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 -1.53% is 14% above its 5-year average of -1.78%, near the high end of its 5-year range (-17.42%–2.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 337.50% below its 12-month average of 0.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -1.53%.
RETURN ON INVESTED CAPITAL (ROIC)
-1.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
0.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-0.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-1.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-6.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-6.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-6.14%
CURRENT VS TTM AVG
-337.50%
CURRENT VS 3Y AVG
-891.26%
CURRENT VS 5Y AVG
+14.00%
CURRENT VS 10Y AVG
+76.01%
CURRENT VS 15Y AVG
+77.06%
CURRENT VS 20Y AVG
+75.03%
SECTOR MEDIAN · TECHNOLOGY
0.38%
median of 608 covered companies
CURRENT VS SECTOR MEDIAN
-508.77%
vs the sector median at left
Ribbon Communications Inc.
Market Cap
$316.52M
Return on Invested Capital (ROIC)
-1.53%
TTM Avg
0.65%
3Y Avg
-0.15%
5Y Avg
-1.78%
Market Cap
$315.51M
Return on Invested Capital (ROIC)
-22.05%
TTM Avg
-22.05%
3Y Avg
-51.83%
5Y Avg
-26.16%
Market Cap
$310.52M
Return on Invested Capital (ROIC)
2.87%
TTM Avg
-23.07%
3Y Avg
-11.35%
5Y Avg
-7.32%
Market Cap
$324.72M
Return on Invested Capital (ROIC)
-3.84%
TTM Avg
-32.39%
3Y Avg
-29.11%
5Y Avg
-22.92%
Market Cap
$307.67M
Return on Invested Capital (ROIC)
4.04%
TTM Avg
2.47%
3Y Avg
-0.97%
5Y Avg
-8.60%
Market Cap
$326.98M
Return on Invested Capital (ROIC)
-2.85%
TTM Avg
-7.13%
3Y Avg
-5.77%
5Y Avg
-5.74%
Market Cap
$330.50M
Return on Invested Capital (ROIC)
-15.97%
TTM Avg
-12.85%
3Y Avg
-12.37%
5Y Avg
-10.14%
Market Cap
$301.98M
Return on Invested Capital (ROIC)
-15.77%
TTM Avg
-33.03%
3Y Avg
-53.74%
5Y Avg
-38.63%
Market Cap
$332.22M
Return on Invested Capital (ROIC)
-83.01%
TTM Avg
-187.50%
3Y Avg
-174.03%
5Y Avg
-174.03%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ribbon Communications Inc. (RBBN) | $316.52M | -1.53% | 0.65% | -0.15% | -1.78% |
| Currenc Group, Inc. (CURR)vs › | $315.51M | -22.05% | -22.05% | -51.83% | -26.16% |
| Amtech Systems, Inc. (ASYS)vs › | $310.52M | 2.87% | -23.07% | -11.35% | -7.32% |
| Telos Corporation (TLS)vs › | $324.72M | -3.84% | -32.39% | -29.11% | -22.92% |
| 8x8, Inc. (EGHT)vs › | $307.67M | 4.04% | 2.47% | -0.97% | -8.60% |
| Lantronix, Inc. (LTRX)vs › | $326.98M | -2.85% | -7.13% | -5.77% | -5.74% |
| Nano Dimension Ltd. (NNDM)vs › | $330.50M | -15.97% | -12.85% | -12.37% | -10.14% |
| Gorilla Technology Group Inc. (GRRR)vs › | $301.98M | -15.77% | -33.03% | -53.74% | -38.63% |
| Kodiak AI, Inc. Common Stock (KDK)vs › | $332.22M | -83.01% | -187.50% | -174.03% | -174.03% |
| New Era Energy & Digital, Inc. (NUAI)vs › | $335.62M | -19.22% | -192.66% | -130.50% | -130.50% |
ROIC
-1.5%
ROE
4.0%
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 | -1.53% |
| 2026-03-31 | -0.44% |
| 2025-12-31 | 0.68% |
| 2025-09-30 | 2.51% |
| 2025-06-30 | 2.02% |
| 2025-03-31 | 1.51% |
| 2024-12-31 | 2.60% |
| 2024-09-30 | 1.10% |
| 2024-06-30 | 1.30% |
| 2024-03-31 | 0.53% |
| 2023-12-31 | -2.45% |
| 2023-09-30 | -4.75% |
| 2023-06-30 | -5.09% |
| 2023-03-31 | -5.12% |
| 2022-12-31 | -4.41% |
| 2022-09-30 | -17.23% |
| 2022-06-30 | -17.42% |
| 2022-03-31 | -14.54% |
| 2021-12-31 | -11.51% |
| 2021-09-30 | 1.43% |
| 2021-06-30 | 2.30% |
| 2021-03-31 | 1.42% |
| 2020-12-31 | 0.13% |
| 2020-09-30 | -14.91% |
| 2020-06-30 | -15.75% |
| 2020-03-31 | -16.32% |
| 2019-12-31 | -30.62% |
| 2019-09-30 | -3.68% |
| 2019-06-30 | -3.49% |
| 2019-03-31 | -8.08% |
| 2018-12-31 | -9.05% |
| 2018-09-30 | -14.13% |
| 2018-06-30 | -14.08% |
| 2018-03-31 | -13.20% |
| 2017-12-31 | -8.03% |
| 2017-09-30 | -9.99% |
| 2017-06-30 | -14.16% |
| 2017-03-31 | -9.12% |
| 2016-12-31 | -5.89% |
| 2016-09-30 | -2.81% |
| 2016-06-30 | -1.68% |
| 2016-03-31 | -6.94% |
| 2015-12-31 | -13.26% |
| 2015-09-30 | -16.34% |
| 2015-06-30 | -18.02% |
| 2015-03-31 | -12.89% |
| 2014-12-31 | -6.76% |
| 2014-09-30 | -5.93% |
| 2014-06-30 | -5.25% |
| 2014-03-31 | -5.07% |
| 2013-12-31 | -6.38% |
| 2013-09-30 | -10.54% |
| 2013-06-30 | -12.61% |
| 2013-03-31 | -14.47% |
| 2012-12-31 | -12.26% |
| 2012-09-30 | -6.97% |
| 2012-06-30 | -2.96% |
| 2012-03-31 | -1.70% |
| 2011-12-31 | -2.91% |
| 2011-09-30 | -1.31% |
| 2011-06-30 | -6.96% |
| 2011-03-31 | -5.29% |
| 2010-12-31 | -2.48% |
| 2010-09-30 | -3.47% |
| 2010-06-30 | 0.81% |
| 2010-03-31 | 1.33% |
| 2009-12-31 | -2.58% |
| 2009-09-30 | -7.94% |
| 2009-06-30 | -15.47% |
| 2009-03-31 | -15.19% |
| 2008-12-31 | -11.47% |
| 2008-09-30 | -1.35% |
| 2008-06-30 | -4.76% |
| 2008-03-31 | -8.51% |
| 2007-12-31 | -10.09% |
| 2007-09-30 | -15.19% |
| 2007-06-30 | -2.51% |
| 2007-03-31 | 1.88% |
| 2006-12-31 | 4.79% |
| 2006-09-30 | 5.74% |
| 2006-06-30 | 1.55% |
| 2006-03-31 | 2.28% |
| 2005-12-31 | -0.12% |
| 2005-09-30 | 0.53% |
| 2005-06-30 | 5.29% |
| 2005-03-31 | 4.38% |
| 2004-12-31 | 6.89% |
| 2004-09-30 | 2.43% |
| 2004-06-30 | -0.45% |
| 2004-03-31 | -3.29% |
| 2003-12-31 | -6.06% |
| 2003-09-30 | -8.00% |
| 2003-06-30 | -35.31% |