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 -16.45% is 90% above its 5-year average of -164.80%, near the high end of its 5-year range (-462.88%–-0.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 78.74% above its 12-month average of -77.38%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -16.45%.
RETURN ON INVESTED CAPITAL (ROIC)
-16.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-77.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-167.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-164.80%
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
+78.74%
CURRENT VS 3Y AVG
+90.16%
CURRENT VS 5Y AVG
+90.02%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
-3925.59%
vs the sector median at left
Z Squared Inc.
Market Cap
$231.08M
Return on Invested Capital (ROIC)
-16.45%
TTM Avg
-77.38%
3Y Avg
-167.16%
5Y Avg
-164.80%
Market Cap
$234.51M
Return on Invested Capital (ROIC)
11.75%
TTM Avg
12.32%
3Y Avg
4.30%
5Y Avg
8.87%
Market Cap
$225.86M
Return on Invested Capital (ROIC)
-181.50%
TTM Avg
-41.73%
3Y Avg
-22.59%
5Y Avg
-14.19%
Market Cap
$237.99M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
1.76%
3Y Avg
4.50%
5Y Avg
7.81%
Market Cap
$240.17M
Return on Invested Capital (ROIC)
-17.28%
TTM Avg
-14.37%
3Y Avg
-64.14%
5Y Avg
-64.75%
Market Cap
$242.10M
Return on Invested Capital (ROIC)
-542.34%
TTM Avg
-84.44%
3Y Avg
-20.22%
5Y Avg
-0.27%
Market Cap
$243.65M
Return on Invested Capital (ROIC)
-96.47%
TTM Avg
-145.19%
3Y Avg
-97.77%
5Y Avg
-76.25%
Market Cap
$217.45M
Return on Invested Capital (ROIC)
-56.15%
TTM Avg
-35.27%
3Y Avg
-21.76%
5Y Avg
-13.96%
Market Cap
$215.44M
Return on Invested Capital (ROIC)
-0.65%
TTM Avg
-3.96%
3Y Avg
-3.85%
5Y Avg
-4.79%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Z Squared Inc. (ZSQR) | $231.08M | -16.45% | -77.38% | -167.16% | -164.80% |
| Alliance Entertainment Holding Corp. (AENT)vs › | $234.51M | 11.75% | 12.32% | 4.30% | 8.87% |
| GoPro, Inc. (GPRO)vs › | $225.86M | -181.50% | -41.73% | -22.59% | -14.19% |
| Immersion Corporation (IMMR)vs › | $237.99M | 1.99% | 1.76% | 4.50% | 7.81% |
| Aeluma, Inc. (ALMU)vs › | $240.17M | -17.28% | -14.37% | -64.14% | -64.75% |
| Bgin Blockchain Limited (BGIN)vs › | $242.10M | -542.34% | -84.44% | -20.22% | -0.27% |
| Vuzix Corp. (VUZI)vs › | $243.65M | -96.47% | -145.19% | -97.77% | -76.25% |
| SuperX AI Technology Limited (SUPX)vs › | $217.45M | -56.15% | -35.27% | -21.76% | -13.96% |
| Asure Software, Inc. (ASUR)vs › | $215.44M | -0.65% | -3.96% | -3.85% | -4.79% |
| Expensify, Inc. (EXFY)vs › | $215.06M | -7.85% | -6.75% | -11.98% | -8.39% |
ROIC
-16.5%
ROE
-16.6%
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 | -16.45% |
| 2026-03-31 | -59.28% |
| 2025-12-31 | -71.70% |
| 2025-09-30 | -96.43% |
| 2025-06-30 | -143.06% |
| 2025-03-31 | -112.77% |
| 2024-12-31 | -130.15% |
| 2024-09-30 | -122.64% |
| 2024-06-30 | -175.51% |
| 2024-03-31 | -244.54% |
| 2023-12-31 | -352.58% |
| 2023-09-30 | -348.67% |
| 2023-06-30 | -299.27% |
| 2023-03-31 | -462.88% |
| 2022-12-31 | -447.90% |
| 2022-09-30 | -99.03% |
| 2022-06-30 | -80.37% |
| 2022-03-31 | -21.50% |
| 2021-12-31 | -10.59% |
| 2021-09-30 | -0.61% |
