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 -16.05% is 13055% below its 5-year average of 0.12%, near the low end of its 5-year range (-34.00%–57.14%).
As of the fiscal period ended Sunday, June 28, 2026. 3.76% below its 12-month average of -15.47%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-28): -16.05%.
RETURN ON INVESTED CAPITAL (ROIC)
-16.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-15.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-18.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
0.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
1.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.04%
CURRENT VS TTM AVG
-3.76%
CURRENT VS 3Y AVG
+11.69%
CURRENT VS 5Y AVG
-13055.07%
CURRENT VS 10Y AVG
-572.10%
CURRENT VS 15Y AVG
-1248.47%
CURRENT VS 20Y AVG
-418.63%
SECTOR MEDIAN · HEALTHCARE
-35.66%
median of 837 covered companies
CURRENT VS SECTOR MEDIAN
+54.98%
vs the sector median at left
QuidelOrtho Corporation
Market Cap
$857.16M
Return on Invested Capital (ROIC)
-16.05%
TTM Avg
-15.47%
3Y Avg
-18.18%
5Y Avg
0.12%
Market Cap
$855.38M
Return on Invested Capital (ROIC)
-94.76%
TTM Avg
-114.06%
3Y Avg
-144.57%
5Y Avg
-144.57%
Market Cap
$853.13M
Return on Invested Capital (ROIC)
18.72%
TTM Avg
24.77%
3Y Avg
-14.92%
5Y Avg
-18.89%
Market Cap
$852.35M
Return on Invested Capital (ROIC)
-163.39%
TTM Avg
-91.89%
3Y Avg
-60.67%
5Y Avg
-60.67%
Market Cap
$867.03M
Return on Invested Capital (ROIC)
-7.88%
TTM Avg
-13.88%
3Y Avg
-23.54%
5Y Avg
-23.72%
Market Cap
$870.81M
Return on Invested Capital (ROIC)
-66.23%
TTM Avg
-66.23%
3Y Avg
-66.23%
5Y Avg
-66.23%
Market Cap
$838.62M
Return on Invested Capital (ROIC)
-23.80%
TTM Avg
-58.06%
3Y Avg
-39.20%
5Y Avg
-32.57%
Market Cap
$838.16M
Return on Invested Capital (ROIC)
-31.17%
TTM Avg
-29.64%
3Y Avg
-85.48%
5Y Avg
-85.48%
Market Cap
$833.81M
Return on Invested Capital (ROIC)
-28.69%
TTM Avg
-21.44%
3Y Avg
-33.52%
5Y Avg
-49.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| QuidelOrtho Corporation (QDEL) | $857.16M | -16.05% | -15.47% | -18.18% | 0.12% |
| Alumis Inc. (ALMS)vs › | $855.38M | -94.76% | -114.06% | -144.57% | -144.57% |
| Rigel Pharmaceuticals, Inc. (RIGL)vs › | $853.13M | 18.72% | 24.77% | -14.92% | -18.89% |
| SL Science Holding Ltd (SLBT)vs › | $852.35M | -163.39% | -91.89% | -60.67% | -60.67% |
| SI-BONE, Inc. (SIBN)vs › | $867.03M | -7.88% | -13.88% | -23.54% | -23.72% |
| Odyssey Therapeutics, Inc. (ODTX)vs › | $870.81M | -66.23% | -66.23% | -66.23% | -66.23% |
| Pacific Biosciences of California, Inc. (PACB)vs › | $838.62M | -23.80% | -58.06% | -39.20% | -32.57% |
| Beta Bionics, Inc. (BBNX)vs › | $838.16M | -31.17% | -29.64% | -85.48% | -85.48% |
| Monte Rosa Therapeutics, Inc. (GLUE)vs › | $833.81M | -28.69% | -21.44% | -33.52% | -49.04% |
| Arbutus Biopharma Corp (ABUS)vs › | $884.97M | 54.39% | -47.91% | -50.01% | -47.22% |
ROIC
-16.1%
ROE
-59.1%
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) |
|---|---|
| 2026-06-28 | -16.05% |
| 2026-03-29 | -20.01% |
| 2025-12-28 | -18.45% |
| 2025-09-28 | -18.80% |
| 2025-06-29 | -4.05% |
| 2025-03-30 | -2.93% |
| 2024-12-29 | -34.00% |
| 2024-09-29 | -29.61% |
| 2024-06-30 | -29.59% |
| 2024-03-31 | -28.24% |
| 2023-12-31 | 1.77% |
| 2022-10-02 | 10.74% |
| 2022-07-03 | 12.74% |
| 2022-03-31 | 38.79% |
| 2021-12-31 | 33.63% |
| 2021-09-30 | 49.05% |
| 2021-06-30 | 57.14% |
| 2021-03-31 | 55.68% |
| 2020-12-31 | 53.83% |
| 2020-09-30 | 37.00% |
| 2020-06-30 | 19.88% |
| 2020-03-31 | 11.92% |
| 2019-12-31 | 10.98% |
| 2019-09-30 | 11.19% |
| 2019-06-30 | 10.90% |
| 2019-03-31 | 9.48% |
| 2018-12-31 | 13.68% |
| 2018-09-30 | 10.49% |
| 2018-06-30 | 7.95% |
| 2018-03-31 | 4.39% |
| 2017-12-31 | 1.15% |
| 2017-09-30 | 1.70% |
| 2017-06-30 | 2.43% |
| 2017-03-31 | 3.01% |
| 2016-12-31 | -1.25% |
| 2016-09-30 | -2.19% |
| 2016-06-30 | -2.48% |
| 2016-03-31 | -2.68% |
| 2015-12-31 | 0.73% |
| 2015-09-30 | 1.87% |
| 2015-06-30 | 0.42% |
| 2015-03-31 | 0.36% |
| 2014-12-31 | -2.28% |
| 2014-09-30 | -9.39% |
| 2014-06-30 | -7.56% |
| 2014-03-31 | -6.14% |
| 2013-12-31 | 1.68% |
| 2013-09-30 | 6.43% |
| 2013-06-30 | 7.89% |
| 2013-03-31 | 7.70% |
| 2012-12-31 | 2.64% |
| 2012-09-30 | -1.41% |
| 2012-06-30 | -1.44% |
| 2012-03-31 | -1.68% |
| 2011-12-31 | 3.69% |
| 2011-09-30 | 3.24% |
| 2011-06-30 | 2.05% |
| 2011-03-31 | 1.80% |
| 2010-12-31 | -7.69% |
| 2010-09-30 | 5.24% |
| 2010-06-30 | 15.12% |
| 2010-03-31 | 15.58% |
| 2009-12-31 | 24.22% |
| 2009-09-30 | 14.92% |
| 2009-06-30 | 7.65% |
| 2009-03-31 | 6.06% |
| 2008-12-31 | 14.23% |
| 2008-09-30 | 15.10% |
| 2008-06-30 | 14.68% |
| 2008-03-31 | 13.76% |
| 2007-12-31 | 11.00% |
| 2007-09-30 | 17.96% |
| 2007-06-30 | 17.03% |
| 2007-03-31 | 15.39% |
| 2006-12-31 | 12.23% |
| 2006-09-30 | 13.51% |
| 2006-06-30 | 11.85% |
| 2006-03-31 | 13.98% |
| 2005-12-31 | -5.11% |
| 2005-09-30 | -6.03% |
| 2005-06-30 | -13.89% |
| 2005-03-31 | -16.18% |
| 2004-12-31 | 0.98% |
| 2004-09-30 | 0.92% |
| 2004-06-30 | 5.05% |
| 2004-03-31 | 8.23% |
| 2003-12-31 | 10.89% |
| 2003-09-30 | 2.57% |
| 2003-06-30 | 1.74% |
