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 -6.02% is 51% above its 5-year average of -12.18%, near the high end of its 5-year range (-14.44%–-6.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 31.68% above its 12-month average of -8.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -6.02%.
RETURN ON INVESTED CAPITAL (ROIC)
-6.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-8.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-11.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-12.18%
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
+31.68%
CURRENT VS 3Y AVG
+48.37%
CURRENT VS 5Y AVG
+50.54%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
3.26%
median of 409 covered companies
CURRENT VS SECTOR MEDIAN
-284.77%
vs the sector median at left
Fastly, Inc.
Market Cap
$4.07B
Return on Invested Capital (ROIC)
-6.02%
TTM Avg
-8.82%
3Y Avg
-11.67%
5Y Avg
-12.18%
Market Cap
$4.15B
Return on Invested Capital (ROIC)
33.31%
TTM Avg
25.16%
3Y Avg
8.55%
5Y Avg
-1.46%
Market Cap
$3.91B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.23B
Return on Invested Capital (ROIC)
-8.63%
TTM Avg
-20.68%
3Y Avg
-41.52%
5Y Avg
-38.64%
Market Cap
$3.91B
Return on Invested Capital (ROIC)
3.92%
TTM Avg
-7.49%
3Y Avg
-12.34%
5Y Avg
-10.82%
Market Cap
$4.25B
Return on Invested Capital (ROIC)
3.38%
TTM Avg
-0.28%
3Y Avg
-3.50%
5Y Avg
-5.17%
Market Cap
$3.89B
Return on Invested Capital (ROIC)
-33.24%
TTM Avg
4.75%
3Y Avg
-5.82%
5Y Avg
-10.73%
Market Cap
$4.26B
Return on Invested Capital (ROIC)
31.82%
TTM Avg
24.75%
3Y Avg
27.68%
5Y Avg
33.05%
Market Cap
$3.88B
Return on Invested Capital (ROIC)
2.89%
TTM Avg
1.70%
3Y Avg
0.96%
5Y Avg
0.28%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fastly, Inc. (FSLY) | $4.07B | -6.02% | -8.82% | -11.67% | -12.18% |
| Clear Secure, Inc. (YOU)vs › | $4.15B | 33.31% | 25.16% | 8.55% | -1.46% |
| Webull Corporation Class A Ordinary Shares (BULL)vs › | $3.91B | N/A | N/A | N/A | N/A |
| Ondas Holdings Inc. (ONDS)vs › | $4.23B | -8.63% | -20.68% | -41.52% | -38.64% |
| Workiva Inc. (WK)vs › | $3.91B | 3.92% | -7.49% | -12.34% | -10.82% |
| Tenable Holdings, Inc. (TENB)vs › | $4.25B | 3.38% | -0.28% | -3.50% | -5.17% |
| Wix.com Ltd. (WIX)vs › | $3.89B | -33.24% | 4.75% | -5.82% | -10.73% |
| Dlocal Limited (DLO)vs › | $4.26B | 31.82% | 24.75% | 27.68% | 33.05% |
| CCC Intelligent Solutions Holdings Inc. (CCC)vs › | $3.88B | 2.89% | 1.70% | 0.96% | 0.28% |
| Itron, Inc. (ITRI)vs › | $3.84B | 7.58% | 8.26% | 5.23% | 2.71% |
ROIC
-6.0%
ROE
-8.2%
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 | -6.02% |
| 2026-03-31 | -7.71% |
| 2025-12-31 | -8.81% |
| 2025-09-30 | -10.36% |
| 2025-06-30 | -11.18% |
| 2025-03-31 | -11.96% |
| 2024-12-31 | -12.47% |
| 2024-09-30 | -12.98% |
| 2024-06-30 | -14.12% |
| 2024-03-31 | -14.22% |
| 2023-12-31 | -14.38% |
| 2023-09-30 | -13.62% |
| 2023-06-30 | -13.85% |
| 2023-03-31 | -13.27% |
| 2022-12-31 | -14.12% |
| 2022-09-30 | -14.44% |
| 2022-06-30 | -13.59% |
| 2022-03-31 | -11.64% |
| 2021-12-31 | -10.80% |
| 2021-09-30 | -10.81% |
| 2021-06-30 | -9.25% |
| 2021-03-31 | -7.12% |
| 2020-12-31 | -9.52% |
| 2020-09-30 | -11.31% |
| 2020-06-30 | -9.34% |
| 2020-03-31 | -17.80% |
| 2019-12-31 | -16.40% |
| 2019-09-30 | -13.40% |
| 2019-06-30 | -10.66% |
| 2019-03-31 | -19.68% |
| 2018-12-31 | -20.66% |