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 -36.72% is 58% above its 5-year average of -87.83%, near the high end of its 5-year range (-352.45%–-26.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.27% below its 12-month average of -34.88%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -36.72%.
RETURN ON INVESTED CAPITAL (ROIC)
-36.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-34.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-74.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-87.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-42.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-19.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-5.39%
CURRENT VS TTM AVG
-5.27%
CURRENT VS 3Y AVG
+50.48%
CURRENT VS 5Y AVG
+58.19%
CURRENT VS 10Y AVG
+12.99%
CURRENT VS 15Y AVG
-86.87%
CURRENT VS 20Y AVG
-581.24%
SECTOR MEDIAN · BASIC MATERIALS
4.18%
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
-978.43%
vs the sector median at left
Collective Mining Ltd.
Market Cap
$1.14B
Return on Invested Capital (ROIC)
-36.72%
TTM Avg
-34.88%
3Y Avg
-74.14%
5Y Avg
-87.83%
Market Cap
$1.16B
Return on Invested Capital (ROIC)
-204.08%
TTM Avg
-54.89%
3Y Avg
-48.98%
5Y Avg
-39.20%
Market Cap
$1.18B
Return on Invested Capital (ROIC)
0.89%
TTM Avg
0.27%
3Y Avg
-0.77%
5Y Avg
0.55%
Market Cap
$1.10B
Return on Invested Capital (ROIC)
-20.52%
TTM Avg
-30.34%
3Y Avg
-24.48%
5Y Avg
-106.63%
Market Cap
$1.08B
Return on Invested Capital (ROIC)
7.53%
TTM Avg
-3.66%
3Y Avg
-15.55%
5Y Avg
-14.77%
Market Cap
$1.07B
Return on Invested Capital (ROIC)
9.19%
TTM Avg
-4.67%
3Y Avg
-4.65%
5Y Avg
-4.38%
Market Cap
$1.02B
Return on Invested Capital (ROIC)
9.47%
TTM Avg
7.53%
3Y Avg
6.58%
5Y Avg
3.85%
Market Cap
$955.68M
Return on Invested Capital (ROIC)
12.29%
TTM Avg
6.91%
3Y Avg
4.54%
5Y Avg
1.50%
Market Cap
$945.32M
Return on Invested Capital (ROIC)
2.56%
TTM Avg
1.04%
3Y Avg
1.04%
5Y Avg
1.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Collective Mining Ltd. (CNL) | $1.14B | -36.72% | -34.88% | -74.14% | -87.83% |
| Evolution Metals & Technologies Corp. Common Stock (EMAT)vs › | $1.16B | -204.08% | -54.89% | -48.98% | -39.20% |
| Elemental Royalty Corporation Common Stock (ELE)vs › | $1.18B | 0.89% | 0.27% | -0.77% | 0.55% |
| Critical Metals Corp. (CRML)vs › | $1.10B | -20.52% | -30.34% | -24.48% | -106.63% |
| Sigma Lithium Corporation (SGML)vs › | $1.08B | 7.53% | -3.66% | -15.55% | -14.77% |
| Green Plains Inc. (GPRE)vs › | $1.07B | 9.19% | -4.67% | -4.65% | -4.38% |
| NWPX Infrastructure, Inc. (NWPX)vs › | $1.02B | 9.47% | 7.53% | 6.58% | 3.85% |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $955.68M | 12.29% | 6.91% | 4.54% | 1.50% |
| Versamet Royalties Corporation Common Stock (VMET)vs › | $945.32M | 2.56% | 1.04% | 1.04% | 1.04% |
| Lightwave Logic, Inc. (LWLG)vs › | $868.19M | -22.76% | -45.10% | -51.52% | -62.49% |
ROIC
-36.7%
ROE
-49.0%
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 | -36.72% |
| 2026-03-31 | -26.85% |
| 2025-12-31 | -27.53% |
| 2025-09-30 | -48.09% |
| 2025-06-30 | -35.21% |
| 2025-03-31 | -31.95% |
| 2024-12-31 | -64.21% |
| 2024-09-30 | -156.42% |
| 2024-06-30 | -110.30% |
| 2024-03-31 | -94.76% |
| 2023-12-31 | -152.94% |
| 2023-09-30 | -97.34% |
| 2023-06-30 | -81.53% |
| 2023-03-31 | -62.66% |
| 2022-12-31 | -235.46% |
| 2022-09-30 | -352.45% |
| 2022-06-30 | -182.69% |
| 2022-03-31 | -111.07% |
| 2021-12-31 | -74.67% |
| 2021-09-30 | -38.39% |
| 2021-03-31 | -2278.44% |
| 2020-12-31 | -71.25% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.91% |
| 2018-12-31 | 1.78% |
| 2018-09-30 | 1.52% |
| 2018-06-30 | 3.30% |
| 2018-03-31 | 3.24% |
| 2017-12-31 | 3.20% |
| 2017-09-30 | 2.87% |
| 2017-06-30 | 2.88% |
| 2017-03-31 | 1.42% |
| 2016-12-31 | 2.16% |
| 2016-09-30 | 2.09% |
| 2016-06-30 | 2.28% |
| 2016-03-31 | 4.22% |
| 2015-12-31 | 4.39% |
| 2015-09-30 | 4.44% |
| 2015-06-30 | 4.71% |
| 2015-03-31 | 4.85% |
| 2014-12-31 | 4.80% |
| 2014-09-30 | 5.12% |
| 2014-06-30 | 5.02% |
| 2014-03-31 | 5.19% |
| 2013-12-31 | 5.17% |
| 2013-09-30 | 5.15% |
| 2013-06-30 | 5.21% |
| 2013-03-31 | 5.24% |
| 2012-12-31 | 5.10% |
| 2012-09-30 | 4.86% |
| 2012-06-30 | 5.16% |
| 2012-03-31 | 5.17% |
| 2011-12-31 | 5.26% |
| 2011-09-30 | 4.50% |
| 2011-06-30 | 2.82% |
| 2011-03-31 | 2.97% |
| 2010-12-31 | 2.73% |
| 2010-09-30 | 3.08% |
| 2010-06-30 | 3.42% |
| 2010-03-31 | 2.95% |
| 2009-12-31 | 3.84% |
| 2009-09-30 | 4.19% |
| 2009-06-30 | 3.69% |
| 2009-03-31 | 3.86% |
| 2008-12-31 | 7.26% |
| 2008-09-30 | 3.81% |
| 2008-06-30 | 3.79% |
| 2008-03-31 | 3.49% |
| 2007-12-31 | 3.37% |
| 2007-09-30 | 3.87% |
| 2007-06-30 | 3.51% |
| 2007-03-31 | 3.54% |
| 2006-12-31 | 3.60% |
| 2006-09-30 | 14.21% |
| 2006-06-30 | 27.35% |
| 2006-03-31 | 37.38% |
| 2005-12-31 | 47.09% |
| 2005-09-30 | 43.63% |
| 2005-06-30 | 32.42% |
| 2005-03-31 | 18.67% |
| 2004-12-31 | 11.12% |
| 2004-09-30 | 21.10% |
| 2003-06-30 | 1.29% |
| 2003-03-31 | 5.78% |
