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 20.64% is 56% above its 5-year average of 13.26%, near the high end of its 5-year range (6.12%–20.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.57% above its 12-month average of 19.01%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 20.64%.
RETURN ON INVESTED CAPITAL (ROIC)
20.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
19.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
15.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
13.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+8.57%
CURRENT VS 3Y AVG
+30.30%
CURRENT VS 5Y AVG
+55.72%
CURRENT VS 10Y AVG
+142.70%
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
+152.67%
vs the sector median at left
GoDaddy Inc.
Market Cap
$13.01B
Return on Invested Capital (ROIC)
20.64%
TTM Avg
19.01%
3Y Avg
15.84%
5Y Avg
13.26%
Market Cap
$12.75B
Return on Invested Capital (ROIC)
15.17%
TTM Avg
10.65%
3Y Avg
4.36%
5Y Avg
-0.27%
Market Cap
$12.59B
Return on Invested Capital (ROIC)
2.70%
TTM Avg
0.52%
3Y Avg
-5.02%
5Y Avg
-10.45%
Market Cap
$13.54B
Return on Invested Capital (ROIC)
4.30%
TTM Avg
6.39%
3Y Avg
9.12%
5Y Avg
12.52%
Market Cap
$13.56B
Return on Invested Capital (ROIC)
6.13%
TTM Avg
6.32%
3Y Avg
5.63%
5Y Avg
6.03%
Market Cap
$13.56B
Return on Invested Capital (ROIC)
7.31%
TTM Avg
6.11%
3Y Avg
8.46%
5Y Avg
9.85%
Market Cap
$13.82B
Return on Invested Capital (ROIC)
9.25%
TTM Avg
5.47%
3Y Avg
5.23%
5Y Avg
6.08%
Market Cap
$12.07B
Return on Invested Capital (ROIC)
90.92%
TTM Avg
58.33%
3Y Avg
55.49%
5Y Avg
48.77%
Market Cap
$14.00B
Return on Invested Capital (ROIC)
13.93%
TTM Avg
17.05%
3Y Avg
18.54%
5Y Avg
18.52%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GoDaddy Inc. (GDDY) | $13.01B | 20.64% | 19.01% | 15.84% | 13.26% |
| DocuSign, Inc. (DOCU)vs › | $12.75B | 15.17% | 10.65% | 4.36% | -0.27% |
| Grab Holdings Limited (GRAB)vs › | $12.59B | 2.70% | 0.52% | -5.02% | -10.45% |
| Skyworks Solutions, Inc. (SWKS)vs › | $13.54B | 4.30% | 6.39% | 9.12% | 12.52% |
| Tyler Technologies, Inc. (TYL)vs › | $13.56B | 6.13% | 6.32% | 5.63% | 6.03% |
| Amkor Technology, Inc. (AMKR)vs › | $13.56B | 7.31% | 6.11% | 8.46% | 9.85% |
| Trimble Inc. (TRMB)vs › | $13.82B | 9.25% | 5.47% | 5.23% | 6.08% |
| Manhattan Associates, Inc. (MANH)vs › | $12.07B | 90.92% | 58.33% | 55.49% | 48.77% |
| Check Point Software Technologies Ltd. (CHKP)vs › | $14.00B | 13.93% | 17.05% | 18.54% | 18.52% |
| Gartner, Inc. (IT)vs › | $11.97B | 23.78% | 20.59% | 21.97% | 19.23% |
ROIC
20.6%
ROE
13586.6%
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 | 20.64% |
| 2026-03-31 | 18.91% |
| 2025-12-31 | 19.32% |
| 2025-09-30 | 18.84% |
| 2025-06-30 | 17.35% |
| 2025-03-31 | 17.12% |
| 2024-12-31 | 16.09% |
| 2024-09-30 | 15.83% |
| 2024-06-30 | 14.73% |
| 2024-03-31 | 12.37% |
| 2023-12-31 | 11.17% |
| 2023-09-30 | 12.72% |
| 2023-06-30 | 10.84% |
| 2023-03-31 | 10.20% |
| 2022-12-31 | 10.90% |
| 2022-09-30 | 10.41% |
| 2022-06-30 | 10.71% |
| 2022-03-31 | 9.62% |
| 2021-12-31 | 7.31% |
| 2021-09-30 | 7.19% |
| 2021-06-30 | 6.12% |
| 2021-03-31 | 5.03% |
| 2020-12-31 | 6.57% |
| 2020-09-30 | 6.34% |
| 2020-06-30 | 8.04% |
| 2020-03-31 | 6.12% |
| 2019-12-31 | 4.69% |
| 2019-09-30 | 4.05% |
| 2019-06-30 | 2.63% |
| 2019-03-31 | 3.22% |
| 2018-12-31 | 3.55% |
| 2018-09-30 | 3.15% |
| 2018-06-30 | 3.07% |
| 2018-03-31 | 2.18% |
| 2017-12-31 | 1.70% |
| 2017-09-30 | 1.56% |
| 2017-06-30 | 1.13% |
| 2017-03-31 | 2.12% |
| 2016-12-31 | 1.98% |
| 2016-09-30 | 1.79% |
| 2016-06-30 | 1.42% |
| 2016-03-31 | -0.36% |
| 2015-12-31 | -1.28% |
| 2015-09-30 | -1.94% |
| 2015-06-30 | -2.69% |
| 2015-03-31 | -2.11% |
| 2014-12-31 | -2.69% |
| 2014-09-30 | -4.76% |
| 2014-06-30 | -5.82% |
| 2014-03-31 | -5.71% |
| 2013-12-31 | -5.60% |
