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 11.16% is 64% above its 5-year average of 6.82%, near the high end of its 5-year range (-1.60%–12.23%).
As of the fiscal period ended Saturday, June 27, 2026. 81.56% above its 12-month average of 6.15%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-27): 11.16%.
RETURN ON INVESTED CAPITAL (ROIC)
11.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.82%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-0.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-4.16%
CURRENT VS TTM AVG
+81.56%
CURRENT VS 3Y AVG
+85.94%
CURRENT VS 5Y AVG
+63.76%
CURRENT VS 10Y AVG
+68.62%
CURRENT VS 15Y AVG
+1815.02%
CURRENT VS 20Y AVG
+368.06%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+36.63%
vs the sector median at left
FormFactor, Inc.
Market Cap
$8.74B
Return on Invested Capital (ROIC)
11.16%
TTM Avg
6.15%
3Y Avg
6.00%
5Y Avg
6.82%
Market Cap
$8.68B
Return on Invested Capital (ROIC)
-1.37%
TTM Avg
-2.59%
3Y Avg
-9.00%
5Y Avg
-12.88%
Market Cap
$8.90B
Return on Invested Capital (ROIC)
14.77%
TTM Avg
9.14%
3Y Avg
11.24%
5Y Avg
15.36%
Market Cap
$8.94B
Return on Invested Capital (ROIC)
16.87%
TTM Avg
23.00%
3Y Avg
16.70%
5Y Avg
12.52%
Market Cap
$8.29B
Return on Invested Capital (ROIC)
-3.49%
TTM Avg
-11.35%
3Y Avg
-13.11%
5Y Avg
-12.97%
Market Cap
$9.23B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
3.17%
3Y Avg
2.83%
5Y Avg
3.75%
Market Cap
$9.26B
Return on Invested Capital (ROIC)
14.56%
TTM Avg
13.93%
3Y Avg
11.15%
5Y Avg
7.19%
Market Cap
$7.99B
Return on Invested Capital (ROIC)
-9.02%
TTM Avg
-11.64%
3Y Avg
-19.22%
5Y Avg
-30.49%
Market Cap
$9.74B
Return on Invested Capital (ROIC)
23.60%
TTM Avg
21.75%
3Y Avg
20.25%
5Y Avg
18.82%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FormFactor, Inc. (FORM) | $8.74B | 11.16% | 6.15% | 6.00% | 6.82% |
| Elastic N.V. (ESTC)vs › | $8.68B | -1.37% | -2.59% | -9.00% | -12.88% |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.90B | 14.77% | 9.14% | 11.24% | 15.36% |
| InterDigital, Inc. (IDCC)vs › | $8.94B | 16.87% | 23.00% | 16.70% | 12.52% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.29B | -3.49% | -11.35% | -13.11% | -12.97% |
| Viavi Solutions Inc. (VIAV)vs › | $9.23B | 2.53% | 3.17% | 2.83% | 3.75% |
| Rambus Inc. (RMBS)vs › | $9.26B | 14.56% | 13.93% | 11.15% | 7.19% |
| GitLab Inc. (GTLB)vs › | $7.99B | -9.02% | -11.64% | -19.22% | -30.49% |
| Paycom Software, Inc. (PAYC)vs › | $9.74B | 23.60% | 21.75% | 20.25% | 18.82% |
| Paylocity Holding Corporation (PCTY)vs › | $7.65B | 18.36% | 16.70% | 16.39% | 14.74% |
ROIC
11.2%
ROE
10.4%
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) |
|---|---|
| 2026-06-27 | 11.16% |
| 2026-03-28 | 8.03% |
| 2025-12-27 | 4.76% |
| 2025-09-27 | 3.27% |
| 2025-06-28 | 3.52% |
| 2025-03-29 | 4.19% |
| 2024-12-31 | 5.59% |
| 2024-09-28 | 12.23% |
| 2024-06-29 | 10.96% |
| 2024-03-30 | 9.57% |
| 2023-12-31 | 7.82% |
| 2023-09-30 | -1.60% |
| 2023-07-01 | -1.46% |
| 2023-04-01 | 2.06% |
| 2022-12-31 | 5.55% |
| 2022-09-24 | 10.20% |
| 2022-06-25 | 11.87% |
| 2022-03-26 | 10.23% |
| 2021-12-31 | 9.48% |
| 2021-09-25 | 8.88% |
| 2021-06-26 | 9.25% |
| 2021-03-27 | 9.53% |
| 2020-12-31 | 9.44% |
| 2020-09-26 | 9.71% |
| 2020-06-27 | 7.91% |
| 2020-03-28 | 6.28% |
| 2019-12-31 | 5.13% |
| 2019-09-28 | 5.36% |
| 2019-06-29 | 5.44% |
| 2019-03-30 | 5.76% |
| 2018-12-31 | 5.51% |
| 2018-09-29 | 4.76% |
| 2018-06-30 | 5.67% |
| 2018-03-31 | 7.17% |
| 2017-12-31 | 7.83% |
| 2017-09-30 | 4.06% |
| 2017-07-01 | -0.19% |
| 2017-04-01 | -4.90% |
| 2016-12-31 | -8.73% |
| 2016-09-24 | -5.94% |
| 2016-06-25 | -4.17% |
| 2016-03-26 | -5.84% |
| 2015-12-31 | -1.37% |
| 2015-09-26 | -2.23% |
| 2015-06-27 | -1.27% |
| 2015-03-28 | -2.92% |
| 2014-12-31 | -6.94% |
| 2014-09-27 | -12.11% |
| 2014-06-28 | -15.82% |
| 2014-03-29 | -17.22% |
| 2013-12-31 | -19.41% |
| 2013-09-28 | -20.21% |
| 2013-06-29 | -20.98% |
| 2013-03-30 | -20.01% |
| 2012-12-31 | -18.29% |
| 2012-09-29 | -20.47% |
| 2012-06-30 | -18.50% |
| 2012-03-31 | -19.65% |
| 2011-12-31 | -19.85% |
| 2011-09-24 | -17.16% |
| 2011-06-25 | -39.43% |
| 2011-03-26 | -44.62% |
| 2010-12-31 | -46.89% |
| 2010-09-25 | -47.27% |
| 2010-06-26 | -25.03% |
| 2010-03-27 | -23.60% |
| 2009-12-31 | -24.53% |
| 2009-09-26 | -25.42% |
| 2009-06-27 | -25.67% |
| 2009-03-28 | -22.98% |
| 2008-12-31 | -19.18% |
| 2008-09-27 | -9.32% |
| 2008-06-28 | -0.96% |
| 2008-03-29 | 3.08% |
| 2007-12-31 | 7.23% |
| 2007-09-29 | 7.95% |
| 2007-06-30 | 7.68% |
| 2007-03-31 | 7.66% |
| 2006-12-31 | 8.06% |
| 2006-09-30 | 7.54% |
| 2006-07-01 | 7.43% |
| 2006-04-01 | 6.29% |
| 2005-12-31 | 8.62% |
| 2005-09-24 | 7.18% |
| 2005-06-25 | 7.12% |
| 2005-03-26 | 8.14% |
| 2004-12-31 | 8.73% |
| 2004-09-25 | 9.04% |
| 2004-06-26 | 7.27% |
| 2004-03-27 | 5.09% |
| 2003-12-31 | 3.30% |
