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 5.60% is in line with its 5-year average of 5.77%, around the middle of its 5-year range (2.52%–7.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.40% below its 12-month average of 6.11%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
5.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
5.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-8.40%
CURRENT VS 3Y AVG
-5.62%
CURRENT VS 5Y AVG
-2.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-31.47%
vs the sector median at left
Dynatrace, Inc.
Market Cap
$14.69B
Return on Invested Capital (ROIC)
5.60%
TTM Avg
6.11%
3Y Avg
5.93%
5Y Avg
5.77%
Market Cap
$14.34B
Return on Invested Capital (ROIC)
-15.57%
TTM Avg
-29.55%
3Y Avg
-26.12%
5Y Avg
-22.91%
Market Cap
$15.16B
Return on Invested Capital (ROIC)
15.72%
TTM Avg
15.37%
3Y Avg
15.36%
5Y Avg
15.31%
Market Cap
$14.06B
Return on Invested Capital (ROIC)
6.13%
TTM Avg
6.32%
3Y Avg
5.63%
5Y Avg
6.03%
Market Cap
$15.39B
Return on Invested Capital (ROIC)
17.18%
TTM Avg
11.75%
3Y Avg
9.97%
5Y Avg
9.61%
Market Cap
$14.02B
Return on Invested Capital (ROIC)
3.42%
TTM Avg
5.19%
3Y Avg
6.67%
5Y Avg
7.82%
Market Cap
$13.78B
Return on Invested Capital (ROIC)
13.93%
TTM Avg
17.05%
3Y Avg
18.54%
5Y Avg
18.52%
Market Cap
$13.51B
Return on Invested Capital (ROIC)
9.25%
TTM Avg
5.47%
3Y Avg
5.23%
5Y Avg
6.08%
Market Cap
$16.01B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
4.61%
3Y Avg
5.60%
5Y Avg
6.80%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dynatrace, Inc. (DT) | $14.69B | 5.60% | 6.11% | 5.93% | 5.77% |
| IonQ, Inc. (IONQ)vs › | $14.34B | -15.57% | -29.55% | -26.12% | -22.91% |
| Fabrinet (FN)vs › | $15.16B | 15.72% | 15.37% | 15.36% | 15.31% |
| Tyler Technologies, Inc. (TYL)vs › | $14.06B | 6.13% | 6.32% | 5.63% | 6.03% |
| PTC Inc. (PTC)vs › | $15.39B | 17.18% | 11.75% | 9.97% | 9.61% |
| Onto Innovation Inc. (ONTO)vs › | $14.02B | 3.42% | 5.19% | 6.67% | 7.82% |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.78B | 13.93% | 17.05% | 18.54% | 18.52% |
| Trimble Inc. (TRMB)vs › | $13.51B | 9.25% | 5.47% | 5.23% | 6.08% |
| Akamai Technologies, Inc. (AKAM)vs › | $16.01B | 3.03% | 4.61% | 5.60% | 6.80% |
| Leidos Holdings, Inc. (LDOS)vs › | $16.40B | 14.42% | 14.43% | 10.79% | 9.81% |
ROIC
5.6%
ROE
6.2%
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 | 5.60% |
| 2026-03-31 | 5.10% |
| 2025-12-31 | 5.13% |
| 2025-09-30 | 7.72% |
| 2025-06-30 | 7.01% |
| 2025-03-31 | 6.50% |
| 2024-12-31 | 5.94% |
| 2024-09-30 | 5.78% |
| 2024-06-30 | 5.76% |
| 2024-03-31 | 5.96% |
| 2023-12-31 | 6.11% |
| 2023-09-30 | 6.38% |
| 2023-06-30 | 5.91% |
| 2023-03-31 | 5.37% |
| 2022-12-31 | 3.16% |
| 2022-09-30 | 2.52% |
| 2022-06-30 | 2.92% |
| 2022-03-31 | 3.55% |
| 2021-12-31 | 5.02% |
| 2021-09-30 | 5.30% |
| 2021-06-30 | 5.41% |
| 2021-03-31 | 5.56% |
| 2020-12-31 | 4.89% |
| 2020-09-30 | 3.90% |
| 2020-06-30 | -7.15% |
| 2020-03-31 | -11.05% |
| 2019-12-31 | -13.23% |
| 2019-09-30 | -13.84% |
| 2019-06-30 | -6.02% |
| 2019-03-31 | -4.96% |
| 2018-12-31 | -3.80% |
| 2018-03-31 | -1.02% |
