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 1.74% is 84% below its 5-year average of 10.64%, near the low end of its 5-year range (1.62%–16.20%).
As of the fiscal period ended Friday, July 31, 2026. 9.12% below its 12-month average of 1.91%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
1.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
1.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.36%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
8.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.09%
CURRENT VS TTM AVG
-9.12%
CURRENT VS 3Y AVG
-80.38%
CURRENT VS 5Y AVG
-83.67%
CURRENT VS 10Y AVG
-81.44%
CURRENT VS 15Y AVG
-79.59%
CURRENT VS 20Y AVG
-78.51%
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-78.73%
vs the sector median at left
Synopsys, Inc.
Market Cap
$75.07B
Return on Invested Capital (ROIC)
1.74%
TTM Avg
1.91%
3Y Avg
8.85%
5Y Avg
10.64%
Market Cap
$74.83B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
0.17%
3Y Avg
-0.80%
5Y Avg
-0.85%
Market Cap
$74.21B
Return on Invested Capital (ROIC)
6.18%
TTM Avg
3.59%
3Y Avg
4.35%
5Y Avg
4.42%
Market Cap
$76.13B
Return on Invested Capital (ROIC)
8.17%
TTM Avg
1.58%
3Y Avg
-2.18%
5Y Avg
0.95%
Market Cap
$76.85B
Return on Invested Capital (ROIC)
16.59%
TTM Avg
18.95%
3Y Avg
19.16%
5Y Avg
18.05%
Market Cap
$78.24B
Return on Invested Capital (ROIC)
13.29%
TTM Avg
13.77%
3Y Avg
18.23%
5Y Avg
18.78%
Market Cap
$87.24B
Return on Invested Capital (ROIC)
16.02%
TTM Avg
15.42%
3Y Avg
13.33%
5Y Avg
12.92%
Market Cap
$87.49B
Return on Invested Capital (ROIC)
7.20%
TTM Avg
5.97%
3Y Avg
7.71%
5Y Avg
7.86%
Market Cap
$59.86B
Return on Invested Capital (ROIC)
18.22%
TTM Avg
15.76%
3Y Avg
18.62%
5Y Avg
17.70%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Synopsys, Inc. (SNPS) | $75.07B | 1.74% | 1.91% | 8.85% | 10.64% |
| Datadog, Inc. (DDOG)vs › | $74.83B | 0.23% | 0.17% | -0.80% | -0.85% |
| Hewlett Packard Enterprise Company (HPE)vs › | $74.21B | 6.18% | 3.59% | 4.35% | 4.42% |
| Lumentum Holdings Inc. (LITE)vs › | $76.13B | 8.17% | 1.58% | -2.18% | 0.95% |
| Motorola Solutions, Inc. (MSI)vs › | $76.85B | 16.59% | 18.95% | 19.16% | 18.05% |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.24B | 13.29% | 13.77% | 18.23% | 18.78% |
| Intuit Inc. (INTU)vs › | $87.24B | 16.02% | 15.42% | 13.33% | 12.92% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.49B | 7.20% | 5.97% | 7.71% | 7.86% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $59.86B | 18.22% | 15.76% | 18.62% | 17.70% |
| TE Connectivity plc (TEL)vs › | $59.45B | 13.59% | 11.73% | 12.72% | 13.02% |
ROIC
1.7%
ROE
3.5%
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 | 1.74% |
| 2026-04-30 | 1.62% |
| 2026-01-31 | 1.87% |
| 2025-10-31 | 1.97% |
| 2025-07-31 | 2.36% |
| 2025-04-30 | 5.77% |
| 2025-01-31 | 11.13% |
| 2024-10-31 | 12.15% |
| 2024-07-31 | 15.17% |
| 2024-04-30 | 15.29% |
| 2024-01-31 | 16.18% |
| 2023-10-31 | 16.20% |
| 2023-07-31 | 13.64% |
| 2023-04-30 | 12.65% |
| 2023-01-31 | 13.69% |
| 2022-10-31 | 15.34% |
| 2022-07-31 | 15.60% |
| 2022-04-30 | 15.24% |
| 2022-01-31 | 13.79% |
| 2021-10-31 | 10.76% |
| 2021-07-31 | 11.19% |
| 2021-04-30 | 11.91% |
| 2021-01-31 | 11.47% |
| 2020-10-31 | 10.48% |
| 2020-07-31 | 9.83% |
| 2020-04-30 | 8.73% |
| 2020-01-31 | 8.33% |
| 2019-10-31 | 10.87% |
| 2019-07-31 | 9.96% |
| 2019-04-30 | 8.39% |
| 2019-01-31 | 8.45% |
| 2018-10-31 | 8.21% |
| 2018-07-31 | 5.10% |
| 2018-04-30 | 5.64% |
| 2018-01-31 | 4.68% |
| 2017-10-31 | 5.04% |
| 2017-07-31 | 7.23% |
| 2017-04-30 | 6.12% |
| 2017-01-31 | 6.76% |
| 2016-10-31 | 6.89% |
| 2016-07-31 | 6.32% |
| 2016-04-30 | 6.16% |
| 2016-01-31 | 6.16% |
| 2015-10-31 | 5.82% |
| 2015-07-31 | 5.99% |
| 2015-04-30 | 6.38% |
| 2015-01-31 | 6.71% |
| 2014-10-31 | 6.93% |
| 2014-07-31 | 6.82% |
| 2014-04-30 | 6.18% |
| 2014-01-31 | 6.88% |
| 2013-10-31 | 7.00% |
| 2013-07-31 | 6.33% |
| 2013-04-30 | 7.25% |
| 2013-01-31 | 5.87% |
| 2012-10-31 | 5.89% |
| 2012-07-31 | 6.83% |
| 2012-04-30 | 5.91% |
| 2012-01-31 | 9.26% |
| 2011-10-31 | 9.02% |
| 2011-07-31 | 7.95% |
| 2011-04-30 | 7.48% |
| 2011-01-31 | 5.70% |
| 2010-10-31 | 7.79% |
| 2010-07-31 | 7.72% |
| 2010-04-30 | 8.14% |
| 2010-01-31 | 8.95% |
| 2009-10-31 | 7.05% |
| 2009-07-31 | 9.13% |
| 2009-04-30 | 10.15% |
| 2009-01-31 | 10.53% |
| 2008-10-31 | 10.37% |
| 2008-07-31 | 9.28% |
| 2008-04-30 | 7.59% |
| 2008-01-31 | 6.72% |
| 2007-10-31 | 5.86% |
| 2007-07-31 | 4.62% |
| 2007-04-30 | 3.98% |
| 2007-01-31 | 2.54% |
| 2006-10-31 | 1.42% |
| 2006-07-31 | 0.81% |
| 2006-04-30 | -0.08% |
| 2006-01-31 | -1.31% |
| 2005-10-31 | -4.10% |
| 2005-07-31 | -6.70% |
| 2005-04-30 | -2.99% |
| 2005-01-31 | 1.51% |
| 2004-10-31 | 5.37% |
| 2004-07-31 | 9.69% |
| 2004-04-30 | 10.13% |
| 2004-01-31 | 9.28% |
| 2003-10-31 | 8.87% |
| 2003-08-02 | 14.29% |