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 52.81% is 189% above its 5-year average of -59.38%, near the high end of its 5-year range (-144.97%–52.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 168.91% above its 12-month average of -76.63%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 52.81%.
RETURN ON INVESTED CAPITAL (ROIC)
52.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-76.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-74.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-59.38%
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
+168.91%
CURRENT VS 3Y AVG
+170.57%
CURRENT VS 5Y AVG
+188.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+248.15%
vs the sector median at left
MeiraGTx Holdings plc
Market Cap
$990.27M
Return on Invested Capital (ROIC)
52.81%
TTM Avg
-76.63%
3Y Avg
-74.83%
5Y Avg
-59.38%
Market Cap
$988.52M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$988.20M
Return on Invested Capital (ROIC)
-28.14%
TTM Avg
-132.46%
3Y Avg
-76.17%
5Y Avg
-76.17%
Market Cap
$985.00M
Return on Invested Capital (ROIC)
-27.51%
TTM Avg
-21.69%
3Y Avg
-25.73%
5Y Avg
-26.71%
Market Cap
$995.31M
Return on Invested Capital (ROIC)
-32.24%
TTM Avg
-91.06%
3Y Avg
-69.60%
5Y Avg
-62.21%
Market Cap
$979.09M
Return on Invested Capital (ROIC)
1.35%
TTM Avg
-1.75%
3Y Avg
1.09%
5Y Avg
1.96%
Market Cap
$1.01B
Return on Invested Capital (ROIC)
-68.64%
TTM Avg
-46.08%
3Y Avg
-28.67%
5Y Avg
-26.80%
Market Cap
$1.01B
Return on Invested Capital (ROIC)
-53.36%
TTM Avg
-19.72%
3Y Avg
-15.42%
5Y Avg
-34.93%
Market Cap
$965.04M
Return on Invested Capital (ROIC)
-16.54%
TTM Avg
-24.45%
3Y Avg
-23.43%
5Y Avg
-23.43%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MeiraGTx Holdings plc (MGTX) | $990.27M | 52.81% | -76.63% | -74.83% | -59.38% |
| Latigo Biotherapeutics Inc. (LTGO)vs › | $988.52M | N/A | N/A | N/A | N/A |
| LB Pharmaceuticals Inc Common Stock (LBRX)vs › | $988.20M | -28.14% | -132.46% | -76.17% | -76.17% |
| PROCEPT BioRobotics Corporation (PRCT)vs › | $985.00M | -27.51% | -21.69% | -25.73% | -26.71% |
| Vor Biopharma Inc. (VOR)vs › | $995.31M | -32.24% | -91.06% | -69.60% | -62.21% |
| Pacira BioSciences, Inc. (PCRX)vs › | $979.09M | 1.35% | -1.75% | 1.09% | 1.96% |
| Cullinan Therapeutics, Inc. (CGEM)vs › | $1.01B | -68.64% | -46.08% | -28.67% | -26.80% |
| Immatics N.V. (IMTX)vs › | $1.01B | -53.36% | -19.72% | -15.42% | -34.93% |
| Aktis Oncology, Inc. (AKTS)vs › | $965.04M | -16.54% | -24.45% | -23.43% | -23.43% |
| Lumexa Imaging Holdings, Inc. Common Stock (LMRI)vs › | $1.02B | 0.86% | 2.66% | 2.26% | 2.26% |
ROIC
52.8%
ROE
36.6%
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 | 52.81% |
| 2026-03-31 | -109.97% |
| 2025-12-31 | -72.32% |
| 2025-09-30 | -144.97% |
| 2025-06-30 | -108.70% |
| 2025-03-31 | -92.66% |
| 2024-12-31 | -78.58% |
| 2024-09-30 | -73.51% |
| 2024-06-30 | -77.03% |
| 2024-03-31 | -58.11% |
| 2023-12-31 | -35.05% |
| 2023-09-30 | -65.97% |
| 2023-06-30 | -51.28% |
| 2023-03-31 | -56.56% |
| 2022-12-31 | -49.27% |
| 2022-09-30 | -35.85% |
| 2022-06-30 | -44.10% |
| 2022-03-31 | -35.38% |
| 2021-12-31 | -28.66% |
| 2021-09-30 | -31.70% |
| 2021-06-30 | -23.53% |
| 2021-03-31 | -23.85% |
| 2020-12-31 | -20.04% |
| 2020-09-30 | -22.04% |
| 2020-06-30 | -23.27% |
| 2020-03-31 | -20.20% |
| 2019-12-31 | -21.08% |
| 2019-09-30 | -26.21% |
| 2019-06-30 | -36.18% |
| 2019-03-31 | -35.94% |
| 2018-12-31 | -95.96% |
| 2018-09-30 | -68.55% |
| 2018-06-30 | -55.41% |
| 2018-03-31 | -109.92% |
| 2017-12-31 | -537.54% |
