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 20.85% is 43% above its 5-year average of 14.62%, around the middle of its 5-year range (6.02%–33.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.28% above its 12-month average of 18.91%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 20.85%.
RETURN ON INVESTED CAPITAL (ROIC)
20.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
18.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.62%
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
+10.28%
CURRENT VS 3Y AVG
+53.61%
CURRENT VS 5Y AVG
+42.61%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
2.25%
median of 533 covered companies
CURRENT VS SECTOR MEDIAN
+826.64%
vs the sector median at left
Cricut, Inc.
Market Cap
$1.34B
Return on Invested Capital (ROIC)
20.85%
TTM Avg
18.91%
3Y Avg
13.57%
5Y Avg
14.62%
Market Cap
$1.33B
Return on Invested Capital (ROIC)
2.22%
TTM Avg
0.59%
3Y Avg
-1.70%
5Y Avg
-0.63%
Market Cap
$1.36B
Return on Invested Capital (ROIC)
-13.70%
TTM Avg
-130.68%
3Y Avg
-74.86%
5Y Avg
-55.72%
Market Cap
$1.29B
Return on Invested Capital (ROIC)
10.72%
TTM Avg
-1.62%
3Y Avg
-14.84%
5Y Avg
-1.23%
Market Cap
$1.41B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
-4.41%
3Y Avg
-11.76%
5Y Avg
-12.49%
Market Cap
$1.26B
Return on Invested Capital (ROIC)
-2.57%
TTM Avg
-29.84%
3Y Avg
-29.84%
5Y Avg
-29.84%
Market Cap
$1.44B
Return on Invested Capital (ROIC)
10.68%
TTM Avg
15.30%
3Y Avg
20.25%
5Y Avg
20.25%
Market Cap
$1.24B
Return on Invested Capital (ROIC)
6.97%
TTM Avg
6.39%
3Y Avg
6.67%
5Y Avg
6.64%
Market Cap
$1.22B
Return on Invested Capital (ROIC)
6.89%
TTM Avg
4.25%
3Y Avg
4.45%
5Y Avg
3.12%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cricut, Inc. (CRCT) | $1.34B | 20.85% | 18.91% | 13.57% | 14.62% |
| Radware Ltd. (RDWR)vs › | $1.33B | 2.22% | 0.59% | -1.70% | -0.63% |
| Quantum Corporation (QMCO)vs › | $1.36B | -13.70% | -130.68% | -74.86% | -55.72% |
| Digital Turbine, Inc. (APPS)vs › | $1.29B | 10.72% | -1.62% | -14.84% | -1.23% |
| PagerDuty, Inc. (PD)vs › | $1.41B | 4.77% | -4.41% | -11.76% | -12.49% |
| Boost Run Inc. Class A Common Stock (BRUN)vs › | $1.26B | -2.57% | -29.84% | -29.84% | -29.84% |
| Mega Fortune Company Limited (MGRT)vs › | $1.44B | 10.68% | 15.30% | 20.25% | 20.25% |
| ScanSource, Inc. (SCSC)vs › | $1.24B | 6.97% | 6.39% | 6.67% | 6.64% |
| Harmonic Inc. (HLIT)vs › | $1.22B | 6.89% | 4.25% | 4.45% | 3.12% |
| Corsair Gaming, Inc. (CRSR)vs › | $1.47B | 4.88% | -2.81% | -2.57% | 3.31% |
ROIC
20.8%
ROE
23.8%
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 | 20.85% |
| 2026-03-31 | 17.29% |
| 2025-12-31 | 18.79% |
| 2025-09-30 | 18.74% |
| 2025-06-30 | 18.87% |
| 2025-03-31 | 11.31% |
| 2024-12-31 | 10.99% |
| 2024-09-30 | 10.96% |
| 2024-06-30 | 13.12% |
| 2024-03-31 | 10.00% |
| 2023-12-31 | 8.50% |
| 2023-09-30 | 8.53% |
| 2023-06-30 | 8.50% |
| 2023-03-31 | 6.02% |
| 2022-12-31 | 8.51% |
| 2022-09-30 | 8.02% |
| 2022-06-30 | 10.49% |
| 2022-03-31 | 15.62% |
| 2021-12-31 | 20.13% |
| 2021-09-30 | 28.71% |
| 2021-06-30 | 33.09% |
| 2021-03-31 | 35.12% |
| 2020-12-31 | 66.24% |
| 2020-09-30 | 60.64% |