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 -11.97% is 83% below its 5-year average of -6.53%, near the low end of its 5-year range (-11.97%–-2.31%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.36% below its 12-month average of -10.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -11.97%.
RETURN ON INVESTED CAPITAL (ROIC)
-11.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-10.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-8.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-6.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-11.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-7.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-2.24%
CURRENT VS TTM AVG
-12.36%
CURRENT VS 3Y AVG
-39.59%
CURRENT VS 5Y AVG
-83.18%
CURRENT VS 10Y AVG
-8.60%
CURRENT VS 15Y AVG
-58.47%
CURRENT VS 20Y AVG
-433.10%
SECTOR MEDIAN · INDUSTRIALS
3.79%
median of 416 covered companies
CURRENT VS SECTOR MEDIAN
-415.36%
vs the sector median at left
Fuel Tech, Inc.
Market Cap
$52.05M
Return on Invested Capital (ROIC)
-11.97%
TTM Avg
-10.65%
3Y Avg
-8.57%
5Y Avg
-6.53%
Market Cap
$50.74M
Return on Invested Capital (ROIC)
-201.25%
TTM Avg
-174.40%
3Y Avg
-116.26%
5Y Avg
-82.43%
Market Cap
$53.79M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-493.99%
3Y Avg
-233.98%
5Y Avg
-179.85%
Market Cap
$49.00M
Return on Invested Capital (ROIC)
-34.39%
TTM Avg
-40.60%
3Y Avg
-51.92%
5Y Avg
-85.65%
Market Cap
$49.50M
Return on Invested Capital (ROIC)
0.69%
TTM Avg
0.91%
3Y Avg
0.59%
5Y Avg
-1.20%
Market Cap
$48.56M
Return on Invested Capital (ROIC)
-54.95%
TTM Avg
-48.99%
3Y Avg
-37.66%
5Y Avg
-53.86%
Market Cap
$47.87M
Return on Invested Capital (ROIC)
-5.63%
TTM Avg
-12.02%
3Y Avg
-8.12%
5Y Avg
-7.57%
Market Cap
$46.48M
Return on Invested Capital (ROIC)
6.16%
TTM Avg
6.21%
3Y Avg
5.98%
5Y Avg
5.22%
Market Cap
$44.27M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-92.82%
3Y Avg
-92.82%
5Y Avg
-92.82%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fuel Tech, Inc. (FTEK) | $52.05M | -11.97% | -10.65% | -8.57% | -6.53% |
| 374Water Inc. (SCWO)vs › | $50.74M | -201.25% | -174.40% | -116.26% | -82.43% |
| New Century Logistics (BVI) Limited (NCEW)vs › | $53.79M | N/A | -493.99% | -233.98% | -179.85% |
| Avax One Technology Ltd (AVX)vs › | $49.00M | -34.39% | -40.60% | -51.92% | -85.65% |
| OPAL Fuels Inc. (OPAL)vs › | $49.50M | 0.69% | 0.91% | 0.59% | -1.20% |
| Mobilicom Ltd (MOB)vs › | $48.56M | -54.95% | -48.99% | -37.66% | -53.86% |
| Culp, Inc. (CULP)vs › | $47.87M | -5.63% | -12.02% | -8.12% | -7.57% |
| Shengfeng Development Limited (SFWL)vs › | $46.48M | 6.16% | 6.21% | 5.98% | 5.22% |
| Circle8 Group, Inc. (CIRC)vs › | $44.27M | N/A | -92.82% | -92.82% | -92.82% |
| First Breach Inc. (FBDT)vs › | $44.20M | N/A | N/A | N/A | N/A |
ROIC
-12.0%
ROE
-9.3%
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 | -11.97% |
| 2026-03-31 | -10.95% |
| 2025-12-31 | -9.00% |
| 2025-09-30 | -10.41% |
| 2025-06-30 | -10.93% |
| 2025-03-31 | -9.34% |
| 2024-12-31 | -10.95% |
| 2024-09-30 | -7.56% |
| 2024-06-30 | -6.91% |
| 2024-03-31 | -8.22% |
| 2023-12-31 | -5.94% |
| 2023-09-30 | -4.68% |
| 2023-06-30 | -4.60% |
| 2023-03-31 | -2.66% |
| 2022-12-31 | -3.36% |
| 2022-09-30 | -3.30% |
| 2022-06-30 | -2.47% |
| 2022-03-31 | -2.88% |
| 2021-12-31 | -2.53% |
| 2021-09-30 | -6.24% |
| 2021-06-30 | -2.31% |
| 2021-03-31 | -5.96% |
| 2020-12-31 | -17.66% |
| 2020-09-30 | -28.36% |
| 2020-06-30 | -46.91% |
| 2020-03-31 | -38.96% |
| 2019-12-31 | -30.47% |
| 2019-09-30 | -8.31% |
| 2019-06-30 | -0.70% |
| 2019-03-31 | -2.95% |
| 2018-12-31 | 0.21% |
| 2018-09-30 | -0.92% |
| 2018-06-30 | -4.54% |
| 2018-03-31 | -15.60% |
| 2017-12-31 | -22.42% |
| 2017-09-30 | -42.80% |
| 2017-06-30 | -50.20% |
| 2017-03-31 | -35.66% |
| 2016-12-31 | -33.89% |
| 2016-09-30 | -20.04% |
| 2016-06-30 | -15.33% |
| 2016-03-31 | -14.65% |
| 2015-12-31 | -13.88% |
| 2015-09-30 | -44.17% |
| 2015-06-30 | -40.65% |
| 2015-03-31 | -36.96% |
| 2014-12-31 | -33.80% |
| 2014-09-30 | 0.14% |
| 2014-06-30 | 2.44% |
| 2014-03-31 | 4.55% |
| 2013-12-31 | 5.70% |
| 2013-09-30 | 5.40% |
| 2013-06-30 | 2.96% |
| 2013-03-31 | 1.78% |
| 2012-12-31 | 3.37% |
| 2012-09-30 | 5.34% |
| 2012-06-30 | 7.11% |
| 2012-03-31 | 7.19% |
| 2011-12-31 | 7.00% |
| 2011-09-30 | 6.22% |
| 2011-06-30 | 4.54% |
| 2011-03-31 | 3.83% |
| 2010-12-31 | 2.47% |
| 2010-09-30 | 1.48% |
| 2010-06-30 | -0.08% |
| 2010-03-31 | -0.15% |
| 2009-12-31 | -3.70% |
| 2009-09-30 | -4.43% |
| 2009-06-30 | 0.58% |
| 2009-03-31 | 1.32% |
| 2008-12-31 | 4.70% |
| 2008-09-30 | 11.69% |
| 2008-06-30 | 10.20% |
| 2008-03-31 | 10.18% |
| 2007-12-31 | 9.40% |
| 2007-09-30 | 4.08% |
| 2007-06-30 | 6.68% |
| 2007-03-31 | 10.65% |
| 2006-12-31 | 12.93% |
| 2006-09-30 | 17.05% |
| 2006-06-30 | 16.76% |
| 2006-03-31 | 22.97% |
| 2005-12-31 | 24.29% |
| 2005-09-30 | 19.43% |
| 2005-06-30 | 16.55% |
| 2005-03-31 | 9.95% |
| 2004-12-31 | 1.28% |
| 2004-09-30 | 0.07% |
| 2004-06-30 | 1.67% |
| 2004-03-31 | 5.97% |
| 2003-12-31 | 5.68% |
| 2003-09-30 | 14.17% |
| 2003-06-30 | 10.47% |