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 -47.16% is 20% below its 5-year average of -39.37%, around the middle of its 5-year range (-108.67%–-18.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.88% below its 12-month average of -41.41%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -47.16%.
RETURN ON INVESTED CAPITAL (ROIC)
-47.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-41.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-40.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-39.37%
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
-13.88%
CURRENT VS 3Y AVG
-15.59%
CURRENT VS 5Y AVG
-19.78%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.81%
median of 213 covered companies
CURRENT VS SECTOR MEDIAN
-703.79%
vs the sector median at left
Aurora Innovation, Inc.
Market Cap
$11.12B
Return on Invested Capital (ROIC)
-47.16%
TTM Avg
-41.41%
3Y Avg
-40.80%
5Y Avg
-39.37%
Market Cap
$10.98B
Return on Invested Capital (ROIC)
5.70%
TTM Avg
-0.53%
3Y Avg
-4.07%
5Y Avg
-3.84%
Market Cap
$11.62B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
3.17%
3Y Avg
2.83%
5Y Avg
3.75%
Market Cap
$11.63B
Return on Invested Capital (ROIC)
11.16%
TTM Avg
5.13%
3Y Avg
5.92%
5Y Avg
7.10%
Market Cap
$11.90B
Return on Invested Capital (ROIC)
90.92%
TTM Avg
58.33%
3Y Avg
55.49%
5Y Avg
48.77%
Market Cap
$10.13B
Return on Invested Capital (ROIC)
18.77%
TTM Avg
17.83%
3Y Avg
16.55%
5Y Avg
16.46%
Market Cap
$12.14B
Return on Invested Capital (ROIC)
14.56%
TTM Avg
13.93%
3Y Avg
11.15%
5Y Avg
7.19%
Market Cap
$10.07B
Return on Invested Capital (ROIC)
7.78%
TTM Avg
4.21%
3Y Avg
2.94%
5Y Avg
6.67%
Market Cap
$12.19B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
5.01%
3Y Avg
6.78%
5Y Avg
7.91%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aurora Innovation, Inc. (AUR) | $11.12B | -47.16% | -41.41% | -40.80% | -39.37% |
| HubSpot, Inc. (HUBS)vs › | $10.98B | 5.70% | -0.53% | -4.07% | -3.84% |
| Viavi Solutions Inc. (VIAV)vs › | $11.62B | 2.53% | 3.17% | 2.83% | 3.75% |
| FormFactor, Inc. (FORM)vs › | $11.63B | 11.16% | 5.13% | 5.92% | 7.10% |
| Manhattan Associates, Inc. (MANH)vs › | $11.90B | 90.92% | 58.33% | 55.49% | 48.77% |
| Jack Henry & Associates, Inc. (JKHY)vs › | $10.13B | 18.77% | 17.83% | 16.55% | 16.46% |
| Rambus Inc. (RMBS)vs › | $12.14B | 14.56% | 13.93% | 11.15% | 7.19% |
| Qorvo, Inc. (QRVO)vs › | $10.07B | 7.78% | 4.21% | 2.94% | 6.67% |
| Advanced Energy Industries, Inc. (AEIS)vs › | $12.19B | 8.56% | 5.01% | 6.78% | 7.91% |
| Grab Holdings Limited (GRAB)vs › | $12.24B | 2.70% | 0.52% | -5.02% | -10.45% |
ROIC
-47.2%
ROE
-46.1%
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 | -47.16% |
| 2026-03-31 | -45.27% |
| 2025-12-31 | -40.17% |
| 2025-09-30 | -35.53% |
| 2025-06-30 | -38.92% |
| 2025-03-31 | -41.32% |
| 2024-12-31 | -38.66% |
| 2024-09-30 | -36.14% |
| 2024-06-30 | -43.70% |
| 2024-03-31 | -41.44% |
| 2023-12-31 | -39.31% |
| 2023-09-30 | -41.94% |
| 2023-06-30 | -58.78% |
| 2023-03-31 | -108.67% |
| 2022-12-31 | -96.56% |
| 2022-09-30 | -81.22% |
| 2022-06-30 | -72.71% |
| 2022-03-31 | -19.58% |
| 2021-12-31 | -20.31% |
| 2021-09-30 | -21.90% |
| 2021-06-30 | -18.40% |
| 2021-03-31 | -13.07% |
| 2020-12-31 | -37.16% |
