Basis: Latest reported fiscal year. 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 8.79% is 194% above its 5-year average of 2.98%, near the high end of its 5-year range (-2.65%–8.79%).
As of the fiscal period ended Wednesday, December 31, 2025. 6.42% above its 12-month average of 8.26%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
8.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.26%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
2.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
2.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
2.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
3.36%
CURRENT VS TTM AVG
+6.42%
CURRENT VS 3Y AVG
+66.95%
CURRENT VS 5Y AVG
+194.47%
CURRENT VS 10Y AVG
+218.90%
CURRENT VS 15Y AVG
+269.33%
CURRENT VS 20Y AVG
+161.98%
SECTOR MEDIAN · TECHNOLOGY
8.67%
median of 167 covered companies
CURRENT VS SECTOR MEDIAN
+1.38%
vs the sector median at left
Itron, Inc.
Market Cap
$4.49B
Return on Invested Capital (ROIC)
8.79%
TTM Avg
8.26%
3Y Avg
5.26%
5Y Avg
2.98%
Market Cap
$4.48B
Return on Invested Capital (ROIC)
11.19%
TTM Avg
9.68%
3Y Avg
8.32%
5Y Avg
4.19%
Market Cap
$4.85B
Return on Invested Capital (ROIC)
-1.11%
TTM Avg
-2.25%
3Y Avg
-3.68%
5Y Avg
-3.60%
Market Cap
$3.98B
Return on Invested Capital (ROIC)
-5.41%
TTM Avg
-5.07%
3Y Avg
-3.35%
5Y Avg
-1.39%
Market Cap
$5.16B
Return on Invested Capital (ROIC)
-5.12%
TTM Avg
-6.40%
3Y Avg
-14.16%
5Y Avg
-15.33%
Market Cap
$5.24B
Return on Invested Capital (ROIC)
9.82%
TTM Avg
10.25%
3Y Avg
11.31%
5Y Avg
12.79%
Market Cap
$3.66B
Return on Invested Capital (ROIC)
-13.25%
TTM Avg
-17.66%
3Y Avg
-18.17%
5Y Avg
-14.92%
Market Cap
$3.63B
Return on Invested Capital (ROIC)
N/A
TTM Avg
-0.93%
3Y Avg
-4.84%
5Y Avg
-72.08%
Market Cap
$3.25B
Return on Invested Capital (ROIC)
2.79%
TTM Avg
4.47%
3Y Avg
5.64%
5Y Avg
5.58%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Itron, Inc. (ITRI) | $4.49B | 8.79% | 8.26% | 5.26% | 2.98% |
| Box, Inc. (BOX)vs › | $4.48B | 11.19% | 9.68% | 8.32% | 4.19% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.85B | -1.11% | -2.25% | -3.68% | -3.60% |
| AXT, Inc. (AXTI)vs › | $3.98B | -5.41% | -5.07% | -3.35% | -1.39% |
| Klaviyo, Inc. (KVYO)vs › | $5.16B | -5.12% | -6.40% | -14.16% | -15.33% |
| EPAM Systems, Inc. (EPAM)vs › | $5.24B | 9.82% | 10.25% | 11.31% | 12.79% |
| Ambarella, Inc. (AMBA)vs › | $3.66B | -13.25% | -17.66% | -18.17% | -14.92% |
| monday.com Ltd. (MNDY)vs › | $3.63B | N/A | -0.93% | -4.84% | -72.08% |
| Veeco Instruments Inc. (VECO)vs › | $3.25B | 2.79% | 4.47% | 5.64% | 5.58% |
| Genpact Limited (G)vs › | $5.75B | 12.29% | 12.63% | 12.82% | 11.51% |
ROIC
8.8%
ROE
16.9%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 8.79% |
| 2024-12-31 | 7.73% |
| 2023-12-31 | 4.78% |
| 2022-12-31 | -0.24% |
| 2021-12-31 | -2.65% |
| 2020-12-31 | -0.50% |
| 2019-12-31 | 4.68% |
| 2018-12-31 | -2.22% |
| 2017-12-31 | 4.29% |
| 2016-12-31 | 3.55% |
| 2015-12-31 | 2.11% |
| 2014-12-31 | 0.04% |
| 2013-12-31 | -9.38% |
| 2012-12-31 | 7.68% |
| 2011-12-31 | -29.27% |
| 2010-12-31 | 7.04% |
| 2009-12-31 | 0.09% |
| 2008-12-31 | 3.91% |
| 2007-12-31 | 0.87% |
| 2006-12-31 | 4.51% |
| 2005-12-31 | 9.29% |
| 2004-12-31 | 0.47% |
| 2003-12-31 | 5.28% |
| 2002-12-31 | 4.53% |
| 2001-12-31 | 10.65% |
| 2000-12-31 | 5.26% |
| 1999-12-31 | -41.78% |
| 1998-12-31 | 0.45% |
| 1997-12-31 | 1.45% |
| 1996-12-31 | -0.74% |
