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 3.00% is 65% below its 5-year average of 8.70%, near the low end of its 5-year range (1.32%–18.47%).
As of the fiscal period ended Tuesday, June 30, 2026. 57.78% above its 12-month average of 1.90%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 3.00%.
RETURN ON INVESTED CAPITAL (ROIC)
3.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
4.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.83%
CURRENT VS TTM AVG
+57.78%
CURRENT VS 3Y AVG
-29.67%
CURRENT VS 5Y AVG
-65.46%
CURRENT VS 10Y AVG
-59.31%
CURRENT VS 15Y AVG
-54.55%
CURRENT VS 20Y AVG
-56.00%
SECTOR MEDIAN · TECHNOLOGY
7.81%
median of 213 covered companies
CURRENT VS SECTOR MEDIAN
-61.53%
vs the sector median at left
Diodes Incorporated
Market Cap
$4.83B
Return on Invested Capital (ROIC)
3.00%
TTM Avg
1.90%
3Y Avg
4.27%
5Y Avg
8.70%
Market Cap
$4.76B
Return on Invested Capital (ROIC)
16.90%
TTM Avg
9.79%
3Y Avg
8.61%
5Y Avg
4.21%
Market Cap
$4.71B
Return on Invested Capital (ROIC)
-1.54%
TTM Avg
-6.53%
3Y Avg
-14.42%
5Y Avg
-15.62%
Market Cap
$4.66B
Return on Invested Capital (ROIC)
42.50%
TTM Avg
27.09%
3Y Avg
-2.17%
5Y Avg
-2.38%
Market Cap
$5.06B
Return on Invested Capital (ROIC)
-17.89%
TTM Avg
-19.02%
3Y Avg
-36.50%
5Y Avg
-49.50%
Market Cap
$4.55B
Return on Invested Capital (ROIC)
6.58%
TTM Avg
12.52%
3Y Avg
18.35%
5Y Avg
16.71%
Market Cap
$5.31B
Return on Invested Capital (ROIC)
10.22%
TTM Avg
-0.19%
3Y Avg
-2.19%
5Y Avg
10.91%
Market Cap
$4.35B
Return on Invested Capital (ROIC)
0.32%
TTM Avg
-0.40%
3Y Avg
-2.28%
5Y Avg
-2.93%
Market Cap
$5.32B
Return on Invested Capital (ROIC)
-5.89%
TTM Avg
-7.82%
3Y Avg
-83.52%
5Y Avg
-55.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diodes Incorporated (DIOD) | $4.83B | 3.00% | 1.90% | 4.27% | 8.70% |
| Box, Inc. (BOX)vs › | $4.76B | 16.90% | 9.79% | 8.61% | 4.21% |
| Klaviyo, Inc. (KVYO)vs › | $4.71B | -1.54% | -6.53% | -14.42% | -15.62% |
| Dave Inc. (DAVE)vs › | $4.66B | 42.50% | 27.09% | -2.17% | -2.38% |
| Rigetti Computing, Inc. (RGTI)vs › | $5.06B | -17.89% | -19.02% | -36.50% | -49.50% |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.55B | 6.58% | 12.52% | 18.35% | 16.71% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.31B | 10.22% | -0.19% | -2.19% | 10.91% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.35B | 0.32% | -0.40% | -2.28% | -2.93% |
| Core Scientific, Inc. (CORZ)vs › | $5.32B | -5.89% | -7.82% | -83.52% | -55.34% |
| AXT, Inc. (AXTI)vs › | $4.34B | 0.23% | -5.08% | -3.35% | -1.38% |
ROIC
3.0%
ROE
4.4%
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 | 3.00% |
| 2026-03-31 | 2.09% |
| 2025-12-31 | 1.39% |
| 2025-09-30 | 1.32% |
| 2025-06-30 | 1.71% |
| 2025-03-31 | 1.52% |
| 2024-12-31 | 2.00% |
| 2024-09-30 | 2.40% |
| 2024-06-30 | 3.76% |
| 2024-03-31 | 7.29% |
| 2023-12-31 | 10.30% |
| 2023-09-30 | 14.46% |
| 2023-06-30 | 16.85% |
| 2023-03-31 | 17.80% |
| 2022-12-31 | 18.47% |
| 2022-09-30 | 15.98% |
| 2022-06-30 | 15.16% |
| 2022-03-31 | 14.01% |
| 2021-12-31 | 11.77% |
| 2021-09-30 | 11.62% |
| 2021-06-30 | 9.74% |
| 2021-03-31 | 7.79% |
| 2020-12-31 | 6.79% |
| 2020-09-30 | 7.04% |
| 2020-06-30 | 7.90% |
| 2020-03-31 | 10.35% |
| 2019-12-31 | 11.14% |
| 2019-09-30 | 10.13% |
| 2019-06-30 | 9.54% |
| 2019-03-31 | 8.69% |
| 2018-12-31 | 8.29% |
| 2018-09-30 | 5.93% |
| 2018-06-30 | 5.02% |
| 2018-03-31 | 4.28% |
| 2017-12-31 | 3.50% |
| 2017-09-30 | 3.38% |
| 2017-06-30 | 3.05% |
| 2017-03-31 | 2.47% |
| 2016-12-31 | 2.07% |
| 2016-09-30 | 1.78% |
| 2016-06-30 | 0.95% |
| 2016-03-31 | 1.50% |
| 2015-12-31 | 2.29% |
| 2015-09-30 | 4.74% |
| 2015-06-30 | 6.23% |
| 2015-03-31 | 6.42% |
| 2014-12-31 | 6.26% |
| 2014-09-30 | 5.18% |
| 2014-06-30 | 4.88% |
| 2014-03-31 | 4.14% |
| 2013-12-31 | 2.61% |
| 2013-09-30 | 2.32% |
| 2013-06-30 | 1.58% |
| 2013-03-31 | 1.47% |
| 2012-12-31 | 2.58% |
| 2012-09-30 | 3.04% |
| 2012-06-30 | 4.00% |
| 2012-03-31 | 5.70% |
| 2011-12-31 | 8.75% |
| 2011-09-30 | 12.46% |
| 2011-06-30 | 14.31% |
| 2011-03-31 | 14.86% |
| 2010-12-31 | 11.86% |
| 2010-09-30 | 11.12% |
| 2010-06-30 | 9.90% |
| 2010-03-31 | 5.07% |
| 2009-12-31 | 2.18% |
| 2009-09-30 | 0.36% |
| 2009-06-30 | -0.44% |
| 2009-03-31 | 0.54% |
| 2008-12-31 | 2.94% |
| 2008-09-30 | 5.20% |
| 2008-06-30 | 6.70% |
| 2008-03-31 | 8.29% |
| 2007-12-31 | 8.43% |
| 2007-09-30 | 8.09% |
| 2007-06-30 | 8.34% |
| 2007-03-31 | 8.73% |
| 2006-12-31 | 8.58% |
| 2006-09-30 | 15.00% |
| 2006-06-30 | 14.14% |
| 2006-03-31 | 13.80% |
| 2005-12-31 | 13.94% |
| 2005-09-30 | 15.20% |
| 2005-06-30 | 21.81% |
| 2005-03-31 | 21.80% |
| 2004-12-31 | 20.03% |
| 2004-09-30 | 19.21% |
| 2004-06-30 | 16.72% |
| 2004-03-31 | 14.21% |
| 2003-12-31 | 11.41% |
| 2003-09-30 | 10.57% |
| 2003-06-30 | 10.31% |