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 3.03% is 53% below its 5-year average of 6.49%, near the low end of its 5-year range (3.03%–9.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.31% below its 12-month average of 4.11%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
3.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.31%
CURRENT VS TTM AVG
-26.31%
CURRENT VS 3Y AVG
-41.35%
CURRENT VS 5Y AVG
-53.35%
CURRENT VS 10Y AVG
-56.31%
CURRENT VS 15Y AVG
-60.06%
CURRENT VS 20Y AVG
-58.63%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-62.97%
vs the sector median at left
Akamai Technologies, Inc.
Market Cap
$15.35B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
4.11%
3Y Avg
5.16%
5Y Avg
6.49%
Market Cap
$15.39B
Return on Invested Capital (ROIC)
17.18%
TTM Avg
11.75%
3Y Avg
9.97%
5Y Avg
9.61%
Market Cap
$15.11B
Return on Invested Capital (ROIC)
-15.57%
TTM Avg
-29.55%
3Y Avg
-26.12%
5Y Avg
-22.91%
Market Cap
$14.92B
Return on Invested Capital (ROIC)
15.72%
TTM Avg
15.37%
3Y Avg
15.36%
5Y Avg
15.31%
Market Cap
$14.66B
Return on Invested Capital (ROIC)
5.60%
TTM Avg
5.80%
3Y Avg
5.73%
5Y Avg
5.34%
Market Cap
$16.26B
Return on Invested Capital (ROIC)
14.42%
TTM Avg
14.43%
3Y Avg
10.79%
5Y Avg
9.81%
Market Cap
$14.24B
Return on Invested Capital (ROIC)
6.13%
TTM Avg
6.32%
3Y Avg
5.63%
5Y Avg
6.03%
Market Cap
$13.98B
Return on Invested Capital (ROIC)
3.42%
TTM Avg
5.19%
3Y Avg
6.67%
5Y Avg
7.82%
Market Cap
$16.75B
Return on Invested Capital (ROIC)
-7.62%
TTM Avg
-3.44%
3Y Avg
-6.28%
5Y Avg
-4.32%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Akamai Technologies, Inc. (AKAM) | $15.35B | 3.03% | 4.11% | 5.16% | 6.49% |
| PTC Inc. (PTC)vs › | $15.39B | 17.18% | 11.75% | 9.97% | 9.61% |
| IonQ, Inc. (IONQ)vs › | $15.11B | -15.57% | -29.55% | -26.12% | -22.91% |
| Fabrinet (FN)vs › | $14.92B | 15.72% | 15.37% | 15.36% | 15.31% |
| Dynatrace, Inc. (DT)vs › | $14.66B | 5.60% | 5.80% | 5.73% | 5.34% |
| Leidos Holdings, Inc. (LDOS)vs › | $16.26B | 14.42% | 14.43% | 10.79% | 9.81% |
| Tyler Technologies, Inc. (TYL)vs › | $14.24B | 6.13% | 6.32% | 5.63% | 6.03% |
| Onto Innovation Inc. (ONTO)vs › | $13.98B | 3.42% | 5.19% | 6.67% | 7.82% |
| IREN Limited (IREN)vs › | $16.75B | -7.62% | -3.44% | -6.28% | -4.32% |
| Zebra Technologies Corporation (ZBRA)vs › | $16.79B | 10.35% | 9.27% | 8.53% | 11.34% |
ROIC
3.0%
ROE
8.7%
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 | 3.03% |
| 2026-03-31 | 4.34% |
| 2025-12-31 | 4.31% |
| 2025-09-30 | 4.71% |
| 2025-06-30 | 4.14% |
| 2025-03-31 | 4.52% |
| 2024-12-31 | 4.87% |
| 2024-09-30 | 5.13% |
| 2024-06-30 | 6.25% |
| 2024-03-31 | 6.49% |
| 2023-12-31 | 5.89% |
| 2023-09-30 | 6.36% |
| 2023-06-30 | 7.02% |
| 2023-03-31 | 7.35% |
| 2022-12-31 | 7.94% |
| 2022-09-30 | 8.05% |
| 2022-06-30 | 8.81% |
| 2022-03-31 | 9.27% |
| 2021-12-31 | 9.72% |
| 2021-09-30 | 9.06% |
| 2021-06-30 | 8.93% |
| 2021-03-31 | 9.03% |
| 2020-12-31 | 8.68% |
| 2020-09-30 | 8.87% |
| 2020-06-30 | 8.74% |
| 2020-03-31 | 8.22% |
| 2019-12-31 | 7.79% |
| 2019-09-30 | 8.13% |
| 2019-06-30 | 9.23% |
| 2019-03-31 | 8.03% |
| 2018-12-31 | 6.38% |
| 2018-09-30 | 4.82% |
| 2018-06-30 | 3.58% |
| 2018-03-31 | 4.58% |
| 2017-12-31 | 5.18% |
| 2017-09-30 | 7.00% |
| 2017-06-30 | 7.28% |
| 2017-03-31 | 7.75% |
| 2016-12-31 | 7.91% |
| 2016-09-30 | 8.06% |
| 2016-06-30 | 8.46% |
| 2016-03-31 | 8.44% |
| 2015-12-31 | 8.51% |
| 2015-09-30 | 8.74% |
| 2015-06-30 | 9.00% |
| 2015-03-31 | 9.31% |
| 2014-12-31 | 9.29% |
| 2014-09-30 | 9.05% |
| 2014-06-30 | 8.82% |
| 2014-03-31 | 8.59% |
| 2013-12-31 | 10.75% |
| 2013-09-30 | 10.66% |
| 2013-06-30 | 9.83% |
| 2013-03-31 | 9.34% |
| 2012-12-31 | 8.32% |
| 2012-09-30 | 8.03% |
| 2012-06-30 | 7.89% |
| 2012-03-31 | 8.10% |
| 2011-12-31 | 8.65% |
| 2011-09-30 | 8.65% |
| 2011-06-30 | 8.19% |
| 2011-03-31 | 7.85% |
| 2010-12-31 | 7.52% |
| 2010-09-30 | 7.23% |
| 2010-06-30 | 7.06% |
| 2010-03-31 | 7.13% |
| 2009-12-31 | 7.01% |
| 2009-09-30 | 6.97% |
| 2009-06-30 | 7.10% |
| 2009-03-31 | 7.20% |
| 2008-12-31 | 7.38% |
| 2008-09-30 | 7.34% |
| 2008-06-30 | 6.92% |
| 2008-03-31 | 6.38% |
| 2007-12-31 | 5.55% |
| 2007-09-30 | 4.92% |
| 2007-06-30 | 4.50% |
| 2007-03-31 | 4.03% |
| 2006-12-31 | 4.18% |
| 2006-09-30 | 5.73% |
| 2006-06-30 | 8.32% |
| 2006-03-31 | 8.69% |
| 2005-12-31 | 8.83% |
| 2005-09-30 | 11.34% |
| 2005-06-30 | 19.74% |
| 2005-03-31 | 36.69% |
| 2004-12-31 | 35.16% |
| 2004-09-30 | 25.83% |
| 2004-06-30 | 13.55% |
| 2004-03-31 | 0.74% |
| 2003-12-31 | -5.14% |
| 2003-09-30 | -53.10% |
| 2003-06-30 | -86.06% |
