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 3.03% is 144% above its 5-year average of -6.94%, near the high end of its 5-year range (-19.59%–3.03%).
As of the fiscal period ended Tuesday, June 30, 2026. 156.23% above its 12-month average of 1.18%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.03%.
RETURN ON INVESTED CAPITAL (ROIC)
3.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-6.94%
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
+156.23%
CURRENT VS 3Y AVG
+187.51%
CURRENT VS 5Y AVG
+143.73%
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
+108.51%
vs the sector median at left
LifeStance Health Group, Inc.
Market Cap
$4.70B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
1.18%
3Y Avg
-3.47%
5Y Avg
-6.94%
Market Cap
$4.73B
Return on Invested Capital (ROIC)
-23.81%
TTM Avg
-42.00%
3Y Avg
-57.33%
5Y Avg
-55.42%
Market Cap
$4.64B
Return on Invested Capital (ROIC)
9.68%
TTM Avg
9.25%
3Y Avg
8.40%
5Y Avg
7.66%
Market Cap
$4.78B
Return on Invested Capital (ROIC)
-18.48%
TTM Avg
-32.11%
3Y Avg
-33.07%
5Y Avg
-32.00%
Market Cap
$4.60B
Return on Invested Capital (ROIC)
6.39%
TTM Avg
-7.12%
3Y Avg
-17.71%
5Y Avg
-17.71%
Market Cap
$4.83B
Return on Invested Capital (ROIC)
-13.09%
TTM Avg
-9.79%
3Y Avg
-21.15%
5Y Avg
-33.38%
Market Cap
$4.84B
Return on Invested Capital (ROIC)
-13.88%
TTM Avg
-24.38%
3Y Avg
-22.93%
5Y Avg
-25.00%
Market Cap
$4.48B
Return on Invested Capital (ROIC)
N/A
TTM Avg
37.59%
3Y Avg
8.11%
5Y Avg
6.10%
Market Cap
$4.96B
Return on Invested Capital (ROIC)
-38.03%
TTM Avg
-36.93%
3Y Avg
-41.32%
5Y Avg
-48.18%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LifeStance Health Group, Inc. (LFST) | $4.70B | 3.03% | 1.18% | -3.47% | -6.94% |
| Definium Therapeutics, Inc. (DFTX)vs › | $4.73B | -23.81% | -42.00% | -57.33% | -55.42% |
| Option Care Health, Inc. (OPCH)vs › | $4.64B | 9.68% | 9.25% | 8.40% | 7.66% |
| Dianthus Therapeutics, Inc. (DNTH)vs › | $4.78B | -18.48% | -32.11% | -33.07% | -32.00% |
| BillionToOne, Inc. (BLLN)vs › | $4.60B | 6.39% | -7.12% | -17.71% | -17.71% |
| Mirum Pharmaceuticals, Inc. (MIRM)vs › | $4.83B | -13.09% | -9.79% | -21.15% | -33.38% |
| Oruka Therapeutics, Inc. (ORKA)vs › | $4.84B | -13.88% | -24.38% | -22.93% | -25.00% |
| Indivior Pharmaceuticals Inc (INDV)vs › | $4.48B | N/A | 37.59% | 8.11% | 6.10% |
| Erasca, Inc. (ERAS)vs › | $4.96B | -38.03% | -36.93% | -41.32% | -48.18% |
| Heartflow, Inc. Common Stock (HTFL)vs › | $4.37B | -23.69% | -46.07% | -46.68% | -46.68% |
ROIC
3.0%
ROE
3.4%
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 | 3.03% |
| 2026-03-31 | 1.58% |
| 2025-12-31 | 0.94% |
| 2025-09-30 | 0.37% |
| 2025-06-30 | -0.01% |
| 2025-03-31 | -0.70% |
| 2024-12-31 | -1.67% |
| 2024-09-30 | -3.44% |
| 2024-06-30 | -7.35% |
| 2024-03-31 | -9.03% |
| 2023-12-31 | -9.90% |
| 2023-09-30 | -10.47% |
| 2023-06-30 | -8.41% |
| 2023-03-31 | -9.07% |
| 2022-12-31 | -10.51% |
| 2022-09-30 | -14.88% |
| 2022-06-30 | -19.59% |
| 2022-03-31 | -19.11% |
| 2021-12-31 | -15.81% |
| 2021-09-30 | -9.32% |
| 2021-06-30 | -2.29% |
| 2021-03-31 | 0.39% |
| 2020-12-31 | 0.83% |
