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 -5.83% is in line with its 5-year average of -6.06%, around the middle of its 5-year range (-10.73%–3.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.88% below its 12-month average of -4.90%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -5.83%.
RETURN ON INVESTED CAPITAL (ROIC)
-5.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-6.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-6.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-2.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-18.88%
CURRENT VS 3Y AVG
+15.99%
CURRENT VS 5Y AVG
+3.79%
CURRENT VS 10Y AVG
-131.64%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.96%
median of 394 covered companies
CURRENT VS SECTOR MEDIAN
-247.24%
vs the sector median at left
Kornit Digital Ltd.
Market Cap
$852.63M
Return on Invested Capital (ROIC)
-5.83%
TTM Avg
-4.90%
3Y Avg
-6.94%
5Y Avg
-6.06%
Market Cap
$866.46M
Return on Invested Capital (ROIC)
3.84%
TTM Avg
4.99%
3Y Avg
4.79%
5Y Avg
4.79%
Market Cap
$830.11M
Return on Invested Capital (ROIC)
-18.21%
TTM Avg
-34.90%
3Y Avg
-36.24%
5Y Avg
-74.14%
Market Cap
$816.22M
Return on Invested Capital (ROIC)
19.58%
TTM Avg
5.79%
3Y Avg
3.14%
5Y Avg
-8.70%
Market Cap
$885.71M
Return on Invested Capital (ROIC)
-4.63%
TTM Avg
-3.98%
3Y Avg
-0.88%
5Y Avg
2.28%
Market Cap
$891.47M
Return on Invested Capital (ROIC)
-5.49%
TTM Avg
-11.33%
3Y Avg
-6.99%
5Y Avg
-5.90%
Market Cap
$902.56M
Return on Invested Capital (ROIC)
-8.35%
TTM Avg
-26.08%
3Y Avg
-48.01%
5Y Avg
-48.01%
Market Cap
$797.63M
Return on Invested Capital (ROIC)
-18.22%
TTM Avg
-19.70%
3Y Avg
-15.19%
5Y Avg
-13.63%
Market Cap
$909.78M
Return on Invested Capital (ROIC)
13.34%
TTM Avg
17.96%
3Y Avg
23.36%
5Y Avg
22.18%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kornit Digital Ltd. (KRNT) | $852.63M | -5.83% | -4.90% | -6.94% | -6.06% |
| Aebi Schmidt Holding AG (AEBI)vs › | $866.46M | 3.84% | 4.99% | 4.79% | 4.79% |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $830.11M | -18.21% | -34.90% | -36.24% | -74.14% |
| Paysign, Inc. (PAYS)vs › | $816.22M | 19.58% | 5.79% | 3.14% | -8.70% |
| Heartland Express, Inc. (HTLD)vs › | $885.71M | -4.63% | -3.98% | -0.88% | 2.28% |
| Cryoport, Inc. (CYRX)vs › | $891.47M | -5.49% | -11.33% | -6.99% | -5.90% |
| Nano Nuclear Energy Inc. (NNE)vs › | $902.56M | -8.35% | -26.08% | -48.01% | -48.01% |
| PureCycle Technologies, Inc. (PCT)vs › | $797.63M | -18.22% | -19.70% | -15.19% | -13.63% |
| Kforce Inc. (KFRC)vs › | $909.78M | 13.34% | 17.96% | 23.36% | 22.18% |
| LSI Industries Inc. (LYTS)vs › | $772.06M | N/A | 6.36% | 8.84% | 7.52% |
ROIC
-5.8%
ROE
-3.0%
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 | -5.83% |
| 2026-03-31 | -5.16% |
| 2025-12-31 | -4.75% |
| 2025-09-30 | -4.45% |
| 2025-06-30 | -4.34% |
| 2025-03-31 | -4.22% |
| 2024-12-31 | -5.02% |
| 2024-09-30 | -7.89% |
| 2024-06-30 | -8.91% |
| 2024-03-31 | -10.18% |
| 2023-12-31 | -10.73% |
| 2023-09-30 | -9.06% |
| 2023-06-30 | -9.69% |
| 2023-03-31 | -9.89% |
| 2022-12-31 | -7.83% |
| 2022-09-30 | -5.82% |
| 2022-06-30 | -3.02% |
| 2022-03-31 | 0.29% |
| 2021-12-31 | 1.35% |
| 2021-09-30 | 3.24% |
| 2021-06-30 | 3.15% |
| 2021-03-31 | 1.39% |
| 2020-12-31 | -1.25% |
| 2020-09-30 | -2.34% |
| 2020-06-30 | -3.85% |
| 2020-03-31 | -2.41% |
| 2019-12-31 | 0.74% |
| 2019-09-30 | 0.16% |
| 2019-06-30 | 0.68% |
| 2019-03-31 | 2.06% |
| 2018-12-31 | 3.09% |
| 2018-09-30 | 2.35% |
| 2018-06-30 | 0.52% |
| 2018-03-31 | -0.25% |
| 2017-12-31 | -1.36% |
| 2017-09-30 | -0.49% |
| 2017-06-30 | 0.05% |
| 2017-03-31 | 0.21% |
| 2016-12-31 | 0.73% |
| 2016-09-30 | 2.01% |
| 2016-06-30 | 3.54% |
| 2016-03-31 | 4.52% |
| 2015-12-31 | 4.91% |
| 2015-09-30 | 3.87% |
| 2015-06-30 | 5.37% |
| 2015-03-31 | 22.10% |
| 2014-12-31 | 14.20% |
| 2014-09-30 | 13.23% |
