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 -836.58% is 708% below its 5-year average of -103.55%, near the low end of its 5-year range (-836.58%–-37.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 60.22% below its 12-month average of -522.14%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -836.58%.
RETURN ON INVESTED CAPITAL (ROIC)
-836.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-522.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-154.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-103.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-78.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-64.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-55.98%
CURRENT VS TTM AVG
-60.22%
CURRENT VS 3Y AVG
-442.04%
CURRENT VS 5Y AVG
-707.94%
CURRENT VS 10Y AVG
-972.04%
CURRENT VS 15Y AVG
-1207.23%
CURRENT VS 20Y AVG
-1394.43%
SECTOR MEDIAN · HEALTHCARE
-34.44%
median of 766 covered companies
CURRENT VS SECTOR MEDIAN
-2329.46%
vs the sector median at left
Inovio Pharmaceuticals, Inc.
Market Cap
$79.46M
Return on Invested Capital (ROIC)
-836.58%
TTM Avg
-522.14%
3Y Avg
-154.34%
5Y Avg
-103.55%
Market Cap
$79.04M
Return on Invested Capital (ROIC)
-88.72%
TTM Avg
-42.77%
3Y Avg
-39.33%
5Y Avg
-39.33%
Market Cap
$80.78M
Return on Invested Capital (ROIC)
-126.99%
TTM Avg
-110.63%
3Y Avg
-85.52%
5Y Avg
-67.36%
Market Cap
$78.06M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$77.93M
Return on Invested Capital (ROIC)
-48.39%
TTM Avg
-44.64%
3Y Avg
-40.56%
5Y Avg
-32.79%
Market Cap
$77.39M
Return on Invested Capital (ROIC)
-62.98%
TTM Avg
-85.67%
3Y Avg
-71.66%
5Y Avg
-59.37%
Market Cap
$77.15M
Return on Invested Capital (ROIC)
-59.79%
TTM Avg
-61.79%
3Y Avg
-56.24%
5Y Avg
-67.61%
Market Cap
$82.15M
Return on Invested Capital (ROIC)
-88.28%
TTM Avg
-61.59%
3Y Avg
-48.92%
5Y Avg
-67.61%
Market Cap
$82.29M
Return on Invested Capital (ROIC)
-16.28%
TTM Avg
-50.22%
3Y Avg
-41.74%
5Y Avg
-37.86%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Inovio Pharmaceuticals, Inc. (INO) | $79.46M | -836.58% | -522.14% | -154.34% | -103.55% |
| Citius Oncology, Inc. (CTOR)vs › | $79.04M | -88.72% | -42.77% | -39.33% | -39.33% |
| Nutriband Inc. (NTRB)vs › | $80.78M | -126.99% | -110.63% | -85.52% | -67.36% |
| Neonc Technologies Holdings, Inc. (NTHI)vs › | $78.06M | N/A | N/A | N/A | N/A |
| Pulmonx Corporation (LUNG)vs › | $77.93M | -48.39% | -44.64% | -40.56% | -32.79% |
| Hyperfine, Inc. (HYPR)vs › | $77.39M | -62.98% | -85.67% | -71.66% | -59.37% |
| Sera Prognostics, Inc. (SERA)vs › | $77.15M | -59.79% | -61.79% | -56.24% | -67.61% |
| Acrivon Therapeutics, Inc. Common Stock (ACRV)vs › | $82.15M | -88.28% | -61.59% | -48.92% | -67.61% |
| LENSAR Inc (LNSR)vs › | $82.29M | -16.28% | -50.22% | -41.74% | -37.86% |
| SkinHealth Systems Inc. (SKIN)vs › | $76.14M | -1.02% | -7.84% | -8.62% | -7.82% |
ROIC
-836.6%
ROE
-1542.6%
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 | -836.58% |
| 2026-03-31 | -706.27% |
| 2025-12-31 | -283.35% |
| 2025-06-30 | -262.37% |
| 2025-03-31 | -176.77% |
| 2024-12-31 | -144.34% |
| 2024-09-30 | -142.92% |
| 2024-06-30 | -118.84% |
| 2024-03-31 | -124.37% |
| 2023-12-31 | -99.17% |
| 2023-09-30 | -103.99% |
| 2023-06-30 | -87.30% |
| 2023-03-31 | -105.25% |
| 2022-12-31 | -106.32% |
| 2022-09-30 | -106.76% |
| 2022-06-30 | -103.96% |
| 2022-03-31 | -82.97% |
| 2021-12-31 | -70.02% |
| 2021-09-30 | -46.46% |
| 2021-06-30 | -37.29% |
| 2021-03-31 | -24.69% |
| 2020-12-31 | -24.91% |
| 2020-09-30 | -31.56% |
| 2020-06-30 | -27.83% |
| 2020-03-31 | -35.16% |
| 2019-12-31 | -99.24% |
| 2019-09-30 | -83.48% |
| 2019-06-30 | -80.06% |
| 2019-03-31 | -54.89% |
| 2018-12-31 | -98.20% |
| 2018-09-30 | -77.62% |
| 2018-06-30 | -74.70% |
| 2018-03-31 | -77.24% |
| 2017-12-31 | -55.09% |
| 2017-09-30 | -48.80% |
| 2017-06-30 | -56.38% |
| 2017-03-31 | -73.00% |
| 2016-12-31 | -58.70% |
| 2016-09-30 | -44.65% |
| 2016-06-30 | -26.40% |
| 2016-03-31 | -23.25% |
| 2015-12-31 | -18.80% |
| 2015-09-30 | -14.48% |
| 2015-06-30 | -22.88% |
| 2015-03-31 | -34.52% |
| 2014-12-31 | -33.56% |
| 2014-09-30 | -29.05% |
| 2014-06-30 | -20.98% |
| 2014-03-31 | -16.84% |
| 2013-12-31 | -32.95% |
| 2013-09-30 | -26.29% |
| 2013-06-30 | -77.77% |
| 2013-03-31 | -61.44% |
| 2012-12-31 | -63.91% |
| 2012-09-30 | -69.42% |
| 2012-06-30 | -60.19% |
| 2012-03-31 | -50.64% |
| 2011-12-31 | -43.72% |
| 2011-09-30 | -39.93% |
| 2011-06-30 | -33.86% |
| 2011-03-31 | -32.06% |
| 2010-12-31 | -38.73% |
| 2010-09-30 | -32.82% |
| 2010-06-30 | -30.19% |
| 2010-03-31 | -19.97% |
| 2009-12-31 | -19.02% |
| 2009-09-30 | -16.74% |
| 2009-06-30 | -23.06% |
| 2009-03-31 | -42.06% |
| 2008-12-31 | -37.54% |
| 2008-09-30 | -43.21% |
| 2008-06-30 | -49.75% |
| 2008-03-31 | -45.46% |
| 2007-12-31 | -43.65% |
| 2007-09-30 | -47.35% |
| 2007-06-30 | -39.61% |
| 2007-03-31 | -50.79% |
| 2006-12-31 | -45.88% |
| 2006-09-30 | -73.51% |
| 2006-06-30 | -60.08% |
| 2006-03-31 | -48.80% |
| 2005-12-31 | -62.42% |
| 2005-09-30 | -134.18% |
| 2005-06-30 | -110.03% |
| 2005-03-31 | -97.40% |
| 2004-12-31 | -74.03% |
| 2004-09-30 | -48.74% |
| 2004-06-30 | -33.21% |
| 2004-03-31 | -43.89% |
| 2003-12-31 | -43.18% |
| 2003-09-30 | -70.27% |
| 2003-06-30 | -209.17% |
