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 -160.45% is in line with its 5-year average of -167.89%, around the middle of its 5-year range (-741.28%–98.27%).
As of the fiscal period ended Tuesday, June 30, 2026. 47.58% below its 12-month average of -108.72%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -160.45%.
RETURN ON INVESTED CAPITAL (ROIC)
-160.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-108.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-237.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-167.89%
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
-47.58%
CURRENT VS 3Y AVG
+32.54%
CURRENT VS 5Y AVG
+4.43%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
4.18%
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
-3938.61%
vs the sector median at left
TMC the metals company inc.
Market Cap
$1.60B
Return on Invested Capital (ROIC)
-160.45%
TTM Avg
-108.72%
3Y Avg
-237.87%
5Y Avg
-167.89%
Market Cap
$1.78B
Return on Invested Capital (ROIC)
-34.31%
TTM Avg
-25.02%
3Y Avg
-24.07%
5Y Avg
-35.59%
Market Cap
$1.82B
Return on Invested Capital (ROIC)
-4.24%
TTM Avg
-16.89%
3Y Avg
-19.35%
5Y Avg
-11.99%
Market Cap
$1.17B
Return on Invested Capital (ROIC)
0.89%
TTM Avg
0.27%
3Y Avg
-0.77%
5Y Avg
0.55%
Market Cap
$2.05B
Return on Invested Capital (ROIC)
-0.28%
TTM Avg
8.39%
3Y Avg
7.69%
5Y Avg
7.19%
Market Cap
$1.14B
Return on Invested Capital (ROIC)
-204.08%
TTM Avg
-54.89%
3Y Avg
-48.98%
5Y Avg
-39.20%
Market Cap
$1.13B
Return on Invested Capital (ROIC)
-36.72%
TTM Avg
-46.20%
3Y Avg
-119.77%
5Y Avg
-102.55%
Market Cap
$1.08B
Return on Invested Capital (ROIC)
7.53%
TTM Avg
-3.66%
3Y Avg
-15.55%
5Y Avg
-14.77%
Market Cap
$1.08B
Return on Invested Capital (ROIC)
-20.52%
TTM Avg
-30.34%
3Y Avg
-24.48%
5Y Avg
-106.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TMC the metals company inc. (TMC) | $1.60B | -160.45% | -108.72% | -237.87% | -167.89% |
| Hycroft Mining Holding Corporation (HYMC)vs › | $1.78B | -34.31% | -25.02% | -24.07% | -35.59% |
| USA Rare Earth Inc (USAR)vs › | $1.82B | -4.24% | -16.89% | -19.35% | -11.99% |
| Elemental Royalty Corporation Common Stock (ELE)vs › | $1.17B | 0.89% | 0.27% | -0.77% | 0.55% |
| Minerals Technologies Inc. (MTX)vs › | $2.05B | -0.28% | 8.39% | 7.69% | 7.19% |
| Evolution Metals & Technologies Corp. Common Stock (EMAT)vs › | $1.14B | -204.08% | -54.89% | -48.98% | -39.20% |
| Collective Mining Ltd. (CNL)vs › | $1.13B | -36.72% | -46.20% | -119.77% | -102.55% |
| Sigma Lithium Corporation (SGML)vs › | $1.08B | 7.53% | -3.66% | -15.55% | -14.77% |
| Critical Metals Corp. (CRML)vs › | $1.08B | -20.52% | -30.34% | -24.48% | -106.63% |
| Green Plains Inc. (GPRE)vs › | $1.06B | 9.19% | -4.67% | -4.65% | -4.38% |
ROIC
-160.5%
ROE
N/A
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 | -160.45% |
| 2026-03-31 | -121.58% |
| 2025-12-31 | -114.58% |
| 2025-09-30 | -86.73% |
| 2025-06-30 | -60.27% |
| 2025-03-31 | -387.84% |
| 2024-12-31 | -401.54% |
| 2024-09-30 | -741.28% |
| 2024-06-30 | -396.95% |
| 2024-03-31 | -288.73% |
| 2023-12-31 | -192.72% |
| 2023-06-30 | 98.27% |
| 2023-03-31 | 75.21% |
| 2021-09-30 | -107.28% |
| 2021-06-30 | -205.31% |
| 2021-03-31 | -159.45% |
| 2020-12-31 | -119.98% |
