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 17.13% is 15% below its 5-year average of 20.10%, near the low end of its 5-year range (16.95%–23.93%).
As of the fiscal period ended Sunday, May 31, 2026. 1.55% below its 12-month average of 17.40%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-05-31): 17.13%.
RETURN ON INVESTED CAPITAL (ROIC)
17.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
17.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
18.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
20.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
23.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
27.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
29.82%
CURRENT VS TTM AVG
-1.55%
CURRENT VS 3Y AVG
-7.91%
CURRENT VS 5Y AVG
-14.78%
CURRENT VS 10Y AVG
-27.08%
CURRENT VS 15Y AVG
-37.07%
CURRENT VS 20Y AVG
-42.56%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+109.66%
vs the sector median at left
Accenture plc
Market Cap
$107.58B
Return on Invested Capital (ROIC)
17.13%
TTM Avg
17.40%
3Y Avg
18.60%
5Y Avg
20.10%
Market Cap
$106.02B
Return on Invested Capital (ROIC)
23.85%
TTM Avg
24.26%
3Y Avg
32.39%
5Y Avg
31.71%
Market Cap
$111.50B
Return on Invested Capital (ROIC)
-6.90%
TTM Avg
-5.13%
3Y Avg
-6.98%
5Y Avg
-7.11%
Market Cap
$102.48B
Return on Invested Capital (ROIC)
63.79%
TTM Avg
50.00%
3Y Avg
28.59%
5Y Avg
18.74%
Market Cap
$101.31B
Return on Invested Capital (ROIC)
36.61%
TTM Avg
31.16%
3Y Avg
27.93%
5Y Avg
27.17%
Market Cap
$114.89B
Return on Invested Capital (ROIC)
-24.89%
TTM Avg
-27.77%
3Y Avg
-22.54%
5Y Avg
-19.06%
Market Cap
$115.35B
Return on Invested Capital (ROIC)
32.78%
TTM Avg
27.98%
3Y Avg
29.21%
5Y Avg
26.02%
Market Cap
$90.59B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
5.97%
3Y Avg
7.71%
5Y Avg
7.86%
Market Cap
$85.87B
Return on Invested Capital (ROIC)
16.02%
TTM Avg
15.42%
3Y Avg
13.33%
5Y Avg
12.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Accenture plc (ACN) | $107.58B | 17.13% | 17.40% | 18.60% | 20.10% |
| Automatic Data Processing, Inc. (ADP)vs › | $106.02B | 23.85% | 24.26% | 32.39% | 31.71% |
| Cloudflare, Inc. (NET)vs › | $111.50B | -6.90% | -5.13% | -6.98% | -7.11% |
| AppLovin Corporation (APP)vs › | $102.48B | 63.79% | 50.00% | 28.59% | 18.74% |
| Adobe Inc. (ADBE)vs › | $101.31B | 36.61% | 31.16% | 27.93% | 27.17% |
| Snowflake Inc. (SNOW)vs › | $114.89B | -24.89% | -27.77% | -22.54% | -19.06% |
| Fortinet, Inc. (FTNT)vs › | $115.35B | 32.78% | 27.98% | 29.21% | 26.02% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $90.59B | 7.20% | 5.97% | 7.71% | 7.86% |
| Intuit Inc. (INTU)vs › | $85.87B | 16.02% | 15.42% | 13.33% | 12.92% |
| Datadog, Inc. (DDOG)vs › | $80.19B | 0.23% | 0.17% | -0.80% | -0.85% |
ROIC
17.1%
ROE
24.5%
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) |
|---|---|
| 2026-05-31 | 17.13% |
| 2026-02-28 | 16.95% |
| 2025-11-30 | 17.52% |
| 2025-08-31 | 17.27% |
| 2025-05-31 | 18.12% |
| 2025-02-28 | 18.20% |
| 2024-11-30 | 17.95% |
| 2024-08-31 | 19.37% |
| 2024-05-31 | 18.59% |
| 2024-02-29 | 19.42% |
| 2023-11-30 | 19.59% |
| 2023-08-31 | 20.25% |
| 2023-05-31 | 21.44% |
| 2023-02-28 | 22.78% |
| 2022-11-30 | 23.70% |
| 2022-08-31 | 23.93% |
| 2022-05-31 | 23.28% |
| 2022-02-28 | 22.80% |
| 2021-11-30 | 22.06% |
| 2021-08-31 | 21.41% |
| 2021-05-31 | 20.35% |
| 2021-02-28 | 20.17% |
| 2020-11-30 | 19.97% |
| 2020-08-31 | 20.41% |
| 2020-05-31 | 21.59% |
| 2020-02-29 | 22.47% |
| 2019-11-30 | 22.44% |
| 2019-08-31 | 26.09% |
| 2019-05-31 | 27.14% |
| 2019-02-28 | 26.63% |
| 2018-11-30 | 26.50% |
| 2018-08-31 | 29.84% |
| 2018-05-31 | 30.73% |
| 2018-02-28 | 27.86% |
| 2017-11-30 | 28.82% |
| 2017-08-31 | 28.35% |
| 2017-05-31 | 29.90% |
| 2017-02-28 | 32.82% |
| 2016-11-30 | 34.73% |
| 2016-08-31 | 31.82% |
| 2016-05-31 | 32.73% |
| 2016-02-29 | 33.09% |
| 2015-11-30 | 34.30% |
| 2015-08-31 | 33.90% |
| 2015-05-31 | 34.49% |
| 2015-02-28 | 34.55% |
| 2014-11-30 | 34.24% |
| 2014-08-31 | 32.52% |
| 2014-05-31 | 33.73% |
| 2014-02-28 | 34.76% |
| 2013-11-30 | 41.49% |
| 2013-08-31 | 40.82% |
| 2013-05-31 | 38.72% |
| 2013-02-28 | 37.04% |
| 2012-11-30 | 33.99% |
| 2012-08-31 | 32.74% |
| 2012-05-31 | 35.76% |
| 2012-02-29 | 33.55% |
| 2011-11-30 | 34.11% |
| 2011-08-31 | 32.23% |
| 2011-05-31 | 31.29% |
| 2011-02-28 | 30.63% |
| 2010-11-30 | 33.25% |
| 2010-08-31 | 32.88% |
| 2010-05-31 | 30.49% |
| 2010-02-28 | 29.90% |
| 2009-11-30 | 30.53% |
| 2009-08-31 | 31.80% |
| 2009-05-31 | 36.23% |
| 2009-02-28 | 43.47% |
| 2008-11-30 | 45.91% |
| 2008-08-31 | 38.31% |
| 2008-05-31 | 37.15% |
| 2008-02-29 | 38.01% |
| 2007-11-30 | 36.45% |
| 2007-08-31 | 43.06% |
| 2007-05-31 | 50.33% |
| 2007-02-28 | 49.76% |
| 2006-11-30 | 43.23% |
| 2006-08-31 | 36.58% |
| 2006-05-31 | 37.19% |
| 2006-02-28 | 42.05% |
| 2005-11-30 | 45.38% |
| 2005-08-31 | 35.59% |
| 2005-05-31 | 34.11% |
| 2005-02-28 | 29.20% |
| 2004-11-30 | 27.89% |
| 2004-08-31 | 32.71% |
| 2004-05-31 | 28.28% |
| 2004-02-29 | 31.88% |
| 2003-11-30 | 34.92% |
| 2003-08-31 | 33.95% |
| 2003-05-31 | 27.11% |
