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Microsoft Corporation (MSFT) Return on Invested Capital (ROIC): 21.63%

Is Microsoft Corporation’s return on invested capital (roic) high or low?

Microsoft Corporation's return on invested capital (roic) of 21.63% is in line with its 5-year average of 22.53%, around the middle of its 5-year range (18.82%–26.27%).

The return on invested capital (roic) for Microsoft Corporation (MSFT) is 21.63% as of Tuesday, June 9, 2026. It is below its 12-month average by 1.46% (21.95%).

MSFT Return on Invested Capital (ROIC) Chart

MSFT Return on Invested Capital (ROIC)
21.63%-2.87% 1Y
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MSFT Average Return on Invested Capital (ROIC) Chart

MSFT Current vs Average Return on Invested Capital (ROIC) Chart

MSFT Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

21.63%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

21.95%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

23.20%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

22.53%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

17.76%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

19.29%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

21.53%

CURRENT VS TTM AVG

-1.46%

CURRENT VS 3Y AVG

-6.79%

CURRENT VS 5Y AVG

-3.99%

CURRENT VS 10Y AVG

+21.80%

CURRENT VS 15Y AVG

+12.13%

CURRENT VS 20Y AVG

+0.44%

MSFT Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Microsoft Corporation (MSFT)21.63%21.95%23.20%22.53%
Apple Inc. (AAPL)$4.27T51.97%48.14%46.56%44.75%
Alphabet Inc. (GOOGL)$4.41T21.82%23.81%22.79%21.06%
Amazon.com, Inc. (AMZN)$2.63T10.70%12.01%8.52%8.71%
Oracle Corporation (ORCL)$591.83B10.86%11.07%10.74%11.30%
Salesforce, Inc. (CRM)$143.61B8.76%8.36%5.69%4.06%

Capital Efficiency

ROIC

21.6%

ROE

29.6%

Microsoft Corporation Return on Invested Capital (ROIC) Formula & Definition

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

Microsoft Corporation Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (roic) for Microsoft Corporation (MSFT)?
The return on invested capital (roic) for MSFT stock is 21.63%.
Is Microsoft Corporation's return on invested capital (roic) high or low?
Microsoft Corporation's return on invested capital (roic) of 21.63% is in line with its 5-year average of 22.53%, around the middle of its 5-year range (18.82%–26.27%).
What is the TTM average return on invested capital (roic) for Microsoft Corporation (MSFT)?
The TTM average return on invested capital (roic) for MSFT stock is 21.95%.
What is the 3Y average return on invested capital (roic) for Microsoft Corporation (MSFT)?
The 3Y average return on invested capital (roic) for MSFT stock is 23.20%.
What is the 5Y average return on invested capital (roic) for Microsoft Corporation (MSFT)?
The 5Y average return on invested capital (roic) for MSFT stock is 22.53%.
What is the 10Y average return on invested capital (roic) for Microsoft Corporation (MSFT)?
The 10Y average return on invested capital (roic) for MSFT stock is 17.76%.
What is the 15Y average return on invested capital (roic) for Microsoft Corporation (MSFT)?
The 15Y average return on invested capital (roic) for MSFT stock is 19.29%.
What is the 20Y average return on invested capital (roic) for Microsoft Corporation (MSFT)?
The 20Y average return on invested capital (roic) for MSFT stock is 21.53%.

Microsoft Corporation Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-06-3021.63%
2024-06-3022.27%
2023-06-3022.65%
2022-06-3026.27%
2021-06-3023.54%
2020-06-3018.82%
2019-06-3017.19%
2018-06-307.73%
2017-06-3012.00%
2016-06-3014.21%
2015-06-309.04%
2014-06-3017.11%
2013-06-3020.03%
2012-06-3018.48%
2011-06-3028.02%
2010-06-3029.65%
2009-06-3028.32%
2008-06-3038.54%
2007-06-3032.73%
2006-06-3024.10%
2005-06-3019.89%
2004-06-307.62%
2003-06-309.60%
2002-06-3014.75%
2001-06-3015.84%
2000-06-3017.13%
1999-06-3022.05%
1998-06-3025.46%
1997-06-3029.38%
1996-06-3026.08%