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 12.51% is 51% above its 5-year average of 8.29%, near the high end of its 5-year range (-0.55%–16.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.40% below its 12-month average of 12.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
12.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-2.40%
CURRENT VS 3Y AVG
+31.49%
CURRENT VS 5Y AVG
+50.86%
CURRENT VS 10Y AVG
+4.26%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.70%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
+86.74%
vs the sector median at left
The Trade Desk, Inc.
Market Cap
$6.59B
Return on Invested Capital (ROIC)
12.51%
TTM Avg
12.82%
3Y Avg
9.52%
5Y Avg
8.29%
Market Cap
$7.78B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
-2.04%
3Y Avg
-2.45%
5Y Avg
-0.69%
Market Cap
$5.06B
Return on Invested Capital (ROIC)
6.43%
TTM Avg
7.54%
3Y Avg
5.59%
5Y Avg
4.16%
Market Cap
$9.17B
Return on Invested Capital (ROIC)
-5.19%
TTM Avg
-9.98%
3Y Avg
-15.23%
5Y Avg
-15.20%
Market Cap
$9.60B
Return on Invested Capital (ROIC)
23.26%
TTM Avg
17.48%
3Y Avg
16.98%
5Y Avg
19.42%
Market Cap
$3.52B
Return on Invested Capital (ROIC)
0.21%
TTM Avg
0.14%
3Y Avg
-0.04%
5Y Avg
1.07%
Market Cap
$11.75B
Return on Invested Capital (ROIC)
-15.75%
TTM Avg
-5.76%
3Y Avg
-4.18%
5Y Avg
-4.18%
Market Cap
$12.81B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
Market Cap
$323.92M
Return on Invested Capital (ROIC)
3.76%
TTM Avg
-1.06%
3Y Avg
-3.43%
5Y Avg
-3.58%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Trade Desk, Inc. (TTD) | $6.59B | 12.51% | 12.82% | 9.52% | 8.29% |
| Zillow Group, Inc. Class C (Z)vs › | $7.78B | 0.23% | -2.04% | -2.45% | -0.69% |
| Iridium Communications Inc. (IRDM)vs › | $5.06B | 6.43% | 7.54% | 5.59% | 4.16% |
| Snap Inc. (SNAP)vs › | $9.17B | -5.19% | -9.98% | -15.23% | -15.20% |
| Match Group, Inc. (MTCH)vs › | $9.60B | 23.26% | 17.48% | 16.98% | 19.42% |
| Liberty Global plc (LBTYA)vs › | $3.52B | 0.21% | 0.14% | -0.04% | 1.07% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.75B | -15.75% | -5.76% | -4.18% | -4.18% |
| Pinterest, Inc. (PINS)vs › | $12.81B | 5.38% | 4.75% | 0.70% | 1.11% |
| Fiverr International Ltd. (FVRR)vs › | $323.92M | 3.76% | -1.06% | -3.43% | -3.58% |
| TKO Group Holdings, Inc. (TKO)vs › | $14.64B | 6.70% | 4.86% | 7.34% | 8.06% |
ROIC
12.5%
ROE
15.8%
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 | 12.51% |
| 2026-03-31 | 13.82% |
| 2025-12-31 | 13.38% |
| 2025-09-30 | 12.57% |
| 2025-06-30 | 11.81% |
| 2025-03-31 | 11.50% |
| 2024-12-31 | 10.22% |
| 2024-09-30 | 8.99% |
| 2024-06-30 | 7.79% |
| 2024-03-31 | 6.60% |
| 2023-12-31 | 5.63% |
| 2023-09-30 | 4.58% |
| 2023-06-30 | 4.30% |
| 2023-03-31 | 2.83% |
| 2022-12-31 | 2.66% |
| 2022-09-30 | -0.55% |
| 2022-06-30 | 1.80% |
| 2022-03-31 | 5.30% |
| 2021-12-31 | 7.04% |
| 2021-09-30 | 16.44% |
| 2021-06-30 | 14.95% |
| 2021-03-31 | 10.55% |
| 2020-12-31 | 11.28% |
| 2020-09-30 | 8.03% |
| 2020-06-30 | 6.22% |
| 2020-03-31 | 11.36% |
| 2019-12-31 | 13.10% |
| 2019-09-30 | 13.21% |
| 2019-06-30 | 16.97% |
| 2019-03-31 | 18.09% |
| 2018-12-31 | 22.15% |
| 2018-09-30 | 19.74% |
| 2018-06-30 | 19.26% |
| 2018-03-31 | 22.01% |
| 2017-12-31 | 19.87% |
| 2017-09-30 | 19.64% |
| 2017-06-30 | 19.35% |
| 2017-03-31 | 15.63% |
| 2016-12-31 | 16.35% |
| 2016-09-30 | 14.24% |
| 2016-06-30 | 20.83% |
| 2016-03-31 | 19.38% |
| 2015-12-31 | 22.87% |
