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 -7.62% is 227% below its 5-year average of -2.33%, near the high end of its 5-year range (-68.95%–1.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 138.00% below its 12-month average of -3.20%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
-7.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-3.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-2.33%
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
-138.00%
CURRENT VS 3Y AVG
-128.15%
CURRENT VS 5Y AVG
-226.56%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-193.26%
vs the sector median at left
IREN Limited
Market Cap
$13.14B
Return on Invested Capital (ROIC)
-7.62%
TTM Avg
-3.20%
3Y Avg
-3.34%
5Y Avg
-2.33%
Market Cap
$13.31B
Return on Invested Capital (ROIC)
20.64%
TTM Avg
17.70%
3Y Avg
14.37%
5Y Avg
11.89%
Market Cap
$12.86B
Return on Invested Capital (ROIC)
5.70%
TTM Avg
-0.53%
3Y Avg
-4.07%
5Y Avg
-3.84%
Market Cap
$12.75B
Return on Invested Capital (ROIC)
3.42%
TTM Avg
5.19%
3Y Avg
6.67%
5Y Avg
7.82%
Market Cap
$12.72B
Return on Invested Capital (ROIC)
23.78%
TTM Avg
20.59%
3Y Avg
21.97%
5Y Avg
19.23%
Market Cap
$12.61B
Return on Invested Capital (ROIC)
90.92%
TTM Avg
58.33%
3Y Avg
55.49%
5Y Avg
48.77%
Market Cap
$13.73B
Return on Invested Capital (ROIC)
13.93%
TTM Avg
17.05%
3Y Avg
18.54%
5Y Avg
18.52%
Market Cap
$13.74B
Return on Invested Capital (ROIC)
9.25%
TTM Avg
5.47%
3Y Avg
5.23%
5Y Avg
6.08%
Market Cap
$13.75B
Return on Invested Capital (ROIC)
2.70%
TTM Avg
0.52%
3Y Avg
-5.02%
5Y Avg
-10.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IREN Limited (IREN) | $13.14B | -7.62% | -3.20% | -3.34% | -2.33% |
| GoDaddy Inc. (GDDY)vs › | $13.31B | 20.64% | 17.70% | 14.37% | 11.89% |
| HubSpot, Inc. (HUBS)vs › | $12.86B | 5.70% | -0.53% | -4.07% | -3.84% |
| Onto Innovation Inc. (ONTO)vs › | $12.75B | 3.42% | 5.19% | 6.67% | 7.82% |
| Gartner, Inc. (IT)vs › | $12.72B | 23.78% | 20.59% | 21.97% | 19.23% |
| Manhattan Associates, Inc. (MANH)vs › | $12.61B | 90.92% | 58.33% | 55.49% | 48.77% |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.73B | 13.93% | 17.05% | 18.54% | 18.52% |
| Trimble Inc. (TRMB)vs › | $13.74B | 9.25% | 5.47% | 5.23% | 6.08% |
| Grab Holdings Limited (GRAB)vs › | $13.75B | 2.70% | 0.52% | -5.02% | -10.45% |
| DocuSign, Inc. (DOCU)vs › | $12.34B | 13.44% | 10.65% | 4.36% | -0.27% |
ROIC
-7.6%
ROE
-16.8%
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 | -7.62% |
| 2026-03-31 | -6.19% |
| 2025-12-31 | -2.26% |
| 2025-09-30 | -0.24% |
| 2025-06-30 | 0.30% |
| 2025-03-31 | -1.37% |
| 2024-12-31 | -2.84% |
| 2024-09-30 | -5.81% |
| 2024-06-30 | -2.39% |
| 2024-03-31 | -1.94% |
| 2023-12-31 | -6.37% |
| 2023-06-30 | -68.95% |
| 2023-03-31 | -68.88% |
| 2022-12-31 | -53.91% |
| 2022-06-30 | -0.38% |
| 2022-03-31 | 1.19% |
| 2021-12-31 | 1.34% |
| 2021-06-30 | -0.41% |
| 2020-12-31 | -6.22% |
