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 -8.34% is 82% above its 5-year average of -45.62%, near the high end of its 5-year range (-102.76%–-7.77%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.96% above its 12-month average of -11.26%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -8.34%.
RETURN ON INVESTED CAPITAL (ROIC)
-8.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-11.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-33.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-45.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-35.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-41.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-39.97%
CURRENT VS TTM AVG
+25.96%
CURRENT VS 3Y AVG
+75.32%
CURRENT VS 5Y AVG
+81.72%
CURRENT VS 10Y AVG
+76.48%
CURRENT VS 15Y AVG
+79.73%
CURRENT VS 20Y AVG
+79.14%
SECTOR MEDIAN · HEALTHCARE
-33.61%
median of 610 covered companies
CURRENT VS SECTOR MEDIAN
+75.20%
vs the sector median at left
Geron Corporation
Market Cap
$769.83M
Return on Invested Capital (ROIC)
-8.34%
TTM Avg
-11.26%
3Y Avg
-33.78%
5Y Avg
-45.62%
Market Cap
$770.68M
Return on Invested Capital (ROIC)
-23.16%
TTM Avg
-53.28%
3Y Avg
-63.06%
5Y Avg
-59.41%
Market Cap
$768.31M
Return on Invested Capital (ROIC)
3.29%
TTM Avg
2.60%
3Y Avg
-15.46%
5Y Avg
-9.88%
Market Cap
$785.71M
Return on Invested Capital (ROIC)
-0.26%
TTM Avg
4.90%
3Y Avg
-0.53%
5Y Avg
1.15%
Market Cap
$785.44M
Return on Invested Capital (ROIC)
-9.77%
TTM Avg
8.57%
3Y Avg
-11.39%
5Y Avg
-51.99%
Market Cap
$750.73M
Return on Invested Capital (ROIC)
-38.92%
TTM Avg
-31.45%
3Y Avg
-27.82%
5Y Avg
-24.27%
Market Cap
$760.77M
Return on Invested Capital (ROIC)
-42.83%
TTM Avg
-51.53%
3Y Avg
-51.53%
5Y Avg
-51.53%
Market Cap
$748.60M
Return on Invested Capital (ROIC)
-36.83%
TTM Avg
-41.75%
3Y Avg
-59.42%
5Y Avg
-51.49%
Market Cap
$805.59M
Return on Invested Capital (ROIC)
9.20%
TTM Avg
13.08%
3Y Avg
19.17%
5Y Avg
23.78%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Geron Corporation (GERN) | $769.83M | -8.34% | -11.26% | -33.78% | -45.62% |
| Lexicon Pharmaceuticals, Inc. (LXRX)vs › | $770.68M | -23.16% | -53.28% | -63.06% | -59.41% |
| Mesa Laboratories, Inc. (MLAB)vs › | $768.31M | 3.29% | 2.60% | -15.46% | -9.88% |
| AdaptHealth Corp. (AHCO)vs › | $785.71M | -0.26% | 4.90% | -0.53% | 1.15% |
| Gyre Therapeutics, Inc. (GYRE)vs › | $785.44M | -9.77% | 8.57% | -11.39% | -51.99% |
| Design Therapeutics, Inc. (DSGN)vs › | $750.73M | -38.92% | -31.45% | -27.82% | -24.27% |
| Attovia Therapeutics, Inc. (ATTO)vs › | $760.77M | -42.83% | -51.53% | -51.53% | -51.53% |
| Candel Therapeutics, Inc. (CADL)vs › | $748.60M | -36.83% | -41.75% | -59.42% | -51.49% |
| InMode Ltd. (INMD)vs › | $805.59M | 9.20% | 13.08% | 19.17% | 23.78% |
| Apnimed, Inc. (APMD)vs › | $805.62M | N/A | N/A | N/A | N/A |
ROIC
-8.3%
ROE
-32.0%
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 | -8.34% |
| 2026-03-31 | -7.77% |
| 2025-12-31 | -11.28% |
| 2025-09-30 | -13.15% |
| 2025-06-30 | -15.77% |
| 2025-03-31 | -26.89% |
| 2024-12-31 | -34.37% |
| 2024-09-30 | -54.93% |
| 2024-06-30 | -57.89% |
| 2024-03-31 | -48.78% |
| 2023-12-31 | -58.26% |
| 2023-09-30 | -52.53% |
| 2023-06-30 | -49.20% |
| 2023-03-31 | -39.36% |
| 2022-12-31 | -102.76% |
| 2022-09-30 | -78.39% |
| 2022-06-30 | -57.68% |
| 2022-03-31 | -75.25% |
| 2021-12-31 | -63.15% |
| 2021-09-30 | -55.49% |
| 2021-06-30 | -46.77% |
| 2021-03-31 | -38.47% |
| 2020-12-31 | -32.08% |
| 2020-09-30 | -31.87% |
| 2020-06-30 | -31.03% |
| 2020-03-31 | -61.98% |
| 2019-12-31 | -52.79% |
| 2019-09-30 | -34.18% |
| 2019-06-30 | -27.33% |
| 2019-03-31 | -20.62% |
| 2018-12-31 | -17.48% |
| 2018-09-30 | -15.95% |
| 2018-06-30 | -16.66% |
| 2018-03-31 | -28.87% |
| 2017-12-31 | -28.18% |
| 2017-09-30 | -27.94% |
| 2017-06-30 | -23.79% |
| 2017-03-31 | -24.79% |
| 2016-12-31 | -25.04% |
| 2016-09-30 | -23.67% |
| 2016-06-30 | 0.29% |
| 2016-03-31 | -0.12% |
| 2015-12-31 | -0.22% |
| 2015-09-30 | -0.63% |
| 2015-06-30 | -31.98% |
| 2015-03-31 | -29.59% |
| 2014-12-31 | -27.78% |
| 2014-09-30 | -26.66% |
| 2014-06-30 | -24.49% |
| 2014-03-31 | -23.66% |
| 2013-12-31 | -65.19% |
| 2013-09-30 | -77.84% |
| 2013-06-30 | -80.86% |
| 2013-03-31 | -85.23% |
| 2012-12-31 | -83.78% |
| 2012-09-30 | -83.87% |
| 2012-06-30 | -76.83% |
| 2012-03-31 | -69.27% |
| 2011-12-31 | -65.56% |
| 2011-09-30 | -70.25% |
| 2011-06-30 | -64.68% |
| 2011-03-31 | -57.33% |
| 2010-12-31 | -57.68% |
| 2010-09-30 | -45.21% |
| 2010-06-30 | -41.46% |
| 2010-03-31 | -40.25% |
| 2009-12-31 | -40.61% |
| 2009-09-30 | -40.62% |
| 2009-06-30 | -40.14% |
| 2009-03-31 | -35.73% |
| 2008-12-31 | -42.75% |
| 2008-09-30 | -35.51% |
| 2008-06-30 | -31.81% |
| 2008-03-31 | -30.90% |
| 2007-12-31 | -30.48% |
| 2007-09-30 | -29.83% |
| 2007-06-30 | -27.01% |
| 2007-03-31 | -24.26% |
| 2006-12-31 | -27.21% |
| 2006-09-30 | -25.46% |
| 2006-06-30 | -24.71% |
| 2006-03-31 | -20.38% |
| 2005-12-31 | -19.64% |
| 2005-09-30 | -18.17% |
| 2005-06-30 | -25.62% |
| 2005-03-31 | -29.83% |
| 2004-12-31 | -64.50% |
| 2004-09-30 | -83.42% |
| 2004-06-30 | -71.45% |
| 2004-03-31 | -65.85% |
| 2003-12-31 | -26.63% |
| 2003-09-30 | -52.84% |
| 2003-06-30 | -52.53% |
