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 15.10% is in line with its 5-year average of 15.09%, around the middle of its 5-year range (12.84%–18.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.39% below its 12-month average of 15.79%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 15.10%.
RETURN ON INVESTED CAPITAL (ROIC)
15.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
15.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
15.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
13.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
13.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
14.38%
CURRENT VS TTM AVG
-4.39%
CURRENT VS 3Y AVG
-1.44%
CURRENT VS 5Y AVG
+0.06%
CURRENT VS 10Y AVG
+8.46%
CURRENT VS 15Y AVG
+10.01%
CURRENT VS 20Y AVG
+5.04%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+84.84%
vs the sector median at left
Amphenol Corporation
Market Cap
$200.58B
Return on Invested Capital (ROIC)
15.10%
TTM Avg
15.79%
3Y Avg
15.32%
5Y Avg
15.09%
Market Cap
$199.97B
Return on Invested Capital (ROIC)
8.78%
TTM Avg
8.41%
3Y Avg
5.81%
5Y Avg
4.14%
Market Cap
$198.65B
Return on Invested Capital (ROIC)
51.40%
TTM Avg
51.40%
3Y Avg
30.73%
5Y Avg
23.51%
Market Cap
$205.81B
Return on Invested Capital (ROIC)
5.44%
TTM Avg
1.03%
3Y Avg
-0.05%
5Y Avg
-0.75%
Market Cap
$211.59B
Return on Invested Capital (ROIC)
-1.57%
TTM Avg
-2.75%
3Y Avg
-3.01%
5Y Avg
-3.90%
Market Cap
$185.22B
Return on Invested Capital (ROIC)
17.42%
TTM Avg
18.97%
3Y Avg
22.79%
5Y Avg
23.23%
Market Cap
$177.82B
Return on Invested Capital (ROIC)
9.62%
TTM Avg
4.73%
3Y Avg
5.67%
5Y Avg
5.29%
Market Cap
$226.06B
Return on Invested Capital (ROIC)
10.12%
TTM Avg
9.80%
3Y Avg
8.91%
5Y Avg
7.63%
Market Cap
$166.23B
Return on Invested Capital (ROIC)
40.19%
TTM Avg
39.70%
3Y Avg
19.73%
5Y Avg
12.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Amphenol Corporation (APH) | $200.58B | 15.10% | 15.79% | 15.32% | 15.09% |
| Salesforce, Inc. (CRM)vs › | $199.97B | 8.78% | 8.41% | 5.81% | 4.14% |
| Seagate Technology Holdings plc (STX)vs › | $198.65B | 51.40% | 51.40% | 30.73% | 23.51% |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 5.44% | 1.03% | -0.05% | -0.75% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | -1.57% | -2.75% | -3.01% | -3.90% |
| QUALCOMM Incorporated (QCOM)vs › | $185.22B | 17.42% | 18.97% | 22.79% | 23.23% |
| Analog Devices, Inc. (ADI)vs › | $177.82B | 9.62% | 4.73% | 5.67% | 5.29% |
| International Business Machines Corporation (IBM)vs › | $226.06B | 10.12% | 9.80% | 8.91% | 7.63% |
| Western Digital Corporation (WDC)vs › | $166.23B | 40.19% | 39.70% | 19.73% | 12.92% |
| Shopify Inc. (SHOP)vs › | $164.53B | 11.67% | 8.12% | -0.45% | 0.23% |
ROIC
15.1%
ROE
33.3%
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 | 15.10% |
| 2026-03-31 | 13.69% |
| 2025-12-31 | 15.12% |
| 2025-09-30 | 18.53% |
| 2025-06-30 | 16.54% |
| 2025-03-31 | 15.63% |
| 2024-12-31 | 14.90% |
| 2024-09-30 | 15.01% |
| 2024-06-30 | 14.68% |
| 2024-03-31 | 15.33% |
| 2023-12-31 | 14.88% |
| 2023-09-30 | 15.53% |
| 2023-06-30 | 15.82% |
| 2023-03-31 | 15.81% |
| 2022-12-31 | 15.90% |
| 2022-09-30 | 15.85% |
| 2022-06-30 | 15.15% |
| 2022-03-31 | 14.59% |
| 2021-12-31 | 14.04% |
| 2021-09-30 | 13.18% |
| 2021-06-30 | 12.84% |
| 2021-03-31 | 12.59% |
| 2020-12-31 | 12.71% |
| 2020-09-30 | 12.93% |
| 2020-06-30 | 12.79% |
| 2020-03-31 | 11.94% |
| 2019-12-31 | 14.00% |
| 2019-09-30 | 14.47% |
| 2019-06-30 | 14.71% |
| 2019-03-31 | 15.24% |
| 2018-12-31 | 15.52% |
| 2018-09-30 | 11.20% |
| 2018-06-30 | 10.82% |
| 2018-03-31 | 10.32% |
| 2017-12-31 | 9.34% |
| 2017-09-30 | 12.92% |
| 2017-06-30 | 12.81% |
| 2017-03-31 | 12.69% |
| 2016-12-31 | 12.20% |
| 2016-09-30 | 11.70% |
| 2016-06-30 | 11.84% |
| 2016-03-31 | 11.63% |
| 2015-12-31 | 12.56% |
| 2015-09-30 | 12.55% |
| 2015-06-30 | 12.54% |
| 2015-03-31 | 12.81% |
| 2014-12-31 | 12.72% |
| 2014-09-30 | 12.48% |
| 2014-06-30 | 12.63% |
| 2014-03-31 | 12.72% |
| 2013-12-31 | 12.86% |
| 2013-09-30 | 13.43% |
| 2013-06-30 | 13.61% |
| 2013-03-31 | 13.87% |
| 2012-12-31 | 13.44% |
| 2012-09-30 | 13.17% |
| 2012-06-30 | 13.59% |
| 2012-03-31 | 14.20% |
| 2011-12-31 | 14.58% |
| 2011-09-30 | 15.45% |
| 2011-06-30 | 15.65% |
| 2011-03-31 | 15.99% |
| 2010-12-31 | 15.77% |
| 2010-09-30 | 14.99% |
| 2010-06-30 | 14.74% |
| 2010-03-31 | 13.30% |
| 2009-12-31 | 13.19% |
| 2009-09-30 | 13.85% |
| 2009-06-30 | 15.55% |
| 2009-03-31 | 17.40% |
| 2008-12-31 | 19.29% |
| 2008-09-30 | 18.97% |
| 2008-06-30 | 18.37% |
| 2008-03-31 | 18.03% |
| 2007-12-31 | 18.08% |
| 2007-09-30 | 17.98% |
| 2007-06-30 | 17.54% |
| 2007-03-31 | 16.72% |
| 2006-12-31 | 16.61% |
| 2006-09-30 | 15.76% |
| 2006-06-30 | 15.03% |
| 2006-03-31 | 14.80% |
| 2005-12-31 | 14.27% |
| 2005-09-30 | 18.12% |
| 2005-06-30 | 17.14% |
| 2005-03-31 | 17.16% |
| 2004-12-31 | 17.45% |
| 2004-09-30 | 17.05% |
| 2004-06-30 | 16.02% |
| 2004-03-31 | 14.60% |
| 2003-12-31 | 13.85% |
| 2003-09-30 | 13.14% |
| 2003-06-30 | 12.39% |
