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 -4.70% is 81% above its 5-year average of -25.09%, near the high end of its 5-year range (-185.26%–-3.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.32% above its 12-month average of -4.76%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -4.70%.
RETURN ON INVESTED CAPITAL (ROIC)
-4.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-4.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-22.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-25.09%
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
+1.32%
CURRENT VS 3Y AVG
+78.72%
CURRENT VS 5Y AVG
+81.26%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-157.54%
vs the sector median at left
Quantum Computing, Inc.
Market Cap
$1.88B
Return on Invested Capital (ROIC)
-4.70%
TTM Avg
-4.76%
3Y Avg
-22.09%
5Y Avg
-25.09%
Market Cap
$1.75B
Return on Invested Capital (ROIC)
-1.90%
TTM Avg
-11.84%
3Y Avg
-11.84%
5Y Avg
-11.84%
Market Cap
$1.69B
Return on Invested Capital (ROIC)
-61.51%
TTM Avg
-52.50%
3Y Avg
-42.26%
5Y Avg
-32.31%
Market Cap
$2.09B
Return on Invested Capital (ROIC)
-19.86%
TTM Avg
-14.52%
3Y Avg
-35.29%
5Y Avg
-25.00%
Market Cap
$2.12B
Return on Invested Capital (ROIC)
3.87%
TTM Avg
-0.56%
3Y Avg
-3.25%
5Y Avg
-4.81%
Market Cap
$2.12B
Return on Invested Capital (ROIC)
-46.98%
TTM Avg
-53.44%
3Y Avg
-54.44%
5Y Avg
-51.23%
Market Cap
$2.18B
Return on Invested Capital (ROIC)
-2.29%
TTM Avg
-2.83%
3Y Avg
0.50%
5Y Avg
2.30%
Market Cap
$1.42B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
-4.41%
3Y Avg
-11.76%
5Y Avg
-12.49%
Market Cap
$2.48B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.88%
3Y Avg
-11.48%
5Y Avg
-9.39%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Quantum Computing, Inc. (QUBT) | $1.88B | -4.70% | -4.76% | -22.09% | -25.09% |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.75B | -1.90% | -11.84% | -11.84% | -11.84% |
| C3.ai, Inc. (AI)vs › | $1.69B | -61.51% | -52.50% | -42.26% | -32.31% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.09B | -19.86% | -14.52% | -35.29% | -25.00% |
| nCino, Inc. (NCNO)vs › | $2.12B | 3.87% | -0.56% | -3.25% | -4.81% |
| Asana, Inc. (ASAN)vs › | $2.12B | -46.98% | -53.44% | -54.44% | -51.23% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.18B | -2.29% | -2.83% | 0.50% | 2.30% |
| PagerDuty, Inc. (PD)vs › | $1.42B | 4.77% | -4.41% | -11.76% | -12.49% |
| Bitdeer Technologies Group (BTDR)vs › | $2.48B | -8.92% | -10.88% | -11.48% | -9.39% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.13B | -8.52% | 2.02% | 1.95% | 1.89% |
ROIC
-4.7%
ROE
-0.9%
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 | -4.70% |
| 2026-03-31 | -3.95% |
| 2025-12-31 | -3.18% |
| 2025-09-30 | -4.22% |
| 2025-06-30 | -7.77% |
| 2025-03-31 | -11.69% |
| 2024-12-31 | -17.41% |
| 2024-09-30 | -33.52% |
| 2024-06-30 | -35.73% |
| 2024-03-31 | -36.52% |
| 2023-12-31 | -38.58% |
| 2023-09-30 | -44.19% |
| 2023-06-30 | -45.69% |
| 2023-03-31 | -42.19% |
| 2022-12-31 | -49.13% |
| 2022-09-30 | -24.91% |
| 2022-06-30 | -23.10% |
| 2022-03-31 | -166.69% |
| 2021-12-31 | -105.73% |
| 2021-09-30 | -179.68% |
| 2021-06-30 | -185.26% |
| 2021-03-31 | -138.58% |
| 2020-12-31 | -117.24% |
| 2020-09-30 | -497.72% |
| 2019-09-30 | -9113.14% |
| 2019-06-30 | -6142.06% |
| 2019-03-31 | -2772.54% |
| 2018-12-31 | -1808.97% |
