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 -26.19% is 171% below its 5-year average of -9.68%, near the low end of its 5-year range (-30.67%–-0.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 71.54% below its 12-month average of -15.27%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -26.19%.
RETURN ON INVESTED CAPITAL (ROIC)
-26.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-15.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-11.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-9.68%
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
-71.54%
CURRENT VS 3Y AVG
-128.13%
CURRENT VS 5Y AVG
-170.65%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
4.89%
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-635.62%
vs the sector median at left
Opendoor Technologies Inc.
Market Cap
$2.69B
Return on Invested Capital (ROIC)
-26.19%
TTM Avg
-15.27%
3Y Avg
-11.48%
5Y Avg
-9.68%
Market Cap
$2.05B
Return on Invested Capital (ROIC)
2.97%
TTM Avg
2.58%
3Y Avg
3.07%
5Y Avg
1.55%
Market Cap
$3.51B
Return on Invested Capital (ROIC)
-20.71%
TTM Avg
-14.37%
3Y Avg
-14.37%
5Y Avg
-14.37%
Market Cap
$3.67B
Return on Invested Capital (ROIC)
5.17%
TTM Avg
5.54%
3Y Avg
5.15%
5Y Avg
3.37%
Market Cap
$6.94B
Return on Invested Capital (ROIC)
3.65%
TTM Avg
3.42%
3Y Avg
3.48%
5Y Avg
3.75%
Market Cap
$8.14B
Return on Invested Capital (ROIC)
5.63%
TTM Avg
5.36%
3Y Avg
4.93%
5Y Avg
4.92%
Market Cap
$8.35B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
6.31%
3Y Avg
6.25%
5Y Avg
5.96%
Market Cap
$8.55B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
3.52%
3Y Avg
3.39%
5Y Avg
3.41%
Market Cap
$8.91B
Return on Invested Capital (ROIC)
-4.23%
TTM Avg
-0.78%
3Y Avg
0.56%
5Y Avg
1.61%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Opendoor Technologies Inc. (OPEN) | $2.69B | -26.19% | -15.27% | -11.48% | -9.68% |
| Sunstone Hotel Investors, Inc. (SHO)vs › | $2.05B | 2.97% | 2.58% | 3.07% | 1.55% |
| Fermi Inc. Common Stock (FRMI)vs › | $3.51B | -20.71% | -14.37% | -14.37% | -14.37% |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.67B | 5.17% | 5.54% | 5.15% | 3.37% |
| Terreno Realty Corporation (TRNO)vs › | $6.94B | 3.65% | 3.42% | 3.48% | 3.75% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.14B | 5.63% | 5.36% | 4.93% | 4.92% |
| NNN REIT, Inc. (NNN)vs › | $8.35B | 6.18% | 6.31% | 6.25% | 5.96% |
| Agree Realty Corporation (ADC)vs › | $8.55B | 3.56% | 3.52% | 3.39% | 3.41% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.91B | -4.23% | -0.78% | 0.56% | 1.61% |
| CubeSmart (CUBE)vs › | $8.95B | 6.88% | 7.40% | 7.29% | 7.17% |
ROIC
-26.2%
ROE
-166.4%
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 | -26.19% |
| 2026-03-31 | -19.24% |
| 2025-12-31 | -13.85% |
| 2025-09-30 | -8.89% |
| 2025-06-30 | -8.17% |
| 2025-03-31 | -9.12% |
| 2024-12-31 | -10.56% |
| 2024-09-30 | -10.23% |
| 2024-06-30 | -10.72% |
| 2024-03-31 | -10.48% |
| 2023-12-31 | -11.04% |
| 2023-09-30 | -13.99% |
| 2023-06-30 | -30.67% |
| 2023-03-31 | -23.35% |
| 2022-12-31 | -14.37% |
| 2022-09-30 | -7.98% |
| 2022-06-30 | -0.21% |
| 2022-03-31 | -2.52% |
| 2021-12-31 | -6.07% |
| 2021-09-30 | -6.05% |
| 2021-06-30 | -10.70% |
| 2021-03-31 | -12.25% |
| 2020-12-31 | -8.73% |
| 2020-09-30 | -18.70% |
| 2020-06-30 | -17.04% |
| 2020-03-31 | -74439.38% |
| 2019-12-31 | -11.39% |
