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 -5.39% is 48% above its 5-year average of -10.37%, around the middle of its 5-year range (-17.27%–14.19%).
As of the fiscal period ended Tuesday, June 30, 2026. 53.34% above its 12-month average of -11.54%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -5.39%.
RETURN ON INVESTED CAPITAL (ROIC)
-5.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-11.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-10.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-10.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-10.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+53.34%
CURRENT VS 3Y AVG
+48.64%
CURRENT VS 5Y AVG
+48.06%
CURRENT VS 10Y AVG
+47.05%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
3.48%
median of 135 covered companies
CURRENT VS SECTOR MEDIAN
-254.77%
vs the sector median at left
Electra Battery Materials Corporation
Market Cap
$53.43M
Return on Invested Capital (ROIC)
-5.39%
TTM Avg
-11.54%
3Y Avg
-10.49%
5Y Avg
-10.37%
Market Cap
$51.69M
Return on Invested Capital (ROIC)
0.88%
TTM Avg
1.49%
3Y Avg
0.13%
5Y Avg
0.13%
Market Cap
$65.38M
Return on Invested Capital (ROIC)
N/A
TTM Avg
92.51%
3Y Avg
57.15%
5Y Avg
38.04%
Market Cap
$65.95M
Return on Invested Capital (ROIC)
-71.13%
TTM Avg
-124.89%
3Y Avg
-102.92%
5Y Avg
-95.21%
Market Cap
$40.43M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$39.58M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-194.47%
3Y Avg
-181.07%
5Y Avg
-181.07%
Market Cap
$35.26M
Return on Invested Capital (ROIC)
-13.90%
TTM Avg
-25.30%
3Y Avg
-13.12%
5Y Avg
-7.23%
Market Cap
$73.43M
Return on Invested Capital (ROIC)
-52.58%
TTM Avg
-61.00%
3Y Avg
-108.78%
5Y Avg
-245.52%
Market Cap
$74.09M
Return on Invested Capital (ROIC)
-2.18%
TTM Avg
-2.59%
3Y Avg
-4.04%
5Y Avg
-0.72%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electra Battery Materials Corporation (ELBM) | $53.43M | -5.39% | -11.54% | -10.49% | -10.37% |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.69M | 0.88% | 1.49% | 0.13% | 0.13% |
| Namib Minerals (NAMM)vs › | $65.38M | N/A | 92.51% | 57.15% | 38.04% |
| Nexmetals Mining Corp. (NEXM)vs › | $65.95M | -71.13% | -124.89% | -102.92% | -95.21% |
| Tactical Resources Corp. (TREO)vs › | $40.43M | N/A | N/A | N/A | N/A |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.58M | N/A | -194.47% | -181.07% | -181.07% |
| Largo Inc. (LGO)vs › | $35.26M | -13.90% | -25.30% | -13.12% | -7.23% |
| Atlas Lithium Corporation (ATLX)vs › | $73.43M | -52.58% | -61.00% | -108.78% | -245.52% |
| Northern Technologies International Corporation (NTIC)vs › | $74.09M | -2.18% | -2.59% | -4.04% | -0.72% |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $30.53M | -18.04% | -19.37% | -35.23% | -25.64% |
ROIC
-5.4%
ROE
-87.4%
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 | -5.39% |
| 2026-03-31 | -12.71% |
| 2025-12-31 | -17.27% |
| 2025-09-30 | -11.55% |
| 2025-06-30 | -10.79% |
| 2025-03-31 | -10.77% |
| 2024-12-31 | -10.19% |
| 2024-09-30 | -9.26% |
| 2024-06-30 | -9.50% |
| 2024-03-31 | -10.22% |
| 2023-12-31 | -10.41% |
| 2023-09-30 | -9.44% |
| 2023-06-30 | -10.52% |
| 2023-03-31 | -10.67% |
| 2022-12-31 | -10.73% |
| 2022-09-30 | 14.19% |
| 2022-06-30 | 11.66% |
| 2022-03-31 | 11.35% |
| 2021-12-31 | 11.74% |
| 2021-09-30 | -9.69% |
| 2021-06-30 | -9.10% |
| 2021-03-31 | -6.77% |
| 2020-12-31 | -6.98% |
| 2020-09-30 | -7.04% |
| 2020-06-30 | -6.61% |
| 2020-03-31 | -7.06% |
| 2019-12-31 | -8.48% |
| 2019-09-30 | -7.33% |
| 2019-06-30 | -11.16% |
| 2019-03-31 | -13.51% |
| 2018-12-31 | -14.41% |
| 2018-09-30 | -12.43% |
| 2018-06-30 | -9.23% |
| 2018-03-31 | -11.80% |
| 2017-12-31 | -9.50% |
| 2017-09-30 | -62.28% |
| 2017-06-30 | -33.00% |
| 2017-03-31 | -25.30% |
| 2016-12-31 | -9.67% |
| 2016-09-30 | -15.50% |
| 2016-06-30 | -204.34% |
| 2015-12-31 | -231.32% |
| 2015-09-30 | -168.77% |
| 2015-06-30 | -133.01% |
| 2015-03-31 | -111.44% |
| 2014-12-31 | -13.55% |
| 2014-09-30 | -14.19% |
| 2014-06-30 | -11.48% |
| 2014-03-31 | -11.43% |
| 2013-12-31 | -5.23% |
| 2013-09-30 | -6.90% |
