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 10.10% is 16% below its 5-year average of 11.99%, near the low end of its 5-year range (7.87%–15.50%).
As of the fiscal period ended Wednesday, December 31, 2025. 14.01% below its 12-month average of 11.75%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
10.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
11.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
12.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
11.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
12.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
11.87%
CURRENT VS TTM AVG
-14.01%
CURRENT VS 3Y AVG
-19.95%
CURRENT VS 5Y AVG
-15.75%
CURRENT VS 10Y AVG
-14.62%
CURRENT VS 15Y AVG
-16.67%
CURRENT VS 20Y AVG
-14.92%
SECTOR MEDIAN · TECHNOLOGY
8.38%
median of 168 covered companies
CURRENT VS SECTOR MEDIAN
+20.60%
vs the sector median at left
Nova Ltd.
Market Cap
$13.08B
Return on Invested Capital (ROIC)
10.10%
TTM Avg
11.75%
3Y Avg
12.62%
5Y Avg
11.99%
Market Cap
$13.20B
Return on Invested Capital (ROIC)
8.08%
TTM Avg
4.97%
3Y Avg
6.72%
5Y Avg
7.83%
Market Cap
$13.31B
Return on Invested Capital (ROIC)
19.24%
TTM Avg
17.63%
3Y Avg
14.30%
5Y Avg
11.82%
Market Cap
$13.41B
Return on Invested Capital (ROIC)
6.48%
TTM Avg
5.47%
3Y Avg
5.23%
5Y Avg
6.08%
Market Cap
$13.47B
Return on Invested Capital (ROIC)
6.44%
TTM Avg
6.32%
3Y Avg
5.62%
5Y Avg
6.02%
Market Cap
$12.32B
Return on Invested Capital (ROIC)
0.31%
TTM Avg
-0.05%
3Y Avg
-3.75%
5Y Avg
-3.62%
Market Cap
$12.24B
Return on Invested Capital (ROIC)
12.04%
TTM Avg
10.56%
3Y Avg
4.33%
5Y Avg
-0.20%
Market Cap
$14.35B
Return on Invested Capital (ROIC)
5.98%
TTM Avg
6.11%
3Y Avg
8.46%
5Y Avg
9.85%
Market Cap
$14.79B
Return on Invested Capital (ROIC)
4.99%
TTM Avg
5.73%
3Y Avg
5.68%
5Y Avg
5.29%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nova Ltd. (NVMI) | $13.08B | 10.10% | 11.75% | 12.62% | 11.99% |
| Advanced Energy Industries, Inc. (AEIS)vs › | $13.20B | 8.08% | 4.97% | 6.72% | 7.83% |
| GoDaddy Inc. (GDDY)vs › | $13.31B | 19.24% | 17.63% | 14.30% | 11.82% |
| Trimble Inc. (TRMB)vs › | $13.41B | 6.48% | 5.47% | 5.23% | 6.08% |
| Tyler Technologies, Inc. (TYL)vs › | $13.47B | 6.44% | 6.32% | 5.62% | 6.02% |
| HubSpot, Inc. (HUBS)vs › | $12.32B | 0.31% | -0.05% | -3.75% | -3.62% |
| DocuSign, Inc. (DOCU)vs › | $12.24B | 12.04% | 10.56% | 4.33% | -0.20% |
| Amkor Technology, Inc. (AMKR)vs › | $14.35B | 5.98% | 6.11% | 8.46% | 9.85% |
| Dynatrace, Inc. (DT)vs › | $14.79B | 4.99% | 5.73% | 5.68% | 5.29% |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.07B | 17.63% | 16.30% | 16.10% | 16.01% |
ROIC
10.1%
ROE
19.0%
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 | 10.10% |
| 2024-12-31 | 13.39% |
| 2023-12-31 | 11.48% |
| 2022-12-31 | 15.50% |
| 2021-12-31 | 13.59% |
| 2020-12-31 | 7.87% |
| 2019-12-31 | 9.08% |
| 2018-12-31 | 18.16% |
| 2017-12-31 | 19.34% |
| 2016-12-31 | 4.80% |
| 2015-12-31 | 6.81% |
| 2014-12-31 | 11.58% |
| 2013-12-31 | 7.55% |
| 2012-12-31 | 8.88% |
| 2011-12-31 | 23.68% |
| 2010-12-31 | 30.33% |
| 2009-12-31 | 8.14% |
| 2008-12-31 | -22.54% |
| 2007-12-31 | -9.82% |
| 2006-12-31 | -8.69% |
| 2005-12-31 | -32.62% |
| 2004-12-31 | 2.47% |
| 2003-12-31 | -13.09% |
| 2002-12-31 | -34.43% |
| 2001-12-31 | -34.66% |
| 2000-12-31 | -0.12% |
| 1999-12-31 | -54.24% |
