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 2.31% is 55% below its 5-year average of 5.18%, around the middle of its 5-year range (-2.51%–12.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 56.95% below its 12-month average of 5.36%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 2.31%.
RETURN ON INVESTED CAPITAL (ROIC)
2.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
5.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.18%
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
-56.95%
CURRENT VS 3Y AVG
-20.76%
CURRENT VS 5Y AVG
-55.49%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
1.94%
median of 148 covered companies
CURRENT VS SECTOR MEDIAN
+18.84%
vs the sector median at left
Nexxen International Ltd.
Market Cap
$482.45M
Return on Invested Capital (ROIC)
2.31%
TTM Avg
5.36%
3Y Avg
2.91%
5Y Avg
5.18%
Market Cap
$461.23M
Return on Invested Capital (ROIC)
2.16%
TTM Avg
-5.14%
3Y Avg
-1.95%
5Y Avg
1.37%
Market Cap
$435.59M
Return on Invested Capital (ROIC)
14.35%
TTM Avg
1.48%
3Y Avg
1.09%
5Y Avg
0.64%
Market Cap
$392.03M
Return on Invested Capital (ROIC)
-19.65%
TTM Avg
-6.15%
3Y Avg
-3.09%
5Y Avg
-1.50%
Market Cap
$367.88M
Return on Invested Capital (ROIC)
3.55%
TTM Avg
-5.21%
3Y Avg
-12.40%
5Y Avg
-7.59%
Market Cap
$354.28M
Return on Invested Capital (ROIC)
5.72%
TTM Avg
2.25%
3Y Avg
3.22%
5Y Avg
4.50%
Market Cap
$351.69M
Return on Invested Capital (ROIC)
-2.57%
TTM Avg
-1.10%
3Y Avg
6.47%
5Y Avg
6.38%
Market Cap
$629.18M
Return on Invested Capital (ROIC)
2.98%
TTM Avg
3.23%
3Y Avg
2.64%
5Y Avg
2.71%
Market Cap
$635.74M
Return on Invested Capital (ROIC)
-1.16%
TTM Avg
-1.48%
3Y Avg
-1.08%
5Y Avg
-0.80%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nexxen International Ltd. (NEXN) | $482.45M | 2.31% | 5.36% | 2.91% | 5.18% |
| Cogent Communications Holdings, Inc. (CCOI)vs › | $461.23M | 2.16% | -5.14% | -1.95% | 1.37% |
| ATN International, Inc. (ATNI)vs › | $435.59M | 14.35% | 1.48% | 1.09% | 0.64% |
| Starz Entertainment Corp. (STRZ)vs › | $392.03M | -19.65% | -6.15% | -3.09% | -1.50% |
| Advantage Solutions Inc. (ADV)vs › | $367.88M | 3.55% | -5.21% | -12.40% | -7.59% |
| AMC Global Media Inc. (AMCX)vs › | $354.28M | 5.72% | 2.25% | 3.22% | 4.50% |
| Perion Network Ltd. (PERI)vs › | $351.69M | -2.57% | -1.10% | 6.47% | 6.38% |
| Reservoir Media, Inc. (RSVR)vs › | $629.18M | 2.98% | 3.23% | 2.64% | 2.71% |
| Shenandoah Telecommunications Company (SHEN)vs › | $635.74M | -1.16% | -1.48% | -1.08% | -0.80% |
| Bumble Inc. (BMBL)vs › | $328.03M | 7.08% | 15.31% | 7.90% | 5.07% |
ROIC
2.3%
ROE
2.8%
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 | 2.31% |
| 2026-03-31 | 3.28% |
| 2025-12-31 | 4.30% |
| 2025-09-30 | 7.26% |
| 2025-06-30 | 9.64% |
| 2025-03-31 | 8.29% |
| 2024-12-31 | 6.77% |
| 2024-09-30 | 2.70% |
| 2024-06-30 | 0.60% |
| 2024-03-31 | -1.27% |
| 2023-12-31 | -2.51% |
| 2023-09-30 | -2.31% |
| 2023-06-30 | -1.22% |
| 2023-03-31 | 1.24% |
| 2022-12-31 | 3.64% |
| 2022-09-30 | 6.54% |
| 2022-06-30 | 9.80% |
| 2022-03-31 | 12.25% |
| 2021-12-31 | 12.79% |
| 2021-09-30 | 12.77% |
| 2021-06-30 | 11.91% |
| 2021-03-31 | 7.22% |
| 2020-12-31 | -1.72% |