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 5.70% is 248% above its 5-year average of -3.84%, near the high end of its 5-year range (-10.89%–5.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 437.46% above its 12-month average of 1.06%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 5.70%.
RETURN ON INVESTED CAPITAL (ROIC)
5.70%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-3.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-4.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+437.46%
CURRENT VS 3Y AVG
+279.38%
CURRENT VS 5Y AVG
+248.49%
CURRENT VS 10Y AVG
+215.95%
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
-30.20%
vs the sector median at left
HubSpot, Inc.
Market Cap
$12.61B
Return on Invested Capital (ROIC)
5.70%
TTM Avg
1.06%
3Y Avg
-3.18%
5Y Avg
-3.84%
Market Cap
$12.66B
Return on Invested Capital (ROIC)
3.42%
TTM Avg
5.19%
3Y Avg
6.67%
5Y Avg
7.82%
Market Cap
$12.26B
Return on Invested Capital (ROIC)
90.92%
TTM Avg
58.33%
3Y Avg
55.49%
5Y Avg
48.77%
Market Cap
$12.92B
Return on Invested Capital (ROIC)
23.78%
TTM Avg
20.59%
3Y Avg
21.97%
5Y Avg
19.23%
Market Cap
$12.06B
Return on Invested Capital (ROIC)
4.30%
TTM Avg
6.39%
3Y Avg
9.12%
5Y Avg
12.52%
Market Cap
$12.12B
Return on Invested Capital (ROIC)
2.70%
TTM Avg
0.52%
3Y Avg
-5.02%
5Y Avg
-10.45%
Market Cap
$13.12B
Return on Invested Capital (ROIC)
15.17%
TTM Avg
10.65%
3Y Avg
4.36%
5Y Avg
-0.27%
Market Cap
$11.95B
Return on Invested Capital (ROIC)
7.31%
TTM Avg
6.11%
3Y Avg
8.46%
5Y Avg
9.85%
Market Cap
$11.89B
Return on Invested Capital (ROIC)
18.77%
TTM Avg
17.83%
3Y Avg
16.55%
5Y Avg
16.46%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HubSpot, Inc. (HUBS) | $12.61B | 5.70% | 1.06% | -3.18% | -3.84% |
| Onto Innovation Inc. (ONTO)vs › | $12.66B | 3.42% | 5.19% | 6.67% | 7.82% |
| Manhattan Associates, Inc. (MANH)vs › | $12.26B | 90.92% | 58.33% | 55.49% | 48.77% |
| Gartner, Inc. (IT)vs › | $12.92B | 23.78% | 20.59% | 21.97% | 19.23% |
| Skyworks Solutions, Inc. (SWKS)vs › | $12.06B | 4.30% | 6.39% | 9.12% | 12.52% |
| Grab Holdings Limited (GRAB)vs › | $12.12B | 2.70% | 0.52% | -5.02% | -10.45% |
| DocuSign, Inc. (DOCU)vs › | $13.12B | 15.17% | 10.65% | 4.36% | -0.27% |
| Amkor Technology, Inc. (AMKR)vs › | $11.95B | 7.31% | 6.11% | 8.46% | 9.85% |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.89B | 18.77% | 17.83% | 16.55% | 16.46% |
| Trimble Inc. (TRMB)vs › | $13.69B | 9.25% | 5.47% | 5.23% | 6.08% |
ROIC
5.7%
ROE
8.9%
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 | 5.70% |
| 2026-03-31 | 2.35% |
| 2025-12-31 | 0.22% |
| 2025-09-30 | -1.30% |
| 2025-06-30 | -1.66% |
| 2025-03-31 | -1.47% |
| 2024-12-31 | -1.39% |
| 2024-09-30 | -1.77% |
| 2024-06-30 | -3.79% |
| 2024-03-31 | -8.16% |
| 2023-12-31 | -9.49% |
| 2023-09-30 | -9.68% |
| 2023-06-30 | -10.89% |
| 2023-03-31 | -7.69% |
| 2022-12-31 | -6.12% |
| 2022-09-30 | -6.38% |
| 2022-06-30 | -5.37% |
| 2022-03-31 | -3.16% |
| 2021-12-31 | -3.47% |
| 2021-09-30 | -3.53% |
| 2021-06-30 | -3.60% |
| 2021-03-31 | -3.45% |
| 2020-12-31 | -3.31% |
| 2020-09-30 | -3.42% |
| 2020-06-30 | -3.38% |
| 2020-03-31 | -4.13% |
| 2019-12-31 | -3.77% |
| 2019-09-30 | -3.90% |
| 2019-06-30 | -4.00% |
| 2019-03-31 | -4.17% |
| 2018-12-31 | -8.08% |
| 2018-09-30 | -8.68% |
| 2018-06-30 | -8.28% |
| 2018-03-31 | -7.89% |
| 2017-12-31 | -7.52% |
| 2017-09-30 | -8.47% |
| 2017-06-30 | -8.24% |
| 2017-03-31 | -30.65% |
| 2016-12-31 | -33.74% |
| 2016-09-30 | -31.09% |
| 2016-06-30 | -34.45% |
| 2016-03-31 | -34.74% |
| 2015-12-31 | -36.01% |
| 2015-09-30 | -43.14% |
| 2015-06-30 | -39.69% |
| 2015-03-31 | -35.19% |
| 2014-12-31 | -42.10% |
| 2014-09-30 | -411.00% |
| 2014-06-30 | -845.21% |
| 2014-03-31 | -691.97% |
| 2013-12-31 | -310.95% |
