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 -17.89% is 53% above its 4-year average of -38.33%, near the high end of its 4-year range (-86.54%–-12.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.42% below its 12-month average of -14.26%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -17.89%.
RETURN ON INVESTED CAPITAL (ROIC)
-17.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-14.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-32.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
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
-25.42%
CURRENT VS 3Y AVG
+45.27%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.81%
median of 213 covered companies
CURRENT VS SECTOR MEDIAN
-329.03%
vs the sector median at left
Rigetti Computing, Inc.
Market Cap
$5.06B
Return on Invested Capital (ROIC)
-17.89%
TTM Avg
-14.26%
3Y Avg
-32.68%
5Y Avg
N/A
Market Cap
$4.83B
Return on Invested Capital (ROIC)
3.00%
TTM Avg
1.69%
3Y Avg
8.04%
5Y Avg
8.45%
Market Cap
$5.31B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
-0.19%
3Y Avg
-2.19%
5Y Avg
10.91%
Market Cap
$5.32B
Return on Invested Capital (ROIC)
-5.89%
TTM Avg
-7.82%
3Y Avg
-83.52%
5Y Avg
-55.34%
Market Cap
$4.76B
Return on Invested Capital (ROIC)
16.90%
TTM Avg
9.79%
3Y Avg
8.61%
5Y Avg
4.21%
Market Cap
$4.71B
Return on Invested Capital (ROIC)
-1.54%
TTM Avg
-6.53%
3Y Avg
-14.42%
5Y Avg
-15.62%
Market Cap
$4.66B
Return on Invested Capital (ROIC)
42.50%
TTM Avg
27.09%
3Y Avg
-2.17%
5Y Avg
-2.38%
Market Cap
$5.48B
Return on Invested Capital (ROIC)
-14.43%
TTM Avg
-10.90%
3Y Avg
-13.17%
5Y Avg
-14.29%
Market Cap
$4.55B
Return on Invested Capital (ROIC)
6.58%
TTM Avg
12.52%
3Y Avg
18.35%
5Y Avg
16.71%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rigetti Computing, Inc. (RGTI) | $5.06B | -17.89% | -14.26% | -32.68% | N/A |
| Diodes Incorporated (DIOD)vs › | $4.83B | 3.00% | 1.69% | 8.04% | 8.45% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.31B | 10.22% | -0.19% | -2.19% | 10.91% |
| Core Scientific, Inc. (CORZ)vs › | $5.32B | -5.89% | -7.82% | -83.52% | -55.34% |
| Box, Inc. (BOX)vs › | $4.76B | 16.90% | 9.79% | 8.61% | 4.21% |
| Klaviyo, Inc. (KVYO)vs › | $4.71B | -1.54% | -6.53% | -14.42% | -15.62% |
| Dave Inc. (DAVE)vs › | $4.66B | 42.50% | 27.09% | -2.17% | -2.38% |
| Varonis Systems, Inc. (VRNS)vs › | $5.48B | -14.43% | -10.90% | -13.17% | -14.29% |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.55B | 6.58% | 12.52% | 18.35% | 16.71% |
| Genpact Limited (G)vs › | $5.64B | 13.89% | 12.81% | 13.02% | 11.70% |
ROIC
-17.9%
ROE
-44.4%
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 | -17.89% |
| 2026-03-31 | -15.11% |
| 2025-12-31 | -12.94% |
| 2025-09-30 | -13.02% |
| 2025-06-30 | -12.35% |
| 2025-03-31 | -28.54% |
| 2024-12-31 | -25.10% |
| 2024-09-30 | -45.72% |
| 2024-06-30 | -44.51% |
| 2024-03-31 | -44.56% |
| 2023-12-31 | -50.55% |
| 2023-09-30 | -53.24% |
| 2023-06-30 | -61.39% |
| 2023-03-31 | -62.77% |
| 2022-12-31 | -57.41% |
| 2022-09-30 | -44.27% |
| 2022-06-30 | -30.61% |
| 2022-03-31 | -21.85% |
| 2021-12-31 | -86.54% |
