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 18.38% is in line with its 5-year average of 18.74%, near the low end of its 5-year range (15.83%–24.86%).
As of the fiscal period ended Wednesday, December 31, 2025. 14.99% below its 12-month average of 21.62%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
18.38%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
21.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
20.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
18.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
23.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
17.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-14.99%
CURRENT VS 3Y AVG
-8.69%
CURRENT VS 5Y AVG
-1.93%
CURRENT VS 10Y AVG
-21.28%
CURRENT VS 15Y AVG
+8.00%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.03%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+128.89%
vs the sector median at left
Paycom Software, Inc.
Market Cap
$8.95B
Return on Invested Capital (ROIC)
18.38%
TTM Avg
21.62%
3Y Avg
20.13%
5Y Avg
18.74%
Market Cap
$9.11B
Return on Invested Capital (ROIC)
3.79%
TTM Avg
-1.29%
3Y Avg
0.72%
5Y Avg
1.41%
Market Cap
$8.75B
Return on Invested Capital (ROIC)
-3.18%
TTM Avg
-5.41%
3Y Avg
-9.23%
5Y Avg
-9.98%
Market Cap
$9.37B
Return on Invested Capital (ROIC)
6.35%
TTM Avg
6.35%
3Y Avg
9.08%
5Y Avg
12.47%
Market Cap
$8.51B
Return on Invested Capital (ROIC)
9.22%
TTM Avg
9.13%
3Y Avg
11.21%
5Y Avg
15.30%
Market Cap
$8.48B
Return on Invested Capital (ROIC)
13.38%
TTM Avg
11.70%
3Y Avg
7.72%
5Y Avg
8.12%
Market Cap
$8.28B
Return on Invested Capital (ROIC)
4.67%
TTM Avg
5.11%
3Y Avg
5.88%
5Y Avg
7.05%
Market Cap
$9.87B
Return on Invested Capital (ROIC)
15.03%
TTM Avg
13.86%
3Y Avg
11.10%
5Y Avg
7.15%
Market Cap
$7.88B
Return on Invested Capital (ROIC)
22.55%
TTM Avg
22.97%
3Y Avg
16.69%
5Y Avg
12.51%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paycom Software, Inc. (PAYC) | $8.95B | 18.38% | 21.62% | 20.13% | 18.74% |
| Viavi Solutions Inc. (VIAV)vs › | $9.11B | 3.79% | -1.29% | 0.72% | 1.41% |
| TeraWulf Inc. (WULF)vs › | $8.75B | -3.18% | -5.41% | -9.23% | -9.98% |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.37B | 6.35% | 6.35% | 9.08% | 12.47% |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.51B | 9.22% | 9.13% | 11.21% | 15.30% |
| The Trade Desk, Inc. (TTD)vs › | $8.48B | 13.38% | 11.70% | 7.72% | 8.12% |
| FormFactor, Inc. (FORM)vs › | $8.28B | 4.67% | 5.11% | 5.88% | 7.05% |
| Rambus Inc. (RMBS)vs › | $9.87B | 15.03% | 13.86% | 11.10% | 7.15% |
| InterDigital, Inc. (IDCC)vs › | $7.88B | 22.55% | 22.97% | 16.69% | 12.51% |
| Applied Digital Corp. (APLD)vs › | $7.83B | 0.00% | -2.71% | -9.50% | -10.44% |
ROIC
18.4%
ROE
57.9%
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 | 18.38% |
| 2024-12-31 | 24.86% |
| 2023-12-31 | 19.35% |
| 2022-12-31 | 17.93% |
| 2021-12-31 | 15.83% |
| 2020-12-31 | 16.10% |
| 2019-12-31 | 24.58% |
| 2018-12-31 | 27.53% |
| 2017-12-31 | 29.14% |
| 2016-12-31 | 48.80% |
| 2015-12-31 | 14.34% |
| 2014-12-31 | 7.70% |
| 2013-12-31 | -17.28% |
| 2012-12-31 | 5.50% |
| 2011-12-31 | 0.00% |