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 15.68% is 41% below its 5-year average of 26.46%, near the low end of its 5-year range (15.61%–45.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.73% below its 12-month average of 16.46%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 15.68%.
RETURN ON INVESTED CAPITAL (ROIC)
15.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
16.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
20.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
26.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
27.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
28.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
26.42%
CURRENT VS TTM AVG
-4.73%
CURRENT VS 3Y AVG
-22.61%
CURRENT VS 5Y AVG
-40.73%
CURRENT VS 10Y AVG
-43.85%
CURRENT VS 15Y AVG
-44.62%
CURRENT VS 20Y AVG
-40.66%
SECTOR MEDIAN · CONSUMER DEFENSIVE
5.33%
median of 153 covered companies
CURRENT VS SECTOR MEDIAN
+194.17%
vs the sector median at left
United-Guardian, Inc.
Market Cap
$32.99M
Return on Invested Capital (ROIC)
15.68%
TTM Avg
16.46%
3Y Avg
20.26%
5Y Avg
26.46%
Market Cap
$37.51M
Return on Invested Capital (ROIC)
-1431.90%
TTM Avg
-2363.24%
3Y Avg
-2363.24%
5Y Avg
-2363.24%
Market Cap
$26.40M
Return on Invested Capital (ROIC)
-244.75%
TTM Avg
-90.02%
3Y Avg
-50.96%
5Y Avg
-41.92%
Market Cap
$43.07M
Return on Invested Capital (ROIC)
-12.83%
TTM Avg
-25.46%
3Y Avg
-222.20%
5Y Avg
-181.12%
Market Cap
$22.78M
Return on Invested Capital (ROIC)
15.82%
TTM Avg
6.17%
3Y Avg
-1.42%
5Y Avg
-0.88%
Market Cap
$46.60M
Return on Invested Capital (ROIC)
3.38%
TTM Avg
1.60%
3Y Avg
0.67%
5Y Avg
1.42%
Market Cap
$47.28M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-4.85%
3Y Avg
-49.38%
5Y Avg
-44.79%
Market Cap
$48.30M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.51M
Return on Invested Capital (ROIC)
-11.93%
TTM Avg
-4.25%
3Y Avg
15.51%
5Y Avg
22.40%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United-Guardian, Inc. (UG) | $32.99M | 15.68% | 16.46% | 20.26% | 26.46% |
| VenHub Global, Inc. Common Stock (VHUB)vs › | $37.51M | -1431.90% | -2363.24% | -2363.24% | -2363.24% |
| Borealis Foods Inc. (BRLS)vs › | $26.40M | -244.75% | -90.02% | -50.96% | -41.92% |
| RYTHM, Inc. (RYM)vs › | $43.07M | -12.83% | -25.46% | -222.20% | -181.12% |
| Coffee Holding Co., Inc. (JVA)vs › | $22.78M | 15.82% | 6.17% | -1.42% | -0.88% |
| The Hain Celestial Group, Inc. (HAIN)vs › | $46.60M | 3.38% | 1.60% | 0.67% | 1.42% |
| Sow Good Inc. (SOWG)vs › | $47.28M | N/A | -4.85% | -49.38% | -44.79% |
| Air Water Ventures Limited (WATR)vs › | $48.30M | N/A | N/A | N/A | N/A |
| Epsium Enterprise Limited Ordinary Shares (EPSM)vs › | $16.51M | -11.93% | -4.25% | 15.51% | 22.40% |
| Big Tree Cloud Holdings Limited (DSY)vs › | $16.44M | -46.17% | -215.48% | -134.43% | -134.43% |
ROIC
15.7%
ROE
21.2%
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 | 15.68% |
| 2026-03-31 | 16.13% |
| 2025-12-31 | 15.62% |
| 2025-09-30 | 15.61% |
| 2025-06-30 | 19.25% |
| 2025-03-31 | 23.58% |
| 2024-12-31 | 24.28% |
| 2024-09-30 | 27.02% |
| 2024-06-30 | 23.93% |
| 2024-03-31 | 21.70% |
| 2023-12-31 | 19.96% |
| 2023-09-30 | 20.25% |
| 2023-06-30 | 20.34% |
| 2023-03-31 | 26.76% |
| 2022-12-31 | 34.68% |
| 2022-09-30 | 37.66% |
| 2022-06-30 | 43.60% |
| 2022-03-31 | 40.95% |
| 2021-12-31 | 45.35% |
| 2021-09-30 | 32.08% |
| 2021-06-30 | 31.11% |
| 2021-03-31 | 26.02% |
| 2020-12-31 | 27.49% |
| 2020-09-30 | 32.42% |
| 2020-06-30 | 38.74% |
| 2020-03-31 | 36.78% |
| 2019-12-31 | 38.66% |
| 2019-09-30 | 30.80% |
| 2019-06-30 | 35.69% |
| 2019-03-31 | 34.53% |
| 2018-12-31 | 39.75% |
| 2018-09-30 | 36.22% |
| 2018-06-30 | 38.63% |
| 2018-03-31 | 33.34% |
| 2017-12-31 | 31.72% |
| 2017-09-30 | 22.21% |
| 2017-06-30 | 22.92% |
| 2017-03-31 | 16.94% |
| 2016-12-31 | 16.82% |
| 2016-09-30 | 13.24% |
| 2016-06-30 | 16.33% |
| 2016-03-31 | 22.42% |
| 2015-12-31 | 29.77% |
| 2015-09-30 | 32.28% |
| 2015-06-30 | 29.43% |
| 2015-03-31 | 24.16% |
| 2014-12-31 | 25.83% |
| 2014-09-30 | 27.04% |
| 2014-06-30 | 32.21% |
| 2014-03-31 | 31.33% |
| 2013-12-31 | 34.66% |
| 2013-09-30 | 28.72% |
| 2013-06-30 | 31.87% |
| 2013-03-31 | 30.09% |
| 2012-12-31 | 32.64% |
| 2012-09-30 | 26.66% |
| 2012-06-30 | 28.76% |
| 2012-03-31 | 27.54% |
| 2011-12-31 | 29.70% |
| 2011-09-30 | 26.77% |
| 2011-06-30 | 30.37% |
| 2011-03-31 | 25.11% |
| 2010-12-31 | 26.71% |
| 2010-09-30 | 25.71% |
| 2010-06-30 | 27.08% |
| 2010-03-31 | 20.98% |
| 2009-12-31 | 22.86% |
| 2009-09-30 | 20.36% |
| 2009-06-30 | 20.81% |
| 2009-03-31 | 19.94% |
| 2008-12-31 | 19.23% |
| 2008-09-30 | 18.41% |
| 2008-06-30 | 18.50% |
| 2008-03-31 | 17.44% |
| 2007-12-31 | 20.70% |
| 2007-09-30 | 20.29% |
| 2007-06-30 | 20.89% |
| 2007-03-31 | 19.62% |
| 2006-12-31 | 17.62% |
| 2006-09-30 | 14.77% |
| 2006-06-30 | 16.29% |
| 2006-03-31 | 15.37% |
| 2005-12-31 | 18.48% |
| 2005-09-30 | 17.95% |
| 2005-06-30 | 18.51% |
| 2005-03-31 | 18.39% |
| 2004-12-31 | 17.94% |
| 2004-09-30 | 18.91% |
| 2004-06-30 | 17.08% |
| 2004-03-31 | 17.63% |
| 2003-12-31 | 18.70% |
| 2003-09-30 | 17.28% |
| 2003-06-30 | 15.78% |