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 -60.40% is 26% below its 4-year average of -47.95%, near the high end of its 4-year range (-506.71%–88.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 22.63% below its 12-month average of -49.26%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -60.40%.
RETURN ON INVESTED CAPITAL (ROIC)
-60.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-49.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-38.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-47.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-81.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-129.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-148.49%
CURRENT VS TTM AVG
-22.63%
CURRENT VS 3Y AVG
-56.58%
CURRENT VS 5Y AVG
-25.97%
CURRENT VS 10Y AVG
+25.49%
CURRENT VS 15Y AVG
+53.18%
CURRENT VS 20Y AVG
+59.32%
SECTOR MEDIAN · HEALTHCARE
-35.66%
median of 837 covered companies
CURRENT VS SECTOR MEDIAN
-69.39%
vs the sector median at left
Tenax Therapeutics, Inc.
Market Cap
$51.19M
Return on Invested Capital (ROIC)
-60.40%
TTM Avg
-49.26%
3Y Avg
-38.58%
5Y Avg
-47.95%
Market Cap
$51.23M
Return on Invested Capital (ROIC)
-157.40%
TTM Avg
-135.65%
3Y Avg
-123.35%
5Y Avg
-111.97%
Market Cap
$51.12M
Return on Invested Capital (ROIC)
-38.04%
TTM Avg
-22.77%
3Y Avg
-89.18%
5Y Avg
-83.00%
Market Cap
$51.88M
Return on Invested Capital (ROIC)
-40.53%
TTM Avg
-31.24%
3Y Avg
-37.98%
5Y Avg
-33.19%
Market Cap
$51.99M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-690.86%
3Y Avg
-402.79%
5Y Avg
-302.68%
Market Cap
$50.28M
Return on Invested Capital (ROIC)
13.63%
TTM Avg
32.98%
3Y Avg
9.79%
5Y Avg
24.14%
Market Cap
$50.27M
Return on Invested Capital (ROIC)
-208.76%
TTM Avg
-1171.68%
3Y Avg
-1173.13%
5Y Avg
-939.08%
Market Cap
$52.60M
Return on Invested Capital (ROIC)
-17.88%
TTM Avg
-7.19%
3Y Avg
2.05%
5Y Avg
4.26%
Market Cap
$49.71M
Return on Invested Capital (ROIC)
-96.37%
TTM Avg
-130.40%
3Y Avg
-89.09%
5Y Avg
-69.72%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenax Therapeutics, Inc. (TENX) | $51.19M | -60.40% | -49.26% | -38.58% | -47.95% |
| eXoZymes, Inc. (EXOZ)vs › | $51.23M | -157.40% | -135.65% | -123.35% | -111.97% |
| Dogwood Therapeutics, Inc. (DWTX)vs › | $51.12M | -38.04% | -22.77% | -89.18% | -83.00% |
| ImageneBio Inc (IMA)vs › | $51.88M | -40.53% | -31.24% | -37.98% | -33.19% |
| Eloxx Pharmaceuticals, Inc. (ELOX)vs › | $51.99M | N/A | -690.86% | -402.79% | -302.68% |
| biote Corp. (BTMD)vs › | $50.28M | 13.63% | 32.98% | 9.79% | 24.14% |
| Envoy Medical, Inc. (COCH)vs › | $50.27M | -208.76% | -1171.68% | -1173.13% | -939.08% |
| Zhengye Biotechnology Holding Limited (ZYBT)vs › | $52.60M | -17.88% | -7.19% | 2.05% | 4.26% |
| INmune Bio, Inc. (INMB)vs › | $49.71M | -96.37% | -130.40% | -89.09% | -69.72% |
| Spectral AI, Inc. (MDAI)vs › | $52.83M | -353.68% | -236.80% | -128.97% | -95.70% |
ROIC
-60.4%
ROE
-57.1%
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 | -60.40% |
| 2026-03-31 | -53.73% |
| 2025-12-31 | -58.09% |
| 2025-09-30 | -49.09% |
| 2025-06-30 | -24.97% |
| 2025-03-31 | -16.18% |
| 2024-12-31 | -11.15% |
| 2024-09-30 | -6.48% |
| 2024-06-30 | -96.16% |
| 2024-03-31 | -30.34% |
| 2023-12-31 | -17.76% |
| 2023-09-30 | -154.75% |
| 2023-06-30 | -124.83% |
| 2023-03-31 | -103.44% |
| 2022-12-31 | -506.71% |
| 2022-06-30 | 88.14% |
| 2020-12-31 | -114.57% |
| 2020-09-30 | -72.70% |
| 2020-06-30 | -170.91% |
| 2020-03-31 | -277.12% |
| 2019-12-31 | -223.21% |
| 2019-09-30 | -119.93% |
| 2019-06-30 | -83.23% |
| 2019-03-31 | -70.21% |
| 2018-12-31 | -58.56% |
| 2018-09-30 | -122.49% |
| 2018-06-30 | -93.13% |
| 2018-03-31 | -86.62% |
| 2017-12-31 | -103.65% |
| 2017-09-30 | -448.60% |
| 2017-06-30 | -433.05% |
| 2017-03-31 | -357.42% |
| 2016-12-31 | -307.16% |
| 2016-09-30 | -35.39% |
| 2015-10-31 | -21.03% |
| 2015-07-31 | -20.58% |
| 2015-04-30 | -18.88% |
| 2015-01-31 | -24.16% |
| 2014-10-31 | -22.76% |
| 2014-07-31 | -19.48% |
| 2014-04-30 | -18.21% |
| 2014-01-31 | -24.03% |
| 2013-10-31 | -209.52% |
| 2013-07-31 | -110.94% |
| 2013-04-30 | -214.81% |
| 2013-01-31 | -278.11% |
| 2012-10-31 | -276.66% |
| 2012-07-31 | -648.02% |
| 2012-04-30 | -762.53% |
| 2011-10-31 | -405.10% |
| 2011-07-31 | -253.93% |
| 2011-04-30 | -1350.02% |
| 2011-01-31 | -848.61% |
| 2010-10-31 | -632.05% |
| 2010-07-31 | -296.35% |
| 2010-04-30 | -463.55% |
| 2010-01-31 | -250.68% |
| 2009-10-31 | -120.84% |
| 2009-07-31 | -228.41% |
| 2009-04-30 | -255.77% |
| 2009-01-31 | -95.14% |
| 2008-10-31 | -72.89% |
| 2008-07-31 | -50.37% |
| 2008-04-30 | -28.38% |
| 2007-07-31 | -310.09% |
| 2007-04-30 | -142.13% |
| 2007-01-31 | -173.50% |
| 2006-10-31 | -544.74% |
| 2006-07-31 | -1019.45% |
| 2006-04-30 | -656.92% |
| 2006-01-31 | -346.75% |
| 2005-10-31 | -215.06% |
| 2005-07-31 | -142.29% |
| 2005-04-30 | -283.07% |
| 2005-01-31 | -172.24% |
| 2004-10-31 | -662.22% |
| 2004-07-31 | -250.04% |
| 2004-04-30 | -300.58% |
| 2004-01-31 | -181.02% |
| 2003-10-31 | -156.50% |
| 2003-07-31 | -515.69% |
