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 -24.12% is 48% above its 5-year average of -46.26%, near the high end of its 5-year range (-231.56%–-12.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.79% below its 12-month average of -20.14%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -24.12%.
RETURN ON INVESTED CAPITAL (ROIC)
-24.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-20.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-78.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-46.26%
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
-19.79%
CURRENT VS 3Y AVG
+69.42%
CURRENT VS 5Y AVG
+47.86%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.99%
median of 541 covered companies
CURRENT VS SECTOR MEDIAN
-1312.22%
vs the sector median at left
Phunware, Inc.
Market Cap
$41.51M
Return on Invested Capital (ROIC)
-24.12%
TTM Avg
-20.14%
3Y Avg
-78.88%
5Y Avg
-46.26%
Market Cap
$41.27M
Return on Invested Capital (ROIC)
-164.28%
TTM Avg
-117.80%
3Y Avg
-80.05%
5Y Avg
-60.05%
Market Cap
$40.63M
Return on Invested Capital (ROIC)
-2.26%
TTM Avg
10.61%
3Y Avg
-0.29%
5Y Avg
-14.09%
Market Cap
$43.02M
Return on Invested Capital (ROIC)
-6.19%
TTM Avg
-46.51%
3Y Avg
-36.49%
5Y Avg
-34.90%
Market Cap
$39.11M
Return on Invested Capital (ROIC)
-134.27%
TTM Avg
-440.65%
3Y Avg
-440.65%
5Y Avg
-440.65%
Market Cap
$44.70M
Return on Invested Capital (ROIC)
-24.93%
TTM Avg
5.99%
3Y Avg
10.93%
5Y Avg
10.93%
Market Cap
$38.20M
Return on Invested Capital (ROIC)
0.14%
TTM Avg
-17.30%
3Y Avg
-10.20%
5Y Avg
-7.99%
Market Cap
$38.19M
Return on Invested Capital (ROIC)
-0.05%
TTM Avg
-368.15%
3Y Avg
-199.48%
5Y Avg
-159.63%
Market Cap
$38.13M
Return on Invested Capital (ROIC)
-28.87%
TTM Avg
-75.02%
3Y Avg
-75.38%
5Y Avg
-69.23%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phunware, Inc. (PHUN) | $41.51M | -24.12% | -20.14% | -78.88% | -46.26% |
| Blaize Holdings Inc. (BZAI)vs › | $41.27M | -164.28% | -117.80% | -80.05% | -60.05% |
| MIND Technology, Inc. (MIND)vs › | $40.63M | -2.26% | 10.61% | -0.29% | -14.09% |
| Pixelworks, Inc. (PXLW)vs › | $43.02M | -6.19% | -46.51% | -36.49% | -34.90% |
| Aether Holdings, Inc. Common Stock (ATHR)vs › | $39.11M | -134.27% | -440.65% | -440.65% | -440.65% |
| Health In Tech, Inc. (HIT)vs › | $44.70M | -24.93% | 5.99% | 10.93% | 10.93% |
| Comtech Telecommunications Corp. (CMTL)vs › | $38.20M | 0.14% | -17.30% | -10.20% | -7.99% |
| Brand Engagement Network, Inc. (BNAI)vs › | $38.19M | -0.05% | -368.15% | -199.48% | -159.63% |
| GameSquare Holdings Inc. (GAME)vs › | $38.13M | -28.87% | -75.02% | -75.38% | -69.23% |
| MicroVision, Inc. (MVIS)vs › | $37.59M | -141.04% | -80.63% | -73.68% | -74.04% |
ROIC
-24.1%
ROE
-14.7%
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 | -24.12% |
| 2026-03-31 | -21.01% |
| 2025-12-31 | -21.16% |
| 2025-09-30 | -17.56% |
| 2025-06-30 | -16.83% |
| 2025-03-31 | -15.10% |
| 2024-12-31 | -12.82% |
| 2024-09-30 | -67.79% |
| 2024-06-30 | -200.16% |
| 2024-03-31 | -210.91% |
| 2023-09-30 | -231.56% |
| 2023-06-30 | -107.56% |
| 2023-03-31 | -98.94% |
| 2022-12-31 | -70.51% |
| 2022-09-30 | -50.04% |
| 2022-06-30 | -51.02% |
| 2022-03-31 | -31.16% |
| 2021-12-31 | -23.19% |
| 2021-09-30 | -83.82% |
| 2021-06-30 | -73.84% |
| 2021-03-31 | -35.77% |
| 2020-12-31 | -132.52% |
| 2020-09-30 | -329.63% |
| 2020-06-30 | -135.55% |
| 2020-03-31 | -143.20% |
| 2019-12-31 | -119.58% |
| 2019-09-30 | -80.87% |
| 2018-08-31 | -27.92% |
| 2018-05-31 | -10.34% |
| 2018-02-28 | -45.32% |
| 2017-11-30 | -4.18% |
