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 7.10% is in line with its 2-year average of 7.06%, around the middle of its 2-year range (5.61%–8.03%).
As of the fiscal period ended Saturday, June 27, 2026. 7.64% above its 12-month average of 6.60%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-27): 7.10%.
RETURN ON INVESTED CAPITAL (ROIC)
7.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.22%
CURRENT VS TTM AVG
+7.64%
CURRENT VS 3Y AVG
+0.67%
CURRENT VS 5Y AVG
+0.67%
CURRENT VS 10Y AVG
+37.04%
CURRENT VS 15Y AVG
+4.59%
CURRENT VS 20Y AVG
-1.65%
SECTOR MEDIAN · TECHNOLOGY
1.99%
median of 541 covered companies
CURRENT VS SECTOR MEDIAN
+256.95%
vs the sector median at left
Avnet, Inc.
Market Cap
$8.70B
Return on Invested Capital (ROIC)
7.10%
TTM Avg
6.60%
3Y Avg
7.06%
5Y Avg
7.06%
Market Cap
$8.73B
Return on Invested Capital (ROIC)
16.87%
TTM Avg
23.00%
3Y Avg
16.70%
5Y Avg
12.52%
Market Cap
$8.61B
Return on Invested Capital (ROIC)
31.70%
TTM Avg
24.91%
3Y Avg
21.01%
5Y Avg
12.84%
Market Cap
$8.78B
Return on Invested Capital (ROIC)
-9.02%
TTM Avg
-11.64%
3Y Avg
-19.22%
5Y Avg
-30.49%
Market Cap
$8.62B
Return on Invested Capital (ROIC)
-17.52%
TTM Avg
-18.38%
3Y Avg
-20.29%
5Y Avg
-20.97%
Market Cap
$8.28B
Return on Invested Capital (ROIC)
-4.18%
TTM Avg
-9.27%
3Y Avg
-14.86%
5Y Avg
-15.33%
Market Cap
$8.29B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
-2.96%
3Y Avg
-30.48%
5Y Avg
-34.20%
Market Cap
$8.04B
Return on Invested Capital (ROIC)
-73.55%
TTM Avg
-68.16%
3Y Avg
-75.55%
5Y Avg
-75.55%
Market Cap
$7.87B
Return on Invested Capital (ROIC)
18.36%
TTM Avg
16.70%
3Y Avg
16.39%
5Y Avg
14.74%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Avnet, Inc. (AVT) | $8.70B | 7.10% | 6.60% | 7.06% | 7.06% |
| InterDigital, Inc. (IDCC)vs › | $8.73B | 16.87% | 23.00% | 16.70% | 12.52% |
| Dropbox, Inc. (DBX)vs › | $8.61B | 31.70% | 24.91% | 21.01% | 12.84% |
| GitLab Inc. (GTLB)vs › | $8.78B | -9.02% | -11.64% | -19.22% | -30.49% |
| SentinelOne, Inc. (S)vs › | $8.62B | -17.52% | -18.38% | -20.29% | -20.97% |
| Procore Technologies, Inc. (PCOR)vs › | $8.28B | -4.18% | -9.27% | -14.86% | -15.33% |
| Zeta Global Holdings Corp. (ZETA)vs › | $8.29B | 2.53% | -2.96% | -30.48% | -34.20% |
| Netskope, Inc. Class A Common Stock (NTSK)vs › | $8.04B | -73.55% | -68.16% | -75.55% | -75.55% |
| Paylocity Holding Corporation (PCTY)vs › | $7.87B | 18.36% | 16.70% | 16.39% | 14.74% |
| Silicon Motion Technology Corporation (SIMO)vs › | $9.73B | 14.77% | 9.14% | 11.24% | 15.36% |
ROIC
7.1%
ROE
6.7%
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) |
|---|---|
| 2026-06-27 | 7.10% |
| 2026-03-28 | 5.61% |
| 2025-12-27 | 6.12% |
| 2025-09-27 | 6.77% |
| 2025-06-30 | 7.39% |
| 2025-03-29 | 7.55% |
| 2024-12-28 | 7.60% |
| 2024-09-28 | 7.32% |
| 2024-06-29 | 8.03% |
| 2021-04-03 | 2.83% |
| 2020-03-28 | -0.62% |
| 2019-03-30 | 5.26% |
| 2018-12-29 | 2.54% |
| 2018-09-29 | 2.48% |
| 2018-06-30 | 1.75% |
| 2016-04-02 | 7.70% |
| 2015-03-28 | 10.33% |
| 2014-03-29 | 7.97% |
| 2013-03-30 | 8.01% |
| 2012-12-29 | 9.80% |
| 2012-09-29 | 10.28% |
| 2012-06-30 | 10.16% |
| 2010-04-03 | 6.41% |
| 2009-03-28 | -21.11% |
| 2008-03-29 | 9.49% |
| 2007-12-29 | 9.80% |
| 2007-09-29 | 9.64% |
| 2007-06-30 | 9.81% |
| 2004-04-03 | 3.33% |