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 2.54% is 15% below its 5-year average of 2.99%, around the middle of its 5-year range (0.39%–6.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 27.98% below its 12-month average of 3.52%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 2.54%.
RETURN ON INVESTED CAPITAL (ROIC)
2.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.05%
CURRENT VS TTM AVG
-27.98%
CURRENT VS 3Y AVG
-12.03%
CURRENT VS 5Y AVG
-15.09%
CURRENT VS 10Y AVG
-54.30%
CURRENT VS 15Y AVG
-68.80%
CURRENT VS 20Y AVG
-77.03%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.94%
median of 148 covered companies
CURRENT VS SECTOR MEDIAN
+30.82%
vs the sector median at left
Ziff Davis, Inc.
Market Cap
$2.02B
Return on Invested Capital (ROIC)
2.54%
TTM Avg
3.52%
3Y Avg
2.88%
5Y Avg
2.99%
Market Cap
$2.11B
Return on Invested Capital (ROIC)
2.80%
TTM Avg
3.32%
3Y Avg
3.18%
5Y Avg
4.19%
Market Cap
$2.40B
Return on Invested Capital (ROIC)
-17.76%
TTM Avg
-13.08%
3Y Avg
-13.08%
5Y Avg
-20.31%
Market Cap
$1.63B
Return on Invested Capital (ROIC)
13.67%
TTM Avg
-6.49%
3Y Avg
-5.73%
5Y Avg
-9.75%
Market Cap
$2.58B
Return on Invested Capital (ROIC)
9.96%
TTM Avg
11.63%
3Y Avg
11.63%
5Y Avg
11.63%
Market Cap
$2.62B
Return on Invested Capital (ROIC)
3.74%
TTM Avg
3.13%
3Y Avg
2.82%
5Y Avg
2.07%
Market Cap
$2.65B
Return on Invested Capital (ROIC)
3.74%
TTM Avg
3.13%
3Y Avg
2.82%
5Y Avg
2.07%
Market Cap
$1.38B
Return on Invested Capital (ROIC)
-4.10%
TTM Avg
-5.62%
3Y Avg
-5.12%
5Y Avg
-5.12%
Market Cap
$2.77B
Return on Invested Capital (ROIC)
5.92%
TTM Avg
10.03%
3Y Avg
10.54%
5Y Avg
10.54%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ziff Davis, Inc. (ZD) | $2.02B | 2.54% | 3.52% | 2.88% | 2.99% |
| Stagwell Inc. (STGW)vs › | $2.11B | 2.80% | 3.32% | 3.18% | 4.19% |
| Trump Media & Technology Group Corp. (DJT)vs › | $2.40B | -17.76% | -13.08% | -13.08% | -20.31% |
| Anterix Inc. (ATEX)vs › | $1.63B | 13.67% | -6.49% | -5.73% | -9.75% |
| Liftoff Mobile, Inc. Common Stock (LFTO)vs › | $2.58B | 9.96% | 11.63% | 11.63% | 11.63% |
| Liberty Latin America Ltd. (LILA)vs › | $2.62B | 3.74% | 3.13% | 2.82% | 2.07% |
| Liberty Latin America Ltd. (LILAK)vs › | $2.65B | 3.74% | 3.13% | 2.82% | 2.07% |
| WEBTOON Entertainment Inc. Common stock (WBTN)vs › | $1.38B | -4.10% | -5.62% | -5.12% | -5.12% |
| Pattern Group Inc. Series A Common Stock (PTRN)vs › | $2.77B | 5.92% | 10.03% | 10.54% | 10.54% |
| CarGurus, Inc. (CARG)vs › | $2.77B | 42.91% | 14.43% | 10.09% | 12.05% |
ROIC
2.5%
ROE
28.8%
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 | 2.54% |
| 2026-03-31 | 3.26% |
| 2025-12-31 | 4.53% |
| 2025-09-30 | 4.67% |
| 2025-06-30 | 2.62% |
| 2025-03-31 | 2.60% |
| 2024-12-31 | 2.44% |
| 2024-09-30 | 2.55% |
| 2024-06-30 | 3.08% |
| 2024-03-31 | 2.99% |
| 2023-12-31 | 2.76% |
| 2023-09-30 | 2.79% |
| 2023-06-30 | 4.11% |
| 2023-03-31 | 3.47% |
| 2022-12-31 | 3.53% |
| 2022-09-30 | 1.20% |
| 2022-06-30 | 1.68% |
| 2022-03-31 | 0.52% |
| 2021-12-31 | 0.39% |
| 2021-09-30 | 6.26% |
| 2021-06-30 | 6.23% |
| 2021-03-31 | 7.45% |
| 2020-12-31 | 7.24% |
| 2020-09-30 | 7.60% |
| 2020-06-30 | 7.18% |
| 2020-03-31 | 6.91% |
| 2019-12-31 | 7.24% |
| 2019-09-30 | 8.06% |
| 2019-06-30 | 8.05% |
| 2019-03-31 | 8.60% |
| 2018-12-31 | 8.11% |
| 2018-09-30 | 7.38% |
| 2018-06-30 | 7.61% |
| 2018-03-31 | 7.67% |
| 2017-12-31 | 7.83% |
| 2017-09-30 | 8.64% |
| 2017-06-30 | 7.72% |
| 2017-03-31 | 9.34% |
| 2016-12-31 | 9.79% |
| 2016-09-30 | 10.59% |
| 2016-06-30 | 10.51% |
| 2016-03-31 | 11.10% |
| 2015-12-31 | 10.64% |
| 2015-09-30 | 10.39% |
| 2015-06-30 | 10.00% |
| 2015-03-31 | 9.54% |
| 2014-12-31 | 9.73% |
| 2014-09-30 | 9.58% |
| 2014-06-30 | 9.20% |
| 2014-03-31 | 12.97% |
| 2013-12-31 | 12.72% |
| 2013-09-30 | 12.86% |
| 2013-06-30 | 13.53% |
| 2013-03-31 | 13.28% |
| 2012-12-31 | 13.90% |
| 2012-09-30 | 14.27% |
| 2012-06-30 | 19.49% |
| 2012-03-31 | 19.32% |
| 2011-12-31 | 19.18% |
| 2011-09-30 | 18.39% |
| 2011-06-30 | 18.37% |
| 2011-03-31 | 17.66% |
| 2010-12-31 | 16.43% |
| 2010-09-30 | 16.18% |
| 2010-06-30 | 17.25% |
| 2010-03-31 | 18.00% |
| 2009-12-31 | 18.54% |
| 2009-09-30 | 20.67% |
| 2009-06-30 | 21.99% |
| 2009-03-31 | 23.21% |
| 2008-12-31 | 24.02% |
| 2008-09-30 | 24.19% |
| 2008-06-30 | 24.45% |
| 2008-03-31 | 24.07% |
| 2007-12-31 | 19.77% |
| 2007-09-30 | 18.46% |
| 2007-06-30 | 18.22% |
| 2007-03-31 | 18.73% |
| 2006-12-31 | 18.79% |
| 2006-09-30 | 18.92% |
| 2006-06-30 | 19.14% |
| 2006-03-31 | 20.04% |
| 2005-12-31 | 20.63% |
| 2005-09-30 | 21.52% |
| 2005-06-30 | 22.97% |
| 2005-03-31 | 22.37% |
| 2004-12-31 | 21.70% |
| 2004-09-30 | 29.35% |
| 2004-06-30 | 30.97% |
| 2004-03-31 | 28.93% |
| 2003-12-31 | 26.16% |
| 2003-09-30 | 28.89% |
| 2003-06-30 | 28.39% |
