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 -53.70% is 85% above its 3-year average of -350.43%, near the high end of its 3-year range (-3036.71%–-21.57%).
As of the fiscal period ended Tuesday, June 30, 2026. 41.08% below its 12-month average of -38.06%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -53.70%.
RETURN ON INVESTED CAPITAL (ROIC)
-53.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-38.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-350.43%
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
-41.08%
CURRENT VS 3Y AVG
+84.68%
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 · INDUSTRIALS
3.16%
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
-1799.33%
vs the sector median at left
Serve Robotics Inc.
Market Cap
$375.65M
Return on Invested Capital (ROIC)
-53.70%
TTM Avg
-38.06%
3Y Avg
-350.43%
5Y Avg
N/A
Market Cap
$378.03M
Return on Invested Capital (ROIC)
-19.50%
TTM Avg
6.65%
3Y Avg
29.77%
5Y Avg
29.77%
Market Cap
$383.84M
Return on Invested Capital (ROIC)
-0.58%
TTM Avg
0.84%
3Y Avg
2.14%
5Y Avg
2.21%
Market Cap
$366.98M
Return on Invested Capital (ROIC)
9.61%
TTM Avg
8.79%
3Y Avg
9.22%
5Y Avg
9.60%
Market Cap
$384.67M
Return on Invested Capital (ROIC)
5.30%
TTM Avg
6.60%
3Y Avg
3.66%
5Y Avg
3.60%
Market Cap
$366.38M
Return on Invested Capital (ROIC)
11.84%
TTM Avg
9.59%
3Y Avg
7.56%
5Y Avg
7.37%
Market Cap
$397.84M
Return on Invested Capital (ROIC)
0.55%
TTM Avg
2.48%
3Y Avg
5.61%
5Y Avg
4.20%
Market Cap
$355.07M
Return on Invested Capital (ROIC)
14.98%
TTM Avg
17.64%
3Y Avg
17.64%
5Y Avg
17.64%
Market Cap
$350.74M
Return on Invested Capital (ROIC)
-14.75%
TTM Avg
-18.95%
3Y Avg
-54.94%
5Y Avg
-70.85%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Serve Robotics Inc. (SERV) | $375.65M | -53.70% | -38.06% | -350.43% | N/A |
| Phoenix Asia Holdings Limited Ordinary Shares (PHOE)vs › | $378.03M | -19.50% | 6.65% | 29.77% | 29.77% |
| Xerox Holdings Corporation (XRX)vs › | $383.84M | -0.58% | 0.84% | 2.14% | 2.21% |
| Energy Recovery, Inc. (ERII)vs › | $366.98M | 9.61% | 8.79% | 9.22% | 9.60% |
| L.B. Foster Company (FSTR)vs › | $384.67M | 5.30% | 6.60% | 3.66% | 3.60% |
| Seanergy Maritime Holdings Corp. (SHIP)vs › | $366.38M | 11.84% | 9.59% | 7.56% | 7.37% |
| Montauk Renewables, Inc. (MNTK)vs › | $397.84M | 0.55% | 2.48% | 5.61% | 4.20% |
| Innovative Aerosystems, Inc. (IA)vs › | $355.07M | 14.98% | 17.64% | 17.64% | 17.64% |
| X-Energy, Inc. Class A Common Stock (XE)vs › | $350.74M | -14.75% | -18.95% | -54.94% | -70.85% |
| Deep Fission, Inc. (FISN)vs › | $347.52M | -72.19% | -95.95% | -95.95% | -95.95% |
ROIC
-53.7%
ROE
-51.3%
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 | -53.70% |
| 2026-03-31 | -46.31% |
| 2025-12-31 | -31.65% |
| 2025-09-30 | -30.05% |
| 2025-06-30 | -28.60% |
| 2025-03-31 | -21.57% |
| 2024-12-31 | -28.83% |
| 2024-09-30 | -56.00% |
| 2024-06-30 | -98.01% |
| 2023-09-30 | -423.28% |
| 2023-06-30 | -3036.71% |
