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 -38.14% is 143% below its 5-year average of -15.69%, near the low end of its 5-year range (-38.14%–-3.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 41.86% below its 12-month average of -26.89%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -38.14%.
RETURN ON INVESTED CAPITAL (ROIC)
-38.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-26.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-18.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-15.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-10.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-5.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-4.82%
CURRENT VS TTM AVG
-41.86%
CURRENT VS 3Y AVG
-101.76%
CURRENT VS 5Y AVG
-143.08%
CURRENT VS 10Y AVG
-269.58%
CURRENT VS 15Y AVG
-608.25%
CURRENT VS 20Y AVG
-691.05%
SECTOR MEDIAN · TECHNOLOGY
3.68%
median of 399 covered companies
CURRENT VS SECTOR MEDIAN
-1136.41%
vs the sector median at left
Aware, Inc.
Market Cap
$23.38M
Return on Invested Capital (ROIC)
-38.14%
TTM Avg
-26.89%
3Y Avg
-18.90%
5Y Avg
-15.69%
Market Cap
$23.42M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$22.36M
Return on Invested Capital (ROIC)
-40.82%
TTM Avg
-27.93%
3Y Avg
-20.68%
5Y Avg
-19.46%
Market Cap
$24.99M
Return on Invested Capital (ROIC)
-76.30%
TTM Avg
-1400.83%
3Y Avg
-750.96%
5Y Avg
-613.49%
Market Cap
$21.08M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.29M
Return on Invested Capital (ROIC)
0.15%
TTM Avg
-4.30%
3Y Avg
-32.47%
5Y Avg
-2.32%
Market Cap
$19.61M
Return on Invested Capital (ROIC)
-32.65%
TTM Avg
-48.14%
3Y Avg
-42.50%
5Y Avg
-295.07%
Market Cap
$27.22M
Return on Invested Capital (ROIC)
-8.50%
TTM Avg
-7.93%
3Y Avg
-9.33%
5Y Avg
-1.74%
Market Cap
$19.23M
Return on Invested Capital (ROIC)
-60.60%
TTM Avg
-1495.05%
3Y Avg
-1495.05%
5Y Avg
-990.19%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aware, Inc. (AWRE) | $23.38M | -38.14% | -26.89% | -18.90% | -15.69% |
| DarkHorse Technologies Inc. (DRK)vs › | $23.42M | N/A | N/A | N/A | N/A |
| Beamr Imaging Ltd. (BMR)vs › | $22.36M | -40.82% | -27.93% | -20.68% | -19.46% |
| BeLive Holdings (BLIV)vs › | $24.99M | -76.30% | -1400.83% | -750.96% | -613.49% |
| Exyn Technologies, Inc. (EXYN)vs › | $21.08M | N/A | N/A | N/A | N/A |
| MicroCloud Hologram Inc. (HOLO)vs › | $20.29M | 0.15% | -4.30% | -32.47% | -2.32% |
| Giftify, Inc. (GIFT)vs › | $19.61M | -32.65% | -48.14% | -42.50% | -295.07% |
| Franklin Wireless Corp. (FKWL)vs › | $27.22M | -8.50% | -7.93% | -9.33% | -1.74% |
| Firefly Neuroscience, Inc. (AIFF)vs › | $19.23M | -60.60% | -1495.05% | -1495.05% | -990.19% |
| Future FinTech Group Inc. (FTFT)vs › | $28.03M | -9.84% | -163.40% | -91.86% | -88.43% |
ROIC
-38.1%
ROE
-41.3%
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 | -38.14% |
| 2026-03-31 | -31.74% |
| 2025-12-31 | -22.08% |
| 2025-09-30 | -21.23% |
| 2025-06-30 | -21.23% |
| 2025-03-31 | -18.40% |
| 2024-12-31 | -15.94% |
| 2024-09-30 | -23.83% |
| 2024-06-30 | -17.25% |
| 2024-03-31 | -21.05% |
| 2023-12-31 | -22.04% |
| 2023-09-30 | -14.36% |
| 2023-06-30 | -10.51% |
| 2023-03-31 | -6.45% |
| 2022-12-31 | -4.83% |
| 2022-09-30 | -3.95% |
| 2022-06-30 | -14.08% |
| 2022-03-31 | -14.33% |
| 2021-12-31 | -14.30% |
| 2021-09-30 | -15.21% |
| 2021-06-30 | -17.02% |
| 2021-03-31 | -21.47% |
| 2020-12-31 | -20.63% |
| 2020-09-30 | -19.68% |
| 2020-06-30 | -16.18% |
| 2020-03-31 | -10.36% |
| 2019-12-31 | -7.73% |
| 2019-09-30 | -3.19% |
| 2019-06-30 | 0.38% |
| 2019-03-31 | 1.66% |
| 2018-12-31 | 0.62% |
| 2018-09-30 | -0.40% |
| 2018-06-30 | 0.08% |
| 2018-03-31 | 0.64% |
| 2017-12-31 | 1.73% |
| 2017-09-30 | 3.39% |
| 2017-06-30 | 4.06% |
| 2017-03-31 | 6.10% |
| 2016-12-31 | 6.77% |
| 2016-09-30 | 9.03% |
| 2016-06-30 | 10.05% |
| 2016-03-31 | 7.71% |
| 2015-12-31 | 6.97% |
| 2015-09-30 | 2.83% |
| 2015-06-30 | 6.17% |
| 2015-03-31 | 7.31% |
| 2014-12-31 | 8.54% |
| 2014-09-30 | 9.10% |
| 2014-06-30 | 1.92% |
| 2014-03-31 | 0.22% |
| 2013-12-31 | 1.49% |
| 2013-09-30 | 4.46% |
| 2013-06-30 | 6.88% |
| 2013-03-31 | 6.75% |
| 2012-12-31 | 5.37% |
| 2012-09-30 | 2.39% |
| 2012-06-30 | 2.69% |
| 2012-03-31 | 5.23% |
| 2011-12-31 | 4.51% |
| 2011-09-30 | 3.27% |
| 2011-06-30 | 0.83% |
| 2011-03-31 | 0.45% |
| 2010-12-31 | -0.66% |
| 2010-09-30 | -1.93% |
| 2010-06-30 | -4.21% |
| 2010-03-31 | -6.55% |
| 2009-12-31 | -11.15% |
| 2009-09-30 | -0.69% |
| 2009-06-30 | -0.11% |
| 2009-03-31 | 0.06% |
| 2008-12-31 | 1.14% |
| 2008-09-30 | -8.94% |
| 2008-06-30 | -5.84% |
| 2008-03-31 | -5.48% |
| 2007-12-31 | -2.94% |
| 2007-09-30 | -1.80% |
| 2007-06-30 | -1.07% |
| 2007-03-31 | -1.18% |
| 2006-12-31 | -0.55% |
| 2006-09-30 | -4.78% |
| 2006-06-30 | -5.82% |
| 2006-03-31 | -6.07% |
| 2005-12-31 | -7.62% |
| 2005-09-30 | -3.78% |
| 2005-06-30 | -4.33% |
| 2005-03-31 | -2.44% |
| 2004-12-31 | -3.95% |
| 2004-09-30 | -7.91% |
| 2004-06-30 | -11.92% |
| 2004-03-31 | -13.96% |
| 2003-12-31 | -17.40% |
| 2003-09-30 | -22.63% |
| 2003-06-30 | -23.64% |
