Basis: Latest reported fiscal year. 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 36.69% is 36% above its 4-year average of 27.06%, near the high end of its 4-year range (24.03%–36.69%).
As of the fiscal period ended Friday, November 28, 2025. 18.16% above its 12-month average of 31.05%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
36.69%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
31.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
27.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
27.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
22.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
16.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
16.33%
CURRENT VS TTM AVG
+18.16%
CURRENT VS 3Y AVG
+31.88%
CURRENT VS 5Y AVG
+35.58%
CURRENT VS 10Y AVG
+64.50%
CURRENT VS 15Y AVG
+117.32%
CURRENT VS 20Y AVG
+124.65%
SECTOR MEDIAN · TECHNOLOGY
8.08%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+354.08%
vs the sector median at left
Adobe Inc.
Market Cap
$94.24B
Return on Invested Capital (ROIC)
36.69%
TTM Avg
31.05%
3Y Avg
27.82%
5Y Avg
27.06%
Market Cap
$94.23B
Return on Invested Capital (ROIC)
16.99%
TTM Avg
17.99%
3Y Avg
19.80%
5Y Avg
19.97%
Market Cap
$93.92B
Return on Invested Capital (ROIC)
14.11%
TTM Avg
13.77%
3Y Avg
18.23%
5Y Avg
18.78%
Market Cap
$92.93B
Return on Invested Capital (ROIC)
-4.10%
TTM Avg
-5.08%
3Y Avg
-6.88%
5Y Avg
-6.94%
Market Cap
$92.49B
Return on Invested Capital (ROIC)
-30.15%
TTM Avg
-27.70%
3Y Avg
-22.31%
5Y Avg
-18.89%
Market Cap
$89.48B
Return on Invested Capital (ROIC)
-0.74%
TTM Avg
0.17%
3Y Avg
-0.79%
5Y Avg
-0.84%
Market Cap
$102.29B
Return on Invested Capital (ROIC)
24.66%
TTM Avg
32.02%
3Y Avg
35.59%
5Y Avg
31.77%
Market Cap
$84.15B
Return on Invested Capital (ROIC)
14.78%
TTM Avg
13.40%
3Y Avg
11.41%
5Y Avg
13.64%
Market Cap
$107.30B
Return on Invested Capital (ROIC)
8.98%
TTM Avg
9.10%
3Y Avg
7.41%
5Y Avg
6.12%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Adobe Inc. (ADBE) | $94.24B | 36.69% | 31.05% | 27.82% | 27.06% |
| Accenture plc (ACN)vs › | $94.23B | 16.99% | 17.99% | 19.80% | 19.97% |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.92B | 14.11% | 13.77% | 18.23% | 18.78% |
| Cloudflare, Inc. (NET)vs › | $92.93B | -4.10% | -5.08% | -6.88% | -6.94% |
| Snowflake Inc. (SNOW)vs › | $92.49B | -30.15% | -27.70% | -22.31% | -18.89% |
| Datadog, Inc. (DDOG)vs › | $89.48B | -0.74% | 0.17% | -0.79% | -0.84% |
| Automatic Data Processing, Inc. (ADP)vs › | $102.29B | 24.66% | 32.02% | 35.59% | 31.77% |
| Intuit Inc. (INTU)vs › | $84.15B | 14.78% | 13.40% | 11.41% | 13.64% |
| ServiceNow, Inc. (NOW)vs › | $107.30B | 8.98% | 9.10% | 7.41% | 6.12% |
| Fortinet, Inc. (FTNT)vs › | $112.45B | 28.75% | 27.98% | 29.21% | 26.02% |
ROIC
36.7%
ROE
62.8%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-11-28 | 36.69% |
| 2024-11-29 | 25.41% |
| 2023-12-01 | 24.58% |
| 2022-12-02 | 24.60% |
| 2021-12-03 | 24.03% |
| 2020-11-27 | 22.46% |
| 2019-11-29 | 19.15% |
| 2018-11-30 | 18.21% |
| 2017-12-01 | 15.61% |
| 2016-12-02 | 12.30% |
| 2015-11-27 | 6.84% |
| 2014-11-28 | 3.44% |
| 2013-11-29 | 3.87% |
| 2012-11-30 | 10.01% |
| 2011-12-02 | 11.41% |
| 2010-12-03 | 11.52% |
| 2009-11-27 | 5.91% |
| 2008-11-28 | 16.43% |
| 2007-11-30 | 13.48% |
| 2006-12-01 | 7.76% |
| 2005-12-02 | 29.26% |
| 2004-12-03 | 29.06% |
| 2003-11-28 | 23.75% |
| 2002-11-29 | 28.62% |
| 2001-11-30 | 41.10% |
| 2000-12-01 | 35.07% |
| 1999-12-03 | 30.77% |
| 1998-11-27 | 15.22% |
| 1997-11-28 | 20.35% |
| 1996-11-29 | 11.76% |