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 14.42% is 39% above its 5-year average of 10.35%, near the high end of its 5-year range (2.97%–15.00%).
As of the fiscal period ended Friday, July 3, 2026. 0.82% above its 12-month average of 14.30%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-07-03): 14.42%.
RETURN ON INVESTED CAPITAL (ROIC)
14.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
11.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.04%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
10.38%
CURRENT VS TTM AVG
+0.82%
CURRENT VS 3Y AVG
+25.76%
CURRENT VS 5Y AVG
+39.30%
CURRENT VS 10Y AVG
+67.11%
CURRENT VS 15Y AVG
+59.44%
CURRENT VS 20Y AVG
+38.92%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+76.45%
vs the sector median at left
Leidos Holdings, Inc.
Market Cap
$16.27B
Return on Invested Capital (ROIC)
14.42%
TTM Avg
14.30%
3Y Avg
11.46%
5Y Avg
10.35%
Market Cap
$16.25B
Return on Invested Capital (ROIC)
10.35%
TTM Avg
9.27%
3Y Avg
8.53%
5Y Avg
11.34%
Market Cap
$16.10B
Return on Invested Capital (ROIC)
24.31%
TTM Avg
16.21%
3Y Avg
20.54%
5Y Avg
21.80%
Market Cap
$16.09B
Return on Invested Capital (ROIC)
5.60%
TTM Avg
5.80%
3Y Avg
5.73%
5Y Avg
5.34%
Market Cap
$15.89B
Return on Invested Capital (ROIC)
8.17%
TTM Avg
6.63%
3Y Avg
-0.22%
5Y Avg
3.98%
Market Cap
$16.70B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.05%
3Y Avg
6.70%
5Y Avg
6.02%
Market Cap
$15.21B
Return on Invested Capital (ROIC)
-7.62%
TTM Avg
-3.44%
3Y Avg
-6.28%
5Y Avg
-4.32%
Market Cap
$15.19B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
4.61%
3Y Avg
5.60%
5Y Avg
6.80%
Market Cap
$15.15B
Return on Invested Capital (ROIC)
17.18%
TTM Avg
11.75%
3Y Avg
9.97%
5Y Avg
9.61%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leidos Holdings, Inc. (LDOS) | $16.27B | 14.42% | 14.30% | 11.46% | 10.35% |
| Zebra Technologies Corporation (ZBRA)vs › | $16.25B | 10.35% | 9.27% | 8.53% | 11.34% |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.10B | 24.31% | 16.21% | 20.54% | 21.80% |
| Dynatrace, Inc. (DT)vs › | $16.09B | 5.60% | 5.80% | 5.73% | 5.34% |
| MKS Inc. (MKSI)vs › | $15.89B | 8.17% | 6.63% | -0.22% | 3.98% |
| Fortive Corporation (FTV)vs › | $16.70B | 6.83% | 7.05% | 6.70% | 6.02% |
| IREN Limited (IREN)vs › | $15.21B | -7.62% | -3.44% | -6.28% | -4.32% |
| Akamai Technologies, Inc. (AKAM)vs › | $15.19B | 3.03% | 4.61% | 5.60% | 6.80% |
| PTC Inc. (PTC)vs › | $15.15B | 17.18% | 11.75% | 9.97% | 9.61% |
| Toast, Inc. (TOST)vs › | $18.05B | 20.94% | 7.34% | -9.33% | -14.66% |
ROIC
14.4%
ROE
26.2%
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) |
|---|---|
| 2026-07-03 | 14.42% |
| 2026-04-03 | 12.83% |
| 2026-01-02 | 15.00% |
| 2025-10-03 | 14.77% |
| 2025-07-04 | 14.48% |
| 2025-04-04 | 14.29% |
| 2025-01-03 | 13.85% |
| 2024-09-27 | 13.26% |
| 2024-06-28 | 5.65% |
| 2024-03-29 | 4.57% |
| 2023-09-29 | 2.97% |
| 2023-06-30 | 8.58% |
| 2023-03-31 | 8.19% |
| 2022-09-30 | 8.47% |
| 2022-07-01 | 8.70% |
| 2022-04-01 | 8.71% |
| 2021-12-31 | 8.60% |
| 2021-10-01 | 8.93% |
| 2021-07-02 | 8.48% |
| 2021-04-02 | 8.93% |
| 2020-10-02 | 8.30% |
| 2020-07-03 | 7.97% |
| 2020-04-03 | 8.54% |
| 2020-01-03 | 9.94% |
| 2019-09-27 | 10.34% |
| 2019-06-28 | 9.86% |
| 2019-03-29 | 10.07% |
| 2018-12-28 | 10.54% |
| 2018-09-28 | 9.63% |
| 2018-06-29 | 8.92% |
| 2018-03-30 | 8.01% |
| 2017-12-29 | 7.57% |
| 2017-09-29 | 5.87% |
| 2017-06-30 | 6.08% |
| 2017-03-31 | 4.97% |
| 2016-12-30 | 4.42% |
| 2016-09-30 | 3.84% |
| 2016-07-01 | 10.15% |
| 2016-04-01 | 10.00% |
| 2015-12-31 | 9.17% |
| 2015-10-02 | 7.77% |
| 2015-07-03 | 7.71% |
| 2015-04-03 | -11.32% |
| 2015-01-31 | -9.09% |
| 2014-10-31 | -6.42% |
| 2014-08-01 | -9.35% |
| 2014-05-02 | 6.71% |
| 2014-01-31 | 7.25% |
| 2013-11-01 | 10.01% |
| 2013-08-02 | 12.33% |
| 2013-05-03 | 14.37% |
| 2013-01-31 | 14.33% |
| 2012-10-31 | 6.78% |
| 2012-07-31 | 3.92% |
| 2012-04-30 | 3.73% |
| 2012-01-31 | 4.08% |
| 2011-10-31 | 8.18% |
| 2011-07-31 | 13.20% |
| 2011-04-30 | 14.27% |
| 2011-01-31 | 13.79% |
| 2010-10-31 | 16.16% |
| 2010-07-31 | 16.49% |
| 2010-04-30 | 15.80% |
| 2010-01-31 | 15.10% |
| 2009-10-31 | 15.27% |
| 2009-07-31 | 15.58% |
| 2009-04-30 | 15.44% |
| 2009-01-31 | 14.53% |
| 2008-10-31 | 14.38% |
| 2008-07-31 | 14.25% |
| 2008-04-30 | 14.09% |
| 2008-01-31 | 12.60% |
| 2007-10-31 | 12.37% |
| 2007-07-31 | 11.63% |
| 2007-04-30 | 11.36% |
| 2007-01-31 | 12.19% |
| 2006-10-31 | 14.44% |
| 2006-07-31 | 9.93% |
