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 12.67% is 188% above its 5-year average of -14.47%, near the high end of its 5-year range (-47.15%–13.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.97% above its 12-month average of 10.83%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 12.67%.
RETURN ON INVESTED CAPITAL (ROIC)
12.67%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-14.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-23.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-64.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-101.63%
CURRENT VS TTM AVG
+16.97%
CURRENT VS 3Y AVG
+481.09%
CURRENT VS 5Y AVG
+187.59%
CURRENT VS 10Y AVG
+153.87%
CURRENT VS 15Y AVG
+119.68%
CURRENT VS 20Y AVG
+112.47%
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+135.55%
vs the sector median at left
Nephros, Inc.
Market Cap
$37.89M
Return on Invested Capital (ROIC)
12.67%
TTM Avg
10.83%
3Y Avg
-3.32%
5Y Avg
-14.47%
Market Cap
$37.94M
Return on Invested Capital (ROIC)
-32.18%
TTM Avg
-103.25%
3Y Avg
-133.41%
5Y Avg
-116.42%
Market Cap
$38.81M
Return on Invested Capital (ROIC)
1.99%
TTM Avg
-3.38%
3Y Avg
-2.67%
5Y Avg
-1.50%
Market Cap
$38.96M
Return on Invested Capital (ROIC)
-66.03%
TTM Avg
-39.70%
3Y Avg
-29.53%
5Y Avg
-27.72%
Market Cap
$36.70M
Return on Invested Capital (ROIC)
-166.02%
TTM Avg
-208.81%
3Y Avg
-185.70%
5Y Avg
-165.34%
Market Cap
$36.51M
Return on Invested Capital (ROIC)
-171.36%
TTM Avg
-234.34%
3Y Avg
-204.54%
5Y Avg
-189.00%
Market Cap
$36.28M
Return on Invested Capital (ROIC)
-22.79%
TTM Avg
-490.24%
3Y Avg
-256.92%
5Y Avg
-224.31%
Market Cap
$35.69M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-107.47%
3Y Avg
-107.47%
5Y Avg
-107.47%
Market Cap
$40.54M
Return on Invested Capital (ROIC)
-72.12%
TTM Avg
-128.00%
3Y Avg
-128.00%
5Y Avg
-128.00%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nephros, Inc. (NEPH) | $37.89M | 12.67% | 10.83% | -3.32% | -14.47% |
| Incannex Healthcare Limited (IXHL)vs › | $37.94M | -32.18% | -103.25% | -133.41% | -116.42% |
| Harvard Bioscience, Inc. (HBIO)vs › | $38.81M | 1.99% | -3.38% | -2.67% | -1.50% |
| Metagenomi, Inc. Common Stock (MGX)vs › | $38.96M | -66.03% | -39.70% | -29.53% | -27.72% |
| Edesa Biotech, Inc. (EDSA)vs › | $36.70M | -166.02% | -208.81% | -185.70% | -165.34% |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.51M | -171.36% | -234.34% | -204.54% | -189.00% |
| QT Imaging Holdings, Inc. (QTI)vs › | $36.28M | -22.79% | -490.24% | -256.92% | -224.31% |
| EUDA Health Holdings Limited (EUDA)vs › | $35.69M | N/A | -107.47% | -107.47% | -107.47% |
| Filana Therapeutics, Inc. (FLNA)vs › | $40.54M | -72.12% | -128.00% | -128.00% | -128.00% |
| DocGo Inc. (DCGO)vs › | $35.57M | -89.44% | -27.62% | -11.28% | -9.71% |
ROIC
12.7%
ROE
14.5%
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 | 12.67% |
| 2026-03-31 | 5.71% |
| 2025-12-31 | 10.07% |
| 2025-09-30 | 13.16% |
| 2025-06-30 | 12.54% |
| 2025-03-31 | 7.39% |
| 2024-12-31 | 0.05% |
| 2024-09-30 | -10.29% |
| 2024-06-30 | -14.97% |
| 2024-03-31 | -15.67% |
| 2023-12-31 | -16.34% |
| 2023-09-30 | -18.01% |
| 2023-06-30 | -29.55% |
| 2023-03-31 | -32.53% |
| 2022-12-31 | -44.89% |
| 2022-09-30 | -47.15% |
| 2022-06-30 | -32.19% |
| 2022-03-31 | -32.10% |
| 2021-12-31 | -25.63% |
| 2021-09-30 | -22.51% |
| 2021-06-30 | -23.58% |
| 2021-03-31 | -25.46% |
| 2020-12-31 | -24.55% |
| 2020-09-30 | -28.65% |
| 2020-06-30 | -25.10% |
| 2020-03-31 | -18.12% |
| 2019-12-31 | -31.64% |
| 2019-09-30 | -37.32% |
| 2019-06-30 | -34.28% |
| 2019-03-31 | -39.27% |
| 2018-12-31 | -33.18% |
| 2018-09-30 | -32.34% |
| 2018-06-30 | -46.59% |
| 2018-03-31 | -84.82% |
| 2017-12-31 | -58.23% |
| 2017-09-30 | -123.14% |
| 2017-06-30 | -133.00% |
| 2017-03-31 | -106.76% |
| 2016-12-31 | -160.91% |
| 2016-09-30 | -137.40% |
| 2016-06-30 | -131.29% |
| 2016-03-31 | -147.35% |
| 2015-12-31 | -113.68% |
| 2015-09-30 | -103.80% |
| 2015-06-30 | -141.64% |
| 2015-03-31 | -213.25% |
| 2014-12-31 | -125.78% |
| 2014-09-30 | -166.28% |
| 2014-06-30 | -400.30% |
| 2014-03-31 | -348.04% |
| 2013-12-31 | -443.32% |
| 2013-09-30 | -587.46% |
| 2013-06-30 | -318.94% |
| 2012-09-30 | -237.71% |
| 2012-06-30 | -127.64% |
| 2012-03-31 | -98.40% |
| 2011-12-31 | -162.56% |
| 2011-09-30 | -122.67% |
| 2011-06-30 | -100.58% |
| 2011-03-31 | -72.21% |
| 2010-12-31 | -297.64% |
| 2010-09-30 | -227.44% |
| 2010-06-30 | -182.79% |
| 2010-03-31 | -155.31% |
| 2009-12-31 | -122.88% |
| 2009-09-30 | -116.75% |
| 2009-06-30 | -258.57% |
| 2009-03-31 | -322.60% |
| 2008-12-31 | -265.07% |
| 2008-09-30 | -246.01% |
| 2008-06-30 | -183.05% |
| 2008-03-31 | -107.03% |
| 2007-12-31 | -78.42% |
| 2007-09-30 | -54.48% |
| 2007-06-30 | -727.07% |
| 2007-03-31 | -331.31% |
| 2006-12-31 | -218.02% |
| 2006-09-30 | -136.62% |
| 2006-06-30 | -101.81% |
| 2006-03-31 | -174.10% |
| 2005-12-31 | -100.56% |
| 2005-09-30 | -96.06% |
| 2005-06-30 | -77.86% |
| 2005-03-31 | -60.40% |
