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 20.35% is in line with its 1-year average of 19.38%, near the high end of its 1-year range (18.64%–20.35%).
As of the fiscal period ended Tuesday, June 30, 2026.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 20.35%.
RETURN ON INVESTED CAPITAL (ROIC)
20.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
5.50%
median of 119 covered companies
CURRENT VS SECTOR MEDIAN
+270.01%
vs the sector median at left
Mako Mining Corp Common Stock
Market Cap
$800.68M
Return on Invested Capital (ROIC)
20.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$829.55M
Return on Invested Capital (ROIC)
-11.22%
TTM Avg
-8.10%
3Y Avg
7.07%
5Y Avg
2.42%
Market Cap
$873.32M
Return on Invested Capital (ROIC)
9.67%
TTM Avg
8.32%
3Y Avg
10.82%
5Y Avg
10.14%
Market Cap
$885.19M
Return on Invested Capital (ROIC)
-22.76%
TTM Avg
-45.10%
3Y Avg
-51.52%
5Y Avg
-62.49%
Market Cap
$952.27M
Return on Invested Capital (ROIC)
12.29%
TTM Avg
6.91%
3Y Avg
4.54%
5Y Avg
1.50%
Market Cap
$616.02M
Return on Invested Capital (ROIC)
12.30%
TTM Avg
17.47%
3Y Avg
13.60%
5Y Avg
12.23%
Market Cap
$596.72M
Return on Invested Capital (ROIC)
4.92%
TTM Avg
6.59%
3Y Avg
10.26%
5Y Avg
10.25%
Market Cap
$1.01B
Return on Invested Capital (ROIC)
9.47%
TTM Avg
7.53%
3Y Avg
6.58%
5Y Avg
3.85%
Market Cap
$570.48M
Return on Invested Capital (ROIC)
-1.95%
TTM Avg
-2.53%
3Y Avg
-91.46%
5Y Avg
-179.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mako Mining Corp Common Stock (MAKO) | $800.68M | 20.35% | N/A | N/A | N/A |
| Ferroglobe PLC (GSM)vs › | $829.55M | -11.22% | -8.10% | 7.07% | 2.42% |
| Apogee Enterprises, Inc. (APOG)vs › | $873.32M | 9.67% | 8.32% | 10.82% | 10.14% |
| Lightwave Logic, Inc. (LWLG)vs › | $885.19M | -22.76% | -45.10% | -51.52% | -62.49% |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $952.27M | 12.29% | 6.91% | 4.54% | 1.50% |
| Limbach Holdings, Inc. (LMB)vs › | $616.02M | 12.30% | 17.47% | 13.60% | 12.23% |
| Janus International Group, Inc. (JBI)vs › | $596.72M | 4.92% | 6.59% | 10.26% | 10.25% |
| NWPX Infrastructure, Inc. (NWPX)vs › | $1.01B | 9.47% | 7.53% | 6.58% | 3.85% |
| Lithium Americas Corp. (LAC)vs › | $570.48M | -1.95% | -2.53% | -91.46% | -179.31% |
| REalloys Inc. (ALOY)vs › | $562.91M | -61.73% | -60.48% | -91.49% | -78.11% |
ROIC
20.4%
ROE
27.4%
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 | 20.35% |
| 2026-03-31 | 19.80% |
| 2025-12-31 | 18.64% |
| 2025-09-30 | 18.72% |
