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 3.61% is 111% above its 5-year average of -31.53%, near the high end of its 5-year range (-101.26%–12.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.85% below its 12-month average of 3.84%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.61%.
RETURN ON INVESTED CAPITAL (ROIC)
3.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-31.53%
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
-5.85%
CURRENT VS 3Y AVG
+399.24%
CURRENT VS 5Y AVG
+111.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-28.88%
median of 493 covered companies
CURRENT VS SECTOR MEDIAN
+112.51%
vs the sector median at left
Alvotech
Market Cap
$2.05B
Return on Invested Capital (ROIC)
3.61%
TTM Avg
3.84%
3Y Avg
-1.21%
5Y Avg
-31.53%
Market Cap
$2.07B
Return on Invested Capital (ROIC)
-89.73%
TTM Avg
-14.48%
3Y Avg
-24.76%
5Y Avg
-41.39%
Market Cap
$2.06B
Return on Invested Capital (ROIC)
6.33%
TTM Avg
5.44%
3Y Avg
-1.33%
5Y Avg
-7.01%
Market Cap
$2.04B
Return on Invested Capital (ROIC)
-51.06%
TTM Avg
-99.01%
3Y Avg
-126.31%
5Y Avg
-97.79%
Market Cap
$2.03B
Return on Invested Capital (ROIC)
21.77%
TTM Avg
7.57%
3Y Avg
-7.64%
5Y Avg
-15.11%
Market Cap
$2.09B
Return on Invested Capital (ROIC)
0.62%
TTM Avg
-3.84%
3Y Avg
-0.68%
5Y Avg
-0.08%
Market Cap
$2.13B
Return on Invested Capital (ROIC)
8.61%
TTM Avg
7.04%
3Y Avg
7.13%
5Y Avg
6.52%
Market Cap
$2.00B
Return on Invested Capital (ROIC)
-4.68%
TTM Avg
-2.93%
3Y Avg
-9.02%
5Y Avg
-10.48%
Market Cap
$1.99B
Return on Invested Capital (ROIC)
-52.66%
TTM Avg
-61.09%
3Y Avg
-54.75%
5Y Avg
-42.45%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alvotech (ALVO) | $2.05B | 3.61% | 3.84% | -1.21% | -31.53% |
| BioCryst Pharmaceuticals, Inc. (BCRX)vs › | $2.07B | -89.73% | -14.48% | -24.76% | -41.39% |
| Inspire Medical Systems, Inc. (INSP)vs › | $2.06B | 6.33% | 5.44% | -1.33% | -7.01% |
| Immunome, Inc. (IMNM)vs › | $2.04B | -51.06% | -99.01% | -126.31% | -97.79% |
| Aurinia Pharmaceuticals Inc. (AUPH)vs › | $2.03B | 21.77% | 7.57% | -7.64% | -15.11% |
| Fortrea Holdings Inc. (FTRE)vs › | $2.09B | 0.62% | -3.84% | -0.68% | -0.08% |
| Addus HomeCare Corporation (ADUS)vs › | $2.13B | 8.61% | 7.04% | 7.13% | 6.52% |
| AxoGen, Inc. (AXGN)vs › | $2.00B | -4.68% | -2.93% | -9.02% | -10.48% |
| Absci Corporation (ABSI)vs › | $1.99B | -52.66% | -61.09% | -54.75% | -42.45% |
| Azenta, Inc. (AZTA)vs › | $2.01B | -1.33% | -1.10% | -1.49% | -1.29% |
ROIC
3.6%
ROE
N/A
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 | 3.61% |
| 2026-03-31 | 3.53% |
| 2025-12-31 | 3.53% |
| 2025-09-30 | 3.79% |
| 2025-06-30 | 4.73% |
| 2025-03-31 | 12.14% |
| 2024-12-31 | 6.57% |
| 2024-09-30 | -2.09% |
| 2023-06-30 | -46.67% |
| 2023-03-31 | -48.87% |
| 2022-12-31 | -50.88% |
| 2022-09-30 | -45.21% |
| 2022-06-30 | -42.94% |
| 2022-03-31 | -90.51% |
| 2021-12-31 | -48.27% |
| 2021-09-30 | -101.26% |
| 2021-06-30 | -97.20% |
| 2021-03-31 | -75.92% |
| 2020-12-31 | -32.29% |
| 2020-09-30 | -129.56% |
| 2020-06-30 | -93.43% |
| 2020-03-31 | -75.57% |
