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 -4.95% is 198% below its 5-year average of 5.05%, near the low end of its 5-year range (-6.95%–21.01%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.80% below its 12-month average of -4.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -4.95%.
RETURN ON INVESTED CAPITAL (ROIC)
-4.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.05%
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
-11.80%
CURRENT VS 3Y AVG
-394.96%
CURRENT VS 5Y AVG
-198.03%
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
-1251.31%
vs the sector median at left
PubMatic, Inc.
Market Cap
$867.20M
Return on Invested Capital (ROIC)
-4.95%
TTM Avg
-4.43%
3Y Avg
-1.00%
5Y Avg
5.05%
Market Cap
$861.47M
Return on Invested Capital (ROIC)
-19.13%
TTM Avg
-19.13%
3Y Avg
-19.13%
5Y Avg
-458.81%
Market Cap
$865.28M
Return on Invested Capital (ROIC)
0.76%
TTM Avg
5.96%
3Y Avg
3.00%
5Y Avg
-0.33%
Market Cap
$860.68M
Return on Invested Capital (ROIC)
12.95%
TTM Avg
12.96%
3Y Avg
13.16%
5Y Avg
9.20%
Market Cap
$860.57M
Return on Invested Capital (ROIC)
0.74%
TTM Avg
3.69%
3Y Avg
8.68%
5Y Avg
11.80%
Market Cap
$874.96M
Return on Invested Capital (ROIC)
3.08%
TTM Avg
1.24%
3Y Avg
1.20%
5Y Avg
0.78%
Market Cap
$886.96M
Return on Invested Capital (ROIC)
-0.01%
TTM Avg
-4.17%
3Y Avg
-1.81%
5Y Avg
1.62%
Market Cap
$832.40M
Return on Invested Capital (ROIC)
-11.30%
TTM Avg
-30.35%
3Y Avg
-47.09%
5Y Avg
-37.35%
Market Cap
$902.10M
Return on Invested Capital (ROIC)
6.52%
TTM Avg
7.39%
3Y Avg
5.60%
5Y Avg
7.84%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PubMatic, Inc. (PUBM) | $867.20M | -4.95% | -4.43% | -1.00% | 5.05% |
| Rezolve AI PLC (RZLV)vs › | $861.47M | -19.13% | -19.13% | -19.13% | -458.81% |
| Frequency Electronics, Inc. (FEIM)vs › | $865.28M | 0.76% | 5.96% | 3.00% | -0.33% |
| Daktronics, Inc. (DAKT)vs › | $860.68M | 12.95% | 12.96% | 13.16% | 9.20% |
| Playtika Holding Corp. (PLTK)vs › | $860.57M | 0.74% | 3.69% | 8.68% | 11.80% |
| Daily Journal Corporation (DJCO)vs › | $874.96M | 3.08% | 1.24% | 1.20% | 0.78% |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $886.96M | -0.01% | -4.17% | -1.81% | 1.62% |
| Backblaze, Inc. (BLZE)vs › | $832.40M | -11.30% | -30.35% | -47.09% | -37.35% |
| Upbound Group, Inc. (UPBD)vs › | $902.10M | 6.52% | 7.39% | 5.60% | 7.84% |
| Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ)vs › | $922.92M | -12.60% | -78.44% | -46.70% | -46.70% |
ROIC
-5.0%
ROE
-5.7%
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 | -4.95% |
| 2026-03-31 | -6.95% |
| 2025-12-31 | -5.67% |
| 2025-09-30 | -3.82% |
| 2025-06-30 | -0.75% |
| 2025-03-31 | -0.46% |
| 2024-12-31 | 0.86% |
| 2024-09-30 | 2.49% |
| 2024-06-30 | 2.77% |
| 2024-03-31 | 1.67% |
| 2023-12-31 | 0.55% |
| 2023-09-30 | -0.42% |
| 2023-06-30 | 1.68% |
| 2023-03-31 | 6.28% |
| 2022-12-31 | 9.13% |
| 2022-09-30 | 13.05% |
| 2022-06-30 | 15.22% |
| 2022-03-31 | 16.81% |
| 2021-12-31 | 18.13% |
| 2021-09-30 | 21.01% |
| 2021-06-30 | 19.44% |
| 2021-03-31 | 16.38% |
| 2020-12-31 | 14.89% |
| 2020-09-30 | 10.60% |
