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 -18.86% is in line with its 5-year average of -19.77%, around the middle of its 5-year range (-30.88%–-10.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.33% above its 12-month average of -19.50%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -18.86%.
RETURN ON INVESTED CAPITAL (ROIC)
-18.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-19.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-20.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-19.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+3.33%
CURRENT VS 3Y AVG
+5.97%
CURRENT VS 5Y AVG
+4.61%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
2.66%
median of 500 covered companies
CURRENT VS SECTOR MEDIAN
-810.17%
vs the sector median at left
indie Semiconductor, Inc.
Market Cap
$609.57M
Return on Invested Capital (ROIC)
-18.86%
TTM Avg
-19.50%
3Y Avg
-20.05%
5Y Avg
-19.77%
Market Cap
$609.06M
Return on Invested Capital (ROIC)
23.03%
TTM Avg
29.91%
3Y Avg
14.48%
5Y Avg
7.93%
Market Cap
$619.20M
Return on Invested Capital (ROIC)
-5.47%
TTM Avg
-2.42%
3Y Avg
-5.71%
5Y Avg
-1.28%
Market Cap
$597.19M
Return on Invested Capital (ROIC)
-0.25%
TTM Avg
-25.28%
3Y Avg
-17.75%
5Y Avg
-12.80%
Market Cap
$633.20M
Return on Invested Capital (ROIC)
-0.19%
TTM Avg
-0.20%
3Y Avg
-1.69%
5Y Avg
-2.80%
Market Cap
$634.17M
Return on Invested Capital (ROIC)
15.40%
TTM Avg
19.62%
3Y Avg
18.16%
5Y Avg
16.09%
Market Cap
$581.49M
Return on Invested Capital (ROIC)
21.85%
TTM Avg
21.97%
3Y Avg
18.20%
5Y Avg
14.91%
Market Cap
$641.74M
Return on Invested Capital (ROIC)
13.53%
TTM Avg
12.61%
3Y Avg
8.79%
5Y Avg
7.62%
Market Cap
$564.69M
Return on Invested Capital (ROIC)
27.14%
TTM Avg
21.93%
3Y Avg
24.82%
5Y Avg
22.46%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| indie Semiconductor, Inc. (INDI) | $609.57M | -18.86% | -19.50% | -20.05% | -19.77% |
| Docebo Inc. (DCBO)vs › | $609.06M | 23.03% | 29.91% | 14.48% | 7.93% |
| NETGEAR, Inc. (NTGR)vs › | $619.20M | -5.47% | -2.42% | -5.71% | -1.28% |
| ADTRAN Holdings Inc. (ADTN)vs › | $597.19M | -0.25% | -25.28% | -17.75% | -12.80% |
| Grid Dynamics Holdings, Inc. (GDYN)vs › | $633.20M | -0.19% | -0.20% | -1.69% | -2.80% |
| Climb Global Solutions, Inc. (CLMB)vs › | $634.17M | 15.40% | 19.62% | 18.16% | 16.09% |
| IBEX Limited (IBEX)vs › | $581.49M | 21.85% | 21.97% | 18.20% | 14.91% |
| Priority Technology Holdings, Inc. (PRTH)vs › | $641.74M | 13.53% | 12.61% | 8.79% | 7.62% |
| NVE Corporation (NVEC)vs › | $564.69M | 27.14% | 21.93% | 24.82% | 22.46% |
| Cognyte Software Ltd. (CGNT)vs › | $658.56M | 3.34% | 0.31% | -11.54% | -6.79% |
ROIC
-18.9%
ROE
-51.1%
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 | -18.86% |
| 2026-03-31 | -18.97% |
| 2025-12-31 | -19.69% |
| 2025-09-30 | -19.43% |
| 2025-06-30 | -20.58% |
| 2025-03-31 | -18.77% |
| 2024-12-31 | -19.58% |
| 2024-09-30 | -22.04% |
| 2024-06-30 | -20.09% |
| 2024-03-31 | -22.26% |
| 2023-12-31 | -19.80% |
| 2023-09-30 | -21.14% |
| 2023-06-30 | -19.48% |
| 2023-03-31 | -17.82% |
| 2022-12-31 | -21.46% |
| 2022-09-30 | -30.88% |
| 2022-06-30 | -27.50% |
| 2022-03-31 | -22.83% |
| 2021-12-31 | -17.08% |
| 2021-09-30 | -15.92% |
| 2021-06-30 | -10.21% |
