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 13.67% is 517% above its 5-year average of -3.28%, near the high end of its 5-year range (-21.27%–24.27%).
As of the fiscal period ended Tuesday, June 30, 2026. 21.82% below its 12-month average of 17.48%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 13.67%.
RETURN ON INVESTED CAPITAL (ROIC)
13.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
17.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-3.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-12.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-21.82%
CURRENT VS 3Y AVG
+227.54%
CURRENT VS 5Y AVG
+517.23%
CURRENT VS 10Y AVG
+205.42%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
1.94%
median of 148 covered companies
CURRENT VS SECTOR MEDIAN
+604.39%
vs the sector median at left
Anterix Inc.
Market Cap
$1.63B
Return on Invested Capital (ROIC)
13.67%
TTM Avg
17.48%
3Y Avg
4.17%
5Y Avg
-3.28%
Market Cap
$1.38B
Return on Invested Capital (ROIC)
-4.10%
TTM Avg
-5.62%
3Y Avg
-5.12%
5Y Avg
-5.12%
Market Cap
$2.02B
Return on Invested Capital (ROIC)
2.54%
TTM Avg
3.63%
3Y Avg
3.39%
5Y Avg
3.50%
Market Cap
$2.11B
Return on Invested Capital (ROIC)
2.80%
TTM Avg
3.32%
3Y Avg
3.18%
5Y Avg
4.19%
Market Cap
$1.04B
Return on Invested Capital (ROIC)
23.63%
TTM Avg
22.73%
3Y Avg
22.40%
5Y Avg
20.21%
Market Cap
$905.74M
Return on Invested Capital (ROIC)
4.63%
TTM Avg
5.64%
3Y Avg
13.29%
5Y Avg
5.28%
Market Cap
$882.84M
Return on Invested Capital (ROIC)
4.55%
TTM Avg
2.58%
3Y Avg
-0.24%
5Y Avg
0.51%
Market Cap
$862.83M
Return on Invested Capital (ROIC)
7.68%
TTM Avg
4.80%
3Y Avg
-2.60%
5Y Avg
-1.43%
Market Cap
$2.40B
Return on Invested Capital (ROIC)
-17.76%
TTM Avg
-13.08%
3Y Avg
-13.08%
5Y Avg
-20.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Anterix Inc. (ATEX) | $1.63B | 13.67% | 17.48% | 4.17% | -3.28% |
| WEBTOON Entertainment Inc. Common stock (WBTN)vs › | $1.38B | -4.10% | -5.62% | -5.12% | -5.12% |
| Ziff Davis, Inc. (ZD)vs › | $2.02B | 2.54% | 3.63% | 3.39% | 3.50% |
| Stagwell Inc. (STGW)vs › | $2.11B | 2.80% | 3.32% | 3.18% | 4.19% |
| Ituran Location and Control Ltd. (ITRN)vs › | $1.04B | 23.63% | 22.73% | 22.40% | 20.21% |
| Sinclair, Inc. (SBGI)vs › | $905.74M | 4.63% | 5.64% | 13.29% | 5.28% |
| Taboola.com Ltd. (TBLA)vs › | $882.84M | 4.55% | 2.58% | -0.24% | 0.51% |
| QuinStreet, Inc. (QNST)vs › | $862.83M | 7.68% | 4.80% | -2.60% | -1.43% |
| Trump Media & Technology Group Corp. (DJT)vs › | $2.40B | -17.76% | -13.08% | -13.08% | -20.31% |
| Criteo S.A. (CRTO)vs › | $743.62M | 7.82% | 10.03% | 6.40% | 6.92% |
ROIC
13.7%
ROE
23.0%
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 | 13.67% |
| 2026-03-31 | 20.66% |
| 2025-12-31 | 20.84% |
| 2025-09-30 | 24.27% |
| 2025-06-30 | 7.97% |
| 2025-03-31 | -3.83% |
| 2024-12-31 | -10.46% |
| 2024-09-30 | -12.50% |
| 2024-06-30 | -7.32% |
| 2024-03-31 | -3.27% |
| 2023-12-31 | 4.57% |
| 2023-09-30 | 2.15% |
| 2023-06-30 | -2.51% |
| 2023-03-31 | -6.34% |
| 2022-12-31 | -18.83% |
| 2022-09-30 | -20.61% |
| 2022-06-30 | -14.77% |
| 2022-03-31 | -13.17% |
| 2021-12-31 | -13.32% |
| 2021-09-30 | -14.71% |
| 2021-06-30 | -21.27% |
| 2021-03-31 | -21.44% |
| 2020-12-31 | -23.33% |
| 2020-09-30 | -21.33% |
| 2020-06-30 | -17.43% |
| 2020-03-31 | -14.43% |
| 2019-12-31 | -13.52% |
| 2019-09-30 | -12.95% |
| 2019-06-30 | -21.08% |
| 2019-03-31 | -22.75% |
| 2018-12-31 | -21.48% |
| 2018-09-30 | -20.60% |
| 2018-06-30 | -17.83% |
| 2018-03-31 | -14.75% |
| 2017-12-31 | -13.81% |
| 2017-09-30 | -13.05% |
| 2017-06-30 | -12.77% |
| 2017-03-31 | -13.59% |
| 2016-12-31 | -12.91% |
| 2016-09-30 | -11.80% |
| 2016-06-30 | -10.59% |
| 2016-03-31 | -8.15% |
| 2015-12-31 | -7.55% |
| 2015-09-30 | -6.84% |
| 2015-06-30 | -5.72% |
| 2015-03-31 | -6.42% |
| 2014-12-31 | -3.94% |
| 2014-09-30 | -2.42% |
| 2014-06-30 | -1.50% |
| 2014-03-31 | -206.04% |