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 9.20% is 63% below its 5-year average of 25.19%, near the low end of its 5-year range (9.20%–40.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.09% below its 12-month average of 10.71%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 9.20%.
RETURN ON INVESTED CAPITAL (ROIC)
9.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
16.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
25.19%
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
-14.09%
CURRENT VS 3Y AVG
-44.27%
CURRENT VS 5Y AVG
-63.47%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+125.82%
vs the sector median at left
InMode Ltd.
Market Cap
$804.16M
Return on Invested Capital (ROIC)
9.20%
TTM Avg
10.71%
3Y Avg
16.51%
5Y Avg
25.19%
Market Cap
$816.13M
Return on Invested Capital (ROIC)
-37.39%
TTM Avg
-65.53%
3Y Avg
-61.64%
5Y Avg
-93.68%
Market Cap
$817.67M
Return on Invested Capital (ROIC)
-7.99%
TTM Avg
-8.85%
3Y Avg
-21.37%
5Y Avg
-42.56%
Market Cap
$789.34M
Return on Invested Capital (ROIC)
-9.77%
TTM Avg
8.57%
3Y Avg
-11.39%
5Y Avg
-51.99%
Market Cap
$785.03M
Return on Invested Capital (ROIC)
-0.26%
TTM Avg
4.90%
3Y Avg
-0.53%
5Y Avg
1.15%
Market Cap
$828.48M
Return on Invested Capital (ROIC)
-26.54%
TTM Avg
-38.64%
3Y Avg
-38.64%
5Y Avg
-38.64%
Market Cap
$778.01M
Return on Invested Capital (ROIC)
6.30%
TTM Avg
-3.00%
3Y Avg
1.90%
5Y Avg
3.29%
Market Cap
$777.34M
Return on Invested Capital (ROIC)
-23.16%
TTM Avg
-53.28%
3Y Avg
-63.06%
5Y Avg
-59.41%
Market Cap
$831.79M
Return on Invested Capital (ROIC)
-23.80%
TTM Avg
-58.06%
3Y Avg
-39.20%
5Y Avg
-32.57%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| InMode Ltd. (INMD) | $804.16M | 9.20% | 10.71% | 16.51% | 25.19% |
| Jade Biosciences, Inc. (JBIO)vs › | $816.13M | -37.39% | -65.53% | -61.64% | -93.68% |
| Ardelyx, Inc. (ARDX)vs › | $817.67M | -7.99% | -8.85% | -21.37% | -42.56% |
| Gyre Therapeutics, Inc. (GYRE)vs › | $789.34M | -9.77% | 8.57% | -11.39% | -51.99% |
| AdaptHealth Corp. (AHCO)vs › | $785.03M | -0.26% | 4.90% | -0.53% | 1.15% |
| SpyGlass Pharma, Inc. Common Stock (SGP)vs › | $828.48M | -26.54% | -38.64% | -38.64% | -38.64% |
| Varex Imaging Corporation (VREX)vs › | $778.01M | 6.30% | -3.00% | 1.90% | 3.29% |
| Lexicon Pharmaceuticals, Inc. (LXRX)vs › | $777.34M | -23.16% | -53.28% | -63.06% | -59.41% |
| Pacific Biosciences of California, Inc. (PACB)vs › | $831.79M | -23.80% | -58.06% | -39.20% | -32.57% |
| Geron Corporation (GERN)vs › | $776.24M | -8.34% | -22.82% | -51.67% | -50.32% |
ROIC
9.2%
ROE
12.3%
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 | 9.20% |
| 2026-03-31 | 10.11% |
| 2025-12-31 | 10.44% |
| 2025-09-30 | 13.10% |
| 2024-06-30 | 15.94% |
| 2024-03-31 | 19.01% |
| 2023-12-31 | 22.30% |
| 2023-09-30 | 22.82% |
| 2023-06-30 | 25.69% |
| 2023-03-31 | 27.17% |
| 2022-12-31 | 28.21% |
| 2022-09-30 | 33.91% |
| 2022-06-30 | 37.16% |
| 2022-03-31 | 40.63% |
| 2021-12-31 | 38.57% |
| 2021-09-30 | 37.29% |
| 2021-06-30 | 36.72% |
| 2021-03-31 | 30.80% |
| 2020-12-31 | 27.44% |
| 2020-09-30 | 23.14% |
| 2020-06-30 | 22.54% |
| 2020-03-31 | 27.38% |
| 2019-12-31 | 31.62% |
| 2019-09-30 | 24.82% |
| 2019-06-30 | 42.37% |
| 2019-03-31 | 40.75% |
| 2018-12-31 | 43.07% |
| 2018-09-30 | 49.35% |
| 2018-06-30 | 46.36% |
| 2017-12-31 | 38.55% |
