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 6.25% is 150% above its 5-year average of -12.39%, near the high end of its 5-year range (-48.38%–25.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 52.25% below its 12-month average of 13.09%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.25%.
RETURN ON INVESTED CAPITAL (ROIC)
6.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-12.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-33.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-33.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-47.58%
CURRENT VS TTM AVG
-52.25%
CURRENT VS 3Y AVG
-18.44%
CURRENT VS 5Y AVG
+150.48%
CURRENT VS 10Y AVG
+118.56%
CURRENT VS 15Y AVG
+118.86%
CURRENT VS 20Y AVG
+113.14%
SECTOR MEDIAN · HEALTHCARE
-35.66%
median of 837 covered companies
CURRENT VS SECTOR MEDIAN
+117.53%
vs the sector median at left
Acadia Pharmaceuticals Inc.
Market Cap
$3.38B
Return on Invested Capital (ROIC)
6.25%
TTM Avg
13.09%
3Y Avg
7.67%
5Y Avg
-12.39%
Market Cap
$3.36B
Return on Invested Capital (ROIC)
-409.85%
TTM Avg
-257.76%
3Y Avg
-257.76%
5Y Avg
-257.76%
Market Cap
$3.44B
Return on Invested Capital (ROIC)
-79.40%
TTM Avg
-65.84%
3Y Avg
-73.62%
5Y Avg
-96.54%
Market Cap
$3.31B
Return on Invested Capital (ROIC)
-135.85%
TTM Avg
-39.34%
3Y Avg
-38.88%
5Y Avg
-33.43%
Market Cap
$3.30B
Return on Invested Capital (ROIC)
-0.93%
TTM Avg
1.17%
3Y Avg
-16.63%
5Y Avg
-13.35%
Market Cap
$3.47B
Return on Invested Capital (ROIC)
-28.15%
TTM Avg
-46.92%
3Y Avg
-38.64%
5Y Avg
-44.96%
Market Cap
$3.48B
Return on Invested Capital (ROIC)
-17.68%
TTM Avg
-22.74%
3Y Avg
-21.16%
5Y Avg
-18.86%
Market Cap
$3.52B
Return on Invested Capital (ROIC)
-1.07%
TTM Avg
-9.16%
3Y Avg
-22.10%
5Y Avg
-20.63%
Market Cap
$3.54B
Return on Invested Capital (ROIC)
-35.27%
TTM Avg
-38.13%
3Y Avg
-29.19%
5Y Avg
-24.81%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Acadia Pharmaceuticals Inc. (ACAD) | $3.38B | 6.25% | 13.09% | 7.67% | -12.39% |
| Parabilis Medicines, Inc. (PBLS)vs › | $3.36B | -409.85% | -257.76% | -257.76% | -257.76% |
| Pulse Biosciences, Inc. (PLSE)vs › | $3.44B | -79.40% | -65.84% | -73.62% | -96.54% |
| Viking Therapeutics, Inc. (VKTX)vs › | $3.31B | -135.85% | -39.34% | -38.88% | -33.43% |
| CareDx, Inc (CDNA)vs › | $3.30B | -0.93% | 1.17% | -16.63% | -13.35% |
| Celcuity Inc. (CELC)vs › | $3.47B | -28.15% | -46.92% | -38.64% | -44.96% |
| IDEAYA Biosciences, Inc. (IDYA)vs › | $3.48B | -17.68% | -22.74% | -21.16% | -18.86% |
| iRhythm Technologies, Inc. (IRTC)vs › | $3.52B | -1.07% | -9.16% | -22.10% | -20.63% |
| Xenon Pharmaceuticals Inc. (XENE)vs › | $3.54B | -35.27% | -38.13% | -29.19% | -24.81% |
| Veracyte, Inc. (VCYT)vs › | $3.56B | 6.72% | 3.30% | -1.32% | -3.44% |
ROIC
6.3%
ROE
29.1%
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 | 6.25% |
| 2026-03-31 | 6.17% |
| 2025-12-31 | 8.07% |
| 2025-09-30 | 23.32% |
| 2025-06-30 | 21.65% |
| 2025-03-31 | 24.46% |
| 2024-12-31 | 25.54% |
| 2024-09-30 | 16.44% |
| 2024-06-30 | 2.60% |
| 2024-03-31 | -0.47% |
| 2023-12-31 | -14.56% |
| 2023-09-30 | -35.74% |
| 2023-06-30 | -27.48% |
| 2023-03-31 | -37.29% |
| 2022-12-31 | -48.38% |
| 2022-09-30 | -45.73% |
| 2022-06-30 | -41.74% |
| 2022-03-31 | -42.94% |
| 2021-12-31 | -28.22% |
| 2021-09-30 | -30.65% |
| 2021-06-30 | -41.40% |
| 2021-03-31 | -40.47% |
| 2020-12-31 | -42.04% |
| 2020-09-30 | -38.98% |
| 2020-06-30 | -34.82% |
| 2020-03-31 | -38.18% |
| 2019-12-31 | -34.64% |
| 2019-09-30 | -36.89% |
| 2019-06-30 | -68.82% |
| 2019-03-31 | -65.77% |
| 2018-12-31 | -51.48% |
| 2018-09-30 | -111.36% |
| 2018-06-30 | -96.04% |
| 2018-03-31 | -85.12% |
| 2017-12-31 | -87.51% |
| 2017-09-30 | -79.93% |
| 2017-06-30 | -74.11% |
| 2017-03-31 | -68.02% |
| 2016-12-31 | -52.61% |
| 2016-09-30 | -41.53% |
| 2016-06-30 | -50.55% |
| 2016-03-31 | -39.13% |
| 2015-12-31 | -82.31% |
| 2015-09-30 | -64.86% |
| 2015-06-30 | -52.15% |
| 2015-03-31 | -40.60% |
| 2014-12-31 | -30.11% |
| 2014-09-30 | -23.25% |
| 2014-06-30 | -17.90% |
| 2014-03-31 | -13.71% |
| 2013-12-31 | -21.03% |
| 2013-09-30 | -17.21% |
| 2013-06-30 | -12.33% |
| 2013-03-31 | -21.39% |
| 2012-12-31 | -20.35% |
| 2012-09-30 | -109.70% |
| 2012-06-30 | -145.88% |
| 2012-03-31 | -115.49% |
| 2011-12-31 | -87.96% |
| 2011-09-30 | 37.82% |
| 2011-06-30 | 35.14% |
| 2011-03-31 | 36.11% |
| 2010-12-31 | 46.43% |
| 2010-09-30 | -100.21% |
| 2010-06-30 | -103.53% |
| 2010-03-31 | -119.27% |
| 2009-12-31 | -128.67% |
| 2009-09-30 | -116.71% |
| 2009-06-30 | -117.31% |
| 2009-03-31 | -162.82% |
| 2008-12-31 | -124.55% |
| 2008-09-30 | -106.58% |
| 2008-06-30 | -89.18% |
| 2008-03-31 | -67.11% |
| 2007-12-31 | -53.88% |
| 2007-09-30 | -43.49% |
| 2007-06-30 | -35.49% |
| 2007-03-31 | -88.06% |
| 2006-12-31 | -70.07% |
| 2006-09-30 | -57.01% |
| 2006-06-30 | -51.02% |
| 2006-03-31 | -94.19% |
| 2005-12-31 | -85.88% |
| 2005-09-30 | -63.22% |
| 2005-06-30 | -41.12% |
| 2005-03-31 | -72.59% |
| 2004-12-31 | -78.58% |
| 2004-09-30 | -93.74% |
| 2004-06-30 | -64.19% |
| 2004-03-31 | -132.88% |
| 2003-12-31 | -88.30% |