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 -42.23% is 74% above its 5-year average of -161.29%, near the high end of its 5-year range (-517.28%–-3.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 105.33% below its 12-month average of -20.57%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -42.23%.
RETURN ON INVESTED CAPITAL (ROIC)
-42.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-20.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-22.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-161.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-197.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-105.33%
CURRENT VS 3Y AVG
-90.51%
CURRENT VS 5Y AVG
+73.82%
CURRENT VS 10Y AVG
+78.67%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
-18.47%
vs the sector median at left
GridAI Technologies Corp.
Market Cap
$29.24M
Return on Invested Capital (ROIC)
-42.23%
TTM Avg
-20.57%
3Y Avg
-22.17%
5Y Avg
-161.29%
Market Cap
$29.20M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-54.98%
3Y Avg
-73.47%
5Y Avg
-75.57%
Market Cap
$29.36M
Return on Invested Capital (ROIC)
-126.84%
TTM Avg
-48.51%
3Y Avg
-88.12%
5Y Avg
-74.86%
Market Cap
$28.94M
Return on Invested Capital (ROIC)
-3850.16%
TTM Avg
-607.40%
3Y Avg
-426.96%
5Y Avg
-426.96%
Market Cap
$29.59M
Return on Invested Capital (ROIC)
-99.36%
TTM Avg
-324.14%
3Y Avg
-260.84%
5Y Avg
-230.57%
Market Cap
$28.76M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.05M
Return on Invested Capital (ROIC)
-115.18%
TTM Avg
-232.75%
3Y Avg
-220.13%
5Y Avg
-210.39%
Market Cap
$30.19M
Return on Invested Capital (ROIC)
-9.60%
TTM Avg
-4.24%
3Y Avg
-20.27%
5Y Avg
-35.08%
Market Cap
$30.38M
Return on Invested Capital (ROIC)
-15.35%
TTM Avg
-18.43%
3Y Avg
-24.75%
5Y Avg
-44.47%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GridAI Technologies Corp. (GRDX) | $29.24M | -42.23% | -20.57% | -22.17% | -161.29% |
| BeyondSpring Inc. (BYSI)vs › | $29.20M | N/A | -54.98% | -73.47% | -75.57% |
| Context Therapeutics Inc. (CNTX)vs › | $29.36M | -126.84% | -48.51% | -88.12% | -74.86% |
| Tevogen Bio Holdings Inc. (TVGN)vs › | $28.94M | -3850.16% | -607.40% | -426.96% | -426.96% |
| Quantum Cyber N.V. (QUCY)vs › | $29.59M | -99.36% | -324.14% | -260.84% | -230.57% |
| OneMedNet Corporation (ONMD)vs › | $28.76M | N/A | N/A | N/A | N/A |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.05M | -115.18% | -232.75% | -220.13% | -210.39% |
| Rockwell Medical, Inc. (RMTI)vs › | $30.19M | -9.60% | -4.24% | -20.27% | -35.08% |
| MDxHealth S.A. (MDXH)vs › | $30.38M | -15.35% | -18.43% | -24.75% | -44.47% |
| CervoMed Inc. (CRVO)vs › | $30.50M | -135.73% | -98.73% | -101.28% | -89.83% |
ROIC
-42.2%
ROE
-111.8%
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 | -42.23% |
| 2026-03-31 | -28.97% |
| 2025-12-31 | -20.00% |
| 2025-09-30 | -3.51% |
| 2025-06-30 | -8.12% |
| 2025-03-31 | -12.85% |
| 2024-12-31 | -27.00% |
| 2024-09-30 | -26.40% |
| 2024-06-30 | -28.21% |
| 2024-03-31 | -24.38% |
| 2023-12-31 | -361.50% |
| 2023-09-30 | -397.62% |
| 2023-06-30 | -502.76% |
| 2023-03-31 | -223.69% |
| 2022-12-31 | -356.15% |
| 2021-06-30 | -517.28% |
| 2021-03-31 | -214.96% |
| 2020-09-30 | -72.07% |
| 2020-06-30 | -226.74% |
| 2020-03-31 | -207.20% |
| 2019-12-31 | -240.18% |
| 2019-09-30 | -305.53% |
| 2019-06-30 | -292.49% |
| 2019-03-31 | -271.42% |
| 2018-12-31 | -270.53% |
| 2018-09-30 | -164.72% |
| 2018-06-30 | -125.85% |
| 2018-03-31 | -400.75% |
| 2017-12-31 | -299.12% |
| 2017-09-30 | -202.27% |
| 2017-06-30 | -122.84% |
| 2017-03-31 | -273.32% |
| 2016-12-31 | -138.46% |
| 2016-06-30 | -321.61% |
| 2015-12-31 | -106.32% |
| 2015-06-30 | -418.27% |
| 2014-12-31 | -66.41% |
