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 -97.08% is 145% below its 5-year average of -39.56%, near the low end of its 5-year range (-97.08%–-10.90%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.27% below its 12-month average of -68.24%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -97.08%.
RETURN ON INVESTED CAPITAL (ROIC)
-97.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-68.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-50.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-39.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-113.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-87.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-90.23%
CURRENT VS TTM AVG
-42.27%
CURRENT VS 3Y AVG
-92.98%
CURRENT VS 5Y AVG
-145.38%
CURRENT VS 10Y AVG
+14.50%
CURRENT VS 15Y AVG
-10.71%
CURRENT VS 20Y AVG
-7.59%
SECTOR MEDIAN · TECHNOLOGY
0.38%
median of 608 covered companies
CURRENT VS SECTOR MEDIAN
-25987.81%
vs the sector median at left
VirnetX Holding Corp
Market Cap
$50.04M
Return on Invested Capital (ROIC)
-97.08%
TTM Avg
-68.24%
3Y Avg
-50.31%
5Y Avg
-39.56%
Market Cap
$49.56M
Return on Invested Capital (ROIC)
-51.26%
TTM Avg
-132.56%
3Y Avg
-136.52%
5Y Avg
-119.12%
Market Cap
$48.92M
Return on Invested Capital (ROIC)
-81.38%
TTM Avg
-26.73%
3Y Avg
-17.87%
5Y Avg
-22.82%
Market Cap
$48.61M
Return on Invested Capital (ROIC)
1.98%
TTM Avg
2.16%
3Y Avg
2.78%
5Y Avg
2.95%
Market Cap
$48.50M
Return on Invested Capital (ROIC)
-1.19%
TTM Avg
-7.35%
3Y Avg
-6.04%
5Y Avg
-11.50%
Market Cap
$46.78M
Return on Invested Capital (ROIC)
12.43%
TTM Avg
-0.78%
3Y Avg
-9.13%
5Y Avg
-14.94%
Market Cap
$53.37M
Return on Invested Capital (ROIC)
-21.73%
TTM Avg
-25.56%
3Y Avg
-26.23%
5Y Avg
-22.55%
Market Cap
$46.64M
Return on Invested Capital (ROIC)
-105.85%
TTM Avg
-65.58%
3Y Avg
-62.06%
5Y Avg
-63.52%
Market Cap
$46.40M
Return on Invested Capital (ROIC)
6.66%
TTM Avg
25.77%
3Y Avg
4.71%
5Y Avg
-0.48%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| VirnetX Holding Corp (VHC) | $50.04M | -97.08% | -68.24% | -50.31% | -39.56% |
| AEye, Inc. (LIDR)vs › | $49.56M | -51.26% | -132.56% | -136.52% | -119.12% |
| All In FutureTech Alliance Inc. (AIFA)vs › | $48.92M | -81.38% | -26.73% | -17.87% | -22.82% |
| Deswell Industries, Inc. (DSWL)vs › | $48.61M | 1.98% | 2.16% | 2.78% | 2.95% |
| TransAct Technologies Incorporated (TACT)vs › | $48.50M | -1.19% | -7.35% | -6.04% | -11.50% |
| Intellicheck, Inc. (IDN)vs › | $46.78M | 12.43% | -0.78% | -9.13% | -14.94% |
| Airgain, Inc. (AIRG)vs › | $53.37M | -21.73% | -25.56% | -26.23% | -22.55% |
| Odysight.ai Inc. (ODYS)vs › | $46.64M | -105.85% | -65.58% | -62.06% | -63.52% |
| Acorn Energy, Inc. (ACFN)vs › | $46.40M | 6.66% | 25.77% | 4.71% | -0.48% |
| Eltek Ltd. (ELTK)vs › | $53.77M | -9.88% | 5.60% | 9.29% | 9.00% |
ROIC
-97.1%
ROE
-131.5%
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 | -97.08% |
| 2026-03-31 | -78.76% |
| 2025-12-31 | -65.23% |
| 2025-09-30 | -52.36% |
| 2025-06-30 | -47.76% |
| 2025-03-31 | -45.22% |
| 2024-12-31 | -48.09% |
| 2024-09-30 | -44.39% |
| 2024-06-30 | -43.81% |
| 2024-03-31 | -55.13% |
| 2023-12-31 | -53.16% |
| 2023-09-30 | -50.90% |
| 2023-06-30 | -47.32% |
| 2023-03-31 | -30.58% |
| 2022-12-31 | -14.50% |
| 2022-09-30 | -12.07% |
| 2022-06-30 | -11.20% |
| 2022-03-31 | -10.90% |
| 2021-12-31 | -26.51% |
| 2021-09-30 | -26.56% |
| 2021-06-30 | -26.82% |
| 2021-03-31 | -29.64% |
| 2020-12-31 | 64.17% |
| 2020-09-30 | 64.02% |
| 2020-06-30 | 63.08% |
| 2020-03-31 | 48.78% |
| 2019-12-31 | -346.70% |
| 2019-09-30 | -383.00% |
| 2019-06-30 | -257.53% |
| 2019-03-31 | -268.99% |
| 2018-12-31 | -257.45% |
| 2018-09-30 | -185.57% |
| 2018-06-30 | -625.11% |
| 2018-03-31 | -488.09% |
| 2017-12-31 | -643.15% |
| 2017-09-30 | -456.73% |
| 2017-06-30 | -321.72% |
| 2017-03-31 | -233.09% |
| 2016-12-31 | -208.87% |
| 2016-09-30 | -189.88% |
| 2016-06-30 | -152.58% |
| 2016-03-31 | -204.46% |
| 2015-12-31 | -175.81% |
| 2015-09-30 | -70.35% |
| 2015-06-30 | -66.33% |
| 2015-03-31 | -37.23% |
| 2014-12-31 | -36.72% |
| 2014-09-30 | -112.00% |
| 2014-06-30 | -102.23% |
| 2014-03-31 | -87.22% |
| 2013-12-31 | -84.02% |
| 2013-09-30 | -80.80% |
| 2013-06-30 | -84.97% |
| 2013-03-31 | -86.40% |
| 2012-12-31 | -72.04% |
| 2012-09-30 | -62.27% |
| 2012-06-30 | -50.91% |
| 2012-03-31 | -33.86% |
| 2011-12-31 | -25.45% |
| 2011-09-30 | -19.73% |
| 2011-06-30 | -22.24% |
| 2010-03-31 | -543.77% |
| 2008-09-30 | -825.46% |
| 2008-06-30 | -332.96% |
| 2008-03-31 | -159.35% |
| 2007-12-31 | -79.09% |
| 2007-09-30 | -659.16% |
| 2007-06-30 | -356.47% |
| 2007-03-31 | -5.69% |
| 2006-12-31 | 17.40% |
| 2006-09-30 | 18.09% |
| 2006-06-30 | 31.40% |
| 2006-03-31 | 31.74% |
| 2005-12-31 | 24.72% |
| 2005-09-30 | 39.89% |
| 2005-06-30 | 24.17% |
| 2005-03-31 | 25.05% |
| 2004-12-31 | 47.05% |
| 2004-09-30 | 34.27% |
| 2004-06-30 | 44.23% |
| 2004-03-31 | 49.02% |
| 2003-12-31 | 54.71% |
| 2003-09-30 | 58.85% |
| 2003-06-30 | 1.40% |
