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 5.35% is 18% below its 4-year average of 6.50%, near the low end of its 4-year range (2.88%–12.50%).
As of the fiscal period ended Saturday, November 1, 2025. 30.01% above its 12-month average of 4.12%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
4.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.34%
CURRENT VS TTM AVG
+30.01%
CURRENT VS 3Y AVG
+9.11%
CURRENT VS 5Y AVG
-17.74%
CURRENT VS 10Y AVG
+15.40%
CURRENT VS 15Y AVG
+6.69%
CURRENT VS 20Y AVG
+60.04%
SECTOR MEDIAN · TECHNOLOGY
8.05%
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
-33.58%
vs the sector median at left
Ciena Corporation
Market Cap
$58.38B
Return on Invested Capital (ROIC)
5.35%
TTM Avg
4.12%
3Y Avg
4.90%
5Y Avg
6.50%
Market Cap
$58.27B
Return on Invested Capital (ROIC)
8.02%
TTM Avg
7.76%
3Y Avg
11.85%
5Y Avg
12.05%
Market Cap
$59.30B
Return on Invested Capital (ROIC)
18.45%
TTM Avg
17.85%
3Y Avg
18.95%
5Y Avg
22.86%
Market Cap
$57.28B
Return on Invested Capital (ROIC)
12.40%
TTM Avg
0.21%
3Y Avg
-13.10%
5Y Avg
-13.10%
Market Cap
$59.96B
Return on Invested Capital (ROIC)
16.65%
TTM Avg
16.46%
3Y Avg
15.58%
5Y Avg
15.92%
Market Cap
$60.45B
Return on Invested Capital (ROIC)
11.03%
TTM Avg
11.97%
3Y Avg
13.63%
5Y Avg
0.71%
Market Cap
$62.72B
Return on Invested Capital (ROIC)
8.82%
TTM Avg
11.73%
3Y Avg
12.72%
5Y Avg
13.02%
Market Cap
$52.92B
Return on Invested Capital (ROIC)
9.30%
TTM Avg
10.31%
3Y Avg
10.05%
5Y Avg
9.40%
Market Cap
$52.59B
Return on Invested Capital (ROIC)
18.74%
TTM Avg
18.48%
3Y Avg
17.13%
5Y Avg
15.78%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ciena Corporation (CIEN) | $58.38B | 5.35% | 4.12% | 4.90% | 6.50% |
| Keysight Technologies, Inc. (KEYS)vs › | $58.27B | 8.02% | 7.76% | 11.85% | 12.05% |
| Teradyne, Inc. (TER)vs › | $59.30B | 18.45% | 17.85% | 18.95% | 22.86% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $57.28B | 12.40% | 0.21% | -13.10% | -13.10% |
| Garmin Ltd. (GRMN)vs › | $59.96B | 16.65% | 16.46% | 15.58% | 15.92% |
| NXP Semiconductors N.V. (NXPI)vs › | $60.45B | 11.03% | 11.97% | 13.63% | 0.71% |
| TE Connectivity plc (TEL)vs › | $62.72B | 8.82% | 11.73% | 12.72% | 13.02% |
| Electronic Arts Inc. (EA)vs › | $52.92B | 9.30% | 10.31% | 10.05% | 9.40% |
| Autodesk, Inc. (ADSK)vs › | $52.59B | 18.74% | 18.48% | 17.13% | 15.78% |
| STMicroelectronics N.V. (STM)vs › | $50.07B | 0.67% | 3.50% | 12.61% | 12.68% |
ROIC
5.3%
ROE
15.2%
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) |
|---|---|
| 2025-11-01 | 5.35% |
| 2024-11-02 | 2.88% |
| 2023-10-28 | 6.48% |
| 2022-10-29 | 5.31% |
| 2021-10-30 | 12.50% |
| 2020-10-31 | 11.23% |
| 2019-10-31 | 9.21% |
| 2018-10-31 | -19.13% |
| 2017-10-31 | 6.62% |
| 2016-10-31 | 5.91% |
| 2015-10-31 | 2.45% |
| 2014-10-31 | 3.13% |
| 2013-10-31 | -0.15% |
| 2012-10-31 | -5.73% |
| 2011-10-31 | -11.03% |
| 2010-10-31 | -19.61% |
| 2009-10-31 | -44.41% |
| 2008-10-31 | 1.11% |
| 2007-10-31 | 2.12% |
| 2006-10-31 | -0.56% |
| 2005-10-31 | -28.92% |
| 2004-10-31 | -39.03% |
| 2003-10-31 | -16.72% |
| 2002-10-31 | -58.71% |
| 2001-10-31 | -56.78% |
| 2000-10-31 | 7.85% |
| 1999-10-31 | -0.78% |
| 1998-10-31 | 13.82% |
| 1997-10-31 | 29.52% |
