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 -11.22% is 353% below its 5-year average of 4.44%, near the low end of its 5-year range (-18.11%–39.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.84% above its 12-month average of -11.67%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -11.22%.
RETURN ON INVESTED CAPITAL (ROIC)
-11.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-11.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-2.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-2.41%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+3.84%
CURRENT VS 3Y AVG
-385.32%
CURRENT VS 5Y AVG
-352.76%
CURRENT VS 10Y AVG
-365.23%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
5.93%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
-289.26%
vs the sector median at left
Ferroglobe PLC
Market Cap
$825.79M
Return on Invested Capital (ROIC)
-11.22%
TTM Avg
-11.67%
3Y Avg
-2.31%
5Y Avg
4.44%
Market Cap
$829.93M
Return on Invested Capital (ROIC)
9.67%
TTM Avg
8.32%
3Y Avg
10.82%
5Y Avg
10.14%
Market Cap
$788.08M
Return on Invested Capital (ROIC)
20.35%
TTM Avg
21.68%
3Y Avg
32.80%
5Y Avg
32.80%
Market Cap
$906.01M
Return on Invested Capital (ROIC)
-22.76%
TTM Avg
-45.10%
3Y Avg
-51.52%
5Y Avg
-62.49%
Market Cap
$932.70M
Return on Invested Capital (ROIC)
12.29%
TTM Avg
6.91%
3Y Avg
4.54%
5Y Avg
1.50%
Market Cap
$613.34M
Return on Invested Capital (ROIC)
12.30%
TTM Avg
17.47%
3Y Avg
13.60%
5Y Avg
12.23%
Market Cap
$598.08M
Return on Invested Capital (ROIC)
4.92%
TTM Avg
6.59%
3Y Avg
10.26%
5Y Avg
10.25%
Market Cap
$1.07B
Return on Invested Capital (ROIC)
9.19%
TTM Avg
-4.67%
3Y Avg
-4.65%
5Y Avg
-4.38%
Market Cap
$568.80M
Return on Invested Capital (ROIC)
-1.95%
TTM Avg
-2.53%
3Y Avg
-91.46%
5Y Avg
-179.31%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ferroglobe PLC (GSM) | $825.79M | -11.22% | -11.67% | -2.31% | 4.44% |
| Apogee Enterprises, Inc. (APOG)vs › | $829.93M | 9.67% | 8.32% | 10.82% | 10.14% |
| Mako Mining Corp Common Stock (MAKO)vs › | $788.08M | 20.35% | 21.68% | 32.80% | 32.80% |
| Lightwave Logic, Inc. (LWLG)vs › | $906.01M | -22.76% | -45.10% | -51.52% | -62.49% |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $932.70M | 12.29% | 6.91% | 4.54% | 1.50% |
| Limbach Holdings, Inc. (LMB)vs › | $613.34M | 12.30% | 17.47% | 13.60% | 12.23% |
| Janus International Group, Inc. (JBI)vs › | $598.08M | 4.92% | 6.59% | 10.26% | 10.25% |
| Green Plains Inc. (GPRE)vs › | $1.07B | 9.19% | -4.67% | -4.65% | -4.38% |
| Lithium Americas Corp. (LAC)vs › | $568.80M | -1.95% | -2.53% | -91.46% | -179.31% |
| REalloys Inc. (ALOY)vs › | $560.52M | -61.73% | -60.48% | -91.49% | -78.11% |
ROIC
-11.2%
ROE
-5.6%
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 | -11.22% |
| 2026-03-31 | -15.38% |
| 2025-12-31 | -18.11% |
| 2025-09-30 | -8.63% |
| 2025-06-30 | -5.01% |
| 2025-03-31 | -10.51% |
| 2024-12-31 | -5.53% |
| 2024-09-30 | 0.14% |
| 2024-06-30 | 3.07% |
| 2024-03-31 | 7.78% |
| 2023-12-31 | 9.45% |
| 2023-09-30 | 10.42% |
| 2023-06-30 | 13.47% |
| 2023-03-31 | 27.47% |
| 2022-12-31 | 35.04% |
| 2022-09-30 | 39.07% |
| 2022-06-30 | 29.25% |
| 2022-03-31 | 16.67% |
| 2021-12-31 | 3.47% |
| 2021-09-30 | -11.45% |
| 2021-06-30 | -16.22% |
| 2021-03-31 | -20.99% |
| 2020-12-31 | -17.21% |
| 2020-09-30 | -15.14% |
| 2020-06-30 | -29.35% |
| 2020-03-31 | -30.79% |
| 2019-12-31 | -25.01% |
| 2019-09-30 | -17.72% |
| 2019-06-30 | -2.86% |
| 2019-03-31 | 4.30% |
| 2018-12-31 | 7.60% |
| 2018-09-30 | 11.14% |
| 2018-06-30 | 10.72% |
| 2018-03-31 | 6.73% |
| 2017-12-31 | 3.58% |
| 2017-09-30 | -1.11% |
| 2017-06-30 | -4.53% |
| 2017-03-31 | -9.81% |
| 2016-12-31 | -9.42% |
| 2016-09-30 | -5.97% |
| 2016-06-30 | -4.85% |
| 2014-12-31 | 5.09% |
