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 29.75% is 126% above its 5-year average of 13.14%, near the high end of its 5-year range (5.18%–29.75%).
As of the fiscal period ended Tuesday, June 30, 2026. 21.00% above its 12-month average of 24.59%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 29.75%.
RETURN ON INVESTED CAPITAL (ROIC)
29.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
24.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
13.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
7.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.11%
CURRENT VS TTM AVG
+21.00%
CURRENT VS 3Y AVG
+70.40%
CURRENT VS 5Y AVG
+126.35%
CURRENT VS 10Y AVG
+284.93%
CURRENT VS 15Y AVG
+289.41%
CURRENT VS 20Y AVG
+318.53%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+264.16%
vs the sector median at left
Celestica Inc.
Market Cap
$38.25B
Return on Invested Capital (ROIC)
29.75%
TTM Avg
24.59%
3Y Avg
17.46%
5Y Avg
13.14%
Market Cap
$38.42B
Return on Invested Capital (ROIC)
-2.34%
TTM Avg
-6.30%
3Y Avg
-8.21%
5Y Avg
-1.47%
Market Cap
$38.81B
Return on Invested Capital (ROIC)
21.27%
TTM Avg
18.05%
3Y Avg
16.87%
5Y Avg
16.06%
Market Cap
$37.62B
Return on Invested Capital (ROIC)
6.01%
TTM Avg
5.56%
3Y Avg
5.30%
5Y Avg
5.10%
Market Cap
$37.01B
Return on Invested Capital (ROIC)
3.06%
TTM Avg
0.38%
3Y Avg
-2.90%
5Y Avg
-4.08%
Market Cap
$39.79B
Return on Invested Capital (ROIC)
5.01%
TTM Avg
2.13%
3Y Avg
8.76%
5Y Avg
8.73%
Market Cap
$35.68B
Return on Invested Capital (ROIC)
61.23%
TTM Avg
67.38%
3Y Avg
55.51%
5Y Avg
65.21%
Market Cap
$34.54B
Return on Invested Capital (ROIC)
6.72%
TTM Avg
2.99%
3Y Avg
2.59%
5Y Avg
1.17%
Market Cap
$42.27B
Return on Invested Capital (ROIC)
10.40%
TTM Avg
9.27%
3Y Avg
9.56%
5Y Avg
11.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Celestica Inc. (CLS) | $38.25B | 29.75% | 24.59% | 17.46% | 13.14% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $38.42B | -2.34% | -6.30% | -8.21% | -1.47% |
| NetApp, Inc. (NTAP)vs › | $38.81B | 21.27% | 18.05% | 16.87% | 16.06% |
| Roper Technologies, Inc. (ROP)vs › | $37.62B | 6.01% | 5.56% | 5.30% | 5.10% |
| Twilio Inc. (TWLO)vs › | $37.01B | 3.06% | 0.38% | -2.90% | -4.08% |
| Microchip Technology Incorporated (MCHP)vs › | $39.79B | 5.01% | 2.13% | 8.76% | 8.73% |
| Ubiquiti Inc. (UI)vs › | $35.68B | 61.23% | 67.38% | 55.51% | 65.21% |
| Everpure, Inc. (P)vs › | $34.54B | 6.72% | 2.99% | 2.59% | 1.17% |
| Veeva Systems Inc. (VEEV)vs › | $42.27B | 10.40% | 9.27% | 9.56% | 11.34% |
| Roblox Corporation (RBLX)vs › | $34.16B | -27.89% | -29.00% | -32.58% | -32.33% |
ROIC
29.8%
ROE
45.1%
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 | 29.75% |
| 2026-03-31 | 28.77% |
| 2025-12-31 | 23.93% |
| 2025-09-30 | 20.97% |
| 2025-06-30 | 19.51% |
| 2025-03-31 | 16.45% |
| 2024-12-31 | 15.82% |
| 2024-09-30 | 14.10% |
| 2024-06-30 | 14.04% |
| 2024-03-31 | 13.75% |
| 2023-12-31 | 11.38% |
| 2023-09-30 | 9.82% |
| 2023-06-30 | 8.68% |
| 2023-03-31 | 7.67% |
| 2022-12-31 | 7.27% |
| 2022-09-30 | 6.70% |
| 2022-06-30 | 6.08% |
| 2022-03-31 | 5.63% |
| 2021-12-31 | 5.27% |
| 2021-09-30 | 5.25% |
| 2021-06-30 | 5.18% |
| 2021-03-31 | 4.63% |
| 2020-12-31 | 3.99% |
| 2020-09-30 | 2.64% |
| 2020-06-30 | 1.90% |
| 2020-03-31 | 1.39% |
| 2019-12-31 | 4.80% |
| 2019-09-30 | 7.68% |
| 2019-06-30 | 7.78% |
| 2019-03-31 | 8.19% |
| 2018-12-31 | 4.78% |
| 2018-09-30 | 3.50% |
| 2018-06-30 | 4.97% |
| 2018-03-31 | 6.27% |
| 2017-12-31 | 6.63% |
| 2017-09-30 | 6.70% |
| 2017-06-30 | 7.65% |
| 2017-03-31 | 7.95% |
| 2016-12-31 | 8.20% |
| 2016-09-30 | 8.02% |
| 2016-06-30 | 5.71% |
| 2016-03-31 | 4.99% |
| 2015-12-31 | 4.69% |
| 2015-09-30 | 3.50% |
| 2015-06-30 | 5.08% |
| 2015-03-31 | 6.06% |
| 2014-12-31 | 7.25% |
| 2014-09-30 | 8.62% |
| 2014-06-30 | 10.05% |
| 2014-03-31 | 9.48% |
| 2013-12-31 | 7.89% |
| 2013-09-30 | 6.89% |
| 2013-06-30 | 5.53% |
| 2013-03-31 | 5.62% |
| 2012-12-31 | 7.62% |
| 2012-09-30 | 9.99% |
| 2012-06-30 | 11.77% |
| 2012-03-31 | 13.01% |
| 2011-12-31 | 12.35% |
| 2011-09-30 | 11.52% |
| 2011-06-30 | 9.48% |
| 2011-03-31 | 7.54% |
| 2010-12-31 | 7.54% |
| 2010-09-30 | 7.94% |
| 2010-06-30 | 6.50% |
| 2010-03-31 | 8.30% |
| 2009-12-31 | 7.83% |
| 2009-09-30 | 6.36% |
| 2009-06-30 | 9.40% |
| 2009-03-31 | 10.13% |
| 2008-12-31 | 9.83% |
| 2008-09-30 | 5.56% |
| 2008-06-30 | 5.94% |
| 2008-03-31 | 4.89% |
| 2007-12-31 | 3.42% |
| 2007-09-30 | 2.27% |
| 2007-06-30 | 2.81% |
| 2007-03-31 | 3.15% |
| 2006-12-31 | 4.00% |
| 2006-09-30 | 4.68% |
| 2006-06-30 | 3.69% |
| 2006-03-31 | 3.53% |
| 2005-12-31 | 4.03% |
| 2005-09-30 | 0.89% |
| 2005-06-30 | 0.30% |
| 2005-03-31 | 0.51% |
| 2004-12-31 | -1.00% |
| 2004-09-30 | -2.35% |
| 2004-06-30 | -4.24% |
| 2004-03-31 | -6.27% |
| 2003-12-31 | -6.55% |
| 2003-09-30 | -16.87% |
| 2003-06-30 | -17.18% |
