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 -84.66% is 26% below its 1-year average of -67.11%, near the low end of its 1-year range (-84.66%–-49.55%).
As of the fiscal period ended Tuesday, June 30, 2026.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
Limited quarterly history available
ROIC needs at least three reported quarters before a meaningful chart is shown.
RETURN ON INVESTED CAPITAL (ROIC)
-84.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
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 · HEALTHCARE
-35.66%
median of 837 covered companies
CURRENT VS SECTOR MEDIAN
-137.42%
vs the sector median at left
Turn Therapeutics Inc.
Market Cap
$346.73M
Return on Invested Capital (ROIC)
-84.66%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$344.04M
Return on Invested Capital (ROIC)
-30.78%
TTM Avg
-151.81%
3Y Avg
-134.98%
5Y Avg
-109.65%
Market Cap
$349.70M
Return on Invested Capital (ROIC)
-56.73%
TTM Avg
-80.02%
3Y Avg
-65.94%
5Y Avg
-165.76%
Market Cap
$352.67M
Return on Invested Capital (ROIC)
-93.74%
TTM Avg
-188.84%
3Y Avg
-156.74%
5Y Avg
-129.07%
Market Cap
$353.00M
Return on Invested Capital (ROIC)
17.99%
TTM Avg
23.20%
3Y Avg
26.35%
5Y Avg
40.47%
Market Cap
$353.88M
Return on Invested Capital (ROIC)
-24.20%
TTM Avg
-33.45%
3Y Avg
-34.14%
5Y Avg
-28.75%
Market Cap
$355.36M
Return on Invested Capital (ROIC)
11.00%
TTM Avg
8.68%
3Y Avg
7.86%
5Y Avg
11.51%
Market Cap
$355.43M
Return on Invested Capital (ROIC)
-27.16%
TTM Avg
-54.52%
3Y Avg
-49.44%
5Y Avg
-51.83%
Market Cap
$359.53M
Return on Invested Capital (ROIC)
-1.84%
TTM Avg
-2.07%
3Y Avg
-43.39%
5Y Avg
-53.01%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Turn Therapeutics Inc. (TTRX) | $346.73M | -84.66% | N/A | N/A | N/A |
| Relmada Therapeutics, Inc. (RLMD)vs › | $344.04M | -30.78% | -151.81% | -134.98% | -109.65% |
| Orchestra BioMed Holdings, Inc. (OBIO)vs › | $349.70M | -56.73% | -80.02% | -65.94% | -165.76% |
| Ocugen, Inc. (OCGN)vs › | $352.67M | -93.74% | -188.84% | -156.74% | -129.07% |
| Embecta Corp. (EMBC)vs › | $353.00M | 17.99% | 23.20% | 26.35% | 40.47% |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $353.88M | -24.20% | -33.45% | -34.14% | -28.75% |
| Viemed Healthcare, Inc. (VMD)vs › | $355.36M | 11.00% | 8.68% | 7.86% | 11.51% |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $355.43M | -27.16% | -54.52% | -49.44% | -51.83% |
| Fennec Pharmaceuticals Inc. (FENC)vs › | $359.53M | -1.84% | -2.07% | -43.39% | -53.01% |
| Opus Genetics, Inc. (IRD)vs › | $361.64M | -59.29% | -166.84% | -79.03% | -92.27% |
ROIC
-84.7%
ROE
-1229.6%
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 | -84.66% |
| 2026-03-31 | -49.55% |