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 -33.60% is 123% below its 5-year average of -15.05%, near the low end of its 5-year range (-33.60%–10.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 43.98% below its 12-month average of -23.34%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -33.60%.
RETURN ON INVESTED CAPITAL (ROIC)
-33.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-23.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-19.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-15.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-9.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-43.98%
CURRENT VS 3Y AVG
-69.83%
CURRENT VS 5Y AVG
-123.27%
CURRENT VS 10Y AVG
-238.87%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+5.74%
vs the sector median at left
Xencor, Inc.
Market Cap
$1.81B
Return on Invested Capital (ROIC)
-33.60%
TTM Avg
-23.34%
3Y Avg
-19.78%
5Y Avg
-15.05%
Market Cap
$1.81B
Return on Invested Capital (ROIC)
9.81%
TTM Avg
8.38%
3Y Avg
8.16%
5Y Avg
8.82%
Market Cap
$1.81B
Return on Invested Capital (ROIC)
-1.33%
TTM Avg
-1.10%
3Y Avg
-1.49%
5Y Avg
-1.29%
Market Cap
$1.83B
Return on Invested Capital (ROIC)
-5.33%
TTM Avg
-11.54%
3Y Avg
-13.58%
5Y Avg
-15.53%
Market Cap
$1.83B
Return on Invested Capital (ROIC)
4.13%
TTM Avg
4.21%
3Y Avg
5.71%
5Y Avg
5.17%
Market Cap
$1.84B
Return on Invested Capital (ROIC)
-23.90%
TTM Avg
-49.28%
3Y Avg
-183.01%
5Y Avg
-156.37%
Market Cap
$1.77B
Return on Invested Capital (ROIC)
-94.79%
TTM Avg
-70.21%
3Y Avg
-70.21%
5Y Avg
-70.21%
Market Cap
$1.85B
Return on Invested Capital (ROIC)
-51.06%
TTM Avg
-99.01%
3Y Avg
-126.31%
5Y Avg
-97.79%
Market Cap
$1.75B
Return on Invested Capital (ROIC)
4.23%
TTM Avg
3.43%
3Y Avg
4.08%
5Y Avg
4.12%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xencor, Inc. (XNCR) | $1.81B | -33.60% | -23.34% | -19.78% | -15.05% |
| LeMaitre Vascular, Inc. (LMAT)vs › | $1.81B | 9.81% | 8.38% | 8.16% | 8.82% |
| Azenta, Inc. (AZTA)vs › | $1.81B | -1.33% | -1.10% | -1.49% | -1.29% |
| Sarepta Therapeutics, Inc. (SRPT)vs › | $1.83B | -5.33% | -11.54% | -13.58% | -15.53% |
| Astrana Health, Inc. (ASTH)vs › | $1.83B | 4.13% | 4.21% | 5.71% | 5.17% |
| Palvella Therapeutics, Inc. (PVLA)vs › | $1.84B | -23.90% | -49.28% | -183.01% | -156.37% |
| Generate Biomedicines, Inc. (GENB)vs › | $1.77B | -94.79% | -70.21% | -70.21% | -70.21% |
| Immunome, Inc. (IMNM)vs › | $1.85B | -51.06% | -99.01% | -126.31% | -97.79% |
| Surgery Partners, Inc. (SGRY)vs › | $1.75B | 4.23% | 3.43% | 4.08% | 4.12% |
| Novavax, Inc. (NVAX)vs › | $1.86B | -36.37% | 8.48% | -213.38% | -299.96% |
ROIC
-33.6%
ROE
-32.5%
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 | -33.60% |
| 2026-03-31 | -30.76% |
| 2025-12-31 | -21.57% |
| 2025-09-30 | -14.48% |
| 2025-06-30 | -16.28% |
| 2025-03-31 | -19.19% |
| 2024-12-31 | -18.42% |
| 2024-09-30 | -22.34% |
| 2024-06-30 | -21.78% |
| 2024-03-31 | -14.84% |
| 2023-12-31 | -14.55% |
| 2023-09-30 | -20.35% |
| 2023-06-30 | -22.86% |
| 2023-03-31 | -22.98% |
| 2022-12-31 | -10.54% |
| 2022-09-30 | 6.70% |
| 2022-06-30 | 6.29% |
| 2022-03-31 | 10.78% |
| 2021-12-31 | 5.70% |
| 2021-09-30 | -9.43% |
| 2021-06-30 | -5.70% |
| 2021-03-31 | -14.12% |
| 2020-12-31 | -13.19% |
| 2020-09-30 | -16.27% |
| 2020-06-30 | -15.78% |
| 2020-03-31 | -12.18% |
| 2019-12-31 | 2.21% |
| 2019-09-30 | 3.69% |
| 2019-06-30 | 6.04% |
| 2019-03-31 | 4.63% |
| 2018-12-31 | -15.18% |
| 2018-09-30 | -13.53% |
| 2018-06-30 | -17.17% |
| 2018-03-31 | -12.75% |
| 2017-12-31 | -18.55% |
| 2017-09-30 | -16.68% |
| 2017-06-30 | -13.76% |
| 2017-03-31 | 4.11% |
| 2016-12-31 | 6.70% |
| 2016-09-30 | 18.38% |
| 2016-06-30 | 17.05% |
| 2016-03-31 | -11.64% |
| 2015-12-31 | -11.22% |
| 2015-09-30 | -17.51% |
| 2015-06-30 | -14.07% |
| 2015-03-31 | -11.16% |
| 2014-12-31 | -26.70% |
| 2014-09-30 | -30.88% |
| 2014-06-30 | -20.41% |
| 2014-03-31 | -13.65% |
| 2013-12-31 | -13.18% |
| 2013-09-30 | -80.60% |
| 2013-06-30 | -66.82% |
