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 -23.50% is 33% above its 5-year average of -35.12%, near the high end of its 5-year range (-68.21%–-13.18%).
As of the fiscal period ended Sunday, July 5, 2026. 8.10% below its 12-month average of -21.74%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-05): -23.50%.
RETURN ON INVESTED CAPITAL (ROIC)
-23.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-21.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-41.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-35.12%
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
-8.10%
CURRENT VS 3Y AVG
+43.29%
CURRENT VS 5Y AVG
+33.08%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
4.71%
median of 351 covered companies
CURRENT VS SECTOR MEDIAN
-598.93%
vs the sector median at left
Enovix Corporation
Market Cap
$592.29M
Return on Invested Capital (ROIC)
-23.50%
TTM Avg
-21.74%
3Y Avg
-41.44%
5Y Avg
-35.12%
Market Cap
$607.82M
Return on Invested Capital (ROIC)
-1.67%
TTM Avg
0.57%
3Y Avg
2.31%
5Y Avg
1.18%
Market Cap
$576.21M
Return on Invested Capital (ROIC)
1.15%
TTM Avg
-1.38%
3Y Avg
2.26%
5Y Avg
1.45%
Market Cap
$634.61M
Return on Invested Capital (ROIC)
-11.29%
TTM Avg
-19.59%
3Y Avg
-16.87%
5Y Avg
-13.04%
Market Cap
$548.30M
Return on Invested Capital (ROIC)
-6.00%
TTM Avg
-2.86%
3Y Avg
-0.64%
5Y Avg
0.11%
Market Cap
$515.85M
Return on Invested Capital (ROIC)
18.42%
TTM Avg
20.06%
3Y Avg
26.01%
5Y Avg
22.38%
Market Cap
$514.89M
Return on Invested Capital (ROIC)
-6.00%
TTM Avg
-2.86%
3Y Avg
-0.64%
5Y Avg
0.11%
Market Cap
$504.44M
Return on Invested Capital (ROIC)
3.78%
TTM Avg
3.54%
3Y Avg
4.48%
5Y Avg
3.11%
Market Cap
$688.28M
Return on Invested Capital (ROIC)
4.93%
TTM Avg
5.00%
3Y Avg
5.60%
5Y Avg
6.32%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enovix Corporation (ENVX) | $592.29M | -23.50% | -21.74% | -41.44% | -35.12% |
| Matthews International Corporation (MATW)vs › | $607.82M | -1.67% | 0.57% | 2.31% | 1.18% |
| Hertz Global Holdings, Inc. (HTZ)vs › | $576.21M | 1.15% | -1.38% | 2.26% | 1.45% |
| Ballard Power Systems Inc. (BLDP)vs › | $634.61M | -11.29% | -19.59% | -16.87% | -13.04% |
| Kelly Services, Inc. (KELYA)vs › | $548.30M | -6.00% | -2.86% | -0.64% | 0.11% |
| Euroseas Ltd. (ESEA)vs › | $515.85M | 18.42% | 20.06% | 26.01% | 22.38% |
| Kelly Services, Inc. (KELYB)vs › | $514.89M | -6.00% | -2.86% | -0.64% | 0.11% |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $504.44M | 3.78% | 3.54% | 4.48% | 3.11% |
| Kimball Electronics, Inc. (KE)vs › | $688.28M | 4.93% | 5.00% | 5.60% | 6.32% |
| Accelevation Holdings Corp. (ACCV)vs › | $495.00M | N/A | N/A | N/A | N/A |
ROIC
-23.5%
ROE
-81.0%
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) |
|---|---|
| 2026-07-05 | -23.50% |
| 2026-04-05 | -22.54% |
| 2025-12-28 | -21.48% |
| 2025-09-28 | -19.44% |
| 2025-06-29 | -39.81% |
| 2025-03-30 | -47.63% |
| 2024-12-29 | -50.25% |
| 2024-09-29 | -68.21% |
| 2024-06-30 | -63.43% |
| 2024-03-31 | -51.50% |
| 2023-12-31 | -45.22% |
| 2023-10-01 | -44.27% |
| 2023-07-02 | -38.66% |
| 2023-04-02 | -44.13% |
| 2022-12-31 | -31.61% |
| 2022-10-02 | -24.80% |
| 2022-07-03 | -20.65% |
| 2022-04-03 | -17.03% |
| 2021-12-31 | -15.05% |
| 2021-10-03 | -13.18% |
| 2021-06-30 | -70.88% |
| 2021-03-31 | -59.61% |
| 2020-12-31 | -43.50% |
