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 -15.98% is 66% above its 5-year average of -47.03%, near the high end of its 5-year range (-149.85%–-15.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 46.22% above its 12-month average of -29.71%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -15.98%.
RETURN ON INVESTED CAPITAL (ROIC)
-15.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-29.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-68.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-47.03%
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
+46.22%
CURRENT VS 3Y AVG
+76.71%
CURRENT VS 5Y AVG
+66.03%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.38%
median of 608 covered companies
CURRENT VS SECTOR MEDIAN
-4360.97%
vs the sector median at left
Ouster, Inc.
Market Cap
$3.24B
Return on Invested Capital (ROIC)
-15.98%
TTM Avg
-29.71%
3Y Avg
-68.60%
5Y Avg
-47.03%
Market Cap
$3.21B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
5.16%
3Y Avg
5.04%
5Y Avg
5.56%
Market Cap
$3.27B
Return on Invested Capital (ROIC)
8.82%
TTM Avg
9.43%
3Y Avg
9.41%
5Y Avg
9.11%
Market Cap
$3.28B
Return on Invested Capital (ROIC)
2.27%
TTM Avg
3.06%
3Y Avg
3.17%
5Y Avg
5.51%
Market Cap
$3.29B
Return on Invested Capital (ROIC)
7.57%
TTM Avg
2.66%
3Y Avg
2.03%
5Y Avg
1.54%
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
$3.13B
Return on Invested Capital (ROIC)
-12.27%
TTM Avg
-27.45%
3Y Avg
-28.11%
5Y Avg
-29.97%
Market Cap
$3.35B
Return on Invested Capital (ROIC)
0.69%
TTM Avg
0.00%
3Y Avg
-12.19%
5Y Avg
-14.18%
Market Cap
$3.11B
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 |
|---|---|---|---|---|---|
| Ouster, Inc. (OUST) | $3.24B | -15.98% | -29.71% | -68.60% | -47.03% |
| Extreme Networks, Inc. (EXTR)vs › | $3.21B | 8.56% | 5.16% | 5.04% | 5.56% |
| OSI Systems, Inc. (OSIS)vs › | $3.27B | 8.82% | 9.43% | 9.41% | 9.11% |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.28B | 2.27% | 3.06% | 3.17% | 5.51% |
| Penguin Solutions, Inc. (PENG)vs › | $3.29B | 7.57% | 2.66% | 2.03% | 1.54% |
| Bel Fuse Inc. (BELFB)vs › | $3.15B | 9.24% | 8.32% | 11.76% | 9.86% |
| Navitas Semiconductor Corp (NVTS)vs › | $3.13B | -12.27% | -27.45% | -28.11% | -29.97% |
| Life360, Inc. (LIF)vs › | $3.35B | 0.69% | 0.00% | -12.19% | -14.18% |
| Ionic Digital Inc. Class A (IOND)vs › | $3.11B | -11.63% | -11.63% | -11.63% | -11.63% |
| AvePoint, Inc. (AVPT)vs › | $3.09B | 9.54% | 3.95% | -3.17% | -8.67% |
ROIC
-16.0%
ROE
-14.4%
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 | -15.98% |
| 2026-03-31 | -23.35% |
| 2025-12-31 | -26.57% |
| 2025-09-30 | -38.66% |
| 2025-06-30 | -44.01% |
| 2025-03-31 | -55.65% |
| 2024-12-31 | -52.69% |
| 2024-09-30 | -60.65% |
| 2024-06-30 | -52.64% |
| 2024-03-31 | -94.59% |
| 2023-12-31 | -149.85% |
| 2023-09-30 | -145.20% |
| 2023-06-30 | -131.98% |
| 2023-03-31 | -73.68% |
| 2022-12-31 | -64.16% |
| 2022-09-30 | -57.41% |
| 2022-06-30 | -48.44% |
| 2022-03-31 | -45.27% |
| 2021-12-31 | -34.91% |
| 2021-09-30 | -32.66% |
| 2021-06-30 | -25.31% |
| 2021-03-31 | -20.02% |
| 2020-12-31 | -158.65% |
| 2020-09-30 | -133.81% |
