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 -20.26% is 55% above its 2-year average of -44.88%, near the high end of its 2-year range (-93.53%–-19.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.08% above its 12-month average of -21.35%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -20.26%.
RETURN ON INVESTED CAPITAL (ROIC)
-20.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-21.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
+5.08%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-33.98%
median of 700 covered companies
CURRENT VS SECTOR MEDIAN
+40.38%
vs the sector median at left
GRAIL Inc.
Market Cap
$5.98B
Return on Invested Capital (ROIC)
-20.26%
TTM Avg
-21.35%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.98B
Return on Invested Capital (ROIC)
3.91%
TTM Avg
0.53%
3Y Avg
0.65%
5Y Avg
2.31%
Market Cap
$5.93B
Return on Invested Capital (ROIC)
-37.26%
TTM Avg
-50.97%
3Y Avg
-60.09%
5Y Avg
-54.48%
Market Cap
$5.80B
Return on Invested Capital (ROIC)
9.76%
TTM Avg
-0.67%
3Y Avg
-1.10%
5Y Avg
-22.88%
Market Cap
$5.77B
Return on Invested Capital (ROIC)
-24.33%
TTM Avg
-20.36%
3Y Avg
-23.88%
5Y Avg
-23.64%
Market Cap
$5.56B
Return on Invested Capital (ROIC)
0.43%
TTM Avg
-2.29%
3Y Avg
-2.17%
5Y Avg
-2.17%
Market Cap
$5.53B
Return on Invested Capital (ROIC)
1.41%
TTM Avg
2.38%
3Y Avg
2.50%
5Y Avg
2.69%
Market Cap
$6.44B
Return on Invested Capital (ROIC)
-63.96%
TTM Avg
-73.62%
3Y Avg
-66.48%
5Y Avg
-67.69%
Market Cap
$6.51B
Return on Invested Capital (ROIC)
11.03%
TTM Avg
15.62%
3Y Avg
13.60%
5Y Avg
7.69%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GRAIL Inc. (GRAL) | $5.98B | -20.26% | -21.35% | N/A | N/A |
| Ligand Pharmaceuticals Incorporated (LGND)vs › | $5.98B | 3.91% | 0.53% | 0.65% | 2.31% |
| Iovance Biotherapeutics, Inc. (IOVA)vs › | $5.93B | -37.26% | -50.97% | -60.09% | -54.48% |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.80B | 9.76% | -0.67% | -1.10% | -22.88% |
| CG Oncology Inc. (CGON)vs › | $5.77B | -24.33% | -20.36% | -23.88% | -23.64% |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.56B | 0.43% | -2.29% | -2.17% | -2.17% |
| RadNet, Inc. (RDNT)vs › | $5.53B | 1.41% | 2.38% | 2.50% | 2.69% |
| Rhythm Pharmaceuticals, Inc. (RYTM)vs › | $6.44B | -63.96% | -73.62% | -66.48% | -67.69% |
| Lantheus Holdings, Inc. (LNTH)vs › | $6.51B | 11.03% | 15.62% | 13.60% | 7.69% |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.54B | 13.45% | 11.53% | 6.80% | 5.48% |
ROIC
-20.3%
ROE
-15.4%
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 | -20.26% |
| 2026-03-31 | -19.95% |
| 2025-12-31 | -19.70% |
| 2025-09-30 | -22.77% |
| 2025-06-30 | -24.05% |
| 2025-03-31 | -76.29% |
| 2024-12-31 | -75.32% |
| 2024-09-30 | -74.31% |
| 2024-06-30 | -93.53% |
| 2024-03-31 | -33.16% |
| 2023-12-31 | -34.38% |
