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 -24.39% is 91% above its 5-year average of -277.97%, near the high end of its 5-year range (-2139.48%–-16.03%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.23% above its 12-month average of -30.20%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -24.39%.
RETURN ON INVESTED CAPITAL (ROIC)
-24.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-30.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-361.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-277.97%
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
+19.23%
CURRENT VS 3Y AVG
+93.25%
CURRENT VS 5Y AVG
+91.22%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-850.55%
vs the sector median at left
Draganfly Inc.
Market Cap
$182.48M
Return on Invested Capital (ROIC)
-24.39%
TTM Avg
-30.20%
3Y Avg
-361.56%
5Y Avg
-277.97%
Market Cap
$175.22M
Return on Invested Capital (ROIC)
-1.42%
TTM Avg
-1.67%
3Y Avg
0.29%
5Y Avg
0.11%
Market Cap
$174.78M
Return on Invested Capital (ROIC)
-14.66%
TTM Avg
-47.03%
3Y Avg
-99.47%
5Y Avg
-88.74%
Market Cap
$191.47M
Return on Invested Capital (ROIC)
2.41%
TTM Avg
1.60%
3Y Avg
-0.95%
5Y Avg
-0.54%
Market Cap
$194.08M
Return on Invested Capital (ROIC)
7.00%
TTM Avg
11.42%
3Y Avg
12.37%
5Y Avg
8.12%
Market Cap
$163.63M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$203.73M
Return on Invested Capital (ROIC)
-4.56%
TTM Avg
-5.36%
3Y Avg
-10.93%
5Y Avg
-12.53%
Market Cap
$205.34M
Return on Invested Capital (ROIC)
-2.85%
TTM Avg
-2.40%
3Y Avg
-2.50%
5Y Avg
-11.09%
Market Cap
$159.01M
Return on Invested Capital (ROIC)
7.37%
TTM Avg
-1.07%
3Y Avg
4.01%
5Y Avg
6.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Draganfly Inc. (DPRO) | $182.48M | -24.39% | -30.20% | -361.56% | -277.97% |
| Toro Corp. (TORO)vs › | $175.22M | -1.42% | -1.67% | 0.29% | 0.11% |
| Sidus Space, Inc. (SIDU)vs › | $174.78M | -14.66% | -47.03% | -99.47% | -88.74% |
| Ampco-Pittsburgh Corp. (AP)vs › | $191.47M | 2.41% | 1.60% | -0.95% | -0.54% |
| Taylor Devices, Inc. (TAYD)vs › | $194.08M | 7.00% | 11.42% | 12.37% | 8.12% |
| Roze AI Inc. (RZAI)vs › | $163.63M | N/A | N/A | N/A | N/A |
| Microvast Holdings, Inc. (MVST)vs › | $203.73M | -4.56% | -5.36% | -10.93% | -12.53% |
| AIRO Group Holdings, Inc. Common Stock (AIRO)vs › | $205.34M | -2.85% | -2.40% | -2.50% | -11.09% |
| EuroDry Ltd. (EDRY)vs › | $159.01M | 7.37% | -1.07% | 4.01% | 6.34% |
| NeoVolta Inc (NEOV)vs › | $156.48M | -40.34% | -60.16% | -52.98% | -101.23% |
ROIC
-24.4%
ROE
-22.2%
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 | -24.39% |
| 2026-03-31 | -16.03% |
| 2025-12-31 | -21.28% |
| 2025-09-30 | -23.68% |
| 2025-06-30 | -65.61% |
| 2025-03-31 | -876.12% |
| 2024-12-31 | -309.88% |
| 2024-09-30 | -284.89% |
| 2024-03-31 | -850.59% |
| 2023-12-31 | -2139.48% |
| 2023-09-30 | -1012.18% |
| 2023-06-30 | -492.45% |
| 2023-03-31 | -294.50% |
| 2022-12-31 | -404.14% |
| 2022-09-30 | -89.38% |
| 2022-06-30 | -78.07% |
| 2022-03-31 | -66.47% |
| 2021-12-31 | -53.74% |
| 2021-09-30 | -40.07% |
| 2020-12-31 | -201.75% |
| 2020-09-30 | -246.68% |
| 2020-06-30 | -148.55% |
| 2020-03-31 | -215.89% |
| 2019-12-31 | -142.74% |
| 2019-06-30 | -858.41% |
