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 7.59% is 46% above its 5-year average of 5.19%, around the middle of its 5-year range (-6.34%–16.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.54% below its 12-month average of 9.55%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.59%.
RETURN ON INVESTED CAPITAL (ROIC)
7.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.19%
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
-20.54%
CURRENT VS 3Y AVG
-28.65%
CURRENT VS 5Y AVG
+46.28%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
+1665.36%
vs the sector median at left
Payoneer Global Inc.
Market Cap
$2.42B
Return on Invested Capital (ROIC)
7.59%
TTM Avg
9.55%
3Y Avg
10.64%
5Y Avg
5.19%
Market Cap
$2.42B
Return on Invested Capital (ROIC)
7.57%
TTM Avg
10.13%
3Y Avg
9.59%
5Y Avg
7.11%
Market Cap
$2.45B
Return on Invested Capital (ROIC)
10.34%
TTM Avg
9.29%
3Y Avg
10.16%
5Y Avg
10.38%
Market Cap
$2.50B
Return on Invested Capital (ROIC)
-30.39%
TTM Avg
-36.99%
3Y Avg
-196.28%
5Y Avg
-210.10%
Market Cap
$2.33B
Return on Invested Capital (ROIC)
9.49%
TTM Avg
7.92%
3Y Avg
8.97%
5Y Avg
8.95%
Market Cap
$2.54B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.88%
3Y Avg
-11.48%
5Y Avg
-9.39%
Market Cap
$2.28B
Return on Invested Capital (ROIC)
2.71%
TTM Avg
0.40%
3Y Avg
-0.07%
5Y Avg
-2.39%
Market Cap
$2.56B
Return on Invested Capital (ROIC)
3.26%
TTM Avg
-0.49%
3Y Avg
-4.11%
5Y Avg
-3.86%
Market Cap
$2.26B
Return on Invested Capital (ROIC)
-3.61%
TTM Avg
-18.70%
3Y Avg
-18.29%
5Y Avg
-15.18%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Payoneer Global Inc. (PAYO) | $2.42B | 7.59% | 9.55% | 10.64% | 5.19% |
| Euronet Worldwide, Inc. (EEFT)vs › | $2.42B | 7.57% | 10.13% | 9.59% | 7.11% |
| ePlus inc. (PLUS)vs › | $2.45B | 10.34% | 9.29% | 10.16% | 10.38% |
| SoundHound AI, Inc. (SOUN)vs › | $2.50B | -30.39% | -36.99% | -196.28% | -210.10% |
| PC Connection, Inc. (CNXN)vs › | $2.33B | 9.49% | 7.92% | 8.97% | 8.95% |
| Bitdeer Technologies Group (BTDR)vs › | $2.54B | -8.92% | -10.88% | -11.48% | -9.39% |
| PDF Solutions, Inc. (PDFS)vs › | $2.28B | 2.71% | 0.40% | -0.07% | -2.39% |
| Five9, Inc. (FIVN)vs › | $2.56B | 3.26% | -0.49% | -4.11% | -3.86% |
| nLIGHT, Inc. (LASR)vs › | $2.26B | -3.61% | -18.70% | -18.29% | -15.18% |
| Himax Technologies, Inc. (HIMX)vs › | $2.60B | 2.25% | 3.57% | 6.53% | 11.74% |
ROIC
7.6%
ROE
7.7%
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 | 7.59% |
| 2026-03-31 | 9.39% |
| 2025-12-31 | 9.04% |
| 2025-09-30 | 8.81% |
| 2025-06-30 | 12.93% |
| 2025-03-31 | 15.49% |
| 2024-12-31 | 16.20% |
| 2024-09-30 | 15.27% |
| 2024-06-30 | 12.26% |
| 2024-03-31 | 12.47% |
| 2023-12-31 | 9.84% |
| 2023-09-30 | 6.21% |
| 2023-06-30 | 2.79% |
| 2023-03-31 | -0.13% |
| 2022-12-31 | -1.98% |
| 2022-09-30 | -2.94% |
| 2022-06-30 | -1.76% |
| 2022-03-31 | -5.99% |
| 2021-12-31 | -5.20% |
| 2021-09-30 | -6.34% |
| 2021-06-30 | -4.99% |
| 2021-03-31 | -5.57% |
| 2020-12-31 | -7.14% |
