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 3.87% is 191% above its 5-year average of -4.23%, near the high end of its 5-year range (-11.82%–3.87%).
As of the fiscal period ended Friday, July 31, 2026. 321.55% above its 12-month average of 0.92%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2027 (2026-07-31): 3.87%.
RETURN ON INVESTED CAPITAL (ROIC)
3.87%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
0.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-1.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-4.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+321.55%
CURRENT VS 3Y AVG
+301.35%
CURRENT VS 5Y AVG
+191.39%
CURRENT VS 10Y AVG
N/A
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
-52.69%
vs the sector median at left
nCino, Inc.
Market Cap
$1.97B
Return on Invested Capital (ROIC)
3.87%
TTM Avg
0.92%
3Y Avg
-1.92%
5Y Avg
-4.23%
Market Cap
$1.96B
Return on Invested Capital (ROIC)
-56.00%
TTM Avg
-53.44%
3Y Avg
-54.44%
5Y Avg
-51.23%
Market Cap
$1.90B
Return on Invested Capital (ROIC)
-4.70%
TTM Avg
-10.29%
3Y Avg
-23.95%
5Y Avg
-53.13%
Market Cap
$1.90B
Return on Invested Capital (ROIC)
-1.90%
TTM Avg
-11.84%
3Y Avg
-11.84%
5Y Avg
-11.84%
Market Cap
$2.08B
Return on Invested Capital (ROIC)
-2.29%
TTM Avg
-2.83%
3Y Avg
0.50%
5Y Avg
2.30%
Market Cap
$2.16B
Return on Invested Capital (ROIC)
-19.86%
TTM Avg
-14.52%
3Y Avg
-35.29%
5Y Avg
-25.00%
Market Cap
$1.57B
Return on Invested Capital (ROIC)
-61.51%
TTM Avg
-52.50%
3Y Avg
-42.26%
5Y Avg
-32.31%
Market Cap
$2.54B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.88%
3Y Avg
-11.48%
5Y Avg
-9.39%
Market Cap
$1.36B
Return on Invested Capital (ROIC)
4.77%
TTM Avg
-4.41%
3Y Avg
-11.76%
5Y Avg
-12.49%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nCino, Inc. (NCNO) | $1.97B | 3.87% | 0.92% | -1.92% | -4.23% |
| Asana, Inc. (ASAN)vs › | $1.96B | -56.00% | -53.44% | -54.44% | -51.23% |
| Quantum Computing, Inc. (QUBT)vs › | $1.90B | -4.70% | -10.29% | -23.95% | -53.13% |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.90B | -1.90% | -11.84% | -11.84% | -11.84% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.08B | -2.29% | -2.83% | 0.50% | 2.30% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.16B | -19.86% | -14.52% | -35.29% | -25.00% |
| C3.ai, Inc. (AI)vs › | $1.57B | -61.51% | -52.50% | -42.26% | -32.31% |
| Bitdeer Technologies Group (BTDR)vs › | $2.54B | -8.92% | -10.88% | -11.48% | -9.39% |
| PagerDuty, Inc. (PD)vs › | $1.36B | 4.77% | -4.41% | -11.76% | -12.49% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.07B | -8.52% | 2.02% | 1.95% | 1.89% |
ROIC
3.9%
ROE
3.6%
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) |
|---|---|
| 2026-07-31 | 3.87% |
| 2026-04-30 | 2.07% |
| 2026-01-31 | 0.28% |
| 2025-10-31 | -0.36% |
| 2025-07-31 | -1.27% |
| 2025-04-30 | -1.15% |
| 2025-01-31 | -1.33% |
| 2024-10-31 | -1.16% |
| 2024-07-31 | -2.31% |
| 2024-04-30 | -2.87% |
| 2024-01-31 | -3.51% |
| 2023-10-31 | -5.45% |
| 2023-07-31 | -5.96% |
| 2023-04-30 | -6.82% |
| 2023-01-31 | -8.38% |
| 2022-10-31 | -8.88% |
| 2022-07-31 | -8.59% |
| 2022-04-30 | -7.46% |
| 2022-01-31 | -6.33% |
| 2021-10-31 | -11.82% |
| 2021-07-31 | -11.37% |
| 2021-04-30 | -11.62% |
| 2021-01-31 | -9.52% |
| 2020-10-31 | -8.92% |
| 2020-07-31 | -8.46% |
| 2020-04-30 | -17.03% |
| 2020-01-31 | -16.23% |