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 7.71% is 27% above its 5-year average of 6.05%, near the high end of its 5-year range (3.34%–8.49%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.81% below its 12-month average of 8.10%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2026-06-30.
RETURN ON INVESTED CAPITAL (ROIC)
7.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
6.30%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
6.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.76%
CURRENT VS TTM AVG
-4.81%
CURRENT VS 3Y AVG
+22.43%
CURRENT VS 5Y AVG
+27.47%
CURRENT VS 10Y AVG
+26.79%
CURRENT VS 15Y AVG
+13.20%
CURRENT VS 20Y AVG
+14.01%
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
+1693.02%
vs the sector median at left
Open Text Corporation
Market Cap
$5.46B
Return on Invested Capital (ROIC)
7.71%
TTM Avg
8.10%
3Y Avg
6.30%
5Y Avg
6.05%
Market Cap
$5.36B
Return on Invested Capital (ROIC)
17.97%
TTM Avg
16.55%
3Y Avg
15.48%
5Y Avg
13.62%
Market Cap
$5.36B
Return on Invested Capital (ROIC)
-5.89%
TTM Avg
-7.82%
3Y Avg
-83.52%
5Y Avg
-55.34%
Market Cap
$5.33B
Return on Invested Capital (ROIC)
4.30%
TTM Avg
6.37%
3Y Avg
7.38%
5Y Avg
6.93%
Market Cap
$5.30B
Return on Invested Capital (ROIC)
3.17%
TTM Avg
3.17%
3Y Avg
3.17%
5Y Avg
3.17%
Market Cap
$5.63B
Return on Invested Capital (ROIC)
25.97%
TTM Avg
18.46%
3Y Avg
7.43%
5Y Avg
1.44%
Market Cap
$5.27B
Return on Invested Capital (ROIC)
10.94%
TTM Avg
11.41%
3Y Avg
11.35%
5Y Avg
10.01%
Market Cap
$5.65B
Return on Invested Capital (ROIC)
-14.43%
TTM Avg
-10.90%
3Y Avg
-13.17%
5Y Avg
-14.29%
Market Cap
$5.66B
Return on Invested Capital (ROIC)
11.07%
TTM Avg
10.30%
3Y Avg
11.40%
5Y Avg
12.97%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Open Text Corporation (OTEX) | $5.46B | 7.71% | 8.10% | 6.30% | 6.05% |
| ExlService Holdings, Inc. (EXLS)vs › | $5.36B | 17.97% | 16.55% | 15.48% | 13.62% |
| Core Scientific, Inc. (CORZ)vs › | $5.36B | -5.89% | -7.82% | -83.52% | -55.34% |
| Novanta Inc. (NOVT)vs › | $5.33B | 4.30% | 6.37% | 7.38% | 6.93% |
| Octave Intelligence plc (OCTV)vs › | $5.30B | 3.17% | 3.17% | 3.17% | 3.17% |
| Pegasystems Inc. (PEGA)vs › | $5.63B | 25.97% | 18.46% | 7.43% | 1.44% |
| Science Applications International Corporation (SAIC)vs › | $5.27B | 10.94% | 11.41% | 11.35% | 10.01% |
| Varonis Systems, Inc. (VRNS)vs › | $5.65B | -14.43% | -10.90% | -13.17% | -14.29% |
| EPAM Systems, Inc. (EPAM)vs › | $5.66B | 11.07% | 10.30% | 11.40% | 12.97% |
| Genpact Limited (G)vs › | $5.66B | 13.89% | 12.81% | 13.02% | 11.70% |
ROIC
7.7%
ROE
16.0%
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) |
|---|---|
| 2026-06-30 | 7.71% |
| 2025-06-30 | 8.49% |
| 2024-06-30 | 5.65% |
| 2023-06-30 | 3.34% |
| 2022-06-30 | 6.01% |
| 2021-06-30 | 5.09% |
| 2020-06-30 | 4.53% |
| 2019-06-30 | 5.73% |
| 2018-06-30 | 4.77% |
| 2017-06-30 | 6.51% |
| 2016-06-30 | 9.06% |
| 2015-06-30 | 8.18% |
| 2014-06-30 | 8.02% |
| 2013-06-30 | 8.00% |
| 2012-06-30 | 7.78% |
| 2011-06-30 | 10.11% |
| 2010-06-30 | 11.33% |
| 2009-06-30 | 6.66% |
| 2008-06-30 | 6.11% |
| 2007-06-30 | 4.41% |
| 2006-06-30 | 4.52% |
| 2005-06-30 | 4.40% |
| 2004-06-30 | 4.67% |
| 2003-06-30 | 14.29% |
| 2002-06-30 | 9.22% |
| 2001-06-30 | 6.59% |
| 2000-06-30 | -3.09% |
| 1999-06-30 | 5.37% |
| 1998-06-30 | -1.09% |
| 1997-06-30 | -68.69% |
