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 1.41% is 43% below its 5-year average of 2.47%, near the low end of its 5-year range (1.18%–4.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.49% below its 12-month average of 1.59%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 1.41%.
RETURN ON INVESTED CAPITAL (ROIC)
1.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
3.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.71%
CURRENT VS TTM AVG
-11.49%
CURRENT VS 3Y AVG
-40.98%
CURRENT VS 5Y AVG
-43.11%
CURRENT VS 10Y AVG
-50.59%
CURRENT VS 15Y AVG
-56.81%
CURRENT VS 20Y AVG
-70.15%
SECTOR MEDIAN · HEALTHCARE
-35.17%
median of 798 covered companies
CURRENT VS SECTOR MEDIAN
+104.00%
vs the sector median at left
RadNet, Inc.
Market Cap
$5.53B
Return on Invested Capital (ROIC)
1.41%
TTM Avg
1.59%
3Y Avg
2.38%
5Y Avg
2.47%
Market Cap
$5.49B
Return on Invested Capital (ROIC)
0.43%
TTM Avg
-2.29%
3Y Avg
-2.17%
5Y Avg
-2.17%
Market Cap
$5.61B
Return on Invested Capital (ROIC)
-24.33%
TTM Avg
-20.36%
3Y Avg
-23.88%
5Y Avg
-23.64%
Market Cap
$5.74B
Return on Invested Capital (ROIC)
9.76%
TTM Avg
-0.67%
3Y Avg
-1.10%
5Y Avg
-22.88%
Market Cap
$5.30B
Return on Invested Capital (ROIC)
15.35%
TTM Avg
17.38%
3Y Avg
14.85%
5Y Avg
17.21%
Market Cap
$5.77B
Return on Invested Capital (ROIC)
-115.23%
TTM Avg
-66.98%
3Y Avg
-62.66%
5Y Avg
-49.24%
Market Cap
$5.28B
Return on Invested Capital (ROIC)
4.59%
TTM Avg
5.84%
3Y Avg
-12.63%
5Y Avg
-15.96%
Market Cap
$5.26B
Return on Invested Capital (ROIC)
8.80%
TTM Avg
6.38%
3Y Avg
6.96%
5Y Avg
7.04%
Market Cap
$5.22B
Return on Invested Capital (ROIC)
-21.12%
TTM Avg
-24.05%
3Y Avg
-22.50%
5Y Avg
-16.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RadNet, Inc. (RDNT) | $5.53B | 1.41% | 1.59% | 2.38% | 2.47% |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.49B | 0.43% | -2.29% | -2.17% | -2.17% |
| CG Oncology Inc. (CGON)vs › | $5.61B | -24.33% | -20.36% | -23.88% | -23.64% |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.74B | 9.76% | -0.67% | -1.10% | -22.88% |
| Doximity, Inc. (DOCS)vs › | $5.30B | 15.35% | 17.38% | 14.85% | 17.21% |
| Kodiak Sciences Inc. (KOD)vs › | $5.77B | -115.23% | -66.98% | -62.66% | -49.24% |
| PTC Therapeutics, Inc. (PTCT)vs › | $5.28B | 4.59% | 5.84% | -12.63% | -15.96% |
| Sotera Health Company (SHC)vs › | $5.26B | 8.80% | 6.38% | 6.96% | 7.04% |
| CRISPR Therapeutics AG (CRSP)vs › | $5.22B | -21.12% | -24.05% | -22.50% | -16.04% |
| Ligand Pharmaceuticals Incorporated (LGND)vs › | $5.89B | 3.91% | 0.53% | 0.65% | 2.31% |
ROIC
1.4%
ROE
-1.9%
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 | 1.41% |
| 2026-03-31 | 1.72% |
| 2025-12-31 | 1.28% |
| 2025-09-30 | 1.67% |
| 2025-06-30 | 1.87% |
| 2025-03-31 | 1.33% |
| 2024-12-31 | 3.20% |
| 2024-09-30 | 3.12% |
| 2024-06-30 | 3.41% |
| 2024-03-31 | 3.64% |
| 2023-12-31 | 3.40% |
| 2023-09-30 | 3.11% |
| 2023-06-30 | 1.83% |
| 2023-03-31 | 1.45% |
| 2022-12-31 | 1.83% |
| 2022-09-30 | 1.18% |
| 2022-06-30 | 2.26% |
| 2022-03-31 | 2.65% |
| 2021-12-31 | 3.67% |
| 2021-09-30 | 4.20% |
| 2021-06-30 | 3.71% |
| 2021-03-31 | 2.95% |
| 2020-12-31 | 2.50% |
| 2020-09-30 | 2.65% |
| 2020-06-30 | 2.22% |
| 2020-03-31 | 2.86% |
| 2019-12-31 | 3.88% |
| 2019-09-30 | 3.12% |
| 2019-06-30 | 3.05% |
| 2019-03-31 | 2.83% |
| 2018-12-31 | 3.36% |
| 2018-09-30 | 3.71% |
| 2018-06-30 | 3.22% |
| 2018-03-31 | 3.10% |
| 2017-12-31 | 3.87% |
| 2017-09-30 | 4.35% |
| 2017-06-30 | 4.17% |
| 2017-03-31 | 3.65% |
| 2016-12-31 | 3.44% |
| 2016-09-30 | 2.60% |
| 2016-06-30 | 3.27% |
| 2016-03-31 | 3.68% |
| 2015-12-31 | 3.28% |
| 2015-09-30 | 3.88% |
| 2015-06-30 | 3.93% |
| 2015-03-31 | 5.16% |
| 2014-12-31 | 4.68% |
| 2014-09-30 | 4.50% |
| 2014-06-30 | 7.22% |
| 2014-03-31 | 6.74% |
| 2013-12-31 | 3.95% |
| 2013-09-30 | 6.00% |
| 2013-06-30 | 6.84% |
| 2013-03-31 | 6.97% |
| 2012-12-31 | 7.52% |
| 2012-09-30 | 10.03% |
| 2012-06-30 | 7.82% |
| 2012-03-31 | 8.56% |
| 2011-12-31 | 7.25% |
| 2011-09-30 | 9.82% |
| 2011-06-30 | 10.14% |
| 2011-03-31 | 9.34% |
| 2010-12-31 | 8.69% |
| 2010-09-30 | 8.26% |
| 2010-06-30 | 7.73% |
| 2010-03-31 | 8.47% |
| 2009-12-31 | 9.99% |
| 2009-09-30 | 9.01% |
| 2009-06-30 | 9.18% |
| 2009-03-31 | 8.60% |
| 2008-12-31 | 8.26% |
| 2008-09-30 | 5.18% |
| 2008-06-30 | 4.86% |
| 2008-03-31 | 5.34% |
| 2007-12-31 | 5.79% |
| 2006-10-31 | 15.63% |
| 2006-07-31 | 17.20% |
| 2006-04-30 | 9.99% |
| 2006-01-31 | 9.52% |
| 2005-10-31 | 9.31% |
| 2005-07-31 | 6.78% |
| 2005-04-30 | 4.81% |
| 2005-01-31 | 4.39% |
| 2004-10-31 | 4.85% |
| 2004-07-31 | 5.67% |
| 2004-04-30 | 4.14% |
| 2004-01-31 | 5.83% |
| 2003-10-31 | 5.93% |
| 2003-07-31 | 6.94% |
| 2003-04-30 | 4.93% |
