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 15.71% is 12% above its 5-year average of 14.04%, near the low end of its 5-year range (8.40%–40.12%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.88% above its 12-month average of 14.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 15.71%.
RETURN ON INVESTED CAPITAL (ROIC)
15.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
14.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.04%
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
+8.88%
CURRENT VS 3Y AVG
+10.99%
CURRENT VS 5Y AVG
+11.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
3.03%
median of 424 covered companies
CURRENT VS SECTOR MEDIAN
+418.61%
vs the sector median at left
GigaCloud Technology Inc.
Market Cap
$2.04B
Return on Invested Capital (ROIC)
15.71%
TTM Avg
14.43%
3Y Avg
14.16%
5Y Avg
14.04%
Market Cap
$2.01B
Return on Invested Capital (ROIC)
0.00%
TTM Avg
-1.92%
3Y Avg
-2.61%
5Y Avg
-2.06%
Market Cap
$2.08B
Return on Invested Capital (ROIC)
-19.86%
TTM Avg
-14.52%
3Y Avg
-35.29%
5Y Avg
-25.00%
Market Cap
$1.98B
Return on Invested Capital (ROIC)
-71.18%
TTM Avg
-36.57%
3Y Avg
-34.04%
5Y Avg
-26.68%
Market Cap
$2.11B
Return on Invested Capital (ROIC)
3.87%
TTM Avg
-0.56%
3Y Avg
-3.25%
5Y Avg
-4.81%
Market Cap
$1.97B
Return on Invested Capital (ROIC)
15.80%
TTM Avg
12.04%
3Y Avg
5.98%
5Y Avg
4.49%
Market Cap
$2.17B
Return on Invested Capital (ROIC)
-46.98%
TTM Avg
-53.44%
3Y Avg
-54.44%
5Y Avg
-51.23%
Market Cap
$1.90B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.19B
Return on Invested Capital (ROIC)
24.70%
TTM Avg
29.59%
3Y Avg
5.71%
5Y Avg
3.44%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GigaCloud Technology Inc. (GCT) | $2.04B | 15.71% | 14.43% | 14.16% | 14.04% |
| Bandwidth Inc. (BAND)vs › | $2.01B | 0.00% | -1.92% | -2.61% | -2.06% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.08B | -19.86% | -14.52% | -35.29% | -25.00% |
| Amplitude, Inc. (AMPL)vs › | $1.98B | -71.18% | -36.57% | -34.04% | -26.68% |
| nCino, Inc. (NCNO)vs › | $2.11B | 3.87% | -0.56% | -3.25% | -4.81% |
| Blackbaud, Inc. (BLKB)vs › | $1.97B | 15.80% | 12.04% | 5.98% | 4.49% |
| Asana, Inc. (ASAN)vs › | $2.17B | -46.98% | -53.44% | -54.44% | -51.23% |
| BitVentures Limited (BVC)vs › | $1.90B | N/A | N/A | N/A | N/A |
| Innodata Inc. (INOD)vs › | $2.19B | 24.70% | 29.59% | 5.71% | 3.44% |
| Karooooo Ltd. (KARO)vs › | $1.88B | 22.00% | 22.79% | 21.75% | 21.38% |
ROIC
15.7%
ROE
29.2%
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 | 15.71% |
| 2026-03-31 | 13.60% |
| 2025-12-31 | 14.36% |
| 2025-09-30 | 14.09% |
| 2025-06-30 | 14.40% |
| 2025-03-31 | 13.99% |
| 2024-12-31 | 14.52% |
| 2024-09-30 | 14.47% |
| 2024-06-30 | 13.74% |
| 2024-03-31 | 14.34% |
| 2023-12-31 | 14.05% |
| 2023-09-30 | 18.45% |
| 2023-06-30 | 14.18% |
| 2023-03-31 | 11.06% |
| 2022-12-31 | 8.52% |
| 2022-09-30 | 8.54% |
| 2022-06-30 | 8.40% |
| 2022-03-31 | 9.81% |
| 2021-12-31 | 23.46% |
| 2021-06-30 | 40.12% |
| 2021-03-31 | 42.42% |
| 2020-12-31 | 40.69% |
