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 -79.27% is 70% above its 4-year average of -266.48%, near the high end of its 4-year range (-822.39%–-74.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.02% below its 12-month average of -77.70%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -79.27%.
RETURN ON INVESTED CAPITAL (ROIC)
-79.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-77.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-337.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-2.02%
CURRENT VS 3Y AVG
+76.52%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-28.88%
median of 493 covered companies
CURRENT VS SECTOR MEDIAN
-174.49%
vs the sector median at left
Elutia Inc
Market Cap
$36.32M
Return on Invested Capital (ROIC)
-79.27%
TTM Avg
-77.70%
3Y Avg
-337.61%
5Y Avg
N/A
Market Cap
$34.65M
Return on Invested Capital (ROIC)
-249.58%
TTM Avg
-1007.23%
3Y Avg
-664.86%
5Y Avg
-535.30%
Market Cap
$36.54M
Return on Invested Capital (ROIC)
-164.58%
TTM Avg
-155.30%
3Y Avg
-94.59%
5Y Avg
-73.98%
Market Cap
$36.79M
Return on Invested Capital (ROIC)
-89.44%
TTM Avg
-27.62%
3Y Avg
-11.28%
5Y Avg
-9.71%
Market Cap
$36.61M
Return on Invested Capital (ROIC)
-171.36%
TTM Avg
-234.34%
3Y Avg
-204.54%
5Y Avg
-189.00%
Market Cap
$36.26M
Return on Invested Capital (ROIC)
-10.09%
TTM Avg
-4.30%
3Y Avg
-1.90%
5Y Avg
0.50%
Market Cap
$37.67M
Return on Invested Capital (ROIC)
-166.02%
TTM Avg
-208.81%
3Y Avg
-185.70%
5Y Avg
-165.34%
Market Cap
$38.34M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
-3.38%
3Y Avg
-2.67%
5Y Avg
-1.50%
Market Cap
$38.41M
Return on Invested Capital (ROIC)
-32.18%
TTM Avg
-103.25%
3Y Avg
-133.41%
5Y Avg
-116.42%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elutia Inc (ELUT) | $36.32M | -79.27% | -77.70% | -337.61% | N/A |
| HeartBeam, Inc. (BEAT)vs › | $34.65M | -249.58% | -1007.23% | -664.86% | -535.30% |
| BriaCell Therapeutics Corp. (BCTX)vs › | $36.54M | -164.58% | -155.30% | -94.59% | -73.98% |
| DocGo Inc. (DCGO)vs › | $36.79M | -89.44% | -27.62% | -11.28% | -9.71% |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.61M | -171.36% | -234.34% | -204.54% | -189.00% |
| Accuray Incorporated (ARAY)vs › | $36.26M | -10.09% | -4.30% | -1.90% | 0.50% |
| Edesa Biotech, Inc. (EDSA)vs › | $37.67M | -166.02% | -208.81% | -185.70% | -165.34% |
| Harvard Bioscience, Inc. (HBIO)vs › | $38.34M | 1.99% | -3.38% | -2.67% | -1.50% |
| Incannex Healthcare Limited (IXHL)vs › | $38.41M | -32.18% | -103.25% | -133.41% | -116.42% |
| Grace Therapeutics, Inc. (GRCE)vs › | $33.52M | -52.61% | -25.54% | -42.13% | -36.31% |
ROIC
-79.3%
ROE
329.0%
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 | -79.27% |
| 2026-03-31 | -79.55% |
| 2025-12-31 | -74.29% |
| 2025-03-31 | -709.40% |
| 2024-09-30 | -387.49% |
| 2024-06-30 | -592.75% |
| 2023-12-31 | -822.39% |
| 2023-09-30 | -147.69% |
| 2023-06-30 | -145.63% |
| 2023-03-31 | -108.74% |
| 2022-12-31 | -125.50% |
| 2022-09-30 | -100.06% |
| 2022-06-30 | -91.49% |
