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 10.48% is 332% above its 5-year average of -4.51%, near the high end of its 5-year range (-17.27%–10.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 906.40% above its 12-month average of -1.30%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 10.48%.
RETURN ON INVESTED CAPITAL (ROIC)
10.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-1.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-9.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-4.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-4.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-2.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-4.17%
CURRENT VS TTM AVG
+906.40%
CURRENT VS 3Y AVG
+209.58%
CURRENT VS 5Y AVG
+332.41%
CURRENT VS 10Y AVG
+338.34%
CURRENT VS 15Y AVG
+464.14%
CURRENT VS 20Y AVG
+351.38%
SECTOR MEDIAN · BASIC MATERIALS
4.18%
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
+150.65%
vs the sector median at left
Alto Ingredients, Inc.
Market Cap
$292.13M
Return on Invested Capital (ROIC)
10.48%
TTM Avg
-1.30%
3Y Avg
-9.56%
5Y Avg
-4.51%
Market Cap
$302.97M
Return on Invested Capital (ROIC)
10.74%
TTM Avg
4.22%
3Y Avg
7.29%
5Y Avg
11.48%
Market Cap
$279.82M
Return on Invested Capital (ROIC)
-1.08%
TTM Avg
-1.08%
3Y Avg
20.09%
5Y Avg
20.09%
Market Cap
$312.78M
Return on Invested Capital (ROIC)
-40.96%
TTM Avg
-9.59%
3Y Avg
-11.86%
5Y Avg
-12.57%
Market Cap
$236.81M
Return on Invested Capital (ROIC)
-43.92%
TTM Avg
-46.27%
3Y Avg
-41.20%
5Y Avg
-43.63%
Market Cap
$226.96M
Return on Invested Capital (ROIC)
2.79%
TTM Avg
7.06%
3Y Avg
22.67%
5Y Avg
19.82%
Market Cap
$360.36M
Return on Invested Capital (ROIC)
10.37%
TTM Avg
1.44%
3Y Avg
1.35%
5Y Avg
-9.51%
Market Cap
$362.72M
Return on Invested Capital (ROIC)
-17.29%
TTM Avg
-20.73%
3Y Avg
-38.45%
5Y Avg
-38.33%
Market Cap
$207.54M
Return on Invested Capital (ROIC)
-14.22%
TTM Avg
-21.51%
3Y Avg
-21.51%
5Y Avg
-21.51%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alto Ingredients, Inc. (ALTO) | $292.13M | 10.48% | -1.30% | -9.56% | -4.51% |
| Friedman Industries, Incorporated (FRD)vs › | $302.97M | 10.74% | 4.22% | 7.29% | 11.48% |
| Suncrete, Inc. Class A Common Stock (RMIX)vs › | $279.82M | -1.08% | -1.08% | 20.09% | 20.09% |
| Gevo, Inc. (GEVO)vs › | $312.78M | -40.96% | -9.59% | -11.86% | -12.57% |
| U.S. Gold Corp. (USAU)vs › | $236.81M | -43.92% | -46.27% | -41.20% | -43.63% |
| Hudson Technologies, Inc. (HDSN)vs › | $226.96M | 2.79% | 7.06% | 22.67% | 19.82% |
| Vox Royalty Corp. (VOXR)vs › | $360.36M | 10.37% | 1.44% | 1.35% | -9.51% |
| ASP Isotopes Inc. Common Stock (ASPI)vs › | $362.72M | -17.29% | -20.73% | -38.45% | -38.33% |
| The Metals Royalty Company Inc. (TMCR)vs › | $207.54M | -14.22% | -21.51% | -21.51% | -21.51% |
| Hongli Group Inc. (HLP)vs › | $186.85M | 3.14% | 0.31% | 3.18% | 8.68% |
ROIC
10.5%
ROE
19.9%
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 | 10.48% |
| 2026-03-31 | 6.44% |
| 2025-12-31 | 0.04% |
| 2025-09-30 | -8.43% |
| 2025-06-30 | -15.02% |
| 2025-03-31 | -13.91% |
| 2024-12-31 | -15.04% |
| 2024-09-30 | -7.96% |
| 2024-06-30 | -8.68% |
| 2024-03-31 | -5.94% |
| 2023-12-31 | -6.13% |
| 2023-09-30 | -9.38% |
| 2023-06-30 | -14.71% |
| 2023-03-31 | -17.27% |
| 2022-12-31 | -15.33% |
| 2022-09-30 | 1.67% |
| 2022-06-30 | 5.65% |
| 2022-03-31 | 7.29% |
| 2021-12-31 | 9.35% |
| 2021-09-30 | -3.14% |
| 2021-06-30 | 5.37% |
| 2021-03-31 | 9.06% |
| 2020-12-31 | 2.37% |
| 2020-09-30 | -2.71% |
| 2020-06-30 | -13.89% |
| 2020-03-31 | -18.58% |
| 2019-12-31 | -14.50% |
| 2019-09-30 | -11.77% |
| 2019-06-30 | -8.07% |
| 2019-03-31 | -9.26% |
| 2018-12-31 | -8.97% |
| 2018-09-30 | -5.24% |
| 2018-06-30 | -3.63% |
| 2018-03-31 | -3.15% |
| 2017-12-31 | -3.94% |
| 2017-09-30 | 0.58% |
| 2017-06-30 | 0.14% |
| 2017-03-31 | 3.13% |
| 2016-12-31 | 3.67% |
| 2016-09-30 | 0.87% |
| 2016-06-30 | -1.67% |
| 2016-03-31 | -3.30% |
| 2015-12-31 | -2.90% |
| 2015-09-30 | -0.79% |
| 2015-06-30 | 7.83% |
| 2015-03-31 | 15.40% |
| 2014-12-31 | 21.07% |
| 2014-09-30 | 23.37% |
| 2014-06-30 | 18.92% |
| 2014-03-31 | 25.39% |
| 2013-12-31 | 8.85% |
| 2013-09-30 | -2.75% |
| 2013-06-30 | -5.61% |
| 2013-03-31 | -11.60% |
| 2012-12-31 | -15.33% |
| 2012-09-30 | -9.53% |
| 2012-06-30 | -5.34% |
| 2012-03-31 | -2.50% |
| 2011-12-31 | 1.77% |
| 2011-09-30 | -1.12% |
| 2011-06-30 | -2.61% |
| 2011-03-31 | -4.05% |
| 2010-12-31 | -6.14% |
| 2010-09-30 | -970.70% |
| 2010-06-30 | -806.38% |
| 2010-03-31 | -134.65% |
| 2009-12-31 | -106.99% |
| 2009-09-30 | -15.47% |
| 2009-06-30 | -26.03% |
| 2009-03-31 | -24.71% |
| 2008-12-31 | -35.21% |
| 2008-09-30 | -28.01% |
| 2008-06-30 | -15.64% |
| 2008-03-31 | -15.53% |
| 2007-12-31 | 0.38% |
| 2007-09-30 | 1.39% |
| 2007-06-30 | 2.15% |
| 2007-03-31 | 1.32% |
| 2006-12-31 | 0.04% |
| 2006-09-30 | -1.88% |
| 2006-06-30 | -2.99% |
| 2006-03-31 | -22.53% |
| 2005-12-31 | -27.22% |
| 2005-09-30 | -12.43% |
| 2005-06-30 | -10.63% |
| 2005-03-31 | -5.42% |
| 2004-12-31 | -50.34% |
| 2004-09-30 | -45.55% |
| 2004-06-30 | -42.42% |
| 2004-03-31 | -40.86% |
| 2003-12-31 | -38.81% |
| 2003-09-30 | -44.30% |
| 2003-06-30 | -54.77% |