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 -2.57% is 138% below its 5-year average of 6.72%, near the low end of its 5-year range (-3.30%–16.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.10% below its 12-month average of -2.49%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -2.57%.
RETURN ON INVESTED CAPITAL (ROIC)
-2.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-2.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
4.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.03%
CURRENT VS TTM AVG
-3.10%
CURRENT VS 3Y AVG
-166.75%
CURRENT VS 5Y AVG
-138.22%
CURRENT VS 10Y AVG
-168.69%
CURRENT VS 15Y AVG
-155.28%
CURRENT VS 20Y AVG
-128.45%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.94%
median of 148 covered companies
CURRENT VS SECTOR MEDIAN
-232.36%
vs the sector median at left
Perion Network Ltd.
Market Cap
$353.14M
Return on Invested Capital (ROIC)
-2.57%
TTM Avg
-2.49%
3Y Avg
3.85%
5Y Avg
6.72%
Market Cap
$356.23M
Return on Invested Capital (ROIC)
5.72%
TTM Avg
2.25%
3Y Avg
3.22%
5Y Avg
4.50%
Market Cap
$362.30M
Return on Invested Capital (ROIC)
3.55%
TTM Avg
-5.21%
3Y Avg
-12.40%
5Y Avg
-7.59%
Market Cap
$327.38M
Return on Invested Capital (ROIC)
7.08%
TTM Avg
15.31%
3Y Avg
7.90%
5Y Avg
5.07%
Market Cap
$389.18M
Return on Invested Capital (ROIC)
-19.65%
TTM Avg
-6.15%
3Y Avg
-3.09%
5Y Avg
-1.50%
Market Cap
$311.05M
Return on Invested Capital (ROIC)
5.78%
TTM Avg
4.83%
3Y Avg
11.29%
5Y Avg
13.27%
Market Cap
$304.14M
Return on Invested Capital (ROIC)
3.76%
TTM Avg
-1.06%
3Y Avg
-3.43%
5Y Avg
-3.58%
Market Cap
$435.89M
Return on Invested Capital (ROIC)
14.35%
TTM Avg
1.48%
3Y Avg
1.09%
5Y Avg
0.64%
Market Cap
$261.42M
Return on Invested Capital (ROIC)
0.39%
TTM Avg
-6.02%
3Y Avg
-6.08%
5Y Avg
-7.13%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Perion Network Ltd. (PERI) | $353.14M | -2.57% | -2.49% | 3.85% | 6.72% |
| AMC Global Media Inc. (AMCX)vs › | $356.23M | 5.72% | 2.25% | 3.22% | 4.50% |
| Advantage Solutions Inc. (ADV)vs › | $362.30M | 3.55% | -5.21% | -12.40% | -7.59% |
| Bumble Inc. (BMBL)vs › | $327.38M | 7.08% | 15.31% | 7.90% | 5.07% |
| Starz Entertainment Corp. (STRZ)vs › | $389.18M | -19.65% | -6.15% | -3.09% | -1.50% |
| Gogo Inc. (GOGO)vs › | $311.05M | 5.78% | 4.83% | 11.29% | 13.27% |
| Fiverr International Ltd. (FVRR)vs › | $304.14M | 3.76% | -1.06% | -3.43% | -3.58% |
| ATN International, Inc. (ATNI)vs › | $435.89M | 14.35% | 1.48% | 1.09% | 0.64% |
| iHeartMedia, Inc. (IHRT)vs › | $261.42M | 0.39% | -6.02% | -6.08% | -7.13% |
| TechTarget, Inc. (TTGT)vs › | $261.00M | -29.21% | -4.76% | -4.48% | -1.85% |
ROIC
-2.6%
ROE
-2.1%
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 | -2.57% |
| 2026-03-31 | -2.45% |
| 2025-12-31 | -2.05% |
| 2025-09-30 | -2.83% |
| 2025-06-30 | -2.55% |
| 2025-03-31 | -3.30% |
| 2024-12-31 | -0.33% |
| 2024-09-30 | 3.67% |
| 2024-06-30 | 7.55% |
| 2024-03-31 | 11.30% |
| 2023-12-31 | 13.50% |
| 2023-09-30 | 14.82% |
| 2023-06-30 | 15.23% |
| 2023-03-31 | 16.00% |
| 2022-12-31 | 14.88% |
| 2022-09-30 | 13.00% |
| 2022-06-30 | 11.42% |
| 2022-03-31 | 9.49% |
| 2021-12-31 | 7.55% |
| 2021-09-30 | 10.55% |
| 2021-06-30 | 8.17% |
| 2021-03-31 | 5.19% |
| 2020-12-31 | 4.87% |
| 2020-09-30 | 3.71% |
| 2020-06-30 | 4.44% |
| 2020-03-31 | 6.74% |
| 2019-12-31 | 7.52% |
| 2019-09-30 | 7.18% |
| 2019-06-30 | 7.25% |
| 2019-03-31 | 6.13% |
| 2018-12-31 | 5.60% |
| 2018-09-30 | -14.41% |
| 2018-06-30 | -15.09% |
| 2018-03-31 | -37.49% |
| 2017-12-31 | -36.61% |
| 2017-09-30 | -14.89% |
| 2017-06-30 | -14.04% |
| 2017-03-31 | 3.15% |
| 2016-12-31 | 3.52% |
| 2016-09-30 | -5.92% |
| 2016-06-30 | -28.59% |
| 2016-03-31 | -24.27% |
| 2015-12-31 | -18.37% |
| 2015-09-30 | -20.44% |
| 2015-06-30 | 9.61% |
| 2015-03-31 | 12.96% |
| 2014-12-31 | 14.63% |
| 2014-09-30 | 15.96% |
| 2014-06-30 | 12.54% |
| 2014-03-31 | 16.74% |
| 2013-12-31 | 40.06% |
| 2013-09-30 | 42.53% |
| 2013-06-30 | 11.27% |
| 2013-03-31 | 8.50% |
| 2012-12-31 | 4.98% |
| 2012-09-30 | 5.65% |
| 2012-06-30 | 2.15% |
| 2012-03-31 | 5.04% |
| 2011-12-31 | 13.03% |
| 2011-09-30 | 20.73% |
| 2011-06-30 | 27.37% |
| 2011-03-31 | 30.26% |
| 2010-12-31 | 26.22% |
| 2010-09-30 | 29.09% |
| 2010-06-30 | 27.21% |
| 2010-03-31 | 25.52% |
| 2009-12-31 | 26.53% |
| 2009-09-30 | 24.42% |
| 2009-06-30 | 17.72% |
| 2009-03-31 | 10.27% |
| 2008-12-31 | 0.72% |
| 2008-09-30 | 1.95% |
| 2008-06-30 | 1.41% |
| 2008-03-31 | 1.97% |
| 2007-12-31 | 9.58% |
| 2007-09-30 | 19.53% |
| 2007-06-30 | 21.77% |
| 2007-03-31 | 23.21% |
| 2006-12-31 | 24.07% |
| 2006-09-30 | 7.11% |
| 2006-06-30 | 7.22% |
| 2006-03-31 | 12.36% |
| 2005-12-31 | 85.76% |
