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 -11.60% is in line with its 5-year average of -11.31%, around the middle of its 5-year range (-22.41%–-3.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.81% above its 12-month average of -13.01%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): -11.60%.
RETURN ON INVESTED CAPITAL (ROIC)
-11.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-13.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-13.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-11.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-4.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-4.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-6.00%
CURRENT VS TTM AVG
+10.81%
CURRENT VS 3Y AVG
+16.16%
CURRENT VS 5Y AVG
-2.54%
CURRENT VS 10Y AVG
-184.59%
CURRENT VS 15Y AVG
-177.11%
CURRENT VS 20Y AVG
-93.24%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-242.01%
vs the sector median at left
LightPath Technologies, Inc.
Market Cap
$637.31M
Return on Invested Capital (ROIC)
-11.60%
TTM Avg
-13.01%
3Y Avg
-13.84%
5Y Avg
-11.31%
Market Cap
$479.58M
Return on Invested Capital (ROIC)
0.47%
TTM Avg
-0.70%
3Y Avg
-3.65%
5Y Avg
0.54%
Market Cap
$379.97M
Return on Invested Capital (ROIC)
-174.22%
TTM Avg
-75.59%
3Y Avg
-42.53%
5Y Avg
-42.53%
Market Cap
$332.60M
Return on Invested Capital (ROIC)
-15.97%
TTM Avg
-12.85%
3Y Avg
-12.37%
5Y Avg
-10.14%
Market Cap
$968.68M
Return on Invested Capital (ROIC)
-25.08%
TTM Avg
-10.09%
3Y Avg
1.19%
5Y Avg
10.39%
Market Cap
$271.20M
Return on Invested Capital (ROIC)
-3.12%
TTM Avg
-35.93%
3Y Avg
-67.46%
5Y Avg
-98.19%
Market Cap
$234.07M
Return on Invested Capital (ROIC)
-20.01%
TTM Avg
-26.00%
3Y Avg
-17.11%
5Y Avg
-11.11%
Market Cap
$1.08B
Return on Invested Capital (ROIC)
-6.69%
TTM Avg
-62.93%
3Y Avg
-170.77%
5Y Avg
-155.29%
Market Cap
$158.91M
Return on Invested Capital (ROIC)
-10.97%
TTM Avg
-16.95%
3Y Avg
-55.38%
5Y Avg
-55.38%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LightPath Technologies, Inc. (LPTH) | $637.31M | -11.60% | -13.01% | -13.84% | -11.31% |
| Methode Electronics, Inc. (MEI)vs › | $479.58M | 0.47% | -0.70% | -3.65% | 0.54% |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $379.97M | -174.22% | -75.59% | -42.53% | -42.53% |
| Nano Dimension Ltd. (NNDM)vs › | $332.60M | -15.97% | -12.85% | -12.37% | -10.14% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $968.68M | -25.08% | -10.09% | 1.19% | 10.39% |
| Duos Technologies Group, Inc. (DUOT)vs › | $271.20M | -3.12% | -35.93% | -67.46% | -98.19% |
| One Stop Systems, Inc. (OSS)vs › | $234.07M | -20.01% | -26.00% | -17.11% | -11.11% |
| POET Technologies Inc. (POET)vs › | $1.08B | -6.69% | -62.93% | -170.77% | -155.29% |
| Nano Labs Ltd (NA)vs › | $158.91M | -10.97% | -16.95% | -55.38% | -55.38% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.14B | -8.52% | 2.02% | 1.95% | 1.89% |
ROIC
-11.6%
ROE
-13.8%
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 | -11.60% |
| 2026-03-31 | -7.27% |
| 2025-12-31 | -9.26% |
| 2025-09-30 | -18.60% |
| 2025-06-30 | -18.31% |
| 2025-03-31 | -13.54% |
| 2024-12-31 | -22.41% |
| 2024-09-30 | -19.09% |
| 2024-06-30 | -19.44% |
| 2024-03-31 | -15.18% |
| 2023-12-31 | -10.32% |
| 2023-09-30 | -7.43% |
| 2023-06-30 | -7.45% |
| 2023-03-31 | -7.26% |
| 2022-12-31 | -7.30% |
| 2022-09-30 | -8.35% |
| 2022-06-30 | -5.97% |
| 2022-03-31 | -9.99% |
| 2021-12-31 | -8.69% |
| 2021-09-30 | -6.22% |
| 2021-06-30 | -3.94% |
| 2021-03-31 | 2.02% |
| 2020-12-31 | 3.39% |
| 2020-09-30 | 5.63% |
| 2020-06-30 | 2.80% |
| 2020-03-31 | 0.94% |
| 2019-12-31 | -1.64% |
| 2019-09-30 | -3.84% |
| 2019-06-30 | -2.84% |
| 2019-03-31 | -1.32% |
| 2018-12-31 | -0.86% |
| 2018-09-30 | -0.20% |
| 2018-06-30 | 0.87% |
| 2018-03-31 | 4.58% |
| 2017-12-31 | 7.01% |
| 2017-09-30 | 9.33% |
| 2017-06-30 | 9.84% |
| 2017-03-31 | 6.66% |
| 2016-12-31 | 5.53% |
| 2016-09-30 | 8.33% |
| 2016-06-30 | 14.24% |
| 2016-03-31 | 13.73% |
| 2015-12-31 | 16.88% |
| 2015-09-30 | 8.61% |
| 2015-06-30 | -2.59% |
| 2015-03-31 | -9.72% |
| 2014-12-31 | -13.43% |
| 2014-09-30 | -10.65% |
| 2014-06-30 | -4.55% |
| 2014-03-31 | 0.01% |
| 2013-12-31 | 0.17% |
| 2013-09-30 | 2.18% |
| 2013-06-30 | 3.11% |
| 2013-03-31 | 1.77% |
| 2012-12-31 | -6.69% |
| 2012-09-30 | -13.11% |
| 2012-06-30 | -14.15% |
| 2012-03-31 | -21.24% |
| 2011-12-31 | -12.54% |
| 2011-09-30 | -10.69% |
| 2011-06-30 | -15.34% |
| 2011-03-31 | -10.83% |
| 2010-12-31 | -4.30% |
| 2010-09-30 | 3.59% |
| 2010-06-30 | 2.55% |
| 2010-03-31 | -5.49% |
| 2009-12-31 | -21.71% |
| 2009-09-30 | -45.13% |
| 2009-06-30 | -63.75% |
| 2009-03-31 | -94.42% |
| 2008-12-31 | -93.24% |
| 2008-09-30 | -98.63% |
| 2008-06-30 | -185.39% |
| 2008-03-31 | -162.57% |
| 2007-12-31 | -108.78% |
| 2007-09-30 | -60.46% |
| 2007-06-30 | -58.07% |
| 2007-03-31 | -37.88% |
| 2006-12-31 | -45.68% |
| 2006-09-30 | -48.98% |
| 2006-06-30 | -51.24% |
| 2006-03-31 | -45.05% |
| 2005-12-31 | -54.11% |
| 2005-09-30 | -53.33% |
| 2005-06-30 | -57.12% |
| 2005-03-31 | -60.78% |
| 2004-12-31 | -83.15% |
| 2004-09-30 | -93.32% |
| 2004-06-30 | -74.77% |
| 2004-03-31 | -83.72% |
| 2003-12-31 | -106.34% |
| 2003-09-30 | -124.95% |
| 2003-06-30 | -172.73% |
