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 8.08% is in line with its 5-year average of 7.83%, around the middle of its 5-year range (1.86%–11.90%).
As of the fiscal period ended Wednesday, December 31, 2025. 62.58% above its 12-month average of 4.97%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
8.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.80%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.21%
CURRENT VS TTM AVG
+62.58%
CURRENT VS 3Y AVG
+20.28%
CURRENT VS 5Y AVG
+3.17%
CURRENT VS 10Y AVG
-36.88%
CURRENT VS 15Y AVG
-26.41%
CURRENT VS 20Y AVG
-20.83%
SECTOR MEDIAN · TECHNOLOGY
8.03%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+0.62%
vs the sector median at left
Advanced Energy Industries, Inc.
Market Cap
$9.48B
Return on Invested Capital (ROIC)
8.08%
TTM Avg
4.97%
3Y Avg
6.72%
5Y Avg
7.83%
Market Cap
$9.48B
Return on Invested Capital (ROIC)
6.35%
TTM Avg
6.35%
3Y Avg
9.08%
5Y Avg
12.47%
Market Cap
$9.39B
Return on Invested Capital (ROIC)
18.38%
TTM Avg
21.62%
3Y Avg
20.13%
5Y Avg
18.74%
Market Cap
$9.05B
Return on Invested Capital (ROIC)
13.38%
TTM Avg
11.70%
3Y Avg
7.72%
5Y Avg
8.12%
Market Cap
$9.01B
Return on Invested Capital (ROIC)
15.03%
TTM Avg
13.86%
3Y Avg
11.10%
5Y Avg
7.15%
Market Cap
$10.75B
Return on Invested Capital (ROIC)
5.18%
TTM Avg
5.18%
3Y Avg
6.65%
5Y Avg
8.57%
Market Cap
$10.94B
Return on Invested Capital (ROIC)
5.98%
TTM Avg
6.11%
3Y Avg
8.46%
5Y Avg
9.85%
Market Cap
$11.15B
Return on Invested Capital (ROIC)
18.78%
TTM Avg
20.59%
3Y Avg
21.68%
5Y Avg
18.97%
Market Cap
$7.81B
Return on Invested Capital (ROIC)
3.79%
TTM Avg
-1.29%
3Y Avg
0.72%
5Y Avg
1.41%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Advanced Energy Industries, Inc. (AEIS) | $9.48B | 8.08% | 4.97% | 6.72% | 7.83% |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.48B | 6.35% | 6.35% | 9.08% | 12.47% |
| Paycom Software, Inc. (PAYC)vs › | $9.39B | 18.38% | 21.62% | 20.13% | 18.74% |
| The Trade Desk, Inc. (TTD)vs › | $9.05B | 13.38% | 11.70% | 7.72% | 8.12% |
| Rambus Inc. (RMBS)vs › | $9.01B | 15.03% | 13.86% | 11.10% | 7.15% |
| Onto Innovation Inc. (ONTO)vs › | $10.75B | 5.18% | 5.18% | 6.65% | 8.57% |
| Amkor Technology, Inc. (AMKR)vs › | $10.94B | 5.98% | 6.11% | 8.46% | 9.85% |
| Gartner, Inc. (IT)vs › | $11.15B | 18.78% | 20.59% | 21.68% | 18.97% |
| Viavi Solutions Inc. (VIAV)vs › | $7.81B | 3.79% | -1.29% | 0.72% | 1.41% |
| DocuSign, Inc. (DOCU)vs › | $11.17B | 12.04% | 10.56% | 4.33% | -0.20% |
ROIC
8.1%
ROE
13.8%
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) |
|---|---|
| 2025-12-31 | 8.08% |
| 2024-12-31 | 1.86% |
| 2023-12-31 | 5.03% |
| 2022-12-31 | 11.90% |
| 2021-12-31 | 9.26% |
| 2020-12-31 | 10.86% |
| 2019-12-31 | 3.66% |
| 2018-12-31 | 20.74% |
| 2017-12-31 | 21.98% |
| 2016-12-31 | 24.31% |
| 2015-12-31 | 23.12% |
| 2014-12-31 | 7.07% |
| 2013-12-31 | 2.69% |
| 2012-12-31 | 4.12% |
| 2011-12-31 | 8.13% |
| 2010-12-31 | 12.87% |
| 2009-12-31 | -33.18% |
| 2008-12-31 | -0.38% |
| 2007-12-31 | 7.46% |
| 2006-12-31 | 18.77% |
| 2005-12-31 | 2.58% |
| 2004-12-31 | -0.44% |
| 2003-12-31 | -6.41% |
| 2002-12-31 | -9.89% |
| 2001-12-31 | -7.14% |
| 2000-12-31 | 17.21% |
| 1999-12-31 | 5.53% |
| 1998-12-31 | -10.92% |
| 1997-12-31 | 11.20% |
| 1996-12-31 | 10.48% |
