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 1.32% is 127% above its 5-year average of -4.90%, around the middle of its 5-year range (-32.14%–21.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 84.83% below its 12-month average of 8.67%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 1.32%.
RETURN ON INVESTED CAPITAL (ROIC)
1.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-4.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-52.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-59.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-69.23%
CURRENT VS TTM AVG
-84.83%
CURRENT VS 3Y AVG
-82.88%
CURRENT VS 5Y AVG
+126.87%
CURRENT VS 10Y AVG
+102.51%
CURRENT VS 15Y AVG
+102.21%
CURRENT VS 20Y AVG
+101.90%
SECTOR MEDIAN · HEALTHCARE
-33.50%
median of 663 covered companies
CURRENT VS SECTOR MEDIAN
+103.93%
vs the sector median at left
MannKind Corporation
Market Cap
$1.22B
Return on Invested Capital (ROIC)
1.32%
TTM Avg
8.67%
3Y Avg
7.68%
5Y Avg
-4.90%
Market Cap
$1.22B
Return on Invested Capital (ROIC)
-0.18%
TTM Avg
-25.12%
3Y Avg
-34.79%
5Y Avg
-34.79%
Market Cap
$1.21B
Return on Invested Capital (ROIC)
9.48%
TTM Avg
1.29%
3Y Avg
-3.62%
5Y Avg
0.10%
Market Cap
$1.23B
Return on Invested Capital (ROIC)
1.12%
TTM Avg
-4.20%
3Y Avg
-6.46%
5Y Avg
-10.06%
Market Cap
$1.26B
Return on Invested Capital (ROIC)
-40.32%
TTM Avg
-46.81%
3Y Avg
-44.75%
5Y Avg
-38.73%
Market Cap
$1.17B
Return on Invested Capital (ROIC)
-52.44%
TTM Avg
-96.82%
3Y Avg
-100.85%
5Y Avg
-77.97%
Market Cap
$1.17B
Return on Invested Capital (ROIC)
-12.53%
TTM Avg
-48.13%
3Y Avg
-43.32%
5Y Avg
-40.54%
Market Cap
$1.27B
Return on Invested Capital (ROIC)
-57.11%
TTM Avg
-57.11%
3Y Avg
-57.11%
5Y Avg
-57.11%
Market Cap
$1.15B
Return on Invested Capital (ROIC)
-67.73%
TTM Avg
-67.73%
3Y Avg
-67.73%
5Y Avg
-67.73%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MannKind Corporation (MNKD) | $1.22B | 1.32% | 8.67% | 7.68% | -4.90% |
| Omada Health (OMDA)vs › | $1.22B | -0.18% | -25.12% | -34.79% | -34.79% |
| Innovage Holding Corp. (INNV)vs › | $1.21B | 9.48% | 1.29% | -3.62% | 0.10% |
| Cronos Group Inc. (CRON)vs › | $1.23B | 1.12% | -4.20% | -6.46% | -10.06% |
| ORIC Pharmaceuticals, Inc. (ORIC)vs › | $1.26B | -40.32% | -46.81% | -44.75% | -38.73% |
| Damora Therapeutics, Inc. (DMRA)vs › | $1.17B | -52.44% | -96.82% | -100.85% | -77.97% |
| Nektar Therapeutics (NKTR)vs › | $1.17B | -12.53% | -48.13% | -43.32% | -40.54% |
| Kardigan, Inc. (KARD)vs › | $1.27B | -57.11% | -57.11% | -57.11% | -57.11% |
| Avalyn Pharma Inc. Common Stock (AVLN)vs › | $1.15B | -67.73% | -67.73% | -67.73% | -67.73% |
| GoodRx Holdings, Inc. (GDRX)vs › | $1.15B | 3.72% | 3.50% | 1.32% | -2.22% |
ROIC
1.3%
ROE
N/A
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 | 1.32% |
| 2026-03-31 | 2.15% |
| 2025-12-31 | 5.77% |
| 2025-09-30 | 15.93% |
| 2025-06-30 | 18.19% |
| 2025-03-31 | 21.44% |
| 2024-12-31 | 20.18% |
| 2024-09-30 | 11.85% |
| 2024-06-30 | 10.75% |
| 2024-03-31 | 6.44% |
| 2023-12-31 | 2.22% |
| 2023-09-30 | -4.91% |
| 2023-06-30 | -11.44% |
| 2023-03-31 | -21.43% |
| 2022-12-31 | -26.99% |
| 2022-09-30 | -32.14% |
| 2022-06-30 | -31.94% |
| 2022-03-31 | -23.50% |
| 2021-12-31 | -16.81% |
| 2021-09-30 | -24.87% |
| 2021-06-30 | -25.02% |
| 2021-03-31 | -18.72% |
| 2020-12-31 | -122.97% |
| 2020-09-30 | -101.67% |
| 2020-06-30 | -87.42% |
| 2020-03-31 | -223.87% |
| 2019-12-31 | -134.59% |
| 2019-09-30 | -122.78% |
| 2019-06-30 | -389.67% |
| 2019-03-31 | -183.66% |
| 2018-12-31 | -175.04% |
| 2018-06-30 | -413.14% |
| 2018-03-31 | -464.07% |
| 2017-12-31 | -217.58% |
| 2017-09-30 | -397.19% |
| 2016-12-31 | 76.22% |
| 2016-09-30 | -316.68% |
| 2015-09-30 | -120.06% |
| 2015-06-30 | -77.04% |
| 2015-03-31 | -105.07% |
| 2014-12-31 | -109.91% |
| 2014-09-30 | -50.71% |
| 2014-06-30 | -130.89% |
| 2014-03-31 | -84.69% |
| 2013-12-31 | -72.66% |
| 2013-09-30 | -60.56% |
| 2013-06-30 | -81.65% |
| 2013-03-31 | -80.70% |
| 2012-12-31 | -137.94% |
| 2012-09-30 | -90.85% |
| 2012-06-30 | -76.42% |
| 2012-03-31 | -62.89% |
| 2011-12-31 | -80.68% |
| 2011-09-30 | -68.72% |
| 2011-06-30 | -73.41% |
| 2011-03-31 | -65.07% |
| 2010-12-31 | -58.85% |
| 2010-09-30 | -63.03% |
| 2010-06-30 | -81.18% |
| 2010-03-31 | -88.76% |
| 2009-12-31 | -95.99% |
| 2009-09-30 | -90.58% |
| 2009-06-30 | -114.80% |
| 2009-03-31 | -122.90% |
| 2008-12-31 | -133.53% |
| 2008-09-30 | -109.99% |
| 2008-06-30 | -91.78% |
| 2008-03-31 | -74.18% |
| 2007-12-31 | -64.59% |
| 2007-09-30 | -103.02% |
| 2007-06-30 | -79.39% |
| 2007-03-31 | -62.35% |
| 2006-12-31 | -47.23% |
| 2006-09-30 | -175.85% |
| 2006-06-30 | -143.62% |
| 2006-03-31 | -83.74% |
| 2005-12-31 | -57.06% |
| 2005-09-30 | -43.46% |
| 2005-06-30 | -93.70% |
| 2005-03-31 | -65.19% |
| 2004-12-31 | -51.28% |
