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 14.77% is in line with its 5-year average of 14.59%, around the middle of its 5-year range (4.33%–33.57%).
As of the fiscal period ended Tuesday, June 30, 2026. 41.75% above its 12-month average of 10.42%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 14.77%.
RETURN ON INVESTED CAPITAL (ROIC)
14.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
14.59%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
14.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
14.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
13.91%
CURRENT VS TTM AVG
+41.75%
CURRENT VS 3Y AVG
+71.14%
CURRENT VS 5Y AVG
+1.26%
CURRENT VS 10Y AVG
+3.80%
CURRENT VS 15Y AVG
+4.84%
CURRENT VS 20Y AVG
+6.20%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+80.81%
vs the sector median at left
Silicon Motion Technology Corporation
Market Cap
$9.55B
Return on Invested Capital (ROIC)
14.77%
TTM Avg
10.42%
3Y Avg
8.63%
5Y Avg
14.59%
Market Cap
$9.56B
Return on Invested Capital (ROIC)
2.53%
TTM Avg
3.17%
3Y Avg
2.83%
5Y Avg
3.75%
Market Cap
$9.43B
Return on Invested Capital (ROIC)
14.56%
TTM Avg
13.93%
3Y Avg
11.15%
5Y Avg
7.19%
Market Cap
$9.87B
Return on Invested Capital (ROIC)
23.60%
TTM Avg
21.75%
3Y Avg
20.25%
5Y Avg
18.82%
Market Cap
$9.04B
Return on Invested Capital (ROIC)
16.87%
TTM Avg
23.00%
3Y Avg
16.70%
5Y Avg
12.52%
Market Cap
$8.96B
Return on Invested Capital (ROIC)
11.16%
TTM Avg
5.13%
3Y Avg
5.92%
5Y Avg
7.10%
Market Cap
$8.67B
Return on Invested Capital (ROIC)
-1.37%
TTM Avg
-2.59%
3Y Avg
-9.00%
5Y Avg
-12.88%
Market Cap
$8.45B
Return on Invested Capital (ROIC)
-3.49%
TTM Avg
-11.35%
3Y Avg
-13.11%
5Y Avg
-12.97%
Market Cap
$7.94B
Return on Invested Capital (ROIC)
-9.02%
TTM Avg
-11.64%
3Y Avg
-19.22%
5Y Avg
-30.49%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Silicon Motion Technology Corporation (SIMO) | $9.55B | 14.77% | 10.42% | 8.63% | 14.59% |
| Viavi Solutions Inc. (VIAV)vs › | $9.56B | 2.53% | 3.17% | 2.83% | 3.75% |
| Rambus Inc. (RMBS)vs › | $9.43B | 14.56% | 13.93% | 11.15% | 7.19% |
| Paycom Software, Inc. (PAYC)vs › | $9.87B | 23.60% | 21.75% | 20.25% | 18.82% |
| InterDigital, Inc. (IDCC)vs › | $9.04B | 16.87% | 23.00% | 16.70% | 12.52% |
| FormFactor, Inc. (FORM)vs › | $8.96B | 11.16% | 5.13% | 5.92% | 7.10% |
| Elastic N.V. (ESTC)vs › | $8.67B | -1.37% | -2.59% | -9.00% | -12.88% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.45B | -3.49% | -11.35% | -13.11% | -12.97% |
| GitLab Inc. (GTLB)vs › | $7.94B | -9.02% | -11.64% | -19.22% | -30.49% |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.45B | 18.77% | 17.83% | 16.55% | 16.46% |
ROIC
14.8%
ROE
27.7%
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 | 14.77% |
| 2026-03-31 | 12.08% |
| 2025-12-31 | 9.22% |
| 2025-09-30 | 8.16% |
| 2025-06-30 | 7.87% |
| 2025-03-30 | 8.97% |
| 2024-12-31 | 9.04% |
| 2024-09-30 | 8.83% |
| 2024-06-30 | 8.05% |
| 2024-03-31 | 5.50% |
| 2023-12-31 | 4.33% |
| 2023-09-30 | 4.67% |
| 2023-06-30 | 8.91% |
| 2023-03-31 | 15.64% |
| 2022-12-31 | 22.33% |
| 2022-09-30 | 28.61% |
| 2022-06-30 | 32.29% |
| 2022-03-31 | 33.57% |
| 2021-12-31 | 28.82% |
| 2021-09-30 | 18.86% |
| 2021-06-30 | 15.83% |
| 2021-03-31 | 13.75% |
| 2020-12-31 | 12.87% |
| 2020-09-30 | 15.90% |
| 2020-06-30 | 12.72% |
| 2020-03-31 | 10.91% |
| 2019-12-31 | 8.20% |
| 2019-09-30 | 6.72% |
| 2019-06-30 | 10.75% |
| 2019-03-31 | 14.27% |
| 2018-12-31 | 17.27% |
| 2018-09-30 | 14.54% |
| 2018-06-30 | 13.08% |
| 2018-03-31 | 12.41% |
| 2017-12-31 | 13.34% |
| 2017-09-30 | 16.40% |
| 2017-06-30 | 19.31% |
| 2017-03-31 | 21.48% |
| 2016-12-31 | 22.65% |
| 2016-09-30 | 21.15% |
| 2016-06-30 | 18.75% |
| 2016-03-31 | 16.86% |
| 2015-12-31 | 15.97% |
| 2015-09-30 | 16.06% |
| 2015-06-30 | 17.45% |
| 2015-03-31 | 16.88% |
| 2014-12-31 | 13.90% |
| 2014-09-30 | 12.10% |
| 2014-06-30 | 10.75% |
| 2014-03-31 | 9.07% |
| 2013-12-31 | 9.42% |
| 2013-09-30 | 10.69% |
| 2013-06-30 | 13.28% |
| 2013-03-31 | 14.27% |
| 2012-12-31 | 17.18% |
| 2012-09-30 | 20.56% |
| 2012-06-30 | 20.62% |
| 2012-03-31 | 20.11% |
| 2011-12-31 | 17.11% |
| 2011-09-30 | 13.19% |
| 2011-06-30 | 8.87% |
| 2011-03-31 | 7.75% |
| 2010-12-31 | 3.87% |
| 2010-09-30 | -35.41% |
| 2010-06-30 | -41.31% |
| 2010-03-31 | -46.37% |
| 2009-12-31 | -47.70% |
| 2009-09-30 | -11.50% |
| 2009-06-30 | -7.22% |
| 2009-03-31 | -1.40% |
| 2008-12-31 | 3.67% |
| 2008-09-30 | 13.21% |
| 2008-06-30 | 13.69% |
| 2008-03-31 | 15.16% |
| 2007-12-31 | 16.50% |
| 2007-09-30 | 16.61% |
| 2007-06-30 | 17.06% |
| 2007-03-31 | 21.36% |
| 2006-12-31 | 19.01% |
| 2006-09-30 | 18.98% |
| 2006-06-30 | 18.63% |
| 2006-03-31 | 18.30% |
| 2005-12-31 | 18.79% |
