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 0.23% is 119% above its 5-year average of -1.17%, around the middle of its 5-year range (-4.23%–3.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 125.26% above its 12-month average of -0.90%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
0.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-0.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-2.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-1.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-2.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-2.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+125.26%
CURRENT VS 3Y AVG
+108.52%
CURRENT VS 5Y AVG
+119.32%
CURRENT VS 10Y AVG
+108.78%
CURRENT VS 15Y AVG
+109.12%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.70%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
-96.62%
vs the sector median at left
Zillow Group, Inc. Class C
Market Cap
$7.76B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
-0.90%
3Y Avg
-2.65%
5Y Avg
-1.17%
Market Cap
$8.94B
Return on Invested Capital (ROIC)
-5.19%
TTM Avg
-9.98%
3Y Avg
-15.23%
5Y Avg
-15.20%
Market Cap
$6.55B
Return on Invested Capital (ROIC)
12.51%
TTM Avg
11.80%
3Y Avg
7.97%
5Y Avg
8.37%
Market Cap
$9.72B
Return on Invested Capital (ROIC)
23.26%
TTM Avg
17.48%
3Y Avg
16.98%
5Y Avg
19.42%
Market Cap
$5.02B
Return on Invested Capital (ROIC)
6.43%
TTM Avg
7.54%
3Y Avg
5.59%
5Y Avg
4.16%
Market Cap
$11.45B
Return on Invested Capital (ROIC)
-15.75%
TTM Avg
-5.76%
3Y Avg
-4.18%
5Y Avg
-4.18%
Market Cap
$3.46B
Return on Invested Capital (ROIC)
0.21%
TTM Avg
0.14%
3Y Avg
-0.04%
5Y Avg
1.07%
Market Cap
$12.52B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
Market Cap
$14.41B
Return on Invested Capital (ROIC)
6.70%
TTM Avg
4.86%
3Y Avg
7.34%
5Y Avg
8.06%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zillow Group, Inc. Class C (Z) | $7.76B | 0.23% | -0.90% | -2.65% | -1.17% |
| Snap Inc. (SNAP)vs › | $8.94B | -5.19% | -9.98% | -15.23% | -15.20% |
| The Trade Desk, Inc. (TTD)vs › | $6.55B | 12.51% | 11.80% | 7.97% | 8.37% |
| Match Group, Inc. (MTCH)vs › | $9.72B | 23.26% | 17.48% | 16.98% | 19.42% |
| Iridium Communications Inc. (IRDM)vs › | $5.02B | 6.43% | 7.54% | 5.59% | 4.16% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.45B | -15.75% | -5.76% | -4.18% | -4.18% |
| Liberty Global plc (LBTYA)vs › | $3.46B | 0.21% | 0.14% | -0.04% | 1.07% |
| Pinterest, Inc. (PINS)vs › | $12.52B | 5.38% | 4.75% | 0.70% | 1.11% |
| TKO Group Holdings, Inc. (TKO)vs › | $14.41B | 6.70% | 4.86% | 7.34% | 8.06% |
| Fiverr International Ltd. (FVRR)vs › | $318.88M | 3.76% | -1.06% | -3.43% | -3.58% |
ROIC
0.2%
ROE
1.3%
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 | 0.23% |
| 2026-03-31 | 0.21% |
| 2025-12-31 | -0.58% |
| 2025-09-30 | -1.71% |
| 2025-06-30 | -2.63% |
| 2025-03-31 | -2.95% |
| 2024-12-31 | -3.54% |
| 2024-09-30 | -3.97% |
| 2024-06-30 | -3.79% |
| 2024-03-31 | -4.12% |
| 2023-12-31 | -4.23% |
| 2023-09-30 | -3.71% |
| 2023-06-30 | -3.72% |
| 2023-03-31 | -2.57% |
| 2022-12-31 | -1.31% |
| 2022-09-30 | 0.34% |
| 2022-06-30 | 1.96% |
| 2022-03-31 | 2.05% |
| 2021-12-31 | 3.27% |
| 2021-09-30 | 2.71% |
| 2021-06-30 | 3.48% |
| 2021-03-31 | 2.39% |
| 2020-12-31 | -0.57% |
| 2020-09-30 | -3.09% |
| 2020-06-30 | -5.26% |
| 2020-03-31 | -5.80% |
| 2019-12-31 | -4.16% |
| 2019-09-30 | -4.60% |
| 2019-06-30 | -5.00% |
| 2019-03-31 | -4.11% |
| 2018-12-31 | -3.11% |
| 2018-09-30 | -4.72% |
| 2018-06-30 | -5.07% |
| 2018-03-31 | -5.41% |
| 2017-12-31 | -5.20% |
| 2017-09-30 | 0.06% |
| 2017-06-30 | -0.15% |
| 2017-03-31 | -4.65% |
| 2016-12-31 | -6.32% |
| 2016-09-30 | -7.47% |
| 2016-06-30 | -8.81% |
| 2016-03-31 | -4.60% |
| 2015-12-31 | -4.89% |
| 2015-09-30 | -4.40% |
| 2015-06-30 | -4.02% |
| 2015-03-31 | -3.15% |
| 2014-12-31 | -7.44% |
| 2014-09-30 | -5.16% |
| 2014-06-30 | -3.37% |
| 2014-03-31 | -3.37% |
| 2013-12-31 | -2.95% |
| 2013-09-30 | -3.42% |
| 2013-06-30 | -3.85% |
| 2013-03-31 | 0.10% |
| 2012-12-31 | 2.04% |
| 2012-09-30 | 2.22% |
| 2012-06-30 | 2.85% |
| 2012-03-31 | 3.25% |
| 2011-12-31 | 0.97% |
| 2011-09-30 | -0.40% |
| 2011-06-30 | -6.08% |
| 2011-03-31 | -25.70% |
| 2010-12-31 | -38.45% |