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 1.38% is 127% above its 5-year average of -5.17%, near the high end of its 5-year range (-31.46%–2.44%).
As of the fiscal period ended Friday, July 31, 2026. 188.67% above its 12-month average of -1.56%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-07-31): 1.38%.
RETURN ON INVESTED CAPITAL (ROIC)
1.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-5.17%
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
+188.67%
CURRENT VS 3Y AVG
+142.89%
CURRENT VS 5Y AVG
+126.80%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.66%
median of 825 covered companies
CURRENT VS SECTOR MEDIAN
+103.88%
vs the sector median at left
High Tide Inc.
Market Cap
$237.69M
Return on Invested Capital (ROIC)
1.38%
TTM Avg
-1.56%
3Y Avg
-3.23%
5Y Avg
-5.17%
Market Cap
$237.38M
Return on Invested Capital (ROIC)
-28.14%
TTM Avg
-28.34%
3Y Avg
-154.06%
5Y Avg
-154.06%
Market Cap
$238.51M
Return on Invested Capital (ROIC)
-59.90%
TTM Avg
-142.39%
3Y Avg
-118.24%
5Y Avg
-103.50%
Market Cap
$238.71M
Return on Invested Capital (ROIC)
19.43%
TTM Avg
-27.12%
3Y Avg
-53.95%
5Y Avg
-48.02%
Market Cap
$236.39M
Return on Invested Capital (ROIC)
-7.08%
TTM Avg
-12.89%
3Y Avg
-21.42%
5Y Avg
-39.95%
Market Cap
$235.79M
Return on Invested Capital (ROIC)
6.83%
TTM Avg
8.52%
3Y Avg
10.27%
5Y Avg
10.68%
Market Cap
$235.67M
Return on Invested Capital (ROIC)
-25.38%
TTM Avg
-99.58%
3Y Avg
-69.59%
5Y Avg
-61.10%
Market Cap
$234.62M
Return on Invested Capital (ROIC)
-6.63%
TTM Avg
16.95%
3Y Avg
21.30%
5Y Avg
28.21%
Market Cap
$241.04M
Return on Invested Capital (ROIC)
-1718.59%
TTM Avg
-749.70%
3Y Avg
-566.74%
5Y Avg
-409.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| High Tide Inc. (HITI) | $237.69M | 1.38% | -1.56% | -3.23% | -5.17% |
| BioAge Labs Inc. (BIOA)vs › | $237.38M | -28.14% | -28.34% | -154.06% | -154.06% |
| Invivyd, Inc. (IVVD)vs › | $238.51M | -59.90% | -142.39% | -118.24% | -103.50% |
| Q32 Bio Inc. (QTTB)vs › | $238.71M | 19.43% | -27.12% | -53.95% | -48.02% |
| Akebia Therapeutics, Inc. (AKBA)vs › | $236.39M | -7.08% | -12.89% | -21.42% | -39.95% |
| Utah Medical Products, Inc. (UTMD)vs › | $235.79M | 6.83% | 8.52% | 10.27% | 10.68% |
| InflaRx N.V. (IFRX)vs › | $235.67M | -25.38% | -99.58% | -69.59% | -61.10% |
| SIGA Technologies, Inc. (SIGA)vs › | $234.62M | -6.63% | 16.95% | 21.30% | 28.21% |
| Galectin Therapeutics Inc. (GALT)vs › | $241.04M | -1718.59% | -749.70% | -566.74% | -409.31% |
| CAMP4 Therapeutics Corporation (CAMP)vs › | $242.23M | -69.76% | -64.00% | -45.05% | -31.07% |
ROIC
1.4%
ROE
-31.6%
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) |
|---|---|
| 2026-07-31 | 1.38% |
| 2026-04-30 | -1.02% |
| 2026-01-31 | -3.68% |
| 2025-10-31 | -5.39% |
| 2025-07-31 | 0.90% |
| 2025-04-30 | 0.64% |
| 2025-01-31 | 1.20% |
| 2024-10-31 | 2.44% |
| 2023-07-31 | -25.52% |
| 2023-04-30 | -27.71% |
| 2023-01-31 | -29.78% |
| 2022-10-31 | -31.46% |
| 2022-07-31 | -8.72% |
| 2022-04-30 | -10.10% |
| 2022-01-31 | -9.19% |
| 2021-10-31 | -8.77% |
| 2021-07-31 | -6.49% |
| 2021-04-30 | -2.71% |
| 2021-01-31 | 0.14% |
| 2020-10-31 | 0.35% |
| 2020-07-31 | -11.82% |
| 2020-04-30 | -24.18% |
| 2020-01-31 | -30.32% |
| 2019-10-31 | -57.90% |
| 2019-07-31 | -33.60% |
| 2019-04-30 | -30.60% |
| 2019-01-31 | -26.02% |
| 2018-10-31 | -17.11% |
| 2018-07-31 | -6.59% |
