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 -6.84% is 78% above its 5-year average of -31.73%, near the high end of its 5-year range (-59.02%–-6.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 52.78% above its 12-month average of -14.49%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -6.84%.
RETURN ON INVESTED CAPITAL (ROIC)
-6.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-14.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-26.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-31.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-26.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-20.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-14.60%
CURRENT VS TTM AVG
+52.78%
CURRENT VS 3Y AVG
+74.41%
CURRENT VS 5Y AVG
+78.44%
CURRENT VS 10Y AVG
+73.69%
CURRENT VS 15Y AVG
+66.92%
CURRENT VS 20Y AVG
+53.13%
SECTOR MEDIAN · HEALTHCARE
-33.39%
median of 614 covered companies
CURRENT VS SECTOR MEDIAN
+79.51%
vs the sector median at left
Apyx Medical Corporation
Market Cap
$108.64M
Return on Invested Capital (ROIC)
-6.84%
TTM Avg
-14.49%
3Y Avg
-26.74%
5Y Avg
-31.73%
Market Cap
$108.29M
Return on Invested Capital (ROIC)
-101.30%
TTM Avg
-45.83%
3Y Avg
-127.78%
5Y Avg
-123.84%
Market Cap
$109.42M
Return on Invested Capital (ROIC)
-97.99%
TTM Avg
-45.11%
3Y Avg
-60.38%
5Y Avg
-60.38%
Market Cap
$107.75M
Return on Invested Capital (ROIC)
-92.16%
TTM Avg
-430.04%
3Y Avg
-259.02%
5Y Avg
-188.28%
Market Cap
$107.44M
Return on Invested Capital (ROIC)
-47.54%
TTM Avg
-30.79%
3Y Avg
-47.42%
5Y Avg
-44.72%
Market Cap
$107.28M
Return on Invested Capital (ROIC)
-34.77%
TTM Avg
-10.04%
3Y Avg
-11.68%
5Y Avg
-11.21%
Market Cap
$110.05M
Return on Invested Capital (ROIC)
-352.19%
TTM Avg
-1462.52%
3Y Avg
-874.13%
5Y Avg
-711.22%
Market Cap
$111.14M
Return on Invested Capital (ROIC)
-3.19%
TTM Avg
-2.23%
3Y Avg
-1.75%
5Y Avg
1.24%
Market Cap
$105.48M
Return on Invested Capital (ROIC)
41.64%
TTM Avg
-39.48%
3Y Avg
-25.23%
5Y Avg
-17.21%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apyx Medical Corporation (APYX) | $108.64M | -6.84% | -14.49% | -26.74% | -31.73% |
| Corbus Pharmaceuticals Holdings, Inc. (CRBP)vs › | $108.29M | -101.30% | -45.83% | -127.78% | -123.84% |
| Aardvark Therapeutics, Inc. Common Stock (AARD)vs › | $109.42M | -97.99% | -45.11% | -60.38% | -60.38% |
| Immunic, Inc. (IMUX)vs › | $107.75M | -92.16% | -430.04% | -259.02% | -188.28% |
| Black Diamond Therapeutics, Inc. (BDTX)vs › | $107.44M | -47.54% | -30.79% | -47.42% | -44.72% |
| Cumberland Pharmaceuticals Inc. (CPIX)vs › | $107.28M | -34.77% | -10.04% | -11.68% | -11.21% |
| Outlook Therapeutics, Inc. (OTLK)vs › | $110.05M | -352.19% | -1462.52% | -874.13% | -711.22% |
| BGM Group Ltd. (BGM)vs › | $111.14M | -3.19% | -2.23% | -1.75% | 1.24% |
| Definitive Healthcare Corp. (DH)vs › | $105.48M | 41.64% | -39.48% | -25.23% | -17.21% |
| Coya Therapeutics, Inc. (COYA)vs › | $113.30M | -0.05% | -44.27% | -81.25% | -78.53% |
ROIC
-6.8%
ROE
-81.0%
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 | -6.84% |
| 2026-03-31 | -7.97% |
| 2025-12-31 | -11.69% |
| 2025-09-30 | -20.31% |
| 2025-06-30 | -25.63% |
| 2025-03-31 | -29.95% |
| 2024-12-31 | -34.82% |
| 2024-09-30 | -41.88% |
| 2024-06-30 | -41.23% |
| 2024-03-31 | -30.36% |
| 2023-12-31 | -25.95% |
| 2023-09-30 | -35.43% |
| 2023-06-30 | -35.49% |
| 2023-03-31 | -49.54% |
| 2022-12-31 | -59.02% |
| 2022-09-30 | -43.84% |
| 2022-06-30 | -36.38% |
| 2022-03-31 | -30.30% |
| 2021-12-31 | -26.02% |
| 2021-09-30 | -26.42% |
| 2021-06-30 | -25.85% |
| 2021-03-31 | -28.25% |
| 2020-12-31 | -30.92% |
| 2020-09-30 | -36.33% |
| 2020-06-30 | -35.55% |
| 2020-03-31 | -31.52% |
| 2019-12-31 | -27.97% |
| 2019-09-30 | -25.05% |
| 2019-06-30 | -21.75% |
| 2019-03-31 | -15.93% |
| 2018-12-31 | -10.33% |
| 2018-09-30 | -5.48% |
| 2018-06-30 | -13.60% |
| 2018-03-31 | -17.81% |
| 2017-12-31 | -20.85% |
| 2017-09-30 | -19.98% |
| 2017-06-30 | -15.94% |
| 2017-03-31 | -12.45% |
| 2016-12-31 | -12.61% |
| 2016-09-30 | -16.30% |
| 2016-06-30 | -22.49% |
| 2016-03-31 | -29.76% |
| 2015-12-31 | -25.35% |
| 2015-09-30 | -25.87% |
| 2015-06-30 | -26.35% |
| 2015-03-31 | -26.80% |
| 2014-12-31 | -27.44% |
| 2014-09-30 | -17.50% |
| 2014-06-30 | -10.46% |
| 2014-03-31 | -9.78% |
| 2013-12-31 | -12.08% |
| 2013-09-30 | -10.73% |
| 2013-06-30 | -7.58% |
| 2013-03-31 | -0.06% |
| 2012-12-31 | 2.93% |
| 2012-09-30 | -1.82% |
| 2012-06-30 | -1.95% |
| 2012-03-31 | -0.80% |
| 2011-12-31 | -0.07% |
| 2011-09-30 | -0.49% |
| 2011-06-30 | -1.86% |
| 2011-03-31 | -6.98% |
| 2010-12-31 | -10.67% |
| 2010-09-30 | -4.49% |
| 2010-06-30 | -4.47% |
| 2010-03-31 | -0.60% |
| 2009-12-31 | 2.57% |
| 2009-09-30 | 2.49% |
| 2009-06-30 | 3.97% |
| 2009-03-31 | 4.67% |
| 2008-12-31 | 3.99% |
| 2008-09-30 | 7.00% |
| 2008-06-30 | 8.77% |
| 2008-03-31 | 11.55% |
| 2007-12-31 | 12.28% |
| 2007-09-30 | 12.36% |
| 2007-06-30 | 13.45% |
| 2007-03-31 | 15.21% |
| 2006-12-31 | 17.46% |
| 2006-09-30 | 13.31% |
| 2006-06-30 | 15.67% |
| 2006-03-31 | 9.07% |
| 2005-12-31 | 3.85% |
| 2005-09-30 | 2.27% |
| 2005-06-30 | 5.98% |
| 2005-03-31 | 11.47% |
| 2004-12-31 | 13.27% |
| 2004-09-30 | 9.89% |
| 2004-06-30 | 9.39% |
| 2004-03-31 | 10.81% |
| 2003-12-31 | 9.06% |
| 2003-09-30 | 8.01% |
| 2003-06-30 | 2.02% |
