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 22.98% is 360% above its 5-year average of -8.82%, near the high end of its 5-year range (-26.69%–22.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 975.52% above its 12-month average of -2.62%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 22.98%.
RETURN ON INVESTED CAPITAL (ROIC)
22.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-2.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-8.82%
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
+975.52%
CURRENT VS 3Y AVG
+695.82%
CURRENT VS 5Y AVG
+360.50%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
8.75%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+162.73%
vs the sector median at left
Oscar Health, Inc.
Market Cap
$8.33B
Return on Invested Capital (ROIC)
22.98%
TTM Avg
-2.62%
3Y Avg
-3.86%
5Y Avg
-8.82%
Market Cap
$9.66B
Return on Invested Capital (ROIC)
6.53%
TTM Avg
6.69%
3Y Avg
7.80%
5Y Avg
8.31%
Market Cap
$9.74B
Return on Invested Capital (ROIC)
16.04%
TTM Avg
12.65%
3Y Avg
9.01%
5Y Avg
7.29%
Market Cap
$9.99B
Return on Invested Capital (ROIC)
10.49%
TTM Avg
5.87%
3Y Avg
5.79%
5Y Avg
6.13%
Market Cap
$6.59B
Return on Invested Capital (ROIC)
19.48%
TTM Avg
18.99%
3Y Avg
19.98%
5Y Avg
22.15%
Market Cap
$10.13B
Return on Invested Capital (ROIC)
1.54%
TTM Avg
2.53%
3Y Avg
2.92%
5Y Avg
2.77%
Market Cap
$10.14B
Return on Invested Capital (ROIC)
7.29%
TTM Avg
7.04%
3Y Avg
6.95%
5Y Avg
7.54%
Market Cap
$6.24B
Return on Invested Capital (ROIC)
-4.30%
TTM Avg
9.38%
3Y Avg
-2.79%
5Y Avg
-9.92%
Market Cap
$10.48B
Return on Invested Capital (ROIC)
3.56%
TTM Avg
12.01%
3Y Avg
15.07%
5Y Avg
15.28%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Oscar Health, Inc. (OSCR) | $8.33B | 22.98% | -2.62% | -3.86% | -8.82% |
| Henry Schein, Inc. (HSIC)vs › | $9.66B | 6.53% | 6.69% | 7.80% | 8.31% |
| Insulet Corp. (PODD)vs › | $9.74B | 16.04% | 12.65% | 9.01% | 7.29% |
| Globus Medical, Inc. (GMED)vs › | $9.99B | 10.49% | 5.87% | 5.79% | 6.13% |
| Chemed Corporation (CHE)vs › | $6.59B | 19.48% | 18.99% | 19.98% | 22.15% |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.13B | 1.54% | 2.53% | 2.92% | 2.77% |
| The Ensign Group, Inc. (ENSG)vs › | $10.14B | 7.29% | 7.04% | 6.95% | 7.54% |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.24B | -4.30% | 9.38% | -2.79% | -9.92% |
| Molina Healthcare, Inc. (MOH)vs › | $10.48B | 3.56% | 12.01% | 15.07% | 15.28% |
| Align Technology, Inc. (ALGN)vs › | $10.57B | 8.90% | 10.00% | 10.19% | 11.72% |
ROIC
23.0%
ROE
26.8%
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 | 22.98% |
| 2026-03-31 | 0.49% |
| 2025-12-31 | -18.76% |
| 2025-09-30 | -9.04% |
| 2025-06-30 | -8.78% |
| 2025-03-31 | 8.08% |
| 2024-12-31 | 2.23% |
| 2024-09-30 | 1.93% |
| 2024-06-30 | 0.35% |
| 2024-03-31 | -1.11% |
| 2023-12-31 | -7.42% |
| 2023-09-30 | -26.69% |
| 2023-06-30 | -10.39% |
| 2023-03-31 | -12.76% |
| 2022-12-31 | -13.48% |
| 2022-09-30 | -13.49% |
| 2022-06-30 | -12.59% |
| 2022-03-31 | -12.85% |
| 2021-12-31 | -15.51% |
| 2021-09-30 | -15.96% |
| 2021-06-30 | -10.66% |
| 2021-03-31 | -22.27% |
| 2020-12-31 | -17.86% |
