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-68.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-64.47%
CURRENT VS TTM AVG
-18.99%
CURRENT VS 3Y AVG
+38.97%
CURRENT VS 5Y AVG
+51.32%
CURRENT VS 10Y AVG
+46.20%
CURRENT VS 15Y AVG
+48.32%
CURRENT VS 20Y AVG
+44.71%
SECTOR MEDIAN · CONSUMER CYCLICAL
6.77%
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
-626.52%
vs the sector median at left
Energy Focus, Inc.
Market Cap
$20.32M
Return on Invested Capital (ROIC)
-35.65%
TTM Avg
-29.96%
3Y Avg
-58.41%
5Y Avg
-73.23%
Market Cap
$20.07M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-88.41%
3Y Avg
-62.75%
5Y Avg
-45.75%
Market Cap
$21.23M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-134.29%
3Y Avg
-89.59%
5Y Avg
-53.80%
Market Cap
$21.50M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.85M
Return on Invested Capital (ROIC)
-4.34%
TTM Avg
-2.08%
3Y Avg
2.40%
5Y Avg
12.76%
Market Cap
$19.44M
Return on Invested Capital (ROIC)
10.56%
TTM Avg
8.00%
3Y Avg
8.00%
5Y Avg
8.00%
Market Cap
$23.13M
Return on Invested Capital (ROIC)
4.94%
TTM Avg
2.81%
3Y Avg
4.49%
5Y Avg
7.34%
Market Cap
$17.55M
Return on Invested Capital (ROIC)
-19.14%
TTM Avg
-18.91%
3Y Avg
-7.94%
5Y Avg
-2.37%
Market Cap
$17.42M
Return on Invested Capital (ROIC)
10.85%
TTM Avg
11.00%
3Y Avg
8.23%
5Y Avg
8.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Focus, Inc. (EFOI) | $20.32M | -35.65% | -29.96% | -58.41% | -73.23% |
| Smartbird, Inc (BIRD)vs › | $20.07M | N/A | -88.41% | -62.75% | -45.75% |
| Robo.ai Inc. (AIIO)vs › | $21.23M | N/A | -134.29% | -89.59% | -53.80% |
| K-Tech Solutions Company Limited (KMRK)vs › | $21.50M | N/A | N/A | N/A | N/A |
| Destination XL Group, Inc. (DXLG)vs › | $21.85M | -4.34% | -2.08% | 2.40% | 12.76% |
| CCH Holdings Ltd Ordinary Shares (CCHH)vs › | $19.44M | 10.56% | 8.00% | 8.00% | 8.00% |
| Live Ventures Incorporated (LIVE)vs › | $23.13M | 4.94% | 2.81% | 4.49% | 7.34% |
| Millennium Group International Holdings Limited (MGIH)vs › | $17.55M | -19.14% | -18.91% | -7.94% | -2.37% |
| J-Long Group Limited (JL)vs › | $17.42M | 10.85% | 11.00% | 8.23% | 8.23% |
| Ark Restaurants Corp. (ARKR)vs › | $16.80M | -2.23% | 0.57% | 2.33% | 1.27% |
ROIC
-35.6%
ROE
-46.2%
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 | -35.65% |
| 2026-03-31 | -21.75% |
| 2025-12-31 | -23.86% |
| 2025-09-30 | -29.11% |
| 2025-06-30 | -39.42% |
| 2025-03-31 | -49.40% |
| 2024-12-31 | -58.13% |
| 2024-09-30 | -66.30% |
| 2024-06-30 | -67.37% |
| 2024-03-31 | -85.03% |
| 2023-12-31 | -76.78% |
| 2023-09-30 | -86.95% |
| 2023-06-30 | -119.55% |
| 2023-03-31 | -140.16% |
| 2022-12-31 | -171.15% |
| 2022-09-30 | -130.61% |
| 2022-06-30 | -91.09% |
| 2022-03-31 | -102.04% |
| 2021-12-31 | -86.01% |
| 2021-09-30 | -82.01% |
| 2021-06-30 | -73.36% |
| 2021-03-31 | -67.51% |
| 2020-12-31 | -53.08% |
| 2020-09-30 | -77.77% |
| 2020-06-30 | -82.77% |
| 2020-03-31 | -64.52% |
| 2019-12-31 | -81.85% |
| 2019-09-30 | -83.68% |
| 2019-06-30 | -82.09% |
| 2019-03-31 | -65.07% |
| 2018-12-31 | -67.44% |
| 2018-09-30 | -57.10% |
| 2018-06-30 | -50.22% |
| 2018-03-31 | -53.14% |
| 2017-12-31 | -57.78% |
| 2017-09-30 | -81.13% |
| 2017-06-30 | -80.32% |
| 2017-03-31 | -76.02% |
| 2016-12-31 | -56.02% |
| 2016-09-30 | -20.15% |
| 2016-06-30 | -1.65% |
| 2016-03-31 | 14.13% |
| 2015-12-31 | 20.69% |
| 2015-09-30 | 16.59% |
| 2015-06-30 | 15.27% |
| 2015-03-31 | -1.74% |
| 2014-12-31 | -24.92% |
| 2014-09-30 | -35.72% |
| 2014-06-30 | -78.54% |
| 2014-03-31 | -89.72% |
| 2013-12-31 | -85.43% |
| 2013-09-30 | -110.30% |
| 2013-06-30 | -69.42% |
| 2013-03-31 | -92.29% |
| 2012-12-31 | -100.98% |
| 2012-09-30 | -67.89% |
| 2012-06-30 | -58.74% |
| 2012-03-31 | -57.15% |
| 2011-12-31 | -113.43% |
| 2011-09-30 | -121.68% |
| 2011-06-30 | -102.11% |
| 2011-03-31 | -102.29% |
| 2010-12-31 | -84.80% |
| 2010-09-30 | -82.80% |
| 2010-06-30 | -87.90% |
| 2010-03-31 | -85.96% |
| 2009-12-31 | -76.89% |
| 2009-09-30 | -147.99% |
| 2009-06-30 | -109.10% |
| 2009-03-31 | -88.84% |
| 2008-12-31 | -76.66% |
| 2008-09-30 | -37.56% |
| 2008-06-30 | -41.14% |
| 2008-03-31 | -38.56% |
| 2007-12-31 | -45.84% |
| 2007-09-30 | -36.69% |
| 2007-06-30 | -30.69% |
| 2007-03-31 | -31.00% |
| 2006-12-31 | -28.86% |
| 2006-09-30 | -29.51% |
| 2006-06-30 | -27.57% |
| 2006-03-31 | -23.67% |
| 2005-12-31 | -18.69% |
| 2005-09-30 | -22.02% |
| 2005-06-30 | -10.95% |
| 2005-03-31 | -4.91% |
| 2004-12-31 | -3.36% |
| 2004-09-30 | -1.32% |
| 2004-06-30 | -1.94% |
| 2004-03-31 | -3.80% |
| 2003-12-31 | -2.87% |
| 2003-09-30 | -6.06% |
| 2003-06-30 | -10.43% |
