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 -0.68% is 132% below its 5-year average of 2.12%, near the low end of its 5-year range (-1.19%–7.03%).
As of the fiscal period ended Sunday, May 31, 2026. 84.94% below its 12-month average of -0.37%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-05-31): -0.68%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-0.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
0.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.13%
CURRENT VS TTM AVG
-84.94%
CURRENT VS 3Y AVG
-200.48%
CURRENT VS 5Y AVG
-132.06%
CURRENT VS 10Y AVG
-112.86%
CURRENT VS 15Y AVG
-110.14%
CURRENT VS 20Y AVG
-107.44%
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 826 covered companies
CURRENT VS SECTOR MEDIAN
+98.09%
vs the sector median at left
Neogen Corporation
Market Cap
$2.65B
Return on Invested Capital (ROIC)
-0.68%
TTM Avg
-0.37%
3Y Avg
0.68%
5Y Avg
2.12%
Market Cap
$2.65B
Return on Invested Capital (ROIC)
-28.60%
TTM Avg
-26.51%
3Y Avg
-39.35%
5Y Avg
-39.35%
Market Cap
$2.66B
Return on Invested Capital (ROIC)
15.45%
TTM Avg
14.86%
3Y Avg
6.92%
5Y Avg
-8.67%
Market Cap
$2.66B
Return on Invested Capital (ROIC)
6.69%
TTM Avg
7.54%
3Y Avg
8.48%
5Y Avg
6.84%
Market Cap
$2.59B
Return on Invested Capital (ROIC)
-28.96%
TTM Avg
-36.25%
3Y Avg
-29.21%
5Y Avg
-30.95%
Market Cap
$2.72B
Return on Invested Capital (ROIC)
-28.02%
TTM Avg
-99.23%
3Y Avg
-79.58%
5Y Avg
-63.04%
Market Cap
$2.57B
Return on Invested Capital (ROIC)
0.00%
TTM Avg
2.20%
3Y Avg
0.80%
5Y Avg
-4.44%
Market Cap
$2.53B
Return on Invested Capital (ROIC)
-38.70%
TTM Avg
-28.14%
3Y Avg
-29.66%
5Y Avg
-30.84%
Market Cap
$2.79B
Return on Invested Capital (ROIC)
2.04%
TTM Avg
-4.01%
3Y Avg
-5.25%
5Y Avg
-2.96%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Neogen Corporation (NEOG) | $2.65B | -0.68% | -0.37% | 0.68% | 2.12% |
| MBX Biosciences, Inc. Common Stock (MBX)vs › | $2.65B | -28.60% | -26.51% | -39.35% | -39.35% |
| Aveanna Healthcare Holdings Inc. (AVAH)vs › | $2.66B | 15.45% | 14.86% | 6.92% | -8.67% |
| Acadia Healthcare Company, Inc. (ACHC)vs › | $2.66B | 6.69% | 7.54% | 8.48% | 6.84% |
| Beam Therapeutics Inc. (BEAM)vs › | $2.59B | -28.96% | -36.25% | -29.21% | -30.95% |
| Precigen, Inc. (PGEN)vs › | $2.72B | -28.02% | -99.23% | -79.58% | -63.04% |
| Privia Health Group, Inc. (PRVA)vs › | $2.57B | 0.00% | 2.20% | 0.80% | -4.44% |
| NewAmsterdam Pharma Company N.V. (NAMS)vs › | $2.53B | -38.70% | -28.14% | -29.66% | -30.84% |
| AtriCure, Inc. (ATRC)vs › | $2.79B | 2.04% | -4.01% | -5.25% | -2.96% |
| TransMedics Group, Inc. (TMDX)vs › | $2.80B | 5.87% | 7.96% | -0.22% | -9.17% |
ROIC
-0.7%
ROE
-0.4%
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) |
|---|---|
| 2026-05-31 | -0.68% |
| 2026-02-28 | -1.19% |
| 2025-11-30 | -0.71% |
| 2025-08-31 | -0.01% |
| 2025-05-31 | 0.74% |
| 2025-02-28 | 1.42% |
| 2024-11-30 | 1.41% |
| 2024-08-31 | 1.20% |
| 2024-05-31 | 1.42% |
| 2024-02-29 | 1.55% |
| 2023-11-30 | 1.64% |
| 2023-08-31 | 1.14% |
| 2023-05-31 | 0.85% |
| 2023-02-28 | 0.73% |
| 2022-11-30 | 0.52% |
| 2022-08-31 | 3.81% |
| 2022-05-31 | 5.14% |
| 2022-02-28 | 5.32% |
| 2021-11-30 | 6.26% |
| 2021-08-31 | 7.03% |
| 2021-05-31 | 6.92% |
| 2021-02-28 | 7.13% |
| 2020-11-30 | 7.18% |
| 2020-08-31 | 7.37% |
| 2020-05-31 | 7.42% |
| 2020-02-29 | 7.53% |
| 2019-11-30 | 7.81% |
| 2019-08-31 | 8.09% |
| 2019-05-31 | 8.54% |
| 2019-02-28 | 9.15% |
| 2018-11-30 | 10.02% |
| 2018-08-31 | 10.58% |
| 2018-05-31 | 10.43% |
| 2018-02-28 | 9.96% |
| 2017-11-30 | 9.14% |
| 2017-08-31 | 8.76% |
| 2017-05-31 | 8.70% |
| 2017-02-28 | 8.54% |
| 2016-11-30 | 8.59% |
| 2016-08-31 | 8.52% |
| 2016-05-31 | 8.77% |
| 2016-02-29 | 9.07% |
| 2015-11-30 | 9.22% |
| 2015-08-31 | 9.19% |
| 2015-05-31 | 9.34% |
| 2015-02-28 | 9.11% |
| 2014-11-30 | 9.04% |
| 2014-08-31 | 8.69% |
| 2014-05-31 | 8.82% |
| 2014-02-28 | 9.11% |
| 2013-11-30 | 9.32% |
| 2013-08-31 | 9.86% |
| 2013-05-31 | 9.85% |
| 2013-02-28 | 10.04% |
| 2012-11-30 | 9.73% |
| 2012-08-31 | 9.50% |
| 2012-05-31 | 9.66% |
| 2012-02-29 | 9.88% |
| 2011-11-30 | 10.30% |
| 2011-08-31 | 11.08% |
| 2011-05-31 | 11.51% |
| 2011-02-28 | 11.50% |
| 2010-11-30 | 11.24% |
| 2010-08-31 | 11.06% |
| 2010-05-31 | 10.56% |
| 2010-02-28 | 10.75% |
| 2009-11-30 | 10.13% |
| 2009-08-31 | 9.99% |
| 2009-05-31 | 9.89% |
| 2009-02-28 | 10.07% |
| 2008-11-30 | 10.54% |
| 2008-08-31 | 10.38% |
| 2008-05-31 | 10.23% |
| 2008-02-29 | 9.92% |
| 2007-11-30 | 9.60% |
| 2007-08-31 | 9.46% |
| 2007-05-31 | 9.32% |
| 2007-02-28 | 9.64% |
| 2006-11-30 | 9.62% |
| 2006-08-31 | 9.60% |
| 2006-05-31 | 10.11% |
| 2006-02-28 | 9.47% |
| 2005-11-30 | 10.96% |
| 2005-08-31 | 10.37% |
| 2005-05-31 | 10.01% |
| 2005-02-28 | 9.34% |
| 2004-11-30 | 9.55% |
| 2004-08-31 | 9.81% |
| 2004-05-31 | 9.23% |
| 2004-02-29 | 9.86% |
| 2003-11-30 | 9.99% |
| 2003-08-31 | 10.76% |
| 2003-05-31 | 10.56% |
