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 8.27% is 20% below its 5-year average of 10.34%, around the middle of its 5-year range (5.58%–13.25%).
As of the fiscal period ended Saturday, June 27, 2026. 3.34% above its 12-month average of 8.00%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-27): 8.27%.
RETURN ON INVESTED CAPITAL (ROIC)
8.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
8.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
7.45%
CURRENT VS TTM AVG
+3.34%
CURRENT VS 3Y AVG
-9.96%
CURRENT VS 5Y AVG
-20.03%
CURRENT VS 10Y AVG
-1.44%
CURRENT VS 15Y AVG
+0.66%
CURRENT VS 20Y AVG
+10.94%
SECTOR MEDIAN · TECHNOLOGY
7.81%
median of 213 covered companies
CURRENT VS SECTOR MEDIAN
+5.87%
vs the sector median at left
Sanmina Corporation
Market Cap
$12.28B
Return on Invested Capital (ROIC)
8.27%
TTM Avg
8.00%
3Y Avg
9.18%
5Y Avg
10.34%
Market Cap
$12.24B
Return on Invested Capital (ROIC)
2.70%
TTM Avg
0.52%
3Y Avg
-5.02%
5Y Avg
-10.45%
Market Cap
$12.19B
Return on Invested Capital (ROIC)
8.56%
TTM Avg
5.01%
3Y Avg
6.78%
5Y Avg
7.91%
Market Cap
$12.37B
Return on Invested Capital (ROIC)
23.78%
TTM Avg
20.59%
3Y Avg
21.97%
5Y Avg
19.23%
Market Cap
$12.14B
Return on Invested Capital (ROIC)
14.56%
TTM Avg
13.93%
3Y Avg
11.15%
5Y Avg
7.19%
Market Cap
$12.59B
Return on Invested Capital (ROIC)
10.06%
TTM Avg
11.79%
3Y Avg
12.68%
5Y Avg
12.05%
Market Cap
$11.90B
Return on Invested Capital (ROIC)
90.92%
TTM Avg
58.33%
3Y Avg
55.49%
5Y Avg
48.77%
Market Cap
$12.79B
Return on Invested Capital (ROIC)
4.30%
TTM Avg
6.39%
3Y Avg
9.12%
5Y Avg
12.52%
Market Cap
$12.87B
Return on Invested Capital (ROIC)
20.64%
TTM Avg
17.70%
3Y Avg
14.37%
5Y Avg
11.89%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sanmina Corporation (SANM) | $12.28B | 8.27% | 8.00% | 9.18% | 10.34% |
| Grab Holdings Limited (GRAB)vs › | $12.24B | 2.70% | 0.52% | -5.02% | -10.45% |
| Advanced Energy Industries, Inc. (AEIS)vs › | $12.19B | 8.56% | 5.01% | 6.78% | 7.91% |
| Gartner, Inc. (IT)vs › | $12.37B | 23.78% | 20.59% | 21.97% | 19.23% |
| Rambus Inc. (RMBS)vs › | $12.14B | 14.56% | 13.93% | 11.15% | 7.19% |
| Nova Ltd. (NVMI)vs › | $12.59B | 10.06% | 11.79% | 12.68% | 12.05% |
| Manhattan Associates, Inc. (MANH)vs › | $11.90B | 90.92% | 58.33% | 55.49% | 48.77% |
| Skyworks Solutions, Inc. (SWKS)vs › | $12.79B | 4.30% | 6.39% | 9.12% | 12.52% |
| GoDaddy Inc. (GDDY)vs › | $12.87B | 20.64% | 17.70% | 14.37% | 11.89% |
| FormFactor, Inc. (FORM)vs › | $11.63B | 11.16% | 5.13% | 5.92% | 7.10% |
ROIC
8.3%
ROE
12.0%
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) |
|---|---|
| 2026-06-27 | 8.27% |
| 2026-03-28 | 7.43% |
| 2025-12-27 | 5.58% |
| 2025-09-27 | 9.04% |
| 2025-06-28 | 9.69% |
| 2025-03-29 | 9.41% |
| 2024-12-28 | 8.88% |
| 2024-09-28 | 8.73% |
| 2024-06-29 | 9.03% |
| 2024-03-30 | 10.03% |
| 2023-12-30 | 11.32% |
| 2023-09-30 | 12.51% |
| 2023-07-01 | 13.09% |
| 2023-04-01 | 13.25% |
| 2022-12-31 | 12.22% |
| 2022-09-30 | 11.86% |
| 2022-07-02 | 10.82% |
| 2022-04-02 | 10.84% |
| 2022-01-01 | 10.27% |
| 2021-09-30 | 9.94% |
| 2021-07-03 | 10.14% |
| 2021-04-03 | 8.34% |
| 2021-01-02 | 7.12% |
| 2020-09-30 | 6.93% |
| 2020-06-27 | 4.28% |
| 2020-03-28 | 4.34% |
| 2019-12-28 | 6.81% |
| 2019-09-30 | 7.29% |
| 2019-06-29 | 6.25% |
| 2019-03-30 | 5.60% |
| 2018-12-29 | 4.85% |
| 2018-09-30 | 2.89% |
| 2018-06-30 | 3.67% |
| 2018-03-31 | 4.11% |
| 2017-12-30 | 4.41% |
| 2017-09-30 | 6.35% |
| 2017-07-01 | 9.76% |
| 2017-04-01 | 9.59% |
| 2016-12-31 | 9.80% |
| 2016-09-30 | 9.16% |
| 2016-07-02 | 10.05% |
| 2016-04-02 | 9.61% |
| 2016-01-02 | 9.22% |
| 2015-09-30 | 9.12% |
| 2015-06-27 | 11.55% |
| 2015-03-28 | 11.54% |
| 2014-12-27 | 11.15% |
| 2014-09-30 | 10.31% |
| 2014-06-28 | 6.42% |
| 2014-03-29 | 6.46% |
| 2013-12-28 | 6.75% |
| 2013-09-30 | 6.68% |
| 2013-06-29 | 7.88% |
| 2013-03-30 | 7.61% |
| 2012-12-29 | 6.37% |
| 2012-09-30 | 6.85% |
| 2012-06-30 | 4.58% |
| 2012-03-31 | 4.88% |
| 2011-12-31 | 5.32% |
| 2011-09-30 | 6.76% |
| 2011-07-02 | 8.07% |
| 2011-04-02 | 7.89% |
| 2011-01-01 | 7.90% |
| 2010-09-30 | 8.51% |
| 2010-07-03 | 5.73% |
| 2010-04-03 | 2.54% |
| 2010-01-02 | 1.68% |
| 2009-09-30 | -0.22% |
| 2009-06-27 | -21.21% |
| 2009-03-28 | -19.12% |
| 2008-12-27 | -18.20% |
| 2008-09-30 | -15.91% |
| 2008-06-28 | -36.27% |
| 2008-03-29 | -37.55% |
| 2007-12-29 | -36.39% |
| 2007-09-30 | -34.88% |
| 2007-06-30 | 1.96% |
| 2007-03-31 | 1.24% |
| 2006-12-30 | 1.74% |
| 2006-09-30 | 1.41% |
| 2006-07-01 | 2.62% |
| 2006-04-01 | 3.99% |
| 2005-12-31 | -11.73% |
| 2005-09-30 | -11.18% |
| 2005-07-02 | -10.51% |
| 2005-04-02 | -10.33% |
| 2005-01-01 | 2.19% |
| 2004-09-30 | 2.88% |
| 2004-06-26 | 0.83% |
| 2004-03-27 | 0.30% |
| 2003-12-27 | 0.54% |
| 2003-09-30 | -1.44% |
| 2003-06-28 | -45.54% |