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 -40.34% is 42% above its 5-year average of -69.65%, near the high end of its 5-year range (-241.51%–-34.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 35.67% above its 12-month average of -62.71%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): -40.34%.
RETURN ON INVESTED CAPITAL (ROIC)
-40.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-62.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-57.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-69.65%
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
+35.67%
CURRENT VS 3Y AVG
+29.47%
CURRENT VS 5Y AVG
+42.08%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.83%
median of 412 covered companies
CURRENT VS SECTOR MEDIAN
-1154.59%
vs the sector median at left
NeoVolta Inc
Market Cap
$158.41M
Return on Invested Capital (ROIC)
-40.34%
TTM Avg
-62.71%
3Y Avg
-57.19%
5Y Avg
-69.65%
Market Cap
$161.23M
Return on Invested Capital (ROIC)
7.37%
TTM Avg
-1.07%
3Y Avg
4.01%
5Y Avg
6.34%
Market Cap
$161.41M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$150.97M
Return on Invested Capital (ROIC)
-14.65%
TTM Avg
-110.19%
3Y Avg
-110.19%
5Y Avg
-110.19%
Market Cap
$148.60M
Return on Invested Capital (ROIC)
2.18%
TTM Avg
4.26%
3Y Avg
6.19%
5Y Avg
6.35%
Market Cap
$149.61M
Return on Invested Capital (ROIC)
-33.08%
TTM Avg
-69.73%
3Y Avg
-68.33%
5Y Avg
-68.33%
Market Cap
$143.97M
Return on Invested Capital (ROIC)
-2.21%
TTM Avg
-4.29%
3Y Avg
-0.74%
5Y Avg
-0.71%
Market Cap
$138.23M
Return on Invested Capital (ROIC)
7.05%
TTM Avg
5.14%
3Y Avg
5.14%
5Y Avg
5.14%
Market Cap
$181.57M
Return on Invested Capital (ROIC)
-24.39%
TTM Avg
-159.21%
3Y Avg
-694.94%
5Y Avg
-473.61%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NeoVolta Inc (NEOV) | $158.41M | -40.34% | -62.71% | -57.19% | -69.65% |
| EuroDry Ltd. (EDRY)vs › | $161.23M | 7.37% | -1.07% | 4.01% | 6.34% |
| Roze AI Inc. (RZAI)vs › | $161.41M | N/A | N/A | N/A | N/A |
| Factorial Energy Inc. (FAC)vs › | $150.97M | -14.65% | -110.19% | -110.19% | -110.19% |
| The Eastern Company (EML)vs › | $148.60M | 2.18% | 4.26% | 6.19% | 6.35% |
| Merlin, Inc. (MRLN)vs › | $149.61M | -33.08% | -69.73% | -68.33% | -68.33% |
| Hurco Companies, Inc. (HURC)vs › | $143.97M | -2.21% | -4.29% | -0.74% | -0.71% |
| Capstone Energy+, Inc. (CEPL)vs › | $138.23M | 7.05% | 5.14% | 5.14% | 5.14% |
| Draganfly Inc. (DPRO)vs › | $181.57M | -24.39% | -159.21% | -694.94% | -473.61% |
| Shimmick Corp. (SHIM)vs › | $131.57M | -21.55% | -78.33% | -39.02% | -69.41% |
ROIC
-40.3%
ROE
-54.3%
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) |
|---|---|
| 2026-06-30 | -40.34% |
| 2026-03-31 | -39.73% |
| 2025-12-31 | -86.85% |
| 2025-09-30 | -66.65% |
| 2025-06-30 | -79.98% |
| 2025-03-31 | -71.36% |
| 2024-12-31 | -82.55% |
| 2024-09-30 | -73.63% |
| 2024-06-30 | -50.85% |
| 2024-03-31 | -37.45% |
| 2023-12-31 | -34.55% |
| 2023-09-30 | -38.80% |
| 2023-06-30 | -40.76% |
| 2023-03-31 | -51.27% |
| 2022-12-31 | -45.66% |
| 2022-09-30 | -84.70% |
| 2022-06-30 | -153.93% |
| 2022-03-31 | -129.87% |
| 2021-12-31 | -114.38% |
| 2021-09-30 | -238.17% |
| 2021-06-30 | -241.51% |
| 2021-03-31 | -224.03% |
| 2020-12-31 | -229.52% |
| 2020-09-30 | -44.77% |
| 2020-06-30 | -42.37% |
| 2020-03-31 | -42.61% |
| 2019-12-31 | -33.38% |
| 2019-09-30 | -22.86% |
| 2019-06-30 | -19.77% |
