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 -60.14% is 19% above its 5-year average of -74.01%, near the high end of its 5-year range (-117.97%–-36.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.37% above its 12-month average of -71.05%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -60.14%.
RETURN ON INVESTED CAPITAL (ROIC)
-60.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-71.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-73.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-74.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-78.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-78.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+15.37%
CURRENT VS 3Y AVG
+18.23%
CURRENT VS 5Y AVG
+18.74%
CURRENT VS 10Y AVG
+23.40%
CURRENT VS 15Y AVG
+23.45%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
5.26%
median of 337 covered companies
CURRENT VS SECTOR MEDIAN
-1243.27%
vs the sector median at left
ClearSign Technologies Corporation
Market Cap
$20.81M
Return on Invested Capital (ROIC)
-60.14%
TTM Avg
-71.05%
3Y Avg
-73.55%
5Y Avg
-74.01%
Market Cap
$21.10M
Return on Invested Capital (ROIC)
13.08%
TTM Avg
10.70%
3Y Avg
9.09%
5Y Avg
7.68%
Market Cap
$21.38M
Return on Invested Capital (ROIC)
7.02%
TTM Avg
9.46%
3Y Avg
14.32%
5Y Avg
8.98%
Market Cap
$19.13M
Return on Invested Capital (ROIC)
1.12%
TTM Avg
0.10%
3Y Avg
3.94%
5Y Avg
4.79%
Market Cap
$18.30M
Return on Invested Capital (ROIC)
-156.72%
TTM Avg
-71.03%
3Y Avg
-71.03%
5Y Avg
-64.57%
Market Cap
$16.88M
Return on Invested Capital (ROIC)
1.08%
TTM Avg
1.92%
3Y Avg
3.02%
5Y Avg
-1.90%
Market Cap
$16.28M
Return on Invested Capital (ROIC)
14.92%
TTM Avg
14.92%
3Y Avg
14.92%
5Y Avg
14.92%
Market Cap
$25.56M
Return on Invested Capital (ROIC)
-17.10%
TTM Avg
-30.80%
3Y Avg
-84.18%
5Y Avg
-105.68%
Market Cap
$15.83M
Return on Invested Capital (ROIC)
-12.23%
TTM Avg
-39.02%
3Y Avg
-28.30%
5Y Avg
-26.08%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ClearSign Technologies Corporation (CLIR) | $20.81M | -60.14% | -71.05% | -73.55% | -74.01% |
| Greenland Technologies Holding Corporation (GTEC)vs › | $21.10M | 13.08% | 10.70% | 9.09% | 7.68% |
| Performance Shipping Inc. (PSHG)vs › | $21.38M | 7.02% | 9.46% | 14.32% | 8.98% |
| Castor Maritime Inc. (CTRM)vs › | $19.13M | 1.12% | 0.10% | 3.94% | 4.79% |
| High-Trend International Group (HTCO)vs › | $18.30M | -156.72% | -71.03% | -71.03% | -64.57% |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $16.88M | 1.08% | 1.92% | 3.02% | -1.90% |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $16.28M | 14.92% | 14.92% | 14.92% | 14.92% |
| BioHarvest Sciences Inc. (BHST)vs › | $25.56M | -17.10% | -30.80% | -84.18% | -105.68% |
| Greenpro Capital Corp. (GRNQ)vs › | $15.83M | -12.23% | -39.02% | -28.30% | -26.08% |
| Knightscope, Inc. (KSCP)vs › | $14.58M | -105.20% | -118.04% | -158.28% | -160.87% |
ROIC
-60.1%
ROE
-53.3%
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 | -60.14% |
| 2026-03-31 | -80.68% |
| 2025-12-31 | -65.04% |
| 2025-09-30 | -81.09% |
| 2025-06-30 | -68.33% |
| 2025-03-31 | -61.39% |
| 2024-12-31 | -46.75% |
| 2024-09-30 | -39.19% |
| 2024-06-30 | -36.95% |
| 2024-03-31 | -117.97% |
| 2023-12-31 | -109.99% |
| 2023-09-30 | -103.31% |
| 2023-06-30 | -85.27% |
| 2023-03-31 | -71.64% |
| 2022-12-31 | -62.56% |
| 2022-09-30 | -52.90% |
| 2022-06-30 | -64.71% |
| 2022-03-31 | -97.24% |
| 2021-12-31 | -94.36% |
| 2021-09-30 | -89.34% |
| 2021-06-30 | -65.33% |
| 2021-03-31 | -54.53% |
| 2020-12-31 | -67.89% |
| 2020-09-30 | -58.15% |
| 2020-06-30 | -100.62% |
| 2020-03-31 | -100.11% |
| 2019-12-31 | -87.38% |
| 2019-09-30 | -85.39% |
| 2019-06-30 | -76.09% |
| 2019-03-31 | -64.50% |
| 2018-12-31 | -56.30% |
| 2018-09-30 | -49.35% |
| 2018-06-30 | -97.08% |
| 2018-03-31 | -78.09% |
| 2017-12-31 | -369.70% |
| 2017-09-30 | -179.65% |
| 2017-06-30 | -142.02% |
| 2017-03-31 | -113.14% |
| 2016-12-31 | -499.33% |
| 2016-09-30 | -263.73% |
| 2016-06-30 | -120.04% |
| 2016-03-31 | -87.72% |
| 2015-12-31 | -63.14% |
| 2015-09-30 | -51.22% |
| 2015-06-30 | -44.29% |
| 2015-03-31 | -39.47% |
| 2014-12-31 | -217.00% |
| 2014-09-30 | -121.17% |
| 2014-06-30 | -87.60% |
| 2014-03-31 | -68.78% |
| 2013-12-31 | -138.65% |
| 2013-09-30 | -107.43% |
| 2013-06-30 | -81.64% |
| 2013-03-31 | -62.74% |
| 2012-12-31 | -48.55% |
| 2012-09-30 | -36.84% |
| 2012-06-30 | -29.90% |
| 2012-03-31 | -2030.57% |
| 2011-12-31 | -317.34% |
| 2011-09-30 | -175.89% |
| 2011-06-30 | -92.07% |
