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 23.60% is 25% below its 5-year average of 31.66%, near the low end of its 5-year range (23.60%–41.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.20% below its 12-month average of 24.13%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
23.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
24.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
32.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
31.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
28.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
22.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
20.67%
CURRENT VS TTM AVG
-2.20%
CURRENT VS 3Y AVG
-27.01%
CURRENT VS 5Y AVG
-25.47%
CURRENT VS 10Y AVG
-16.22%
CURRENT VS 15Y AVG
+4.67%
CURRENT VS 20Y AVG
+14.19%
SECTOR MEDIAN · TECHNOLOGY
8.03%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+193.90%
vs the sector median at left
Automatic Data Processing, Inc.
Market Cap
$106.51B
Return on Invested Capital (ROIC)
23.60%
TTM Avg
24.13%
3Y Avg
32.33%
5Y Avg
31.66%
Market Cap
$101.65B
Return on Invested Capital (ROIC)
-30.15%
TTM Avg
-27.70%
3Y Avg
-22.31%
5Y Avg
-18.89%
Market Cap
$101.53B
Return on Invested Capital (ROIC)
16.99%
TTM Avg
17.99%
3Y Avg
19.80%
5Y Avg
19.97%
Market Cap
$99.54B
Return on Invested Capital (ROIC)
36.69%
TTM Avg
31.05%
3Y Avg
27.82%
5Y Avg
27.06%
Market Cap
$98.92B
Return on Invested Capital (ROIC)
-4.10%
TTM Avg
-5.08%
3Y Avg
-6.88%
5Y Avg
-6.94%
Market Cap
$115.00B
Return on Invested Capital (ROIC)
8.98%
TTM Avg
9.10%
3Y Avg
7.41%
5Y Avg
6.12%
Market Cap
$95.39B
Return on Invested Capital (ROIC)
-0.74%
TTM Avg
0.17%
3Y Avg
-0.79%
5Y Avg
-0.84%
Market Cap
$118.82B
Return on Invested Capital (ROIC)
28.75%
TTM Avg
27.98%
3Y Avg
29.21%
5Y Avg
26.02%
Market Cap
$118.98B
Return on Invested Capital (ROIC)
7.54%
TTM Avg
5.55%
3Y Avg
4.62%
5Y Avg
4.43%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Automatic Data Processing, Inc. (ADP) | $106.51B | 23.60% | 24.13% | 32.33% | 31.66% |
| Snowflake Inc. (SNOW)vs › | $101.65B | -30.15% | -27.70% | -22.31% | -18.89% |
| Accenture plc (ACN)vs › | $101.53B | 16.99% | 17.99% | 19.80% | 19.97% |
| Adobe Inc. (ADBE)vs › | $99.54B | 36.69% | 31.05% | 27.82% | 27.06% |
| Cloudflare, Inc. (NET)vs › | $98.92B | -4.10% | -5.08% | -6.88% | -6.94% |
| ServiceNow, Inc. (NOW)vs › | $115.00B | 8.98% | 9.10% | 7.41% | 6.12% |
| Datadog, Inc. (DDOG)vs › | $95.39B | -0.74% | 0.17% | -0.79% | -0.84% |
| Fortinet, Inc. (FTNT)vs › | $118.82B | 28.75% | 27.98% | 29.21% | 26.02% |
| Corning Inc (GLW)vs › | $118.98B | 7.54% | 5.55% | 4.62% | 4.43% |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.78B | 14.11% | 13.77% | 18.23% | 18.78% |
ROIC
23.6%
ROE
73.2%
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) |
|---|---|
| 2026-06-30 | 23.60% |
| 2025-06-30 | 24.66% |
| 2024-06-30 | 39.37% |
| 2023-06-30 | 41.70% |
| 2022-06-30 | 36.64% |
| 2021-06-30 | 24.02% |
| 2020-06-30 | 24.25% |
| 2019-06-30 | 24.07% |
| 2018-06-30 | 29.84% |
| 2017-06-30 | 22.49% |
| 2016-06-30 | 19.21% |
| 2015-06-30 | 22.33% |
| 2014-06-30 | 14.59% |
| 2013-06-30 | 17.16% |
| 2012-06-30 | 16.92% |
| 2011-06-30 | 15.89% |
| 2010-06-30 | 16.91% |
| 2009-06-30 | 17.44% |
| 2008-06-30 | 17.31% |
| 2007-06-30 | 3.81% |
| 2006-06-30 | 3.21% |
| 2005-06-30 | 3.96% |
| 2004-06-30 | 4.65% |
| 2003-06-30 | 5.27% |
| 2002-06-30 | 6.11% |
| 2001-06-30 | 5.92% |
| 2000-06-30 | 4.13% |
| 1999-06-30 | 15.19% |
| 1998-06-30 | 14.83% |
| 1997-06-30 | 15.86% |
