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 -2.21% is 86% above its 5-year average of -15.47%, near the high end of its 5-year range (-42.14%–-1.51%).
As of the fiscal period ended Sunday, May 31, 2026. 29.95% above its 12-month average of -3.16%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-05-31): -2.21%.
RETURN ON INVESTED CAPITAL (ROIC)
-2.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-3.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-5.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-15.47%
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
+29.95%
CURRENT VS 3Y AVG
+57.02%
CURRENT VS 5Y AVG
+85.68%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-127.10%
vs the sector median at left
Applied Digital Corp.
Market Cap
$7.70B
Return on Invested Capital (ROIC)
-2.21%
TTM Avg
-3.16%
3Y Avg
-5.15%
5Y Avg
-15.47%
Market Cap
$7.70B
Return on Invested Capital (ROIC)
18.36%
TTM Avg
16.70%
3Y Avg
16.39%
5Y Avg
14.74%
Market Cap
$7.73B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
-2.96%
3Y Avg
-30.48%
5Y Avg
-34.20%
Market Cap
$7.46B
Return on Invested Capital (ROIC)
26.85%
TTM Avg
22.73%
3Y Avg
5.80%
5Y Avg
3.92%
Market Cap
$7.36B
Return on Invested Capital (ROIC)
7.40%
TTM Avg
-2.59%
3Y Avg
-7.26%
5Y Avg
-12.59%
Market Cap
$7.99B
Return on Invested Capital (ROIC)
-9.02%
TTM Avg
-11.64%
3Y Avg
-19.22%
5Y Avg
-30.49%
Market Cap
$8.66B
Return on Invested Capital (ROIC)
-3.49%
TTM Avg
-11.35%
3Y Avg
-13.11%
5Y Avg
-12.97%
Market Cap
$6.75B
Return on Invested Capital (ROIC)
10.85%
TTM Avg
8.02%
3Y Avg
0.73%
5Y Avg
-3.59%
Market Cap
$6.70B
Return on Invested Capital (ROIC)
7.81%
TTM Avg
11.75%
3Y Avg
11.13%
5Y Avg
10.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Digital Corp. (APLD) | $7.70B | -2.21% | -3.16% | -5.15% | -15.47% |
| Paylocity Holding Corporation (PCTY)vs › | $7.70B | 18.36% | 16.70% | 16.39% | 14.74% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.73B | 2.53% | -2.96% | -30.48% | -34.20% |
| AppFolio Inc. (APPF)vs › | $7.46B | 26.85% | 22.73% | 5.80% | 3.92% |
| UiPath Inc. (PATH)vs › | $7.36B | 7.40% | -2.59% | -7.26% | -12.59% |
| GitLab Inc. (GTLB)vs › | $7.99B | -9.02% | -11.64% | -19.22% | -30.49% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.66B | -3.49% | -11.35% | -13.11% | -12.97% |
| Duolingo, Inc. (DUOL)vs › | $6.75B | 10.85% | 8.02% | 0.73% | -3.59% |
| Camtek Ltd. (CAMT)vs › | $6.70B | 7.81% | 11.75% | 11.13% | 10.92% |
| Plexus Corp. (PLXS)vs › | $6.64B | 10.63% | 9.91% | 9.71% | 9.84% |
ROIC
-2.2%
ROE
-13.7%
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) |
|---|---|
| 2026-05-31 | -2.21% |
| 2026-02-28 | -1.84% |
| 2025-11-30 | -1.94% |
| 2025-08-31 | -4.35% |
| 2025-05-31 | -5.46% |
| 2025-02-28 | -1.51% |
| 2024-11-30 | -3.08% |
| 2024-08-31 | -4.18% |
| 2024-05-31 | -5.91% |
| 2024-02-29 | -16.98% |
| 2023-11-30 | -9.19% |
| 2023-08-31 | -21.78% |
| 2023-05-31 | -28.16% |
| 2023-02-28 | -40.51% |
| 2022-11-30 | -37.03% |
| 2022-08-31 | -12.23% |
| 2022-05-31 | -22.83% |
| 2022-02-28 | -42.14% |
| 2021-11-30 | -31.32% |
| 2021-08-31 | -29.46% |
| 2021-05-31 | -2.64% |
