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 -22.79% is 60% above its 4-year average of -57.43%, near the high end of its 4-year range (-952.07%–-1.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 63.43% above its 12-month average of -62.33%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -22.79%.
RETURN ON INVESTED CAPITAL (ROIC)
-22.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-62.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-74.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
+63.43%
CURRENT VS 3Y AVG
+69.46%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+36.05%
vs the sector median at left
QT Imaging Holdings, Inc.
Market Cap
$35.39M
Return on Invested Capital (ROIC)
-22.79%
TTM Avg
-62.33%
3Y Avg
-74.63%
5Y Avg
N/A
Market Cap
$35.66M
Return on Invested Capital (ROIC)
-171.36%
TTM Avg
-234.34%
3Y Avg
-204.54%
5Y Avg
-189.00%
Market Cap
$35.06M
Return on Invested Capital (ROIC)
-164.58%
TTM Avg
-155.30%
3Y Avg
-94.59%
5Y Avg
-73.98%
Market Cap
$35.03M
Return on Invested Capital (ROIC)
-89.44%
TTM Avg
-27.62%
3Y Avg
-11.28%
5Y Avg
-9.71%
Market Cap
$36.08M
Return on Invested Capital (ROIC)
-166.02%
TTM Avg
-208.81%
3Y Avg
-185.70%
5Y Avg
-165.34%
Market Cap
$32.91M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-107.47%
3Y Avg
-107.47%
5Y Avg
-107.47%
Market Cap
$34.04M
Return on Invested Capital (ROIC)
-79.27%
TTM Avg
-43.87%
3Y Avg
-333.47%
5Y Avg
-212.56%
Market Cap
$33.85M
Return on Invested Capital (ROIC)
-52.61%
TTM Avg
-25.54%
3Y Avg
-42.13%
5Y Avg
-36.31%
Market Cap
$33.63M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-121.47%
3Y Avg
-115.97%
5Y Avg
-115.97%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| QT Imaging Holdings, Inc. (QTI) | $35.39M | -22.79% | -62.33% | -74.63% | N/A |
| Elicio Therapeutics, Inc. (ELTX)vs › | $35.66M | -171.36% | -234.34% | -204.54% | -189.00% |
| BriaCell Therapeutics Corp. (BCTX)vs › | $35.06M | -164.58% | -155.30% | -94.59% | -73.98% |
| DocGo Inc. (DCGO)vs › | $35.03M | -89.44% | -27.62% | -11.28% | -9.71% |
| Edesa Biotech, Inc. (EDSA)vs › | $36.08M | -166.02% | -208.81% | -185.70% | -165.34% |
| EUDA Health Holdings Limited (EUDA)vs › | $32.91M | N/A | -107.47% | -107.47% | -107.47% |
| Elutia Inc (ELUT)vs › | $34.04M | -79.27% | -43.87% | -333.47% | -212.56% |
| Grace Therapeutics, Inc. (GRCE)vs › | $33.85M | -52.61% | -25.54% | -42.13% | -36.31% |
| Scilex Holding Company (SCLX)vs › | $33.63M | N/A | -121.47% | -115.97% | -115.97% |
| Aligos Therapeutics, Inc. (ALGS)vs › | $33.00M | -207.97% | -157.56% | -117.52% | -96.17% |
ROIC
-22.8%
ROE
-819.3%
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 | -22.79% |
| 2026-03-31 | -29.31% |
| 2025-12-31 | -28.41% |
| 2025-09-30 | -119.52% |
| 2025-06-30 | -111.60% |
| 2025-03-31 | -126.03% |
| 2024-12-31 | -952.07% |
| 2024-09-30 | -453.19% |
| 2024-06-30 | -188.96% |
| 2024-03-31 | -102.52% |
| 2023-12-31 | -36.32% |
| 2023-09-30 | -34.47% |
| 2023-06-30 | -21.04% |
| 2023-03-31 | -19.56% |
| 2022-12-31 | -10.86% |
| 2022-09-30 | -9.00% |
| 2022-06-30 | -1.13% |
