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 2.25% is 82% below its 5-year average of 12.81%, near the low end of its 5-year range (1.83%–38.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 22.32% below its 12-month average of 2.90%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 2.25%.
RETURN ON INVESTED CAPITAL (ROIC)
2.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.81%
CURRENT VS TTM AVG
-22.32%
CURRENT VS 3Y AVG
-37.63%
CURRENT VS 5Y AVG
-82.43%
CURRENT VS 10Y AVG
-36.50%
CURRENT VS 15Y AVG
-53.54%
CURRENT VS 20Y AVG
-61.24%
SECTOR MEDIAN · TECHNOLOGY
7.81%
median of 213 covered companies
CURRENT VS SECTOR MEDIAN
-71.18%
vs the sector median at left
Himax Technologies, Inc.
Market Cap
$2.66B
Return on Invested Capital (ROIC)
2.25%
TTM Avg
2.90%
3Y Avg
3.61%
5Y Avg
12.81%
Market Cap
$2.63B
Return on Invested Capital (ROIC)
3.26%
TTM Avg
-0.49%
3Y Avg
-4.11%
5Y Avg
-3.86%
Market Cap
$2.57B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.88%
3Y Avg
-11.48%
5Y Avg
-9.39%
Market Cap
$2.54B
Return on Invested Capital (ROIC)
-30.39%
TTM Avg
-36.99%
3Y Avg
-196.28%
5Y Avg
-210.10%
Market Cap
$2.84B
Return on Invested Capital (ROIC)
12.30%
TTM Avg
17.50%
3Y Avg
13.20%
5Y Avg
11.42%
Market Cap
$3.01B
Return on Invested Capital (ROIC)
-9.32%
TTM Avg
-17.80%
3Y Avg
-18.59%
5Y Avg
-15.30%
Market Cap
$2.19B
Return on Invested Capital (ROIC)
-2.29%
TTM Avg
-2.83%
3Y Avg
0.50%
5Y Avg
2.30%
Market Cap
$3.12B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$2.19B
Return on Invested Capital (ROIC)
-19.86%
TTM Avg
-14.52%
3Y Avg
-35.29%
5Y Avg
-25.00%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Himax Technologies, Inc. (HIMX) | $2.66B | 2.25% | 2.90% | 3.61% | 12.81% |
| Five9, Inc. (FIVN)vs › | $2.63B | 3.26% | -0.49% | -4.11% | -3.86% |
| Bitdeer Technologies Group (BTDR)vs › | $2.57B | -8.92% | -10.88% | -11.48% | -9.39% |
| SoundHound AI, Inc. (SOUN)vs › | $2.54B | -30.39% | -36.99% | -196.28% | -210.10% |
| Teradata Corporation (TDC)vs › | $2.84B | 12.30% | 17.50% | 13.20% | 11.42% |
| Ambarella, Inc. (AMBA)vs › | $3.01B | -9.32% | -17.80% | -18.59% | -15.30% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.19B | -2.29% | -2.83% | 0.50% | 2.30% |
| Bel Fuse Inc. (BELFB)vs › | $3.12B | 9.24% | 8.32% | 11.76% | 9.86% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.19B | -19.86% | -14.52% | -35.29% | -25.00% |
| Bandwidth Inc. (BAND)vs › | $2.05B | 0.00% | -1.92% | -2.61% | -2.06% |
ROIC
2.3%
ROE
3.9%
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 | 2.25% |
| 2026-03-31 | 1.83% |
| 2025-12-31 | 2.41% |
| 2025-09-30 | 3.56% |
| 2025-06-30 | 4.44% |
| 2025-03-31 | 5.25% |
| 2024-12-31 | 4.73% |
| 2024-09-30 | 4.34% |
| 2024-06-30 | 4.89% |
| 2024-03-31 | 2.58% |
| 2023-12-31 | 3.10% |
| 2023-09-30 | 3.91% |
| 2023-06-30 | 3.63% |
| 2023-03-31 | 8.65% |
| 2022-12-31 | 15.86% |
| 2022-09-30 | 24.02% |
| 2022-06-30 | 38.22% |
| 2022-03-31 | 37.61% |
| 2021-12-31 | 37.46% |
| 2021-09-30 | 33.48% |
| 2021-06-30 | 26.87% |
| 2021-03-31 | 14.65% |
| 2020-12-31 | 6.89% |
| 2020-09-30 | 1.80% |
| 2020-06-30 | -0.40% |
| 2020-03-31 | -1.53% |
| 2019-12-31 | -2.78% |
| 2019-09-30 | -1.68% |
| 2019-06-30 | -0.26% |
| 2019-03-31 | 0.39% |
| 2018-12-31 | 0.46% |
| 2018-09-30 | 0.33% |
| 2018-06-30 | 0.72% |
| 2018-03-31 | 0.50% |
| 2017-12-31 | 1.16% |
| 2017-09-30 | 1.12% |
| 2017-06-30 | 3.24% |
| 2017-03-31 | 6.34% |
| 2016-12-31 | 7.93% |
| 2016-09-30 | 8.22% |
| 2016-06-30 | 5.54% |
| 2016-03-31 | 3.28% |
| 2015-12-31 | 3.18% |
| 2015-09-30 | 4.65% |
| 2015-06-30 | 7.35% |
| 2015-03-31 | 8.19% |
| 2014-12-31 | 8.95% |
| 2014-09-30 | 9.07% |
| 2014-06-30 | 9.94% |
| 2014-03-31 | 10.07% |
| 2013-12-31 | 9.83% |
| 2013-09-30 | 10.23% |
| 2013-06-30 | 11.27% |
| 2013-03-31 | 10.17% |
| 2012-12-31 | 9.90% |
| 2012-09-30 | 8.18% |
| 2012-06-30 | 6.33% |
| 2012-03-31 | 3.61% |
| 2011-12-31 | 1.94% |
| 2011-09-30 | 3.07% |
| 2011-06-30 | 3.21% |
| 2011-03-31 | 4.85% |
| 2010-12-31 | 6.18% |
| 2010-09-30 | 6.44% |
| 2010-06-30 | 9.22% |
| 2010-03-31 | 9.03% |
| 2009-12-31 | 8.30% |
| 2009-09-30 | 2.15% |
| 2009-06-30 | 3.10% |
| 2009-03-31 | 7.02% |
| 2008-12-31 | 12.70% |
| 2008-09-30 | 25.38% |
| 2008-06-30 | 27.38% |
| 2008-03-31 | 24.03% |
| 2007-12-31 | 22.24% |
| 2007-09-30 | 18.89% |
| 2007-06-30 | 14.44% |
| 2007-03-31 | 13.99% |
| 2006-12-31 | 17.94% |
| 2006-09-30 | -77.95% |
| 2006-06-30 | -44.72% |
| 2006-03-31 | -19.05% |
| 2005-12-31 | 35.08% |
