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 -34.10% is 52% above its 5-year average of -71.01%, near the high end of its 5-year range (-385.23%–-28.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 72.11% above its 12-month average of -122.28%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -34.10%.
RETURN ON INVESTED CAPITAL (ROIC)
-34.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-122.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-57.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-71.01%
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
+72.11%
CURRENT VS 3Y AVG
+40.26%
CURRENT VS 5Y AVG
+51.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+4.33%
vs the sector median at left
Equillium, Inc.
Market Cap
$90.73M
Return on Invested Capital (ROIC)
-34.10%
TTM Avg
-122.28%
3Y Avg
-57.09%
5Y Avg
-71.01%
Market Cap
$89.80M
Return on Invested Capital (ROIC)
-217.73%
TTM Avg
-143.58%
3Y Avg
-163.00%
5Y Avg
-133.51%
Market Cap
$90.37M
Return on Invested Capital (ROIC)
-220.02%
TTM Avg
-209.28%
3Y Avg
-141.42%
5Y Avg
-99.57%
Market Cap
$89.95M
Return on Invested Capital (ROIC)
-24.40%
TTM Avg
-73.07%
3Y Avg
-65.09%
5Y Avg
-50.82%
Market Cap
$89.34M
Return on Invested Capital (ROIC)
8.16%
TTM Avg
0.11%
3Y Avg
-4.79%
5Y Avg
-3.69%
Market Cap
$88.39M
Return on Invested Capital (ROIC)
12.79%
TTM Avg
17.38%
3Y Avg
-11.40%
5Y Avg
-8.36%
Market Cap
$87.62M
Return on Invested Capital (ROIC)
-216.05%
TTM Avg
-121.78%
3Y Avg
-79.31%
5Y Avg
-71.06%
Market Cap
$96.46M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$96.06M
Return on Invested Capital (ROIC)
-49.27%
TTM Avg
-62.42%
3Y Avg
-75.33%
5Y Avg
-62.43%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Equillium, Inc. (EQ) | $90.73M | -34.10% | -122.28% | -57.09% | -71.01% |
| electroCore, Inc. (ECOR)vs › | $89.80M | -217.73% | -143.58% | -163.00% | -133.51% |
| Biomea Fusion, Inc. (BMEA)vs › | $90.37M | -220.02% | -209.28% | -141.42% | -99.57% |
| Rallybio Corporation (RLYB)vs › | $89.95M | -24.40% | -73.07% | -65.09% | -50.82% |
| ImmuCell Corporation (ICCC)vs › | $89.34M | 8.16% | 0.11% | -4.79% | -3.69% |
| CareCloud, Inc. (CCLD)vs › | $88.39M | 12.79% | 17.38% | -11.40% | -8.36% |
| Neumora Therapeutics, Inc. Common Stock (NMRA)vs › | $87.62M | -216.05% | -121.78% | -79.31% | -71.06% |
| Conexeu Sciences Inc. (CNXU)vs › | $96.46M | N/A | N/A | N/A | N/A |
| Milestone Pharmaceuticals Inc. (MIST)vs › | $96.06M | -49.27% | -62.42% | -75.33% | -62.43% |
| Park Dental Partners, Inc. Common Stock (PARK)vs › | $96.58M | -4.43% | 2.86% | 2.48% | 2.48% |
ROIC
-34.1%
ROE
-32.1%
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 | -34.10% |
| 2026-03-31 | -33.86% |
| 2025-12-31 | -80.62% |
| 2025-09-30 | -77.58% |
| 2025-06-30 | -385.23% |
| 2025-03-31 | -131.95% |
| 2024-12-31 | -42.96% |
| 2024-09-30 | -28.60% |
| 2024-06-30 | -42.16% |
| 2024-03-31 | -61.74% |
| 2023-12-31 | -62.07% |
| 2023-09-30 | -33.80% |
| 2023-06-30 | -55.63% |
| 2023-03-31 | -63.44% |
| 2022-12-31 | -119.15% |
| 2022-09-30 | -187.03% |
| 2022-06-30 | -136.78% |
| 2022-03-31 | -103.14% |
| 2021-12-31 | -48.49% |
| 2021-09-30 | -42.32% |
| 2021-06-30 | -34.81% |
| 2021-03-31 | -30.21% |
| 2020-12-31 | -37.00% |
| 2020-09-30 | -32.01% |
| 2020-06-30 | -68.51% |
| 2020-03-31 | -60.24% |
| 2019-12-31 | -51.74% |
| 2019-09-30 | -39.75% |
| 2019-06-30 | -35.48% |
| 2019-03-31 | -23.34% |
| 2018-12-31 | -13.23% |
| 2018-09-30 | -134.37% |
| 2018-06-30 | -46.94% |
