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 10.98% is 55% above its 5-year average of 7.08%, near the high end of its 5-year range (-2.18%–14.19%).
As of the fiscal period ended Sunday, July 26, 2026. 3.09% above its 12-month average of 10.65%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2027 (2026-07-26): 10.98%.
RETURN ON INVESTED CAPITAL (ROIC)
10.98%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
10.65%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
6.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.51%
CURRENT VS TTM AVG
+3.09%
CURRENT VS 3Y AVG
+106.69%
CURRENT VS 5Y AVG
+55.05%
CURRENT VS 10Y AVG
+69.34%
CURRENT VS 15Y AVG
+79.02%
CURRENT VS 20Y AVG
+68.78%
SECTOR MEDIAN · TECHNOLOGY
7.81%
median of 213 covered companies
CURRENT VS SECTOR MEDIAN
+40.61%
vs the sector median at left
Semtech Corporation
Market Cap
$18.21B
Return on Invested Capital (ROIC)
10.98%
TTM Avg
10.65%
3Y Avg
5.31%
5Y Avg
7.08%
Market Cap
$18.16B
Return on Invested Capital (ROIC)
13.45%
TTM Avg
13.27%
3Y Avg
12.25%
5Y Avg
10.95%
Market Cap
$18.29B
Return on Invested Capital (ROIC)
24.31%
TTM Avg
16.21%
3Y Avg
20.54%
5Y Avg
21.80%
Market Cap
$18.35B
Return on Invested Capital (ROIC)
4.85%
TTM Avg
1.09%
3Y Avg
11.34%
5Y Avg
13.02%
Market Cap
$17.92B
Return on Invested Capital (ROIC)
10.35%
TTM Avg
9.27%
3Y Avg
8.53%
5Y Avg
11.34%
Market Cap
$18.94B
Return on Invested Capital (ROIC)
8.17%
TTM Avg
6.63%
3Y Avg
-0.22%
5Y Avg
3.98%
Market Cap
$19.01B
Return on Invested Capital (ROIC)
-10.91%
TTM Avg
-10.50%
3Y Avg
-11.76%
5Y Avg
-12.06%
Market Cap
$17.35B
Return on Invested Capital (ROIC)
6.83%
TTM Avg
7.05%
3Y Avg
6.70%
5Y Avg
6.02%
Market Cap
$17.23B
Return on Invested Capital (ROIC)
20.94%
TTM Avg
7.34%
3Y Avg
-9.33%
5Y Avg
-14.66%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Semtech Corporation (SMTC) | $18.21B | 10.98% | 10.65% | 5.31% | 7.08% |
| Broadridge Financial Solutions, Inc. (BR)vs › | $18.16B | 13.45% | 13.27% | 12.25% | 10.95% |
| BE Semiconductor Industries N.V. (BESIY)vs › | $18.29B | 24.31% | 16.21% | 20.54% | 21.80% |
| Lattice Semiconductor Corporation (LSCC)vs › | $18.35B | 4.85% | 1.09% | 11.34% | 13.02% |
| Zebra Technologies Corporation (ZBRA)vs › | $17.92B | 10.35% | 9.27% | 8.53% | 11.34% |
| MKS Inc. (MKSI)vs › | $18.94B | 8.17% | 6.63% | -0.22% | 3.98% |
| Unity Software Inc. (U)vs › | $19.01B | -10.91% | -10.50% | -11.76% | -12.06% |
| Fortive Corporation (FTV)vs › | $17.35B | 6.83% | 7.05% | 6.70% | 6.02% |
| Toast, Inc. (TOST)vs › | $17.23B | 20.94% | 7.34% | -9.33% | -14.66% |
| Dynatrace, Inc. (DT)vs › | $17.23B | 5.60% | 5.80% | 5.73% | 5.34% |
ROIC
11.0%
ROE
20.6%
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) |
|---|---|
| 2026-07-26 | 10.98% |
| 2026-04-26 | 10.36% |
| 2026-01-25 | 11.20% |
| 2025-10-26 | 10.99% |
| 2025-07-27 | 9.73% |
| 2025-04-27 | 7.96% |
| 2025-01-31 | 5.36% |
| 2024-10-27 | 3.13% |
| 2024-07-28 | 0.87% |
| 2024-04-28 | -0.85% |
| 2024-01-31 | -2.18% |
| 2023-10-29 | -0.43% |
| 2023-07-30 | 1.95% |
| 2023-04-30 | 2.28% |
| 2023-01-31 | 5.25% |
| 2022-10-30 | 10.54% |
| 2022-07-31 | 13.75% |
| 2022-05-01 | 14.19% |
| 2022-01-31 | 12.86% |
| 2021-10-31 | 11.07% |
| 2021-08-01 | 9.71% |
| 2021-05-02 | 8.34% |
| 2021-01-31 | 7.26% |
| 2020-10-25 | 6.23% |
| 2020-07-26 | 5.58% |
| 2020-04-26 | 3.99% |
| 2020-01-31 | 3.94% |
| 2019-10-27 | 4.73% |
| 2019-07-28 | 6.09% |
| 2019-04-28 | 8.46% |
| 2019-01-31 | 9.31% |
| 2018-10-28 | 8.13% |
| 2018-07-29 | 5.89% |
| 2018-04-29 | 4.91% |
| 2018-01-31 | 4.61% |
| 2017-10-29 | 5.72% |
| 2017-07-30 | 5.73% |
| 2017-04-30 | 5.46% |
| 2017-01-31 | 4.89% |
| 2016-10-30 | 3.94% |
| 2016-07-31 | 3.96% |
| 2016-05-01 | 2.90% |
| 2016-01-31 | 2.05% |
| 2015-10-25 | 0.87% |
| 2015-07-26 | 1.11% |
| 2015-04-26 | 2.78% |
| 2015-01-31 | 3.85% |
| 2014-10-26 | -13.02% |
| 2014-07-27 | -14.17% |
| 2014-04-27 | -13.76% |
| 2014-01-31 | -12.72% |
| 2013-10-27 | 6.43% |
| 2013-07-28 | 7.00% |
| 2013-04-28 | 5.05% |
| 2013-01-31 | 1.47% |
| 2012-10-28 | 1.37% |
| 2012-07-29 | 1.73% |
| 2012-04-29 | 4.43% |
| 2012-01-31 | 13.43% |
| 2011-10-30 | 15.29% |
| 2011-07-31 | 13.99% |
| 2011-05-01 | 13.73% |
| 2011-01-31 | 12.73% |
| 2010-10-31 | 10.41% |
| 2010-08-01 | 5.93% |
| 2010-05-02 | 4.60% |
| 2010-01-31 | 3.87% |
| 2009-10-25 | 4.11% |
| 2009-07-26 | 6.73% |
| 2009-04-26 | 7.89% |
| 2009-01-31 | 8.80% |
| 2008-10-26 | 10.78% |
| 2008-07-27 | 11.28% |
| 2008-04-27 | 10.31% |
| 2008-01-31 | 9.85% |
| 2007-10-28 | 5.62% |
| 2007-07-29 | 3.81% |
| 2007-04-29 | 2.75% |
| 2007-01-31 | 4.04% |
| 2006-10-29 | 6.30% |
| 2006-07-30 | 7.81% |
| 2006-04-30 | 8.22% |
| 2006-01-31 | 9.69% |
| 2005-10-30 | 9.62% |
| 2005-07-31 | 10.28% |
| 2005-05-01 | 12.74% |
| 2005-01-31 | 12.59% |
| 2004-10-31 | 13.24% |
| 2004-07-25 | 12.44% |
| 2004-04-25 | 10.29% |
| 2004-01-31 | 8.64% |
| 2003-10-26 | 5.51% |
| 2003-07-27 | 4.73% |