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 17.18% is 83% above its 5-year average of 9.37%, near the high end of its 5-year range (6.32%–17.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.23% above its 12-month average of 15.31%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
17.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
15.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.33%
CURRENT VS TTM AVG
+12.23%
CURRENT VS 3Y AVG
+56.63%
CURRENT VS 5Y AVG
+83.31%
CURRENT VS 10Y AVG
+151.10%
CURRENT VS 15Y AVG
+147.50%
CURRENT VS 20Y AVG
+134.31%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+110.24%
vs the sector median at left
PTC Inc.
Market Cap
$15.37B
Return on Invested Capital (ROIC)
17.18%
TTM Avg
15.31%
3Y Avg
10.97%
5Y Avg
9.37%
Market Cap
$15.15B
Return on Invested Capital (ROIC)
15.72%
TTM Avg
15.37%
3Y Avg
15.36%
5Y Avg
15.31%
Market Cap
$15.94B
Return on Invested Capital (ROIC)
3.03%
TTM Avg
4.61%
3Y Avg
5.60%
5Y Avg
6.80%
Market Cap
$14.70B
Return on Invested Capital (ROIC)
5.60%
TTM Avg
5.80%
3Y Avg
5.73%
5Y Avg
5.34%
Market Cap
$16.34B
Return on Invested Capital (ROIC)
14.42%
TTM Avg
14.43%
3Y Avg
10.79%
5Y Avg
9.81%
Market Cap
$14.31B
Return on Invested Capital (ROIC)
-15.57%
TTM Avg
-29.55%
3Y Avg
-26.12%
5Y Avg
-22.91%
Market Cap
$16.59B
Return on Invested Capital (ROIC)
-7.62%
TTM Avg
-3.44%
3Y Avg
-6.28%
5Y Avg
-4.32%
Market Cap
$14.03B
Return on Invested Capital (ROIC)
6.13%
TTM Avg
6.32%
3Y Avg
5.63%
5Y Avg
6.03%
Market Cap
$16.75B
Return on Invested Capital (ROIC)
10.35%
TTM Avg
9.27%
3Y Avg
8.53%
5Y Avg
11.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PTC Inc. (PTC) | $15.37B | 17.18% | 15.31% | 10.97% | 9.37% |
| Fabrinet (FN)vs › | $15.15B | 15.72% | 15.37% | 15.36% | 15.31% |
| Akamai Technologies, Inc. (AKAM)vs › | $15.94B | 3.03% | 4.61% | 5.60% | 6.80% |
| Dynatrace, Inc. (DT)vs › | $14.70B | 5.60% | 5.80% | 5.73% | 5.34% |
| Leidos Holdings, Inc. (LDOS)vs › | $16.34B | 14.42% | 14.43% | 10.79% | 9.81% |
| IonQ, Inc. (IONQ)vs › | $14.31B | -15.57% | -29.55% | -26.12% | -22.91% |
| IREN Limited (IREN)vs › | $16.59B | -7.62% | -3.44% | -6.28% | -4.32% |
| Tyler Technologies, Inc. (TYL)vs › | $14.03B | 6.13% | 6.32% | 5.63% | 6.03% |
| Zebra Technologies Corporation (ZBRA)vs › | $16.75B | 10.35% | 9.27% | 8.53% | 11.34% |
| Onto Innovation Inc. (ONTO)vs › | $13.99B | 3.42% | 5.19% | 6.67% | 7.82% |
ROIC
17.2%
ROE
35.3%
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 | 17.18% |
| 2026-03-31 | 17.22% |
| 2025-12-31 | 16.19% |
| 2025-09-30 | 14.50% |
| 2025-06-30 | 11.44% |
| 2025-03-31 | 10.25% |
| 2024-12-31 | 9.55% |
| 2024-09-30 | 9.01% |
| 2024-06-30 | 7.74% |
| 2024-03-31 | 7.38% |
| 2023-12-31 | 6.32% |
| 2023-09-30 | 7.32% |
| 2023-06-30 | 8.46% |
| 2023-03-31 | 7.50% |
| 2022-12-31 | 9.77% |
| 2022-09-30 | 9.06% |
| 2022-06-30 | 10.86% |
| 2022-03-31 | 11.40% |
| 2021-12-31 | 9.68% |
| 2021-09-30 | 10.21% |
| 2021-06-30 | 8.22% |
| 2021-03-31 | 7.91% |
| 2020-12-31 | 6.09% |
| 2020-09-30 | 7.57% |
| 2020-06-27 | 5.41% |
| 2020-03-28 | 3.55% |
| 2019-12-28 | 2.89% |
| 2019-09-30 | 2.91% |
| 2019-06-29 | 3.93% |
| 2019-03-30 | 3.29% |
| 2018-12-29 | 3.88% |
| 2018-09-30 | 4.60% |
| 2018-06-30 | 4.97% |
| 2018-03-31 | 4.19% |
| 2017-12-30 | 3.16% |
| 2017-09-30 | 2.43% |
| 2017-07-01 | -0.59% |
| 2017-04-01 | -0.81% |
| 2016-12-31 | -1.17% |
| 2016-09-30 | -2.27% |
| 2016-07-02 | -0.73% |
| 2016-04-02 | 0.08% |
| 2016-01-02 | 0.22% |
| 2015-09-30 | 3.42% |
| 2015-07-04 | 6.40% |
| 2015-04-04 | 8.39% |
| 2015-01-03 | 10.23% |
| 2014-09-30 | 10.59% |
| 2014-06-28 | 12.93% |
| 2014-03-29 | 12.17% |
| 2013-12-28 | 10.15% |
| 2013-09-30 | 9.77% |
| 2013-06-29 | 5.88% |
| 2013-03-30 | 5.26% |
| 2012-12-29 | 4.44% |
| 2012-09-30 | 5.35% |
| 2012-06-30 | 8.28% |
| 2012-03-31 | 7.90% |
| 2011-12-31 | 8.85% |
| 2011-09-30 | 8.22% |
| 2011-07-02 | 4.36% |
| 2011-04-02 | 4.98% |
| 2011-01-01 | 4.40% |
| 2010-09-30 | 4.82% |
| 2010-07-03 | 6.64% |
| 2010-04-03 | 5.55% |
| 2010-01-02 | 4.10% |
| 2009-09-30 | 2.10% |
| 2009-07-04 | 6.62% |
| 2009-04-04 | 9.11% |
| 2009-01-03 | 10.05% |
| 2008-09-30 | 10.09% |
| 2008-06-28 | 9.36% |
| 2008-03-29 | 10.95% |
| 2007-12-29 | 9.64% |
| 2007-09-30 | 14.06% |
| 2007-06-30 | 13.58% |
| 2007-03-31 | 11.96% |
| 2006-12-30 | 11.49% |
| 2006-09-30 | 11.34% |
| 2006-07-01 | 9.61% |
| 2006-04-01 | 11.97% |
| 2005-12-31 | 14.36% |
| 2005-09-30 | 17.77% |
| 2005-07-02 | 25.48% |
| 2005-04-02 | 25.38% |
| 2005-01-01 | 22.50% |
| 2004-09-30 | 9.93% |
| 2004-07-03 | -7.89% |
| 2004-04-03 | -27.28% |
| 2004-01-03 | -35.21% |
| 2003-09-30 | -28.42% |
| 2003-06-28 | -23.44% |
