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 -45.19% is 32% below its 5-year average of -34.22%, around the middle of its 5-year range (-67.23%–-16.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.62% above its 12-month average of -48.92%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -45.19%.
RETURN ON INVESTED CAPITAL (ROIC)
-45.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-48.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-38.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-34.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-36.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-33.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-32.70%
CURRENT VS TTM AVG
+7.62%
CURRENT VS 3Y AVG
-18.13%
CURRENT VS 5Y AVG
-32.07%
CURRENT VS 10Y AVG
-23.36%
CURRENT VS 15Y AVG
-33.37%
CURRENT VS 20Y AVG
-38.19%
SECTOR MEDIAN · HEALTHCARE
-35.45%
median of 794 covered companies
CURRENT VS SECTOR MEDIAN
-27.49%
vs the sector median at left
Celldex Therapeutics, Inc.
Market Cap
$2.06B
Return on Invested Capital (ROIC)
-45.19%
TTM Avg
-48.92%
3Y Avg
-38.26%
5Y Avg
-34.22%
Market Cap
$2.05B
Return on Invested Capital (ROIC)
3.61%
TTM Avg
5.05%
3Y Avg
-22.39%
5Y Avg
-28.34%
Market Cap
$2.04B
Return on Invested Capital (ROIC)
0.62%
TTM Avg
-3.84%
3Y Avg
-0.68%
5Y Avg
-0.08%
Market Cap
$2.04B
Return on Invested Capital (ROIC)
15.47%
TTM Avg
9.87%
3Y Avg
8.85%
5Y Avg
8.76%
Market Cap
$2.03B
Return on Invested Capital (ROIC)
-89.73%
TTM Avg
-14.48%
3Y Avg
-24.76%
5Y Avg
-41.39%
Market Cap
$2.09B
Return on Invested Capital (ROIC)
-25.45%
TTM Avg
-178.48%
3Y Avg
-376.60%
5Y Avg
-259.41%
Market Cap
$2.11B
Return on Invested Capital (ROIC)
8.61%
TTM Avg
7.04%
3Y Avg
7.13%
5Y Avg
6.52%
Market Cap
$2.01B
Return on Invested Capital (ROIC)
21.77%
TTM Avg
7.57%
3Y Avg
-7.64%
5Y Avg
-15.11%
Market Cap
$1.98B
Return on Invested Capital (ROIC)
6.33%
TTM Avg
5.44%
3Y Avg
-1.33%
5Y Avg
-7.01%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Celldex Therapeutics, Inc. (CLDX) | $2.06B | -45.19% | -48.92% | -38.26% | -34.22% |
| Alvotech (ALVO)vs › | $2.05B | 3.61% | 5.05% | -22.39% | -28.34% |
| Fortrea Holdings Inc. (FTRE)vs › | $2.04B | 0.62% | -3.84% | -0.68% | -0.08% |
| Progyny, Inc. (PGNY)vs › | $2.04B | 15.47% | 9.87% | 8.85% | 8.76% |
| BioCryst Pharmaceuticals, Inc. (BCRX)vs › | $2.03B | -89.73% | -14.48% | -24.76% | -41.39% |
| SELLAS Life Sciences Group, Inc. (SLS)vs › | $2.09B | -25.45% | -178.48% | -376.60% | -259.41% |
| Addus HomeCare Corporation (ADUS)vs › | $2.11B | 8.61% | 7.04% | 7.13% | 6.52% |
| Aurinia Pharmaceuticals Inc. (AUPH)vs › | $2.01B | 21.77% | 7.57% | -7.64% | -15.11% |
| Inspire Medical Systems, Inc. (INSP)vs › | $1.98B | 6.33% | 5.44% | -1.33% | -7.01% |
| Pharvaris N.V. (PHVS)vs › | $2.15B | -61.74% | -58.38% | -49.99% | -42.69% |
ROIC
-45.2%
ROE
-42.1%
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 | -45.19% |
| 2026-03-31 | -67.23% |
| 2025-12-31 | -54.02% |
| 2025-09-30 | -42.57% |
| 2025-06-30 | -35.60% |
| 2025-03-31 | -30.70% |
| 2024-12-31 | -25.91% |
| 2024-09-30 | -23.60% |
| 2024-06-30 | -21.49% |
| 2024-03-31 | -19.31% |
| 2023-12-31 | -35.57% |
| 2023-09-30 | -53.40% |
| 2023-06-30 | -42.75% |
| 2023-03-31 | -40.24% |
| 2022-12-31 | -34.49% |
| 2022-09-30 | -30.51% |
| 2022-06-30 | -27.03% |
| 2022-03-31 | -19.01% |
| 2021-12-31 | -16.64% |
| 2021-09-30 | -16.97% |
| 2021-06-30 | -36.41% |
| 2021-03-31 | -33.22% |
| 2020-12-31 | -28.59% |
| 2020-09-30 | -21.17% |
| 2020-06-30 | -19.58% |
| 2020-03-31 | -49.18% |
| 2019-12-31 | -49.45% |
| 2019-09-30 | -45.15% |
| 2019-06-30 | -38.31% |
| 2019-03-31 | -40.34% |
| 2018-12-31 | -105.89% |
| 2018-09-30 | -112.15% |
| 2018-06-30 | -122.50% |
| 2018-03-31 | -123.14% |
| 2017-12-31 | -41.27% |
| 2017-09-30 | -44.43% |
| 2017-06-30 | -40.62% |
| 2017-03-31 | -39.73% |
| 2016-12-31 | -38.18% |
| 2016-09-30 | -55.32% |
| 2016-06-30 | -52.39% |
| 2016-03-31 | -48.54% |
| 2015-12-31 | -41.55% |
| 2015-09-30 | -38.95% |
| 2015-06-30 | -35.38% |
| 2015-03-31 | -31.33% |
| 2014-12-31 | -54.15% |
| 2014-09-30 | -44.99% |
| 2014-06-30 | -38.14% |
| 2014-03-31 | -31.93% |
| 2013-12-31 | -24.93% |
| 2013-09-30 | -46.22% |
| 2013-06-30 | -36.66% |
| 2013-03-31 | -29.38% |
| 2012-12-31 | -51.19% |
| 2012-09-30 | -9.47% |
| 2012-06-30 | -6.24% |
| 2012-03-31 | -2.76% |
| 2011-12-31 | 0.06% |
| 2011-09-30 | -3.39% |
| 2011-06-30 | -0.75% |
| 2011-03-31 | -0.29% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | -3.84% |
| 2010-06-30 | -1.97% |
| 2010-03-31 | -1.33% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | -35.11% |
| 2009-06-30 | -32.17% |
| 2009-03-31 | -30.37% |
| 2008-12-31 | -52.70% |
| 2008-09-30 | -76.36% |
| 2008-06-30 | -63.49% |
| 2008-03-31 | -117.36% |
| 2007-12-31 | -58.57% |
| 2007-09-30 | -52.65% |
| 2007-06-30 | -48.90% |
| 2007-03-31 | -53.02% |
| 2006-12-31 | -43.12% |
| 2006-09-30 | -1.36% |
| 2006-06-30 | 1.16% |
| 2006-03-31 | 3.19% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | -50.43% |
| 2005-06-30 | -42.91% |
| 2005-03-31 | -46.77% |
| 2004-12-31 | -33.50% |
| 2004-09-30 | -29.92% |
| 2004-06-30 | -24.16% |
| 2004-03-31 | -20.68% |
| 2003-12-31 | -42.03% |
| 2003-09-30 | -38.86% |
| 2003-06-30 | -42.81% |
