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 -5.19% is 63% above its 5-year average of -14.09%, near the high end of its 5-year range (-22.57%–-5.19%).
As of the fiscal period ended Tuesday, June 30, 2026. 34.89% above its 12-month average of -7.97%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -5.19%.
RETURN ON INVESTED CAPITAL (ROIC)
-5.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-7.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-14.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-14.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-23.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+34.89%
CURRENT VS 3Y AVG
+63.08%
CURRENT VS 5Y AVG
+63.17%
CURRENT VS 10Y AVG
+78.21%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.77%
median of 30 covered companies
CURRENT VS SECTOR MEDIAN
-176.73%
vs the sector median at left
Snap Inc.
Market Cap
$9.34B
Return on Invested Capital (ROIC)
-5.19%
TTM Avg
-7.97%
3Y Avg
-14.06%
5Y Avg
-14.09%
Market Cap
$9.76B
Return on Invested Capital (ROIC)
23.26%
TTM Avg
17.48%
3Y Avg
16.98%
5Y Avg
19.42%
Market Cap
$7.51B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
-2.04%
3Y Avg
-2.45%
5Y Avg
-0.69%
Market Cap
$11.29B
Return on Invested Capital (ROIC)
-15.75%
TTM Avg
-5.76%
3Y Avg
-4.18%
5Y Avg
-4.18%
Market Cap
$11.95B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
Market Cap
$6.57B
Return on Invested Capital (ROIC)
12.51%
TTM Avg
11.80%
3Y Avg
7.97%
5Y Avg
8.37%
Market Cap
$4.98B
Return on Invested Capital (ROIC)
6.43%
TTM Avg
7.54%
3Y Avg
5.59%
5Y Avg
4.16%
Market Cap
$14.22B
Return on Invested Capital (ROIC)
6.70%
TTM Avg
4.86%
3Y Avg
7.34%
5Y Avg
8.06%
Market Cap
$3.49B
Return on Invested Capital (ROIC)
0.21%
TTM Avg
0.14%
3Y Avg
-0.04%
5Y Avg
1.07%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snap Inc. (SNAP) | $9.34B | -5.19% | -7.97% | -14.06% | -14.09% |
| Match Group, Inc. (MTCH)vs › | $9.76B | 23.26% | 17.48% | 16.98% | 19.42% |
| Zillow Group, Inc. Class C (Z)vs › | $7.51B | 0.23% | -2.04% | -2.45% | -0.69% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.29B | -15.75% | -5.76% | -4.18% | -4.18% |
| Pinterest, Inc. (PINS)vs › | $11.95B | 5.38% | 4.75% | 0.70% | 1.11% |
| The Trade Desk, Inc. (TTD)vs › | $6.57B | 12.51% | 11.80% | 7.97% | 8.37% |
| Iridium Communications Inc. (IRDM)vs › | $4.98B | 6.43% | 7.54% | 5.59% | 4.16% |
| TKO Group Holdings, Inc. (TKO)vs › | $14.22B | 6.70% | 4.86% | 7.34% | 8.06% |
| Liberty Global plc (LBTYA)vs › | $3.49B | 0.21% | 0.14% | -0.04% | 1.07% |
| News Corporation (NWSA)vs › | $16.49B | 5.72% | 5.46% | 4.42% | 4.67% |
ROIC
-5.2%
ROE
-16.1%
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 | -5.19% |
| 2026-03-31 | -6.52% |
| 2025-12-31 | -8.27% |
| 2025-09-30 | -9.51% |
| 2025-06-30 | -10.38% |
| 2025-03-31 | -9.88% |
| 2024-12-31 | -11.70% |
| 2024-09-30 | -15.55% |
| 2024-06-30 | -19.17% |
| 2024-03-31 | -22.57% |
| 2023-12-31 | -20.46% |
| 2023-09-30 | -21.41% |
| 2023-06-30 | -22.18% |
| 2023-03-31 | -21.91% |
| 2022-12-31 | -20.48% |
| 2022-09-30 | -15.85% |
| 2022-06-30 | -11.37% |
| 2022-03-31 | -8.27% |
| 2021-12-31 | -10.50% |
| 2021-09-30 | -12.28% |
| 2021-06-30 | -12.54% |
| 2021-03-31 | -20.42% |
| 2020-12-31 | -19.79% |
| 2020-09-30 | -24.20% |
| 2020-06-30 | -25.95% |
| 2020-03-31 | -31.81% |
| 2019-12-31 | -31.41% |
| 2019-09-30 | -29.88% |
| 2019-06-30 | -46.75% |
| 2019-03-31 | -47.63% |
| 2018-12-31 | -52.38% |
| 2018-09-30 | -57.43% |
| 2018-06-30 | -58.89% |
| 2018-03-31 | -57.78% |
| 2017-12-31 | -113.34% |
| 2017-09-30 | -101.48% |
| 2017-06-30 | -81.93% |
| 2017-03-31 | -69.23% |
| 2016-12-31 | -33.23% |
| 2016-09-30 | -25.12% |
| 2016-06-30 | -22.95% |
| 2015-12-31 | -45.97% |
