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 -11.84% is 73% above its 5-year average of -44.05%, around the middle of its 5-year range (-179.78%–86.84%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.81% below its 12-month average of -10.31%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -11.84%.
RETURN ON INVESTED CAPITAL (ROIC)
-11.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-10.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-15.20%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-44.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-65.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-68.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-60.40%
CURRENT VS TTM AVG
-14.81%
CURRENT VS 3Y AVG
+22.11%
CURRENT VS 5Y AVG
+73.11%
CURRENT VS 10Y AVG
+82.00%
CURRENT VS 15Y AVG
+82.82%
CURRENT VS 20Y AVG
+80.39%
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+66.78%
vs the sector median at left
TherapeuticsMD, Inc.
Market Cap
$23.26M
Return on Invested Capital (ROIC)
-11.84%
TTM Avg
-10.31%
3Y Avg
-15.20%
5Y Avg
-44.05%
Market Cap
$23.88M
Return on Invested Capital (ROIC)
-78.16%
TTM Avg
-118.00%
3Y Avg
-120.55%
5Y Avg
-93.95%
Market Cap
$22.92M
Return on Invested Capital (ROIC)
-36.89%
TTM Avg
-112.27%
3Y Avg
-56.18%
5Y Avg
-37.49%
Market Cap
$24.59M
Return on Invested Capital (ROIC)
-146.30%
TTM Avg
-66.51%
3Y Avg
-47.74%
5Y Avg
-43.26%
Market Cap
$22.20M
Return on Invested Capital (ROIC)
-248.21%
TTM Avg
-225.06%
3Y Avg
-147.38%
5Y Avg
-102.77%
Market Cap
$24.91M
Return on Invested Capital (ROIC)
-53.34%
TTM Avg
-80.89%
3Y Avg
-129.43%
5Y Avg
-113.96%
Market Cap
$22.13M
Return on Invested Capital (ROIC)
-253.57%
TTM Avg
-160.85%
3Y Avg
-171.27%
5Y Avg
-226.34%
Market Cap
$25.30M
Return on Invested Capital (ROIC)
-153.04%
TTM Avg
-84.65%
3Y Avg
-78.92%
5Y Avg
-71.84%
Market Cap
$22.00M
Return on Invested Capital (ROIC)
-14.21%
TTM Avg
-12.54%
3Y Avg
-12.42%
5Y Avg
-37.50%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TherapeuticsMD, Inc. (TXMD) | $23.26M | -11.84% | -10.31% | -15.20% | -44.05% |
| Kyntra Bio, Inc. (KYNB)vs › | $23.88M | -78.16% | -118.00% | -120.55% | -93.95% |
| Rein Therapeutics Inc. (RNTX)vs › | $22.92M | -36.89% | -112.27% | -56.18% | -37.49% |
| Atossa Therapeutics, Inc. (ATOS)vs › | $24.59M | -146.30% | -66.51% | -47.74% | -43.26% |
| LeonaBio, Inc. (LONA)vs › | $22.20M | -248.21% | -225.06% | -147.38% | -102.77% |
| ABVC BioPharma, Inc. (ABVC)vs › | $24.91M | -53.34% | -80.89% | -129.43% | -113.96% |
| Modular Medical, Inc. (MODD)vs › | $22.13M | -253.57% | -160.85% | -171.27% | -226.34% |
| InspireMD, Inc. (NSPR)vs › | $25.30M | -153.04% | -84.65% | -78.92% | -71.84% |
| Aytu BioPharma, Inc. (AYTU)vs › | $22.00M | -14.21% | -12.54% | -12.42% | -37.50% |
| iTonic Holdings Ltd. (ITOC)vs › | $25.78M | -59.10% | -35.54% | -33.20% | -24.47% |
ROIC
-11.8%
ROE
-0.8%
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 | -11.84% |
| 2026-03-31 | -8.35% |
| 2025-12-31 | -12.82% |
| 2025-09-30 | -8.71% |
| 2025-06-30 | -9.85% |
| 2025-03-31 | -16.21% |
| 2024-12-31 | -15.24% |
| 2024-09-30 | -19.88% |
| 2024-06-30 | -21.32% |
| 2024-03-31 | -19.65% |
| 2023-12-31 | -23.38% |
| 2023-03-31 | 86.84% |
| 2022-12-31 | 45.29% |
| 2022-09-30 | -154.65% |
| 2022-06-30 | -148.01% |
| 2022-03-31 | -179.78% |
| 2021-12-31 | -133.30% |
| 2021-09-30 | -100.45% |
| 2021-06-30 | -85.59% |
| 2021-03-31 | -73.16% |
| 2020-12-31 | -127.10% |
| 2020-09-30 | -127.21% |
| 2020-06-30 | -105.26% |
| 2020-03-31 | -79.24% |
| 2019-12-31 | -70.99% |
| 2019-09-30 | -79.36% |
| 2019-06-30 | -74.37% |
| 2019-03-31 | -104.89% |
| 2018-12-31 | -76.19% |
| 2018-09-30 | -54.84% |
| 2018-06-30 | -62.55% |
| 2018-03-31 | -75.54% |
| 2017-12-31 | -59.76% |
| 2017-09-30 | -52.77% |
| 2017-06-30 | -95.29% |
| 2017-03-31 | -82.08% |
| 2016-12-31 | -70.79% |
| 2016-09-30 | -57.96% |
| 2016-06-30 | -47.35% |
| 2016-03-31 | -46.49% |
| 2015-12-31 | -135.09% |
| 2015-09-30 | -106.63% |
| 2015-06-30 | -128.71% |
| 2015-03-31 | -74.70% |
| 2014-12-31 | -111.68% |
| 2014-09-30 | -71.91% |
| 2014-06-30 | -93.71% |
| 2014-03-31 | -63.78% |
| 2013-12-31 | -47.18% |
| 2013-09-30 | -37.35% |
| 2013-06-30 | -51.64% |
| 2013-03-31 | -45.51% |
| 2012-12-31 | -700.25% |
| 2012-09-30 | -1198.75% |
| 2012-06-30 | -477.32% |
| 2012-03-31 | -5100.55% |
| 2011-12-31 | -1336.83% |
| 2010-03-31 | -888.92% |
| 2009-12-31 | -400.53% |
| 2009-09-30 | -118.62% |
| 2008-12-31 | -2115.60% |
| 2008-09-30 | -2405.85% |
| 2008-06-30 | -931.86% |
| 2008-03-31 | -125.80% |
| 2007-12-31 | -100.28% |
| 2007-09-30 | 0.38% |
| 2007-06-30 | 8.23% |
| 2007-03-31 | 15.42% |
| 2006-12-31 | 21.43% |
| 2006-09-30 | 21.76% |
| 2006-06-30 | 21.09% |
| 2006-03-31 | 17.17% |
| 2005-12-31 | 19.15% |
| 2005-09-30 | 21.34% |
| 2005-06-30 | 19.51% |
| 2005-03-31 | 21.93% |
| 2004-12-31 | 18.54% |
| 2004-09-30 | 13.93% |
| 2004-06-30 | 13.57% |
| 2004-03-31 | 11.32% |
| 2003-12-31 | 11.83% |
| 2003-09-30 | 13.28% |
| 2003-06-30 | 11.53% |