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 -64.56% is in line with its 5-year average of -64.62%, around the middle of its 5-year range (-146.09%–-6.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 46.47% above its 12-month average of -120.62%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -64.56%.
RETURN ON INVESTED CAPITAL (ROIC)
-64.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-120.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-90.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-64.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-53.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-67.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-44.14%
CURRENT VS TTM AVG
+46.47%
CURRENT VS 3Y AVG
+28.58%
CURRENT VS 5Y AVG
+0.09%
CURRENT VS 10Y AVG
-20.71%
CURRENT VS 15Y AVG
+3.95%
CURRENT VS 20Y AVG
-46.27%
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
-15114.37%
vs the sector median at left
Smith Micro Software, Inc.
Market Cap
$11.69M
Return on Invested Capital (ROIC)
-64.56%
TTM Avg
-120.62%
3Y Avg
-90.39%
5Y Avg
-64.62%
Market Cap
$11.77M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-56.76%
3Y Avg
-56.76%
5Y Avg
-56.76%
Market Cap
$11.52M
Return on Invested Capital (ROIC)
5.57%
TTM Avg
5.13%
3Y Avg
7.32%
5Y Avg
11.14%
Market Cap
$11.35M
Return on Invested Capital (ROIC)
-10.86%
TTM Avg
-9.55%
3Y Avg
-20.69%
5Y Avg
-21.50%
Market Cap
$11.16M
Return on Invested Capital (ROIC)
-14.48%
TTM Avg
-20.61%
3Y Avg
-31.17%
5Y Avg
-25.21%
Market Cap
$11.16M
Return on Invested Capital (ROIC)
-4.32%
TTM Avg
-9.86%
3Y Avg
-11.50%
5Y Avg
-8.77%
Market Cap
$11.17M
Return on Invested Capital (ROIC)
-670.05%
TTM Avg
-290.71%
3Y Avg
-150.71%
5Y Avg
-104.28%
Market Cap
$11.11M
Return on Invested Capital (ROIC)
10.81%
TTM Avg
26.46%
3Y Avg
57.66%
5Y Avg
57.66%
Market Cap
$11.09M
Return on Invested Capital (ROIC)
-33.85%
TTM Avg
-18.46%
3Y Avg
-8.75%
5Y Avg
-8.16%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Smith Micro Software, Inc. (SMSI) | $11.69M | -64.56% | -120.62% | -90.39% | -64.62% |
| House of Doge Inc. (HODO)vs › | $11.77M | N/A | -56.76% | -56.76% | -56.76% |
| Wetouch Technology Inc. (WETH)vs › | $11.52M | 5.57% | 5.13% | 7.32% | 11.14% |
| Cheche Group Inc. (CCG)vs › | $11.35M | -10.86% | -9.55% | -20.69% | -21.50% |
| Bridgeline Digital, Inc. (BLIN)vs › | $11.16M | -14.48% | -20.61% | -31.17% | -25.21% |
| Upland Software, Inc. (UPLD)vs › | $11.16M | -4.32% | -9.86% | -11.50% | -8.77% |
| ClearOne, Inc. (CLRO)vs › | $11.17M | -670.05% | -290.71% | -150.71% | -104.28% |
| Helport AI Limited (HPAI)vs › | $11.11M | 10.81% | 26.46% | 57.66% | 57.66% |
| Quhuo Limited (QH)vs › | $11.09M | -33.85% | -18.46% | -8.75% | -8.16% |
| Alpha Modus Holdings, Inc. (AMOD)vs › | $12.30M | N/A | -0.03% | -0.03% | -0.03% |
ROIC
-64.6%
ROE
-90.2%
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 | -64.56% |
| 2026-03-31 | -122.51% |
| 2025-12-31 | -146.09% |
| 2025-09-30 | -136.40% |
| 2025-06-30 | -133.54% |
| 2025-03-31 | -61.42% |
| 2024-12-31 | -116.49% |
| 2024-09-30 | -127.31% |
| 2024-06-30 | -101.88% |
| 2024-03-31 | -88.23% |
| 2023-12-31 | -23.17% |
| 2023-09-30 | -23.34% |
| 2023-06-30 | -30.17% |
| 2023-03-31 | -35.16% |
| 2022-12-31 | -33.66% |
| 2022-09-30 | -27.75% |
| 2022-06-30 | -27.19% |
| 2022-03-31 | -21.75% |
| 2021-12-31 | -17.19% |
| 2021-09-30 | -12.65% |
| 2021-06-30 | -6.55% |
| 2021-03-31 | -1.38% |
| 2020-12-31 | 5.25% |
| 2020-09-30 | 11.06% |
| 2020-06-30 | 16.40% |
| 2020-03-31 | 20.10% |
| 2019-12-31 | 18.08% |
| 2019-09-30 | 13.91% |
| 2019-06-30 | 10.21% |
| 2019-03-31 | 3.03% |
| 2018-12-31 | -5.56% |
| 2018-09-30 | -13.96% |
| 2018-06-30 | -19.71% |
| 2018-03-31 | -45.39% |
| 2017-12-31 | -56.40% |
| 2017-09-30 | -82.66% |
| 2017-06-30 | -142.77% |
| 2017-03-31 | -177.77% |
| 2016-12-31 | -180.74% |
| 2016-09-30 | -123.62% |
| 2016-06-30 | -83.97% |
| 2016-03-31 | -45.40% |
| 2015-12-31 | -14.70% |
| 2015-09-30 | -10.07% |
| 2015-06-30 | -11.86% |
| 2015-03-31 | -34.60% |
| 2014-12-31 | -63.32% |
| 2014-09-30 | -74.20% |
| 2014-06-30 | -187.86% |
| 2014-03-31 | -154.04% |
| 2013-12-31 | -128.20% |
| 2013-09-30 | -146.65% |
| 2013-06-30 | -70.14% |
| 2013-03-31 | -58.00% |
| 2012-12-31 | -58.50% |
| 2012-09-30 | -69.01% |
| 2012-06-30 | -293.30% |
| 2012-03-31 | -272.55% |
| 2011-12-31 | -242.15% |
| 2011-09-30 | -191.94% |
| 2011-06-30 | -6.75% |
| 2011-03-31 | 1.14% |
| 2010-12-31 | 5.57% |
| 2010-09-30 | 4.42% |
| 2010-06-30 | 4.06% |
| 2010-03-31 | 3.88% |
| 2009-12-31 | 3.23% |
| 2009-09-30 | 3.16% |
| 2009-06-30 | 2.60% |
| 2009-03-31 | 1.63% |
| 2008-12-31 | 0.90% |
| 2008-09-30 | 0.24% |
| 2008-06-30 | 0.29% |
| 2008-03-31 | 0.37% |
| 2007-12-31 | 1.83% |
| 2007-09-30 | 3.03% |
| 2007-06-30 | 4.08% |
| 2007-03-31 | 5.23% |
| 2006-12-31 | 6.13% |
| 2006-09-30 | 11.59% |
| 2006-06-30 | 11.98% |
| 2006-03-31 | 13.79% |
| 2005-12-31 | 10.45% |
| 2005-09-30 | 0.84% |
| 2005-06-30 | -1.09% |
| 2005-03-31 | -0.86% |
| 2004-12-31 | 0.54% |
| 2004-09-30 | 18.64% |
| 2004-06-30 | -0.38% |
| 2004-03-31 | -9.29% |
| 2003-12-31 | -15.83% |
| 2003-09-30 | -14.53% |
| 2003-06-30 | -14.03% |
