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 -24.89% is 17% below its 5-year average of -21.23%, around the middle of its 5-year range (-30.77%–-12.34%).
As of the fiscal period ended Friday, July 31, 2026. 13.08% above its 12-month average of -28.64%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2027 (2026-07-31): -24.89%.
RETURN ON INVESTED CAPITAL (ROIC)
-24.89%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-28.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-25.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-21.23%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+13.08%
CURRENT VS 3Y AVG
+2.82%
CURRENT VS 5Y AVG
-17.26%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-404.65%
vs the sector median at left
Snowflake Inc.
Market Cap
$111.94B
Return on Invested Capital (ROIC)
-24.89%
TTM Avg
-28.64%
3Y Avg
-25.61%
5Y Avg
-21.23%
Market Cap
$111.35B
Return on Invested Capital (ROIC)
63.79%
TTM Avg
50.00%
3Y Avg
28.59%
5Y Avg
18.74%
Market Cap
$110.54B
Return on Invested Capital (ROIC)
23.85%
TTM Avg
24.26%
3Y Avg
32.39%
5Y Avg
31.71%
Market Cap
$116.10B
Return on Invested Capital (ROIC)
-6.90%
TTM Avg
-5.13%
3Y Avg
-6.98%
5Y Avg
-7.11%
Market Cap
$118.35B
Return on Invested Capital (ROIC)
17.13%
TTM Avg
18.32%
3Y Avg
20.20%
5Y Avg
20.44%
Market Cap
$102.46B
Return on Invested Capital (ROIC)
40.02%
TTM Avg
31.16%
3Y Avg
27.93%
5Y Avg
27.17%
Market Cap
$123.64B
Return on Invested Capital (ROIC)
8.19%
TTM Avg
5.55%
3Y Avg
4.63%
5Y Avg
4.45%
Market Cap
$126.47B
Return on Invested Capital (ROIC)
32.78%
TTM Avg
27.98%
3Y Avg
29.21%
5Y Avg
26.02%
Market Cap
$90.07B
Return on Invested Capital (ROIC)
16.02%
TTM Avg
15.42%
3Y Avg
13.33%
5Y Avg
12.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snowflake Inc. (SNOW) | $111.94B | -24.89% | -28.64% | -25.61% | -21.23% |
| AppLovin Corporation (APP)vs › | $111.35B | 63.79% | 50.00% | 28.59% | 18.74% |
| Automatic Data Processing, Inc. (ADP)vs › | $110.54B | 23.85% | 24.26% | 32.39% | 31.71% |
| Cloudflare, Inc. (NET)vs › | $116.10B | -6.90% | -5.13% | -6.98% | -7.11% |
| Accenture plc (ACN)vs › | $118.35B | 17.13% | 18.32% | 20.20% | 20.44% |
| Adobe Inc. (ADBE)vs › | $102.46B | 40.02% | 31.16% | 27.93% | 27.17% |
| Corning Inc (GLW)vs › | $123.64B | 8.19% | 5.55% | 4.63% | 4.45% |
| Fortinet, Inc. (FTNT)vs › | $126.47B | 32.78% | 27.98% | 29.21% | 26.02% |
| Intuit Inc. (INTU)vs › | $90.07B | 16.02% | 15.42% | 13.33% | 12.92% |
| Datadog, Inc. (DDOG)vs › | $81.97B | 0.23% | 0.17% | -0.80% | -0.85% |
ROIC
-24.9%
ROE
-50.7%
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) |
|---|---|
| 2026-07-31 | -24.89% |
| 2026-04-30 | -27.19% |
| 2026-01-31 | -30.15% |
| 2025-10-31 | -30.77% |
| 2025-07-31 | -30.19% |
| 2025-04-30 | -30.32% |
| 2025-01-31 | -25.40% |
| 2024-10-31 | -24.21% |
| 2024-07-31 | -27.68% |
| 2024-04-30 | -24.03% |
| 2024-01-31 | -19.93% |
| 2023-10-31 | -20.24% |
| 2023-07-31 | -17.95% |
| 2023-04-30 | -16.67% |
| 2023-01-31 | -14.70% |
| 2022-10-31 | -13.29% |
| 2022-07-31 | -12.46% |
| 2022-04-30 | -12.34% |
| 2022-01-31 | -13.61% |
| 2021-10-31 | -14.67% |
| 2021-07-31 | -15.04% |
| 2021-04-30 | -12.68% |
| 2021-01-31 | -10.60% |
| 2020-10-31 | -8.30% |
| 2020-07-31 | -36.40% |
| 2020-04-30 | -35.72% |
| 2020-01-31 | -60.06% |
