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 -45.40% is 17% below its 4-year average of -38.88%, around the middle of its 4-year range (-64.80%–-10.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.31% below its 12-month average of -41.16%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -45.40%.
RETURN ON INVESTED CAPITAL (ROIC)
-45.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-41.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-44.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-38.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-38.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-10.31%
CURRENT VS 3Y AVG
-2.04%
CURRENT VS 5Y AVG
-16.75%
CURRENT VS 10Y AVG
-16.75%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-1496.87%
vs the sector median at left
Greenwave Technology Solutions, Inc.
Market Cap
$2.06M
Return on Invested Capital (ROIC)
-45.40%
TTM Avg
-41.16%
3Y Avg
-44.49%
5Y Avg
-38.88%
Market Cap
$2.00M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-15.09%
3Y Avg
13.22%
5Y Avg
29.35%
Market Cap
$1.97M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-25.64%
3Y Avg
-96.29%
5Y Avg
-56.33%
Market Cap
$2.15M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-128.97%
3Y Avg
-42.37%
5Y Avg
-42.37%
Market Cap
$1.92M
Return on Invested Capital (ROIC)
-93.70%
TTM Avg
-152.57%
3Y Avg
-242.94%
5Y Avg
-219.27%
Market Cap
$1.90M
Return on Invested Capital (ROIC)
-3.04%
TTM Avg
-3.98%
3Y Avg
1.73%
5Y Avg
6.27%
Market Cap
$1.82M
Return on Invested Capital (ROIC)
0.71%
TTM Avg
7.14%
3Y Avg
18.96%
5Y Avg
20.92%
Market Cap
$2.24M
Return on Invested Capital (ROIC)
-65.97%
TTM Avg
-54.47%
3Y Avg
-93.83%
5Y Avg
-95.42%
Market Cap
$2.30M
Return on Invested Capital (ROIC)
-26.57%
TTM Avg
-13.31%
3Y Avg
-1.36%
5Y Avg
3.07%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenwave Technology Solutions, Inc. (GWAV) | $2.06M | -45.40% | -41.16% | -44.49% | -38.88% |
| Galaxy Payroll Group Limited (GLXG)vs › | $2.00M | N/A | -15.09% | 13.22% | 29.35% |
| Jayud Global Logistics Limited (JYD)vs › | $1.97M | N/A | -25.64% | -96.29% | -56.33% |
| Mint Incorporation Limited (MIMI)vs › | $2.15M | N/A | -128.97% | -42.37% | -42.37% |
| Nauticus Robotics, Inc. (KITT)vs › | $1.92M | -93.70% | -152.57% | -242.94% | -219.27% |
| Erayak Power Solution Group Inc. (RAYA)vs › | $1.90M | -3.04% | -3.98% | 1.73% | 6.27% |
| Megan Holdings Limited Ordinary Shares (MGN)vs › | $1.82M | 0.71% | 7.14% | 18.96% | 20.92% |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.24M | -65.97% | -54.47% | -93.83% | -95.42% |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.30M | -26.57% | -13.31% | -1.36% | 3.07% |
| Rubico Inc. (RUBI)vs › | $1.77M | 9.66% | 10.47% | 10.83% | 13.34% |
ROIC
-45.4%
ROE
-79.1%
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 | -45.40% |
| 2026-03-31 | -46.02% |
| 2025-12-31 | -50.87% |
| 2025-09-30 | -34.38% |
| 2025-06-30 | -29.13% |
| 2025-03-31 | -35.22% |
| 2024-12-31 | -35.25% |
| 2024-09-30 | -30.61% |
| 2024-06-30 | -42.08% |
| 2024-03-31 | -58.89% |
| 2023-12-31 | -57.48% |
| 2023-09-30 | -64.80% |
| 2023-06-30 | -48.29% |
| 2023-03-31 | -41.22% |
| 2022-12-31 | -37.31% |
| 2022-09-30 | -20.73% |
| 2022-06-30 | -12.17% |
| 2022-03-31 | -10.09% |
| 2017-09-30 | -994.27% |
| 2017-06-30 | -1128.54% |
| 2017-03-31 | -397.50% |
| 2015-12-31 | -1164.63% |
| 2015-06-30 | -266.18% |
| 2014-09-30 | -1002.59% |
| 2014-06-30 | -566.25% |
| 2014-03-31 | -623.60% |