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 0.30% is 98% below its 5-year average of 12.21%, near the low end of its 5-year range (0.30%–24.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 92.02% below its 12-month average of 3.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 0.30%.
RETURN ON INVESTED CAPITAL (ROIC)
0.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
15.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.78%
CURRENT VS TTM AVG
-92.02%
CURRENT VS 3Y AVG
-97.14%
CURRENT VS 5Y AVG
-97.51%
CURRENT VS 10Y AVG
-98.06%
CURRENT VS 15Y AVG
-96.73%
CURRENT VS 20Y AVG
-96.89%
SECTOR MEDIAN · FINANCIAL SERVICES
-0.59%
median of 183 covered companies
CURRENT VS SECTOR MEDIAN
+151.63%
vs the sector median at left
Heritage Global Inc.
Market Cap
$44.82M
Return on Invested Capital (ROIC)
0.30%
TTM Avg
3.82%
3Y Avg
10.63%
5Y Avg
12.21%
Market Cap
$46.26M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.65M
Return on Invested Capital (ROIC)
-22.37%
TTM Avg
-15.31%
3Y Avg
-69.95%
5Y Avg
-56.23%
Market Cap
$43.97M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$43.94M
Return on Invested Capital (ROIC)
-8395.06%
TTM Avg
-8.84%
3Y Avg
-4.46%
5Y Avg
-4.46%
Market Cap
$46.36M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$46.88M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$43.11M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.22M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Heritage Global Inc. (HGBL) | $44.82M | 0.30% | 3.82% | 10.63% | 12.21% |
| Kentucky First Federal Bancorp (KFFB)vs › | $46.26M | N/A | N/A | N/A | N/A |
| Innventure, Inc. (INV)vs › | $45.65M | -22.37% | -15.31% | -69.95% | -56.23% |
| Marathon Bancorp, Inc. (MBBC)vs › | $43.97M | N/A | N/A | N/A | N/A |
| Quetta Acquisition Corporation (QETA)vs › | $43.94M | -8395.06% | -8.84% | -4.46% | -4.46% |
| Dominari Holdings Inc. (DOMH)vs › | $46.36M | N/A | N/A | N/A | N/A |
| Metalpha Technology Holding Limited (MATH)vs › | $46.88M | N/A | N/A | N/A | N/A |
| Kestrel Group Ltd (KG)vs › | $43.11M | N/A | N/A | N/A | N/A |
| Sol Strategies Inc. Common Shares (STKE)vs › | $47.22M | N/A | N/A | N/A | N/A |
| Vroom, Inc. (VRM)vs › | $47.37M | -2.30% | -6.03% | -17.70% | -16.61% |
ROIC
0.3%
ROE
-27.5%
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 | 0.30% |
| 2026-03-31 | 4.02% |
| 2025-12-31 | 4.88% |
| 2025-09-30 | 4.86% |
| 2025-06-30 | 5.03% |
| 2025-03-31 | 6.12% |
| 2024-12-31 | 7.80% |
| 2024-09-30 | 15.39% |
| 2024-06-30 | 15.54% |
| 2024-03-31 | 16.44% |
| 2023-12-31 | 17.63% |
| 2023-09-30 | 19.08% |
| 2023-06-30 | 21.11% |
| 2023-03-31 | 24.15% |
| 2022-12-31 | 20.31% |
| 2022-09-30 | 15.61% |
| 2022-06-30 | 11.57% |
| 2022-03-31 | 7.04% |
| 2021-12-31 | 7.78% |
| 2021-09-30 | 13.85% |
| 2021-06-30 | 17.84% |
| 2021-03-31 | 22.06% |
| 2020-12-31 | 19.82% |
| 2020-09-30 | 13.56% |
| 2020-06-30 | 12.80% |
| 2020-03-31 | 18.97% |
| 2019-12-31 | 23.06% |
| 2019-09-30 | 28.75% |
| 2019-06-30 | 24.61% |
| 2019-03-31 | 23.01% |
| 2018-12-31 | 32.69% |
| 2018-09-30 | 36.05% |
| 2018-06-30 | 35.74% |
| 2018-03-31 | 20.55% |
| 2017-12-31 | 6.61% |
| 2017-09-30 | 22.66% |
| 2017-06-30 | 8.81% |
| 2017-03-31 | 4.79% |
| 2016-12-31 | 1.44% |
| 2016-09-30 | -87.02% |
| 2016-06-30 | -83.54% |
| 2016-03-31 | -85.80% |
| 2015-12-31 | -92.72% |
| 2015-09-30 | -30.85% |
| 2015-06-30 | -8.27% |
| 2015-03-31 | -7.98% |
| 2014-12-31 | -7.94% |
| 2014-09-30 | -11.02% |
| 2014-06-30 | -9.35% |
| 2014-03-31 | -15.31% |
| 2013-12-31 | -6.75% |
| 2013-09-30 | -3.40% |
| 2013-06-30 | -6.91% |
| 2013-03-31 | -5.23% |
| 2012-12-31 | -1.76% |
| 2012-09-30 | -2.37% |
| 2012-06-30 | 0.79% |
| 2012-03-31 | 10.60% |
| 2011-12-31 | 5.19% |
| 2011-09-30 | 6.45% |
| 2011-06-30 | 12.04% |
| 2011-03-31 | -0.97% |
| 2010-12-31 | 16.03% |
| 2010-09-30 | 24.34% |
| 2010-06-30 | 16.22% |
| 2010-03-31 | 0.66% |
| 2009-12-31 | -8.08% |
| 2009-09-30 | -8.93% |
| 2009-06-30 | 21.07% |
| 2009-03-31 | 54.95% |
| 2007-12-31 | -88.67% |
| 2007-09-30 | -407.34% |
| 2007-06-30 | -151.31% |
| 2007-03-31 | -147.46% |
| 2006-12-31 | -155.62% |
| 2006-06-30 | -133.14% |
| 2006-03-31 | -301.04% |
| 2004-03-31 | -74.57% |
| 2003-12-31 | -466.90% |
| 2003-06-30 | -289.84% |
