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 1.99% is 76% below its 5-year average of 8.21%, near the low end of its 5-year range (1.60%–14.18%).
As of the fiscal period ended Friday, July 31, 2026. 45.78% below its 12-month average of 3.67%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-31): 1.99%.
RETURN ON INVESTED CAPITAL (ROIC)
1.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
0.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-2.28%
CURRENT VS TTM AVG
-45.78%
CURRENT VS 3Y AVG
-65.98%
CURRENT VS 5Y AVG
-75.75%
CURRENT VS 10Y AVG
-43.22%
CURRENT VS 15Y AVG
+172.61%
CURRENT VS 20Y AVG
+187.14%
SECTOR MEDIAN · TECHNOLOGY
3.03%
median of 425 covered companies
CURRENT VS SECTOR MEDIAN
-34.32%
vs the sector median at left
Immersion Corporation
Market Cap
$241.31M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
3.67%
3Y Avg
5.85%
5Y Avg
8.21%
Market Cap
$242.36M
Return on Invested Capital (ROIC)
-17.28%
TTM Avg
-14.37%
3Y Avg
-64.14%
5Y Avg
-64.75%
Market Cap
$235.02M
Return on Invested Capital (ROIC)
11.75%
TTM Avg
12.32%
3Y Avg
4.30%
5Y Avg
8.87%
Market Cap
$234.41M
Return on Invested Capital (ROIC)
-181.50%
TTM Avg
-41.73%
3Y Avg
-22.59%
5Y Avg
-14.19%
Market Cap
$250.83M
Return on Invested Capital (ROIC)
-542.34%
TTM Avg
-84.44%
3Y Avg
-20.22%
5Y Avg
-0.27%
Market Cap
$227.86M
Return on Invested Capital (ROIC)
-0.65%
TTM Avg
-3.96%
3Y Avg
-3.85%
5Y Avg
-4.79%
Market Cap
$227.59M
Return on Invested Capital (ROIC)
-7.85%
TTM Avg
-6.75%
3Y Avg
-11.98%
5Y Avg
-8.39%
Market Cap
$255.91M
Return on Invested Capital (ROIC)
-0.32%
TTM Avg
2.04%
3Y Avg
6.50%
5Y Avg
7.38%
Market Cap
$218.72M
Return on Invested Capital (ROIC)
-20.95%
TTM Avg
-24.80%
3Y Avg
-33.64%
5Y Avg
-31.71%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Immersion Corporation (IMMR) | $241.31M | 1.99% | 3.67% | 5.85% | 8.21% |
| Aeluma, Inc. (ALMU)vs › | $242.36M | -17.28% | -14.37% | -64.14% | -64.75% |
| Alliance Entertainment Holding Corp. (AENT)vs › | $235.02M | 11.75% | 12.32% | 4.30% | 8.87% |
| GoPro, Inc. (GPRO)vs › | $234.41M | -181.50% | -41.73% | -22.59% | -14.19% |
| Bgin Blockchain Limited (BGIN)vs › | $250.83M | -542.34% | -84.44% | -20.22% | -0.27% |
| Asure Software, Inc. (ASUR)vs › | $227.86M | -0.65% | -3.96% | -3.85% | -4.79% |
| Expensify, Inc. (EXFY)vs › | $227.59M | -7.85% | -6.75% | -11.98% | -8.39% |
| Conduent Incorporated (CNDT)vs › | $255.91M | -0.32% | 2.04% | 6.50% | 7.38% |
| GSI Technology, Inc. (GSIT)vs › | $218.72M | -20.95% | -24.80% | -33.64% | -31.71% |
| Commerce.com, Inc. (CMRC)vs › | $266.51M | 1.10% | -12.22% | -19.84% | -18.59% |
ROIC
2.0%
ROE
3.5%
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) |
|---|---|
| 2026-07-31 | 1.99% |
| 2026-04-30 | 1.60% |
| 2026-01-31 | 2.80% |
| 2025-10-31 | 4.50% |
| 2025-07-31 | 7.46% |
| 2024-06-30 | 5.64% |
| 2024-03-31 | 11.18% |
| 2023-12-31 | 7.23% |
| 2023-09-30 | 10.26% |
| 2023-06-30 | 12.70% |
| 2023-03-31 | 13.56% |
| 2022-12-31 | 14.18% |
| 2022-09-30 | 10.98% |
| 2022-06-30 | 7.16% |
| 2022-03-31 | 8.81% |
| 2021-12-31 | 8.03% |
| 2021-09-30 | 11.43% |
| 2021-06-30 | 12.20% |
| 2021-03-31 | 7.28% |
| 2020-12-31 | 2.54% |
| 2020-09-30 | -3.22% |
| 2020-06-30 | -8.40% |
| 2020-03-31 | -15.14% |
| 2019-12-31 | -18.98% |
| 2019-09-30 | -22.28% |
| 2019-06-30 | -25.53% |
| 2019-03-31 | -23.06% |
| 2018-12-31 | 40.35% |
| 2018-09-30 | 33.05% |
| 2018-06-30 | 32.16% |
| 2018-03-31 | 26.20% |
| 2017-12-31 | -138.17% |
| 2017-09-30 | -100.66% |
| 2017-06-30 | -58.54% |
| 2017-03-31 | -36.77% |
| 2016-12-31 | -18.45% |
| 2016-09-30 | -2.30% |
| 2016-06-30 | -13.47% |
| 2016-03-31 | 0.20% |
| 2015-12-31 | 3.36% |
| 2015-09-30 | 2.95% |
| 2015-06-30 | 3.92% |
| 2015-03-31 | 2.31% |
| 2014-12-31 | 4.58% |
| 2014-09-30 | 4.53% |
| 2014-06-30 | 3.37% |
| 2014-03-31 | 3.76% |
| 2013-12-31 | 2.24% |
| 2013-09-30 | 3.64% |
| 2013-06-30 | -1.48% |
| 2013-03-31 | -6.20% |
| 2012-12-31 | -9.16% |
| 2012-09-30 | -8.36% |
| 2012-06-30 | -4.50% |
| 2012-03-31 | -2.42% |
| 2011-12-31 | -0.04% |
| 2011-09-30 | -3.11% |
| 2011-06-30 | -2.94% |
| 2011-03-31 | -0.73% |
| 2010-12-31 | -6.79% |
| 2010-09-30 | -11.17% |
| 2010-06-30 | -22.06% |
| 2010-03-31 | -34.83% |
| 2009-12-31 | -40.39% |
| 2009-09-30 | -44.07% |
| 2009-06-30 | -62.10% |
| 2009-03-31 | -54.60% |
| 2008-12-31 | -49.54% |
| 2008-09-30 | -36.35% |
| 2008-06-30 | -9.44% |
| 2008-03-31 | -3.64% |
| 2007-12-31 | 67.40% |
| 2007-09-30 | 74.54% |
| 2007-06-30 | 75.73% |
| 2007-03-31 | 78.71% |
| 2006-12-31 | -20.97% |
| 2006-09-30 | -24.94% |
| 2006-06-30 | -27.32% |
| 2006-03-31 | -28.50% |
| 2005-12-31 | -32.12% |
| 2005-09-30 | -33.17% |
| 2005-06-30 | -40.76% |
| 2005-03-31 | -50.04% |
| 2004-12-31 | -65.17% |
| 2004-09-30 | -115.11% |
| 2004-06-30 | -72.04% |
| 2004-03-31 | -65.96% |
| 2003-12-31 | -49.31% |
| 2003-09-30 | -58.86% |
| 2003-06-30 | -162.41% |
