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 3.16% is 125% above its 5-year average of -12.65%, near the high end of its 5-year range (-27.53%–3.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 311.63% above its 12-month average of -1.49%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.16%.
RETURN ON INVESTED CAPITAL (ROIC)
3.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-9.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-12.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-8.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+311.63%
CURRENT VS 3Y AVG
+134.17%
CURRENT VS 5Y AVG
+124.98%
CURRENT VS 10Y AVG
+136.60%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
+635.13%
vs the sector median at left
Freshworks Inc.
Market Cap
$3.78B
Return on Invested Capital (ROIC)
3.16%
TTM Avg
-1.49%
3Y Avg
-9.25%
5Y Avg
-12.65%
Market Cap
$3.75B
Return on Invested Capital (ROIC)
3.92%
TTM Avg
-7.49%
3Y Avg
-12.34%
5Y Avg
-10.82%
Market Cap
$3.85B
Return on Invested Capital (ROIC)
2.89%
TTM Avg
1.70%
3Y Avg
0.96%
5Y Avg
0.28%
Market Cap
$3.86B
Return on Invested Capital (ROIC)
7.58%
TTM Avg
8.26%
3Y Avg
5.23%
5Y Avg
2.71%
Market Cap
$3.89B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.67B
Return on Invested Capital (ROIC)
9.60%
TTM Avg
11.21%
3Y Avg
12.25%
5Y Avg
12.50%
Market Cap
$3.93B
Return on Invested Capital (ROIC)
-33.24%
TTM Avg
4.75%
3Y Avg
-5.82%
5Y Avg
-10.73%
Market Cap
$4.00B
Return on Invested Capital (ROIC)
-6.02%
TTM Avg
-10.62%
3Y Avg
-12.43%
5Y Avg
-11.67%
Market Cap
$3.57B
Return on Invested Capital (ROIC)
0.25%
TTM Avg
-4.79%
3Y Avg
0.50%
5Y Avg
2.89%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freshworks Inc. (FRSH) | $3.78B | 3.16% | -1.49% | -9.25% | -12.65% |
| Workiva Inc. (WK)vs › | $3.75B | 3.92% | -7.49% | -12.34% | -10.82% |
| CCC Intelligent Solutions Holdings Inc. (CCC)vs › | $3.85B | 2.89% | 1.70% | 0.96% | 0.28% |
| Itron, Inc. (ITRI)vs › | $3.86B | 7.58% | 8.26% | 5.23% | 2.71% |
| Webull Corporation Class A Ordinary Shares (BULL)vs › | $3.89B | N/A | N/A | N/A | N/A |
| Universal Display Corporation (OLED)vs › | $3.67B | 9.60% | 11.21% | 12.25% | 12.50% |
| Wix.com Ltd. (WIX)vs › | $3.93B | -33.24% | 4.75% | -5.82% | -10.73% |
| Fastly, Inc. (FSLY)vs › | $4.00B | -6.02% | -10.62% | -12.43% | -11.67% |
| IPG Photonics Corporation (IPGP)vs › | $3.57B | 0.25% | -4.79% | 0.50% | 2.89% |
| monday.com Ltd. (MNDY)vs › | $3.53B | 4.62% | -0.95% | -6.22% | -73.15% |
ROIC
3.2%
ROE
20.7%
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 | 3.16% |
| 2026-03-31 | 1.43% |
| 2025-12-31 | 1.20% |
| 2025-09-30 | -5.46% |
| 2025-06-30 | -7.80% |
| 2025-03-31 | -10.36% |
| 2024-12-31 | -11.51% |
| 2024-09-30 | -12.93% |
| 2024-06-30 | -13.16% |
| 2024-03-31 | -13.64% |
| 2023-12-31 | -15.07% |
| 2023-09-30 | -17.15% |
| 2023-06-30 | -18.97% |
| 2023-03-31 | -21.20% |
| 2022-12-31 | -20.92% |
| 2022-09-30 | -20.63% |
| 2022-06-30 | -27.53% |
| 2022-03-31 | -21.59% |
| 2021-12-31 | -16.26% |
| 2021-09-30 | -11.80% |
| 2021-06-30 | -5.55% |
| 2021-03-31 | -4.33% |
| 2020-12-31 | -25.98% |
| 2019-04-01 | 3.92% |
| 2018-12-31 | 3.72% |
| 2018-10-01 | 4.37% |
| 2018-07-02 | 3.21% |
| 2018-04-02 | -1.20% |
| 2017-12-31 | -6.29% |
| 2017-10-02 | -5.67% |
| 2017-07-03 | -4.33% |
| 2017-04-03 | -0.25% |
| 2016-12-31 | 2.15% |
| 2016-09-26 | 2.74% |
| 2016-06-27 | 3.33% |
| 2016-03-28 | 3.64% |
| 2015-12-31 | 4.19% |
| 2015-09-28 | 3.90% |
| 2015-06-29 | 3.99% |
| 2015-03-30 | 3.67% |