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 7.40% is 174% above its 5-year average of -9.94%, near the high end of its 5-year range (-24.50%–7.40%).
As of the fiscal period ended Friday, July 31, 2026. 187.84% above its 12-month average of 2.57%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
7.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
2.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-4.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-9.94%
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
+187.84%
CURRENT VS 3Y AVG
+270.33%
CURRENT VS 5Y AVG
+174.47%
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
-9.44%
vs the sector median at left
UiPath Inc.
Market Cap
$7.48B
Return on Invested Capital (ROIC)
7.40%
TTM Avg
2.57%
3Y Avg
-4.34%
5Y Avg
-9.94%
Market Cap
$7.64B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
-2.96%
3Y Avg
-30.48%
5Y Avg
-34.20%
Market Cap
$7.63B
Return on Invested Capital (ROIC)
-9.29%
TTM Avg
-7.54%
3Y Avg
-7.19%
5Y Avg
-9.83%
Market Cap
$7.31B
Return on Invested Capital (ROIC)
26.85%
TTM Avg
22.73%
3Y Avg
5.80%
5Y Avg
3.92%
Market Cap
$7.81B
Return on Invested Capital (ROIC)
18.36%
TTM Avg
16.70%
3Y Avg
16.39%
5Y Avg
14.74%
Market Cap
$8.01B
Return on Invested Capital (ROIC)
-9.02%
TTM Avg
-11.64%
3Y Avg
-19.22%
5Y Avg
-30.49%
Market Cap
$6.95B
Return on Invested Capital (ROIC)
7.81%
TTM Avg
11.75%
3Y Avg
11.13%
5Y Avg
10.92%
Market Cap
$8.19B
Return on Invested Capital (ROIC)
-2.21%
TTM Avg
-4.08%
3Y Avg
-10.55%
5Y Avg
-11.25%
Market Cap
$6.81B
Return on Invested Capital (ROIC)
10.85%
TTM Avg
8.02%
3Y Avg
0.73%
5Y Avg
-3.59%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| UiPath Inc. (PATH) | $7.48B | 7.40% | 2.57% | -4.34% | -9.94% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.64B | 2.53% | -2.96% | -30.48% | -34.20% |
| Cipher Mining Inc. (CIFR)vs › | $7.63B | -9.29% | -7.54% | -7.19% | -9.83% |
| AppFolio Inc. (APPF)vs › | $7.31B | 26.85% | 22.73% | 5.80% | 3.92% |
| Paylocity Holding Corporation (PCTY)vs › | $7.81B | 18.36% | 16.70% | 16.39% | 14.74% |
| GitLab Inc. (GTLB)vs › | $8.01B | -9.02% | -11.64% | -19.22% | -30.49% |
| Camtek Ltd. (CAMT)vs › | $6.95B | 7.81% | 11.75% | 11.13% | 10.92% |
| Applied Digital Corp. (APLD)vs › | $8.19B | -2.21% | -4.08% | -10.55% | -11.25% |
| Duolingo, Inc. (DUOL)vs › | $6.81B | 10.85% | 8.02% | 0.73% | -3.59% |
| Plexus Corp. (PLXS)vs › | $6.65B | 10.63% | 9.91% | 9.71% | 9.84% |
ROIC
7.4%
ROE
18.6%
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 | 7.40% |
| 2026-04-30 | 4.97% |
| 2026-01-31 | 2.50% |
| 2025-10-31 | 0.48% |
| 2025-07-31 | -2.49% |
| 2025-04-30 | -6.72% |
| 2025-01-31 | -7.87% |
| 2024-10-31 | -9.20% |
| 2024-07-31 | -9.36% |
| 2024-04-30 | -7.45% |
| 2024-01-31 | -7.34% |
| 2023-10-31 | -10.42% |
| 2023-07-31 | -10.97% |
| 2023-04-30 | -13.03% |
| 2023-01-31 | -16.52% |
| 2022-10-31 | -17.40% |
| 2022-07-31 | -20.42% |
| 2022-04-30 | -19.17% |
| 2022-01-31 | -24.50% |
| 2021-10-31 | -21.77% |
| 2021-07-31 | -19.37% |
| 2021-04-30 | -15.24% |
