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 6.95% is 73% above its 5-year average of 4.01%, near the high end of its 5-year range (-2.38%–8.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.76% below its 12-month average of 7.37%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.95%.
RETURN ON INVESTED CAPITAL (ROIC)
6.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-5.76%
CURRENT VS 3Y AVG
+19.16%
CURRENT VS 5Y AVG
+73.43%
CURRENT VS 10Y AVG
+27.88%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-33.91%
median of 678 covered companies
CURRENT VS SECTOR MEDIAN
+120.49%
vs the sector median at left
Kamada Ltd.
Market Cap
$467.90M
Return on Invested Capital (ROIC)
6.95%
TTM Avg
7.37%
3Y Avg
5.83%
5Y Avg
4.01%
Market Cap
$473.92M
Return on Invested Capital (ROIC)
-27.22%
TTM Avg
-25.30%
3Y Avg
-27.88%
5Y Avg
-30.72%
Market Cap
$458.62M
Return on Invested Capital (ROIC)
8.75%
TTM Avg
20.32%
3Y Avg
26.86%
5Y Avg
29.17%
Market Cap
$476.61M
Return on Invested Capital (ROIC)
-1.08%
TTM Avg
-7.18%
3Y Avg
-14.01%
5Y Avg
-19.76%
Market Cap
$479.52M
Return on Invested Capital (ROIC)
-13.15%
TTM Avg
-33.80%
3Y Avg
-80.16%
5Y Avg
-71.70%
Market Cap
$454.24M
Return on Invested Capital (ROIC)
-100.87%
TTM Avg
-63.16%
3Y Avg
-52.79%
5Y Avg
-48.48%
Market Cap
$480.04M
Return on Invested Capital (ROIC)
-2.19%
TTM Avg
-24.50%
3Y Avg
-28.59%
5Y Avg
-24.45%
Market Cap
$453.22M
Return on Invested Capital (ROIC)
-26.29%
TTM Avg
-52.77%
3Y Avg
-46.93%
5Y Avg
-45.09%
Market Cap
$489.14M
Return on Invested Capital (ROIC)
18.26%
TTM Avg
19.81%
3Y Avg
16.87%
5Y Avg
7.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kamada Ltd. (KMDA) | $467.90M | 6.95% | 7.37% | 5.83% | 4.01% |
| Contineum Therapeutics, Inc. (CTNM)vs › | $473.92M | -27.22% | -25.30% | -27.88% | -30.72% |
| NRC Health (NRC)vs › | $458.62M | 8.75% | 20.32% | 26.86% | 29.17% |
| Cerus Corporation (CERS)vs › | $476.61M | -1.08% | -7.18% | -14.01% | -19.76% |
| Bright Minds Biosciences Inc. (DRUG)vs › | $479.52M | -13.15% | -33.80% | -80.16% | -71.70% |
| DiaMedica Therapeutics Inc. (DMAC)vs › | $454.24M | -100.87% | -63.16% | -52.79% | -48.48% |
| Arvinas, Inc. (ARVN)vs › | $480.04M | -2.19% | -24.50% | -28.59% | -24.45% |
| Ovid Therapeutics Inc. (OVID)vs › | $453.22M | -26.29% | -52.77% | -46.93% | -45.09% |
| Puma Biotechnology, Inc. (PBYI)vs › | $489.14M | 18.26% | 19.81% | 16.87% | 7.92% |
| NeuroPace, Inc. (NPCE)vs › | $444.58M | -18.95% | -22.72% | -28.68% | -26.80% |
ROIC
6.9%
ROE
8.3%
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 | 6.95% |
| 2026-03-31 | 7.19% |
| 2025-12-31 | 6.77% |
| 2025-09-30 | 8.13% |
| 2025-06-30 | 7.83% |
| 2025-03-31 | 6.87% |
| 2024-12-31 | 6.21% |
| 2024-09-30 | 5.53% |
| 2024-06-30 | 5.36% |
| 2024-03-31 | 4.44% |
| 2023-12-31 | 3.24% |
| 2023-09-30 | 3.66% |
| 2023-06-30 | 3.63% |
| 2023-03-31 | 1.82% |
| 2022-12-31 | 1.80% |
| 2022-09-30 | -1.09% |
| 2022-06-30 | -2.38% |
| 2022-03-31 | -1.06% |
| 2021-12-31 | -0.26% |
| 2021-09-30 | 2.60% |
| 2021-06-30 | 6.91% |
| 2021-03-31 | 8.30% |
| 2020-12-31 | 9.55% |
| 2020-09-30 | 11.33% |
| 2020-06-30 | 10.72% |
| 2020-03-31 | 12.49% |
| 2019-12-31 | 15.59% |
| 2019-09-30 | 23.78% |
| 2019-06-30 | 18.63% |
| 2019-03-31 | 18.60% |
| 2018-12-31 | 16.75% |
| 2018-09-30 | 10.46% |
| 2018-06-30 | 12.45% |
| 2018-03-31 | 13.02% |
| 2017-12-31 | 7.68% |
| 2017-09-30 | -1.01% |
| 2017-06-30 | -2.16% |
| 2017-03-31 | -10.50% |
| 2016-12-31 | -7.52% |
| 2016-09-30 | -3.67% |
| 2016-06-30 | -7.50% |
| 2016-03-31 | -9.63% |
| 2015-12-31 | -14.44% |
| 2015-09-30 | -11.67% |
| 2015-06-30 | -9.38% |
| 2015-03-31 | -15.34% |
| 2014-12-31 | -11.33% |
| 2014-09-30 | -10.39% |
| 2014-06-30 | -6.88% |
| 2014-03-31 | 2.04% |
| 2013-12-31 | 3.04% |
| 2013-09-30 | 4.12% |
| 2013-06-30 | 3.44% |
| 2013-03-31 | 4.13% |
