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 -19.86% is in line with its 5-year average of -19.06%, near the high end of its 5-year range (-98.83%–8.76%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.55% below its 12-month average of -16.75%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -19.86%.
RETURN ON INVESTED CAPITAL (ROIC)
-19.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-16.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-18.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-19.06%
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
-18.55%
CURRENT VS 3Y AVG
-7.29%
CURRENT VS 5Y AVG
-4.20%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-343.05%
vs the sector median at left
Keel Infrastructure Corp.
Market Cap
$2.42B
Return on Invested Capital (ROIC)
-19.86%
TTM Avg
-16.75%
3Y Avg
-18.51%
5Y Avg
-19.06%
Market Cap
$2.25B
Return on Invested Capital (ROIC)
-56.00%
TTM Avg
-53.44%
3Y Avg
-54.44%
5Y Avg
-51.23%
Market Cap
$2.11B
Return on Invested Capital (ROIC)
3.87%
TTM Avg
-0.56%
3Y Avg
-3.25%
5Y Avg
-4.81%
Market Cap
$2.05B
Return on Invested Capital (ROIC)
-4.70%
TTM Avg
-10.29%
3Y Avg
-23.95%
5Y Avg
-53.13%
Market Cap
$2.80B
Return on Invested Capital (ROIC)
1.89%
TTM Avg
4.48%
3Y Avg
5.67%
5Y Avg
5.61%
Market Cap
$2.04B
Return on Invested Capital (ROIC)
-2.29%
TTM Avg
-2.83%
3Y Avg
0.50%
5Y Avg
2.30%
Market Cap
$2.02B
Return on Invested Capital (ROIC)
-1.90%
TTM Avg
-11.84%
3Y Avg
-11.84%
5Y Avg
-11.84%
Market Cap
$2.87B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.88%
3Y Avg
-11.48%
5Y Avg
-9.39%
Market Cap
$2.97B
Return on Invested Capital (ROIC)
-9.32%
TTM Avg
-17.80%
3Y Avg
-18.59%
5Y Avg
-15.30%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Keel Infrastructure Corp. (KEEL) | $2.42B | -19.86% | -16.75% | -18.51% | -19.06% |
| Asana, Inc. (ASAN)vs › | $2.25B | -56.00% | -53.44% | -54.44% | -51.23% |
| nCino, Inc. (NCNO)vs › | $2.11B | 3.87% | -0.56% | -3.25% | -4.81% |
| Quantum Computing, Inc. (QUBT)vs › | $2.05B | -4.70% | -10.29% | -23.95% | -53.13% |
| Veeco Instruments Inc. (VECO)vs › | $2.80B | 1.89% | 4.48% | 5.67% | 5.61% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.04B | -2.29% | -2.83% | 0.50% | 2.30% |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $2.02B | -1.90% | -11.84% | -11.84% | -11.84% |
| Bitdeer Technologies Group (BTDR)vs › | $2.87B | -8.92% | -10.88% | -11.48% | -9.39% |
| Ambarella, Inc. (AMBA)vs › | $2.97B | -9.32% | -17.80% | -18.59% | -15.30% |
| Bel Fuse Inc. (BELFB)vs › | $3.08B | 9.24% | 8.32% | 11.76% | 9.86% |
ROIC
-19.9%
ROE
-130.9%
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 | -19.86% |
| 2026-03-31 | -16.85% |
| 2025-12-31 | -12.01% |
| 2025-09-30 | -17.13% |
| 2025-06-30 | -17.90% |
| 2025-03-31 | -16.78% |
| 2024-12-31 | -17.03% |
| 2024-09-30 | -19.40% |
| 2024-06-30 | -16.06% |
| 2024-03-31 | -21.06% |
| 2023-12-31 | -22.81% |
| 2023-09-30 | -25.18% |
| 2023-06-30 | -52.00% |
| 2023-03-31 | -98.83% |
| 2022-12-31 | -89.11% |
| 2022-09-30 | -69.74% |
| 2022-06-30 | -25.65% |
| 2022-03-31 | 4.93% |
| 2021-12-31 | 7.81% |
| 2021-09-30 | 8.76% |
| 2021-06-30 | 5.34% |
| 2021-03-31 | 7.91% |
| 2020-12-31 | -14.41% |
| 2020-09-30 | -14.27% |
| 2020-06-30 | -1.70% |
| 2020-03-31 | 2.72% |
| 2019-12-31 | 2.20% |
| 2019-09-30 | -45.61% |
| 2019-06-30 | -63.18% |
| 2019-03-31 | -95.26% |
| 2018-12-31 | -79.70% |
