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 1.31% is 54% below its 5-year average of 2.88%, near the low end of its 5-year range (0.93%–5.78%).
As of the fiscal period ended Monday, June 30, 2025. 16.96% above its 12-month average of 1.12%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
1.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
2.19%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.88%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
4.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.47%
CURRENT VS TTM AVG
+16.96%
CURRENT VS 3Y AVG
-40.18%
CURRENT VS 5Y AVG
-54.49%
CURRENT VS 10Y AVG
-71.79%
CURRENT VS 15Y AVG
-75.93%
CURRENT VS 20Y AVG
-82.45%
SECTOR MEDIAN · TECHNOLOGY
8.67%
median of 167 covered companies
CURRENT VS SECTOR MEDIAN
-84.89%
vs the sector median at left
Coherent, Inc.
Market Cap
$64.28B
Return on Invested Capital (ROIC)
1.31%
TTM Avg
1.12%
3Y Avg
2.19%
5Y Avg
2.88%
Market Cap
$63.84B
Return on Invested Capital (ROIC)
0.75%
TTM Avg
-4.54%
3Y Avg
-1.13%
5Y Avg
0.66%
Market Cap
$63.39B
Return on Invested Capital (ROIC)
8.82%
TTM Avg
11.73%
3Y Avg
12.72%
5Y Avg
13.02%
Market Cap
$59.71B
Return on Invested Capital (ROIC)
16.65%
TTM Avg
16.46%
3Y Avg
15.58%
5Y Avg
15.92%
Market Cap
$68.89B
Return on Invested Capital (ROIC)
15.30%
TTM Avg
15.76%
3Y Avg
18.62%
5Y Avg
17.70%
Market Cap
$59.59B
Return on Invested Capital (ROIC)
11.03%
TTM Avg
11.97%
3Y Avg
13.63%
5Y Avg
0.71%
Market Cap
$59.32B
Return on Invested Capital (ROIC)
18.45%
TTM Avg
17.85%
3Y Avg
18.95%
5Y Avg
22.86%
Market Cap
$58.74B
Return on Invested Capital (ROIC)
8.02%
TTM Avg
7.76%
3Y Avg
11.85%
5Y Avg
12.05%
Market Cap
$72.00B
Return on Invested Capital (ROIC)
-0.59%
TTM Avg
1.82%
3Y Avg
3.45%
5Y Avg
3.64%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coherent, Inc. (COHR) | $64.28B | 1.31% | 1.12% | 2.19% | 2.88% |
| Lumentum Holdings Inc. (LITE)vs › | $63.84B | 0.75% | -4.54% | -1.13% | 0.66% |
| TE Connectivity plc (TEL)vs › | $63.39B | 8.82% | 11.73% | 12.72% | 13.02% |
| Garmin Ltd. (GRMN)vs › | $59.71B | 16.65% | 16.46% | 15.58% | 15.92% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $68.89B | 15.30% | 15.76% | 18.62% | 17.70% |
| NXP Semiconductors N.V. (NXPI)vs › | $59.59B | 11.03% | 11.97% | 13.63% | 0.71% |
| Teradyne, Inc. (TER)vs › | $59.32B | 18.45% | 17.85% | 18.95% | 22.86% |
| Keysight Technologies, Inc. (KEYS)vs › | $58.74B | 8.02% | 7.76% | 11.85% | 12.05% |
| Hewlett Packard Enterprise Company (HPE)vs › | $72.00B | -0.59% | 1.82% | 3.45% | 3.64% |
| Ciena Corporation (CIEN)vs › | $54.84B | 5.35% | 4.12% | 4.90% | 6.50% |
ROIC
1.3%
ROE
4.4%
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) |
|---|---|
| 2025-06-30 | 1.31% |
| 2024-06-30 | 0.93% |
| 2023-06-30 | 1.60% |
| 2022-06-30 | 4.92% |
| 2021-06-30 | 5.78% |
| 2020-06-30 | 2.73% |
| 2019-06-30 | 7.27% |
| 2018-06-30 | 6.37% |
| 2017-06-30 | 7.06% |
| 2016-06-30 | 6.30% |
| 2015-06-30 | 6.82% |
| 2014-06-30 | 4.08% |
| 2013-06-30 | 7.04% |
| 2012-06-30 | 10.46% |
| 2011-06-30 | 14.39% |
| 2010-06-30 | 8.95% |
| 2009-06-30 | 11.61% |
| 2008-06-30 | 14.22% |
| 2007-06-30 | 14.90% |
| 2006-06-30 | 9.17% |
| 2005-06-30 | 10.87% |
| 2004-06-30 | 10.84% |
| 2003-06-30 | 8.76% |
| 2002-06-30 | 6.34% |
| 2001-06-30 | 9.14% |
| 2000-06-30 | 10.73% |
| 1999-06-30 | 8.82% |
| 1998-06-30 | 11.47% |
| 1997-06-30 | 14.70% |
| 1996-06-30 | 11.12% |
