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 18.08% is 10615% above its 5-year average of 0.17%, near the high end of its 5-year range (-25.81%–18.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 21.41% above its 12-month average of 14.89%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 18.08%.
RETURN ON INVESTED CAPITAL (ROIC)
18.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.17%
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
+21.41%
CURRENT VS 3Y AVG
+211.42%
CURRENT VS 5Y AVG
+10615.29%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
2.25%
median of 533 covered companies
CURRENT VS SECTOR MEDIAN
+703.56%
vs the sector median at left
Pagaya Technologies Ltd.
Market Cap
$1.54B
Return on Invested Capital (ROIC)
18.08%
TTM Avg
14.89%
3Y Avg
5.81%
5Y Avg
0.17%
Market Cap
$1.53B
Return on Invested Capital (ROIC)
-4.79%
TTM Avg
-9.23%
3Y Avg
-12.93%
5Y Avg
-12.95%
Market Cap
$1.53B
Return on Invested Capital (ROIC)
7.97%
TTM Avg
6.34%
3Y Avg
7.53%
5Y Avg
8.37%
Market Cap
$1.56B
Return on Invested Capital (ROIC)
-7.51%
TTM Avg
5.97%
3Y Avg
6.20%
5Y Avg
6.50%
Market Cap
$1.47B
Return on Invested Capital (ROIC)
4.88%
TTM Avg
-2.81%
3Y Avg
-2.57%
5Y Avg
3.31%
Market Cap
$1.60B
Return on Invested Capital (ROIC)
8.70%
TTM Avg
8.18%
3Y Avg
-6.83%
5Y Avg
-18.77%
Market Cap
$1.44B
Return on Invested Capital (ROIC)
10.68%
TTM Avg
15.30%
3Y Avg
20.25%
5Y Avg
20.25%
Market Cap
$1.64B
Return on Invested Capital (ROIC)
4.58%
TTM Avg
2.00%
3Y Avg
0.53%
5Y Avg
-0.23%
Market Cap
$1.66B
Return on Invested Capital (ROIC)
-1.42%
TTM Avg
-2.94%
3Y Avg
-10.60%
5Y Avg
-11.24%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pagaya Technologies Ltd. (PGY) | $1.54B | 18.08% | 14.89% | 5.81% | 0.17% |
| Alkami Technology, Inc. (ALKT)vs › | $1.53B | -4.79% | -9.23% | -12.93% | -12.95% |
| Progress Software Corporation (PRGS)vs › | $1.53B | 7.97% | 6.34% | 7.53% | 8.37% |
| Concentrix Corporation (CNXC)vs › | $1.56B | -7.51% | 5.97% | 6.20% | 6.50% |
| Corsair Gaming, Inc. (CRSR)vs › | $1.47B | 4.88% | -2.81% | -2.57% | 3.31% |
| PicS N.V. (PICS)vs › | $1.60B | 8.70% | 8.18% | -6.83% | -18.77% |
| Mega Fortune Company Limited (MGRT)vs › | $1.44B | 10.68% | 15.30% | 20.25% | 20.25% |
| EverCommerce Inc. (EVCM)vs › | $1.64B | 4.58% | 2.00% | 0.53% | -0.23% |
| Marqeta, Inc. (MQ)vs › | $1.66B | -1.42% | -2.94% | -10.60% | -11.24% |
| PagerDuty, Inc. (PD)vs › | $1.41B | 4.77% | -4.41% | -11.76% | -12.49% |
ROIC
18.1%
ROE
21.3%
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 | 18.08% |
| 2026-03-31 | 16.03% |
| 2025-12-31 | 15.82% |
| 2025-09-30 | 13.81% |
| 2025-06-30 | 10.72% |
| 2025-03-31 | 8.19% |
| 2024-12-31 | 5.47% |
| 2024-09-30 | 3.45% |
| 2024-06-30 | 1.68% |
| 2024-03-31 | 0.58% |
| 2023-12-31 | -2.08% |
| 2023-09-30 | -5.22% |
| 2023-06-30 | -11.05% |
| 2023-03-31 | -25.81% |
| 2022-12-31 | -25.69% |
| 2022-09-30 | -23.00% |
| 2022-06-30 | -15.70% |
| 2022-03-31 | 4.64% |
| 2021-12-31 | 2.45% |
| 2021-09-30 | 8.78% |
| 2021-06-30 | 2.40% |
| 2021-03-31 | 2.04% |
| 2020-12-31 | 9.99% |
