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 -7.85% is 37% above its 5-year average of -12.45%, around the middle of its 5-year range (-25.20%–13.32%).
As of the fiscal period ended Tuesday, June 30, 2026. 23.05% above its 12-month average of -10.20%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -7.85%.
RETURN ON INVESTED CAPITAL (ROIC)
-7.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-10.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-11.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-12.45%
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
+23.05%
CURRENT VS 3Y AVG
+32.16%
CURRENT VS 5Y AVG
+37.00%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
2.76%
median of 496 covered companies
CURRENT VS SECTOR MEDIAN
-384.27%
vs the sector median at left
Expensify, Inc.
Market Cap
$221.66M
Return on Invested Capital (ROIC)
-7.85%
TTM Avg
-10.20%
3Y Avg
-11.57%
5Y Avg
-12.45%
Market Cap
$218.34M
Return on Invested Capital (ROIC)
-20.95%
TTM Avg
-24.80%
3Y Avg
-33.64%
5Y Avg
-31.71%
Market Cap
$226.20M
Return on Invested Capital (ROIC)
-0.65%
TTM Avg
-3.96%
3Y Avg
-3.85%
5Y Avg
-4.79%
Market Cap
$216.62M
Return on Invested Capital (ROIC)
-99.71%
TTM Avg
-59.76%
3Y Avg
-59.76%
5Y Avg
-59.76%
Market Cap
$225.86M
Return on Invested Capital (ROIC)
-181.50%
TTM Avg
-41.73%
3Y Avg
-22.59%
5Y Avg
-14.19%
Market Cap
$206.01M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$207.81M
Return on Invested Capital (ROIC)
-20.01%
TTM Avg
-26.00%
3Y Avg
-17.11%
5Y Avg
-11.11%
Market Cap
$239.60M
Return on Invested Capital (ROIC)
11.75%
TTM Avg
12.32%
3Y Avg
4.30%
5Y Avg
8.87%
Market Cap
$240.64M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
1.76%
3Y Avg
4.50%
5Y Avg
7.81%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expensify, Inc. (EXFY) | $221.66M | -7.85% | -10.20% | -11.57% | -12.45% |
| GSI Technology, Inc. (GSIT)vs › | $218.34M | -20.95% | -24.80% | -33.64% | -31.71% |
| Asure Software, Inc. (ASUR)vs › | $226.20M | -0.65% | -3.96% | -3.85% | -4.79% |
| Bitzero Holdings Inc. Common Shares (AIBZ)vs › | $216.62M | -99.71% | -59.76% | -59.76% | -59.76% |
| GoPro, Inc. (GPRO)vs › | $225.86M | -181.50% | -41.73% | -22.59% | -14.19% |
| GDEV Inc. (GDEV)vs › | $206.01M | N/A | N/A | N/A | N/A |
| One Stop Systems, Inc. (OSS)vs › | $207.81M | -20.01% | -26.00% | -17.11% | -11.11% |
| Alliance Entertainment Holding Corp. (AENT)vs › | $239.60M | 11.75% | 12.32% | 4.30% | 8.87% |
| Immersion Corporation (IMMR)vs › | $240.64M | 1.99% | 1.76% | 4.50% | 7.81% |
| Bgin Blockchain Limited (BGIN)vs › | $242.10M | -542.34% | -84.44% | -20.22% | -0.27% |
ROIC
-7.8%
ROE
-11.6%
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 | -7.85% |
| 2026-03-31 | -12.68% |
| 2025-12-31 | -12.91% |
| 2025-09-30 | -9.56% |
| 2025-06-30 | -7.98% |
| 2025-03-31 | -0.36% |
| 2024-12-31 | -0.61% |
| 2024-09-30 | -5.69% |
| 2024-06-30 | -15.52% |
| 2024-03-31 | -23.52% |
| 2023-12-31 | -25.20% |
| 2023-09-30 | -17.24% |
| 2023-06-30 | -11.24% |
| 2023-03-31 | -7.66% |
| 2022-12-31 | -9.21% |
| 2022-09-30 | -21.31% |
| 2022-06-30 | -23.65% |
| 2022-03-31 | -17.38% |
| 2021-12-31 | -7.06% |
| 2021-09-30 | 13.05% |
| 2021-06-30 | 13.32% |
| 2021-03-31 | 8.85% |
| 2020-12-31 | 4.62% |
| 2019-12-31 | 3.05% |
