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 16.87% is 18% above its 5-year average of 14.32%, around the middle of its 5-year range (2.17%–27.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.64% below its 12-month average of 23.00%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 16.87%.
RETURN ON INVESTED CAPITAL (ROIC)
16.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
23.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
19.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.32%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
12.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
12.37%
CURRENT VS TTM AVG
-26.64%
CURRENT VS 3Y AVG
-12.87%
CURRENT VS 5Y AVG
+17.81%
CURRENT VS 10Y AVG
+41.18%
CURRENT VS 15Y AVG
+33.67%
CURRENT VS 20Y AVG
+36.42%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+106.50%
vs the sector median at left
InterDigital, Inc.
Market Cap
$9.04B
Return on Invested Capital (ROIC)
16.87%
TTM Avg
23.00%
3Y Avg
19.36%
5Y Avg
14.32%
Market Cap
$8.96B
Return on Invested Capital (ROIC)
11.16%
TTM Avg
5.13%
3Y Avg
5.92%
5Y Avg
7.10%
Market Cap
$8.67B
Return on Invested Capital (ROIC)
-1.37%
TTM Avg
-2.59%
3Y Avg
-9.00%
5Y Avg
-12.88%
Market Cap
$9.43B
Return on Invested Capital (ROIC)
14.56%
TTM Avg
13.93%
3Y Avg
11.15%
5Y Avg
7.19%
Market Cap
$9.55B
Return on Invested Capital (ROIC)
14.77%
TTM Avg
9.14%
3Y Avg
11.24%
5Y Avg
15.36%
Market Cap
$9.56B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
3.17%
3Y Avg
2.83%
5Y Avg
3.75%
Market Cap
$8.45B
Return on Invested Capital (ROIC)
-3.49%
TTM Avg
-11.35%
3Y Avg
-13.11%
5Y Avg
-12.97%
Market Cap
$9.87B
Return on Invested Capital (ROIC)
23.60%
TTM Avg
21.75%
3Y Avg
20.25%
5Y Avg
18.82%
Market Cap
$7.94B
Return on Invested Capital (ROIC)
-9.02%
TTM Avg
-11.64%
3Y Avg
-19.22%
5Y Avg
-30.49%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| InterDigital, Inc. (IDCC) | $9.04B | 16.87% | 23.00% | 19.36% | 14.32% |
| FormFactor, Inc. (FORM)vs › | $8.96B | 11.16% | 5.13% | 5.92% | 7.10% |
| Elastic N.V. (ESTC)vs › | $8.67B | -1.37% | -2.59% | -9.00% | -12.88% |
| Rambus Inc. (RMBS)vs › | $9.43B | 14.56% | 13.93% | 11.15% | 7.19% |
| Silicon Motion Technology Corporation (SIMO)vs › | $9.55B | 14.77% | 9.14% | 11.24% | 15.36% |
| Viavi Solutions Inc. (VIAV)vs › | $9.56B | 2.53% | 3.17% | 2.83% | 3.75% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.45B | -3.49% | -11.35% | -13.11% | -12.97% |
| Paycom Software, Inc. (PAYC)vs › | $9.87B | 23.60% | 21.75% | 20.25% | 18.82% |
| GitLab Inc. (GTLB)vs › | $7.94B | -9.02% | -11.64% | -19.22% | -30.49% |
| Applied Digital Corp. (APLD)vs › | $7.61B | -2.21% | -4.08% | -10.55% | -11.25% |
ROIC
16.9%
ROE
25.1%
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 | 16.87% |
| 2026-03-31 | 21.12% |
| 2025-12-31 | 22.55% |
| 2025-09-30 | 27.60% |
| 2025-06-30 | 26.85% |
| 2025-03-31 | 24.71% |
| 2024-12-31 | 23.44% |
| 2024-09-30 | 17.62% |
| 2024-06-30 | 19.52% |
| 2024-03-31 | 12.21% |
| 2023-12-31 | 13.58% |
| 2023-09-30 | 13.15% |
| 2023-06-30 | 12.51% |
| 2023-03-31 | 13.31% |
| 2022-12-31 | 7.22% |
| 2022-09-30 | 6.30% |
| 2022-06-30 | 7.73% |
| 2022-03-31 | 5.14% |
| 2021-12-31 | 4.14% |
| 2021-09-30 | 2.99% |
| 2021-06-30 | 2.17% |
| 2021-03-31 | 4.77% |
| 2020-12-31 | 4.17% |
| 2020-09-30 | 5.62% |
| 2020-06-30 | 3.36% |
| 2020-03-31 | 1.83% |
| 2019-12-31 | 1.55% |
| 2019-09-30 | 1.02% |
| 2019-06-30 | 1.83% |
| 2019-03-31 | 2.42% |
| 2018-12-31 | 4.33% |
| 2018-09-30 | 8.50% |
| 2018-06-30 | 8.96% |
| 2018-03-31 | 11.60% |
| 2017-12-31 | 11.91% |
| 2017-09-30 | 17.55% |
| 2017-06-30 | 22.76% |
| 2017-03-31 | 22.00% |
| 2016-12-31 | 24.29% |
| 2016-09-30 | 17.92% |
| 2016-06-30 | 12.82% |
| 2016-03-31 | 12.19% |
| 2015-12-31 | 10.30% |
| 2015-09-30 | 8.96% |
| 2015-06-30 | 7.79% |
| 2015-03-31 | 11.09% |
| 2014-12-31 | 11.28% |
| 2014-09-30 | 10.92% |
| 2014-06-30 | 11.05% |
| 2014-03-31 | 5.74% |
| 2013-12-31 | 4.98% |
| 2013-09-30 | 4.56% |
| 2013-06-30 | 25.79% |
| 2013-03-31 | 30.52% |
| 2012-12-31 | 31.54% |
| 2012-09-30 | 34.21% |
| 2012-06-30 | 11.20% |
| 2012-03-31 | 10.85% |
| 2011-12-31 | 11.74% |
| 2011-09-30 | 12.38% |
| 2011-06-30 | 12.84% |
| 2011-03-31 | 18.76% |
| 2010-12-31 | 21.82% |
| 2010-09-30 | 23.06% |
| 2010-06-30 | 22.25% |
| 2010-03-31 | 21.86% |
| 2009-12-31 | 13.49% |
| 2009-09-30 | 7.57% |
| 2009-06-30 | 6.14% |
| 2009-03-31 | 1.82% |
| 2008-12-31 | 8.53% |
| 2008-09-30 | 5.58% |
| 2008-06-30 | 4.42% |
| 2008-03-31 | 1.56% |
| 2007-12-31 | 3.80% |
| 2007-09-30 | 8.99% |
| 2007-06-30 | 12.73% |
| 2007-03-31 | 55.26% |
| 2006-12-31 | 48.90% |
| 2006-09-30 | 53.53% |
| 2006-06-30 | 47.65% |
| 2006-03-31 | 8.73% |
| 2005-12-31 | 6.85% |
| 2005-09-30 | 5.48% |
| 2005-06-30 | -6.29% |
| 2005-03-31 | -7.64% |
| 2004-12-31 | -3.27% |
| 2004-09-30 | -3.56% |
| 2004-06-30 | 5.26% |
| 2004-03-31 | 6.67% |
| 2003-12-31 | 14.76% |
| 2003-09-30 | 16.31% |
| 2003-06-30 | 9.00% |