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 15.47% is 1369% above its 2-year average of -1.22%, near the high end of its 2-year range (-18.30%–15.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 43.01% above its 12-month average of 10.82%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 15.47%.
RETURN ON INVESTED CAPITAL (ROIC)
15.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+43.01%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+89.39%
vs the sector median at left
Astera Labs, Inc. Common Stock
Market Cap
$44.53B
Return on Invested Capital (ROIC)
15.47%
TTM Avg
10.82%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.27B
Return on Invested Capital (ROIC)
-0.36%
TTM Avg
1.00%
3Y Avg
0.55%
5Y Avg
0.55%
Market Cap
$43.25B
Return on Invested Capital (ROIC)
1.88%
TTM Avg
3.59%
3Y Avg
12.69%
5Y Avg
12.76%
Market Cap
$43.20B
Return on Invested Capital (ROIC)
-0.07%
TTM Avg
-3.67%
3Y Avg
-17.72%
5Y Avg
-16.03%
Market Cap
$42.88B
Return on Invested Capital (ROIC)
10.40%
TTM Avg
9.27%
3Y Avg
9.56%
5Y Avg
11.34%
Market Cap
$46.71B
Return on Invested Capital (ROIC)
4.78%
TTM Avg
6.63%
3Y Avg
3.67%
5Y Avg
2.70%
Market Cap
$46.74B
Return on Invested Capital (ROIC)
11.56%
TTM Avg
4.13%
3Y Avg
4.91%
5Y Avg
6.51%
Market Cap
$48.05B
Return on Invested Capital (ROIC)
21.19%
TTM Avg
18.64%
3Y Avg
17.32%
5Y Avg
15.98%
Market Cap
$40.56B
Return on Invested Capital (ROIC)
-2.34%
TTM Avg
-6.30%
3Y Avg
-8.21%
5Y Avg
-1.47%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Astera Labs, Inc. Common Stock (ALAB) | $44.53B | 15.47% | 10.82% | N/A | N/A |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $45.27B | -0.36% | 1.00% | 0.55% | 0.55% |
| STMicroelectronics N.V. (STM)vs › | $43.25B | 1.88% | 3.59% | 12.69% | 12.76% |
| Strategy Inc (MSTR)vs › | $43.20B | -0.07% | -3.67% | -17.72% | -16.03% |
| Veeva Systems Inc. (VEEV)vs › | $42.88B | 10.40% | 9.27% | 9.56% | 11.34% |
| Block, Inc. (XYZ)vs › | $46.71B | 4.78% | 6.63% | 3.67% | 2.70% |
| Ciena Corporation (CIEN)vs › | $46.74B | 11.56% | 4.13% | 4.91% | 6.51% |
| Autodesk, Inc. (ADSK)vs › | $48.05B | 21.19% | 18.64% | 17.32% | 15.98% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $40.56B | -2.34% | -6.30% | -8.21% | -1.47% |
| Atlassian Corporation (TEAM)vs › | $49.47B | 0.22% | -2.17% | -6.29% | -2.37% |
ROIC
15.5%
ROE
21.4%
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 | 15.47% |
| 2026-03-31 | 14.42% |
| 2025-12-31 | 12.40% |
| 2025-09-30 | 8.17% |
| 2025-06-30 | 3.63% |
| 2025-03-31 | -2.09% |
| 2024-12-31 | -11.99% |
| 2024-09-30 | -11.98% |
| 2024-06-30 | -11.78% |
| 2024-03-31 | -11.38% |
| 2023-12-31 | -18.30% |
