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 10.34% is in line with its 5-year average of 10.12%, around the middle of its 5-year range (7.34%–13.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.35% above its 12-month average of 9.13%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q1 FY2027 (2026-06-30): 10.34%.
RETURN ON INVESTED CAPITAL (ROIC)
10.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.98%
CURRENT VS TTM AVG
+13.35%
CURRENT VS 3Y AVG
+7.51%
CURRENT VS 5Y AVG
+2.17%
CURRENT VS 10Y AVG
+7.86%
CURRENT VS 15Y AVG
+8.29%
CURRENT VS 20Y AVG
+15.19%
SECTOR MEDIAN · TECHNOLOGY
1.89%
median of 553 covered companies
CURRENT VS SECTOR MEDIAN
+447.31%
vs the sector median at left
ePlus inc.
Market Cap
$2.43B
Return on Invested Capital (ROIC)
10.34%
TTM Avg
9.13%
3Y Avg
9.62%
5Y Avg
10.12%
Market Cap
$2.44B
Return on Invested Capital (ROIC)
7.57%
TTM Avg
10.13%
3Y Avg
9.59%
5Y Avg
7.11%
Market Cap
$2.42B
Return on Invested Capital (ROIC)
7.59%
TTM Avg
12.62%
3Y Avg
8.27%
5Y Avg
3.46%
Market Cap
$2.52B
Return on Invested Capital (ROIC)
-30.39%
TTM Avg
-36.99%
3Y Avg
-196.28%
5Y Avg
-210.10%
Market Cap
$2.32B
Return on Invested Capital (ROIC)
9.49%
TTM Avg
7.92%
3Y Avg
8.97%
5Y Avg
8.95%
Market Cap
$2.56B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.88%
3Y Avg
-11.48%
5Y Avg
-9.39%
Market Cap
$2.56B
Return on Invested Capital (ROIC)
3.26%
TTM Avg
-0.49%
3Y Avg
-4.11%
5Y Avg
-3.86%
Market Cap
$2.27B
Return on Invested Capital (ROIC)
2.71%
TTM Avg
0.40%
3Y Avg
-0.07%
5Y Avg
-2.39%
Market Cap
$2.60B
Return on Invested Capital (ROIC)
2.25%
TTM Avg
3.57%
3Y Avg
6.53%
5Y Avg
11.74%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ePlus inc. (PLUS) | $2.43B | 10.34% | 9.13% | 9.62% | 10.12% |
| Euronet Worldwide, Inc. (EEFT)vs › | $2.44B | 7.57% | 10.13% | 9.59% | 7.11% |
| Payoneer Global Inc. (PAYO)vs › | $2.42B | 7.59% | 12.62% | 8.27% | 3.46% |
| SoundHound AI, Inc. (SOUN)vs › | $2.52B | -30.39% | -36.99% | -196.28% | -210.10% |
| PC Connection, Inc. (CNXN)vs › | $2.32B | 9.49% | 7.92% | 8.97% | 8.95% |
| Bitdeer Technologies Group (BTDR)vs › | $2.56B | -8.92% | -10.88% | -11.48% | -9.39% |
| Five9, Inc. (FIVN)vs › | $2.56B | 3.26% | -0.49% | -4.11% | -3.86% |
| PDF Solutions, Inc. (PDFS)vs › | $2.27B | 2.71% | 0.40% | -0.07% | -2.39% |
| Himax Technologies, Inc. (HIMX)vs › | $2.60B | 2.25% | 3.57% | 6.53% | 11.74% |
| nLIGHT, Inc. (LASR)vs › | $2.25B | -3.61% | -18.70% | -18.29% | -15.18% |
ROIC
10.3%
ROE
11.7%
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 | 10.34% |
| 2026-03-31 | 10.06% |
| 2025-12-31 | 9.15% |
| 2025-09-30 | 8.65% |
| 2025-06-30 | 7.42% |
| 2025-03-31 | 7.34% |
| 2024-12-31 | 7.72% |
| 2024-09-30 | 7.53% |
| 2024-06-30 | 8.79% |
| 2024-03-31 | 10.11% |
| 2023-12-31 | 12.62% |
| 2023-09-30 | 13.80% |
| 2023-06-30 | 11.55% |
| 2023-03-31 | 11.94% |
| 2022-12-31 | 10.24% |
| 2022-09-30 | 10.56% |
| 2022-06-30 | 11.47% |
| 2022-03-31 | 12.09% |
| 2021-12-31 | 10.45% |
| 2021-09-30 | 10.62% |
| 2021-06-30 | 10.15% |
| 2021-03-31 | 9.59% |
| 2020-12-31 | 8.57% |
| 2020-09-30 | 8.46% |
| 2020-06-30 | 8.41% |
| 2020-03-31 | 9.10% |
| 2019-12-31 | 8.74% |
| 2019-09-30 | 8.34% |
| 2019-06-30 | 8.64% |
| 2019-03-31 | 9.53% |
| 2018-12-31 | 9.12% |
| 2018-09-30 | 9.50% |
| 2018-06-30 | 9.79% |
| 2018-03-31 | 9.89% |
| 2017-12-31 | 10.48% |
| 2017-09-30 | 9.66% |
| 2017-06-30 | 9.76% |
| 2017-03-31 | 9.63% |
| 2016-12-31 | 9.65% |
| 2016-09-30 | 8.90% |
| 2016-06-30 | 9.05% |
| 2016-03-31 | 9.07% |
| 2015-12-31 | 8.73% |
| 2015-09-30 | 9.41% |
| 2015-06-30 | 8.64% |
| 2014-03-31 | 8.36% |
| 2013-12-31 | 8.91% |
| 2013-09-30 | 8.99% |
| 2013-06-30 | 8.94% |
| 2013-03-31 | 10.09% |
| 2012-12-31 | 12.85% |
| 2012-09-30 | 16.10% |
| 2012-06-30 | 15.69% |
| 2012-03-31 | 13.36% |
| 2011-12-31 | 14.56% |
| 2011-09-30 | 14.64% |
| 2011-06-30 | 14.87% |
| 2011-03-31 | 15.37% |
| 2010-12-31 | 10.65% |
| 2010-09-30 | 9.28% |
| 2010-06-30 | 8.45% |
| 2010-03-31 | 7.34% |
| 2009-12-31 | 6.07% |
| 2009-09-30 | 6.03% |
| 2009-06-30 | 6.64% |
| 2009-03-31 | 7.20% |
| 2008-12-31 | 7.92% |
| 2008-09-30 | 5.74% |
| 2008-06-30 | 5.24% |
| 2008-03-31 | 5.91% |
| 2007-12-31 | 5.50% |
| 2007-09-30 | 7.39% |
| 2007-06-30 | 5.88% |
| 2007-03-31 | 5.05% |
| 2006-12-31 | 4.57% |
| 2006-09-30 | 3.49% |
| 2006-06-30 | 4.19% |
| 2006-03-31 | 6.23% |
| 2005-12-31 | 9.76% |
| 2005-09-30 | 9.53% |
| 2005-06-30 | 10.72% |
| 2005-03-31 | 11.13% |
| 2004-12-31 | 4.76% |
| 2004-09-30 | 5.23% |
| 2004-06-30 | 6.02% |
| 2004-03-31 | 5.93% |
| 2003-12-31 | 5.87% |
| 2003-09-30 | 5.95% |
| 2003-06-30 | 6.26% |