Basis: Trailing twelve months (TTM). 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 -0.07% is 99% above its 5-year average of -13.87%, near the high end of its 5-year range (-60.94%–-0.07%).
98.15% above its 12-month average of -3.78%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -16.04%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-3.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-5.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-13.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-1.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.34%
CURRENT VS TTM AVG
+98.15%
CURRENT VS 3Y AVG
+98.73%
CURRENT VS 5Y AVG
+99.50%
CURRENT VS 10Y AVG
+94.59%
CURRENT VS 15Y AVG
-101.95%
CURRENT VS 20Y AVG
-100.84%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-100.86%
vs the sector median at left
Strategy Inc
Market Cap
$52.13B
Return on Invested Capital (ROIC)
-0.07%
TTM Avg
-3.78%
3Y Avg
-5.50%
5Y Avg
-13.87%
Market Cap
$50.61B
Return on Invested Capital (ROIC)
0.22%
TTM Avg
-2.17%
3Y Avg
-6.29%
5Y Avg
-2.37%
Market Cap
$50.33B
Return on Invested Capital (ROIC)
11.56%
TTM Avg
4.13%
3Y Avg
4.91%
5Y Avg
6.51%
Market Cap
$50.03B
Return on Invested Capital (ROIC)
11.40%
TTM Avg
4.37%
3Y Avg
1.96%
5Y Avg
0.29%
Market Cap
$56.71B
Return on Invested Capital (ROIC)
-2.24%
TTM Avg
-9.09%
3Y Avg
-6.87%
5Y Avg
-4.75%
Market Cap
$47.51B
Return on Invested Capital (ROIC)
-0.36%
TTM Avg
1.00%
3Y Avg
0.55%
5Y Avg
0.55%
Market Cap
$56.81B
Return on Invested Capital (ROIC)
18.76%
TTM Avg
16.46%
3Y Avg
15.58%
5Y Avg
15.92%
Market Cap
$57.24B
Return on Invested Capital (ROIC)
5.11%
TTM Avg
3.84%
3Y Avg
2.70%
5Y Avg
3.59%
Market Cap
$45.91B
Return on Invested Capital (ROIC)
1.88%
TTM Avg
3.59%
3Y Avg
12.69%
5Y Avg
12.76%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Strategy Inc (MSTR) | $52.13B | -0.07% | -3.78% | -5.50% | -13.87% |
| Atlassian Corporation (TEAM)vs › | $50.61B | 0.22% | -2.17% | -6.29% | -2.37% |
| Ciena Corporation (CIEN)vs › | $50.33B | 11.56% | 4.13% | 4.91% | 6.51% |
| Workday, Inc. (WDAY)vs › | $50.03B | 11.40% | 4.37% | 1.96% | 0.29% |
| Nebius Group N.V. (NBIS)vs › | $56.71B | -2.24% | -9.09% | -6.87% | -4.75% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $47.51B | -0.36% | 1.00% | 0.55% | 0.55% |
| Garmin Ltd. (GRMN)vs › | $56.81B | 18.76% | 16.46% | 15.58% | 15.92% |
| Coherent, Inc. (COHR)vs › | $57.24B | 5.11% | 3.84% | 2.70% | 3.59% |
| STMicroelectronics N.V. (STM)vs › | $45.91B | 1.88% | 3.59% | 12.69% | 12.76% |
| Block, Inc. (XYZ)vs › | $45.56B | 4.78% | 6.63% | 3.67% | 2.70% |
ROIC
-0.1%
ROE
-67.1%
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 | -16.04% |
| 2026-03-31 | -0.08% |
| 2025-12-31 | -0.07% |
| 2025-09-30 | -1.04% |
| 2025-06-30 | -1.68% |
| 2025-03-31 | -3.82% |
| 2024-12-31 | -7.27% |
| 2024-09-30 | -10.92% |
| 2024-06-30 | -6.99% |
| 2024-03-31 | -4.94% |
| 2023-12-31 | -2.59% |
| 2023-09-30 | -8.56% |
| 2023-06-30 | -7.59% |
| 2023-03-31 | -41.48% |
| 2022-12-31 | -60.94% |
| 2022-09-30 | -53.37% |
| 2022-06-30 | -55.58% |
| 2022-03-31 | -23.14% |
| 2021-12-31 | -24.18% |
| 2021-09-30 | -23.58% |
| 2021-06-30 | -26.16% |
| 2021-03-31 | -9.06% |
| 2020-12-31 | -1.15% |
| 2020-09-30 | -0.81% |
| 2020-06-30 | 3.42% |
| 2020-03-31 | 1.37% |
| 2019-12-31 | -0.14% |
| 2019-09-30 | -1.62% |
| 2019-06-30 | -1.30% |
| 2019-03-31 | -1.14% |
| 2018-12-31 | 0.67% |
| 2018-09-30 | 1.95% |
| 2018-06-30 | 3.09% |
| 2018-03-31 | 4.37% |
| 2017-12-31 | 6.32% |
| 2017-09-30 | 11.57% |
| 2017-06-30 | 13.28% |
| 2017-03-31 | 14.59% |
| 2016-12-31 | 14.85% |
| 2016-09-30 | 17.58% |
| 2016-06-30 | 18.01% |
| 2016-03-31 | 20.40% |
| 2015-12-31 | 21.27% |
| 2015-09-30 | 19.21% |
| 2015-06-30 | 13.78% |
| 2015-03-31 | 6.27% |
| 2014-12-31 | 0.78% |
| 2014-09-30 | -2.83% |
| 2014-06-30 | 2.69% |
| 2014-03-31 | 5.81% |
| 2013-12-31 | 5.52% |
| 2013-09-30 | 4.32% |
| 2013-06-30 | 2.06% |
| 2013-03-31 | 4.69% |
| 2012-12-31 | 8.88% |
| 2012-09-30 | 8.73% |
| 2012-06-30 | 7.52% |
| 2012-03-31 | 5.97% |
| 2011-12-31 | 5.94% |
| 2011-09-30 | 10.29% |
| 2011-06-30 | 14.58% |
| 2011-03-31 | 18.36% |
| 2010-12-31 | 20.67% |
| 2010-09-30 | 22.93% |
| 2010-06-30 | 26.62% |
| 2010-03-31 | 25.56% |
| 2009-12-31 | 26.38% |
| 2009-09-30 | 25.95% |
| 2009-06-30 | 23.15% |
| 2009-03-31 | 22.67% |
| 2008-12-31 | 26.98% |
| 2008-09-30 | 32.50% |
| 2008-06-30 | 42.22% |
| 2008-03-31 | 47.29% |
| 2007-12-31 | 49.96% |
| 2007-09-30 | 54.77% |
| 2007-06-30 | 53.11% |
| 2007-03-31 | 65.46% |
| 2006-12-31 | 51.31% |
| 2006-09-30 | 61.37% |
| 2006-06-30 | 56.66% |
| 2006-03-31 | 42.49% |
| 2005-12-31 | 33.45% |
| 2005-09-30 | 39.46% |
| 2005-06-30 | 56.22% |
| 2005-03-31 | 28.86% |
| 2004-12-31 | 27.68% |
| 2004-09-30 | 24.69% |
| 2004-06-30 | 54.37% |
| 2004-03-31 | 53.27% |
| 2003-12-31 | 52.69% |
| 2003-09-30 | 56.36% |
| 2003-06-30 | 42.86% |
