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 -4.59% is 10% below its 5-year average of -4.17%, near the high end of its 5-year range (-34.52%–0.99%).
As of the fiscal period ended Thursday, July 2, 2026. 14.41% below its 12-month average of -4.01%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-02): -4.59%.
RETURN ON INVESTED CAPITAL (ROIC)
-4.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-4.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-4.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.02%
CURRENT VS TTM AVG
-14.41%
CURRENT VS 3Y AVG
-3.91%
CURRENT VS 5Y AVG
-10.04%
CURRENT VS 10Y AVG
-325.77%
CURRENT VS 15Y AVG
-164.04%
CURRENT VS 20Y AVG
-150.90%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.94%
median of 148 covered companies
CURRENT VS SECTOR MEDIAN
-336.61%
vs the sector median at left
National CineMedia, Inc.
Market Cap
$202.57M
Return on Invested Capital (ROIC)
-4.59%
TTM Avg
-4.01%
3Y Avg
-4.42%
5Y Avg
-4.17%
Market Cap
$193.20M
Return on Invested Capital (ROIC)
5.32%
TTM Avg
4.90%
3Y Avg
-18.93%
5Y Avg
-12.72%
Market Cap
$174.31M
Return on Invested Capital (ROIC)
-0.27%
TTM Avg
-18.73%
3Y Avg
-28.07%
5Y Avg
-33.53%
Market Cap
$174.25M
Return on Invested Capital (ROIC)
2.52%
TTM Avg
4.70%
3Y Avg
0.86%
5Y Avg
-1.61%
Market Cap
$232.46M
Return on Invested Capital (ROIC)
-33.56%
TTM Avg
4.81%
3Y Avg
-0.13%
5Y Avg
1.41%
Market Cap
$241.07M
Return on Invested Capital (ROIC)
-16.90%
TTM Avg
2.56%
3Y Avg
-0.30%
5Y Avg
-0.90%
Market Cap
$159.84M
Return on Invested Capital (ROIC)
6.87%
TTM Avg
7.23%
3Y Avg
7.23%
5Y Avg
7.23%
Market Cap
$157.05M
Return on Invested Capital (ROIC)
6.51%
TTM Avg
4.84%
3Y Avg
5.72%
5Y Avg
5.57%
Market Cap
$146.58M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| National CineMedia, Inc. (NCMI) | $202.57M | -4.59% | -4.01% | -4.42% | -4.17% |
| Crexendo, Inc. (CXDO)vs › | $193.20M | 5.32% | 4.90% | -18.93% | -12.72% |
| CuriosityStream Inc. (CURI)vs › | $174.31M | -0.27% | -18.73% | -28.07% | -33.53% |
| RADCOM Ltd. (RDCM)vs › | $174.25M | 2.52% | 4.70% | 0.86% | -1.61% |
| The E.W. Scripps Company (SSP)vs › | $232.46M | -33.56% | 4.81% | -0.13% | 1.41% |
| Angi Inc. (ANGI)vs › | $241.07M | -16.90% | 2.56% | -0.30% | -0.90% |
| Charter Communications, Inc. Series A Cumulative Redeemable Preferred Stock (CHTRP)vs › | $159.84M | 6.87% | 7.23% | 7.23% | 7.23% |
| Lee Enterprises, Incorporated (LEE)vs › | $157.05M | 6.51% | 4.84% | 5.72% | 5.57% |
| WISeSat.Space Holdings Corp. (SAIQ)vs › | $146.58M | N/A | N/A | N/A | N/A |
| TechTarget, Inc. (TTGT)vs › | $261.00M | -29.21% | -4.76% | -4.48% | -1.85% |
ROIC
-4.6%
ROE
-2.3%
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) |
|---|---|
| 2026-07-02 | -4.59% |
| 2026-04-02 | -4.22% |
| 2026-01-01 | -2.81% |
| 2025-09-25 | -4.43% |
| 2025-06-26 | -5.79% |
| 2025-03-27 | -4.63% |
| 2024-12-26 | -3.96% |
| 2024-09-26 | -4.02% |
| 2024-06-27 | -4.98% |
| 2024-03-28 | -3.92% |
| 2023-12-28 | -5.38% |
| 2023-09-28 | -4.04% |
| 2023-06-29 | -34.52% |
| 2023-03-30 | -0.17% |
| 2022-12-29 | 0.99% |
| 2022-09-29 | -1.85% |
| 2022-06-30 | -3.78% |
| 2022-03-31 | -8.19% |
| 2021-12-30 | -9.11% |
| 2021-09-30 | -12.78% |
| 2021-07-01 | -12.49% |
| 2021-04-01 | -6.09% |
| 2020-12-31 | -4.00% |
| 2020-09-24 | 3.09% |
| 2020-06-25 | 7.02% |
| 2020-03-26 | 11.93% |
| 2019-12-26 | 13.91% |
| 2019-09-26 | 13.16% |
| 2019-06-27 | 13.62% |
| 2019-03-28 | 11.61% |
| 2018-12-27 | 11.54% |
| 2018-09-27 | 8.75% |
| 2018-06-28 | 9.04% |
| 2018-03-29 | 8.15% |
| 2017-12-28 | 6.39% |
| 2017-09-28 | 13.33% |
| 2017-06-29 | 13.48% |
| 2017-03-30 | 14.30% |
| 2016-12-29 | 15.31% |
| 2016-09-29 | 14.90% |
| 2016-06-30 | 13.52% |
| 2016-03-31 | 14.27% |
| 2015-12-31 | 12.20% |
| 2015-10-01 | 13.57% |
| 2015-07-02 | 12.91% |
| 2015-04-02 | 11.23% |
| 2015-01-01 | 14.67% |
| 2014-09-25 | 11.94% |
| 2014-06-26 | 16.76% |
| 2014-03-27 | 18.00% |
| 2013-12-26 | 18.40% |
| 2013-09-26 | 17.10% |
| 2013-06-27 | 18.09% |
| 2013-03-28 | 18.05% |
| 2012-12-27 | 18.92% |
| 2012-09-27 | 22.69% |
| 2012-06-28 | 22.81% |
| 2012-03-29 | 21.81% |
| 2011-12-29 | 23.05% |
| 2011-09-29 | 23.64% |
| 2011-06-30 | 21.60% |
| 2011-03-31 | 21.36% |
| 2010-12-30 | 21.49% |
| 2010-09-30 | 27.14% |
| 2010-07-01 | 26.31% |
| 2010-04-01 | 29.27% |
| 2009-12-31 | 25.61% |
| 2009-10-01 | 16.99% |
| 2009-07-02 | 17.76% |
| 2009-04-02 | 17.58% |
| 2009-01-01 | 17.71% |
| 2008-09-25 | -0.23% |
| 2008-06-26 | -0.91% |
| 2008-03-27 | 0.07% |
| 2007-12-27 | 0.12% |
| 2007-09-27 | 17.03% |
| 2007-06-28 | 8.86% |
| 2007-03-29 | 3.78% |
| 2006-12-28 | -64.94% |
