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 -12.27% is 57% above its 5-year average of -28.86%, near the high end of its 5-year range (-116.23%–-12.27%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.56% above its 12-month average of -21.36%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -12.27%.
RETURN ON INVESTED CAPITAL (ROIC)
-12.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-21.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-26.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-28.86%
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
+42.56%
CURRENT VS 3Y AVG
+54.49%
CURRENT VS 5Y AVG
+57.49%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
2.82%
median of 494 covered companies
CURRENT VS SECTOR MEDIAN
-535.05%
vs the sector median at left
Navitas Semiconductor Corp
Market Cap
$3.21B
Return on Invested Capital (ROIC)
-12.27%
TTM Avg
-21.36%
3Y Avg
-26.96%
5Y Avg
-28.86%
Market Cap
$3.20B
Return on Invested Capital (ROIC)
-6.17%
TTM Avg
-4.70%
3Y Avg
3.85%
5Y Avg
0.80%
Market Cap
$3.17B
Return on Invested Capital (ROIC)
9.54%
TTM Avg
3.95%
3Y Avg
-3.17%
5Y Avg
-8.67%
Market Cap
$3.16B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
5.16%
3Y Avg
5.04%
5Y Avg
5.56%
Market Cap
$3.25B
Return on Invested Capital (ROIC)
8.82%
TTM Avg
9.43%
3Y Avg
9.41%
5Y Avg
9.11%
Market Cap
$3.15B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$3.26B
Return on Invested Capital (ROIC)
2.27%
TTM Avg
3.06%
3Y Avg
3.17%
5Y Avg
5.51%
Market Cap
$3.26B
Return on Invested Capital (ROIC)
-15.98%
TTM Avg
-39.63%
3Y Avg
-73.32%
5Y Avg
-79.00%
Market Cap
$3.13B
Return on Invested Capital (ROIC)
-11.63%
TTM Avg
-11.63%
3Y Avg
-11.63%
5Y Avg
-11.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Navitas Semiconductor Corp (NVTS) | $3.21B | -12.27% | -21.36% | -26.96% | -28.86% |
| Aehr Test Systems (AEHR)vs › | $3.20B | -6.17% | -4.70% | 3.85% | 0.80% |
| AvePoint, Inc. (AVPT)vs › | $3.17B | 9.54% | 3.95% | -3.17% | -8.67% |
| Extreme Networks, Inc. (EXTR)vs › | $3.16B | 8.56% | 5.16% | 5.04% | 5.56% |
| OSI Systems, Inc. (OSIS)vs › | $3.25B | 8.82% | 9.43% | 9.41% | 9.11% |
| Bel Fuse Inc. (BELFB)vs › | $3.15B | 9.24% | 8.32% | 11.76% | 9.86% |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.26B | 2.27% | 3.06% | 3.17% | 5.51% |
| Ouster, Inc. (OUST)vs › | $3.26B | -15.98% | -39.63% | -73.32% | -79.00% |
| Ionic Digital Inc. Class A (IOND)vs › | $3.13B | -11.63% | -11.63% | -11.63% | -11.63% |
| Penguin Solutions, Inc. (PENG)vs › | $3.09B | 7.57% | 2.66% | 2.03% | 1.54% |
ROIC
-12.3%
ROE
-39.1%
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 | -12.27% |
| 2026-03-31 | -21.95% |
| 2025-12-31 | -20.34% |
| 2025-09-30 | -25.54% |
| 2025-06-30 | -26.69% |
| 2025-03-31 | -35.04% |
| 2024-12-31 | -35.10% |
| 2024-09-30 | -30.11% |
| 2024-06-30 | -28.81% |
| 2024-03-31 | -26.82% |
| 2023-12-31 | -27.03% |
| 2023-09-30 | -27.32% |
| 2023-06-30 | -28.35% |
| 2023-03-31 | -31.62% |
| 2022-12-31 | -30.53% |
| 2022-09-30 | -30.01% |
| 2022-06-30 | -35.65% |
| 2022-03-31 | -34.71% |
| 2021-12-31 | -23.78% |
| 2021-09-30 | -15.73% |
| 2021-06-30 | -116.23% |
| 2021-03-31 | -59.02% |
| 2020-12-31 | -43.58% |
