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 6.43% is 38% above its 5-year average of 4.64%, near the high end of its 5-year range (1.21%–8.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.95% below its 12-month average of 7.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 6.43%.
RETURN ON INVESTED CAPITAL (ROIC)
6.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
4.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
3.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-15.95%
CURRENT VS 3Y AVG
+0.45%
CURRENT VS 5Y AVG
+38.48%
CURRENT VS 10Y AVG
+108.33%
CURRENT VS 15Y AVG
+131.14%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.77%
median of 30 covered companies
CURRENT VS SECTOR MEDIAN
-4.92%
vs the sector median at left
Iridium Communications Inc.
Market Cap
$5.12B
Return on Invested Capital (ROIC)
6.43%
TTM Avg
7.65%
3Y Avg
6.40%
5Y Avg
4.64%
Market Cap
$5.80B
Return on Invested Capital (ROIC)
12.51%
TTM Avg
11.80%
3Y Avg
7.97%
5Y Avg
8.37%
Market Cap
$6.59B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
-2.04%
3Y Avg
-2.45%
5Y Avg
-0.69%
Market Cap
$3.10B
Return on Invested Capital (ROIC)
0.21%
TTM Avg
0.14%
3Y Avg
-0.04%
5Y Avg
1.07%
Market Cap
$8.82B
Return on Invested Capital (ROIC)
-5.19%
TTM Avg
-9.98%
3Y Avg
-15.23%
5Y Avg
-15.20%
Market Cap
$9.22B
Return on Invested Capital (ROIC)
23.26%
TTM Avg
17.48%
3Y Avg
16.98%
5Y Avg
19.42%
Market Cap
$307.74M
Return on Invested Capital (ROIC)
3.76%
TTM Avg
-1.06%
3Y Avg
-3.43%
5Y Avg
-3.58%
Market Cap
$11.18B
Return on Invested Capital (ROIC)
-15.75%
TTM Avg
-5.76%
3Y Avg
-4.18%
5Y Avg
-4.18%
Market Cap
$11.72B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iridium Communications Inc. (IRDM) | $5.12B | 6.43% | 7.65% | 6.40% | 4.64% |
| The Trade Desk, Inc. (TTD)vs › | $5.80B | 12.51% | 11.80% | 7.97% | 8.37% |
| Zillow Group, Inc. Class C (Z)vs › | $6.59B | 0.23% | -2.04% | -2.45% | -0.69% |
| Liberty Global plc (LBTYA)vs › | $3.10B | 0.21% | 0.14% | -0.04% | 1.07% |
| Snap Inc. (SNAP)vs › | $8.82B | -5.19% | -9.98% | -15.23% | -15.20% |
| Match Group, Inc. (MTCH)vs › | $9.22B | 23.26% | 17.48% | 16.98% | 19.42% |
| Fiverr International Ltd. (FVRR)vs › | $307.74M | 3.76% | -1.06% | -3.43% | -3.58% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.18B | -15.75% | -5.76% | -4.18% | -4.18% |
| Pinterest, Inc. (PINS)vs › | $11.72B | 5.38% | 4.75% | 0.70% | 1.11% |
| TKO Group Holdings, Inc. (TKO)vs › | $13.61B | 6.70% | 4.86% | 7.34% | 8.06% |
ROIC
6.4%
ROE
19.7%
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 | 6.43% |
| 2026-03-31 | 7.21% |
| 2025-12-31 | 7.85% |
| 2025-09-30 | 8.60% |
| 2025-06-30 | 8.17% |
| 2025-03-31 | 7.80% |
| 2024-12-31 | 7.14% |
| 2024-09-30 | 6.87% |
| 2024-06-30 | 6.42% |
| 2024-03-31 | 5.52% |
| 2023-12-31 | 4.67% |
| 2023-09-30 | 3.53% |
| 2023-06-30 | 3.04% |
| 2023-03-31 | 2.91% |
| 2022-12-31 | 2.62% |
| 2022-09-30 | 1.65% |
| 2022-06-30 | 1.21% |
| 2022-03-31 | 1.89% |
| 2021-12-31 | 1.50% |
| 2021-09-30 | 1.30% |
| 2021-06-30 | 1.23% |
| 2021-03-31 | 1.02% |
| 2020-12-31 | 1.09% |
| 2020-09-30 | 0.93% |
| 2020-06-30 | 0.78% |
| 2020-03-31 | 0.71% |
| 2019-12-31 | 0.29% |
| 2019-09-30 | 0.27% |
| 2019-06-30 | 0.21% |
| 2019-03-31 | 0.53% |
| 2018-12-31 | 1.07% |
| 2018-09-30 | 0.70% |
| 2018-06-30 | 1.51% |
| 2018-03-31 | 2.00% |
| 2017-12-31 | 2.77% |
| 2017-09-30 | 2.89% |
| 2017-06-30 | 3.03% |
| 2017-03-31 | 3.15% |
| 2016-12-31 | 3.22% |
| 2016-09-30 | 1.44% |
| 2016-06-30 | 1.43% |
| 2016-03-31 | 1.48% |
| 2015-12-31 | 1.31% |
| 2015-09-30 | 3.22% |
| 2015-06-30 | 3.04% |
| 2015-03-31 | 2.88% |
| 2014-12-31 | 2.82% |
| 2014-09-30 | 2.58% |
| 2014-06-30 | 2.52% |
| 2014-03-31 | 2.79% |
| 2013-12-31 | 2.82% |
| 2013-09-30 | 3.36% |
| 2013-06-30 | 3.60% |
| 2013-03-31 | 3.97% |
| 2012-12-31 | 3.91% |
| 2012-09-30 | 4.13% |
| 2012-06-30 | 3.88% |
| 2012-03-31 | 3.90% |
| 2011-12-31 | 3.70% |
| 2011-09-30 | 4.22% |
| 2011-06-30 | 4.31% |
| 2011-03-31 | 3.64% |
| 2010-12-31 | 2.54% |
| 2010-09-30 | 1.22% |
| 2010-06-30 | -1.35% |
| 2010-03-31 | -2.22% |
| 2009-12-31 | -1.67% |
| 2009-09-30 | -1.28% |
| 2009-06-30 | -0.72% |
| 2009-03-31 | -0.43% |
| 2008-12-31 | -0.36% |