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 -28.87% is 46% above its 5-year average of -53.27%, near the high end of its 5-year range (-1078.68%–-28.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 88.19% above its 12-month average of -244.50%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -28.87%.
RETURN ON INVESTED CAPITAL (ROIC)
-28.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-244.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-163.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-53.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-85.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-88.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+88.19%
CURRENT VS 3Y AVG
+82.30%
CURRENT VS 5Y AVG
+45.81%
CURRENT VS 10Y AVG
+66.31%
CURRENT VS 15Y AVG
+67.28%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
3.01%
median of 430 covered companies
CURRENT VS SECTOR MEDIAN
-1057.45%
vs the sector median at left
GameSquare Holdings Inc.
Market Cap
$39.49M
Return on Invested Capital (ROIC)
-28.87%
TTM Avg
-244.50%
3Y Avg
-163.10%
5Y Avg
-53.27%
Market Cap
$40.02M
Return on Invested Capital (ROIC)
-0.05%
TTM Avg
-368.15%
3Y Avg
-199.48%
5Y Avg
-159.63%
Market Cap
$40.08M
Return on Invested Capital (ROIC)
-134.27%
TTM Avg
-440.65%
3Y Avg
-440.65%
5Y Avg
-440.65%
Market Cap
$38.05M
Return on Invested Capital (ROIC)
0.14%
TTM Avg
-17.30%
3Y Avg
-10.20%
5Y Avg
-7.99%
Market Cap
$41.28M
Return on Invested Capital (ROIC)
-164.28%
TTM Avg
-117.80%
3Y Avg
-80.05%
5Y Avg
-60.05%
Market Cap
$37.83M
Return on Invested Capital (ROIC)
-49.00%
TTM Avg
-113.43%
3Y Avg
-414.47%
5Y Avg
-538.88%
Market Cap
$44.16M
Return on Invested Capital (ROIC)
-24.93%
TTM Avg
5.99%
3Y Avg
10.93%
5Y Avg
10.93%
Market Cap
$35.73M
Return on Invested Capital (ROIC)
-141.04%
TTM Avg
-80.63%
3Y Avg
-73.68%
5Y Avg
-74.04%
Market Cap
$35.66M
Return on Invested Capital (ROIC)
-7.08%
TTM Avg
-5.30%
3Y Avg
-3.16%
5Y Avg
-3.83%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GameSquare Holdings Inc. (GAME) | $39.49M | -28.87% | -244.50% | -163.10% | -53.27% |
| Brand Engagement Network, Inc. (BNAI)vs › | $40.02M | -0.05% | -368.15% | -199.48% | -159.63% |
| Aether Holdings, Inc. Common Stock (ATHR)vs › | $40.08M | -134.27% | -440.65% | -440.65% | -440.65% |
| Comtech Telecommunications Corp. (CMTL)vs › | $38.05M | 0.14% | -17.30% | -10.20% | -7.99% |
| Blaize Holdings Inc. (BZAI)vs › | $41.28M | -164.28% | -117.80% | -80.05% | -60.05% |
| Diginex Limited (DGNX)vs › | $37.83M | -49.00% | -113.43% | -414.47% | -538.88% |
| Health In Tech, Inc. (HIT)vs › | $44.16M | -24.93% | 5.99% | 10.93% | 10.93% |
| MicroVision, Inc. (MVIS)vs › | $35.73M | -141.04% | -80.63% | -73.68% | -74.04% |
| Bragg Gaming Group Inc. (BRAG)vs › | $35.66M | -7.08% | -5.30% | -3.16% | -3.83% |
| Intellicheck, Inc. (IDN)vs › | $46.38M | 12.43% | -0.78% | -9.13% | -14.94% |
ROIC
-28.9%
ROE
-609.8%
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 | -28.87% |
| 2026-03-31 | -31.63% |
| 2025-12-31 | -34.76% |
| 2025-09-30 | -48.56% |
| 2025-06-30 | -1078.68% |
| 2025-03-31 | -146.48% |
| 2024-12-31 | -116.13% |
| 2024-09-30 | -49.52% |
| 2024-06-30 | -47.02% |
| 2024-03-31 | -49.36% |
| 2022-08-31 | -67.62% |
| 2022-05-31 | -66.06% |
| 2022-02-28 | -80.72% |
| 2021-11-30 | -65.80% |
| 2021-08-31 | -69.35% |
| 2021-05-31 | -74.43% |
| 2021-02-28 | -113.88% |
| 2020-11-30 | -113.90% |
| 2020-08-31 | -82.21% |
| 2020-05-31 | -63.95% |
| 2020-02-29 | -1681.58% |
| 2019-08-31 | -117.48% |
| 2019-05-31 | -148.53% |
| 2019-02-28 | -153.17% |
| 2018-11-30 | -183.00% |
| 2018-08-31 | -161.59% |
| 2018-05-31 | -60.29% |
| 2018-02-28 | -53.47% |
| 2017-11-30 | -301.13% |
| 2017-08-31 | -676.73% |
| 2014-06-30 | -1806.19% |
| 2014-03-31 | -662.54% |
| 2013-12-31 | -91.56% |
| 2013-09-30 | -90.65% |
| 2013-06-30 | -106.19% |
| 2013-03-31 | -143.35% |
| 2012-12-31 | -87.23% |
| 2012-09-30 | -76.17% |
