Basis: Latest reported fiscal year. 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 -32.18% is 72% above its 5-year average of -116.42%, near the high end of its 5-year range (-262.89%–-31.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 68.83% above its 12-month average of -103.25%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2026-06-30.
RETURN ON INVESTED CAPITAL (ROIC)
-32.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-103.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-133.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-116.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-1249.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-97.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-73.54%
CURRENT VS TTM AVG
+68.83%
CURRENT VS 3Y AVG
+75.88%
CURRENT VS 5Y AVG
+72.36%
CURRENT VS 10Y AVG
+97.42%
CURRENT VS 15Y AVG
+67.16%
CURRENT VS 20Y AVG
+56.24%
SECTOR MEDIAN · HEALTHCARE
-31.62%
median of 547 covered companies
CURRENT VS SECTOR MEDIAN
-1.77%
vs the sector median at left
Incannex Healthcare Limited
Market Cap
$38.82M
Return on Invested Capital (ROIC)
-32.18%
TTM Avg
-103.25%
3Y Avg
-133.41%
5Y Avg
-116.42%
Market Cap
$38.60M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
-3.38%
3Y Avg
-2.67%
5Y Avg
-1.50%
Market Cap
$37.81M
Return on Invested Capital (ROIC)
-166.02%
TTM Avg
-208.81%
3Y Avg
-185.70%
5Y Avg
-165.34%
Market Cap
$40.28M
Return on Invested Capital (ROIC)
-66.03%
TTM Avg
-39.70%
3Y Avg
-29.53%
5Y Avg
-27.72%
Market Cap
$36.70M
Return on Invested Capital (ROIC)
-89.44%
TTM Avg
-27.62%
3Y Avg
-11.28%
5Y Avg
-9.71%
Market Cap
$37.14M
Return on Invested Capital (ROIC)
-10.09%
TTM Avg
-4.30%
3Y Avg
-1.90%
5Y Avg
0.50%
Market Cap
$35.58M
Return on Invested Capital (ROIC)
-164.58%
TTM Avg
-155.30%
3Y Avg
-94.59%
5Y Avg
-73.98%
Market Cap
$36.32M
Return on Invested Capital (ROIC)
-171.36%
TTM Avg
-234.34%
3Y Avg
-204.54%
5Y Avg
-189.00%
Market Cap
$35.82M
Return on Invested Capital (ROIC)
-79.27%
TTM Avg
-43.87%
3Y Avg
-333.47%
5Y Avg
-212.56%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Incannex Healthcare Limited (IXHL) | $38.82M | -32.18% | -103.25% | -133.41% | -116.42% |
| Harvard Bioscience, Inc. (HBIO)vs › | $38.60M | 1.99% | -3.38% | -2.67% | -1.50% |
| Edesa Biotech, Inc. (EDSA)vs › | $37.81M | -166.02% | -208.81% | -185.70% | -165.34% |
| Metagenomi, Inc. Common Stock (MGX)vs › | $40.28M | -66.03% | -39.70% | -29.53% | -27.72% |
| DocGo Inc. (DCGO)vs › | $36.70M | -89.44% | -27.62% | -11.28% | -9.71% |
| Accuray Incorporated (ARAY)vs › | $37.14M | -10.09% | -4.30% | -1.90% | 0.50% |
| BriaCell Therapeutics Corp. (BCTX)vs › | $35.58M | -164.58% | -155.30% | -94.59% | -73.98% |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.32M | -171.36% | -234.34% | -204.54% | -189.00% |
| Elutia Inc (ELUT)vs › | $35.82M | -79.27% | -43.87% | -333.47% | -212.56% |
| CVRx, Inc. (CVRX)vs › | $42.19M | -59.93% | -52.27% | -45.27% | -36.51% |
ROIC
-32.2%
ROE
-28.6%
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) |
|---|---|
| 2026-06-30 | -32.18% |
| 2025-06-30 | -174.32% |
| 2024-06-30 | -262.89% |
| 2023-06-30 | -64.23% |
| 2022-06-30 | -31.53% |
| 2021-06-30 | -133.38% |
| 2020-06-30 | -130.27% |
| 2017-06-30 | -9164.77% |
| 2015-06-30 | -169.90% |
| 2014-06-30 | -88.94% |
| 2013-06-30 | -58.02% |
| 2012-06-30 | -14.83% |
| 2011-06-30 | -15.41% |
| 2010-06-30 | -12.09% |
| 2009-06-30 | -20.34% |
| 2008-06-30 | -13.86% |
| 2007-06-30 | -15.94% |
| 2006-06-30 | -12.13% |
