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 8.75% is 71% below its 5-year average of 29.79%, near the low end of its 5-year range (8.75%–36.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 39.94% below its 12-month average of 14.57%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 8.75%.
RETURN ON INVESTED CAPITAL (ROIC)
8.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
24.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
29.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
30.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
26.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
23.37%
CURRENT VS TTM AVG
-39.94%
CURRENT VS 3Y AVG
-64.58%
CURRENT VS 5Y AVG
-70.63%
CURRENT VS 10Y AVG
-71.59%
CURRENT VS 15Y AVG
-66.78%
CURRENT VS 20Y AVG
-62.57%
SECTOR MEDIAN · HEALTHCARE
8.75%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+0.04%
vs the sector median at left
NRC Health
Market Cap
$441.04M
Return on Invested Capital (ROIC)
8.75%
TTM Avg
14.57%
3Y Avg
24.70%
5Y Avg
29.79%
Market Cap
$352.34M
Return on Invested Capital (ROIC)
-25.26%
TTM Avg
-29.12%
3Y Avg
-26.65%
5Y Avg
-26.65%
Market Cap
$44.58M
Return on Invested Capital (ROIC)
-3699.99%
TTM Avg
-104.88%
3Y Avg
-89.50%
5Y Avg
-74.29%
Market Cap
$1.11B
Return on Invested Capital (ROIC)
-7.32%
TTM Avg
-21.18%
3Y Avg
-91.27%
5Y Avg
-61.58%
Market Cap
$1.88B
Return on Invested Capital (ROIC)
10.03%
TTM Avg
-6.49%
3Y Avg
-7.14%
5Y Avg
-3.83%
Market Cap
$2.95B
Return on Invested Capital (ROIC)
5.87%
TTM Avg
7.96%
3Y Avg
-0.22%
5Y Avg
-9.17%
Market Cap
$4.93B
Return on Invested Capital (ROIC)
15.35%
TTM Avg
17.38%
3Y Avg
14.85%
5Y Avg
17.21%
Market Cap
$5.22B
Return on Invested Capital (ROIC)
5.80%
TTM Avg
5.65%
3Y Avg
5.40%
5Y Avg
4.23%
Market Cap
$5.83B
Return on Invested Capital (ROIC)
-90.04%
TTM Avg
-83.71%
3Y Avg
-67.61%
5Y Avg
-57.95%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NRC Health (NRC) | $441.04M | 8.75% | 14.57% | 24.70% | 29.79% |
| Shoulder Innovations, Inc. (SI)vs › | $352.34M | -25.26% | -29.12% | -26.65% | -26.65% |
| PDS Biotechnology Corporation (PDSB)vs › | $44.58M | -3699.99% | -104.88% | -89.50% | -74.29% |
| Teladoc Health, Inc. (TDOC)vs › | $1.11B | -7.32% | -21.18% | -91.27% | -61.58% |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.88B | 10.03% | -6.49% | -7.14% | -3.83% |
| TransMedics Group, Inc. (TMDX)vs › | $2.95B | 5.87% | 7.96% | -0.22% | -9.17% |
| Doximity, Inc. (DOCS)vs › | $4.93B | 15.35% | 17.38% | 14.85% | 17.21% |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.22B | 5.80% | 5.65% | 5.40% | 4.23% |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.83B | -90.04% | -83.71% | -67.61% | -57.95% |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.56B | -4.30% | 9.38% | -2.79% | -9.92% |
ROIC
8.7%
ROE
89.4%
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 | 8.75% |
| 2026-03-31 | 12.18% |
| 2025-12-31 | 14.36% |
| 2025-09-30 | 18.97% |
| 2025-06-30 | 18.58% |
| 2025-03-31 | 25.33% |
| 2024-12-31 | 26.29% |
| 2024-09-30 | 29.76% |
| 2024-06-30 | 33.62% |
| 2024-03-31 | 35.66% |
| 2023-12-31 | 33.00% |
| 2023-09-30 | 34.53% |
| 2023-06-30 | 30.05% |
| 2023-03-31 | 31.95% |
| 2022-12-31 | 33.77% |
| 2022-09-30 | 36.42% |
| 2022-06-30 | 36.98% |
| 2022-03-31 | 32.71% |
| 2021-12-31 | 31.65% |
| 2021-09-30 | 30.68% |
| 2021-06-30 | 31.68% |
| 2021-03-31 | 31.52% |
| 2020-12-31 | 35.92% |
| 2020-09-30 | 39.27% |
| 2020-06-30 | 42.27% |
| 2020-03-31 | 45.81% |
| 2019-12-31 | 44.32% |
| 2019-09-30 | 44.85% |
| 2019-06-30 | 44.57% |
| 2019-03-31 | 45.44% |
| 2018-12-31 | 47.28% |
| 2018-09-30 | 38.09% |
| 2018-06-30 | 35.08% |
| 2018-03-31 | 23.33% |
| 2017-12-31 | 23.84% |
| 2017-09-30 | 22.83% |
| 2017-06-30 | 23.58% |
| 2017-03-31 | 22.73% |
| 2016-12-31 | 21.88% |
| 2016-09-30 | 21.74% |
| 2016-06-30 | 21.34% |
| 2016-03-31 | 21.16% |
| 2015-12-31 | 19.49% |
| 2015-09-30 | 15.86% |
| 2015-06-30 | 15.66% |
| 2015-03-31 | 15.80% |
| 2014-12-31 | 17.60% |
| 2014-09-30 | 17.56% |
| 2014-06-30 | 17.46% |
| 2014-03-31 | 17.60% |
| 2013-12-31 | 17.51% |
| 2013-09-30 | 18.17% |
| 2013-06-30 | 18.71% |
| 2013-03-31 | 20.02% |
| 2012-12-31 | 19.97% |
| 2012-09-30 | 17.55% |
| 2012-06-30 | 16.87% |
| 2012-03-31 | 15.18% |
| 2011-12-31 | 15.27% |
| 2011-09-30 | 13.65% |
| 2011-06-30 | 13.02% |
| 2011-03-31 | 12.43% |
| 2010-12-31 | 12.38% |
| 2010-09-30 | 13.54% |
| 2010-06-30 | 15.84% |
| 2010-03-31 | 15.94% |
| 2009-12-31 | 15.50% |
| 2009-09-30 | 14.99% |
| 2009-06-30 | 15.25% |
| 2009-03-31 | 14.77% |
| 2008-12-31 | 13.39% |
| 2008-09-30 | 15.93% |
| 2008-06-30 | 16.65% |
| 2008-03-31 | 15.85% |
| 2007-12-31 | 14.57% |
| 2007-09-30 | 14.12% |
| 2007-06-30 | 14.12% |
| 2007-03-31 | 13.57% |
| 2006-12-31 | 12.23% |
| 2006-09-30 | 13.30% |
| 2006-06-30 | 12.22% |
| 2006-03-31 | 15.62% |
| 2005-12-31 | 14.38% |
| 2005-09-30 | 11.13% |
| 2005-06-30 | 10.84% |
| 2005-03-31 | 9.92% |
| 2004-12-31 | 10.99% |
| 2004-09-30 | 12.34% |
| 2004-06-30 | 11.64% |
| 2004-03-31 | 11.95% |
| 2003-12-31 | 11.29% |
| 2003-09-30 | 11.72% |
| 2003-06-30 | 12.55% |
