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 -9.31% is 200% below its 5-year average of -3.10%, near the high end of its 5-year range (-87.72%–7.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 72.87% above its 12-month average of -34.30%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -9.31%.
RETURN ON INVESTED CAPITAL (ROIC)
-9.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-34.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-33.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-3.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+72.87%
CURRENT VS 3Y AVG
+71.95%
CURRENT VS 5Y AVG
-200.24%
CURRENT VS 10Y AVG
-218.49%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
8.92%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-204.33%
vs the sector median at left
SolarEdge Technologies, Inc.
Market Cap
$1.90B
Return on Invested Capital (ROIC)
-9.31%
TTM Avg
-34.30%
3Y Avg
-33.17%
5Y Avg
-3.10%
Market Cap
$1.42B
Return on Invested Capital (ROIC)
16.32%
TTM Avg
22.74%
3Y Avg
28.03%
5Y Avg
20.53%
Market Cap
$1.38B
Return on Invested Capital (ROIC)
34.01%
TTM Avg
22.12%
3Y Avg
45.21%
5Y Avg
42.46%
Market Cap
$2.63B
Return on Invested Capital (ROIC)
0.35%
TTM Avg
4.10%
3Y Avg
10.06%
5Y Avg
19.58%
Market Cap
$601.46M
Return on Invested Capital (ROIC)
3.49%
TTM Avg
-7.74%
3Y Avg
-1.25%
5Y Avg
1.96%
Market Cap
$419.95M
Return on Invested Capital (ROIC)
11.26%
TTM Avg
9.38%
3Y Avg
8.82%
5Y Avg
10.88%
Market Cap
$199.08M
Return on Invested Capital (ROIC)
-20.99%
TTM Avg
-20.25%
3Y Avg
-16.25%
5Y Avg
-13.67%
Market Cap
$3.80B
Return on Invested Capital (ROIC)
4.41%
TTM Avg
4.99%
3Y Avg
5.20%
5Y Avg
-0.31%
Market Cap
$4.34B
Return on Invested Capital (ROIC)
3.82%
TTM Avg
3.62%
3Y Avg
9.03%
5Y Avg
11.22%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SolarEdge Technologies, Inc. (SEDG) | $1.90B | -9.31% | -34.30% | -33.17% | -3.10% |
| Natural Resource Partners L.P. (NRP)vs › | $1.42B | 16.32% | 22.74% | 28.03% | 20.53% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.38B | 34.01% | 22.12% | 45.21% | 42.46% |
| Centrus Energy Corp. (LEU)vs › | $2.63B | 0.35% | 4.10% | 10.06% | 19.58% |
| Array Technologies, Inc. (ARRY)vs › | $601.46M | 3.49% | -7.74% | -1.25% | 1.96% |
| Star Group, L.P. (SGU)vs › | $419.95M | 11.26% | 9.38% | 8.82% | 10.88% |
| enCore Energy Corp. (EU)vs › | $199.08M | -20.99% | -20.25% | -16.25% | -13.67% |
| Helmerich & Payne, Inc. (HP)vs › | $3.80B | 4.41% | 4.99% | 5.20% | -0.31% |
| Enphase Energy, Inc. (ENPH)vs › | $4.34B | 3.82% | 3.62% | 9.03% | 11.22% |
| Oceaneering International, Inc. (OII)vs › | $4.43B | 15.18% | 13.23% | 9.46% | 2.19% |
ROIC
-9.3%
ROE
-65.6%
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 | -9.31% |
| 2026-03-31 | -16.56% |
| 2025-12-31 | -20.68% |
| 2025-09-30 | -37.22% |
| 2025-06-30 | -87.72% |
| 2025-03-31 | -86.53% |
| 2024-12-31 | -87.71% |
| 2024-09-30 | -72.88% |
| 2024-06-30 | -17.08% |
| 2024-03-31 | -7.61% |
| 2023-12-31 | 0.60% |
| 2023-09-30 | 4.52% |
| 2023-06-30 | 6.92% |
| 2023-03-31 | 4.79% |
| 2022-12-31 | 2.71% |
| 2022-09-30 | 4.69% |
| 2022-06-30 | 5.38% |
| 2022-03-31 | 6.08% |
| 2021-12-31 | 7.88% |
| 2021-09-30 | 6.60% |
| 2021-06-30 | 5.60% |
| 2021-03-31 | 4.86% |
| 2020-12-31 | 6.06% |
| 2020-09-30 | 8.16% |
| 2020-06-30 | 15.00% |
| 2020-03-31 | 16.41% |
| 2019-12-31 | 14.36% |
| 2019-09-30 | 11.89% |
| 2019-06-30 | 12.04% |
| 2019-03-31 | 12.56% |
| 2018-12-31 | 17.23% |
| 2018-09-30 | 19.88% |
| 2018-06-30 | 18.41% |
| 2018-03-31 | 17.25% |
| 2017-12-31 | 14.95% |
| 2017-09-30 | 15.33% |
| 2017-06-30 | 14.51% |
| 2017-03-31 | 15.49% |
| 2016-12-31 | 18.24% |
| 2016-09-30 | 22.46% |
| 2016-06-30 | 23.14% |
| 2016-03-31 | 23.08% |
| 2015-12-31 | 22.00% |
| 2015-09-30 | 17.44% |
| 2015-06-30 | 12.93% |
| 2015-03-31 | 6.67% |
| 2014-12-31 | -0.96% |
| 2014-09-30 | -22.03% |
| 2014-06-30 | -97.43% |
