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 -20.04% is 49% above its 5-year average of -38.95%, near the high end of its 5-year range (-123.55%–-20.04%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.98% above its 12-month average of -27.07%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -20.04%.
RETURN ON INVESTED CAPITAL (ROIC)
-20.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-27.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-34.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-38.95%
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
+25.98%
CURRENT VS 3Y AVG
+42.08%
CURRENT VS 5Y AVG
+48.56%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.88%
median of 554 covered companies
CURRENT VS SECTOR MEDIAN
-1162.98%
vs the sector median at left
NextNav Inc.
Market Cap
$1.78B
Return on Invested Capital (ROIC)
-20.04%
TTM Avg
-27.07%
3Y Avg
-34.59%
5Y Avg
-38.95%
Market Cap
$1.78B
Return on Invested Capital (ROIC)
3.18%
TTM Avg
3.19%
3Y Avg
-6.58%
5Y Avg
-7.63%
Market Cap
$1.80B
Return on Invested Capital (ROIC)
-4.70%
TTM Avg
-10.29%
3Y Avg
-23.95%
5Y Avg
-53.13%
Market Cap
$1.72B
Return on Invested Capital (ROIC)
-18.97%
TTM Avg
-15.36%
3Y Avg
-12.27%
5Y Avg
-9.56%
Market Cap
$1.82B
Return on Invested Capital (ROIC)
9.47%
TTM Avg
10.78%
3Y Avg
12.39%
5Y Avg
9.99%
Market Cap
$1.70B
Return on Invested Capital (ROIC)
-61.51%
TTM Avg
-52.50%
3Y Avg
-42.26%
5Y Avg
-32.31%
Market Cap
$1.70B
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.70B
Return on Invested Capital (ROIC)
-1.90%
TTM Avg
-11.84%
3Y Avg
-11.84%
5Y Avg
-11.84%
Market Cap
$1.66B
Return on Invested Capital (ROIC)
2.34%
TTM Avg
1.39%
3Y Avg
0.01%
5Y Avg
-0.81%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NextNav Inc. (NN) | $1.78B | -20.04% | -27.07% | -34.59% | -38.95% |
| Nayax Ltd. (NYAX)vs › | $1.78B | 3.18% | 3.19% | -6.58% | -7.63% |
| Quantum Computing, Inc. (QUBT)vs › | $1.80B | -4.70% | -10.29% | -23.95% | -53.13% |
| Wolfspeed Inc. (WOLF)vs › | $1.72B | -18.97% | -15.36% | -12.27% | -9.56% |
| Photronics, Inc. (PLAB)vs › | $1.82B | 9.47% | 10.78% | 12.39% | 9.99% |
| C3.ai, Inc. (AI)vs › | $1.70B | -61.51% | -52.50% | -42.26% | -32.31% |
| Pasqal Holding S.A. Ordinary Share (PSQL)vs › | $1.70B | N/A | N/A | N/A | N/A |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.70B | -1.90% | -11.84% | -11.84% | -11.84% |
| BlackLine, Inc. (BL)vs › | $1.66B | 2.34% | 1.39% | 0.01% | -0.81% |
| Marqeta, Inc. (MQ)vs › | $1.65B | -1.42% | -2.94% | -10.60% | -11.24% |
ROIC
-20.0%
ROE
-33.4%
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) |
|---|---|
| 2026-06-30 | -20.04% |
| 2026-03-31 | -32.39% |
| 2025-12-31 | -29.46% |
| 2025-09-30 | -27.76% |
| 2025-06-30 | -25.70% |
| 2025-03-31 | -23.71% |
| 2024-12-31 | -40.17% |
| 2024-09-30 | -43.26% |
| 2024-06-30 | -42.67% |
| 2024-03-31 | -46.45% |
| 2023-12-31 | -41.70% |
| 2023-09-30 | -35.90% |
| 2023-06-30 | -40.48% |
| 2023-03-31 | -58.27% |
| 2022-12-31 | -57.04% |
| 2022-09-30 | -60.54% |
| 2022-06-30 | -46.65% |
| 2022-03-31 | -35.24% |
| 2021-12-31 | -32.60% |
| 2021-09-30 | -123.55% |
| 2021-06-30 | -106.96% |
| 2021-03-31 | -17.96% |
| 2020-12-31 | -72.47% |
